Maximum City’s real estate triumphs, tribulations and opportunities on the road to future-readiness
Mumbai, 2 November 2017: ANAROCK Property Consultants today released its research report ‘Mumbai Redefined’ in association with ACETECH – the world’s 3rd largest exhibition and Asia’s leading trade fair for architecture, building materials, innovation and design, driven by Economic Times. The report was unveiled by Maharashtra Chief Minister Devendra Fadnavis during the conference at Bombay Exhibition Centre in Goregaon, Mumbai.
Anuj Puri, Chairman – ANAROCK Property Consultants said, “Mumbai is in the midst of major ongoing infrastructure upgrades, aimed at making the country’s financial capital more livable and ‘workable’. Simultaneously, slum rehabilitation and various other initiatives aimed at deploying more affordable housing have taken centre-stage in a city with the dubious distinction of having the highest real estate prices in the country. In ‘Mumbai Redefined’, ANAROCK explores Maximum City’s triumphs, tribulations and opportunities as it gears up for future-readiness in the face of its present-day challenges.”
The report’s vast and all-encompassing scope covers myriad factors about Mumbai’s dynamic real estate sector – from its earliest beginnings in the pre-independence British era to the current day – analyzing the ongoing opportunities and challenges, and suggesting real-time solutions.
- Mumbai – Current State of Real Estate
- Ongoing & Proposed Infrastructure Upgrades
- Decentralization of Business Centers
- Sharp Focus – Public-Private Partnership
- Enhancing Mumbai’s Livability Quotient
- Recommended Revamps for Mumbai
Sumit Gandhi, CMD – ABE Conferences & Event Director – ACETECH, said, “This timely report coincides with a very exciting and important phase in Mumbai’s real estate evolution. While it strives to attain the status of a truly global city, the country’s financial capital must make rapid progress – not only in meeting the existing and future housing demand but also in embracing the concept of sustainable living, expediting the construction of affordable housing and harnessing the power of public-private partnership. ‘Mumbai Redefined’ highlights the efforts already underway by the State Government to bring in the required changes, simultaneously suggesting specific policy revamps and new ways in which real estate developers can view the road ahead.”
While the Government’s focus on revamping Mumbai is tremendous, there is no denying that outdated processes, bureaucratic red tape and non-conducive market conditions still hinder Mumbai’s evolution into a city that can face the future with confidence. The city is buckling under its growing population – however. With a stronger political will, policy reforms and laser focus on bridging the infrastructure gap, the Mumbai Metropolitan Region can evolve as the most promising city for the current and future generations to live, work and recreate in.
Godrej Properties acquires 18-acre land parcel in Kandivali, Mumbai
Mumbai, December 2, 2022: Godrej Properties Ltd., one of India’s leading real estate developers, on Friday announced that it has,...
ICCPL wins PR company of the year award
New Delhi, November 30, 2022: NCR based PR firm, Integrated Centre for Consultancy Pvt. Ltd (ICCPL) has won REAL ESTATE...
75F launches Network Operations Centre
Bengaluru, December 1, 2022: Building management solutions provider, 75F, has launched its Network Operations Centre (NOC) — an initiative by...
BPTP Group organises Winter Carnival to showcase its Gurugram, Faridabad projects
Delhi NCR: BPTP Group showcased some of its developed residential projects, Astaire Gardens and District 1, located in Gurugram and...
Seek changes in the Act: HARERA Chairman
Gurugram, November 29, 2022: A day-long NAREDCO Haryana Real Estate Summit 2022 & Buyer-Seller Interface held on Tuesday at Gurgram...
Frame Model Code for Construction Activities: HSPCB Chairman
Gurugram, November 29, 2022: Chairman Haryana State Pollution Control Board (HSPCB), P Raghavendra Rao on Tuesday urged the National Real...
New Launches4 weeks ago
Akasa Coworking spaces leases space to three more companies at its Noida center
Report4 weeks ago
Retail leasing up 114% Y-o-Y, crossesing 3.4 mn sq.ft. in 9 months
Guest Column2 weeks ago
Grade A office spaces, SCOs, high-streets – Rise of Commercial RE post-pandemic
New Launches3 weeks ago
Ashiana launches last phase of Umang
Developers Speak3 weeks ago
Customers’ interest shifting from High-rise Buildings to Plotted Development
Developers Speak4 weeks ago
North Goa turning into a bustling ground for Concept Tourism after MOPA Airport
New Launches4 weeks ago
Gaurs announces mixed land use project
New Launches3 weeks ago
Euro Pratik launches new product, Cassa 4