JLL: Property Prices in Mumbai Expected to Increase by 6%

mumbai-prop-pricesAccording to the recognized property consultant, Jones Lang LaSalle (JLL), Mumbai is expected to witness rise in property prices. An average property price appreciation of 6% is expected by the end of Quarter 4 of 2015.The COO operations and international director of JLL said that the Mumbai residential property market is likely to see good amount of buying activity within the six months.Buyers seem to get benefited with the current market scenario and get better property deals. The market condition may remain similar even next year.Real estate developers expect the market condition to improve in coming months as the number of enquiries has noticeably increased than before. However to increase the speed of sales, builders as usual would offer discounts, freebies, festive offers, waivers or any smart scheme.In few of the prominent locations of Mumbai, builders are already offering 10% discount on the base price to the serious buyers while in some cases, buyers can negotiate the floor rise rate.Most of the schemes are offered on pre launch projects. Some of the popular offers among the builders are 10:80:10, 20:80, 30:70 and 5:80:15. In such schemes the buyers need to pay higher base rate in comparison to buyers who choose to pay large amount of capital value during the launch but still it remains favorite among the buyers.займ на карту без отказов круглосуточновзять кредит онлайн

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