Are Mumbai duplex buyers negotiating more after 36 days on market?

[glass.good]

The Mumbai market looks split rather than uniformly fast or slow. Duplexes I’m watching between ₹84,170,000 and ₹126,300,000 are sitting for about 36 days, but listings with a clear explanation of transaction fees seem to move differently. Is that long enough to negotiate seriously, or still too early? Recent completed-sale examples would help, particularly where the final price differed from the public asking history.

 

[luca.east]

Thirty-six days alone would not persuade me that the seller is ready for a large reduction. Check when the first price cut happened and whether similar duplexes were withdrawn rather than sold. A listing can look stale while the genuinely comparable stock has quietly disappeared. Seller motivation matters more than the headline number of days.

 

[paper.grand]

How tightly are you defining “similar”? Even nearby neighbourhood boundaries can change the comparison, and duplex condition is a major variable. Is the asking history for finished homes, renovation projects, or both? I’d also ask whether your offer depends on financing, because certainty and timing may strengthen a lower bid.

 

[luca.east]

I agree on condition, but I would not dismiss 36 days entirely. If new-listing volume is rising and the seller has already cut once without attracting a buyer, time on market becomes useful leverage. If supply is thin, it means much less. Public asking histories are evidence of seller expectations, not proof of completed value.

 

[nimble_creek]

Before choosing a discount, make a short comparison sheet: exact neighbourhood, condition, first asking price, cut dates, current status, and whether each listing sold or was withdrawn. Then ask the agent what costs are included or excluded and what completion timetable the seller wants. That should reveal whether the best negotiating point is price, fee clarity, financing certainty, or speed.