Posts Tagged ‘Mumbai Real estate’
Friday, June 29th, 2012
There is a 17% rise in Mumbai property price in the first quarter of this year. According to source, high cost of acquiring land and increasing cost of construction prevents builders from cutting prices. The Mumbai real estate trend shows decline in sales volume but there is no correction of price correction.
Recently, an apartment in south Mumbai, 28th floor facing Arabian Sea set a record-setting rate in the deal.It was sold for USD 6.8 million (Rs 39 crore). The real estate experts doesn’t foresee a decline in price any time soon.
The real estate prices in the city compete with other Asian centers such as Singapore and Hong Kong. According to industry estimates, sales are down by more than 40% over the past one year but builders are not ready to reduce the price due to increasing cost of construction. High mortgage rates created a cash crunch for buyers.
According to source, earlier there were 10 buyers for one apartment in Mumbai, now there are 5. Now the buyers are more genuine homeowners and less speculators.
Source: CommonFloor News
Tags: 28th floor apartment in south Mumbai, Apartment in south Mumbai, Mumbai, Mumbai Property Price, Mumbai Real estate, Mumbai real estate trend, real estate price
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Thursday, May 19th, 2011
Sahara Group negotiated the Rs 70 crore a year Rent deal for commercial property at Bandra-Kurla Complex. The deal, touted as the highest ever for a commercial property in terms of annual rent.
According to real estate sources, the UP-based Sahara Group negotiated the deal for a lease amount of Rs 225 a sq ft for 2.5 lakh sq ft space in Parinee Cresenzo, a 20-storey commercial project by Parinee Developers, which works out to an annual rent of close to Rs 70 crore. The deal, touted as the highest ever for a commercial property in terms of annual rent. The agreement is expected to be sealed by next week.
Rent deal from Sahara group for commercial property at Bandra-Kurla Complex (BKC), almost Rs 70 crore a year, indicates the demand for office space is still strong. Sahara Group will take over 2.5 lakh sq ft space in Parinee Cresenzo, a 20-storey commercial project by Parinee Developers.
More News: commonfloor.com
Tags: Bandra-Kurla Complex, Bandra-Kurla Mumbai, Mumbai, Mumbai Properties, Mumbai Real estate, Parinee Cresenzo, Parinee Cresenzo building, Parinee Cresenzo Mumbai, Parinee-Sahara deal, Sahara Group
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Tuesday, May 3rd, 2011
Lodha Imperia offers 2 and 3 bedroom apartment with excellent amenities and located at LBS Marg in Mumbai. 10 Minutes walk from Bhandup railway station. Lodha Imperia offers excellent amenities childrens play area, club house, swimming pool, gymnasium, indoor games, basket ball court, tennis court, yoga and meditation hall, community center, library, lush landscaped garden with fountains and waterfalls and more.
Lodha Imperia is located at LBS Marg in Mumbai. 10 Minutes walk from Bhandup railway station, 9.16 kms from the Domestic airport, 8.44 kms from the International airport, Eastern Express Highway close by.
- 2BHK…..1233 sqft……Rs 1,05,75,441 @ Rs 8577/sqft
- 2BHK…..1557 sqft……Rs 1,40,97,078 @ Rs 9054/sqft
- 2BHK…..1683 sqft……Rs 1,52,37,882 @ Rs 9054/sqft
Amenities at Lodha Imperia
- Garden
- Swimming Pool
- Play Area
- Security
- Club House
- Rain Water Harvesting
- Library
- Tennis Court
- Gymnasium
- Indoor Games
- Basket Ball Court
The Lodha Group of Companies is one of Indias premier real estate developers with bigger and more challenging projects added each year. Having established itself as Mumbai’s premier real estate developer, Lodha is now spreading its wings and expanding operations to cities like Pune, Hyderabad, Chennai and Ahmedabad. Be they residences, workspaces, townships, weekend retreats, malls, hotels, special economic zones or public infrastructure, Lodha goes beyond the brick and mortar to Building a better life. The Group has an ISO 9001: 2000 Certification and is the recipient of the Accommodation Times Award for Customer Satisfaction.
Tags: Lodha Group, Lodha Imperia, Lodha Imperia Mumbai, Mumbai Properties, Mumbai Real estate, New Projects in Mumbai
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Tuesday, May 3rd, 2011
Oberoi Exquisite II offers 3 and 4 bedroom Luxury residential apartments located at Goregaon (East), off Western Express Highway. Nestled amidst a sanctuary of trees and gardens, it is an ideal base from where you can set out on new journeys into the world out there.
Oberoi Exquisite II by Oberoi Constructions at Goregaon East, Mumbai having 3 Towers of 3 bedroom Luxury residential apartments ranging 2195 sqft to 2280 sqft and 3230 sqft for 4 BHK, Pricing @ Rs 10000/sqft.
With more than 2 decades of success at showcasing the best of design layouts and construction quality the name Oberoi Constructions has become synonymous with stylish and classy living. Oberoi Constructions currently manages a portfolio spanning across Residential, Commercial and Retail properties in Mumbai the commercial capital of India.
Amenities
- Garden
- Swimming Pool
- Play Area
- 24Hr Backup
- Security
- Club House
- Tennis Court
- Gymnasium
Tags: Indian real estate companies, Mumbai Real estate, New Projects in Mumbai, Oberoi Constructions, Oberoi Exquisite 2, Oberoi Exquisite II, Oberoi Exquisite II Mumbai
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Friday, April 8th, 2011
The Brihanmumbai Municipal Corporation (BMC) sold the 105 lakh kg of seized plastic bags to a private firm for Rs 25 lakh for recycling them to make thick plastic bags.
The BMC had seized plastic goods products thinner than 50 microns in raids and stored them in 24 godowns across the city. After the deluge of 2005, the state government imposed a blanket ban on the use of plastic thinner than 50 microns. It failed twice to sell them through a tendering process.In November 2010, it invited fresh tenders to clear away the plastic. Finally BMC managed to dispose of plastic bags.
The Brihanmumbai Municipal Corporation (BMC) has finally managed to dispose of plastic bags thinner than 50 microns that it had collected in drives over the past five years. The civic body has sold the 105 lakh kg of thin plastic bags to a private firm for Rs25 lakh. The firm will recycle them to make thick plastic bags.
“We were worried that the plastic would not find a buyer. Moreover, our godowns received fresh amounts of plastic as parts of seizures,” said V Gosavi, chief inspector of the BMC’s shops and establishments department. He added: “We finally managed to find a purchaser and sold the bags to it. Otherwise, it would be a major problem for us, as we don’t have a mechanism to recycle the seized plastic on our own.”
More News:
http://www.commonfloor.com/stories/bmc-finally-dispose-of-seized-plastic-bags-3450
Tags: Mumbai Real estate, Property Mumbai, The Brihanmumbai Municipal Corporation (BMC)
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Saturday, March 26th, 2011
Lodha Aqua offers 2 and 3 bedroom with excellent amenities and located at Western Express Highway in Mumbai. Just 3 kms from Dahisar and Mira Road railway stations, 20-minutes drive to International Airport & 25 minutes to the Domestic Airport, 30 minutes from Thane via Ghodbundar Road, Dadar is a 40-minute drive via the Western Express Highway.
Lodha Aqua offers excellent amenities Adult swimming pool with water spigots, Separate pool for kids, State-of-the-art international standard Gymnasium, Steam Room and Jacuzzi, Indoor Games and lots more. Lodha Aqua offers 2 ranging 1017 sqft to 1026 sqft and 3 bedroom in the range of 1395 sqft to 1665 sqf.
The Lodha Group of Companies is one of India’s premier real estate developers with bigger and more challenging projects added each year. Today, the Group provides stylish and comfortable living to over 12,000 families across Mumbai from South Mumbai to the suburbs. The Group has an ISO 9001: 2000 Certification and is the recipient of the Accommodation Times Award for Customer Satisfaction.
Amenities at Lodha Aqua
- Adult swimming pool with water spigots
- Separate pool for kids
- State-of-the-art international standard Gymnasium
- Steam Room and Jacuzzi
- Indoor Games
- Table Tennis, Chess, Carrom, Cards Room, Snooker
- Pool room
- Library
- Lounge and TV room
- Business Center with internet other facilities
- Party Hall
- Lawn
- Creche
- Mini Cricket ground with amphitheatre style seating
- Badminton Court
- Volleyball-cum-Basketball court
- Jogging track
- Ganesha Temple
- Yoga and Meditation Center
- Shopping Mall- One-stop shop for groceries,house ware, fashion clothing, lifestyle accessories and electronic goods of national and international brands and more
Tags: Apartments in Mumbai, Lodha Aqua, Lodha Aqua Western Express Highway, Lodha Group, Mumbai Property, Mumbai Real estate, New Projects in Mumbai, Western Express Highway, Western Express Highway Mumbai
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Friday, February 18th, 2011
Orbit Residency Park is a gated residential complex located within close proximity to the suburban business districts of SEEPZ MIDC, BKC and Powai. Further, it is just 1½ kms from the international airport, 2 ½ kms from the domestic airport and at a 3 minute walking distance from the proposed Metro station. Orbit Residency Park offers 1 BHk, 2BHk & 3BHK apartments with ample car parking space.
Orbit Residency Park is located at Andheri Kurla Road, Saki Naka Mumbai. The project by Orbit Corporation. Orbit Corporation builds unique, modern and high quality living and working spaces. Employing the best of minds, proprietary material and state-of-the-art machinery merging it with an extraordinary mix of pragmatism, eco-friendliness and sensitive aesthetics make every Orbit property a landmark. Today, Orbit Corporation is a listed Company on the Bombay Stock Exchange and National Stock Exchange. The Company has till date developed properties spanning over 1.5 million square feet worth several hundred crores, in the prime areas of South Mumbai like Babulnath, Tardeo, Worli, Prabhadevi, Gamdevi.
Orbit Residency Park amenities:
- Grand Entrance lobby
- Banquet facilities/function rooms
- Musical fountain
- Squash court
- Billiards room
- Table-tennis room
- Landscaped garden with Badminton court
- Swimming pool and Baby pool
- Children’s playroom
- Gymnasium with locker rooms, Steam and Sauna facilities
- Common bathrooms for servants and drivers on the ground floor
- Kitchens with granite platform and stainless steel sink
- Video door phone and intercom system
- Power backup for common areas and common amenities
- State of the art security systems with CCTV in common areas
Site Plan
Floor Plan
1 BHK
1½ BHK
2 BHK
2½ BHK
3 BHK
3½ BHK
The Orbit Residency Park apartments are designed specifically keeping in mind the requirements of optimum utilization of space coupled with the design principles of Vaastu. The project has been planned in a way so as to offer the comforts of a home coupled with lifestyle amenities.
Tags: Andheri-Kurla Road, Mumbai Real estate, New Projects in Mumbai, Orbit Residency, Orbit Residency Park, orbit residency park sakinaka, Property Andheri East Mumbai, Property Mumbai, Saki Naka Mumbai
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Friday, February 18th, 2011
Gaurav Woods mira road has excellent amenities such as Swimming pool, Garden View, landscape garden, Children’s play park. Gaurav Woods offers well-decorated entrance lobby and main gate, Granite Kitchen Platform with stainless steel sink & service Platform. Gaurav Woods located at Mira Road in Mumbai. Gaurav Woods offers 2 & 3 bedroom apartments ranging 1005 sqft to 1090 sq ft (for 2 BHK) & 1350 sqft 3 BHk at a price of Rs 4200/sqft.
Ravi Group is a success story scripted across a decade by Shri Tokarshi Shah a first generation entrepreneur. From a humble past in Sand business he made an impact on the supply side of modern day living. Today, Ravi Group has made a concrete presence in the world of lifestyle construction through its innovative offerings of housing complexes.
Gaurav Woods – Amenities
- High speed elevator for towers & fire protecting system
- Landscape garden
- Children’s Play Park
- Security System with Intercom in each flats
- Decorative entry for each building
- Under ground and overhead water tanks
- Designed Compound wall with Main Gate
- Granite Kitchen Platform with stainless steel sink & service Platform
- Vitrified/Granite flooring entire flat with skirting.
- BEST & MBMT Bus Service facility from Mira Road.
- Ten minutes drive to National Park.
- Twenty minutes drive to Esselworld.
Master Plan
Floor Plan
2BHK
2BHK (1005 sqft)
2BHK (1065 sqft)
2BHK (1090 sqft)
3BHK (1350 sqft)
Tags: Gaurav Woods Mira Road, Gaurav Woods Mumbai, Mira Road Mumbai, Mumbai Real estate, New Projects in Mumbai, Property in Mira Road, Ravi Group Gaurav Woods, Ravi Group Mumbai
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Friday, February 18th, 2011
Gaurav Discovery Malad offers 1 & 2 bedroom apartments area ranging from 620 sqft to 895 sqft. Gaurav Discovery located close to some of the best malls in the city, this housing option is going to spell convenience for you. Ravi Group Gaurav Discovery located near Marve Road, Malad (W) Mumbai.
Ravi Group is a success story scripted across a decade by Shri Tokarshi Shah a first generation entrepreneur. From a humble past in Sand business he made an impact on the supply side of modern day living. Today, Ravi Group has made a concrete presence in the world of lifestyle construction through its innovative offerings ofhousing complexes.
Price @ Rs 7250/sqft
1BHK…….620 sqft…….Rs 44,95,000
1BHK…….680 sqft…….Rs 49,30,000
2BHK…….895 sqft…….Rs 64,88,750
Ravi Group Gaurav Discovery Malad is close to the airport, railway station, shopping hubs and lifestyle zones.
Tags: Gaurav Discovery Malad, Malad, Mumbai Real estate, New Projects in Mumbai, Property Marve Road, Property Mumbai, Ravi Group Gaurav Discovery, Ravi Group Mumbai
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