Mumbai realty prices grew highest globally from 2005
In Mumbai sales registrations for July 2011 are down 31% to 5,047 as against 6,500 in July 2010, pointing to the continuing downtrend, said real estate analysts for Prabhudas Lilladher.
In Mumbai sales registrations for July 2011 are down 31% to 5,047 as against 6,500 in July 2010, pointing to the continuing downtrend, said real estate analysts for Prabhudas Lilladher.
Jones Lang LaSalle has launched a separate office in Andheri, Mumbai’s burgeoning commercial district.
The Mumbai commercial property market has displayed resilience in the recent past.
Real estate stock of office premises in Mumbai has been going through a slump for the last 14 financial quarters.
Godrej Properties Ltd (GPL), the real estate development arm of the Godrej Group, has concluded a Rs.500 crore deal with Jet Airways to develop the latter’s two-acre plot in the Bandra Kurla Complex.
DB Realty Ltd has reportedly sold off its 50% stake in a south Mumbai property to the Adani Group.
The new Development Control Rules applying restrictions on redevelopment projects in Mumbai will defeat the very purpose of the redevelopment scheme and lead to immense social injustice.
The fact that Mumbai has once again been targeted by terrorists begs the question – what are the immediate and long-term implications of this continued focus by disruptive forces on the city?
A family is refusing to budge from their home in Mumbai to make way for a new luxury apartment block being built by billionaire US property tycoon Donald Trump.
The agency that runs the Mumbai airport plans to make thousands of crores by selling off part of the land in pricey Andheri that had been given to it for improving facilities.