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Tag: mumbai

Home » mumbai » Page 22

Current News
By Dhwani MeharchandaniJanuary 11, 2024

MSRDC eyes Rs 8,000 cr from Bandra Reclamation land development

The Maharashtra State Road Development Corporation (MSRDC) is all set to capitalize on a substantial land parcel spanning 28 acre in Bandra Reclamation along the Western Express Highway (WEH). This land parcel is slated … READ FULL STORY

Research
By Research DeskJanuary 11, 2024

Mumbai Continues to Lead the Residential Sales Tally: Check Out What is Selling Fast

Mumbai’s residential real estate sector has displayed notable resilience and steady expansion in 2023, propelled by a variety of factors influencing the preferences of those seeking homes. Among the top eight cities in the … READ FULL STORY

Current News
By Anuradha RamamirthamJanuary 12, 2024

Maximum speed on Mumbai-Trans Harbour Link set at 100 kmph

January 11, 2024:  In a bid to curb danger, obstructions and inconvenience to the public, a maximum speed limit of 100 kmph has been set for vehicles to travel on the Mumbai Trans Harbour … READ FULL STORY

Property Trends
By Shimon OberoiJanuary 10, 2024

What is Swapna Niketan housing scheme in Nagpur?

The Swapna Niketan Housing Scheme, a commendable initiative by the Nagpur Municipal Corporation Slum Rehabilitation Authority, is a boon for individuals belonging to the low-income bracket. Aimed at providing affordable housing, the scheme allows … READ FULL STORY

Research
By Renuka Kulkarni - Research DeskJanuary 28, 2024

Recap 2023 – India’s residential realty sector shines bright

In the tumultuous global landscape of 2023, India emerged as a standout performer, defying the odds with a remarkable 6.3 per cent growth amidst a backdrop of geopolitical complexities and inflationary pressures, according to … READ FULL STORY

Current News
By Anuradha RamamirthamJanuary 10, 2024

Nearly 2.72 lakh homes sold across 7 cities in 2023: Report

January 10, 2024:  The residential sector saw sales of over 2,71,800 units across the top seven cities of India -Mumbai, Delhi-NCR, Bangalore, Hyderabad, Chennai, Kolkata and Pune in 2023, says a recent JLL report.  … READ FULL STORY

Current News
By Anuradha RamamirthamJanuary 13, 2024

MahaRERA launches 3-tier scrutiny process to safeguard buyers

January 10, 2024:  A three-tier scrutiny process for registering housing projects has been implemented by the Maharashtra Real Estate Regulatory Authority (MahaRERA). This process will limit the complaints filed by homebuyers. Under the new … READ FULL STORY

Current News
By Harini BalasubramanianJanuary 12, 2024

Surat stretch of Delhi-Mumbai expressway to open by March 2024

January 10, 2024: The government is planning to make the Delhi-Surat section of the Delhi-Mumbai expressway operational by March 2024, according to media reports. Two additional stretches of over 300 kilometre (km) are nearing … READ FULL STORY

Current News
By Anuradha RamamirthamJanuary 8, 2024

No toll for Phase-1 of Mumbai Coastal Road: CM

January 8, 2024: Phase-1 of the Mumbai Coastal Road from Marine Drive to the Bandra Worli Sea Link will not attract any toll, Maharashtra chief minister Eknath Shinde said on January 7. To be … READ FULL STORY

Current News
By Anuradha RamamirthamJanuary 11, 2024

MMRDA merges Mumbai Monorail with Mumbai Metro

January 5, 2024: The Mumbai Metropolitan Region Development Authority (MMRDA) has announced the merging of the Monorail Project Implementation Unit (Mono-PIU) with the Maha Mumbai Metro Operation Corporation (MMMOCL). This thought over move is … READ FULL STORY

Research
By Renuka Kulkarni - Research DeskJanuary 28, 2024

From Recovery to Expansion: India’s Real Estate Sector Gains Momentum in 2023

India’s residential real estate market experienced a robust double-digit growth in both new supply and demand throughout 2023, propelling these metrics closer to the high levels observed during the 2010s. This surge was driven … READ FULL STORY

Property Trends
By Dhwani MeharchandaniJanuary 4, 2024

Office leasing in Mumbai touches 8.5 msf in 2023: Report

Mumbai witnessed a 6-year high gross absorption of 8.5 million square foot (msf). in 2023, registering a growth of 18% YoY, breaching pre-COVID level, according to a report by CBRE South Asia titled ‘CBRE … READ FULL STORY

Property Trends
By Dhwani MeharchandaniJanuary 4, 2024

Mumbai records 7.4 msf of office leasing in 2023: Report

The office market of Mumbai experienced a notable increase in leasing activity, reaching approximately 7.4 million square foot (msf) marking a 16.3% YoY growth in the year 2023, according to Knight Frank India’s latest … READ FULL STORY

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