Stable price scenario can be expected for property prices in Mumbai in the foreseeable future due to the high price points. However, Bangalore, Chennai, Pune, and Kolkata may see marginal appreciation due to increased demand. In second quarter the union government had announced friendly measures in the 2014-15 budget for real estate sector. With the […]
October 18, 2014 12:30 am
Maharashtra and Haryana, the two states which went for legislative Assembly elections on October 15, have another thing in common. They are among the most prominent property markets and together are estimated to constitute 30-40 per cent of the pan-India real estate universe. While the polls might not substantially impact the property prices in the […]
October 17, 2014 12:45 am
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. […]
October 16, 2014 12:30 am
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
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
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
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
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
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 9, 2014 3:41 am
Bank of America is shifting its India headquarters from Nariman Point to the Bandra-Kurla Complex (BKC), marking another milestone in the steady movement of businesses to the suburbs. The bank is expected to move next year. The deal reflects renewed interest in BKC,” said a source familiar with the deal. The corporate houses and financial […]