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With increasing inflation, rising cost of capital, the expansion of trade deficit and drop in the stock market, the Mumbai real estate industry is currently witnessing a downfall.

Because Matt property sales over the past few months, prices in Mumbai is a decline of 10-15 percent in the next six to nine months, say media.

Renowned real estate developers have credited the decline to an imminent rate hike increase in costs, credit pinch of banks and bearish capital market leading to poor performance of the real estate industry Mumbai.

All this is in itself a negative effect on the properties of Mumbai. Although, on the other hand, it is a sign of maturity in the real estate market in the city. Further, the decline in property price is in the revival of demand from consumers who feel Mumbai real estate agents.

Industry sources, a view that this slowdown will lead to a cash crunch in Mumbai real estate developers. You are competing against each other to their current projects first. Besides inflation, rising loan and out of reach property prices have led to a decline in property values in Mumbai for the last three to four months.

But despite all the chances of Mumbai commercial real estate continues to the Indian commercial scene. There is a shortage of industrial space in the city whereas the housing segment is growing. The growing housing market leads to an oversupply of residential real estate in the city. Because given the current situation, people are waiting before they invest in Mumbai property transactions are still sluggish.

Moreover, as the rehabilitation initiatives Mumbai faces hurdles, as a study of urban authorities has found that the state government for the budget housing has acquired intervened, the real estate sector of Mumbai has tough times to overcome.

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