EKTA world, real estate developers in mumbai was established in 1987. Contemporary in thinking and design, EKTA has grown brick by brick while making many happy homes along the way. The team at EKTA world is constantly working towards creating memorable real estate projects complete with 2BHK, 3BHK and 4BHK flats in Mumbai and other cities in Maharashtra. Adding a zing of glamour and style to the city’s skyline, this group of real estate developers in Mumbai has not just built iconic structures but has also looked after the comfort and needs of its residents. This has gone a long way in building a strong reputation and goodwill amongst the discerning buyers and real estate companies in Mumbai and other cities in India.
The spokespersons of EKTA World are:
Mr. Ashok Mohanani, Chairman, EKTA World, Vice President, NAREDCO West
Mr. Vivek Mohanani, MD & CEO at Ekta World.
Kindly find below a few story ideas for your reference. Do let us know in case you would want to work on any of these or you would be keen on taking our spokespersons in any of your stories.
Real estate is the real investment
Background: However in such times where no one in the world must’ve foreseen a frightful pandemic we are all safe and sound in the lockdown in our ‘homes’, the pandemic has taken us back and made us appreciative and catch on to the basics of survival which food, clothing and shelter. The brutality of the pandemic has crippled markets across the world and other investment options are gradually failing. These investments are quite volatile and react faster to the external elements. Real estate however as an investment option is at a setback currently however it is at times like this where it proves to be the best of investment options as it is not as dependent on external factors.
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Views on the same
Real estate the most secured investment
Booster-shot for real estate: Govt’s relief package
Background: The pandemic has caused economic, social and mental unrest globally. The Indian Real Estate Sector has been hit hard by the real estate sector. Construction work across the country has come to a standstill however even though RERA of some states has increased the deadline for completion of projects but the effects of the pandemic will last longer than that. The sector expects a booster shot (a relief measure) from the centre to revive the already gloomy sector.
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Views on the same
The real estate sector in the long term
Luxury housing: Measure to take for recovery post lockdown exit (bases on a report by PropTiger release on 11th April)
Background: Real estate developers have been able to sell only 45 per cent of luxury homes (priced above ₹3 crore) launched during the last three years, with investors still shying away from putting money in premium properties due to lower returns, according to PropTiger data. The cities covered in the analysis are Ahmedabad (including Gandhinagar), Bengaluru, Chennai, Gurugram (including Bhiwadi, Dharuhera and Sohna), Hyderabad, Kolkata, Mumbai (including Navi Mumbai and Thane), Pune and Noida (including Greater Noida, Noida Extension and Yamuna Expressway). As per the data, 1,131 units were launched at a price above ₹7 crore and only 554 have been sold. Similarly, 3,656 units were launched in a price range of ₹5-7 crore, and only 1,631 flats have been sold so far. In the price bracket of ₹3-5 crore, as many as 8,503 units were launched, of which 3,741 units got sold.
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