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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
RBI rate hike will hurt growth sentiment further, say realty developers

Sep 20, 2013

RBI rate hike will hurt growth sentiment further, say realty developers

Expressing disappointment over RBI's decision to hike the key policy rate, real estate developers said this would lead to increase in finance cost and also affect housing demand during the festive season. #Reserve Bank of India #NewsTracker #Rate hike #Raghuram Rajan #Real estate pricing
Forget South Mumbai, suburban voters may just be the next kingmakers

Aug 21, 2013

Forget South Mumbai, suburban voters may just be the next kingmakers

Despite the total number of voters in Mumbai increasing by 2 percent at 98.14 lakhs, compared to 95.94 lakh in 2009, the city has seen a dramatic shift in demographics, which may in some way be related to real estate prices. #Politics #India #Mumbai #realty #Real estate prices #Voters
Psst: The worst might be over in the realty slump

Dec 10, 2012

Psst: The worst might be over in the realty slump

On the face of it, it looks like real estate companies will continue to post a drop in profits, as they have been doing for the last seven quarters. But sale momentum due to new launches has seen an uptick in the second quarter of FY13. #NumberCrunching #builders #Real estate #Real estate prices #India property market #Credai r
Realty: RBI, FM reading the same but from different pages

Nov 29, 2012

Realty: RBI, FM reading the same but from different pages

Looks like the Reserve Bank of India and the finance ministry are again at loggerheads. However, this time it is not over interest rates, but over taming soaring realty prices. #RBI #Chidambaram #NPA #bank loans #Real estate prices
Want a house in Mumbai? You better live 300 years

Apr 11, 2012

Want a house in Mumbai? You better live 300 years

The cost of owning a home in Mumbai is at least 308 times the average annual income in India. #didyouknow #Shanghai #Real estate pricing #Navi Mumbai #Knight Frank LLP
Mumbai realty: a record 32,000 flats unsold

Nov 03, 2011

Mumbai realty: a record 32,000 flats unsold

Up to 32,000 flats in Mumbai are unsold and waiting for an owner, according to a report in Hindustan Times. That's an all-time high. #HowThisWorks #Real estate pricing #Mumbai metropolitan area
Who'll blink first in Mumbai: home buyers or builders?

Aug 02, 2011

Who'll blink first in Mumbai: home buyers or builders?

Real estate developers in Mumbai not only hang on to the home inventory but also do not cut prices hoping that buyers would pay a higher price each year. This is simply against the basic law of economics. #Business/Finance #numbergame #Real estate pricing #real estate market