I’m tracking Mumbai country homes listed between ₹92,180,000 and ₹138,300,000. The snapshot shows a 0.6% movement and roughly 72 days on market, but negotiated discounts seem to vary sharply according to property condition.
My working theory is that insurance considerations are creating more of that spread than headline buyer demand. Before relying on it, I’d like to compare recent completed sales with new listings, withdrawn stock and the timing of price cuts. Buyer financing and seller motivation may also be distorting the picture.
Does this match what others are seeing around Mumbai or elsewhere in India? Please name the neighbourhood, clarify its boundaries if they are ambiguous, identify the property type and condition, and say whether your example is a completed sale, active listing or withdrawal.
My working theory is that insurance considerations are creating more of that spread than headline buyer demand. Before relying on it, I’d like to compare recent completed sales with new listings, withdrawn stock and the timing of price cuts. Buyer financing and seller motivation may also be distorting the picture.
Does this match what others are seeing around Mumbai or elsewhere in India? Please name the neighbourhood, clarify its boundaries if they are ambiguous, identify the property type and condition, and say whether your example is a completed sale, active listing or withdrawal.