CREDAI-MCHI urges Maharashtra government to reduce stamp duty to 2% in Mumbai to revitalize housing demand amidst the COVID-19 pandemic, citing reduced sales and state revenue.
MCHI requests Maharashtra CM to form expert panels for project clearance, citing lengthy current process.
The MCHI-CREDAI Property Expo 2013 in Mumbai has seen a huge turnout of buyers, indicating robust interest despite market challenges, showcasing over 15,000 properties.
BMC increases Mumbai's daily water supply from 90 to 135 liters per person starting October 1st, offering relief to residents and potentially boosting the housing industry.
This year's festive season did not uplift the struggling real estate market, with residential sales falling by 8.5%, attributed to high prices and interest rates.
Mumbai builders cancel their planned strike after negotiations with the Chief Minister regarding delayed project approvals and the establishment of a housing regulator.
The 2010 India Realty Expo in Dubai, organized by MCHI, saw significant success with 2,847 NRI attendees. Attractive pricing and ready properties drew numerous investors. The expo showcased projects from Mumbai, Bangalore, Goa, and Pune, with strong interest in 2/3 BHK flats.
MCHI is hosting the 13th India Realty Expo in Dubai from June 3rd-5th, 2010, to showcase Indian real estate opportunities to NRIs, featuring properties in cities like Mumbai, Pune, Goa, and Bangalore.
MCHI's Property 2009 exhibition in Mumbai showcases properties from 75+ developers. Co-organized by SBI, it features financing offers for aspiring homeowners in Mumbai, Thane, Navi Mumbai, and Pune.
Public sector banks cut home loan interest rates, benefiting buyers in Mumbai's outskirts and other cities. The move aims to support the housing market, but some experts believe a greater impact would require higher loan limits and increased consumer confidence.
Home buyers in Mumbai await a significant drop in realty prices, despite developers' offers and discounts at a major property exhibition.