Here comes a shot in the arm of housing sector with none other than Maharashtra Chief Minister Prithviraj Chavan stating that the state government will ensure that middle income group people are able to afford their own houses. Speaking after unfurling the tricolour at the Mantralaya here to mark the 68th Independence Day, the Chief […]
Mumbai Archive
August 16, 2014 11:28 pm
Industrial units turning into plush residential towers
Faced with depleting revenues due to the economic slowdown and rising inflation, industrial units around Mumbai, Thane, Pimpri Chinchwad are diversifying into the real estate business to develop additional sources of income. Many companies are converting their land holdings from industrial to residential purposes. For example, so far the Pimpri Chinchwad Municipal Corporation has converted […]
August 10, 2014 5:56 am
Online media knocks print out of realty sector
Digital technology has touched every part of our life. So how can the multi-billion dollar realty sector remain untouched by it? Right from setting up branded YouTube channel that showcase walkthroughs of upcoming projects, to hiring social media marketing firms, real estate players such as Godrej Properties, Tata Housing and Adani are joining the digital […]
August 7, 2014 3:20 am
RBI keeps interest rates unchanged…
Reserve Bank of India (RBI) left key interest rates intact as previous in its 3rd bi-monthly monetary policy review, so the EMIs (equated monthly installments) for automobile, home and other loans would remain unchanged. Several sectors such as; real estate, automobiles and other have been struggling to keep up sales or profit due to high […]
July 25, 2014 10:24 am
Preferences of US NRIs in Indian Realty
US NRIs have been always keen on investment in their home country. The demand for Indian real estate is estimated to be 25-30 lakh. However, it is not the same case in all the Indian cities. There are end users who want to invest in some specific cities for their families preferences as well as […]
July 18, 2014 4:52 am
MHADA to free more space for putting roof over Mumbaikars!
Expect residential properties in Mumbai-Thane to come within your reach soon! The Maharashtra Housing and Area Development Authority (MHADA) has chalked out a comprehensive joint venture plan with private land owners as well as real estate developers in Mumbai and the rest of Maharashtra to make more land available for construction of affordable homes for […]
June 16, 2014 8:54 am
Checklist for Selling Property
Real estate trades are no doubt a huge task, but sometimes it becomes more disturbing due to our own lack of planning. While planning to sell your property even if for the first time, you may want to stay one step ahead. It is better to have a checklist beforehand to avoid any mistakes. Following […]
June 6, 2014 5:14 am
Mumbai’s real estate industry expects Modi to lower property rates
In the previous years due to highly quoted prices, Mumbai real estate industry had to go through slow down in sales and responses. Several projects were left incomplete due to lack of environment clearance, disputed lands, incomplete approval from authorities, and very often builders were lacking financial support. With the win of Modi led BJP […]
May 30, 2014 3:05 am
House for Each Family by 2022 – Modi Government’s Target
On its 75th Independence Day every Indian should have a house for their family by 2022 – A dream of Modi government for its countrymen. But how feasible it is for this new government to meets its ambitious housing target? That time will only tell. To accomplish this dream government had already set initiatives of […]
May 10, 2014 8:48 am
How much you know about stamp duty?
One of the most important financial decisions you will take in your life is purchasing a house and paying stamp duty is very common practice in purchase dealings. A buyer is responsible for the stamp duty. Always make sure that, in any case, stamp duty should not be bought in the name of a party/person […]