Because of better connectivity and facilities, as well as reduced travel time on the roads, the Mumbai Metro has, up to this point, had a favorable influence on property prices in Mumbai. Experts in real estate believe that the metro will continue to impact real estate price trends in a variety of neighborhoods throughout Mumbai, as well as on the city's overall property pricing.

In the big picture of the Indian economy through 2023, there are only good signs: an overall growth of 8 to 9 percent, an expected rise in the number of jobs created, and a rebound from the recent drop in the stock market. All of these things would eventually lead to more people entering the housing market, which is very important for the health of the real estate economy.

Residential property owners will be able to pay only the current and preceding five years' principal property tax under the SAMRIDDHI 2022-23 scheme. Commercial property owners, according to an official statement, can pay the principal amount for the last six years and receive a waiver on past pending dues, including penalties and interest.

Given that 306 luxury housing units worth Rs 4,877 crore were sold in Mumbai during the first three months of the calendar year 2022, it is reasonable to expect the sales trend to continue this year.

Till date, the group have developed over 3 million sq.ft. and has 1 million sq.ft in developmental progress, keeping over three thousand families happy in their homes.

The Reserve Bank of India nudged the banking sector to allow a three-month moratorium period on loan payments, to all borrowers who wish to avail it

Another big casualty of the pandemic is the global economy. With major commerce centres across the world sustaining massive losses, global markets have been on a deep dive.

Let’s take a look at how the Union Budget 2020 will affect the housing sector and the individual home buyer.

Travel time of Mumbaikars is seen cut by 30 minutes with the BKC-Chunabhatti connector finally thrown open to commuters since 11 th November 2019.

In a move beneficial for home buyers, MahaRERA officials have reached out to local authorities to ensure that maximum projects, especially those in the interiors of the state, are registered under the MahaRERA.

The inclusion of projects under the GIS will allow citizens to find details of homes of their choice online in a map view.

Centre plans to reduce GST on construction materials from 28% to 18%. Here's how this move could affect home buyers