Re-mumbai

Real Estate prices may rise by 25% in Mumbai Suburbs due to TDR rate hike

Mumbai Suburbs’s Real estate prices may increase by approx 25% in next year due to a hike of Transferable Development Rights (TDR) rates. In the eastern suburb of Mulund, TDR rates have risen from ₹3,500 per square foot 6 months ago, to ₹6,000 per square foot. Likewise, in western suburb of Borivali, TDR rates have […]