Mumbai has emerged as a forefront as far as realty and property prices are concerned. In the recent years a record rise in property prices of Mumbai, has proven that still the properties in Mumbai are giving better return on investment in compare to others cities. Mumbai has developed at a good pace over the past decade and has emerged and recognized as a major residential destination for Mumbai Metropolitan Region (MMR) residents. Residential Property market in Mumbai is finally turning in buyers' favor with increasing inventory levels and weakening prices. On the new residential projects in Mumbai front, the rise in interest cost and decline in net profits during 2013 will compel developers to lighten inventory load and deleverage their balance sheets. The Various industries in Mumbai and in nearby areas have been growing at a very large scale and so is the population of Mumbai. The changing demands and necessities of the individuals, with respect to the housing stuffs has resulted in the building of more of modern and contemporary housing projects in the city.