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Mumbai Real Estate

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Mumbai woes: Expensive real estate is scaring away air traffic control officials from the city

Aug 03, 2015

Mumbai woes: Expensive real estate is scaring away air traffic control officials from the city

The prohibitive prices of houses near the Mumbai airport have been dissuading air traffic control personnel from taking up assignments in the city, affecting air traffic safety. #NewsTracker #Mumbai airport #Mumbai Real Estate #Airpors Authority of India #FSI regulations
With no sales in Mumbai, builders are using these schemes to lure fence-sitters

Apr 27, 2015

With no sales in Mumbai, builders are using these schemes to lure fence-sitters

In response to the unrelenting sluggishness in the market, Mumbais developers have been offering various schemes to entice fence-sitters; at a recently-held property exhibition in Mumbai, such schemes were very much in evidence. #Mumbai #property #realty #Mumbai Real Estate #discount schemes
Scrapping of Mumbai DP 2034 will hit new housing supply, buyers must hold tight

Apr 23, 2015

Scrapping of Mumbai DP 2034 will hit new housing supply, buyers must hold tight

The Maharashtra government's move to scrap the draft development plan 2034 for Mumbai is likely to hit supply of new housing projects and help in clearing existing unsold houses in the city to some extent. Moreover, deals for land parcels, redevelopment projects and private equity transactions for financing housing projects in Mumbai will get stuck due to lack of clarity on the city's proposed development plan. #Housing #Mumbai Real Estate #Devendra Fadnavis #Urbn housing #Nardeco #Mumbai Depelopment Plan
Tall task? Maharashtra needs a whopping $200 bn to set up affordable houses

Apr 23, 2015

Tall task? Maharashtra needs a whopping $200 bn to set up affordable houses

The KPMG report published on Tuesday found that, in urban areas alone, Maharashtra would need 5 million new homes by 2022 #KPMG #Mumbai Real Estate #Affordable housing #Real estate prices #Subhash Desai
The good, bad and ugly of Mumbai's proposed development plan 2034

Feb 19, 2015

The good, bad and ugly of Mumbai's proposed development plan 2034

the DP does not clarify how higher FSI around stations would be managed to ensure that problems get solved instead of becoming worse. Would there be urban design interventions that go beyond what happens within a plot? #Power #Mumbai #Infrastructure #water #Mumbai Real Estate #Affordable housing #FSI
Higher FSI will kill the already strained infra in Mumbai and won't make property cheaper

Feb 18, 2015

Higher FSI will kill the already strained infra in Mumbai and won't make property cheaper

The civic bodys move of increasing the floor space index for the entire city up to a maximum of 8 that will change Mumbai's skyline has been criticized by urban planners and housing experts as it could have a disastrous impact on the citys infrastructure. #Mumbai Real Estate #Andheri #FSI #Mumbai Property #Vertical #Soaring prices
Can't afford a Mumbai home? Well, Fadnavis govt is taxing it out of reach

Jan 06, 2015

Can't afford a Mumbai home? Well, Fadnavis govt is taxing it out of reach

If you thought the BJP-led government would bring relief to home buyers in Maharashtra, here's a dampener: Mumbai's realty prices are going nowhere but up as the newly-installed Devendra Fadnavis government has decided to increase the ready reckoner (RR) rates for Mumbai by an average of 15 percent with some areas even witnessing a steep hike of up to 40 percent. #Black money #Mumbai #Mumbai Real Estate #market rate #circle rate
When brokers turn investors, Mumbai house prices are bound to rise

Aug 27, 2014

When brokers turn investors, Mumbai house prices are bound to rise

Mumbai Metropolitan Region (MMR) has the maximum number of unsold flats at over 2 lakh houses when compared with the top six real estate markets in India, and it will take at least three years to get rid of these existing units, showing that the demand from property buyers has not picked up in India's financial market. #property #Mumbai Real Estate #Knight Frank #houses #unsold houses
Campa Cola No water, power, but fight to save houses continues

Jul 01, 2014

Campa Cola No water, power, but fight to save houses continues

At Campa Cola compound, some have moved out but continue to visit everyday, determined to make their presence felt in the building and in spite of the threat of a contempt petition. #Supreme Court #ConnectTheDots #Mumbai #BMC #Mumbai Real Estate #Worli #Illegal construction #Illegal buildings #Campa Cola
Mumbai Historic Bhabha bungalow on Malabar Hill sold for Rs 372 cr

Jun 19, 2014

Mumbai Historic Bhabha bungalow on Malabar Hill sold for Rs 372 cr

Those opposing the sale of the Bhabha residence may be comforted by the fact that the new owners have promised not to tear down the structure. #NewsTracker #Prithviraj Chavan #Tata #Maharashtra #Malabar Hill #Mumbai Real Estate #NCPA #Homi Bhabha #BARC #scientist #Jamshed Bhabha #TIFR