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properties in Mumbai

real estate pragmatism

Pragmatism To Drive Mumbai’s Real Estate Sector

Mumbai realtors are facing increasing inventory due to low demand and bad economic situation. However, the undercurrent indicates that the Mumbai property market may be heading for a revival. The festivals around the year end may herald the beginning of this new cycle. Pragmatism to drive realty sector Developers have went through a learning curve […]

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Mumbai development plan

Proper Development Plan Holds Key for Better Social Amenities in Mumbai

The development plan (DP) for the city of Mumbai for the period of 2014-2034 is currently under way and Mumbai’s hopes for better social amenities are pinned on this plan. The development plan is a blueprint for developing the city for 20 years in which, land is reserved for various purposes depending on citizens’ needs. […]

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Mumbai to See Demand Surpassing Supply in Next Five Years

According to experts, the city of Mumbai will see the demand for housing units enormously outstripping the supply in the next five years. According to Cushman & Wakefield, a global real estate consultant, Mumbai may expect an additional demand of approximately 2,25,000 units in the next 5 years while the supply is expected to be […]

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FSI For Redevelopment Projects To Be Increased

With plans of increasing redevelopment of old dilapidated buildings in Mumbai, the stakes of redevelopment are high. With increasing stakes, the Maharashtra state government has decided to hike the incentive FSI available for redevelopment projects from 2.5 to 3. With the recent collapses of buildings in Mumbai and Thane, about 5,000 old and dilapidated buildings […]

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Further price corrections may not be plausible

With the rapidly approaching, auspicious festive season for property selling or purchasing, numerous prospective and potential buyers are planning to proceed with their property investment plans. However, the potential buyer should consider the factors such as whether or not the market is ripe for a price correction and provided the current state of the economy, […]

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