Mumbai
Real estate projects in Juhu whose no objection certificates (NOCs) were to be reviewed are found proper now. This is with reference to previous report which said No Objection Certificates (NOC) that were given to projects in Juhu will be reviewed again. Authorities had also assured that the No Objection Certificates (NOC) that were given [...] Continue Reading »
Citizen groups and other bodies scrutinizing the BMC maps have so far found 550 errors in classifying the city’s open spaces. Many open space plots have been wrongly recorded as being used for some other purpose or marked as ‘vacant land’. There are also instances where partially constructed plots have been shown as open spaces. [...] Continue Reading »
Mumbai- The Mumbai realty market has just blinked after four years of rigorous high prices midst sluggish sales, crippling liquidity crunch and rising cost of capital. About three popular developers have either cut down their prices by about Rs. 2250 to Rs. 5,000, or have initiated flexible pricing of a single project or have launched innovative schemes to [...] Continue Reading »
The UP government is to sign the state support agreement (SSA) with the center for a multi-crore Delhi Mumbai Industrial Corridor (DMIC) project in a three day international summit in Agra. Anil kumar Gupta, UP’s infrastructure and industrial development commissioner declared that the agreement will be signed by the state government and Union Ministry of [...] Continue Reading »
There have been more number of constructions and property developments in Kurla in Mumbai in recent times. One of the suburbans in Mumbai which was previously known for congestion, make-shift garages, small stores for industrial spare-parts and slums has now transformed into one of the hot spots for realty development. Properties in Kurla are being [...] Continue Reading »
Andheri East, one of the prime localities in the western part of Mumbai is witnessing constant price hikes of apartments in recent times. Three months ago, multi-storey apartments in Andheri East which were priced at Rs 12,000 per sq ft have now come up to Rs 15,000-17,000 per sq ft. Furthermore, average prices for residential [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) is planning to frame a new policy to keep noise pollution to minimal at construction sites. With increasing construction of properties in Mumbai, noise pollution is also on a rise. The number of complaints related to noise pollution is increasing day by day. A policy is needed to keep a check [...] Continue Reading »
Real estate projects near Juhu Airport are going to get affected as the Airport Authority of India (AAI) has hinted that it will not be shutting down the airport’s secondary runway. The authorities have also assured that the No Objection Certificates (NOC) that were given to 120 projects including high rise properties in Juhu will [...] Continue Reading »
Riding on Mumbai metro still looks like a dream as it won’t be ready by March 2013, announced by Maharashtra chief minister, Prithviraj Chavan. It was claimed that a part of the Versova-Andheri-Ghatkopar metro route would be thrown open to the public in March 2013. However, the ground level officials alleged that the time given [...] Continue Reading »
The redevelopment of of old buildings in South Mumbai awaits final environmental clearance. The work on the city’s largest project of cluster redevelopment of buildings can start only after this final nod. The Bohra community’s Rs 1,500-crore redevelopment project in Mumbai, spread over 14 acres in Bhendi Bazar recently got approval from the State Environment [...] Continue Reading »
