Kalyan
The flagship firm of Harsh Goenka’s RPG Group, KEC International, has put a seven-acre plot in Thane on the block. As per sources the plot is likely to be purchased by Tata Housing for 210 crore, previously housing its cable manufacturing facility. A person close to the development said, for the last three months, the [...] Continue Reading »
With the infrastructure development booming in Mumbai, the apex financial institute, World Bank shows interest in financing two mega projects in Mumbai. The projects include the Virar-Alibaug road-rail corridor and the development of 12 urban growth centres as satellite cities of Mumbai. The growth centres are planned in distant suburbs of Mumbai such as Kalyan, [...] Continue Reading »
Titwala which is a small town located near Kalyan, Thane is fast growing as an affordable real estate destination. The locality offers 1 BHK apartments at a minimal cost of Rs 17 lakh. The area has witnessed 100% price appreciation in the last three years and the apartments in Titwala today cost double at what [...] Continue Reading »
The number of unsold homes in Mumbai and Delhi is increasing and these homes do require minimum of three to four years to be sold. A recent study by Liases Foras, a real estate rating and research consultant firm says that it takes at least three years to clear 1.13 lakh units or 120 million [...] Continue Reading »
When compared to previous three years, Mumbai being a hot realty spot in India has witnessed 100 percent fall in real estate sector. The burnt of this fall has hit the property investors who buy property only for the investment purpose. Real estate experts say that the real estate returns have diminished by 50 percent [...] Continue Reading »
