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Madh-Versova Cable-Stayed Bridge to be a Reality Soon as BMC approves Rs 3246 Crore Mega Project

The Madh-Versova cable-stayed bridge, worth 3,246 crore rupees, would lessen travel lengths by 3–4 km and boost communication between Versova and Madh. The bridge will be open 24 hours a day. Constructed in around 36 months, this 2.06 km bridge will boost infrastructure & Madh property prices.

By Admin

  • 11th Sep 2024
  • 1148 Views
Indian Ultra-Luxury Property Sales Soar in 2024 - Mumbai Leads with INR 2200 Crore in Transactions

In 2024, Mumbai sold 21 of 25 ultra-luxury properties in India's top 25 cities. HNIs and ultra-HNIs drove demand for mansions exceeding Rs 40 crore, worth Rs 2,443 crore. Mumbai, Hyderabad, Gurugram, and Bengaluru became luxury property hotspots as transactions increased.

By Admin

  • 9th Sep 2024
  • 1144 Views
5 Factors That Make Bajaj Housing Finance IPO a Smart Investment in a Growing Market

Bajaj Housing Finance Limited (BHFL) plans to raise 6,560 crore via an IPO, including new share issuance and a sale. With quick expansion since its founding, a broad loan portfolio, and sound financials, BHFL can capitalise on India's rising housing demand.

By Admin

  • 8th Sep 2024
  • 1143 Views
7 Reasons Why Mumbai's New TDR Policy Could Negatively Impact Real Estate Growth

Recent TDR regulation amendments in Mumbai could jeopardise the city's growing real estate industry. With developers being forced to get a percentage of their TDR from the Dharavi redevelopment project at higher rates, home prices may rise.

By Admin

  • 6th Sep 2024
  • 1143 Views
Residential Property Prices Soar by 45% in India's Top Cities Despite Rising Supply - Anarock Report Highlights Significant Growth

Real estate consultant Anarock reports that residential property prices in India's top seven cities have risen 45% in five years. Due to increased demand and fresh supplies, some micro marketplaces have seen price spikes of up to 90%.

By Admin

  • 29th Aug 2024
  • 1151 Views
JNPA SEZ Plots Command Double the Reserve Price - A Major Boost to Mumbai Economy

Mumbai's commerce and business sector benefited from the Jawaharlal Nehru Port Authority (JNPA) awarding industrial plots in its Navi Mumbai Special Economic Zone (SEZ) for almost twice the reserve price to nine winning bidders. This exceptional land demand shows the region's economic potential.

By Admin

  • 23rd Aug 2024
  • 1145 Views
7 Reasons Why Affordable Homes in India Are Becoming 'Unaffordable' For The Common Man

Many middle-class Indians are losing their goal of home ownership as property prices rise, making affordable homes scarce. With the average property costing ₹1.2 crore to ₹1.4 crore, homeownership is becoming increasingly difficult to achieve.

By Admin

  • 13th Aug 2024
  • 1165 Views
Godrej Properties and Sobha Secure Prime Land Parcels in Noida with Aggressive Bids

Godrej Properties and Sobha won three important land lots in a Greater Noida Authority auction. The auction saw strong participation, exceeding the reserve price of ₹738 crore with offers totalling ₹1,500 crore.

By Admin

  • 11th Aug 2024
  • 1172 Views
Iconic Bandra Bungalow of Kangana Ranaut Listed for Sale at INR 40 Crore

Star Kangana Ranaut has placed her Pali Hill mansion in Bandra West for sale at a price of ₹40 crore, causing a stir in the Mumbai luxury real estate market.

By Admin

  • 9th Aug 2024
  • 1180 Views
Understanding the 48% Surge in MMR Real Estate Prices - Key Drivers and Trends

The Mumbai Metropolitan Region (MMR) has seen real estate prices jump 48% in five years. MMR has become one of India's hottest real estate markets due to reduced unsold inventory and rising demand. A detailed look at what caused this massive surge.

By Admin

  • 4th Aug 2024
  • 1187 Views
7 Essential Steps to Ensure a Successful Home Investment

Home investing may be complicated, especially with rising prices, legal issues, and quality issues. Ghar recommends 7 essential actions for a safe, financially secure, and easy home purchase:

By Admin

  • 3rd Aug 2024
  • 1168 Views
7 Ways the Mopa Airport Opening is Creating a Boom in Mopa Real Estate

The opening of Manohar International Airport in Mopa has made North Goa a top location for luxury property investments. High-end developments have increased due to this planned development, boosting the region's popularity. Ghar highlights 7 ways the new airport is boosting Mopa real estate.

By Admin

  • 31st Jul 2024
  • 1175 Views
5 Impactful Ways That Digitisation of Land Records Will Boost Indian Real Estate Investments

GIS-digitized land records will transform India's real estate industry. This effort seeks to expedite land acquisition, decrease title concerns, and attract large local and foreign investments. Ghar highlights five essential points.

By Admin

  • 28th Jul 2024
  • 1175 Views
Budget 2024 - How Will the New 1% TDS Rule Impact Property Purchases Over INR 50 Lakhs?

Mumbai: Starting October 1, 2024, a 1% TDS will be applied on the purchase price or stamp duty value (whichever is higher) of immovable property worth over INR 50 lakhs, even with multiple purchasers or sellers, per Budget 2024.

By Admin

  • 26th Jul 2024
  • 1186 Views
High Court Rules State Entitled to Reasonable Return on Leased Land

The Bombay High Court held that the state deserves a fair return on its land in a landmark decision. Justices B P Colabawalla and Somasekhar Sundaresan stressed that leasing rates need not be cheap if they fail to cover inflation, administration fees, and escalation.

By Admin

  • 14th Jul 2024
  • 1196 Views
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