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residential units in mumbai

Thane

Housing In Thane May Get Dearer Soon

Most localities in Thane may soon become dearer once the Ready Reckoner (RR) rates for the state are declared. The Maharashtra state government will announce the RR rates on January 1st 2014. The rates are expected to increase by 10-15% in most locations in Mumbai and Thane compared to last year. Sales of residential units […]

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FSI for redevelopment

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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Mumbai Property Trends in Quarter April-June 2013

Overview of Mumbai property trends The number of residential units launched in Mumbai in the quarter April-June 2013, shows an increase of almost 50% compared to last quarter. One major contributor to this is a large township project in Panvel. Of the 11,000 units launched this quarter, 68% cater to the mid-end segment while 31% […]

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