Property prices in Mumbai to drop! Here is big reason why
Mumbai property: The additional supply is likely to have a positive impact on property prices in the metropolis. According to a senior government official, the new provisions have been made with the aim to increase the number of houses that can be constructed. “If there is more supply, then it will impact property prices by default.
Mumbai property: A large chunk of land will now be open to the construction of houses in Mumbai. Image source: Reuters