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Flat cost up in south Mumbai

Real estate services firm Cushman & Wakefield has said that property values in South Mumbai, where BJP MP Vinod Khanna recently bought a flat for Rs 30 crore at Rs 1.2 lakh per square feet, would further appreciate, though marginally, in the second half of the year due to demand-supply mismatch.

“Demand for prime property has been on a constant rise as South Mumbai has been the traditional business capital of the city. It is expected to witness growth and increase in values – Reuters

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