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New Delhi: India particularly, Mumbai and New Delhi are the foremost real estate market destinations,a recent study has shown. The ULI-PwC report titled ‘Emerging trends in Real Estate ® Asia Pacific 2011’, which surveys comments from 150 industry leaders across the Asia Pacific region, ranks. The survey brings to light the fact that residential real estate properties in Mumbai continue to maintain the growth momentum, as foreign investors still consider this market to be extremely viable. The survey ranks Mumbai at the third position, two notches higher than its previous position. The development potential for real estate remains vibrant and promising in Mumbai due to buying opportunities in retail, apartment and industrial sectors. Commenting on Mumbai’s favourable ranking, Jai Mavani, Executive Director - Real Estate and Infrastructure- Tax & Regulatory Practice, PwC India said: “India continues to enjoy a significant demographic dividend by virtue of millions of additi...