Re-mumbai

MMRDA Opens Bidding for Seven BKC Plots Valued at Nearly Rs 6,000 Crore

The Mumbai Metropolitan Region Development Authority (MMRDA) has announced the opening of bids for leasing seven plots in the G block of Bandra Kurla Complex (BKC), a prominent commercial area in Mumbai. The total reserve price for these plots is set at Rs 5,946.09 crore. The auctioned plots will feature a four-floor space index (FSI). […]

In the last 24 months, Mumbai’s home prices have increased by 20.4%

The most recent PropIndex Report from Magicbricks indicates that sustained demand and constrained supply have contributed to a 20.4% increase in Mumbai residential prices over the previous two years. The average residential rates rose 6.5% QoQ to INR 26,780 psf, according to the survey. Mumbai became one of the most opulent markets in the nation […]