Real Estate Mumbai
BNP Paribas Secures Prime Office Space in Mumbai's BKC at Record-Renting Rate
In a significant move, BNP Paribas has leased a prime office space in Mumbai's Business District, BKC, at a record rental rate of Rs 811 per square foot. This deal highlights the resilience of the Mumbai real estate market despite economic challenges.
Real Estate Mumbai
Mumbai's Real Estate Market Thrives, but Affordable Housing Lags Behind
Mumbai's real estate market continues to see robust rental rates, driven primarily by redevelopment projects. However, the affordable housing sector remains a challenge. According to Gulam Zia, the market dynamics are shifting, with the office and retail
real estate news
Mumbai's Real Estate Sector Thrives, But Affordable Housing Remains a Challenge
Rental rates in Mumbai are rising due to redevelopment-driven demand, pushing the real estate market forward. However, affordable housing still faces significant challenges, according to Knight Frank India.
real estate news
Mumbai's Rental Rates Surge Amidst Limited Land and High Development Costs
Mumbai's real estate market is facing a significant increase in rental costs, making it one of the most expensive cities in India. Factors such as limited land availability, high development costs, and urban density contribute to this trend.
Real Estate Mumbai
The Impact of Water-Logging on Mumbai's Real Estate Market
Water-logging in Mumbai affects property and rental values, with rates being 10-20% lower in areas prone to flooding