In 2022, mostly freebies including gold coins, phones, modular kitchens etc were on offer, but this year the offers are centred around financial and flexi-payment schemes.
In Mumbai, there are more than 25 types of premiums that a developer ends up paying to the authorities. Around 20 to 30 percent of the project cost goes towards these premiums, say real estate developers.
Mumbai real estate update: The 2,516-square-foot apartment comes with four car parking spaces. The particular luxury tower Indiabulls Forest Sky where the deal is reported is one of the towers where high-value deals have been reported in the past.
Climate change is hurting the air quality in Mumbai. All construction sites have been ordered to remain covered or face a stop-work notice, said the BMC.
The deadline to apply is now November 15. The MHADA had earlier set October 16 as the last date. The results of the lottery will be announced on December 13, according to the revised schedule announced by the MHADA.