Vashi
Navi Mumbai: The Kharghar-Kalamboli-Kamothe corridor promises good returns in the time span of 3 – 5 years and is affordable compared to adjucent areas. Lower price range is one the reason for demand of residential units in this corridor. Few years back, real estate in these areas was driven by investors. Today with the growing [...] Continue Reading »
Navi Mumbai: Ulwe is an upcoming name in residential market of Navi Mumbai. The property prices in Ulwe have been increasing in a range of 23- 30% annually from last five years. According to real estate experts, Ulwe is going to be a major real estate destination and a successful planned city in another 5 [...] Continue Reading »
Now, it would not be difficult for commuters to travel from Navi Mumbai till CST as the Central Railway (CR) plans to introduce a direct rail link between CST and Vashi-Panvel via Thane. Currently, due to the mega block between Mankhurd and Vashi/Nerul stations, travellers go to Thane and then change trains on the trans-harbour [...] 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 »
Many localities within Navi Mumbai have become major residential locations over the past few years. Localities such as Vashi, Belapr, Nerul, Khargar etc have all been besought for residential purposes by buyers. Ulwe is the one such locality to witness a surge in residential demand. Infrastructural developments, enhanced connectivity and affordable residential rates are the [...] Continue Reading »
The commercial real estate scenario at Navi Mumbai is robust. Companies have gravitated to Navi Mumbai owing to reasonably priced real estate and well laid out city. Most software companies in Maharashtra have their offices at Navi Mumbai. IT/ ITeS and IT SEZ companies such as Wipro, Capgemini, WNS, CTS, iGate (Patni), etc have their [...] Continue Reading »
A multipurpose building inclusive of library, parking, hall facility and gym was recently inaugurated at Vashi Sector 14 in Mumbai. The building has been planned to serve the residents surviving in the surrounding environment. The multipurpose building construction with excellent facilities is expected to be completed in a span of other two year. A spacious [...] Continue Reading »
The recent news on penalizing the residents who park their vehicles outside on the road did not go well with them. Residents of the apartments in Mumbai and Navi Mumbai are worried about the paying fine. The home minister has plans of penalizing those who park their vehicles beneath flyovers also. Also, residents in Walkeshwar [...] Continue Reading »
Property buyers in Mumbai city are shelling out lakhs of rupees for the properties which do not hold proper documentations. Around 50 residential buildings in the city worth Rs. 750 crore owned by Navi Mumbai Municipal Corporation (NMMC), Maharashtra Industrial Development Corporation (MIDC) and City and Industrial Development Corporation of Maharashtra (CIDCO) have been raised [...] Continue Reading »
Navi Mumbai, that could once boast of offering houses at moderate prices is now burning a hole in a buyer’s pocket. Residents are not happy with the scene. What they want is that the place must go back to its original plan of offering affordable homes. The town witnessed a good housing growth till five [...] Continue Reading »
