New developments are coming up in both eastern suburbs of Powai, Mulund, and Thane as well as the Western suburbs of Andheri, Goregaon, Malad and Kandivali and in Navi Mumbai.

Prime areas in South Mumbai such as Cuffe Parade, Colaba, Breach Candy and Malabar Hill have shown marginal increase in rents. Higher end residential developments are experiencing strong demand from corporate and high net-worth individuals. Capital values have seen a steep increase across the market segments due to strong demand.

In our opinion Capital Value Price Appreciation is set to increase by 6-7% over the next 1 year. The rentals are expected to be higher by 15%.