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  • Will Mumbai builders succeed in doing what the planners of Navi Mumbai had first intended? Oct 09, 2021 10:33 AM IST

    Will Mumbai builders succeed in doing what the planners of Navi Mumbai had first intended?

    Navi Mumbai was developed to decongest Mumbai. Big developers may bring a level of professionalism to the real estate sector in Navi Mumbai, but to succeed, they will need to start thinking differently.

  • PharmEasy founder Siddharth Shah buys apartment in Mumbai for Rs 40 crore Aug 24, 2021 04:41 PM IST

    PharmEasy founder Siddharth Shah buys apartment in Mumbai for Rs 40 crore

    Online pharmacy chain PharmEasy had recently acquired Thyrocare. The apartment is located off Carter Road at Khar West in Mumbai.

  • Wadhwa family buys apartment in own project for Rs 80 crore in Mumbai’s Khar Aug 16, 2021 06:52 PM IST

    Wadhwa family buys apartment in own project for Rs 80 crore in Mumbai’s Khar

    The apartment is spread across three floors and covers an area of 5,254 sq ft.

  • Mumbai real estate: Respect all religions. But only from a distance Jul 10, 2021 07:46 AM IST

    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.

  • MahaRERA orders refund with interest for Hamara Ghar homebuyer Jun 21, 2021 01:44 PM IST

    MahaRERA orders refund with interest for Hamara Ghar homebuyer

    Regulator says developer failed to hand over flat as promised after 42 months; project remains incomplete

  • The consolidation story in Mumbai real estate hits a roadblock Jun 15, 2021 11:40 AM IST

    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.

  • In one of India’s biggest high-rise deals, Raheja promoters retain apartments worth Rs 426 crore in Worli May 28, 2021 10:55 PM IST

    In one of India’s biggest high-rise deals, Raheja promoters retain apartments worth Rs 426 crore in Worli

    The project named Artesia, an iconic stand-alone 45-storey tower, has an expansive view of the Arabian Sea and the Bandra Worli Sea link.

  • Maharashtra RERA directs Acme Housing to pay interest on 21 months of delay May 21, 2021 09:46 AM IST

    Maharashtra RERA directs Acme Housing to pay interest on 21 months of delay

    Some home buyers in the Alpinia project in Thane were expecting to move in by late-2017. The order says buyers will get interest at 9.3 per cent for every month of delay from July 1, 2018 to March 3, 2020.

  • Maharashtra housing regulator imposes Rs 10 lakh penalty on Radius Developer May 15, 2021 06:11 PM IST

    Maharashtra housing regulator imposes Rs 10 lakh penalty on Radius Developer

    The housing regulator finds the developer guilty of violating Section 13, awards refund to Ten BKC project homebuyers.

  • Mumbai’s home owners finally start to see redevelopment reality May 08, 2021 02:22 PM IST

    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.

  • How will Mumbai real estate shape up with the second wave of COVID-19? Apr 25, 2021 07:58 AM IST

    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'.

  • DMart's Radhakishan Damani buys Malabar Hill house in one of the costliest real estate deals in Mumbai Apr 03, 2021 06:55 PM IST

    DMart's Radhakishan Damani buys Malabar Hill house in one of the costliest real estate deals in Mumbai

    At Rs 1.6 lakh per sq ft for the 5,752 sq m house, the Damani brothers paid a total of Rs 1,001 crore.

  • Mumbai’s rush for premium flats continues with Rs 64.48 crore Tardeo deal Mar 30, 2021 04:39 PM IST

    Mumbai’s rush for premium flats continues with Rs 64.48 crore Tardeo deal

    Mumbai’s super-rich are buying properties in droves days before the cut in stamp duty lapses. The number of deals registered this month are estimated to be more than four times the number in March 2020.

  • Developers, it's time to start communicating with your customers Mar 27, 2021 12:29 PM IST

    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

  • Navi Mumbai has a thriving real estate market, but it should avoid Mumbai's mistakes Feb 23, 2021 02:59 PM IST

    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.

  • Mumbai’s luxury rental market bounces back, many deals sealed at pre-COVID rates Feb 17, 2021 11:28 AM IST

    Mumbai’s luxury rental market bounces back, many deals sealed at pre-COVID rates

    January 2021 witnessed the highest number of rent agreements registered in the last five years. As many as 22,655 agreements were registered during the month, against the 21,220 in January 2020.

  • Maharashtra real estate premium cut: Ball is now in developers’ court Jan 08, 2021 12:42 PM IST

    Maharashtra real estate premium cut: Ball is now in developers’ court

    With the stamp duty cut and FSI premium reduction, the state government has helped real estate companies, potentially spurring demand especially in Mumbai. Will industry help itself now?

  • Bollywood actor Janhvi Kapoor buys triplex worth Rs 39 crore in Mumbai Jan 07, 2021 04:54 PM IST

    Bollywood actor Janhvi Kapoor buys triplex worth Rs 39 crore in Mumbai

    Dhadak actor Janhvi Kapoor took home loan of Rs 23 crore and paid a stamp duty of Rs 78 lakh to buy housing unit spread across 3,456 sq ft at Juhu.

  • Mumbai’s real estate industry needs the support of an unlikely ally — Traffic police Nov 30, 2020 12:22 PM IST

    Mumbai’s real estate industry needs the support of an unlikely ally — Traffic police

    A poll by the popular RoadsofMumbai Twitter handle reveals that 82% of prospective home buyers now keep quality of traffic as a factor in deciding the location for a home purchase in Mumbai.

  • Keep calm and get the true picture of the Mumbai Real Estate ‘boom' Nov 07, 2020 08:05 AM IST

    Keep calm and get the true picture of the Mumbai Real Estate ‘boom'

    Is the Mumbai property market really booming? Depends on the expectations. 

  • Stamp Duty Reduced: Luxury apartment sales see a spike in Mumbai Oct 28, 2020 09:34 AM IST

    Stamp Duty Reduced: Luxury apartment sales see a spike in Mumbai

    Several properties in the range of Rs 35 crore-Rs 55 crore have been registered after the state government decided to reduce stamp duty a few months ago to boost sales, post COVID-19. Housing sales are at 86 percent of pre-COVID levels in Mumbai, says report by real-estate firm.

  • Mumbai’s housing affordability problem is proving costly for its developers Aug 06, 2020 02:21 PM IST

    Mumbai’s housing affordability problem is proving costly for its developers

    A home in Maximum City is considered ‘affordable’ if priced around Rs 1.5 crore, or around $200k. Problem for the developers is that not too many people exist who can afford that sum.

  • Mumbai’s nearly trillion-dollar real estate market set to see greatest wealth erosion in history Jun 30, 2020 11:16 AM IST

    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.

  • Mumbai realty developers must quickly go public with discounts May 20, 2020 11:49 AM IST

    Mumbai realty developers must quickly go public with discounts

    A price cut will not guarantee survival but the odds of it will certainly rise.

  • Enough of the Khans, Mumbai real estate needs to find its Ayushmann Khurrana Apr 27, 2020 11:44 AM IST

    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.

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