While on the macroeconomic front, India witnessed a slump in the number of new launches it also observed a slight increase in the number of houses sold. Implying the absorption of ready inventory. Here is a list of projects that remained in high demand across different markets of Mumbai and Thane during the first week of June.
Western Suburbs
The western suburbs of Mumbai extend from Dahisar, Borivali, Kandivali, Malad, Goregaon, Jogeshwari, Andheri, Juhu, Khar, Santacruz, Vile Parle, and Bandra. The average price per carpet area in the Western Suburbs stands at ₹ 38,600 per sq. ft.
Eastern Suburbs
The eastern suburbs of Mumbai extend from Bhandup, Kanjurmarg, Ghatkopar, Mulund to Govandi, Vikhroli, and Diva. The average price per carpet area in the Eastern Suburbs stands at ₹ 30,500 per sq. ft.
Navi Mumbai
Navi Mumbai is a planned city off the west coast of Maharashtra. The city covers the southern part of Thane taluka, part of Panvel and Uran taluka. The average price per carpet area in the Navi Mumbai stands at ₹ 20,400 per sq. ft.
South Mumbai
South Mumbai extends from Colaba in the south to Mahim and Sion in the north. The average price per carpet area in the South Mumbai stands at ₹ 70,500 per sq. ft.
Thane
Thane district lies on the North of Konkan division and is one of the few industrially advanced districts in the state of Maharashtra. The average price per carpet area in the Western Suburbs stands at ₹ 20,400 per sq. ft.