HT Estates - - HTESTATES -

On the res­i­den­tial price front, while the weighted av­er­age price in the MMR in­creased by 4.2% in the first half of 2014, the fore­casted in­crease for the en­tire year (2014) is 10.1%. The prices of res­i­den­tial prop­er­ties in and around of­fice mar­kets is fairly steep and can­not be af­forded by the av­er­age Mum­baikar. To cater to the hous­ing needs (bud­get) of th­ese peo­ple sev­eral res­i­den­tial hubs have sprung up in the sub­urbs. With the re­cent com­ple­tion of tran­sit in­fra­struc­ture, the ac­cept­abil­ity of th­ese sub­urbs has vis­i­bly in­creased. The de­vel­op­ment of new of­fice projects in the sub­urbs has also aug­mented its res­i­den­tial real es­tate prospects

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