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akazi · 19-08-08

Hi gals & guys,

There has been a steady increase in rates since 2004 in these areas. Can somebody please tell me if the prices will continue to increase in these areas or has it started to fall already.

A 10 lacs flat in 2004 was sold for 25 lacs in 2008 in Amrut Nagar, Jogeshwari (W).

A 30 lacs flat in 2007 was sold for 43 lacs in 2008 in Malwani, Malad (W).

In the long run will these properties will see profits if so in how many years.

Thanks and kind regards,

Akazi

19-08-08	#19
akazi New Member Join Date: Aug 2008 Location: Outside India Posts: 21 Thanks: 0 Thanked 0 Times in 0 Posts	Returns for properties in Malwani, Malad and Amrut Nagar Jogeshwari (W), Mumbai Hi gals & guys, There has been a steady increase in rates since 2004 in these areas. Can somebody please tell me if the prices will continue to increase in these areas or has it started to fall already. A 10 lacs flat in 2004 was sold for 25 lacs in 2008 in Amrut Nagar, Jogeshwari (W). A 30 lacs flat in 2007 was sold for 43 lacs in 2008 in Malwani, Malad (W). In the long run will these properties will see profits if so in how many years. Thanks and kind regards, Akazi