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Mumbai

MP gives his statement against ex CM

MP gives his statement against ex CM
The government of Maharashtra told the legislative council on Saturday itself that the police station at Marine Drive had taken down a statement from Mumbai North East MP Kirit Somaiya against three chief ministers along with two other serving ministers who were accused in the case of Adarsh. One of the politicians of BJP named [...] Continue Reading »

Mumbai finally receives its first Metro

Mumbai finally receives its first Metro
After the wait was finally over, the city of Mumbai finally experienced the rush and joy of the metro ride within six hours of its operation on Sunday itself when Prithviraj Chavan who happens to be the chief minister flagged offs its service. According to one of the Mumbai Metro One Spokesperson, it passes the [...] Continue Reading »

Simple Steps for Increasing Rent Rates

Simple Steps for Increasing Rent Rates
Sometimes prime property can give you very low returns, in terms of rent. In such a case, you might find it hard to manage the expenditure for basic upkeep, what with such a low rental return. But you can definitely charge a higher rent rate, only if you keep a few real estate essentials in [...] Continue Reading »

No impetus found by the experts yet for infrastructure projects of Mumbai in the Maharashtra budget

No impetus found by the experts yet for infrastructure projects of Mumbai in the Maharashtra budget
Apart from the approval for the airport project of Navi Mumbai, the state budget which was presented on Thursday did not contain much concrete decisions in matters of pushing forward the reforms of infrastructure and transport for the metropolitan area of Mumbai. One of the reliable sources who has been working quite closely with the [...] Continue Reading »

Mumbai Metro finally gets permission from the Railway Board and is now ready to roll

Mumbai Metro finally gets permission from the Railway Board and is now ready to roll
The Mumbai Metro Rail which was earlier going through a phase has finally cleared its last and most important intrusion since the Railway Board had given it final permission in order begin with all the commercial operations to the operator itself named the Anil Ambani Mumbai One. The operation which is for about 11.4 kilometres [...] Continue Reading »

CIDCO gifts 64 parking plots in Mumbai to NMMC

CIDCO gifts 64 parking plots in Mumbai to NMMC
64 parking plots have been released so far and more to follow, says a source with City and Industrial Development Corporation (Cidco, Navi Mumbai Municipal Corporation (NMMC) couldn’t have been happier. The decision to release plots which NMMC has been making demands for since a long time was done on Monday, with seven wards spanning [...] Continue Reading »

Expensive Campa Cola Mumbai in the news again

Expensive Campa Cola Mumbai in the news again
The honorable Supreme Court of India gave residents of the infamous Campa Cola apartments a breather in South Mumbai to leave the unauthorized flats. Bombay Municipal Corporation asked the owners to leave their premises by June 1st 2014, says a source. The chairman of Orchid received a letter, which stated that a list of names [...] Continue Reading »

Mumbai over UAE- Indians abroad want desi property

Mumbai over UAE- Indians abroad want desi property
Non Resident Indians from all over the world and especially UAE have their eyes on Mumbai properties. They look at the investments here for long term gains, which is why the commercial hub of India has been upped as the best place to put money into, more than Bangalore says a source. With 31.86 percent [...] Continue Reading »

Maharashtra CM cleared mega townships two days before Lok Sabha polls

Maharashtra CM cleared mega townships two days before Lok Sabha polls
The Lodha Group‘s township of 300 acres was approved of by the chief minister of UDD Prithviraj Chauhan near Dombivli. This occurred in the month of March, just two days before the election code of conduct came into existence. This township happens to be the first and largest that was cleared under the Development of [...] Continue Reading »

Avenue Venture Real Estate Fund to Invest Rs 100 Cr in Casa Grande

Avenue Venture Real Estate Fund to Invest Rs 100 Cr in Casa Grande
Looks like Chennai-based developer Casa Grande is set to receive as much as Rs 100 crore worth of investment from Mumbai-based private equity firm Avenue Venture Real Estate Fund. The latter has proposed to invest this money into Casa Grande’s equity at project level ventures. In a press statement, Casa Grande stated that Avenue Venture [...] Continue Reading »



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