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Why is Mumbai Real Estate So Expensive?

Everyone keeps on talking about Mumbai real estate being extremely expensive and beyond the common man’s reach. There are umpteen number of articles chronicling the affordability of Mumbai real estate – but I don’t see a single one discussing why Mumbai real estate is expensive and unaffordable. There are some basic reasons behind such unaffordable

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Legal Dept. Drafts Rules to Regulate Mumbai Real Estate – TOI

The Sunday Times of India reported the following. Excerpts and Outlook from a Mumbai Real Estate Broker. To protect flat buyers from being short-changed by builders, the legal metrology department has, for the first time, prepared draft rules to regulate the construction industry. “It will curb unfair trade practices and provide right delivery of area

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