📰 The Incident That Shook Mira Bhayandar Mira Bhayandar’s thriving real estate market recently faced an unexpected jolt when a massive financial fraud case came to light. Torres Jewellers, a local business, has been accused of cheating over 1,400 residents out of a staggering ₹12 crore through an alleged investment scam. According to the chargesheet filed by the Mira Bhayandar police, the...
Business Development
1. Deal at a glance What? Sunteck Realty has inked a Joint Development Agreement (JDA) with a landowner for a 3.5-acre parcel on Mira Road, right along the Western Express Highway. Scale: The project aims to deliver 5.5 lakh sq ft of RERA carpet area, with a projected Gross Development Value (GDV) of ₹1,200 crore PTI News+8Hindustan Times+8ETRealty.com+8. 2. Why it matters for Mira...
The western suburbs of Mumbai are undergoing a quiet yet powerful transformation—and at the heart of it lies Metro Line 9, the elevated corridor that connects Dahisar East to Mira Bhayandar. With construction steadily progressing, this infrastructural leap is not just reducing travel time—it's reshaping real estate demand across Mira Road and Bhayandar. From smart investors to first-time...
1. Current Real Estate Market and Conditions: Mumbai real estate market is a vibrant tapestry of opportunities and challenges. Let’s explore the current scenario: Residential Market: Q1 2024 saw a 21% growth in residential launches, with the Eastern and Western suburbs leading the way.High-end and luxury segment launches in the Western suburbs drove the surge (60-80%).Mid-segment housing...
Understanding Skills at the Indian Real Estate Landscape Before diving into specific skills, it’s crucial to grasp the fundamentals of the Indian real estate market. How real estate works Types of properties Investment strategies ROI calculation Real estate taxation RERA Act, 2016 Market Research and Analysis In Mumbai, research and analysis are fundamental pillars of successful...
Home loan scams in India have been a growing concern, with fraudsters employing various tactics to deceive borrowers. Here’s a comprehensive guide to understanding these scams and the precautions you should take when applying for a home loan. Types of Frauds: Fabrication of Income Documents: Borrowers, often in collusion with agents or builders, fabricate income documents like tax returns or salary...