Nirmal Lifestyle: Plummeting property rates a treat for Mumbaikars

What goes up comes down! That’s more of a generalized statement although. And a few months from now, Mumbai would have been an exception to this saying. But, there has been a gravity shift of sorts in the Mumbai realty sector. The populous financial capital of India where upwards seems to be the only way forwards is being witness to an odd trend; at least odd from its own standards. The city where buying property for a common man was nothing short of a Herculean task, thanks to the high rates, has suddenly drifted towards the lower price band. Industry giants like Nirmal Lifestyle think such a scenario would continue at least for the next two years.

This is an optimum time for the consumers. In an expensive city like Mumbai, fall in real estate price is a pretty rare happening. The average cost of a 2 BHK in Mumbai has fallen to Rs 2.91 crore from 3 crore. Similarly, in the Mumbai Metropolitan Region, the fallen corresponding rates are 1.32 crore. As per Nirmal Lifestyle, this has been largely because of a huge difference between demand and supply. The supply was in surplus and the high prices kept the buyers away from investing. As a result, the developers were holding on to a high level of inventory which they are trying to dispose off now.This is in fact good for the developers as well. Another reason for the already sky rocketed prices was the expensive land. The government should work towards reducing the taxes.

Nirmal is a brand reckoned with over 30 years of development in Mumbai. Its sustained development design for Mulund has earned a reputation of bringing the suburb in the forefront of city’s expansion. It has set a leading example of branded lifestyle residences in the country by launching India’s first Sports -lifestyle apartments – US Open Apartments, therefore adopting its philosophy of active lifestyle. It is an ISO 9001:2008 and ISO 14001:2004 certified company that lives to its promise to provide best in quality and design.

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Nirmal Lifestyle

Nirmal is a brand reckoned with over 30 years of development in Mumbai. Its sustained development design for Mulund has earned a reputation of bringing the suburb in the forefront of city’s expansion. It has set a leading example of branded lifestyle residences in the country by launching India’s first Sports -lifestyle apartments - US Open Apartments, therefore adopting its philosophy of active lifestyle. It is an ISO 9001:2008 and ISO 14001:2004 certified company that lives to its promise to provide best in quality and design.

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  • Rahana Zubaidah

    its really good to know about nirmal lifestyle

  • Gulshan

    Superb one.!! Now I think this would be the right time to making investment in
    estate field as the average cost of 2 BHK flats are falling down.

  • Narain

    Being a Mumbai citizen I am really happy after reading this article because soon I am also buying a property near my office and this news has made my day.

  • Vaani rajpoot

    I think this is the right time to make your investment on a right place. Nirmal lifestyle you are doing good work and thanks for this information. I really appreciate it.

  • Sumit

    I am very happy to hear this because I decided to invest through nirmal lifestyle. After reading this page now my happiness is double because I chose right one.

  • sidhant

    Having a house in Mumbai is a biggest task for every person because everyday people come from different city to settle down here and trying hard to get a home in a good location.

  • Rahul Bajaj

    Hello… my name is Rahul bajaj and I am a middle class men and don’t have huge amount for flat now I am planning to buy a flat could anyone suggest the trustworthy builder. Which can provide me good home in my budget???

  • Omesh

    Nirmal Lifestyle has become a brand now in Mumbai and this is a not a easy thing. Nirmal Lifestyle is a biggest developers and trying to make people life luxurious from the past 30 years.

  • Rahul Rathore

    Hi Mr. Rahul I would like to suggest you to if you are looking for a good home at reasonable prices, then nirmal lifestyle is a good option for you. Visit their office once, they will explain you all the schemes I hope you wouldn’t be disappoint by them.

  • Bharat

    I also wanted to buy a property for my family and facing a budget issue for the long time now. This article has given me such a relife now that the price rate of a Nirmal Developers are getting down.

  • Suresh nayak

    I am here to share my experience with nirmal life style. I bought an apartment from them and truly saying I am very much happy with my new flat. The quality of the flat is very nice; the designs are really like a heaven. And one of the best things is their prices are reasonable.

  • shruti mehta

    Before booking a flat with nirmal lifestyle I was worried about the strength or quality of my flat, but when I was visiting there I was amazed they provided me as they promised me. Very thankful to nirmal lifestyle.

  • Rudra kashyap

    The QUALITY of reviews and the QUANTITY of reviews, the FREQUENCY of the reviews leads me to believe that I’m going to the right company. I read many reviews on different sites after that I booked a flat with nirmal lifestyle…

  • Mahesh gupta

    Nirmal lifestyle doing good job for Mumbai citizens, as all the previous projects of nirmal lifestyle, this new project is also very nice and affordable. Everyone see this once. I would like to suggest all property buyers.

  • minal sehrawat

    After heard lots thinks about nirmal lifestyle now I am here to know about this company and their project please tell me this is a reliable company????

  • soniya mathur

    Hello minal I am a previous customer of nirmal lifestyle this is a well known name and they are truly professional and best I am very happy coz they provided me my dream home at very good location at reasonable prices. so this is a good one for you. i would suggest you to visit them at once and clear your all queries.

  • Vikas Ashvin Kumar

    I read this article of nirmal lifestyle after reading now there is hope for me that I can get a deal that I never think before.

  • vihanya kashyap

    I am living in a flat I bought that from nirmal lifestyle I am very happy with my flat because they gave me every facility at very affordable prices.

  • harpreet

    it’s really good to know about the work of nirmal lifestyle for Mumbaikars.

  • anugya

    After saw this article of nirmal lifestyle and visited at the projects, now I have decided to purchase a property with them hope my experience will good with nirmal lifestyle…

  • varun

    Nirmal lifestyle is a truly professional in their work. They know that what is the need of a common man in India and they build as the same that we need in today’s time. The works that they have done all are appreciable from my point of view I just want to say its a good developer .

  • Nandish

    It was like a dream comes true for me. That I bought home from nirmal lifestyle.

    quality brilliantly crafted infrastructure.

    location to good

    prices Satisfactory

    overall good experience.