The Way Mumbai Real Estate Sector Might turn Out In 2021

On December 24, 2020December 24, 2020 By smc

By every yardstick, the year 2020 has been a brutal one for the Mumbai real estate industry. Despite the surge in the last three months, housing registrations will probably drop 10 percent and 25 percent by volume in comparison to 2019 and 2018, respectively. Prices are down across the board. […]

Did The Modi Government Compelled The Real Estate Industry Of Mumbai To Become Aatmnirbhar?

On December 14, 2020December 15, 2020 By smc

In my May 12th, 2020 column “The Mumbai real estate bumper sale has begun” I had announced that home prices in the city had started to cracked sharply. Finally. Skeptics had then doubted the possibility that home prices would fall. It wasn’t hard to blame them. The ability of developers […]

COVID-19 Impact: Mumbai Apartments Worth Rs. 10 Crore And More Might Drop To 30 – 35 This Year

On December 7, 2020December 8, 2020 By smc

The COVID-19 crisis could cause a drop of 30-35 percent year-on-year in the sales of Mumbai properties valued at over Rs 10 crore. Overall, luxury housing units worth Rs 9,000 crore have been sold in the city since 2019, a report by Zapkey.com has said. The number of transactions in […]

DLF All Set To Make It’s Presence Felt In Mumbai – Chennai Residential Property Market After NCR

On December 7, 2020December 8, 2020 By smc

DLF, the country’s largest listed developer, could again diversify into residential-property markets such as Mumbai and Chennai after focusing on its home turf, the National Capital Region (NCR). The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce […]

Report Suggests That Realty Market Is Peaking In Mumbai Metropolitan Region

On October 8, 2020October 9, 2020 By smc

After getting battered badly during the Covid-19 lockdown between April and June, the real estate sector is slowly picking up as the number of new launches and sales have increased in the last three months in the Mumbai metropolitan region (MMR) says a report by Knight Frank India, a real […]

Mumbai Witnesses Rise In Property Sales & Rental Market

On October 6, 2020October 6, 2020 By smc

The number of properties sold in Mumbai, India’s real estate capital, rose by 112 per cent in September from the previous month, according to figures released by the Maharashtra government. According to official figures, 5,597 sale or conveyance deeds got registered with the state’s inspector general of registrations (IGR) in […]