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Mumbai

Luxurious Hotel in Mumbai constructed illegally

Luxurious Hotel in Mumbai constructed illegally
A five star hotel Shangri-La at Lower Parel was constructed without the environment clearance. It is also claimed that the 39 storey hotel was constructed on the partial premise of High Street Phoenix. The Ministry of Environment and Forest’s state expert appraisal committee has visited the construction site recently and confirmed that the structure has [...] Continue Reading »

Six affordable housing projects will be launched by VBHC

Six affordable housing projects will be launched by VBHC
The Value & Budget Housing Corporation (VBHC) has planned to launch six budget housing projects in the country by the end of this year. The group has planned to construct two residential projects in Mumbai, two projects in Delhi and one project in Bangalore and one in Chennai. The first project in Bangalore by the [...] Continue Reading »

Affordable solar system for Indian homes

Affordable solar system for Indian homes
One of the residents of Navi Mumbai by name Satish Lokare has designed an affordable solar system which will help functioning of home appliances as well as streetlights. To meet the needs of Indian homes, he has imported the solar power units from abroad and modified them accordingly. Right now, the solar system has a [...] Continue Reading »

Thane has the most dangerous traffic zones

Thane has the most dangerous traffic zones
The traffic jams at Kapurbawdi, Majiwada, Teen Hath Naka and Manpada at Thane, Maharashtra  are traced to be most dangerous traffic zones. The best example to explain the worse and deadly traffic situation at these junctions is when an ambulance is held in a prolonged traffic jam. The worse traffic conditions seem to be defeating [...] Continue Reading »

High Valued Properties are Avoiding Stamp Duty

High Valued Properties are Avoiding Stamp Duty
Many high valued properties in India are avoiding the payment of stamp duty as the buyers are acquiring the shares of the construction company, which owns the property. In the process the buyers are not transferring the ownership of the property in their name by paying stamp duty. Thus the seller avoids the payment of [...] Continue Reading »

BMC elections has brought strength to residents

BMC elections has brought strength to residents
The Brihanmumbai Municipal Corporation (BMC) elections, which took place in February seem to have brought in lots of strength to the resident’s association at Goregaon East in Mumbai. The association members have started solving local civic issues at all areas in Mumbai. They are also approaching corporation to meet civic authorities to get their problems [...] Continue Reading »

Sales of residential properties in Mumbai still moderate

Sales of residential properties in Mumbai still moderate
According to a report by a real estate analysis firm, the sale and launch of residential properties in Mumbai and its suburbs is still slugging. The rates of apartments are still on the higher side and the potential buyers are deferring their decisions and as an outcome the rental rates in Mumbai have started increasing. [...] Continue Reading »

Illegal sand excavation continuing in Maharashtra

Illegal sand excavation continuing in Maharashtra
The Supreme Court has upheld the AP high court ban on sand quarrying. However, the contractors of Maharashtra are continuously excavating sand from areas of Nizamabad district. Construction activity of real estate in Mumbai are coming to a grinding halt due to the court’s order, the sand mafias are illegally extracting sand for getting higher [...] Continue Reading »

Cumballa Hill Tower in Mumbai Stopped Construction

Cumballa Hill Tower in Mumbai Stopped Construction
The construction of a 61-storey structure under the Slum Rehabilitation Authority (SRA) scheme has stopped. The construction was started on Eastern slopes of Cumballa Hill by Halkara Builders Pvt Ltd. The builder has stopped the construction of the apartments as the land is slide prone. There is another apartment which stands above the slopes on [...] Continue Reading »



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