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Real Estate in Mumbai

Checkout the PPT which gives you information on real estate market updates and newly launched luxury residential projects in Mumbai.

ReemaSharma
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Real Estate in Mumbai

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  1. A Quick Glance Real estate in mumbai

  2. Introduction • Mumbai, the nation’s financial capital is home to some of the country’s biggest real estate developers. • Raheja, Lodha, Kanakia, Rustomjeeetc are some of the biggest builder names in the city. • After a slump in 2017, real estate prices and sales have picked up again in 2018.

  3. Real Estate Market in Mumbai • In 2016-17, the real estate market witnessed a slump. Following demonetization, RERA and GST, prices dropped and sales slacked. • In 2018, the market for real estate in Mumbai has steadily picked up again. • Demand is coming back and projects are being constructed faster than ever.

  4. Real Estate Market in Mumbai • Builders are now compliant with RERA. They have to abide by stricter regulations. This means there is more transparency in real estate than before. RERA has also ensured that customers are more educated. • Several builders have formed joint ventures to complete projects. • Customers are exploring real estate in Mumbai with great interest.

  5. Rise of Premium & Mega Real Estate Projects in Mumbai • In the last 10 years, there has been a huge increase in high rises and premium projects • Most high rise projects are situated in suburbs like Goregaon, Malad & Mira Road. Premium projects are mainly in Central Mumbai. • Large scale mega-projects have also become popular in the last 10 years.

  6. real estate in mumbai:Mega projects

  7. Neeta L&T Crescent Bay • With apartments ranging from Rs. 3 – 11 crore, Neeta L&T Crescent Bay is a massive development in Parel. • Apartments are available in 2-4 BHK configuration ranging from 1320-3910 square feet. • The prime location is a bonus. This real estate project in the heart of Mumbai is located near the Eastern Freeway and is also close to both Western & Central railway lines.

  8. Neeta L&T Crescent Bay

  9. Piramal Mahalaxmi • With a beautiful view of the racecourse, Piramal Mahalaxmi is another premium project in the heart of the city. • The project houses 542 units and features a swimming pool, jogging track, tennis court & many other modern amenities.

  10. Piramal Mahalaxmi View from Piramal Mahalaxmi

  11. Kalpataru Magnus • This project is situated in the prime suburb of Bandra. • Flats are sized between 823-1824 sqft • It is expected to be completed within 5 years • It is within a short distance of the SCLR, BandraWorliSealink and BKC.

  12. Kalpataru Magnus

  13. Conclusion • The economic climate for real estate in Mumbai is expected to improve by the end of this year. • In the future, as new infrastructure (especially metro lines) is created, demand for housing in all areas of the city should increase. • Real estate in Mumbai has always been & will always remain a great investment.

  14. Thank You

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