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Property in Mumbai

investments 1

Jan-Sep 2013: Investments rose to 53%

Regardless of the sluggish growth projection by the RBI because of high interest rates and bummed out industrial production, the Indian realty segment still stands out as one of the most remunerative sectors of the nation. The phenomenon holds true with the fact that investment in the realty sector during the first three quarters of […]

Prabhadevi

Prabhadevi In Mumbai Faces High Property Price Variation

Prabhadevi is a prime area in Mumbai due its central location between the western suburbs and South Mumbai. It is also an example of high variation of property prices in residential real estate. The price varies from Rs. 25,000 per sq.ft to Rs. 1 lakh per sq.ft in this area. Wide range of options in […]

karthik.k

Authorities Turn Blind Eye Despite Illegal Buildings in Mumbai

Property buyers in Mumbai face two problems. First one is the skyrocketing prices in the city and the second is the number of illegal buildings in the city. There are many residential buildings in Mumbai which either don’t have the necessary legal documents or have flouted buildings norms. Experts say that authorities tend to turn […]

karthik.k

41% Property Buyers Prefer Western Suburbs

According to latest consensus, about 41% home buyers in Mumbai prefer to buy properties in western suburbs of Mumbai. This includes areas of Borivali, Bandra, Andheri, Malad, Kandivali and Goregaon. The key factors for this sentiment are the region’s proximity to commercial destinations, accessibility to these destinations and cheaper property prices compared to South Mumbai. […]

karthik.k

Delay In Infrastructure Projects Hit Property Prices

There are several infrastructure projects across the country that have been delayed due to several reasons. Delay in these projects hit property prices in those areas. This could be good as well as bad news for property buyers as well as developers. According to a report from Standard and Poor’s, several projects are finding it […]

karthik.k

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