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Mumbai Real Estate

187 posts
Panvel

Panvel Real Estate Market Sees Robust Growth

The ANAROCK Panvel Micro Market Report highlights a surge in residential property prices in Panvel, Navi Mumbai, with an 8-10% increase over the past year. The report attributes this growth to significant infrastructure developments, including the Navi Mumbai International Airport and the Mumbai Metro Line 12. With a rise in new project launches and improving rental yields, Panvel is emerging as a promising area for real estate investment and development.
Pic Credit Ajay Devgn's Instagram profile

Ajay Devgn Leases Mumbai Office Space for Rs. 7 Lakh Per Month

Bollywood actor Ajay Devgn has leased his office space in Mumbai’s Signature Tower for Rs. 7 lakh per month. The 3,455 sq. ft. property, secured with a Rs. 30 lakh deposit, features three car parking spaces and is located in a prime area known for its connectivity and business appeal. The 5-year lease underscores the high demand for commercial spaces in this vibrant part of Mumbai.
Mumbai Real Estate

Will These Three Major Redevelopment Projects Change Mumbai’s Fortune?

Mumbai is on the brink of a major transformation with ambitious redevelopment projects in Dharavi, Kamathipura, and BDD Chawl. These initiatives aim to modernize the city’s infrastructure, improve living conditions, and address historical and social challenges, promising to significantly alter Mumbai’s urban landscape and real estate dynamics.
MHADA's list of dangerous buildings in Mumbai is out/ Representational Pic

Worli Home Price Slashed: From ₹2.62 Crore to ₹2.09 Crore

MHADA has reduced home prices in its Mumbai lottery, with significant cuts across various income groups. A Worli property that was priced at ₹2.62 crore is now available for ₹2.09 crore. Other reductions include a Chembur home now priced at ₹83 lakh, and a Tardeo property down to ₹6.82 crore from ₹7.57 crore. These changes aim to make housing more affordable across Mumbai.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

Mumbai Property Registrations Rise 8% YoY in August 2024; Stamp Duty Collections Up 32%

**Mumbai Property Registrations Rise 8% YoY in August 2024** In August 2024, Mumbai’s property registrations increased by 8% year-on-year, totaling 11,735, up from 10,902 in August 2023. Despite a seasonal drop due to the monsoon, which reduced registrations by 5% from July’s 12,373, the market showed resilience. Stamp duty collections surged by 32% to ₹1,072 crore, reflecting strong buyer confidence and a high volume of transactions. Residential properties made up around 80% of the total registrations, indicating robust demand and market stability.