Friday, October 17, 2008

Mumbai Residential Price Index

Here is Mumbai's Residential Price Index as published by Kotak Research with 1993 as the base year.

Mumbai Residential Realty IndexAnd in between 2003 and 2008, the NSE Index went from 900 levels to 6,000.

So sure Mumbaikars made lot of money on the NSE which later flowed into Realty. Now that NSE has melted down, what will be the Reality in Realty ?

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