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Tag Archives: Affordable Housing in Mumbai

HDIL to construct first project outside Mumbai


Mumbai-based real estate firm Housing Development and Infrastructure Ltd (HDIL) will build a 100 acre township in Noida, on the outskirts of Delhi—its first project away from its home turf. The project is crucial for the developer which hasn’t launched … Continue reading

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Mumbai: 2 years later, 5 lakh homes only on paper


Tomorrow, it will be exactly two years since Maharashtra Chamber of Housing Industry (MCHI) and the state government inked a Memorandum of Understanding (MoU). The intent was to develop five lakh affordable homes in Mumbai and the Mumbai Metropolitan Region … Continue reading

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Home sales recover in Mumbai; fall in Chennai, Bangalore


Mumbai’s residential home sales recovered from a three-year low in the quarter ended March as new projects boosted demand, according to Liases Foras Real Estate Rating & Research Sales in Mumbai, India’s most expensive property market, rose 20 per cent … Continue reading

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Is it possible 35,000 unsold flats make Mumbai cheaper for living?


If you thought property prices were high in Mumbai, you will be shocked to know that the value of unsold flats in Mumbai is around Rs 8,535 crore. And this unsold inventory will take at least another three years to … Continue reading

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Will take 3 years to clear unsold stock of flats in Mumbai


There are so many residential flats lying unsold in Mumbai that it will take more than three years to clear the stock. This means the skyrocketing price of your dream house might ease up. The value of the current unsold … Continue reading

Posted in Affordable Housing in Mumbai, Holiday Homes in India, Housing in Mumbai, International Homes, Investment Hotspots, Investment in Real Estate, NRI Investment in Mumbai Real Estate, Premium Housing, Trends in Real Estate | Tagged , , , , , , , , , , , |

Citigroup’s Rs 985 cr office space buyout biggest commercial property deal


In a dismal real estate market, US banking giant Citigroup on Tuesday closed the biggest commercial property deal. Citi bought six floors of office space in Mumbai’s Bandra Kurla Complex for Rs 985 crore to house its India headquarters, from a consortium led by the Purnendu Chatterjee … Continue reading

Posted in Affordable Housing in Mumbai, Commercial Space in Mumbai, Group Buying in Homes, Housing in Mumbai, International Homes, Investment Hotspots, Investment in Real Estate, NRI Investment in Mumbai Real Estate, Premium Housing, Real Estate Bill | Tagged , , , , , , , |

One-bedroom, studio apartments are back in Mumbai


Faced with slow offtake in big-ticket residential apartments, property developers are launching one bedroom (BHK) apartments to generate fast liquidity. Some marquee names in housing such as Hiranandani, Kalpataru, Man Infrastructure and Omkar have either launched or are launching one-BHK … Continue reading

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