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properties for sale in Mumbai

Residential real estate to witness price correction soon

Residential real estate to witness price correction soon
Real estate firms have forecasted that in near future, a correction in housing market can be witnessed. This can be due to drop in property sales in past 12 months. In December, rates of properties for sale in Mumbai was bit less while price growth in other Indian cities slowed. According to property research firm, [...] Continue Reading »

Unchanged rates will slow down realty growth: Developers

Unchanged rates will slow down realty growth: Developers
Reserve Bank of India holding on policy rates can put more stress on real estate market, says real estate developers. RBI should have cut down the rates as the growth rate is coming down and industry and government is also calling for a rate cut. Lalit Kumar Jain, national president of Confederation of Real Estate [...] Continue Reading »

Office space in Mumbai sold for Rs 425 crore

Office space in Mumbai sold for Rs 425 crore
One of India’s largest textile firms, Alok Industries has sold its eight floors in an office building in Mumbai’s Lower Parel area. Alok Industries sold around 252,000 sq. ft of prime office space in tower B of the Peninsula Business Park at a cost of Rs 425 crore. Alok Industries took the decision to reduce [...] Continue Reading »



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