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Mumbai real estate

Mumbai real estate witnesses new partnership

Mumbai real estate witnesses new partnership
Mumbai has witnessed a new joint partnership – Godrej with Ratnaraj Blesing Milestone to redevelop the Kamgar Swa Sadan Cooperative Housing Society Ltd. in central Mumbai which is situated at Mahadeo Palav Marg, Currey Road. Godrej Projects Development Pvt Ltd will be playing the role of a development manager and will also take care of [...] Continue Reading »

Mumbai real estate market to boom in 2013

Mumbai real estate market to boom in 2013
The year 2013 will be stable for the residential apartments  in Mumbai real estate market. As per the reports, buying plans and demand of residential projects might rise in the coming year. The high prices of land, increased demand and significant increase in construction costs will not witness major correction in 2013. Apart from the [...] Continue Reading »

Indian real estate analysis 2012-2013

Indian real estate analysis 2012-2013
According to a real estate research, 2012 was not a thriving year for the real estate sector and even in 2013 the real estate market is not likely to witness the graph of success. Although there is a steep rise in residential properties, the private equity sector dried up. If the land acquisition bill and [...] Continue Reading »

Mantri Realty to launch 3 housing projects for Rs 750 cr

Mantri Realty to launch 3 housing projects for Rs 750 cr
Bangalore : Real estate developer, Mantri Realty is to develop three new  projects in Maharashtra, Karnataka and Pune with an investment up to Rs 750 crore. The projects will be  launched next year. Sunil Mantri, the chairman of the company said that the Pune project will be a luxury housing project with 2 and 3 BHK apartments [...] Continue Reading »

Expensive apartment deal in Mumbai

Expensive apartment deal in Mumbai
Recently, a duplex flat sized 3,683 sqft on seventh and eight floors of the 28 storey sea facing Samudra Mahal at Worli was sold for Rs 40 crores and Rs 1.10 lakhs per square foot. The 4BHK flat with two car parks was sold to a senior management executive of Citigroup. Previously, another expensive deal [...] Continue Reading »

Mumbai realty unlikely to witness price correction

Mumbai realty unlikely to witness price correction
Mumbai- HDFC said that there wont be any property price correction in Mumbai as the demand for properties are very strong. The real estate demand in Mumbai has always been high. The only real elements that may likely to reduce the prices are the dramatic advancement in making by-laws, which will allow more high rises [...] Continue Reading »

Wadia group coming up with all-in-one residential project

Wadia group coming up with all-in-one residential project
Bombay realty, the real estate arm of Business conglomerate Wadia Group is coming up with its first fully integrated mixed-use project in Mumbai. The project ‘Island City Center’ will be located in Dadar. The project is spread over 29 acres which will host luxury residences, a five-star hotel, offices, serviced apartments, a high street, a mall, an [...] Continue Reading »

FSI hiked for new creation

FSI hiked for new creation
Mumbai- The state government has made it mandatory regarding township projects to create approximately one-fourth of the area for economic activity to boost creation of new economic hubs. Exclusive township projects usually are those when a developer is allowed to create a township as well as offers all the necessary amenities and infrastructure in a composite plot [...] Continue Reading »

Mira Bhayandar Road properties price beyond expectation

Mira Bhayandar Road properties price beyond expectation
Mumbai real estate price is always high but price at Mira Bhayandar is beyond expectation. There was an increase between 15-20 percent in the capital and rental value in this area in the last six months. Both the real estate market and rental market are performing well. The rental value for 1bhk ranges from Rs [...] Continue Reading »

Civic body decides new policy for rooftop eateries

Civic body decides new policy for rooftop eateries
Mumbai- The Brihanmumbai Municipal Corporation (BMC) has decided to give new permits for rooftop eateries to hotels as the concept of rooftop eateries is growing. According to the new policy, the hotels which are planning to have a rooftop eating space need to follow two requirements. The first is that the terrace should be a part [...] Continue Reading »



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