Mumbai
The infrastructure projects of Mumbai which have already been completed this year had major effect on the micro markets adjoining it. The experts have recently mentioned that the financial capital can really see a rise in the prices. Ramesh Nair of COO, Jones Lang LaSalle India, said that homes and offices which are located close [...] Continue Reading »
One of the increasingly preferred property destinations among prospective homebuyers in Mumbai is Kandivali west. Located strategically at the intersection of Mahatma Gandhi Road and Link Road, the Kandivali west locality has made its way to the ‘Top Ten’ most preferred localities for sale in Mumbai, as per leading property website. Despite the fact that [...] Continue Reading »
Mr. U P S Madan, who happens to be the commissioner of The Mumbai Metropolitan Regional Development Authority said that the current corridor which stretches to about a 16.95 kilometres shall be, expanded a little further by 2 kilometres. This happened just after the Chief Minister of Maharashtra; Mr. Prithviraj Chavan, finished inaugurating the last [...] Continue Reading »
There is a joke that Delhiites are well grounded while Mumbaikars fly high. People, who know about the reality of the property market, know that higher the floors go up, the prices rise. Prices for pool facing or sea facing apartments are even higher and Mumbaikars are ready to pay almost double the sum for such [...] Continue Reading »
Recently, it has come to our notice that the developed city of Mumbai has been rated as the top most cities in India on matters of property investments in the UAE. Bangalore comes right after that. This vital piece of information has been derived out of a survey conducted. According to a survey by Sumansa [...] Continue Reading »
In a recent report, the Brihanmumbai Municipal Corporation (BMC) has revealed that civic authorities may demolish parts for a new 21-stoery residential tower in Parel, Mumbai. The demolition of parts of the tower – built by realty developer Isa Enterprises – is seemingly imminent because of certain violations in construction. According to the demolition-related details [...] Continue Reading »
A 9.99% stake was acquired by the Piramal Enterprises in Shriram City Union Finance. During one of the statements to stock exchange, Piramal based in Mumbai has mentioned that it bought a whole lot of shares of Shriram city with a considerable sum allotted for each piece. There was also a marginal discount made by [...] Continue Reading »
There is good news for the real estate market as the banks and financial institutes are keen to lend for commercial and residential projects. Canara bank and Andhra bank and 4 other banks have formed a consortium to lend Rs 890 crore in bank finance to Mumbai based Lodha Builders for its residential project in [...] Continue Reading »
The BMC has efforts underway to demolish Campa Cola’s illegal floors in Mumbai; but a ward-wise survey has revealed that unauthorized additions have been made in 430 other buildings. The unauthorized additions in 430 buildings were identified by the BMC during a recent ward-wise survey which was primarily carried out with the objection of identifying [...] Continue Reading »
The Avenue Venture Real Estate Fund is a private equity firm based in the city of Mumbai. It has recently decided to spend a sum of Rupees 100 crore in Casa Grande which is a Chennai based real estate enterprise. According to the gathered statement, a considerable amount of money has already been used for [...] Continue Reading »
