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Real Estate Forum on Mumbai Real Estate

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Good appreciation rate and location
Latest Answer: Hello, Lodha Codename Central park is the most awaited project for possession in Dombivali, which can prove to be the best investment idea. Lodha is the highest quality work provider brand in the market. It has developed Lodha Palava City "Codename Golden Tomorrow" which is spread over 45000 acre. They offer the best amenities wiht best price and EMI details.
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Q: RBI will take some necessary steps to improve the ''ease of doing business''in the country.
Latest Answer: Very Good morning Vineet ji, It is seen last month that Prime Minister Narendra Modi unwrap many incentives to boost start-up businesses, offering them a tax holiday and inspector raj-free system for 3 yrs, capital gains tax exemption and Rs 10000 crore corpus to fund them.
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Q: Good news for home-buyers. Launching prices for mid-segment new residential projects witnessed 4-20% drop in 2015 in select micro markets of Mumbai, NCR and Bengaluru.
Latest Answer: As per a report, the submarket of Malad witnessed ticket size reduction by 15% in spite of average launch prices (mid segment) declining by only 8% primarily due to significantly reduced average unit sizes. Thane and Goregaon witnessed a decline in Average Weighted Basic Sale Price by 18% - 20% as well as reduced ticket size of new projects in 2015 compared to 2013.
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Q: KKR India Asset Finance Pvt. Ltd. has invested about Rs.700 crore in Gurgaon, Bengaluru and Mumbai projects in back-to-back transactions.
Latest Answer: Thanks Bashir and Aruabha, Can you give me the brief idea about KKR India Asset Finance? When was the company came into existence?
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Q: Mumbai is 4th on the list of emerging world cities after Shanghai, Beijing and Dubai.
Latest Answer: And it is only possible when emerging cities need to solve three major barriers to growth and success, which include aspects like how to build and sustain multiple sources of investment for infrastructure and development, attract talent and bridge local skills gaps, and organise and co-ordinate metropolitan space.
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Q: Mumbai real estate has been witnessing a bearish movement over the last couple of yrs. due to bad economy and sky-rocketing property prices in the city.

Latest Answer: What about Malad West real estate?
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Q: When can I make money in real estate?
Latest Answer: So, before go for buying, check the documents. Made sure that all dues to the builder have been paid by the previous owner in case of a resale. If payments to the builder are pending, the price should be adjusted accordingly. More importantly, early stage development involves significantly higher risks stemming from uncertainty around their permissions, funding, delivery, and often results in delays.
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Q: Residential sales increased by 28% in Mumbai suggests positive sentiment gradually returning to the market.
Latest Answer: Apart from that, land is a very scarce resource in Mumbai. Mumbai has either mill land (most of which is already bought and developed) or factory land or slum-encroached/ redevelopment land (and developing either of the two involves complicated procedures). The government does not have any land to offer. Due to these reasons and because many developers have bought land at market prices, developers cannot reduce their prices further. Many developers would rather prefer to hold supply/ construction than bring down prices and bear losses.
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Q: Slow trend of some sales in the country, Oberoi Realty has managed to sell 68% of Oberoi Sky City in Borivali within 2-days of launch.
Latest Answer: Hi all, But we can not say that there was revival in demand. Still the situation of real estate market is same. Consumers are responding to projects from trusted developers. So the response reflects trust in a brand not an improvement in housing demand.
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Q: Bengaluru-based real estate company Ozone Group is raising about Rs.200 crore in the next one month through a mix of private equities and debts to fund its first residential project in Mumbai

Latest Answer: Right Krupa, Ozone Group is currently developing a 42-acre township Metrozone in Chennai. It is also in the process of delivering phase-3 of its 160-acre project located in the suburbs of Bengaluru. Overall, the company has more than 10 million sq-ft under construction.
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