Mumbai
Airoli, which is located far from the hustle and bustle of city, is now developing as one of the business districts of Navi Mumbai. Even lands are available at an affordable rate at this area which results in high demand for the commercial space which has boost up the real estate market in the area. [...] Continue Reading »
Mumbai- Real estate developers who were not able to rent out malls or facing tough time in building shops is expected to look up after the parliament cleared the foreign direct investment (FDI) in multi-brand retail. According to Jones Lang LaSalle, a real estate consultancy, India has recorded a dropdown in the supply of rental [...] Continue Reading »
Locations like Vasai, Dombivali, Virar are witnessing a slow increase in demand as the demand for affordable housing is shifting to nearby areas like Palghar, Thane. In Palghar, the price of the residential properties ranges from Rs 2,000 to Rs 3,500 per sq ft whereas in Varar, Dombivali and Vasai the price ranges from Rs [...] Continue Reading »
Mumbai- Good news for the residents who have registered for Aadhar card as they don’t need to wait for the cards to be delivered by post. The residents can now go online and download the cards following a simple procedure. Before going to the enrollment center the citizens can take online appointments and they can even download the card [...] Continue Reading »
Mumbai – Residents staying on private forest land have denied to shell out extra money to the government to regularize their flats. After hearing a forest land appeal last week, the Supreme Court Chief Justice asked the court registry to hire a three-judge bench to hear the matter but the appointment is pending for 18 months. Over [...] Continue Reading »
Recently, a duplex flat sized 3,683 sqft on seventh and eight floors of the 28 storey sea facing Samudra Mahal at Worli was sold for Rs 40 crores and Rs 1.10 lakhs per square foot. The 4BHK flat with two car parks was sold to a senior management executive of Citigroup. Previously, another expensive deal [...] Continue Reading »
Mumbai- Growth is expected to continue to be very strong in home loan sector owing to the demand driven by the younger population. Since 50 percent of the Indian population is below 25 years of age and average age of people borrowing loans is 37, in the next 5 to 10 years, there will be [...] Continue Reading »
Mumbai- HDFC said that there wont be any property price correction in Mumbai as the demand for properties are very strong. The real estate demand in Mumbai has always been high. The only real elements that may likely to reduce the prices are the dramatic advancement in making by-laws, which will allow more high rises [...] Continue Reading »
Mumbai-The property rates in Mumbai is touching the sky but if you dream to buy a second home in Mumbai or surrounding areas, then your dreams can come true now as Karjat, a small town in Navi Mumbai is offering affordable housing. The price per square feet of an apartment ranges from Rs 2,200-2,800 per [...] Continue Reading »
A builder was asked to pay compensation of Rs 2 lakh to a couple by the Maharashtra State Consumer Commission for cancelling a booking of a flat. The builder cancelled the booking when the Thane based couple denied to pay Rs 1,000 per square feet which is more than the booking rate. The couple booked a 1,200 sq [...] Continue Reading »
