News articles tagged Thane

Thane Property Registrations Surge 17% in January 2025: Residential Market Thrives

Thane’s residential market booms as property registrations rise 17% YoY in January 2025, driven by buyer demand and government policies supporting homeownership.

Thane Property Expo 2025 Kicks Off

The highly anticipated Thane Property Expo 2025, hosted by CREDAI MCHI Thane, runs from February 7-10, featuring over 300 projects and exclusive financial offers.

Mumbai-The way micro markets are defining real estate

Mumbai's real estate is transforming with the rise of micro-markets like Dombivali and Thane. These areas offer unique opportunities, catering to specific demographics and lifestyle needs, driven by improved connectivity and infrastructure.

MahaRERA directs Godrej, a real estate developer, to reimburse a portion of the amount that the buyer forfeited.

MahaRERA directed Godrej Properties to refund a homebuyer after cancellation exceeding the 2% permissible deduction as per RERA guidelines, setting a precedent for similar cases.

Do you know the current ready reckoner rate in Kailash Nagar, Thane?

Kailash Nagar in Thane attracts investors and homebuyers. Ready reckoner rates, determined by the State government, are essential for property transactions in this area.

MahaRERA issues warrants for Rs 633 crore against errant builders

MahaRERA has issued recovery warrants worth Rs 633 crore against errant builders in Mumbai, Pune, and Thane to protect homebuyers' investments.

MahaRERA lists 3,400 projects lapsed across the state

MahaRERA has listed over 3,400 real estate projects as lapsed due to delays, limiting developers from selling until extensions are approved by stakeholders.

MahaRERA marks 1,824 residential projects as ‘expired’ across the state

1,824 Maharashtra residential projects labeled "expired" by MahaRERA for exceeding deadlines. Developers need 51% buyer consent for extensions and face restrictions on promotion.

MahaRERA Orders Acme Housing to pay interest of 21 months of delay

MahaRERA orders Acme Housing to pay interest for delayed ownership of Thane's Alpinia project, citing developer's failure to meet contract terms amid external challenges.

Godrej Properties Get Hold Of Ceear Lifespaces

Godrej Properties has acquired Ceear Life Spaces (CLPL) making it a wholly owned subsidiary. The acquisition aims to develop land in Thane. Operations are affected by COVID-19.

Thane’s rental yield increases

The year ended positively for Thane's real estate market with many infrastructure projects wrapping up, boosting rental yields and attracting investors.

Experts say iconic properties in Mumbai in demand

Prime Mumbai properties maintain value despite falling rentals, with landmark buildings like Cadbury House and Citi Centre changing hands. Investors favor leased properties with strong track records, impacting even suburban markets.

Maha builders seek clarity for reservation of flats

Credai Maharashtra praises state's decision to reserve 20% of flats for the weaker section in developments on one acre of land. The policy aims to reduce slums and provide affordable housing.

MMRDA to put on sale 2,500 low cost apartments

MMRDA plans to sell 2,500 low-cost flats in Thane and Vasai-Virar, contributing to affordable housing initiatives for economically weaker sections.

Slight dip in rental values in Mumbai in Q2

Mumbai's rental values dipped slightly in Q3 2023, with Lower Parel, Thane, and Navi Mumbai seeing the most leasing activity. Key business districts witnessed a decline in commercial leasing.

Property Rates Jump By 66% In Mumbai, Report

Mumbai property rates soar 66% in four years due to land scarcity and limited supply, defying expert predictions of price correction.

MCHI Demands Expert Panels To Clear Projects

MCHI requests Maharashtra CM to form expert panels for project clearance, citing lengthy current process.

MCHI-CREDAI Property Expo Sees Huge Crowd

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.

McDonald's to invest Rs.265 Cr for expansion

McDonald's India plans to invest ₹265 crore to expand its presence in South and West India, aiming to reach 250 stores by March 2015.

Thane Building Collapse Shows the Depth of Corruption

A seven-story building collapsed in Thane, killing 74 people. Arrests were made, revealing deep corruption within the real estate sector involving bribery of civic officials.

Mumbai offers little hope for home buyers.

Mumbai faces a real estate crisis with Rs275 billion invested since 2005 yielding few returns, leaving many flats vacant and buyers confused amid rising costs and regulatory changes.

Maharashtra Govt. Launches E-Portal for Building Plans

Chief Minister Prithviraj Chavan inaugurated a web-based portal for issuing clearances for new building projects in Thane, aiming to enhance transparency and efficiency.

Sheth Developers concentrating again on Vivacity Mall

Sheth Developers pre-leased half of their upcoming 1 million sq ft 'Vivacity' mall in Thane, Mumbai, to retailers like Hypercity, Shopper's Stop, and Cinepolis, indicating a resurgence in commercial real estate demand.

13th India Realty Expo'10 A Success

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.

Real estate firm sees festival sales

Property firms are optimistic as they launch new housing projects for the festive season, despite challenges in demand and price hikes.