Mumbai
In an apparent indication that the first phase of the Navi Mumbai international airport will likely be ready be December 2018, the City and Industrial development Corporation (CIDCO) of Maharashtra has set out on a Rs 20,000-crore infrastructure development for the nodes it is managing in Navi Mumbai. In a recent a communiqué to various [...] Continue Reading »
Mr. U P S Madan, who happens to be the commissioner of The Mumbai Metropolitan Regional Development Authority said that the current corridor which stretches to about a 16.95 kilometres shall be, expanded a little further by 2 kilometres. This happened just after the Chief Minister of Maharashtra; Mr. Prithviraj Chavan, finished inaugurating the last [...] Continue Reading »
Now that the government of Maharashtra has already given up its proposal to the Central in order to establish a coastal road which goes up to 35 kilometres, the people of Mumbai can finally anticipate a ride that is green and free from pollution as they travel along the western coast. This road is located [...] Continue Reading »
There is a joke that Delhiites are well grounded while Mumbaikars fly high. People, who know about the reality of the property market, know that higher the floors go up, the prices rise. Prices for pool facing or sea facing apartments are even higher and Mumbaikars are ready to pay almost double the sum for such [...] Continue Reading »
Recently, it has come to our notice that the developed city of Mumbai has been rated as the top most cities in India on matters of property investments in the UAE. Bangalore comes right after that. This vital piece of information has been derived out of a survey conducted. According to a survey by Sumansa [...] Continue Reading »
New York-based Morgan Stanley reportedly has plans underway to give up some of the offices space which the company leases in Mumbai, after disposing off its wealth in India and domestic fund management business. According to the information shared by unidentified sources on the condition on anonymity, one entire floor in Tower 2 of One [...] Continue Reading »
Metro developer and operator Reliance Infrastructure Ltd (RIL) said in the Bombay High Court last week that Metro fare between Rs 10 and Rs 40 was “legally justified, in public interest and reasonable.” Referring to the Metro Railway (Operation and Maintenance) Act of 2002, RIL – which is part of the Anil Ambani group – [...] Continue Reading »
With regard to the issue involving the eviction of residents of the Campa Cola society, the Maharashtra government will apparently turn to the Attorney General of India for legal opinion. The legal opinion which the Maharashtra government will probably seek from the Attorney General will largely pertain to the manner and extent of the government’s intervention into [...] Continue Reading »
An extension of the Versova-Andheri-Ghatkopar Metro line in Mumbai is apparently on the cards. The mentioned Metro line will likely be extended to form a fourth route through its extension to Wadala and Thane. As a result of the extension of the Metro line, Teen Haat Naka and Kasarwadavli will be the main Metro destinations [...] Continue Reading »
In a recent report, the Brihanmumbai Municipal Corporation (BMC) has revealed that civic authorities may demolish parts for a new 21-stoery residential tower in Parel, Mumbai. The demolition of parts of the tower – built by realty developer Isa Enterprises – is seemingly imminent because of certain violations in construction. According to the demolition-related details [...] Continue Reading »
