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Here’s Why Mumbai Flats Remain Unsold Despite Rising Population
Here’s why nearly 50% of under-constructed houses in Mumbai remain unsold.
10 Nov 2017, 06:43 PM IST 
Residential and commercial buildings stand in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
Nearly 50-52 percent of under-construction flats in Mumbai remain unsold, property consultant Cushman & Wakefield Head (Research) Siddhart Goel told BloombergQuint.
The maximum inventories are in the lower-cost segment as real estate owners continue to launch products in the wrong places, he said.
Watch the full conversation here:
