Tag: Estate Consultant

Rush for affordable mhada housing

The unprecedented rush for flats constructed by the Maharashtra Housing and Area Development Authority (MHADA) has proved that even in times of recession there is a huge demand for affordable housing in Mumbai. Mhada’s affordable housing scheme for the economically weaker, lower, middle and higher sections of society has seen upto 1.89 lakh application forms […]

Real estate developers frustrated over credit policy

Real estate developers and consultants expressed disappointment over the RBI’s credit policy announced today and has asked the apex bank to infuse more liquidity into the system and to the property sector. “It’s disappointing but understandable,” global real estate consultant Cushman and Wakefield Managing Director (South Asia) Sanjay Verma said. He noted that though inflation […]

Realtors Importing Built-up Rooms And Utility Goods From China

The growing pressure on hotel and mall developers, faced with soaring construction costs that have risen by some 40%, is seeing Indian hoteliers and realtors importing built-up rooms, fittings, furniture and utility goods from China to save costs and time. The trend of imports is catching on as costs have risen up to 50%, say […]

Rs 872 Crore Is To Be Invested For Logistic Park In Mumbai

Mumbai has come into view as the most preferred destination for logistics and warehousing companies with proposed investments for setting up logistics parks in the city touching around Two hundred million dollar (Rs872 crore), a report said. In spite of their lack of support infrastructure, smaller cities such as Nagpur in Maharashtra, Gurgaon in Haryana, […]

Oversupply May Bring Home Prices Down

Knight Frank India, a real estate consultant company, predicts more correction in house prices if the existing slowdown in residential property sales keeps on, Chairman Pranay Vakil said.