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property in Mumbai

Mumbai at the top for property investments among NRIs

Mumbai at the top for property investments among NRIs
Recently, it has come to our notice that the developed city of Mumbai has been rated as the top most cities in India on matters of property investments in the UAE. Bangalore comes right after that. This vital piece of information has been derived out of a survey conducted. According to a survey by Sumansa [...] Continue Reading »

City of Mumbai works towards spreading its residential footprints

City of Mumbai works towards spreading its residential footprints
Maharashtra’s Mumbai finally decides to put efforts and increase its residential footprints. Out of the details given by Crisil Research, Ghatkopar micromarket consists of important areas including Ghatkopar, Chembur, Kurla and Vidyavihar. The micromarket is to be responsible for around 3% of the entire supply of homes in the city of Mumbai. Out of this, [...] Continue Reading »

Indiabulls Real Estate Stock Rises

Indiabulls Real Estate Stock Rises
The real estate company’s stock rose by 64% in the last month, since the company’s performance was affected by anticipation of economic development. Goldman Sachs analysts say that better project executions and affordable valuations have made it the preferred stock. Standard Chartered analysts note that there has been a major improvement of main project executions [...] Continue Reading »

Mumbai Metro Set to Change the Face of Realty in the City

Mumbai Metro Set to Change the Face of Realty in the City
When India’s capital was given the Delhi Metro, it completely changed into the fast-paced city that you see today. India’s financial capital is gearing up for a similar change with the forthcoming Versova Andheri-Ghatkopar (VAG) corridor commissioning of the Mumbai Metro. The PPP initiative from a major French transportation company, Veolia, and Reliance Infra is [...] Continue Reading »

Simple Steps for Increasing Rent Rates

Simple Steps for Increasing Rent Rates
Sometimes prime property can give you very low returns, in terms of rent. In such a case, you might find it hard to manage the expenditure for basic upkeep, what with such a low rental return. But you can definitely charge a higher rent rate, only if you keep a few real estate essentials in [...] Continue Reading »

10% stake bought by Piramal in Shriram City

10% stake bought by Piramal in Shriram City
A 9.99% stake was acquired by the Piramal Enterprises in Shriram City Union Finance. During one of the statements to stock exchange, Piramal based in Mumbai has mentioned that it bought a whole lot of shares of Shriram city with a considerable sum allotted for each piece. There was also a marginal discount made by [...] Continue Reading »

Pune Skips Ahead of Mumbai in Property Sales

Pune Skips Ahead of Mumbai in Property Sales
A national survey conducted by Liases Foras, a real estate research firm, revealed that Pune has grown more rapidly in property sales when compared with Mumbai Metropolitan Region (MMR) in the recent times. In the quarter ending April 30, 2014, Pune recorded a 22% rise in property sales when compared to the previous quarter. MMR, [...] Continue Reading »

Mahindra Lifespace gives notice to C&W to sell its Mumbai plot

Mahindra Lifespace gives notice to C&W to sell its Mumbai plot
Mahindra Lifespace Developers Ltd, the real estate arm of Mahindra group has given formal notice to property advisory, Cushman and Wakefield to sell a mill land parcel in Byculla, Mumbai. The five acre plot is expected to raise around Rs 600 crore revenue from the market. The company has currently seen marginally depressed land sales, [...] 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 »

Mumbai to witness drop in property prices; opposite expected in Gurgaon

Mumbai to witness drop in property prices; opposite expected in Gurgaon
Property prices in Mumbai are forecasted to come down due to factors like high prices, lower demand and liquidity issues. Also, at the same time due to no new launches in Gurgaon, prices may go up, as per a report by Bank of America Merill Lynch. As per reports, in last ten years, property prices in Mumbai have [...] Continue Reading »



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