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.

Experts say that interest rates are important, but that doesn't stop people from buying a home because the decision is based on the buyer's current income and long-term plans.

These residential areas offer luxury properties that are ideally positioned away from the hustle and bustle of the metropolis. Apart from that, there are numerous benefits to living in a well-located apartment. The Prestige City is conveniently located in Mulund, giving residents unparalleled access to all of Mumbai's main landmarks and destinations.

Majority of the projects, particularly those in the affordable category, have small margins of 10-15%, and the rise in raw material costs has resulted in a combined increase of more than 15% in construction expenses, rendering the same projects unviable at current sale prices. As a result, additional costs will need to be passed on to consumers to ensure the financial viability of many developers' projects.

Following the end of the two-year Stamp Duty exemption by the state government in March-end, the stamp duty rate will increase by 1%, effective from 1st April 2022.

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

Here are the projects that stood as the most demanded ones across Mumbai for the week.

In Maharashtra, the highest price increase was in Panvel (8.6%) followed by Thane (6.5%).

Knight Frank reports about the increase in private equity investments in Indian real estate sector during January-June 2018.

Navi Mumbai is coming up as a promising commercial hub and a popular residential real estate market.

Eighty percent of the world’s population will reside in cities or urban areas by 2050. This urbanization creates demand for real estate and infrastructure development around the globe.

While there is a growing demand for co working spaces in India, experts also underline the challenges of data security and privacy this segment has to face.

To help citizens register their complaints easily regarding unregistered projects, MahaRERA is planning to come out with a simple form.

The new rules will be effective from January 1, 2017, the date on which the scheme became operational.

The latest amendment to the Insolvency and Bankruptcy Code (IBC) would further formalize the real estate sector by curbing the entry of unreliable operators, said Arun Jaitley

Under the I-T Act, where an individual owns more than one house, he can only treat any one of his house properties as ‘self-occupied and having a nil annual value’.

Developers will now have to pay increased scrutiny charges to get clearance from the environment committee