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real estate developers in Mumbai Archive

Maharashtra hikes incentive FSI, property rates in suburbs may rise

In the latest move of Maharashtra state government it is likely to see that realty rates in Mumbai suburbs may rise again, after the final notification of state government through which Maharashtra state government is planning to hike the additional premium charges and development rights with an aim to generate more revenue for exchequer, which […]

Property near Yamuna expressway could become costlier

From New Year, onwards it could become costlier to buy property near the Yamuna expressway as commercial property rates have been raised by 20 percent whereas; the allotment rates of residential and housing properties have been hiked by more than 10 percent and institutional and industrial property rates  have been hiked by 5 percent. On […]

Indian real estate – the irony of demand & supply

With more than 6, 00,000 units of inventory in India’s top cities, the situation is alarming. One in three houses constructed is unsold, despite builders, agents, online broking houses and now even e-commerce websites trying to allure consumers with lucrative schemes and offers. Urbanization as a trend has just touched the tip of the iceberg […]

JLL launched its India Desk in Dubai

Recently, JLL, the leading real estate advisory and investment firm, has launched its own “India Desk” in Dubai, which aims to facilitate the cross boarder investment between the GCC and Indian market. It is expected that JLL’s new initiative will support and help the GCC investors to manage their real estate investments and properties in […]

A sneak peek into India’s Premium Real Estate Market

In past few years, real estate market of India has evolved from residential units at great location to luxury and vibrant concept of branded homes. These branded residential units or houses have make up this emerging luxury housing projects where the price of luxury houses are about $ 300,000 for 2000 square feet for the […]

Home sales rise in Mumbai 28 percent, a sign of life in real estate market of Mumbai

Now some of the buyers are finally returning to the real estate market of Mumbai, as real estate developers are offering 5 to 10 per cent discount and other offers as well such as; foreign trips, free parking space, free car, free AC and more. Now in Mumbai’s real estate market due to reduced size […]

BlackSoil Realty is set to invest Rs 25 cr in Ahuja Construction’s “Project O2” through SPV

BlackSoil Realty Fund–I is all set to invest Rs 25 crore in Mumbai’s leading real estate developer’s project. According to sources, Ahuja Constructions will use this fund for mid-market focused upcoming project which is known as the “Project O2” and it is located at the Sion East. BlackSoil Realty will use the special purpose vehicle […]

For development of essential facilities, Maharashtra government extended TDR in all over state

Recently, the State Government of Maharashtra has decided to extend the TDR for various urban conglomerates in all over the state, so that all development schemes can run smoothly even after imposing the land reservation bill. The Transfer of Development Right (TDR) is given by state government in return of land. State Government of Maharashtra […]

NAREDCO proposed to construct 1 lakhs affordable housing units, says Niranjan Hiranandani

If you are the one who is seeking for affordable housing unit in Maharashtra, so here is good news for you as recently NARDECO or the National Real Estate Development Council has come up with news in festive season that it is going to build more than one lakhs affordable housing units with no profit […]

PM’s festive offering can boost the Indian property market

In 2015, festive season or special Diwali celebration session in Mumbai comes with many surprise gifts from PM Narendra Modi as he relaxed the norms and regulations for foreign investment in Indian real estate sector. This year home buyers are discouraged by the rumors that real estate builders are unlikely to run out of money. […]