Browsing Tag

thane real estate

12 posts
Mumbai

Mumbai’s Real Estate Boom: A Developer’s Perspective on Rising Property Registrations

Mumbai’s real estate market is booming, with record property registrations fueled by favorable government policies, evolving buyer preferences, and strategic developer initiatives. In Q3 2024, the Mumbai Metropolitan Region (MMR) captured 32% of India’s total real estate market share, driven by strong demand for mid-income and affordable housing in suburban areas like Thane, Navi Mumbai, and Panvel. Developers are adapting by offering attractive festive discounts, virtual property tours, and focusing on modern amenities and improved connectivity to meet the changing needs of homebuyers.
Metro Group

Metro Group Unveils ‘The Presidential’ in Thane with India’s First Live Construction Tracker

Metro Group has launched The Presidential in Thane, a luxury residential project that introduces India’s first Live Construction Tracker. This groundbreaking feature allows homebuyers to track the real-time progress of their homes, offering unprecedented transparency in India’s luxury real estate market. Additionally, Metro Group is working on a Construction Quality Certification to ensure the highest standards throughout the building process, setting a new benchmark for trust and innovation in homebuying.
Court Order

MahaRERA Adjourns Complaint Against Karrm Infrastructure Amid Insolvency Proceedings

MahaRERA has adjourned a complaint filed by Gayatri Ramesh Gurudu against Karrm Infrastructure due to ongoing insolvency proceedings initiated by M/s. VSJ Investment Pvt Ltd. The complainant sought a refund for her booked flat in the Karrm Panchtatva-2 project but will need to pursue her claim through the Corporate Insolvency Resolution Process as per the National Company Law Tribunal’s order.
Rapid-urbanisation-of-Thane

Thane Sees Sharp Rise in Under-Construction Property Prices: 19.5% Increase in Q3, Reaching INR 16,455 per sq ft

Thane’s property market sees a 19.5% rise in under-construction home prices, reaching INR 16,455 psf in Q3 2024. Despite rising prices, demand remains strong, driven by infrastructure projects and proximity to Mumbai.
Belicia - Thane

Belicia Generates Over INR 200 Crores in Revenue in Q1; 80+ Units Sold

Belicia, a luxury residential project in Thane, has reported over INR 200 crores in revenue for Q1 FY 2024-25, following the sale of more than 80 units. The project, developed by Prescon Group and the House of Hiranandani, features a 48-storey tower and is expected to benefit from significant infrastructure improvements in the region.