50k Homebuyers Register for Property Expo in Mumbai

The HOMETHON Property Expo 2024 in Mumbai has attracted over 50,000 registrations, highlighting a strong demand for sustainable housing. Set for October 4-6, the expo will showcase more than 1,000 projects, emphasizing climate-friendly practices and exclusive offers for homebuyers.

LIG Receives Highest Applications in MHADA Mumbai Board Housing Lottery 2024

The Mumbai Housing and Area Development Board (MHADA) reports an overwhelming response to its 2024 housing lottery, with the Low-Income Group (LIG) receiving the highest number of applications—61,571 for just 627 units. This reflects the persistent demand for affordable housing in Mumbai.

NAREDCO Maharashtra to Host Real Estate Expo in Mumbai

NAREDCO Maharashtra will host HOMETHON 2024, India’s largest real estate property expo, from October 4 to 6 in Mumbai. The event will feature over 1,000 projects from leading developers and offer special incentives for homebuyers, alongside attractive financing options.

Maharashtra Government Announces Affordable Housing Scheme for 5,000 Dabbawalas

The Maharashtra government has announced an affordable housing scheme to provide 5,000 dabbawalas with homes under PMAY. The project, located on a 46-acre site in Thane, will feature 500 sq ft homes costing up to ₹25 lakh. MHADA will oversee the development, and the state government is considering a reduction in prices following requests from the dabbawalas.

Know How Much your Housing Price will Increase?

A Reuters poll forecasts a 7.8% rise in India’s house prices for 2024, primarily driven by luxury real estate demand. The CREDAI Housing Price Tracker reveals substantial price hikes in Bengaluru, Hyderabad, and Delhi NCR, while Mumbai’s prices remain stable.