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Real Estate Forum on Mmrda

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: I heard that Sewri-Worli elevated corridor has received bids. How many bids did they receive?
Latest Answer: How much they are planning to take to complete the project? Will the project going to increase the property price in Worli?
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Q: I read some where that the Maharashtra state government has approved the proposal of using 50% of rental flats built by the Mumbai Metropolitan Region Development Authority. Where are they going to build these kind of apartments in the city?
Latest Answer: The Mumbai civic authority is currently looking at various options for redevloping the dilapidated buildings, such as offering additional FSI to developers. It is also considering bringing about few amendments in redevelopment rules.
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Q: What is the status of the project? It was suppose to get to commence its services in September this year?
Latest Answer: Phase-I connects Jacob Circle to Chembur via Wadala, Mulund to Borivali via Goregaon, Virar to Chikhaldongri, Lokhandwala to Kanjurmarg through Santacruz SEZ and Thane to Dahisar via Mira Bhayandar. Phase-II will connect Kalyan to Dombivli via Ulhasnagar, Chembur to Kopar Khairane via Ghatkopar, Mahape to Kalyan via Shil Phata and Thane to Kalyan via Bhiwandi.
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Q: What is the project all about? How is the project going to benefit?
Latest Answer: MMRDA said that this was not the end of the road. It would seek the state's opinion. There were options of direct cash contract or through annual bank payment, which were still open. There was also a possibility of recovery of impact fees or development charges in future to raise money so that MMRDA itself could construct the MTHL.
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Q: What is the price per sq ft in Chembur? Will the monorail project shoots up property price in Mumbai?

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Also see discussions for
Q: How is the construction work of metro and mono rail going on at Thane Mumbai?
Latest Answer: I am residing in Mumbai and I feel the construction work has no where improved the traffic congestions in Mumbai.
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Q: Why are the residents protesting over the setup of pillars for the second phase of monorail near Currey Road station?
Latest Answer: Just now I read the news in Commonfloor. I am sharing the link with you guys the information provided is very handy and informative. Click here to know more Mumbai residents protest over pillar placement for monorail.
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