Mumbai
The Mumbai municipality issued notice to all the owners for payment of the due property tax. And the due date was 31st March, 2012. The notice surprised the owners as many of them were unaware of the due taxes. Lot of the owners purchased the apartments in Mumbai recently and at the time of sale [...] Continue Reading »
As the proportion of sale of real estate properties in Mumbai reduce drastically, the builders are facing a huge crunch for cash inflow. To overcome the situation and to generate momentum in sales, the builders are coming up with different deal options for their unsold properties. Some builders in Mumbai region introduced a new scheme [...] Continue Reading »
The redevelopment of residential project in Chembur Sahakar Nagar will be done by Godrej Properties Limited. According to the redevelopment agreement, GPL will reconstruct 18 residential complexes in Sahakar Nagar, Chembur, Mumbai. 216 residents live in these 18 residential complexes. The proposed construction will develop 2, 2.5 and 3 BHK flats in the present apartment [...] Continue Reading »
The real estate industry is already under tremendous pressure due to high interest rate, increasing input cost and overall low sale ratio. The new concern for the builders in metro cities are the acute shortage of labour. The real estate in Mumbai, Hyderabad, Chennai, Bangalore are hit hard by the shortage of labour. Analysts says [...] Continue Reading »
