MMR stands for Mumbai Metropolitan Region. What has attracted developers and buyers equally is the wide number of options accessible to them, which range from cheap apartments to luxurious ones. Therefore, Thane City has become a primary target for real estate developers and new home buyers.
It all began back in 2000, which also marked the beginning of Thane's current urbanisation process and Thane Real Estate. On the downside, despite being one of the newest and fastest-growing real estate markets in and around Mumbai, the Thane area has grown in popularity over time among home searchers and investors alike.
Since its founding in 1978, the mission of the Runwal Group has been to modernise Indian real estate and bring it up to the stature of internationally recognised landmarks. This well-known company offers everything from the best high-street shopping to commercial and residential structures, with three generations of experience to support its convictions.
Mumbai's Eastern Express Highway (EEH) connects all of the city's northernmost suburbs with Chhatrapati Shivaji Maharaj Terminus across a distance of 23.55 km. The eastern roadway, which links to National Roadway 3, has six lanes. The Sion-Panvel roadway branches off Mumbai’s Eastern Express Highway, beginning at the crossroads with RCF road and developing the township of Mumbai towards its edge.
The authorities of Ghaziabad have stressed the importance of well-planned urban areas with the capacity to accommodate the expanding population of this city and the residents’ lifestyles with the changing times. In this connection, providing a new master plan for the development is a significant milestone.
Pune is expanding rapidly. New projects from renowned developers are becoming a common sight. But why?
Residential real estate in India is growing exponentially. In FY23, it recorded a 48% YOY surge, with home sales hitting an all-time high of $42 billion. By 2029, this market is projected to be $687.27 billion.
Pune, the IT hub of India, is a booming mega city where real estate investments are not just rising but thriving. Leveraging its fertile investment climate has turned out to be a long-term goldmine for a large pool that invested in residential apartments in Pune.
Ever wondered where you can find a home that blends the elegance of tradition with the convenience of modernity? We have an answer that’s a delightful surprise.
Gone are the days when homebuying was primarily comfort driven. Nowadays, homebuyers are seeking out luxury within their investments. This buying behaviour has got developers to jump in with stunning masterpieces offering luxury lifestyle with elegance and comfort.
Last year home prices went up by 4-15 percent because of higher input costs faced by developers. Though steel and cement prices have since cooled off, buyers would likely have to embrace another hike in home prices this year.
Rising mortgage and property rates notwithstanding, India's residential market is expected to maintain demand momentum this year with home sales and new launches likely to break a ten-year trend to cross the 200,000 units mark, according to CBRE's latest report.