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Property market in Mumbai

Property market yet to experience the actual surge in demand

Property market yet to experience the actual surge in demand
Speculations are on in the property market post the newly elected Modi government declared housing for all by 2020. The low budget housing projects for urban lower income group dwellers to witness a surge is what the industry analysts speculate. However the analysts believe that the fortunes of realty the sector will not change so [...] Continue Reading »

Reality of Bandra Kurla Complex

Reality of Bandra Kurla Complex
Bandra Kurla Complex was created by MMRDA as an alternate commercial destination to Mumbai. Till now BKC has grown as a commercial real estate destination and real estate projects lined up in the region. Currently, BKC has a total stock of 8 million square feet of office space. And an additional supply of 2.5 million [...] Continue Reading »

Sales of apartments increased in Mumbai

Sales of apartments increased in Mumbai
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 »

Sales of apartments in Mumbai reduced in 2011

Sales of apartments in Mumbai reduced in 2011
Though the real estate market in India saw a good rate of sales of apartments in 2011, the property market in Mumbai witnessed a downfall in property sale. The major reasons of less number of sale of apartments in Mumbai are the high price of apartments. On the other hand the demand for new apartments [...] Continue Reading »

High demand for office space in Bangalore

High demand for office space in Bangalore
Bangalore is called the silicon valley for the IT industry in India. The demand for office space is increasing rapidly in Bangalore. A demand for 3.6 million sq. ft. office space in recorded in the first quarter of 2012. According to a research agency, the demand for office space in the country has been reduced, [...] Continue Reading »

MSREI invested 450 crore on Mumbai real estate

MSREI invested 450 crore on Mumbai real estate
Sheth Developers Pvt. Ltd. in Mumbai finalized the deal with Morgan Stanley Real Estate Investing, (MSREI) for an investment of Rs 450 Crore. Sheth developers will invest the amount for theirupcoming project in suburban Andheri area. The builder is expecting to generate revenue up to Rs 3500 crore in next couple of years from the [...] Continue Reading »

Mumbai Suburb too becoming increasingly Unaffordable

Mumbai Suburb too becoming increasingly Unaffordable
The Mumbai suburb too is becoming increasingly unaffordable. Recently, a 950-sqft, 2-BHK flat in Vashi’s sector 17, is now selling for a record sum of Rs 1.21 crore. Another apartment in the same locale, that a broker sold for Rs 82 lakh even six months ago, is now on sale at an asking price of [...] Continue Reading »



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