Real estate in India
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Pre Launches Back In Mumbai’s Real Estate Market

Estimates show 25 such pre launches in the country’s commercial capital in the past six months. The big ones by the Runwal group, Kalpataru and Lodha have been lapped by buyers, thanks to lower size of apartments and pricing, say consultants.
Kevin Fernandes's insight:

Pre lauches is a win win for the builder, investor, actual user and the broker. The builder gets his sales, the investor flats at a good price, the actual user a good product and the broker good business. In a depressed market the fact that pre lanches are being sold out with clients waiting in queue at 5 am shows that the undercurrent for new properties is very good in MMR. It also indicates that at the right price, a product can get a good response. The right price is always below the current market price. This shows that clients are waiting to buy and the sentiment is very good at the right price.

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SC clears constructions on Mumbai's private forest lands, Godrej to gain - Firstpost

SC clears constructions on Mumbai's private forest lands, Godrej to gain - Firstpost | Real estate in India | Scoop.it
Firstpost SC clears constructions on Mumbai's private forest lands, Godrej to gain Firstpost New Delhi: The Supreme Court today held that State cannot be allowed to demolish massive constructions made over the years by declaring the disputed land...
Kevin Fernandes's insight:

The forest land issue had created a mess in the real estate industry. Many builders, investors and actual users were stuck due to this. The clearance from the Supreme Court on India has settled this issue and has given peaceful sleep to many actual users whose flats were stopped during the construction period. Many builders have now planned new launches once the approvals are received.

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Will Monorail help Mumbai realty move forward? | Property Pulse ...

Will Monorail help Mumbai realty move forward? | Property Pulse ... | Real estate in India | Scoop.it
Ever heard that completion or functionality of Metro or Monorail had no impact on real estate market in a locality? Yes, the opening of Mumbai Monorai.
Kevin Fernandes's insight:

any infrastructure development always adds to the value of that area. It  is the same with the monorail.Infact the start of these new projects gest reflected in the increased demand for properties and this starts the trend in the increase in the price rise. Data also supports this trend. So where ever there is a new infrastructure development announced, the real estate market will respond to it with a price rise.

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