real estate mumbai
Recent surveys say that, the investment in Indian market from past few years are not attractive at all. The three top real estate cities, Bangalore, Mumbai Delhi have slipped from there places to 19th, 20th and 21st positions respectively in the list of 22 investment destinations in the Asia Pacific region. This three cities were [...] Continue Reading »
Citibank, the leading foreign bank had put a flat for sale in 2008 in Malabar Hill‘s IL Palazzo building and Vinod Khanna, bollywood actor was the highest bidder with a record bid of Rs 1.20 lakh a sq ft for the 2,550 sq ft flat. But the actor did not go through the flat at that time. [...] Continue Reading »
New Delhi- In a recent announcement made by Agro-chemical firm, Bayer CropScience said that they had sold their property for Rs. 1,250 crore to Agile Real Estate at Thane in Maharashtra. Both the firms had entered into an agreement in March 2011 regarding the sale of the land and the building. About 520 crore were given by Agile as [...] Continue Reading »
The property price in Mumbai is touching the sky and it has become impossible for home buyers to even think of buying a property in Mumbai. However, there is an area called Badlapur where affordable houses are available in the range of Rs 17-30 lakh. The area is witnessing a huge demand because of affordable housing. [...] Continue Reading »
In order to generate more revenue to fund infrastructure projects in Mumbai and other areas, Mumbai Metropolitan Region Development Authority (MMRDA) has sold land parcels in the Bandra-Kurla Complex (BKC) and Wadala. Over Rs 70,000 crore expected towards infrastructure projects in the next decade, the projects is in urgent need for alternate sources of revenue [...] Continue Reading »
Villa Montana is a community of select Bali-style villas in Karjat, Mumbai. The villas are vibrant with all the ingredients of a luxurious lifestyle – adorned with picturesque mountain tops, crisp, clean air, distinctive architectural design and the best of amenities. Developed by Artha, the project offers 100 Bali style cottages ranging from 1,307 to [...] Continue Reading »
The Competition Commission of India (CCI), is putting around 70 real estate developers in the country under scanner. The developers include big players like Unitech, Parsvnath Developers and Omaxe and several big builders in Mumbai. All these developers’ action for entering into one-sided agreements with buyers and for allegedly colluding with each other have been [...] Continue Reading »
Vasai located in western suburbs of Mumbai is an emerging real estate centre with demand and supply of both residential and commercial sectors are on a rise in the vicinity. The suburb’s connectivity to Mumbai central business districts (CBD) and availability of affordable capital value apartments drive the demand in the area. There has been [...] Continue Reading »
Mumbai’s economy has been hurt by an unregulated, hyper inflated and speculative real estate, which in turn would have its effect on the country’s economy. The astronomical property prices are driving new businesses and expansion of existing ones away to other cities. The cost of acquisition of a facility to run business is very high [...] Continue Reading »
Despite a slowdown in the real estate sector, Mumbai – based Lakshachandi Realty has stated that it expects a 25 per cent increase in revenue in the current fiscal. The company identifies their success is due to timely execution of its projects. The realty firm had earned revenues of Rs 250 crore in the last [...] Continue Reading »
