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Overview

Inspite of the Covid era, Mumbai, Thane and suburbs have some of the the best Under Construction Projects offered by best developers vis a vis affordable studio flats / apartments and commercial properties. Not only inventory in the low budget segment offering 1 BHK, 2 BHK apartments in the range of 30 Lakhs to 70 Lakhs with modest carpet areas ranging from 350-800 have increased, the premium in Spacious 3BHK and 4BHK apartments offering over 2000sfqt of carpet area at over 4-5 crores are also finding interest in the market. The latest positive outlook in the real estate industry owes its genesis to Digital / online presales and marketing of new projects, launches and prelaunches which have ensured that developers could reach home buyers at their homes at heir convenient timings. This is the best time to buy property as the real estate market is set to look up in the coming times.
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Mumbai has been known as the Dream City from a long time. Mumbai comprising of its suburban regions is home to a multitude of migrant population from across the country - who come here to look for a job and better life. However, Mumbai like any other small but crowded metropolitan cities across the world like Dubai has its own problems of housing and accommodation for the millions that migrate here. For many in the middle class, buying an apartment here has become a far fetched reality. However, fast development of new construction projects across this city does offer housing for the population across the income spectrum in the form of 1 BHK Apartments, 2 BHK Apartments, 3 BHK Apartments etc. The burgeoning populace meant that the city had to expand outwards. And hence the surrounding suburbs like Thane have now emerged as the alternative satellite cities to Mumbai itself.

Many major developers like Lodha, Piramal, Rustomjee etc have made the skyline of Mumbai go vertical to offer affordable and luxury housing for the residents with property prices ranging from around 1 Crore for a 1 BHK flat in the suburbs to around 3 Crore for a 3 BHK flat in the city....read

Hows the industry coping with Covid 19 from a year and half ?....read
The demon is out and the cat is among the pigeons ! Builders and developers have been having a field day till the Campa Cola revolution. Apartment buyers have now woken up to the fact that ignorance is not always bliss and that the past can catch up much earlier than you expect. Builders sell flats and floors based on anticipated OCs. You can understand their business interest. But what about those supposedly educated / literate upper middle class who have been caught red faced when the....read
As per Times of India report on 7 Feb 2013, 75 percent of homes in Thane - which includes the Kalwa,Diva corridor and the Wagle,Lokmanya area are illegal. Though they have been paying property tax for many years, how did the administration wake up all of a sudden ? What will be the outcome now ? Will this effect in ongoing court cases involving illegal settlements ? The Muncipality, home seceratary or revenue department or the CM ? Who is responsible ? Real estate scenario getting a....read
Yes, as per Arjun R Pillai, CEO at Profoundis Labs in his Quora.com blog http://www.quora.com/Kerala-India/Is-Kerala-indeed-Gods-own-country?__pmsg__=+RERoWUFCcC1GajdDYTE0OHpCeHU6YS5hcHAudmlldy5wbXNnLmFsbC5Mb2dnZWRJbkZyb21MaW5rOltbNzcyMjY3Nl0sIHt9XQ**#ans1986468 Excerpts; Yes, 1. According to Hindu mythology, Kerala was created by Lord Parasurama, an incarnation of Lord Vishnu by throwing his axe across the sea to create new land for his devotees to live peacefully. So, Kerala is God....read

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Thane - The Emerging Metro

Thane was the terminus for the first ever passenger train in Asia. On 16 April 1853, the passenger train service was inaugurated between Colaba and Thane. Covering a distance of 34 km (21 mi), it was hauled by three locomotives: Sahib, Sindh and Sultan.

Thane is connected with neighbouring suburbs through Central and Trans-Harbour Line Suburban railway network. Thane is a railway junction for the Thane-Vashi Harbour Line and Central Line. It has become the busiest suburban station in Mumbai which handles 6.54 lakh passengers daily.

As of 2013, there are plans of extending the Ghatkopar-Mulund Metro line up to Thane.

On 26 August 2015, MMRDA sanctions Rs. 35,400 crores for 118 km Mumbai metro network. This includes a 40-km Wadala-Ghatkopar-Thane-Kasarvadavali Metro-4 corridor via Wadala GPO and R.A.Kidwai Marg costing ₹ 12,000 crore.

Advts

Property News

(courtsey www.mchithane.org)

Budget 2019 Highlights What Did Home Buyers And The Real Estate Sector Gain

We examine some of the important announcements in the interim budget 2019 and its expected impact on the real estate sector and home purchaseers.p

Thane In The Spotlight

strongYour home-purchaseing journey ends now CREDAIMCHI Thane Unit has brought a variety of homes in every budget within your reach at the Property 2019-Thanestrongp

Mumbais First Construction Debris Processing Unit On Cards In Mulund

Mumbai brThe BMC is likely to start work on the citys first construction and demolition waste processing and recycling facility in Mulund E from June. On February 4 the BMC had allotted Rs 4.5 crore for this project in its budget for 2019-20.p

Stamp Duty On Property Deals In Mumbai Now Raised To 6 Percent

Mumbai brThe state government on February 12 issued a notification introducing an additional one percent of stamp duty to be collected as a surcharge on property transactions in Mumbai. The reasoning behind the move is the state needs funds to finance major infrastructure projects currently underway in the city especially the Metro. The extra duty will be charged on all property deals from February 8.p
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Residential land at thrissur,kerala-landshoppe-566
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26.75 cents of land near Naithalakkavu Temple, Thrissur 100m shy off Naithalakkavu Temple 2 Kms to church 3Kms to Amala Medical.....

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