Mumbai Real Estate Articles

Real estate industry hails reduction of construction premium in Maharashtra

After a prolonged delay of over three months, the Maharashtra government has finally approved the proposal to reduce the premium on construction by 50 percent.…

Year End 2020: Mumbai real estate undergoes a revival

Struggling to tide over the severity of COVID-19 crisis, 2020 remained the most challenging year for Mumbai’s real estate market. While the State government's multiple…

How will residential real estate in Pune shape up in 2021?

Pune went through a stringent lockdown and witnessed adverse after-effects with housing sales volume dipping drastically. However, some recovery signs were seen in the second…

Top 3 localities to rent a home within Rs 30,000 near Andheri, Mumbai

In case a working professional has landed a job in a company situated in Andheri and is looking for a place to take on rent…

Stamp duty and registration charges in Navi Mumbai

The stamp duty and registration charges in Navi Mumbai may vary up to six percent depending upon the transaction value of the property. To know…

99acres Insite: Office space vacancy spikes by 15-20 percent in Mumbai

Despite a reduction in the lease rates, the office space absorption in Mumbai declined in Jul-Sep 2020, causing the vacancy rate to nearly double as…

99acres Insite: Unsold inventory dips to 68,000 units in Mumbai

The improved residential transactions against the restricted new supply boded well for Mumbai’s market as the unsold inventory in the city plummeted by around 10…

What is CTS number of a property and why is it important?

CTS Number, also known as the City Title Survey Number, is an identification number, which should mandatorily be obtained by property owners, buyers, and sellers…

99acres Insite: Demand for premium under-construction units dips in Navi Mumbai

The economic meltdown post the COVID-19 outbreak has instilled fear among prospective homebuyers in Navi Mumbai. Therefore, despite the under-construction segment witnessing some transactions in…

COVID-19 impact: New launches take a hit across major metros

The COVID-19 crisis has come as a sudden blow to the real estate sector in India. In addition to the halt in construction activities in…

99acres Insite: Top 5 locations to rent a home in Thane

Thane has been witnessing a rising number of enquiries for rental accommodations lately, owing to its great accessibility from commercial hubs of Mumbai and Navi…

Step-by-step guide for self-redevelopment in Maharashtra

A widely prevalent concept in Maharashtra, self-redevelopment is a process where residents shoulder the onus of revamping the society instead of the builder. The process…

Top 3 housing belts for investment in Thane

The increasing levels of traffic, air pollution, residential and commercial prices in Mumbai have resulted in a parallel increase in residential demand in the Thane…

COVID-19 second wave: Will property prices crash in India?

The challenges posed by the second wave of COVID-19 infections in India is likely to derail the real estate sector from the path of recovery.…

Why are redevelopment projects losing sheen in Mumbai?

In the wake of the stagnating real estate market, approval delays, stringent norms and reduced margins, redevelopment projects in Mumbai have been losing their charm…

Navi Mumbai: Top locations to rent a home near Vashi under Rs 15,000

With a growing demand for residential spaces in Navi Mumbai, the rentals in Vashi, a prominent business district in Navi Mumbai, have been rising steadily.…