Seeking guidance on purchasing property in South Bombay, confused by shifting pricing for a Prabhadevi flat amid escalating tower developments. Recently finalized a deal at 3.85cr.
Based on my experience navigating South Bombay’s market, it’s essential to view developments around new towers as both an opportunity and a risk. When investing, I’ve found that the imminent arrival of modern amenities and services may drive up demand in the long run, even if prices fluctuate during the transition phase. The purchase at 3.85cr could represent a strategic entry point if the area benefits from enhanced infrastructure and connectivity. It is advisable to continuously monitor market trends and factor in potential delays or changes in government policies that may impact the investment’s future value.
Hey, South Bombay really is fascinating! I’m curious—how do you see tower developments affecting long-term value? Did your negotiation strategy change with the shifting prices? Would love to hear more about your experience!