Properties in Mumbai
Godrej Properties has planned to launch 15 new real estate projects across India. The builder will launch all the projects in 2012-13. According to an official of Godrej properties, all these projects will be launched in 12 cities where they have worked earlier. Among the 15 projects, 10 will be constructed in a joint development [...] Continue Reading »
The market is expecting a price correction for the larger township projects in Mumbai, as large inventory involvement in those projects may exert a downward pressure on prices. However, in a recent report by a real estate consulting firm, it is reported that the cost of residential property in Mumbai will start rising in coming [...] Continue Reading »
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 »
The BEST, Power utility company in Mumbai announced its purchase of 300MW additional electricity from Indiabulls Power Ltd. With this deal BEST ensures regular power supply throughout Mumbai. The BEST experts from Mumbai say that the power they are purchasing will be good enough for next 25 years. With the launch of many malls and commercial [...] Continue Reading »
In Mumbai, according to the recent real estate report it was revealed that around 35000 housing sectors is kept unsold! The real estate developers and builders are more worried about the unsold apartments in Mumbai city. The total value of unsold properties in Mumbai is around Rs 8,535 crore and it has been predicted that [...] Continue Reading »
The real estate developers are worried with the properties in Mumbai not be sold kept pending since long time. Even in such a kind of scenario, the property prices are increasing. According to the recent research by Liases Foras, an average apartment in Mumbai costs Rs 2.60 crore. When compared to year 2011, the property [...] Continue Reading »
Now, it’s time for the suburb areas to shine high provided with best of best variety in concern with properties in India. To prove the same, Badlapur is one such suburb area under Mumbai Metropolitan Region (MMR) is growing in a rapid pace. The Badlapur is about 15 kms away from Kalyan in Mumbai city [...] Continue Reading »
The number of unsold flats in Mumbai are increasing day by day. With the increase in the cost of apartments, the rate of sale in reducing. Still the builders are not showing any interest in reducing the cost of the properties. They are hoping for a better price appreciation in future time. It is estimated [...] Continue Reading »
The rates of properties in Mumbai is increasing along with increase in home loan rates. The real estate sector in Mumbai city is alarming with the increase in number of unsold apartments in Mumbai. According to the recent report by real estate research firm, Liases Foras Mumbai has more than 35,000 units of flats and [...] Continue Reading »
It is revealed by a survey that the home buyers in Mumbai are expecting a reduction in the cost of the properties in Mumbai. For coming out from the stagnant situation and to increase the absorption rate, the local builders have started to reduce the cost of the properties. Builders of suburb Mumbai are not [...] Continue Reading »
