Home registrations down 20%
DNMUM321484 | 11/25/2014 | Author : Amit Srivastava
Vashi: The registration of new houses in city has dropped sharply this year as compared to last year. The real estate sector saw a slump of at least 20% in registration of sales and purchase of new building, leave and licence agreements, mortgage deals, among others in 2014.
Builders ready red carpet for buyers
DNMUM321486 | 11/25/2014 | Author : Rahul M Tawade
Vashi: The numbers from property registration office may be painting a gloomy picture about the realty scenario in city, but developers are extremely positive and have a different thing to say, "there is a renewed optimism." Devang Trivedi, president of Buil...
20:80 realty schemes are back in market. Is RBI listening?
DNMUM321403 | 11/23/2014 | Author : Sudhir Suryawanshi
Mumbai: The 20:80 scheme is back in the real-estate market. The scheme, which requires home buyers to pay only 20% of the cost upfront, with 80% being funded by banks, was frowned upon by the RBI in 2013. One of RBI's concerns was about the scheme being widely used by ...
Home buying goes 'retail'
DNMUM321255 | 11/22/2014 | Author : dna correspondent
When you analyse property buying patterns across Mumbai, home seekers fall in two main categories. Those who attempt to stretch themselves financially and prefer staggered payments over a period of time, opt for under construction homes. Those who are very specific about the fina...
Make a lifestyle statement
DNMUM321256 | 11/22/2014 | Author : Vijay Pandya
One of the most visible trends in Mumbai's real estate has been the shift from 'vanilla' projects to 'lifestyle' projects. Instead of merely focusing on the reputation of a prime area, developers are conceptualising projects redefine luxury living by crea...
Sustainability holds the key
DNMUM321257 | 11/22/2014 | Author : Sheetal Shelar
There is a greater emphasis on sustainability across industries these days and real estate is no exception. It has been a constant endeavour of the Confederation of Indian Industry (CII) to work closely with government and industry in driving initiatives of interest to the Indust...