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Real Estate Forum on Residential Properties In Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: What are the factors that have been driving Mumbai's real estate prices so high over the years?
Latest Answer: Yes, in Mumbai, the real estate prices are growing day by day and people are in search of luxurious flats with all the modern amenities. As inflation has reached a great hike, residential property rates will also increase.
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Q: Hi, would Lower Parel be a good rental location with a green advantage in Mumbai? How?????
Latest Answer: Hi Sanjay, As per the local body, they plan to develop 8 smaller green spaces for cycling tracks, senior citizens' walk area, children's play gardens and designated lawns for yoga, in Lower Parel. Other projects in the offing include a cleaning campaign at DC Road and improved maintenance of existing parks in the area.
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Q: Hi, Maharashtra was once ahead of all other states in the country in setting up special economic zones (SEZs). But it seems to me that the city is fa behind compare to the other city setting up SEZ. Why?
Gurmeet

Latest Answer: Hi Richa & all, As per the Land rights activists, SEZs which are not taking off be denotified and the land returned to the original owners. In many cases it is found that developers acquired the land with the intention of removing the SEZ later and taking advantage of the rise in land prices.
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Q: Runwal Garden City Balkum 2bhk price?
How is the area & is the society registered?
Any issues buying a property there?
Latest Answer: Hi, To get more detail of this project click the link Runwal Garden City, Balcum Thane Or, To get best deal on this project list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.
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Q: Major property markets of the country including Mumbai, New Delhi and Bangalore are expected to witness more hunger for real estate investment with significant rise in rankings of these cities.

Latest Answer: The the report highlighted Tokyo, Jakarta, Osaka, Sydney and Melbourne as the top 5 investment destinations for 2015.
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Q: My client is Indian with British Pass port. He would like to buy residential and commercial property in Mumbai. Cost of Residential property is about 5 Cr. and commercial will also be in the same range or little more than that. Are there any restrictions or additional formalities for buying and registration.

Latest Answer: Except agricultural land, a person of Indian origin (PIO) can buy property in India. All the payments should be made through money held in NRE NRO accounts or through normal banking channels.
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