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
Gross leasing activity in India was recorded at 36.4 million sq ft for the first nine months of 2018, up by 26 per cent year-on-year (YoY), according to the ‘India Office Overview and Outlook, … READ FULL STORY
Up to Rs 65,000 crores has been approved for a host of rail infrastructure projects on the suburban network in Mumbai and its surrounding areas, said railway minister Piyush Goyal, on November 11, 2018. … READ FULL STORY
The 12-km Nerul-Seawoods Darave-Belapur-Kharkopar corridor in Navi Mumbai, was commissioned by railway minister Piyush Goyal, along with Maharashtra chief minister Devendra Fadnavis, on November 11, 2018. This is the first phase of the 27-km … READ FULL STORY
Sales of housing units in the top nine property markets in India increased by 24 per cent during the July-September 2018 period (Q2 FY2019), while new launches declined by 35 per cent, according to … READ FULL STORY
Panvel, in Navi Mumbai, has emerged as one of the fastest-growing areas, in terms of infrastructure development and connectivity. Its real estate market has also witnessed considerable activity across segments, including affordable, mid-segment and … 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
The first priority for Reliance Communications (RCom), which is credited with democratising telecom services through cheaper offers in the early 2000s, is to resolve its over Rs 40,000-crore debt, Anil Ambani told shareholders at … 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
Update on February 13, 2019: Town planning agency, the City and Industrial Development Corporation (CIDCO), has announced that it will conduct a lottery for 1,100 homes on February 14, 2019. The draw for the homes … READ FULL STORY
Indian cities witnessed strong office demand in Q2 2018, with about 12.6 million sq ft of gross absorption recorded, indicating a 10 per cent quarter-on-quarter (QoQ) growth, in office leasing activity. “As a result … READ FULL STORY
The Maharashtra government is considering a proposal to provide houses to police personnel, in cities such as Nagpur, Aurangabad, Nashik, Thane, Navi Mumbai and Pune, by providing land to state housing agencies CIDCO and … READ FULL STORY
Pune, Navi Mumbai and Greater Mumbai from Maharashtra, were ranked India’s three most livable places on the government’s inaugural ‘Ease of Living Index’, which was released on August 13, 2018. The national capital came … READ FULL STORY
