BUSINESS
Mumbai’s nearly trillion-dollar real estate market set to see greatest wealth erosion in history
Whichever value one adopts it is clear that the stakes in Mumbai real estate are very high. At a valuation of $800 billion, it is equivalent to 43 percent of India’s total stock market value and 29 percent of GDP.
BUSINESS
India’s real estate industry should not follow Bollywood and instead welcome the outsider
Sushant Singh Rajput battled a hostile industry in Bollywood. His real estate equivalent should not face the same challenge.
EXPERT-COLUMNS
No bailout is coming; Mumbai real estate industry should now lobby for the right bureaucrats
Interest rate cut or rise in FSI makes good headlines but the revival of real estate will no longer depend on announcements but on a set of execution specialists.
BUSINESS
Dear real estate players, act on Piyush Goyal's advice
Developers should cut prices, advertise and attract demand. The grand posturing of holding rates is only hurting them.
BUSINESS
Home loan defaults can put personal wealth in jeopardy. Here is how
Homebuyers who took subvention schemes to buy apartments are seeing a sharp fall in prices. They might — grudgingly— continue to pay loans, but what about people who lost their jobs? That’s where things get messy.
EXPERT-COLUMNS
India’s realty sector needs to reform itself before seeking lifeline from Modi
At its core – the industry needs improvement in its governance and transparency culture to gain the trust of its audience.
EXPERT-COLUMNS
Mumbai realty developers must quickly go public with discounts
A price cut will not guarantee survival but the odds of it will certainly rise.
BUSINESS
The Mumbai real estate bumper sale has begun
The ask price across the board has fallen in the 10-15 percent range according to a poll of brokers.
BUSINESS
Subvention scheme a ticking time bomb: Mumbai real estate set to get taste of crisis like Noida
A clash between a betrayed home buyer, an abandoned lender and a cash-strapped developer is imminent.
BUSINESS
Enough of the Khans, Mumbai real estate needs to find its Ayushmann Khurrana
Much like Bollywood, Mumbai real estate needs to also evolve and upgrade. Time is running out.
BUSINESS
Mumbai authorities will rue the demolition of the real estate industry
In Mumbai, it is the state government and the BMC that have made homeownership so prohibitively expensive.
BUSINESS
Real estate project with the smallest apartment in India offers the biggest lessons to Mumbai developers
While real estate has moved from being a wild industry into something mildly organised in recent years, the bigger battle lies in raising the average standard of delivery.
