March 16th, 2008
It Parks Of Mumbai
Efficient and low-cost telecommunication infrastructure and ample skilled manpower are the key positives for Mumbai to be an ideal IT destination of India. Setting up of new IT/ITES Parks further boosts the property values in Mumbai.
When it comes to property trends in India, Mumbai leads from the front. The real estate values in Mumbai also influence investments in the commercial sector, particularly IT/ITES.
Nevertheless, the residential real estate too has derived benefit from the growth of IT industry in Mumbai. Many big real estate developers are coming up with townships to cater to the soaring demand driven by the IT professionals serving in the city.