Mumbai
The esteemed and very well known Bombay high court on Tuesday was under fire when it gave out its reasons for rejecting the interim relief to Mumbai based lawyer who wanted to stop a buyer from making inroads into a posh flat in south Mumbai, Colaba. The HC vacation was moved when advocate Rajiv Bhatia [...] Continue Reading »
The Public Works Department (PWD) has recently placed a formal proposal before the Maharashtra state government for buying back 30 two-lane toll roads across the state. The toll roads which have been considered in the proposal essentially include those roads where only up to 3 years of toll collection have been left. If the ‘toll [...] Continue Reading »
Since property values are touching new highs in major localities of Mumbai, the suburb areas are coming up as promising investment options within affordable budgets. The plots in the area are of varying sizes, starting from 1,000 sq ft. The value quoted is Rs 450 per sq ft. Being a freehold plotted development, the buyer [...] Continue Reading »
Including major realty players, have evinced interest in the Maharashtra Housing and Area Development Authority (MHADA) plan to create a panel of builders for reconstructing its colonies in Mumbai by over 200 developers. Some of the notable names are Tata Housing, Godrej Properties, DB Realty, Kalpataru Group, Lodha Developers, SD Corporation (an affiliate of Shapoorji [...] Continue Reading »
This year, the exhibition is being organised on national and international level. will be organising ‘Property Show 2014‘ from May 23 to May 25 at Dongre Vasatigruha will be organised by The Confederation of Real Estate Developers’ Association of India (CREDAI). “This exhibition will have information about properties ranging from Rs 15 lakh to Rs [...] Continue Reading »
According to global realty consultancy Jones Lang Lasalle latest research report ‘Offices 2020,in Mumbai, About 15,000 acres of land will be available for redevelopment which in turn will increase the potential accessibility of quality new supply in the city, Mapping The Future Of The Mumbai Office Market. It added, in Mumbai grade an office supply [...] Continue Reading »
With expansion apparently on the horizon for India’s affordable and low-income housing sector, which presently has a shortfall of approximately 5-6 million homes, some bigwig real estate-focused private equity (PE) funds are planning to make investments in the sector. A possible investment in India’s low-income housing sector in 2014 is an option that is being [...] Continue Reading »
With a contribution of approximately 5 percent to India’s total GDP, Mumbai – the ‘Maximum City’ – is a dynamic metropolitan which is expected to witness further growth in the coming 7-year period. Mumbai’s growth over the next few years will largely be driven by the fact that the city’s prominent growth sectors – including [...] Continue Reading »
In a recent interview with StartupCentral, CommonFloor CEO Sumit Jain talked about Flat.to — the property listings platform which CommonFloor acquired last week. Flat.to is a property listings platform which focuses primarily on students and single professionals; and its acquisition marks the first takeover for the 2007-founded CommonFloor. With CommonFloor – co-founded by Sumit Jain, [...] Continue Reading »
In the past few weeks a slew of land deals for property firms in the city have brought in a mixed bag of results. Even as the bigger, cash-rich firms are raking in the moolah, quite a few others in the face of an economic downturn are still struggling with slow sales and delayed projects. [...] Continue Reading »
