Tag Archives: Mumbai

Mumbai Developers Slash Home Prices

Is the real estate slowdown finally forcing Mumbai-based developers to come face to face with ground realities? Reports are coming in of developers slashing prices, and offering cleverly packaged pricing schemes to attract buyers. Prices Slashed To Attract Buyers It is no secret that the real estate sector in Mumbai has been struggling. While demand

Mumbai’s Development Plan Comes Under Fire From Citizen Groups

With about a week left for final suggestions & objections to come in for the Mumbai development plan, urban experts, developers and the government continue to be divided on the pros and cons of the latest draft. Mumbai DP’s Deadline Draws Close The last time the Mumbai development plan (DP) for 2014-2034 came around, it

Big Developers, Big Delays: Indiabulls Buyers Take to Streets

Several thousand buyers who had invested in Indiabulls Greens and Indiabulls park projects in Panvel have been left high and dry. Buyers claim that the developer has neither completed the project on time nor provided the promised amenities. Frustrated buyers have now taken matters into their own hands, launching a massive campaign against the company.

Mumbai Developers Offer Luxury Apartments On Lease

There’s a new trend emerging in Mumbai where developers- who have been unable to find buyers for flats worth Rs 4 Cr and more – are instead focusing on leasing out their units to improve cash flows. Top developers who are using this model include Sunteck Realty, Kalpataru and Ekta World. How Does The Lease