Posts Tagged ‘Mumbai Property’

There is a buzz out here

The lull in the country’s realty space seems to be finally over. With the economy showing signs of recovery, there is a certain buzz about activities in the real estate sector. Be it a buyer, investor or broker, there is an unspoken optimism, tinged naturally with liberal doses of caution. The most pertinent question doing [...]

Mumbai and New Delhi rated as promising markets: Report

The Mumbai and New Delhi realty markets hold a significant level of promise for potential investors, says a research study, ‘Wealth Report 2010′. The report focuses on three major surveys conducted on the ‘Prime International Residential Index (PIRI)’, ‘World’s Most Influential Cities’ survey and a unique survey on the ‘HNWI Attitudes to Property and Wealth’ [...]

Crisil Report Predicts Stability in Property Rates

A Crisil research report on residential property prices of India’s 10 biggest cities says prices will remain more or less stable with a moderate dip in prices in Mumbai and a marginal (2 per cent) rise in the National Capital Region (NCR) in 2010. According to the report, the average capital appreciation in the 10 [...]

Mumbai house prices expected to climb up further

The house prices in Indian business and financial hub Mumbai will continue to increase since Mumbai property market started to pull out of global financial crisis eight to nine months ago, said industry insiders Thursday at a local property exhibition. Speaking at four-day 16th Real Estate and Housing Finance Exhibition, Aditya Das with Dubai-based house [...]

Ground Realty: Mumbai Real Estate Deals

A premium residential apartment located in Central Mumbai was purchased in a primary sale at a total cost of Rs 14,00,00,000. The 4-bedroom unit is spread across an area of approximately 4,000 sq ft and commanded an average capital value of Rs 35,000 per sq ft, which is at par with the range of Rs [...]

Commercial property back in reckoning

The commercial property is finally on an upswing. The spell cast by the global meltdown in 2008-09 is finally wearing off, as both office and retail space are back in demand. However, most of the development in 2010 is expected to happen in tier-I cities of NCR, Mumbai, Bangalore and Chennai, thanks to a new [...]

A unique rebate for property tax payers: Their kids get Rs 10,000

MUMBAI: As part of its schemes to encourage timely and regular payment of property tax, the Brihanmumbai Municipal Corporation (BMC) handed out monetary concessions to outstanding students who scored 90% marks in secondary as well as higher secondary examinations. The Rs 10,000 cheques were handed over to five students on Tuesday after the selection panel [...]