Mumbai
Airoli, which is located far from the hustle and bustle of city, is now developing as one of the business districts of Navi Mumbai. Even lands are available at an affordable rate at this area which results in high demand for the commercial space which has boost up the real estate market in the area. [...] Continue Reading »
Mumbai- Real estate developers who were not able to rent out malls or facing tough time in building shops is expected to look up after the parliament cleared the foreign direct investment (FDI) in multi-brand retail. According to Jones Lang LaSalle, a real estate consultancy, India has recorded a dropdown in the supply of rental [...] Continue Reading »
Locations like Vasai, Dombivali, Virar are witnessing a slow increase in demand as the demand for affordable housing is shifting to nearby areas like Palghar, Thane. In Palghar, the price of the residential properties ranges from Rs 2,000 to Rs 3,500 per sq ft whereas in Varar, Dombivali and Vasai the price ranges from Rs [...] Continue Reading »
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 »
Mumbai – Residents staying on private forest land have denied to shell out extra money to the government to regularize their flats. After hearing a forest land appeal last week, the Supreme Court Chief Justice asked the court registry to hire a three-judge bench to hear the matter but the appointment is pending for 18 months. Over [...] Continue Reading »
Mumbai- Growth is expected to continue to be very strong in home loan sector owing to the demand driven by the younger population. Since 50 percent of the Indian population is below 25 years of age and average age of people borrowing loans is 37, in the next 5 to 10 years, there will be [...] Continue Reading »
Kotak Securities (KS), the stock broking and distribution arm of the Kotak Mahindra Group, reports that demand for cement would grow by 8 percent during FY13 and due to slow growth of capacity additions, capacity utilizations would be improving further. The research firm states that being driven by festive season, labor scarcity and also non-availability of [...] Continue Reading »
Ahmedabad – The largest city of Gujarat which has emerged as a residential hub from trading place, is now truly an example of continuous growth in the the year 2012. As a property consultant, Prakash Jain observes the growth is mainly due to the developing retail and industrial sectors in the city. There is an [...] Continue Reading »
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 »
Mumbai-The property rates in Mumbai is touching the sky but if you dream to buy a second home in Mumbai or surrounding areas, then your dreams can come true now as Karjat, a small town in Navi Mumbai is offering affordable housing. The price per square feet of an apartment ranges from Rs 2,200-2,800 per [...] Continue Reading »
