Numerical

Luxury Housing

Rs. 33,350 crore

Value of unsold inventory of 9,712 flats in 17 luxury projects in central Mumbai alone, based on data from RERA. "Builders priced their products at levels of a Mercedes but built a supply of the scale of Tata Motors. The absolute decay and collapse of Mumbai (infrastructure) to such levels has ensured that the bright and rich find it neither a place to invest nor live in." - Vishal Bhargava.

Last Modified: 01-Mar-2020 7:46 AM

37

Posted by Yatin Dhareshwar in Housing

Tags Luxury Housing Mumbai India

Source CNBC TV 18 | Vishal Bhargava | RERA