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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