Mumbai: One of the largest slums in Asia, Dharavi is nowhere behind in the race of soaring property prices in India. One of the shanties in Dharavi which is around 450 sq ft is priced over Rs. 1 crore. This slum area has almost beaten the costliest and posh area of Mumbai like Lower Parel. In today’s scenario an 80 sq ft area shanty in this location costs around Rs. 25 lakh which is almost more than some of the standard projects launched by renowned developers like Lodha Group and Indiabulls Real estate. Infact these two developers have lowered their project prices in Lower Parel by offering discount of around 10 to 15%.In Dubai, one can buy a studio apartment that also in any prime locality for Dh 625,000 that is almost Rs. 1 crore. Dharavi is centrally located is famous for industries such as recycling, garment manufacturing, leather manufacturing and food processing industries. One of the main factors that have made this location more attractive is the redevelopment as per a 1998 plan. In 2007 a subsidiary company of Dubai tied up with an Indian firm to offer redevelopment of Dharavi but for some reason the plan did not progress. Maharashtra government accepted the Dharavi Redevelopment plan which was launched in 1998 by one of the architects. Once the redevelopment plan gets executed, the property prices are expected to rise even more higher.The prices of the homes that have just a wooden or tin roof have been increased in past two years. According to a report, around 10 to 15 prospective buyers enquire about this location every day and around 50% of them deal in the properties. The deals do take time to finalize but it certainly does happen.займ на карту без отказов круглосуточновзять кредит онлайн