Expensive property owner

South Mumbai Reality Gallery

Where are you? 'In Mumbai, the question is often "What is your name? 'Comes first. Do people in Mumbai ask why, so you can get an idea of status.

South Mumbai Reality Gallery

In the past 10 years in property prices in Mumbai enlargement is almost hundred percent. Seems to be more due to the involvement of investors.

South Mumbai Reality Gallery

Area that is considered posh bungalow in Versova 82-year-old Kuldeep Chand Jain seven live in a palatial house.

South Mumbai Reality Gallery

Their ancestral territory within seven bungalow villa market price is estimated at 100-125 million. He explains, "While the name of the area's seven bungalow, bungalow There is no longer just my own bungalow. Everything garden bungalows and cut - a 10-10 slip-story building has become."

South Mumbai Reality Gallery

From the ninth floor of the same building overlooking Mud Island from the south Mumbai. The high price of property in Mumbai is not only luxurious buildings, Kuldeep Jain looks out the window of the shanties, their price is also said to be up to Rs 20-25 lakh because they are seaside.

South Mumbai Reality Gallery

Kuldeep Jain explains, "With the cool breeze coming from the sea - with views of the sunrise and sunset everyday from here and elsewhere does not look good. If you stay here, then each of the three C's - Facing the 15 to 20 million rupees Flat has it. 

South Mumbai Reality Gallery

Nepean in Mumbai two years ago - a flat in Sea Road area, was sold for Rs 39 crore, which had created a flutter in Mumbai Property Bazaar.

South Mumbai Reality Gallery

Name followed by Mumbai, New York, Paris and London have been taken with such expensive property markets. The property was Bimjiani Mumbai's premier builder.

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Anshul Bimjiani Builder explains, "The money I earned by selling the Flat, I saw your next home, which is being prepared in Worli, imposed on him., I was not taking any money home. Was the cause of that property sold customer demand - he wanted to settle down in the mouth and the building - were willing to pay the price demanded, we also sold our property at good prices, I was lucky. "

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Bimjiani Anshul says, "You can not compare all areas  property  market of Mumbai than London or New York . Here are five - six places like that, there are not that many locations."

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Property Consultant Sunit Gandhi says, "If you have money and you want to invest, then the property is the only way you can make the most profit. Crores and you have a fixed deposit in the bank in put, you get eight to 10 percent interest, the 20 to 25 percent return on your property. "

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Sunit and property associated with the business people say a good government must come to the property business, pay attention to the rules and laws in the property market.

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Lyase Foras Pankaj Kapoor, MD of the company and property expert says,'' came FDI in India, according to the pockets of the people we wanted housing policy did not happen. Thought to be more investment, increased the value of the property. Tips for year 2001-2005 was right. Then people would buy property for personal use.''

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Mumbai's Nepean Sea area in the property market in the last 10 years has increased 100 percent. Nowadays south Mumbai in the area of 90 thousand rupees twenty lakhs per sq ft is sold.

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South Mumbai is a different fervor. In the past several years because the area is growing NRI investments.

South Mumbai Reality Gallery

Malabar Hill called the Golden Triangle, an area from Almont Road and Breach Candy is an expensive property. There are no open field and break them even bungalows were great - great building has become.

South Mumbai Reality Gallery

Mumbai in the past few years has increased the demand for homes in the southern region. Property experts said the Mumbai need 15 million homes, a million 50 thousand units are available. But over the years would not have sold 40 thousand house.

South Mumbai Reality Gallery

Pankaj Kapoor says,'' not increased in the last four years, and the market value of property in Mumbai is also stable. There is no demand. After builders still have enough unsold stocks. 26 million square feet of space lying and central Mumbai, there are 12 thousand homes for sale. "