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New Residential Projects in Mumbai Experience an Upsurge with Industry Waking up from Slumber

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For sometimes past the real estate industry Mumbai seemed to be in Slumber. Many new residential projects Mumbai have been launched as the industry is waking up. Until recently it seemed as if the Mumbai real estate industry has gone into a slumber. Projects were not coming up and realtors and developers feared to take up new projects as they were not sure about the returns on investments. Buyers seemed to feel that the prices are too high and the properties on sale were not befitting their requirements either. Good news for both sectors is that the industry seems to be getting up from the slumber. That is also why one finds that a number of new residential projects Mumbai are coming up in and around the city known as the Gateway of India. Upcoming Projects in Mumbai Get Impetus Due to Government Initiatives In recent times the Government has taken a lot of initiatives to revitalize the real estate industry in the city and as a result the launching of upcoming projects in Mumbai