Apartments in Mumbai
The reality of real estate in Mumbai is covered by high prices, low rentals, no absorption, falling demand and an overheated market. The demand and absorption rate of office space in Mumbai is sluggish for a long time. Though there are few high scale of sale is happening in the office space section, the overall [...] Continue Reading »
Rich customers with posh homes in Delhi, or Rs 50 crore apartments in Mumbai, luxury is no longer just about indulging in decorating the living room or bedroom. They are investing a large amount of money for decorating their bathrooms as well. Rich clients with a luxurious apartment are also willing to spend up to [...] Continue Reading »
More than 2500 people will get their affordable homes in Mumbai. A total of 1.5 lakh people had applied for 867 houses in Mumbai and 1,726 houses in Mira Road. Flat winners will have to pay 3.09% as VAT and 1% as service tax in addition to the cost of the house. The Maharashtra Housing [...] Continue Reading »
Radhe Krishna housing society in Sanpada has banned pet dogs in the apartment. There are residents in the apartment who had taken a flat on rent, but were unaware that pet dogs are not allowed there. Those residents who have pet dogs were given notice by the society to vacate the flat within a month. [...] Continue Reading »
The western suburb of Mira Road is developing quickly and is one of the most sought-after residential destinations for its good connectivity and affordability. The cost of homes in apartments in Mira Road with G+ 5 storeys and without too many amenities is between Rs 4,000 and 4,500 per sq ft. The cost of homes [...] Continue Reading »
Under the MHADA housing scheme, the state government provides low cost and affordable flats in Mumbai to those who have not been able to buy a flat despite residing in Mumbai for years. The Government has claimed that allotment of flats under the Maharashtra Housing and Area Development Authority‘s (MHADA) scheme were done in a [...] Continue Reading »
The size of Mumbai is increasing. According to 1991 development plan, the size of the city was 437.71 sq km. While at the latest city plan it is observed that the area of the city has been increased to 457.17 sq km. This increase happened due to the change in definition of the open spaces. [...] Continue Reading »
The residential projects in Mumbai has started getting approval for their constructions. Recently a luxurious residential project in central Mumbai got the approvals needed to start construction. The project was launched by India bulls Real Estate Ltd. The builders and developers in Mumbai are now hopeful that project launches will resume in Mumbai, after a [...] Continue Reading »
The residential property market in Mumbai has shown a negative growth of – 9.1 percent by the year ended in March 2012. According to a realty analyst firm, the performance of the sales market in Mumbai real estate has suffered by the global crisis. Though the cost of properties in Mumbai [...] Continue Reading »
