After the original rehabilitation component of the Navi Mumbai Airport project hit a roadblock, it has now been decided to handover 5 hectare of land in Panvel for rehabilitating the project affected people. The decision was taken after a major portion of the 57 hectares of land, meant to relocate project affected people (PAP), had […]
mumbai property news Archive
October 30, 2014 12:30 am
RBI tells banks to bring innovation into home loans
The Reserve Bank of India (RBI) has called upon banks to bring in more financial innovation into home loan products by linking such loans to deposits. According to R Gandhi, Deputy Governor, RBI, “Savings can be induced to generate savings balance by way of monthly or periodic deposits. This will serve as a track record […]
October 28, 2014 6:57 am
Investors say cheers to infrastructure development
Real estate market along the stretch from Thane to the Central Business District of Belapur is on the boil. Price appreciation is the order of the day and hence those who had prudence to invest in the nick of time have every reason to cheer. Development of physical infrastructure in Ghodbunder Road, Kolshet Road, Airoli, […]
October 20, 2014 2:00 am
Property prices likely to be stable in Mumbai due to high price points
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
Election impact may pull back Mumbai realty till results
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 […]
September 13, 2014 5:54 am
Property frauds worth Rs 1600 crore in Maharashtra!
Do you know property frauds worth Rs 1600 crore are reported in Maharashtra? As per National Crime Records Bureau (NCRB), Maharashtra comes second in terms of realty fraud in the country. Delhi of course tops the list of property fraud cases. In Delhi, as per the around 181 cases of loss of property were reported […]
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 […]
July 11, 2014 6:20 am
Budget 2014: Top amendments for Real Estate Sector
The real estate sector is considered as one of the most important sectors for the economic growth of the country. With very promising plan of providing housing to everybody maximum by 2020, the new government headed by Prime Minister Narendra Modi has taken a very important decision in making few amendments in the law related […]