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Powai

Mumbai: Demand for plush rental apartments on the decline

Mumbai: Demand for plush rental apartments on the decline
In Mumbai, owners of premium apartments in the south, central and western suburbs are finding it increasingly difficult to rent out their apartments because there are not many takers for these dwelling units. The demand for plush rental apartments in the mentioned areas has apparently been on the decline of late; thanks to the lacklustre [...] Continue Reading »

IT searches Hiranandani group in Mumbai, other places

IT searches Hiranandani group in Mumbai, other places
Searches were conducted at 20 locations of real estate major Hiranandani group in Mumbai and other cities by the Income Tax department in connection with alleged tax evasion. People from the Income Tax department who are aware of the developments are saying that the simultaneous searches had been conducted at many locations of the group [...] Continue Reading »

Hiranandani real estate heiress fights dad, brother for share of Rs. 3,000 Crore fortune

Hiranandani real estate heiress fights dad, brother for share of Rs. 3,000 Crore fortune
Niranjan Hiranandani, the real estate tycoon who created the eponymous enclave in Mumbai’s Powai area is fighting with his daughter Priya Vandrevala, a self-confessed rebel, for a property worth at least Rs. 3,000 crore. Hiranandani and his son Darshan last month fired latest round, when they moved to the Bombay High Court to restrain Priya’s company, Hiranandani Living, [...] Continue Reading »

84 HIG flats to be kept out of lottery by MHADA

84 HIG flats to be kept out of lottery by MHADA
Maharashtra Housing and Area Development Authority (MHADA) has kept aside about 84 low-cost homes in Powai being built for the higher-income group (HIG) which had been set up with the intention of providing affordable housing for the public. The purchase price of these flats is well over a crore. The Authority is considering to allot [...] Continue Reading »

Kanjur Marg: Upcoming suburb in Mumbai offering Budget Housing

Kanjur Marg: Upcoming suburb in Mumbai offering Budget Housing
Mumbai: Kanjur Marg is an upcoming destination for the affordable housing seekers in Mumbai.  This suburb lies in between Vikhroli and Bhandup. It is generating good employment opportunities and has commercial spaces like Damji Shamji Business Galleria in Kanjurmarg West. Damji Shamji Business Galleria is fully air-conditioned, has retail as well as commercial spaces making [...] Continue Reading »

Real Estate future of Jogeshwari-Goregaon East corridor

Real Estate future of Jogeshwari-Goregaon East corridor
Mumbai: Ghatkopar East and Jogeshwari East are old and well-developed suburbs of Mumbai. Earlier they use to attract only the mid income segment, but due to the improved connectivity with the premium localities like Andheri and Powai , this stretch is creating interest among the luxury segment also. Connectivity: The Jogeshwari-Goregaon east corridor has a [...] Continue Reading »

New property launches in Mumbai slowed down

New property launches in Mumbai slowed down
In the Jan-Mar 2013 quarter, Mumbai has witnessed a slow down in the property launches. If sources are to be believed, then it was less than the Oct-Dec 2012 quarter launches which may be due to festivals like Diwali. As per research firm Liases Foras, in the Oct-Dec 2012 quarter, all over India including Mumbai [...] Continue Reading »

Apartments in Powai witness rental rates hike

Apartments in Powai witness rental rates hike
Powai, one of the greenest regions in Mumbai has been on everyone’s dream homes list lately. The reason is this locality is well connected to all other areas in the vicinity and all the civic amenities equally available. Situated near the Powai lake, it has become one of the sought after localities. Due to which, [...] Continue Reading »

Larsen & Toubro launches Emerald Isle at Powai

Larsen & Toubro launches Emerald Isle at Powai
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 »

Kurla in Mumbai witnesses more property development

Kurla in Mumbai witnesses more property development
There have been more number of constructions and property developments in Kurla in Mumbai in recent times. One of the suburbans in Mumbai which was previously known for congestion, make-shift garages, small stores for industrial spare-parts and slums has now transformed into one of the hot spots for realty development. Properties in Kurla are being [...] Continue Reading »



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