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Mumbaikars, there is good news if you want to buy a house in Kandivli

Updated on: 09 December,2014 11:31 AM IST  | 
Varun Singh |

As per experts’ calculations, a boom in the housing market in Kandivli, Malad and Borivli in the days to come may lead to a price correction in the area

 Mumbaikars, there is good news if you want to buy a house in Kandivli


While no one can predict with certainty how the housing market will play out in the near future, real estate experts in the city seem positive about a price correction in property rates. According to them, three major areas in the western suburbs Kandivli, Malad, and Borivli are set to witness a big drop in housing prices.

According to real estate experts, three major areas in the western suburbs Kandivli, Malad, and Borivli are set to witness a major change in housing rates. Representational pic
According to real estate experts, three major areas in the western suburbs Kandivli, Malad, and Borivli are set to witness a major change in housing rates. Representational pic




They also say that bargains can be had in these areas if home buyers put in the effort to look at several houses and negotiate with sellers. Brokers, meanwhile, say that builders and homeowners need to reduce their profit margins if they want to sell the homes.



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