With a view to develop an alternative to Bandra Kurla complex in the eastern part of Mumbai Metropolitan region, the Mumbai Metropolitan Regional Development Authority (MMRDA) had planned another ‘Bandra-Kurla Complex-like Business Growth Centre (BGC)’ for Dombivli. The proposal is lying with the state government. Once the proposal is accepted, the project will take off. […]
Real estate Archive
October 16, 2014 12:30 am
Extra costs, if planning to buy a home
If you are planning to buy home through bank loan, or your savings than make sure you are fully aware about the extra costs, which also known as hidden costs. These extra costs can be bit heavy on your budget and can increase the overall cost of property. If first time you are going to […]
October 15, 2014 12:30 am
New property tax system of BMC, is gain for Chembur and Andheri
Now residents of Chembur and Andheri East can look forward because of revised property tax system of the BMC (Brihanmumbai Municipal Corporation). Some other localities in Mumbai such as; Goregaon East, Malad West, Andheri West and Kandivali East are in the other areas, which are getting benefit because of revised property tax system. Availability of […]
October 14, 2014 12:31 am
RBI concerned over exposure of banks to infra and realty sectors
Reserve Bank of India has expressed concern over high exposure of banks to infrastructure and real estate sectors. RBI Deputy Governor R Gandhi cautioned lenders saying they “cannot put all eggs into one basket”. As an alternative, the deputy governor suggested looking at corporate bonds market, which is being encouraged by both the central bank […]
October 13, 2014 12:30 am
Now search your property through Map
Earlier “Brokers” was the backbone of the real estate industry, but in last few decades the rise of internet and web entrepreneurs has bring the revolution in real estate industry with the platforms, which helps the potential property buyers to search for property according to their need and requirement without the help of brokers. As […]
October 11, 2014 12:30 am
Integrated township concept to attract buyers in eastern suburbs
In the eastern suburbs of Kalyan, Dombivli, Titwala, Badlapur, the real estate profile is slowly but steadily moving from only small and mid-segment developers to integrated townships by leading builders. These townships are spread over hundreds of acres and offer amenities such as club house, gymnasium, kids’ play area, community hall, a water body and […]
October 10, 2014 12:41 am
Realty buyers prefer serene locales
A study of Ghodbunder residential property boom By the hillside, Ghodbunder road was once a forest land. A few years ago, the view was breathtaking as the rainwater stream passes through the hills, charming many nature lovers. A closer view of the hill, less traffic movement, and tranquility drew many residents to Ghodbunder road area. […]
October 8, 2014 12:28 am
Mumbai’s eastern suburbs compete with California in terms of growth
Potential investors considering investing in the Mumbai Metropolitan region are in for a shock as the realty market around the MMR is competing with that of California, in the U.S. Added to the existing rush is the proposed metro rail project which is all set to catapult the market price further. The illogical rise in […]
October 6, 2014 12:01 am
Is it better to make an investment in redeveloped residential or commercial projects?
Now builders are targeting the existing structures in Mumbai, which are either in bad condition or dilapidated because centers of Mumbai is running out as there is no more space for residential development. But still it’s a big question, is it better idea to invest in these properties for redevelopment as down payment is very […]
September 27, 2014 12:18 am
Court allows flat owners to form federation to regulate maintenance fee
When people take possession of their apartments in any multi-storey group housing project, an important issue they have to deal with is maintenance of common areas and facilities. Many developers want to retain their hold over the facilities because of the lakhs of rupees collected as monthly maintenance fee from the residents depending on the […]