Real estate trivia: A 1BHK in Mumbai’s Borivali cost ₹25,000 five decades ago, less than a smartphone today
A Borivali apartment that cost ₹25,000 in 1976 now commands nearly ₹56,000 per sq ft, reflecting dramatic real estate price changes over five decades. The average price for apartments in Borivali today ranges from ₹32,000 to ₹35,000 per sq ft, with luxury units reaching up to ₹3 lakh per sq ft. This historical perspective highlights the evolution of Mumbai's real estate market.