Realty Bill may open new doors to transparent, secure home buying
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Tue, 6/12/11 – 15:41 | No Comment

For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on …

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Articles tagged with: Mumbai

Mumbai developers await amendment of FSI policy
Wednesday, 3 Mar, 2010 – 11:05 | No Comment
Mumbai developers await amendment of FSI policy

Last few months have witnessed a drop in proposals for buildings in Mumbai, with developers keeping their plans on hold in anticipation of a policy that would give them a high vertical limit.
The Maharashtra government …

Kumar launches sky villas in mumbai
Wednesday, 3 Mar, 2010 – 10:24 | No Comment
Kumar launches sky villas in mumbai

With the real estate market gradually recovering from the economic downturn, the economic downturn, builders have once again started constructing luxury houses in Mumbai, saying demand has been rising steadily.
Pune-based developer Kumar Urban Development KUDL …

Home prices almost back to 2007-08 levels
Wednesday, 3 Mar, 2010 – 10:15 | No Comment
Home prices almost back to 2007-08 levels

Apartment prices at Planet Godrej, a premium residential property developed by Godrej Properties in the tony Mahalaxmi area of Mumbai, had come down to as low as Rs 17,000 to Rs 18,000 a sq ft …

Commercial realty back in business in mumbai
Wednesday, 3 Mar, 2010 – 10:00 | No Comment
Commercial realty back in business in mumbai

Commercial real estate may not have got over the slowdown blues, but it has not stopped developers from showcasing innovative designs to draw their clientele.
Kanakia Spaces, which has just about completed its 1.2 million sq.ft …

Mumbai’s Nariman Point is fifth most expensive
Tuesday, 2 Mar, 2010 – 16:04 | No Comment
Mumbai’s Nariman Point is fifth most expensive

Nariman Point in Mumbai area is the fifth most expensive office location in the world with an average annual rental of $107-per sq ft, according to survey conducted by Cushman & Wakefield realty services firm.
This …

Cement prices touch new high
Tuesday, 2 Mar, 2010 – 12:12 | No Comment
Cement prices touch new high

Cement companies across the company have increased the price of the commodity in the range of Rs10 to Rs12 a bag, to offset the twin effects of the excise duty hike and the rise in …

Better construction techniques at lesser cost
Tuesday, 2 Mar, 2010 – 11:24 | No Comment
Better construction techniques at lesser cost

Innovations and new methods in construction abound and they help reduce cost, time and improve quality. Adopting new technologies is important as they bring in a systematic way of working, maximise output in a short …

Office rents in Mumbai twice that in Manhattan: Knight Frank survey
Wednesday, 24 Feb, 2010 – 10:13 | No Comment
Office rents in Mumbai twice that in Manhattan: Knight Frank survey

Office rentals globally are expected to remain stable or increase in 2010, according to global property consultancy firm Knight Frank’s annual projection for the year. Tokyo continued to command the highest office rents in the …

Lower land costs and transparency attract Mumbai builders to Gujarat
Tuesday, 23 Feb, 2010 – 13:16 | No Comment
Lower land costs and transparency attract Mumbai builders to Gujarat

Many Mumbai-based developers are shifting focus to the the neighbouring state of Gujarat owing to the stagnating real estate market in Mumbai. Developers such as Godrej Properties, Ackruti City, Ravi Group, K Raheja Group, Sahara …

Incomplete Projects Creating Problems for Unitech
Wednesday, 17 Feb, 2010 – 13:08 | No Comment
Incomplete Projects Creating Problems for Unitech

Developer Unitech’s Rs 2,022 crore inflow from sale of part stake in the telecom business will bring down its debt, but it may not be time yet for investors to grab the stock as the …