India, April 6 -- A Reddit post has sparked renewed discussion on whether Mumbai's real estate prices have stagnated due to factors like job losses in tech and finance, the rising adoption of artificial intelligence, and an increasing number of redevelopment projects, all contributing to a surge in housing inventory.

Users suggest that supply is outpacing demand, prompting developers to offer flexible payment plans, reduced prices, and even indirect discounts such as waived floor rise charges or stamp duty.

"The market is down, layoffs are happening, and AI is changing the job landscape. At the same time, redevelopment projects across Mumbai are on the rise. As a result, both builders and individual sellers are offering discounts, selli...