Mumbai's residential market to surpass Rs. 2L crore by 2030
Shortpedia
Content Team![](https://assets.shortpedia.com/uploads/2023/09/15/1694791282.jpeg?tr=w-720,ar-3-2,cm-pad_resize,bg-F3F3F3)
Image Credit: NewsBytes
A report by the National Real Estate Development Council (NAREDCO) Maharashtra predicts that Mumbai's residential real estate market will surpass Rs. 1 lakh crore in 2023. It will also breach the Rs. 2 lakh crore mark by 2030. The report, titled "Unlocking Opportunities with Infrastructure Development," reveals a shift in focus toward upper-mid and premium segments due to changing customer preferences.