{"id":17383,"date":"2013-05-03T07:17:15","date_gmt":"2013-05-03T07:17:15","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=17383"},"modified":"2020-06-15T04:11:18","modified_gmt":"2020-06-14T22:41:18","slug":"17383-unprecedented-increase-in-mumbai-property-prices-in-1st-quarter-of-2013","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/17383-unprecedented-increase-in-mumbai-property-prices-in-1st-quarter-of-2013\/","title":{"rendered":"Unprecedented Increase in Mumbai Property Prices in 1st Quarter of 2013"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-17384\" alt=\"Mumbai-1st-quarter-\" src=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/05\/Mumbai-1st-quarter-.jpg\" width=\"300\" height=\"250\" \/>Mumbai properties were always in talks for its sky- rocketing prices but the current<a href=\"http:\/\/www.bharatestates.com\/mumbai\/residential-price\"> property rates in Mumbai<\/a> have broke all the previous records. According to a research, Mumbai\u2019s property rates have been increased by 2.9% till the end of this March. Despite of the slowdown in the sales in real estate market, the property prices has risen unprecedentedly.During October- December, 2012 even though there was a marginal fall in the prices, only 7% of the properties were sold out of the total stock. This led to major stack of properties in the inventory which would require at least a 40 months of time span for clearing up. \u00a0There was a marginal dip of about 1% in December quarter. According to the data, <a href=\"http:\/\/www.bharatestates.com\/mumbai\/properties\">Mumbai property<\/a> market has about 133.39 million sq ft of unsold stock.Most of the buyers in the city focus on affordable homes therefore this has led to increase in the stock. Most of the properties in the inventory belong to Rs. 1crore to Rs. 2 crore price ranges.The property prices in this financial capital currently have rose from Rs. 11, 295 sq ft to Rs. 11,626 sq ft. in the 1<sup>st<\/sup> quarter which ended in March.The research also showed the data about the<a href=\"http:\/\/www.bharatestates.com\/delhi\/real-estate\"> Delhi realty market<\/a>. \u00a0In this March quarter, the main capital region and the areas surrounding it have shown 0.1% to 262.67 million sq ft increases in the property rates.<span style=\"left:100%;display:inline-block;position:fixed\"><a href=\"http:\/\/rusbankinfo.ru\/\">\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a><a href=\"http:\/\/rusbankinfo.ru\/credits.html\">\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai properties were always in talks for its sky- rocketing prices but the current property rates in Mumbai have broke all the previous records. According to a research, Mumbai\u2019s property rates have been increased by 2.9% till the end of this March. Despite of the slowdown in the sales in real estate market, the property [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-17383","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Unprecedented Increase in Mumbai Property Prices in 1st Quarter of 2013 -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/17383-unprecedented-increase-in-mumbai-property-prices-in-1st-quarter-of-2013\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unprecedented Increase in Mumbai Property Prices in 1st Quarter of 2013 -\" \/>\n<meta property=\"og:description\" content=\"Mumbai properties were always in talks for its sky- rocketing prices but the current property rates in Mumbai have broke all the previous records. According to a research, Mumbai\u2019s property rates have been increased by 2.9% till the end of this March. Despite of the slowdown in the sales in real estate market, the property [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bharatestates.com\/blog\/17383-unprecedented-increase-in-mumbai-property-prices-in-1st-quarter-of-2013\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/gayatri.subramanian\" \/>\n<meta property=\"article:published_time\" content=\"2013-05-03T07:17:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-14T22:41:18+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/05\/Mumbai-1st-quarter-.jpg\" \/>\n<meta name=\"author\" content=\"gayatri\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gayatri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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