Tag: Mhada

30-35% Drop Expected in Residential Price in Mumbai

October 23, 2008 – 6:07 am

Centrum Broking Pvt Ltd today shared findings from its research report on the Mumbai Real Estate Sector. It expects a 30-35% fall in India’s residential prices from the peak, with the Mumbai Metropolitan Region (MMR) estimated to witness the lowest fall of 20-30% until April 2009. Residential demand in Mumbai is estimated at 66mn.square feet [...]

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MMRDA Plans 5 Lakh Homes

May 26, 2008 – 6:20 am

There is a severe shortage of houses in Mumbai but, there is no dearth of government agencies wanting to build houses. The Mumbai Metropolitan Region Development Authority (MMRDA), which normally plans and executes infrastructure projects, has proposed to build 5 lakh houses in the Mumbai Metropolitan Region (MMR) over the next 5 years.Maharashtra Housing and [...]

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Underworld Interest In Real Estate

April 24, 2008 – 2:44 am

Pune, April 23 With the recovery of documents pertaining to 241 real estate projects at different stages of construction in the city from gangster-turned-legislator Arun Gawli’s brother Vijay Ahir’s residence, the Mumbai Police Crime Branch is proactively making telephone calls to all builder whose project is among the 241. Crime Branch officials will inquire each [...]

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Sharp Rise Is Possible In Mhada Flat Cost

January 11, 2008 – 1:30 am

The state housing board, Mhada decides to raise the rate of sale flats in its various projects by double. The main goal of Mhada was to provide housing at reasonable cost and now Madha puts forward the issue for increase the going rates of its flats by almost 90%. Earlier, flat price was fixed on [...]

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