Residential and commercial buildings are seen from a show home at Lodha Altamount, a luxury residential project developed by Lodha Developers Ltd., in Mumbai, India Photographer: Dhiraj Singh/Bloomberg
Property prices have started falling in Mumbai, India’s costliest real estate market, as developers offer discounts to counter a liquidity crunch aggravated by the pandemic.Prospective homebuyers can bargain for a reduction in prices, besides flexible or deferred payment schedules, BloombergQuint found in its conversations with developers, brokers and consultants.Real estate companies were luring buyers with easy payments and interes...