Mumbai homeowner takes 15 months to sell 513 sq ft 2BHK for ₹2.19 crore; says 'it's a buyers' market
A Mumbai homeowner sold his 513 sq ft 2BHK in Vile Parle East for ₹2.19 crore after 15 months on the market, reflecting current buyer behavior in a challenging real estate environment. The seller noted that the transaction was influenced more by the buyer's familiarity with the locality than by competitive bidding, indicating a shift towards a buyers' market. Despite multiple inquiries, only three serious offers were made, underscoring the gap between buyer interest and transaction readiness in the premium residential sector.