Suburban Mumbai Emerges as City’s Real Housing Centre, Palladian Partners Analysis Shows

Mumbai (Maharashtra) [India], November 24: New market indicators point to a structural shift in Mumbai’s housing patterns, with the Western and Central suburbs now driving the bulk of residential demand. Registration data from October shows that 55% of transactions originated in the Western belt and 29% in the Central suburbs, while the traditional island city accounted for a small share of total activity.

Key Highlights:

• Suburbs accounted for 84% of Mumbai’s 11,200 property…