‘Micro homes’ are gaining popularity owing to the rapid rise of population and space crunch in urban India. With rising rents and housing becoming expensive over the years, home buyers are opting for homes … READ FULL STORY
The Mumbai Metropolitan Region (MMR) has witnessed considerable development over the past decade. It has several areas, which have witnessed a sea-change and have become extremely desirable locations to live in. Called the ‘city … READ FULL STORY
When it comes to demand for housing in the Mumbai Metropolitan Region (MMR), a clear dichotomy comes to light. One set comprises of the privileged HNIs, who seek uber-luxury homes, while the other set, … READ FULL STORY
A four-storey residential structure in south Mumbai’s Dongri area caved in shortly before noon on July 16, 2019, killing at least 14 people and trapping many under the debris, civic officials said. This was … READ FULL STORY
Both houses of the Maharashtra legislature, on June 20, 2019, approved a proposal to bring parts of Palghar and Raigad districts under the jurisdiction of the Mumbai Metropolitan Region Development Authority (MMRDA). The state … READ FULL STORY
According to a recent CII-ANAROCK survey, it was found that nearly 55% of the net affordable housing supply came from Delhi-NCR and the Mumbai Metropolitan Region (MMR). Industry experts opine that the major reasons … READ FULL STORY
Residential real estate sales saw some moderation in January 2019 (-4.6% yoy) and this is likely to accelerate in the two months up to March 2019, owing to the change in the rate of … READ FULL STORY
The top seven Indian cities collectively saw the average size of budget-friendly apartments shrink by almost 17 per cent, between 2014 and 2018, according to a study. The Mumbai Metropolitan Region (MMR) topped with … READ FULL STORY
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
