Realty market in Mumbai
Price correction is apparently on the cards for Mumbai’s resale property market; with trends governing the real estate market having been deciphered by realty experts and investors ahead of the formation of the new Government in India. Despite the fact that the realty market in Mumbai is a dynamic one, transaction volumes in the city’s [...] Continue Reading »
The buying and leasing transactions in the commercial real estate market in India remained slow for the first quarter ended on March 31 of the calendar year 2012. This reduction is due to the weak domestic macroeconomic indicators and cautious sentiments among Indian corporates and financial institutions. The companies also hold their buying decision as [...] Continue Reading »
The Maharashtra legislative assembly has introduced the new proposal for the real estate regulatory bill. The builders association in Maharashtra think that the bill will not help any of the builders or the buyers of properties in Mumbai. According to several assembly members, the bill needs more discussion before passing it for an act. The [...] Continue Reading »
After the amendment made by the state government in Maharashtra, a large number of real estate projects went into hold for the time being. As new projects are stuck in red tape, the real estate sector facing a cash crunch . As approvals for new projects are not coming up, the cash flow for the [...] Continue Reading »
The Mumbai Police rescued a real estate broker from the boot of a car. Police said the real estate agent took money from the persons who abducted him, but failed to provide the apartments in time. The Broker named Samit Ghangale thanked the Mumbai police for saving his life. He also added that he had [...] Continue Reading »
Due to the cash crunch in the real estate market, the builders are coming up with new option to sell their projects. As the sales in real estate market is considerably low, the cash flow also reduced. It is not easy of getting bank loans now a days for the builders. To enhance the cash [...] Continue Reading »
The fluctuating realty market in Mumbai had pulled down the residential and commercial sales. However, now its time for generating the sales! By the second half of the year 2012, the residential property market will commence with its recovery. Real estate experts have predicted price fall of interest rates by th second half of the [...] Continue Reading »
