BUSINESS
As Delhi moves ahead, a new flyover in Mumbai symbolises the degeneration of the city
The Mumbai vs Delhi debate is no-brainer—India’s capital is miles ahead and India’s financial capital is a city in decay.
BUSINESS
The red-hot property market that’s challenging even Mumbai prices
What’s really driving the sky-high property valuations of Chandigarh housing?
BUSINESS
A struggling Noida market to feel the heat of SC verdict on Supertech demolition
Homebuyers at the Supertech Emerald Court fought back against a builder with a vigour that should be an inspiration for other hassled real estate customers across the nation.
REAL-ESTATE
Dear home buyers: Are you getting a “fraud alert” after hearing the term “super area”?
Super built-up area includes broadly the space outside the apartment like clubhouse, gym, lobby, etc. The gap between “super area” and “carpet area” is called “loading.”
BUSINESS
The rise of the township model and the fall of Mumbai
While home prices in Mumbai have jumped multi-fold across the board, nowhere else has there been the extent of appreciation than at Hiranandani Gardens at Powai. It started at INR 241/sqft in 1987 and today goes at INR 35,000/sqft.
REAL-ESTATE
Bombay High Court speaks the awkward truth about Mumbai slum redevelopment: It’s unfair
The economics of development projects indicates that a slum-free Mumbai is possible, but politics which rewards illegal encroachment could make that dream unattainable.
REAL-ESTATE
Mumbai real estate: Respect all religions. But only from a distance
A key inference from the Pew survey is that while Indians say it is important to respect all religions, major religious groups feel they have little in common, and want to live separately.
TRENDS
Sir George Arthur ... Charles Forjett: Five Britishers behind Mumbai’s street names - Part 3
Some of these streets have been renamed in recent years, but the old names persist in everyday exchanges among locals.
TRENDS
Sir Homi Mody ... Dadabhai Naoroji: Five Parsis behind Mumbai’s street names—Part 2
These five roads in Mumbai are named after politicians, bankers, lawyers and activists who had two things in common: one, they were Parsi, and two, they all contributed to the development of Mumbai, and India as a whole.
TRENDS
BG Kher Road … Naushad Ali Road: The people behind Mumbai’s street names—Part 1
Some of the most posh streets in Mumbai are named after personalities like Balasaheb Gangadher Kher, Naushad Ali, and Balasaheb Deoras, among others. Here's a look at these leaders' contributions, and why these particular streets (and neighbourhoods) are named after them.
BUSINESS
The consolidation story in Mumbai real estate hits a roadblock
Not good news for Mumbai’s listed developers who are banking on big market share gains.
BUSINESS
Mumbai’s real estate industry has a reputation problem, but it can be fixed
The overwhelming majority of respondents of our survey had extremely negative and nasty things to say about builders.
TRENDS
Mumbai’s home owners finally start to see redevelopment reality
Today, it is not uncommon to see builders offer incentives that are half the levels of what existed five to eight years ago. More housing societies are also being responsible in their choice of developer.
BUSINESS
Is ‘By the slice’ Pizza the next revolution in commercial real estate investment?
Fractional ownership is akin to selling a single commercial asset ‘by the slice’ to numerous investors
TRENDS
How will Mumbai real estate shape up with the second wave of COVID-19?
With the stamp duty waiver and attractive offers from lenders rolled back, and the FSI premium cut set to benefit a select few projects, the sector could go back to its pre-2020 'sluggish stability'.
BUSINESS
No crash after stamp duty hike, but a slowdown as Mumbai real estate finds its CASA
The Maharashtra government may have gotten carried away with this fleeting phase of success. For the developer that means there is a long road ahead. But one that can be crossed.
BUSINESS
Developers, it's time to start communicating with your customers
Should developers tell buyers the truth about project delays and risk a few cancellations, or withhold the facts and risk stoking the rumour mill? The choice is more obvious than they think
BUSINESS
Can outsiders conquer Mumbai’s real estate market?
Developers from other parts of the country are looking to penetrate the high-profile Mumbai real estate market. A look at the challenges they face.
BUSINESS
Checked-in? Now be careful that your ‘First-Class’ township doesn’t become ‘Economy’
The gym, swimming pool, squash or tennis courts that were appropriate for a certain number of residents become crowded as more residents utilize the same set of amenities. Hence, the home-buyer gets demoted from First-Class to Economy.
BUSINESS
Ranbir Kapoor, Bachna Ae Haseeno and Mumbai real estate
The Bollywood movie has uncanny similarities to the after-sales aspect that is commonly followed in the real estate business.
BUSINESS
Navi Mumbai has a thriving real estate market, but it should avoid Mumbai's mistakes
There are many things that Navi Mumbai does better than Mumbai in governance and administration and its developers should learn from the mistakes of their peers in Mumbai.
BUSINESS
Who is a good builder? A little snooping may be needed to find out
Extreme levels of due diligence by homebuyers are necessary to judge the quality of a real estate project developer. Below is a useful checklist for homebuyers.
BUSINESS
Mumbai Real Estate: Are you booking a home that is too small?
Homes that appeared to be worth living at the time of purchase while under construction were later deemed highly uncomfortable after completion when it was handed over to the home buyer.
BUSINESS
How research reports mask the (grim) realities of real estate
Reports by real estate consultants and analysts are typically euphoric, but they gloss over actual events, including that several transactions that were hanging were concluded due to the recent stamp duty in Maharashtra.
