Developers Unveil Special Offers to Boost Housing Demand During Navratri

As Navratri approaches, Mumbai’s leading developers are unveiling enticing offers to attract homebuyers. With rising property prices and interest rates, this festive season is an ideal time for prospective buyers to invest in their dream homes. Tridhaatu Realty and Group Satellite are among the developers offering special deals, including flexible payment plans and additional perks.

CREDAI-MCHI Launches Exhibition to Streamline Redevelopment in Mumbai

CREDAI-MCHI has launched the inaugural “Ease of Doing Redevelopment (EODR)” exhibition in Mumbai, aimed at simplifying the redevelopment processes for over 900 housing societies. The event features direct interactions with more than 40 developers and includes the release of a comprehensive report on the redevelopment landscape, highlighting key industry players and insights into effective strategies.

Enhanced Connectivity and Redevelopment Fuel South Central Mumbai’s Real Estate Boom

South Central Mumbai is experiencing a remarkable real estate transformation, with old buildings making way for luxurious high-rises. Enhanced connectivity from new infrastructure projects, including the coastal road and Metro Line 3, is attracting homebuyers to this historically rich area. As capital values rise and demand for housing increases, South Central Mumbai is emerging as a prime market that offers more than just residences—it’s becoming a desirable lifestyle choice.

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.

Office Demand Surges with 47 Million Square Feet Leased in First Nine Months of 2024

In Q3 2024, India’s office space demand soared to 17.3 million sq ft, marking a 31% increase year-on-year, bringing total leasing in the first nine months to 47 million sq ft. Bengaluru and Hyderabad drove this growth, with technology and BFSI sectors leading the charge. New supply also surged, reflecting strong developer confidence in the market.