In a move that signals continued support to revive economic momentum, the Reserve Bank of India (RBI) on April 9 slashed the repo rate by 25 basis points, bringing it down to 6%. This is the second successive cut by […]
RBI’s second consecutive rate cut brings hope for homebuyers, developers alike Read More »
In a move that is set to impact property buyers, sellers, and real estate investors across Maharashtra, the state government has officially announced an upward revision in Ready Reckoner Rates (RRR) for the financial year 2025-26. The revised rates, which
The Goregaon-Mulund Link Road (GMLR) is set to revolutionize Mumbai’s real estate dynamics by significantly enhancing connectivity between the eastern and western suburbs. This ambitious 12.30 km-long project, featuring 6.65 km twin tunnels under the Sanjay Gandhi National Park (SGNP),
GMLR to transform real estate of Central & Western Suburbs Read More »
The Reserve Bank of India today cut interest rate by 25 basis points. While this will immensely benefit home loan borrowers, however, developers have urged banks to pass on the benefit of the rate cut to consumer so as to
Developers urge banks to pass on the rate cut benefit Read More »
The Maharashtra government has proposed raising the height limit for high-rise buildings from 120 to 180 metres, a move that would require approval from the BMC’s Technical Committee. Currently, a 120-metre structure accommodates approximately 40 floors, but with the proposed
Maharashtra considers raising building height cap to 180 metres Read More »
Mumbai City, under the Brihanmumbai Municipal Corporation (BMC) jurisdiction has registered its highest January property registrations in 13 years, reflecting the city’s sustained real estate momentum. According to property consultant Knight Frank India, approximately 11,773 properties were registered in January
Mumbai records highest January property registrations in 13 years Read More »
The Budget 2025-26 presented by Finance Minister Nirmala Sitharaman today though disappointed on affordable housing but a host of other measures like income tax rebate and spending on urban infrastructure will give a boost to housing sector, specifically affordable and
Budget 2025-26: Developers say expected more direct support to real estate sector Read More »
Mumbai’s central suburbs have long been synonymous with excellent connectivity, green spaces, and burgeoning residential developments. As per Knight Frank, in December 2024, the Central Suburbs experienced the most significant growth in property registrations, increasing their share from 29% to
Mulund: A prime residential hub in Mumbai’s central suburbs Read More »
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025-26 on February 1, 2025. Developers in the MMR region, one of the costliest real estate destinations in India, are hopeful that the policy initiatives and reforms that can
Mumbai’s real estate market has achieved a historic milestone in 2024, registering over 1.41 lacs property registrations marking an 11% increase from the 1,26,937 properties registered in 2023, according to data sourced from the Inspector General of Registration and Controller
Mumbai developers say demand buoyant as city records highest property registrations Read More »
