Mumbai real estate
The MCHI Credai property exhibition, which spreads across 200,000 feet of land, will be held from April 11 to 14, 2013 at MMRDA Grounds. This is the 21st Real estate and Housing Finance Exhibition, where home buyers are welcomed and make the decision on home buying. The developers is going to showcase 12,000 plus properties spread [...] Continue Reading »
Godrej Properties, one of the renowned names in Mumbai real estate, has jointly ventured in a project in Undri, Pune. The group is planning to develop a 1.5 million sq. ft residential project in Pune. On April 1, 2013, the company entered into a new joint venture project in Undri, Pune. The project site spreads over 31 acres [...] Continue Reading »
Ahmedabad- Mumbai based leading realty firm Godrej Properties has sold 150 apartments in just three days of launch of its affordable housing project “Godrej Garden City”in Ahmedabad. The company is also planning to open bookings for fifth phase of the same project on April 1, 2013. It expects a good response from this move. The [...] Continue Reading »
Kolkata – The recent Union Budget 2013 has proposed deduction in tax on home loan upto Rs 25 lakh which has brought cheer to home buyers, especially in Kolkata, as compared to any other major metro cities. One can claim the deduction at tax only if the loan amount is less than Rs 25 lakh. [...] Continue Reading »
The 40% of government leases of the plots in Mumbai have expired long back, some as far back as the 1950s. Of the 1,282 plots leased, the lease of 532 plots had expired and the government has not bothered to renew it. 51.66 lakh sq mt of leased land situated in South Mumbai is fetching [...] Continue Reading »
Developers from small cities are eying on the real estate sector of Mumbai. Mumbai real estate has been rising in recent times, though it is known as one of the toughest property markets owing to difficult building regulations, shortage of land and high prices. Builders from Kolkata, Pune and Bangalore are entering into Mumbai real [...] Continue Reading »
Larsen & Toubro has recently launched a project L&T Emerald Isle at Powai. The project got good response and nearly 300 apartments were sold. The project was open to the public on January 31 at 15,500-19,000 per sq ft. The booking was closed in three days and the project may re-open soon but likely with [...] Continue Reading »
A new residential township has been decided by industrialist Mukesh Ambani and his close aide Anand Jain to be launched in Navi Mumbai in the next four months. The township in Navi Mumbai has been planned after the state government’s recent approval of industrial policy which allows corporate firms, who had acquired land under the [...] Continue Reading »
The state telecom Mahanagar Telephone Nigam (MTNL) has mandated a consortium led by the global real advisory firm DTZ to unlock roughly Rs 5000 crore from the land holdings in Mumbai and Delhi. The company also said that the land can be given for sale, lease and redevelopment through public-private partnership as a part of [...] Continue Reading »
Mumbai- The Mumbai realty market has just blinked after four years of rigorous high prices midst sluggish sales, crippling liquidity crunch and rising cost of capital. About three popular developers have either cut down their prices by about Rs. 2250 to Rs. 5,000, or have initiated flexible pricing of a single project or have launched innovative schemes to [...] Continue Reading »
