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Real estate Mumbai

private forest land

Regularization of Illegal Homes On Private Forest Land In Stalemate

There are about five lakh people in Mumbai residing in flats built on private forest land. These flats are termed illegal and are waiting to be regularized. The residents of these buildings are fighting for regularization of their flats in the Supreme Court. But there is no solution for these illegal flats and their residents. […]

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Nerul

3 BHK Housing Units Fare Better in Seawoods, Nerul and Kharghar

The areas of Kharghar, Nerul and Seawoods in Navi Mumbai are seeing more 3 BHK and above homes in recent times. These units account for about 20-36% of the total number of flats being constructed in these areas in the last three months. An interesting thing to note is that buyers too prefer these kinds […]

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MHADA Plans To Redevelop Motilal Nagar Colony

Along with its colonies in other parts of Mumbai, MHADA (Maharashtra Housing and Area Development Authority) is planning to redevelop its housing colony in Motilal Nagar, Goregaon (West). The Motilal Nagar housing colony is spread over an area of 125 acres (54,45,000 sq.ft) and has about 3,700 ground-level tenements. These houses were built by MHADA […]

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Pragmatism To Drive Mumbai’s Real Estate Sector

Mumbai realtors are facing increasing inventory due to low demand and bad economic situation. However, the undercurrent indicates that the Mumbai property market may be heading for a revival. The festivals around the year end may herald the beginning of this new cycle. Pragmatism to drive realty sector Developers have went through a learning curve […]

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Housing launches within key markets drop by 59 per cent

After plenty of setbacks relating to delivery and an enormous pile-up of inventory, the numbers for housing launches seem bleak, too, hence firmly establishing the gloom story of the real estate industry. Till the month of July of this year, launches dropped by 38 to 59 per cent across key markets such as Gurgaon, Pune, […]

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