tag:blogger.com,1999:blog-19301908.post8559482894040478130..comments2014-06-26T17:47:05.089+05:30Comments on Eclectic Investor: Mumbai Property Prices Slump Some MoreEclectic Investorhttp://www.blogger.com/profile/16398703010402269262noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-19301908.post-46586523651724882422008-05-11T13:12:00.000+05:302008-05-11T13:12:00.000+05:30Residential property prices in Mumbai will see a h...Residential property prices in Mumbai will see a huge correction by end of 2008 and thereafter to continue receding.Inflation rate to touch 8 to 8.5%,bank loan rates expected to climb to 14% and petrol prices at 60Rs./litr, making real home users as well as investors hard time. Proprty developers fear prices will nose dive, hence stopped may projects. <BR/><BR/>Scarcity of water and power yet to show effects especially in the areas with huge malls and sky scrapers.शिवाजी भोसलेhttps://www.blogger.com/profile/14550120574103243117noreply@blogger.com