Andheri west, in Mumbai, is a premium real estate location, with posh areas such as Lokhandwala and Versova. The area has always witnessed huge demand for residential homes, especially from the elite class. Hence, … READ FULL STORY
Whether the price is Rs 2.5 crores for an apartment at Marina ONE in Kochi or Rs 50 crores for an apartment at Omkar 1973 in Mumbai, affluent Indians would not mind shelling out … READ FULL STORY
In real estate lexicon, market drivers are developments in an area that increase the value of living there. It is a well-established fact that infrastructure is by far, the most important driver for real … READ FULL STORY
“If Mumbai, the ‘crown jewel’, continues to groan under its weight, it will drive away investors,” industrialist Anand Mahindra said, while addressing the ‘Magnetic Maharashtra’ Global Investors Summit in suburban Bandra, on February 18, … READ FULL STORY
Finance minister Arun Jaitley’s Union Budget for 2018-19, by and large did not have any major announcements for the real estate sector. While developers have termed Budget 2018 as a pro-buyer populist budget, home … READ FULL STORY
There were no major direct announcements related to realty sector, in the Union Budget 2018-19. However, there is an expectation in the market that the efforts made by the government, could boost the real … READ FULL STORY
In a first, finance minister Arun Jaitley, on February 1, 2018, announced the expansion of the Mumbai suburban train network, spread over 465 kms, at a cost of Rs 11,000 crores and said the … READ FULL STORY
According to property consultant JLL, in the next 10 years, private equity (PE) inflow in the real estate sector, is likely to grow at 10 per cent CAGR to USD 100 billion by 2026, … READ FULL STORY
Aggrieved home buyers in Maharashtra, may be able to look forward to an early and amicable resolution of their disputes with their developers, with Maharashtra becoming the first state in India to initiate the … READ FULL STORY
The next World Economic Forum (WEF) centre for the ‘Fourth Industrial Revolution’ is being proposed to be set up in Mumbai, Maharashtra chief minister Devendra Fadnavis said, on January 23, 2018. Fadnavis made the … READ FULL STORY
Notwithstanding the macroeconomic disruptions, the commercial real estate (CRE) market remained robust in 2017. The year 2017 witnessed a pan-India leasing volume of approximately 42.8 million sq ft (3.9 million sq metres), excluding renewals … READ FULL STORY
According to a study by property consultants Knight Frank, homes launches in 2017 plummeted by a staggering 78 per cent to 1,03,570 units. The peak of the realty boom in 2010, saw as many … READ FULL STORY
The internet is the most preferred medium for home search in India With over 462 million internet users, India is the second-largest online market in the world. 20 million Indians search for homes online, … READ FULL STORY
