Maharashtra chief minister and chairman of the Mumbai Metropolitan Region Development Authority (MMRDA), Devendra Fadnavis, on February 28, 2019, approved a Rs 16,909.10-crore budget for the year 2019-20 for the Authority, at its 147th … READ FULL STORY
While budget is the main factor that influences a home buying decision, locations that offer job opportunities are also sought after by home buyers. Boisar, an industrial town is one of Mumbai’s fastest-growing suburbs. … READ FULL STORY
Between 30 and 35 per cent of new housing launches in the Mumbai Metropolitan Region (MMR) have been in its emerging suburbs, states a report by ANAROCK Property Consultants. The MMR’s western and central … READ FULL STORY
Q: Several market reports are stating that sales are finally moving in the upward direction in Mumbai after several quarters of slow sales and launches. What do you think has caused this market turnaround? … READ FULL STORY
On the back of critical policy reforms like demonetisation, the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST), 2018 is seeing both, sales and new supply picking up, … READ FULL STORY
In a meeting with the 15th Finance Commission, the Maharashtra government, on September 19, 2018, sought Rs 50,000 crores, as a special support for Mumbai city and the Mumbai Metropolitan Region (MMR), which includes … READ FULL STORY
Ganesh Chaturthi marks the start of the festive period. It is a time, when developers strive to clear their old stock, increase sales and capitalise on the positive sentiment. For home buyers, the festive … READ FULL STORY
Ambernath, a well-developed industrial micro-market of Thane district, is famous for its wealth of medium to large-scale industries. The locality is bisected into east and west sections by the Central Railway line that starts … READ FULL STORY
There has been a whopping 50 per cent jump in overall new housing launches in Q2 2018, over the preceding quarter, with the maximum supply in the affordable segment (less than Rs 40 lakhs). … READ FULL STORY
Project delays are one of the most alarming issues, historically dogging the Indian real estate sector. The dearth of effective planning and execution of construction activities, escalating construction costs, approval delays, diversion of allocated … READ FULL STORY
The Maharashtra government is mulling a public-private partnership (PPP) policy, under which it plans to acquire land parcels in the Mumbai Metropolitan Region (MMR) and develop low-cost homes, giving further impetus to its affordable … READ FULL STORY
Maharashtra’s minister of state for urban development, Ranjit Patil, on March 28, 2018, informed the legislative council that a proposal for uniform development control rules (DCR) for eight municipal corporations under the Mumbai Metropolitan … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on March 14, 2018, said that his government was positive to the demand of waiving property tax for houses with a carpet area of 750 sq ft. “The Brihanmumbai … READ FULL STORY
