Page 18 - Mmr News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Anuj Puri, Chairman of Anarock Group, believes that a construction ban would have negative consequences for various stakeholders, including the exchequer, the real estate industry, and construction workers. He suggests implementing measures to contain dust at construction sites instead. Puri also states that the demand for real estate is primarily driven by end-users, not investors or speculators, and therefore, the long-term demand is unlikely to be affected by a construction ban. He hopes that the upcoming festival season will see a stronger demand for homes.

Health officials urge people to stay up to date on immunizations after a case of measles has been confirmed in each state.

Residential sales in Mumbai Metropolitan Region (MMR) are expected to increase by 8-9% in 2023-24 due to strong demand and affordability. The MMR is the largest real estate market in India, accounting for 25% of sales in 2022-23. The region has experienced a low unsold inventory, and the ratio of sales to launches is expected to remain around one.

The Milwaukee Health Department is issuing a warning to those who might have been exposed at various locations in the city.

Infrastructure projects and improved connectivity in Mumbai are expected to boost leasing in commercial office markets. The completion of major projects such as the Mumbai Metro and Navi Mumbai International Airport will reduce congestion and stimulate economic growth. The introduction of metro lines is anticipated to increase leasing in the Bandra Kurla Complex (BKC) area by 1.5 times from 2025 onwards. Additionally, the Western Suburbs and Central Mumbai are expected to see healthy uptake in office space. Navi Mumbai is also set to benefit from infrastructure development, with increased leas...