Mumbai Report - ICICI Home Finance

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MUMBAI. Introducing the frantic melange of India's extreme city. As India's financial powerhouse and home to glistening skyscrapers and malls, Mumbai today marches towards a progressive world. And in vogue of bringing you the best of real estate opportunities, ICICI Home Finance Company is proud to bring you the metropolis, bare, in the 2009 Mumbai Residential Property Report. In the pages that follow, allow us to show you the City of Dreams in all her expansive potential.
Mumbai Fact File Mumbai, which was previously known as Bombay, is a major metropolitan city of India. It is the state capital of Maharashtra. Mumbai city is known as the business capital of India. It is the country's principal financial and communications centre. The city has the largest and the busiest port handling India's foreign trade. It also has a major international airport. India's largest Stock Exchange, which ranks the third largest in the world, is situated in Mumbai. Mumbai contributes 10% of all factory employment, 40% of income tax collections, 60% of custom duty collections, 20% of central excise tax collections and 40% of India's foreign trade. Description about Mumbai/Bombay cannot be complete without the mention of Bollywood, the biggest Indian film industry, which churns out hundreds of Hindi blockbusters every year. Location Mumbai lies on the western coast of India, spread across 437.77 sq. kms. The population of Mumbai, as per Census 2001, was 11.98 million. Mumbai is a group of seven islands in the Arabian Sea which lies off the northern Konkan coast on the west of the state of Maharashtra in India. These seven islands, which were once separated by creeks and channels were filled and bridged over the years by the inhabitants. Climate of Mumbai Most of the year, Mumbai's climate is warm and humid. Between November and February, the skies are clear and the temperature is cooler. From March, the temperature becomes warm and humid till mid June which is the beginning of the monsoon. During monsoon, there are torrential rains which sometimes cause flooding of major roads and streets of Mumbai. The average rainfall which is brought by the south-west monsoon winds in Mumbai is 180 cms. Monsoon ends by the end of September. October is comparatively hot and humid. History of Mumbai In 1661, King Charles II of England married Princess Catherine de Braganza of Portugal, and as part of the dowry he received "Bombay" which is today known as Mumbai. Later in 1668, it was handed over to the East India Company. In 1858, the administration of the country was taken over by the Queen of England, Queen Victoria, from the East India Company. A Viceroy was appointed to rule India in the name of the Queen. Bombay came under the direct rule of the British in 1861. The first railway line in India was started between Mumbai (CST) and Thane in 1861. In 1864, modern water supply was started in Mumbai and in 1885, Mumbai was lit with gas. A number of Indian financial institutions have headquarters in downtown Mumbai, including the Stock Exchange, the Reserve Bank of India, the National Stock Exchange of India and numerous conglomerates (the
Page 1: YOUR FAST TRACK TO RESIDENTIAL Sept
Page 6: Infrastructure Bandra-Worli Sea Lin
Page 9 and 10: Versova - Andheri - Ghatkopar corri
Page 11 and 12: FDI The Mumbai Real Estate space ha
Page 13 and 14: 22 Hi-Life Santacruz Western Suburb
Page 15 and 16: Central Suburbs Major Locations Gha
Page 17 and 18: Residential Property Rates in prime
Page 19: Western Suburbs Major Locations Ban
Page 22 and 23: close to these locations prefer Gor
Page 24 and 25: Some of the residential projects in
Page 26 and 27: Property Price Movements (Q4-2004 -
Page 28 and 29: Distribution of 1, 2, 2.5, 3 BHK ap
Page 30 and 31: Navi Mumbai Major Locations Palm Be
Page 32 and 33: Some of the residential projects in
Page 34 and 35: South Mumbai Major Locations Mahim,
Page 36 and 37: Residential Property Rates in prime
Page 38 and 39: Mumbai Absorption Index As is evide
Page 40 and 41: About Research & Consultancy ICICI

Mumbai Report - ICICI Home Finance

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