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Latest Property News on 'Mumbai"
Even India’s leading conglomerates have taken up commercial space here. The state administration has already shifted wholesale commodity markets to Navi Mumbai. So, you have endorsements from different segments that Navi Mumbai’s commercial real estate is much sought after,” he says. Suresh Haware, MD, Haware Builders concurs. “Even at the ‘nano’ end of the commercial real estate spectrum, demand is high,” he says. It is the small offices and shops’ segment that have witnessed the highest demand at Haware Builders’ commercial projects in Navi Mumbai, he reveals.onday. After the meeting, the CM spoke on the need for a titling law but stressed that the process should be simple.

Today, industrial units in Navi Mumbai are relocating to locations in Raigadh district and commercial is the latest buzzword in Navi Mumbai’s real estate scenario, says Vijay Gajra of the Gajra Group. “Commercial options in Navi Mumbai span a huge price band. Growth of the residential segment in Navi Mumbai,
Residential Project in South Mumbai
Close on the heels of launching Indiabulls Sky, its high-end residences project in South Mumbai, Indiabulls Real Estate Ltd has now announced the launch of a mini-township, Indiabulls Greens, just 5 kilometers from Panvel station. Spread across a serene 25 acres in close proximity to the Mumbai-Pune highway, the project offers a good alternative for buyers from Kharghar and Belapur looking to upgrade to a bigger home and a better lifestyle.

Greens offers a slew of amenities that include: a clubhouse with a gym, a swimming pool, sports facilities including a cricket pitch, a school, hospital, convenient shopping facilities, dry & utility balconies, 24-hour power backup, ample parking space and a dedicated bus service to and from the train and bus station
Expected to Boost Real Estate Prices
It’s a classic case of infrastructural development boosting real estate prices.The Bandra-Worli Sea Link seems to be doing more than just easing the traffic flow from north and south Mumbai. Experts in the country’s financial capital say that there could be an increase of 10-15 per cent in property rates in surrounding areas. “The Bandra-Worli Sea Link will not only provide relief from the agonising traffic, but will also trigger a major crowd influx, which will affect real estate prices. South Mumbai will have high demand .

Bandra-Worli Sea Link is a Maharashtra state road development corporation project, constr­ucted by HCC, India’s largest engineering contracting company. The road hangs in between cable-stayed bridges on the two ends namely, the Bandra and Worli Cable-stayed bridges of 500 and 150-metre spans, respectively – with the highest towers soaring to a height of 126 metres, equivalent to the height of a 43-storeyed building. The sea link was opened for general public on June 29. Not everyone, however, shares the same optimism. Shreegopal Maheshwari, broker attached to Mumbai-based Maheshwari & Maheshwari, feels that it is too early to see an impact on property prices
Mumbai Developers Advise to Invest in Residential Property
Mumbai’s realtors claim this is the best time to invest in residential apartments as prices have touched the bottom of the curve. “Realty prices will only rise again and the best time to invest is between September and December,” Hiranandani Group of Companies managing director Niranjan Hiranandani said on Monday while addressing a real estate meet. It was organised by Times Property, which launched its annual property event that would come off from August 17 to 24.
 
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