Real Estate


Voltas puts Mumbai property in block

Money Control 31.10.2012
Jumeirah Group moves into India with Mumbai property

Jumeirah Group, the global hospitality company and a member of Dubai Holding, has signed a management agreement to operate a luxury hotel in central Mumbai, India.

Voltas puts Mumbai property in block

Voltas has put one of its Mumbai property in block, which could fetch approximately Rs 75 crore, reports CNBC-TV18. At 09:35 hrs Voltas was quoting at Rs 111.25, up Rs 1.45, or 1.32%.

Mumbai's leased land to attract annual rent based on ready reckoner

MUMBAI: The land properties in Mumbai city and suburbs given on long lease by the government will now be charged a new lease rent based on ready reckoner rates as and when they come for renewal. The Maharashtra cabinet gave its approval to this hike in rent rate on Tuesday. As a result of this decision the lease rents in Mumbai will go up in some cases by about 18,000 times.

Mumbai property sales registrations continue to fall

Bangalore: Mumbai property sales registrations declined for the third month in a row, as developers launched fewer projects and approvals for a large number of projects are still pending.

Mumbai's real estate crashes, suburbs turn attractive

Skyrocketing real estate prices in Mumbai and global economic conditions have badly hit Mumbai's real estate sector with sales falling by nearly 70 per cent.

Mumbai slips behind Pune, Delhi in home-loan demand

MUMBAI: Mumbai has fallen by the wayside in the mortgage market rankings as record realty prices keep customers away, say real estate and home finance executives.

East India Hotels to manage Reliance property in Navi Mumbai

KOLKATA: East India Hotels (EIH), which owns and manages the Oberoi and the Trident brand hotels, would enter into a management contract with Reliance for the latter's property in Navi Mumbai, chairman P R S Oberoi said today.

Property prices in Mumbai set to increase 20%

Mumbai home prices could rise by 15 to 20 per cent every year over the next five years due to heavy demand from buyers, shows a new study by a unit of ICICI Home Finance.

Property in Mumbai

The Economist 08.06.2012
Why Mumbai’s Real Estate Market Is Still Red Hot

A 28th floor apartment in south Mumbai, facing the Arabian Sea, sold for a record-setting 390 million rupees ($6.8 million) this month, underscoring the dichotomy in India’s property market where prices remain stubbornly high, even as the economy falters and the currency nosedives.

Property in Mumbai

IN THE minds of Mumbai residents, whether they sleep on streets or silk sheets, property developers loom large. In films and novels, skyscraper-erecting baddies bring wealth and renewal—and often misery and violence. Yet in reality, buildings do not loom as large as you might think in Mumbai.

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