Re-mumbai

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Developers seek MahaRERA support to take up lapsed projects

As of June 1, 2022, out of the 35,488 projects in the country, 9,304 have been completed and more than 26,000 remain pending, including regular or stalled projects. Real estate developers in the Mumbai metropolitan region (MMR) wish to win back the trust of homebuyers in under-construction projects and have

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Luxury housing market set to scale greater heights in 2022

Since 2020, discerning buyers have preferred to invest in luxury residences rather than other asset classes or high-end commodities. In addition to altering people’s lives and attitudes, the coronavirus pandemic has fundamentally altered businesses and how they operate. This is not unique to the real estate sector. One reason is

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CREDAI-MCHI data: 20% stalled realty projects in MMR

As of June 1, 2022, out of 35,488 projects in the country, 9,304 were completed and more than 26,000 remained pending, including regular or stalled projects, the association said. The Mumbai Metropolitan Region (MMR) accounts for more than 20% of stalled real estate projects in India, according to industry body

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Demand for RTMI homes increases post-COVID

Eastern Suburbs of Mumbai have become much sought-after amongst real estate rivestors and homebuyers. Top realtors have already made their way in this belt due to the promising infrastructural growth, affordability, accessibility amplified ROI and its being a workspace hub. https://www.aninews.in/news/business/business/demand-for-rtmi-homes-increases-post-covid20220622172159/ Source – Ani News

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Worli to get BMC’s new command centre

Nearly 65 percent construction work of the center has been completed. The facility will also house an exhibition center to display the civic body’s engineering marvels. For the seamless implementation of the projects initiated by the BMC, the civic body is building a command center at Worli’s Love Grove pumping

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Property registrations in Mumbai zoom in May

Mumbai property market witnessed the registration of over 9630 units in May 2022, up by 30 per cent from a year ago, data from the Inspector General of Registration, Maharashtra says . The number of units registered in May 2022 was the highest ever for the month of May, while

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