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Mumbai property prices may rise

Mumbai property prices may rise

Friday, March 31, 2017, 11:28 AM

The proposed levy of 1% surcharge by Municipal Corporation of Greater Mumbai (MCGM) on all property transactions in Mumbai is likely to make houses in the country's most expensive property market more unaffordable, a move that is likely to face lot of resistance from various associations of homebuyers and also developers who are trying hard to sell their inventories.
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