Do not enquire about prices now. Per square feet rates will go down by upto 35 percent in 6 months.
Fair value per square feet rates. Mira road 1600, Dahisar 2600, Borivali 3400, Kandivali 3700, Malad 4000, Goregaon 4400, Andheri 5500.
Logic is simple as has happened in USA. No one can afford paying up housing loans only for entire lives. If people earn Rs 5 lakhs per year at Andheri in Mumbai, the cost of 600 square feet house should not be more than 30 lakhs in Andheri. Right now, it will cost 50 lakhs with 30 lakhs white and 20 lakhs black money. till today builders are not reducing the rates
