Mumbai's residential market to surpass Rs. 2L crore by 2030


Content Team
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.