Residential apartments in mumbai
Real estate developer, Neev group has launched a premium residential redevelopment housing project ‘Neev Amberwood’ in Andheri West, Mumbai. The group has successfully delivered projects in the Mumbai Metropolitan Region. This project would not only enhance the lifestyle of members, but will also increase the demand of quality homes in the suburbs. Neev Amberwood is [...] Continue Reading »
The residential property market in Mumbai has shown a negative growth of – 9.1 percent by the year ended in March 2012. According to a realty analyst firm, the performance of the sales market in Mumbai real estate has suffered by the global crisis. Though the cost of properties in Mumbai [...] Continue Reading »
Maharashtra Housing and Area Development Authority (MHADA) has planned for a joint venture with private developers to construct residential apartments in Mumbai. MHADA took this decision, as the cost of the properties are rising beyond the reach of the common man and there is a huge difference between demand and supply of residential apartments in [...] Continue Reading »
The real estate market in Mumbai has been affected badly during the slowdown. But in the first three months the sale of apartments has gained momentum in Mumbai real estate market. The registration department has recorded a 37% increase in the sale of residential apartments in the month of March. The rental properties also see [...] Continue Reading »
As the rate of service tax and excise duty has been increased in the budget, the property price in India may not reduce in near future. According to a report, the amendments made by Development Control Regulations (DCR) will increase the project construction costs for builders. The modified rule have revised the calculation of the [...] Continue Reading »
According to the census 2011, more than 4lakh apartments are vacant in Mumbai. According to the experts the vacant apartments proves that the builders are holding those properties expecting a rise in price. The experts also said that all vacant apartment do not indicate that they are unsold. There are many instances that NRI’s bought [...] Continue Reading »
The sale outflow of apartments in Mumbai real estate has slowed down. It is observed that the residential apartment sales in Mumbai has dropped by 28 percent during last 1 hour. Right now Mumbai realty market has plenty of unsold apartments in and around the city. However, in the experts view all the apartments will [...] Continue Reading »
Andheri east is emerging with best residential properties in Mumbai. The area is adjacent to industrial area with IT hub, and the international airport is in close proximity. Though the price appreciation in entire Mumbai is showing a downward trend, Andheri is on the opposite side. A good 34 percent of price hike is observed [...] Continue Reading »
