News articles tagged Mumbai

ULI India's annual flagship conference is back for a second year.

The Urban Land Institute's Annual Conference in Mumbai will address urban development challenges, featuring prominent leaders sharing insights on various real estate issues.

Real estate developers are purchasing more land

Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.

Mumbai’s real estate crimes are on the rise

The real estate industry in Mumbai is grappling with increasing cases of fraud and deception by developers, leading to significant financial losses for homebuyers and legal action.

What’s increasing the demand for luxury and mid-range housing in Pune and MMR?

Luxury and mid-range housing demand surges in Pune and MMR, driven by factors like tax incentives, rising incomes, and NRI investments. Property values have increased significantly, especially in Mumbai, impacting affordability. Despite rising costs, sales remain strong, with buyers prioritizing larger homes and better amenities.

Giants of the Mumbai real estate market head to Ayodhya as prices rise 179% following the Ram Mandir ceremony.

Mumbai developers like Oberoi Realty, Godrej Properties, and Hiranandani Group are acquiring land in Ayodhya, driving property price increases by 179% post-temple opening.

Mumbai will not be raising its property tax

Mumbai's property tax remains unchanged for the fiscal year 2024, providing relief to homeowners amidst ongoing financial challenges, according to the state cabinet's recent decision.

In the Asia Pacific region’s annual housing price growth index, Bengaluru comes in at number eight and Mumbai at number nine.

Knight Frank's report reveals Singapore as the top Asia-Pacific residential market with 13.7% YoY growth. Bengaluru and Mumbai also rank in the top 10.

Forbes Global Properties enters the Indian real estate market with plans to build in Goa, Delhi, and Mumbai.

Forbes Global Properties enters Indian market with luxury brokerage services & development plans in Delhi, Mumbai, and Goa.

Will the Mumbai-Trans Harbour Link increase the cost of real estate in Navi Mumbai?

Prime Minister Narendra Modi inaugurated the Mumbai Trans Harbour Link (MTHL), expected to cut travel times and boost economic growth. Real estate experts have mixed opinions on whether property prices will rise.

Experts predict that in 2024, India’s real estate market will reach new heights

India's real estate market has flourished in 2023, particularly in luxury housing, with increased sales and strong demand across multiple segments, signaling ongoing growth.

NCLT Mumbai authorizes the sale of RCom shares and real estate

Reliance Communications has received NCLT Mumbai's approval to sell parts of its real estate holdings, allowing the resolution professional to divest assets during the insolvency process.

Most growth in this city occurs in the sale of houses exceeding Rs 4 crore.

Sales of luxury homes valued at Rs 4 crore and above rose 97% over the previous year in major Indian cities from January to September 2023.

How might real estate investors benefit from SEBI’s approval of small and medium-sized REITs?

SEBI amends REIT regulations to allow Small and Medium REITs (SM REITs) with a minimum asset value of Rs 50 crore, expanding market access for retail investors.

MHADA 2023 Lottery

MHADA extends registration for Pune and Konkan lottery schemes to November 11 and 12, 2023, offering over 11,000 affordable homes. Details on application and payment follow.

Latest Supreme Court Judgment on Land Acquisition 2022

Maharashtra faces significant cost overruns due to delayed infrastructure projects, prompting the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation, and Resettlement (Amendment) Bill, 2022 to be introduced for faster project completion.