After facing a lot of opposition from real estate developers, the state government is implemented the affordable housing policy in city, which stipulated that certain portion of the plots will be kept to build low-cost homes free of cost. This amendment was proposed by the urban development department by stating that real estate builders no […]
Author Archive
December 23, 2014 8:44 pm
MHADA is planning to build 2,000 affordable houses in Mumbai
Soon Maharashtra Housing and Area Development Authority (MHADA) is going to build 2,000 affordable houses in Goregaon of Mumbai and for this MHADA will use nine acres of land, located in front of HyperCITY. It can be the exiting opportunity for new buyers or investors because now they can own the home in city in […]
December 22, 2014 7:11 pm
New flats are available in Rs 70 lakh in Borivali, Mumbai
Borivali in Mumbai is one of the suburbs beyond the Western Suburbs that is undergoing re-development. This location is offering the tall buildings of up-to 15 floors, which is giving the beautiful view of the Sanjay Gandhi National Park, but only some residents will get this view. Before two years, State Government relaxed the DCR […]
December 21, 2014 2:42 am
Shahid Kapoor busy making a private Beach Garden
If sources are to be believed then Bollywood actor Shahid Kapoor has recently bought a plush, elegant apartment at ground floor in Juhu, Mumbai. This new house of Shahid is alongside the Juhu beach and is in the same building where Vidya Balan also lives. His new spacious home is at the prime location […]
December 20, 2014 10:16 am
US real estate market: New destination for Indian investors
Indian real estate market is lucrative for investment and attracting the investors, but now Indian investors are also investing in the US real estate market, which is emerging as an attractive investment destination. Indians are showing a lot of interest to buy properties in US, according to property consultant Jones Lang LaSalle (JLL) As per […]
December 19, 2014 11:56 am
Lodha Group has registered the worth Rs 500 crore bookings in 9 days
Lodha Group, the leading real estate developer, seels Rs 500 crore worth flats in just 9days for an ultra luxurious residential project in the metropolis, as the projects was reopened for booking after three years on November 29. Project: World One Tower World One Tower is the iconic project of company, which is 117 storeys […]
December 18, 2014 11:02 am
For low cost home loans, RBI eases rules
The Apex bank of India, RBI has eased the norms to get the fund for low-cost housing by permitting banks and other financial institutions to extend the loans against long-terms bonds of infrastructure. However, earlier Reserve Bank of India barred the lenders from providing the loans against the infrastructure bonds on long term basis by […]
December 17, 2014 12:30 am
In South Mumbai apartment rentals dip by 30 per cent
In last few months it is reported that apartment rentals in South Mumbai, South Delhi have fallen by 20 to 30 per cent. According to property brokers and consultants, the slowdown in the job market and leasing in the commercial office spaces have put the rentals in check. In present owners are finding it difficult […]
December 16, 2014 1:30 am
According to survey, In Mumbai property size is reducing from 2012
Residential property sizes are reducing in all over MMR (Mumbai Metropolitan Region) from last two years because now real estate developers are constructing the small size apartments to target the middle and low income groups and keeping the price factor in mind. From 2012 to till now property size has decreased by 8 per cent […]
December 15, 2014 7:44 am
Prices of property in Mumbai city is about to correct by up to 20 per cent
While management of the inventory level and rising demand from home buyers may end with the decline in the rates of the property in Mumbai. In Mumbai Metropolitan Region (MMR) the property prices can fall by 20 per cent in next few months. According to recent study conducted by ASK, “The demand of housing in […]