Mumbai's real estate exhibition has reignited hope among builders for a festive revival despite sluggish sales and stable prices in the market.
Mumbai's real estate firms are selling smaller office spaces due to declining demand from corporates and financial institutions, turning to professionals for sales.
CREDAI criticizes Maharashtra's policies as investor-unfriendly, prompting a shift towards Gujarat for real estate investment, driven by high costs and slow approvals in Mumbai.
Govt to sell/lease surplus land to ease financial stress, boosting real estate growth in Indian metros.
Mumbai real estate prices have declined due to higher interest rates, stricter housing loans, and increased repo rates. The RBI's strict lending policies and over-supply have also contributed to this drop.
The depreciating rupee has increased demand for residential properties from NRIs, particularly in Mumbai. Developers are also offering discounts due to liquidity concerns, making properties more attractive.
Lodha Group in talks to buy DLF's Mumbai plot for $500 million.
Mumbai's real estate market shows signs of recovery with increased property registrations and new project launches. Festive occasions, discounts and lower interest rates are driving demand.
DLF in talks to sell Mumbai land for ₹30bn, buyers negotiate lower
Mirah Group consolidates real estate business, eyes large townships in Mumbai, Pune, and Nagpur, alongside expanding F&B and hospitality ventures.
Piramal Realty acquires Gulita property in South Mumbai from Hindustan Unilever for R452Cr, plans to develop high-end luxury apartments.
HUL sells Mumbai property to Piramal Realty for Rs 452.5 crore. The deal includes fixed and variable components and was brokered by JLL India.
A developer warns against misleading real estate reports, emphasizing the rising input costs. However, opting to rent may be a smarter financial decision.
Shares of Mumbai-based real estate firms fell sharply following reports of a proposed stamp duty hike by the Maharashtra government, prompting concerns over market demand.
Government initiatives, including ECBs for low-cost housing and interest subventions, are poised to boost affordable housing in Mumbai's outskirts, enhancing long-term price stability.
Stable Indian real estate market: prices held high despite interest rate hikes, mixed future outlook
Developers offer 'monsoon discounts' to boost sales during lean season, with discounts ranging from 10-20% in cities heavily affected by monsoon.
Mumbai's BMC has proposed an amended parking lots policy to the state government, which could bring several hundred crores annually by sharing profits with developers.
Indian real estate has seen substantial price growth, with properties multiplying in value over time. Experts advise including real estate in investment portfolios.
Lodha Developers to build Mumbai's tallest residential tower, seeking over Rs 1,000 cr in funding
JLLM signs contract with Wipro to manage 2.3M sqft office space in Bengaluru, Mumbai & Mysore
Rising realty costs trouble homebuyers, 30% price hike since Aug 2009, experts anticipate 15% correction for market buoyancy.
JLLM report predicts rising residential property prices in Mumbai and growth in commercial real estate demand until the end of 2010, supported by infrastructure projects.
Godrej Group plans to release a prime 35-acre parcel in Vikhroli by year-end, making it one of the largest unencumbered realty releases in recent years.
Nariman Point faces significant upheaval as the BMC increases taxes for building societies, raising rateable values by up to 10 times for several properties.