Projects in Mumbai
The developers associations in Mumbai are not expecting any price cut for the properties in Mumbai. Due to the slow approval process, high input cost and the higher lending rate of funds, it is not possible for the developers to reduce the cost of properties in Mumbai. The association of builders (CREDAI and MHCI) are [...] Continue Reading »
Mumbai’s residential home sales recovered from a three-year low in the quarter ended in March. This increment in sales happened as several new projects in Mumbai were launched during the period. Now a days, Mumbai is India’s most expensive property market. Still the number of unsold apartments are much higher in Mumbai real estate market. [...] Continue Reading »
The Singapore government’s sovereign fund GIC will invest into Bandra-Kurla Complex project by Godrej Properties. More than $100 million will be invested into the project. Godrej Properties will construct the project over 2.5 acre BCK land with a joint development agreement with Jet Airways. Godrej Property also planning to sell a stack in the project [...] Continue Reading »
Equinox Realty, a subsidiary of Essar Group real estate company, planned to invest Rs 600 crore in its Bangalore Project. Water’s Edge is the housing project in Bangalore. The project will be constructed by L&T, with a total built-up-area of about 2 million square feet. The residential project will construct apartments with flat size between [...] Continue Reading »
A recent study has revealed the investment scenario of Mumbai. It is being recorded that since 2005 only Rs 15305 crore has been invested for basic civic projects. The report also states that Mumbai require additional investment of Rs 27500 crore to finish all the civic projects. All the major investments made on land and [...] Continue Reading »
As the inflow of population towards Mumbai is increasing day by day, it is became harder for finding a home. The congestion of the city is increasing every day leading to space scarcity for the blue collared people. For those who are accommodating in rental houses has to search for new apartments almost after every [...] Continue Reading »
There are no limitations for premier luxury living and its experience! In the world’s tallest residential project, named The World Towers, an exclusively designed sample apartment unit was showcased recently which was designed by Italian couturier Giorgio Armani. The apartment is worth Rs 50 crore and is located in Central Mumbai. The project is promoted [...] Continue Reading »
Mumbai developers and investors are eying on the the city’s slums as opportunity. The city is witnessing a shortage of land as the population and demand for housing rises. Due to these reasons, slums are the only places left which have the land in abundant. Many builders and investors have shown interest in redeveloping slum [...] Continue Reading »
With so much happening in real estate, some developers look for an opportunity to make it big in the market. Due to heavy debts, many developers are selling off their pet projects. The rich developers grab this opportunity by getting a good deal out of it. Developers like Sunteck Realty, Ajay Piramal Group, Peninsula Land, [...] Continue Reading »
