Saturday, December 13, 2008

Property rates in Mumbai is declining

After recent terror attacks property rates in Mumbai is declining. Global economic meltdown also leads to downfall in property rates. The November 26 Mumbai terror attack have led to severe drop in property rates and have also turned the customers from Mumbai to the suburban Navi Mumbai. Besides, builders feel it''s the right time to buy property. Prospective buyers are evaluating all possible measures and trying hard to get the best deal at the right time.

Builders Association of Navi Mumbai (BANM) had organized a property exhibition where visitors believed that the recessionary trends had already reduced the property rates and terror attack would reduce the rates further.

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