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Mumbai property price adjustments are seeing a price correction in recent months. Both the residential rental and capital market in Mumbai have a price change. It has a 70 per cent of DIP in Greater Mumbai, whereas South Mumbai and its suburbs are reported to have 10-15 per cent correction.

The most important reason on which the industry experts for the slowdown in Mumbai property market is that a number of local factors and the most important functions are in distant suburbs of the city.

After Mumbai real estate agents, developers of the hat against loss in the jumble of offerings look like in the real estate market, so that they come with innovative ideas to get.

With a view to combat the above situation of a part of Mumbai's leading real estate developer is trying to carve a niche in person to the needs and requirements of each customer.

Also miffed by the drop in bookings and transactions stumpy, Mumbai Real Estate Builders have now with a number of freebies. To the buyers, the developers are happy with the stamp and registration fees themselves

While there are customers who purchase an apartment in Mumbai, the prices are too high. Despite the fact that the property shows in the city attract many visitors, the bookings are not as inspiring. All in Mumbai, developers have suffered a decline in postings, research reports. Indeed, with crash crunch, recently Ltd real estate major Unitech has 50 percent of its shares in the Santacruz project in Mumbai to Lehman Brothers Real Estate Partners for $ 175 million, media sources.

However, on the commercial front, demand for office space in Mumbai is still enormous. The well-developed buildings still high prices. Moreover, the state has the additional space index (FSI), in the suburbs. This is to be expected that the status of the old housing societies for the rehabilitation.

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