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Perception vs. Reality - A Peek into the Mumbai Residential Market

Following the global financial crisis (GFC), the real estate environment in Mumbai has been very uncertain, with residential property prices continuing to move upward despite
a considerable reduction in absorption. Meanwhile, buyers, who are eager to strike a deal, are facing issues such as high prices, lack of approvals and construction delays. At
the same time, developers, desperate to push absorption, are struggling to work out a winning combination in terms of the quality of the property, amenities and pricing.

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