Central Mumbai
Once again knocking the doors of politicians after the Supreme Court ordered them to vacate their homes by May 31 are residents of buildings at the Campa Cola compound in central Mumbai. The Supreme Court declined to extend the deadline given to the residents last year, on Monday. The residents of seven buildings which are [...] Continue Reading »
Around five years after Mumbai got its first road bridge over sea between Bandra and Worli in Central Mumbai, the state government has cleared another such proposal. The “sea link” will connect Bandra and Versova in the suburbs. Work has been initiated by the Maharashtra State Road Development Corporation (MSRDC) on the facility. The Maharashtra [...] Continue Reading »
According to CBRE’s bi-annual India Residential Market View report for H2 2013, a slow economic growth, coupled with high property prices and steep interest rates, resulted in feeble demand for housing during the second half of 2013 Mumbai’s housing market remained largely stable, with a slight positive reception in selected premium micro-markets. In comparison to [...] Continue Reading »
Oberoi Realty, one of the renowned real estate developers in Mumbai is likely to invest in a residential project in NCR. The investment would be of small bracket of worth Rs 200 crore. Also, the group has plans of rechecking acquisitions in cities like Hyderabad and Bangalore. It has been confirmed by the company Chairman [...] Continue Reading »
In the Jan-Mar 2013 quarter, Mumbai has witnessed a slow down in the property launches. If sources are to be believed, then it was less than the Oct-Dec 2012 quarter launches which may be due to festivals like Diwali. As per research firm Liases Foras, in the Oct-Dec 2012 quarter, all over India including Mumbai [...] Continue Reading »
Goregaon, once known as a middle class residential locality has now turned as one of the wealthy suburbs in Mumbai. The locality enjoys features like easy accessibility, proximity to the railway line by the Western Express Highway and the Linking Road, making it one of the sought after areas today. Many prominent developers like Oberoi Realty, Sunil [...] Continue Reading »
Lodha Group is all set to achieve a new feat which has not been achieved by any other builder. The group is set to get new sales of over 70% this fiscal year to cross the Rs 10,000 crore mark. The MD of the company has claimed that they have been in the Rs 5,000-6,000 [...] Continue Reading »
ABG Group, a large business group which is based at Mumbai and having its business operations in different parts of the country is planning to sell its plot in Mumbai. ABG group led by Rishi Agarwal is in talks with several real estate developers to sell the two-acre land parcel at Worli in Mumbai. The [...] Continue Reading »
Central Mumbai has been witnessing a rise in price trends higher than the national average. Areas like Worli and Prabhadevi are counted as the costliest locations in Central Mumbai now after the recent real estate trend. As per reports, both the areas are showing good demand and supply in the real estate sector. Both commercial [...] Continue Reading »
One of the renowned developers in India, Lodha Group based in Mumbai recently started with a new scheme projects. An ‘initial public offer’ has been used by the developer to sell apartments at their latest premium project located in Lower Parel in Central Mumbai. The project, which is spread across 17.5 acres called Blue Moon, [...] Continue Reading »
