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Real Estate Forum on Mumbai Property Markets

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Omkar Kanjurmarg is best residential project for every earning class which is instituted nicely at auspicious place Kanjurmarg in Mumbai. Here you can find your dream home in form of 2 BHK, 2.5 BHK and 3 BHK flats. Omkar Kanjurmarg is surrounded with lush Green Park through many regions which is expended till your eyes can reach. This project has the largest real estate property in Kanjurmarg which has been converted into the great residential location by the esteemed name Omkar group.

http://www.omkarkanjurmarg.newprojectlaunch.in/
Latest Answer: Hey, I've also Good information of Kanakia Kanjurmarg Kanakia Kanjurmarg of Mumbai is getting transformed due to the extensive phase of development. Being a huge business capital of India, the city of Mumbai is nowadays systematic ahead with the high-end and unorthodox realty concepts. When it comes to the creativity and lifestyle, Kanakia Spaces Pvt. Ltd is one of the renowned realty giant functional in various prime locales with numerous unorthodox depictions To know more information visit us: http://www.kanakiakanjurmarg.in/
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Q: New residential launches and sales declined sharply in 2015.
Latest Answer: Hi folks, You will be glad to know that during Prime Minister Narendra Modi's foreign trips that have helped India to attract more FDI. From the nations they visited during the financial year 2014-15, India received FDI of USD 19.78 billion. Moreover, foreign direct investment (FDI) in India increased by 27% in 2014-15 to USD 30.93 billion. In other fronts as well, it is time to monitoring on how 2015 was for the real estate sector, and to clear look into 2016.
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Q: Mumbai property market in 2015 started with a lot of hope, but the year did not play out as anticipated partly because of pricing.
Latest Answer: Hi folks, Good discussion!!!! But these reduction may not look so attractive enough for buyers to change their buying decision. May be it cab be changed in long term. Developers are interested to reduce their inventory level, and are offering discounts and better deals. This would definitely attract buyers and investors.
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Q: Around 6000 luxury apartments costing more than Rs. 5 cr waiting for buyers.

Latest Answer: That could be the one reason for inventory pile up. Many flats have been under-construction for a long time, because there are not getting enough buyers at the moment as everyone is playing a wait-and-watch game.
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Q: Yes, it seems that real estate looks for a revival.
Latest Answer: Hi Puneet and Harmeet, But this trend is not seen everywhere as domestic price is not that cheerful. Local property brokers in Mumbai also look less convinced as markets continued to be slow.
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Q: Chairman Of Aditya Birla Group, Kumar Mangalam Birla is ready to pay Rs 425 crore for sea facing Jatia House in South Mumbai.
Latest Answer: It is heard that the Kumar Birla defeat 5 bidders by a small margin for the 30000 sq-ft. bungalow. Out of 5 3 were industrialist and 2 were realty developers including Piramal Realty. The 2nd highest bid was for Rs. 415 crore and the lowest bid was for Rs. 395 crore.
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Latest Answer: It is also notable that Mumbai and Delhi NCR are struggling with inventory more than the rest of the cities. In some of the other cities like Pune or Bangalore, the balance is very much there, we don't anticipate any price correction but NCR, MMR and the border areas of several cities where too much of activity has happened these areas have grown too fast for the appetite of that area, prices should come down.
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Q: People want to register before the state's new ready reckoner regime came into effect on January 1.
Latest Answer: The Maharashtra government, last week only increased the ready reckoner rates by 40 per cent. Builders are planning to take the hint and increase prices further. Delhi also saw a raise in circle rates by 20 per cent across the areas in September last year.
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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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