Festival Season Gives New Hope to Real Estate Builders

Mumbai real estate builders expressed their hope of getting a festive turnaround. Real estate Property exhibition held at Mumbai had really showered some rays of hope to the developers.

Own your home during this festive season for real estate

Own your home during this festive season for real estate

Festive season is always considered as the most suitable time for residential purchasing. Real estate Property exhibition held at Bandra-Kurla Complex concluded on Sunday. Continue reading

Falling Demand Forces Real Estate to Bid Small Offices

Mumbai Real estate firms sell out their small office space due to lower demand. Corporates and financial institutions do not raise any demand for office space.

lower real estate demand

REAL bElow STATE  of demand

Real estate firms are forced to sell smaller offices by dipping demand. Some of the prominent property developers like Wadhwa Group, Hubtown, Lodha Developers, Kanakia, etc. have started selling of their smaller office spaces. Continue reading

Mumbai Real Estate termed Investor-Unfriendly by CREDAI

CREDAI showed discontent over the unsupportive policies of the MH govt. by terming Mumbai real estate as “investor unfriendly.”

Bye Bye to Mumbai Real estate

Bye Bye to Mumbai

CREDAI is dissatisfied with the existing Mumbai real estate conditions. This unfriendly atmosphere of Mumbai leads CREDAI to shift their investment plan to Gujarat. Continue reading

Government’s Surplus Land Selling Boosts Real Estate

The higher financial stress of the Government makes them think of selling or leasing of the surplus land. This will provide more land for construction in metropolitan cities like Delhi, Kolkata, Mumbai and other such notable cities of India.The decision will boost the real estate growth. Realty firms are sure to cast their hawk’s eye on this land and make the profit out of it. Continue reading

Mumbai Real Estate Price Crashes Again

Mumbai real estate price witnessed a slight fall in recent years. Knight Frank a well-known Market Research Firm reported that the property price has gone down in many Mumbai markets. Many realty firms suffered loss as sale has gone down by 70%.  Higher growth of interest and the stingiest Housing Loan Schemes pulled the demand down. It is estimated that around fivefold increase in the interest rate happened during 2008 to 2012. Moreover the RBI keeps very strict with providing house loans. The housing loans are reduced with a view of curtailing the over flow of money. Continue reading