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Where Are The New Properties In Mumbai?


wealthymattersIn Mumbai there were around 18,000 units launched in the first half of the year till June, representing an increase of 30% over last year.

Of the total new launches, a majority of 30% were concentrated in the western suburbs of Andheri, Bandra, Malad and Goregaon. Navi Mumbai contributed 24% to the overall launches with the second phase of a large township project launched in Panvel.

The central suburban stretch from Kurla to Mulund contributed 20% to the new launches with two large projects coming up in Mulund along with projects in Chembur, Kanjurmarg and Ghatkopar.

In Thane, where a number of projects are currently under construction, the pace of new projects has slowed down in 2013.

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About Keerthika Singaravel
Engineer,Investor,Businessperson

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