Mumbai property market
Speculations are on in the property market post the newly elected Modi government declared housing for all by 2020. The low budget housing projects for urban lower income group dwellers to witness a surge is what the industry analysts speculate. However the analysts believe that the fortunes of realty the sector will not change so [...] Continue Reading »
Non Resident Indians from all over the world and especially UAE have their eyes on Mumbai properties. They look at the investments here for long term gains, which is why the commercial hub of India has been upped as the best place to put money into, more than Bangalore says a source. With 31.86 percent [...] Continue Reading »
While exorbitant property price continues to slowdown Mumbai‘s real estate market, the suburbs are providing investment opportunities for buyers. Skyrocketing real estate prices and global economic conditions have badly hit Mumbai’s real estate sector and sales have fallen by nearly 70 per cent. Sales of top 5 real estate players in Mumbai have seen a [...] Continue Reading »
President Prativa Patil declare that the government will propose for a bill to regulate the realty sector. The main aim of this bill will be to make the builders bound to comply public disclosure. The bill should introduce clarity and protect the realty customers right. The bill also says that builders should invest funds for [...] Continue Reading »
The city may soon record the largest transaction for commercial space with Citibank India close to paying approximately Rs 1,000 crore for space in an under-construction building at Bandra-Kurla Complex. Market sources said the bank is believed to be paying Rs 33,000 a square foot for the 3 lakh sq ft office space in the [...] Continue Reading »
