Mumbai
The President has given her assent to the amendment of the Municipal Councils and Maharashtra Regional and Town Planning Act. According to the amendment, any official allowing unauthorized constructions have to pay a fine of Rs 25,000 or will be punished by imprisonment for a month. The amendment will also allow to appoint an officer [...] Continue Reading »
Unity Infraprojects is a Mumbai-based construction firm. The firm is engaged in construction of real estate projects on its land parcels in Nagpur, Bangalore, Pune, Kolkata and Goa. Recently the Unity infraprojects is waiting for approvals for launching its residential project in Bangalore. Now the company is aiming to invest into infrastructure construction projects in [...] Continue Reading »
The property values in and around Panvel, Kharghar, Ulwe, southern parts of Navi Mumbai and Mumbai’s eastern corridor has been increased considerably after the announcement of the construction of an international airport in Navi Mumbai. It is a fact that a scheduled infrastructure project leads to an increase in the value of property in its [...] Continue Reading »
Every new residential launch in Mumbai has to undergo tough time! The real estate developers in Mumbai should pay property tax for three year well in advance if they want to take up any new construction project. Again, this will give raise to increase in prices of apartments in Mumbai. So, property buyers get ready [...] Continue Reading »
Bandra-Khar is known as the costliest real estate belt in Mumbai region. The property price in this area has increased rapidly despite a market slowdown. Properties in Carter Road, Bandstand and Pali Hill are increasing noticeably and are now in the same range of properties at Cuffe Parade and Malabar Hill. Recently, a luxurious apartment [...] Continue Reading »
The Maharashtra legislative assembly has introduced the new proposal for the real estate regulatory bill. The builders association in Maharashtra think that the bill will not help any of the builders or the buyers of properties in Mumbai. According to several assembly members, the bill needs more discussion before passing it for an act. The [...] Continue Reading »
Carpooling is the only solution says the Mumbai government! Midst ever increasing traffic chaos, the citizens of Mumbai are fed up with spending maximum of time in prolonged traffic jams. Paving way for a much easier life to the citizens, the Maharashtra State Road Transport Corporation (MSRTC) with BEST services has decided to provide additional [...] Continue Reading »
The Bandra-Khar popularly known as Mumbai’s costliest real estate belt is experiencing unrealistic property prices. As well known, the property prices across India is showing clear signs of real estate market meltdown. Down the lane, within a span of six years the prices of property in Mumbai is spiraling from Rs 15,000 per sq ft [...] Continue Reading »
Today, Mumbai city has grown so big that it has world class infrastructures, civic facilities and what not? All these favorable factors has made Mumbai, a favorite real estate hot spot as well as residential hot spot for the visitors from across the country. However, “environment” is one backlog which demands attention and alarming in [...] Continue Reading »
The Maharashtra Housing and Area Development Authority (MHADA) are constructing the affordable houses in Mumbai region for the last six decades. MHADA will announce the the sale prices for the houses this year. However the listed prices are beyond the reach of low and middle income group. The tentative cost for the houses for Economically [...] Continue Reading »
