Latest Realty News

Worli-In-South-Mumbai-New-Housing-Destination-For-Super-Rich:-Report
Jun 23, 2016
New Delhi: Worli in South Mumbai has become the new luxury residential destination for super-rich and celebrities with the likes of Virat Kohli, Akshay Kumar and business tycoon Ajay Piramal buying properties in this area, a report said.
Need-a-'Built-in-Mumbai'-week-to-focus-on-affordable-housing-:-CM-Fadnavis
Feb 16, 2016
"With 50% of our population living in slums, we now want to start the Built in Mumbai initiative that will aim at providing cheaper homes. We will soon start a massive campaign for it," Fadnavis added.
Mumbai-realty-shows-signs-of-life-again-as-home-sales-rise-28%-
Dec 01, 2015
MUMBAI: Elusive home buyers, at least some of them, are finally returning to the Mumbai property market. Direct discounts of 5-10 per cent, reduction in apartment sizes and falling interest rates have pushed cumulative residential property sales in the last four quarters by 28 per cent compared with the corresponding period, showed a JLL India report.
MCHI-CREDAI-members-apprise-Prakash-Javadekar-of-issues-faced-by-builders-
Nov 24, 2015
MUMBAI: Members of realty developers' body MCHI-CREDAI met State Minister for Environment, Prakash Javadekar on Sunday to discuss issues related to Environment Ministry faced by builders, particularly delays in environmental clearances for real estate projects.
Air-India-to-Soon-Sell-Four-Flats-in-Mumbai-for-Rs-90-Crore
Nov 19, 2015
New Delhi: Debt-laden Air India will soon sell four residential flats in Mumbai to public sector lender SBI for about Rs 90 crore as the airline looks to raise funds by sale of certain assets.
Innovative-discounts-won't-revive-Mumbai-real-estate:JM-Financial
Nov 04, 2015
Mumbai: Innovative discounts will not be of much help in boosting house sales in Mumbai because prices are way beyond the reach of most buyers, feels brokerage house JM Financial.
UAE-developers-to-exhibit-in-Dubai-Property-Expo-on-6th-Nov’15
Nov 03, 2015
Mumbai : Dubai Property Show is going be held at Bombay Exhibition Centre, Goregaon East, Mumbai, from 6th-8th November this year, where over 35 UAE developers shall showcase budget homes to luxury apartments, beach properties, villas, furnished apartments and commercial properties at the event.
Canada-Pension-Fund-Ready-to-Invest-$2-Bn-in-Mumbai-Housing:-Maharashtra-Chief-Minister
Oct 31, 2015
Mumbai: Canada's pension fund is ready to invest $2 billion (Rs 13,000 crore at $1 = Rs 65) in affordable housing in Mumbai, Maharashtra Chief Minister Devendra Fadnavis said, in a move that would boost Prime Minister Narendra Modi's goal of providing cheap housing to millions of people.
Maharashtra-to-use-no-development-defence-zones-for-affordable-housing-in-Mumbai
Oct 30, 2015
MUMBAI: The government of Maharashtra is considering opening up land parcels under the no-development zones as well as plots belonging to Indian defence personnel in an effort to build affordable houses in Mumbai, said Prakash Mehta, minister of housing, labour & mines.
Oberoi-Realty-Launches-25-Acre-Mumbai-Residential-Project
Oct 29, 2015
Oberoi Realty has launched a 25-acre residential project in Mumbai's Borivali called 'Sky City'.
Redevelopment-on-leased-plots-in-Mumbai-gets-easier-as-BMC-simplifies-approval-process
Oct 02, 2015
MUMBAI: Redevelopment projects on Brihanmumbai Municipal Corporation's ( BMC) leasehold plots is set to become easier, as Mumbai's civic body has simplified the approval process, and more importantly, has also set a time frame for granting permission for such projects.
3-Ghansoli-land-plots-in-Navi-Mumbai-fetch-Rs-221-crore
Aug 07, 2015
NAVI MUMBAI: Three land tender plots of Cidco in prime locality of Ghansoli, sector 8, were on Thursday sold to the highest bidders for rates as high as Rs 1.61 lakh per sq metre, fetching the state agency a total revenue of Rs 221 crore through these sales.
MMR-housing-market-records-worst-half-year-post-global-financial-crisis
Jul 28, 2015
MUMBAI: Housing market in Mumbai Metropolitan Region has recorded worst half-yearly performance since global financial crisis in 2008 with around 2 lakh unsold homes and weakening sales, showed a report released by Knight Frank India for the period ending June.
Mumbai-continues-to-be-most-expensive-city-in-India:-Survey
Jun 17, 2015
Mumbai, the financial capital of the country, held its position as the most expensive city in India and is ranked above Dallas, Frankfurt and Vancouver, according to a recent survey.
Property-prices-in-Mumbai-could-rise-6%-in-2015:-JLL-
Jun 05, 2015
New Delhi: Property prices in Mumbai are expected to see an appreciation of 6% in 2015, according to property advisory firm JLL India.
I-T-to-review-big-property-deals-over-Maharashtra-tax-evasion
Jun 04, 2015
Mumbai: Suspecting massive capital tax evasions in property deals, the income-tax department in Maharashtra has sought the list of all high-value property deals in the state during last four years starting 2011-12.
Mumbaikars-to-pay-14.52%-additional-property-tax
May 27, 2015
MUMBAI: The BMC had passed the property tax proposal in which Mumbaikars would have to pay 14.52% additional property tax
Mumbai-builders-seek-changes-in-rent-rules-amid-slowdown-in-property-markets
May 19, 2015
MUMBAI: Builders amid the struggle to sell their luxury apartments due to poor demand, have now approached the Maharashtra government seeking changes in the Leave and Licence Agreement rules
In-developing-nodes'-realty-field-in-Navi-Mumbai,-illegal-constructions-rule-roost
May 16, 2015
NAVI MUMBAI: Development is the need of any city, but with it also comes many challenges
No-police-NOC-is-required-to-rent-out-property-in-Mumbai
May 12, 2015
MUMBAI: The city police on Tuesday clarified that 'no police NOC' is required to rent out your house to anyone
Mumbai-Floor-Space-Index:-Moving-up-leaves-problems-aground
May 09, 2015
Mumbai: Brihan Mumbai Municipal Corporation (BMC) has, in the plan, proposed more than a three-fold increase in the total residential built-up floor area.
As-Mumbai-awaits-new-development-plan,-real-estate-firms-withold-launches
May 08, 2015
Mumbai: The Mumbai real estate market is expected to see a further dip in new project launches
Bonanza-for-some-Mumbai-builders-who’ve-exceeded-FSI-limits
May 05, 2015
MUMBAI: The BJP-controlled state urban development department (UDD) is set to favour some builders
5-lakh-Mumbai-families-likely-to-be-hit-by-Rent-Act-amendments
May 04, 2015
MUMBAI: A state housing department plan to amend the Rent Control Act has created panic among residents
MCGM-to-fast-track-realty,-construction-permissions
Apr 28, 2015
MUMBAI: Taking a cue from Prime Minister Narendra Modi's plan to improve the conditions for doing business in India, the Municipal Corporation of Greater Mumbai (MCGM) has simplified certain approval procedures

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