Mumbai Metropolitan Region Archives

Govt falters on 5 lakh affordable houses scheme

Leave a Comment / Navi Mumbai Real Estate News / By Mayur Singh / April 27, 2012 / 3 minutes of reading

Tomorrow, it will be exactly two years since Maharashtra Chamber of Housing Industry (MCHI) and the state government inked a Memorandum of Understanding (MoU). The intent was to develop five lakh affordable homes in Mumbai and the Mumbai Metropolitan Region (MMR). However, in a recent statement, MCHI has claimed that nothing has been accomplished in […]

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Will take 3 years to clear unsold stock of flats in Mumbai

Leave a Comment / Navi Mumbai Real Estate News / By Mayur Singh / April 25, 2012 / 2 minutes of reading

There are so many residential Mumbai that it will take more than three years to clear the stock. This means the skyrocketing price of your dream house might ease up.The value of the current unsold housing stock in Mumbai is around Rs8,535crore. According to the quarterly report released by real estate research firm Liases Foras,

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