Rents in Mumbai are sinking further with no recovery in sight image
Rents in Mumbai are sinking further with no recovery in sight

There has been much attention to the challenges facing real-estate developers on account of COVID-19. In contrast there has been little focus on the challenges facing another critical segment of


Alluring payment plans are driving housing demand; but there is more to this than meets the eye image
Alluring payment plans are driving housing demand; but there is more to this than meets the eye

Almost every developer in Mumbai is offering payment plans that say “Pay 5 percent now. And rest on possession.” These sorts of payment plans are the biggest reason for housing sales


Maharashtra stamp duty cut: Mumbai real estate developers must now do their bit image
Maharashtra stamp duty cut: Mumbai real estate developers must now do their bit

The state government has given a helping hand to the industry by reducing the stamp duty rate from 5 percent to 2 percent until December 31. Now property developers must


The next big real estate battle: Thane or Navi Mumbai? image
The next big real estate battle: Thane or Navi Mumbai?

Urban clusters that will emerge as the new ‘homes’ despite the work from home (WFH) trend will in all likelihood be close to the main city where a visit once or


What Mumbai real estate developers can learn from Steve Jobs image
What Mumbai real estate developers can learn from Steve Jobs

Unless frequent and credible market research is done to understand the customer better, the same mistakes will get repeated. Flattering surveys only provide hollow hope to the industry and entertainment


Mumbai’s housing affordability problem is proving costly for its developers image
Mumbai’s housing affordability problem is proving costly for its developers

A home in Maximum City is considered ‘affordable’ if priced around Rs 1.5 crore, or around $200k. Problem for the developers is that not too many people exist who can