Mumbai
Some heavy weights in politics are going to face the wrath of the Maharashtra state government soon. The state government has prepared a list of 26 people, including prominent politicians, who will face action for occupying more than one flat under the chief minister’s quota by producing false affidavits. The state found 52 such cases of [...] Continue Reading »
The Mumbai Metro master plan has been revised by the Maharashtra Government. The decision to revise the Metro master plan has been taken by the government to ensure that the Chatrapati Shivaji International Airport in Mumbai and the proposed international airport at Panvel in Navi Mumbai are directly connected. As a result of the revision, [...] Continue Reading »
Pune-based realty player Kolte-Patil Developers is expecting nearly 20-30 % of its revenues from the redevelopment market in the next three years. Mumbai’s residential redevelopment market is growing big as many old societies are taking up the renovation and redevelopment work. The government too has identified many housing societies which need immediate redevelopment to ensure [...] Continue Reading »
At his first public function in Maharashtra after taking charge as the Prime Minister of India, Narendra Modi laid the Foundation Stone of Jawaharlal Nehru Port Trust Special Economic Zone (JNPT SEZ), at Sheva in Navi Mumbai. Modi also laid the Foundation Stone for the project involving the widening of Port Connectivity Road from JNPT [...] Continue Reading »
According to the statistics with Major property portals, more than 15 new residential projects are scheduled to come up in the Kandivali East area of Mumbai in the coming years. The residential projects currently underway at Kandivali East are at different stages of construction. Some of the projects will likely be delivered to the buyers [...] Continue Reading »
Engineering major Larsen & Toubro today said it has bagged contracts worth Rs1,832 crore from various business segments since July. The company’s construction arm L&T Construction has won new orders worth Rs1,832 crore from across various business segments in July and August as according to a release issued here said. The company has bagged Rs1,008-crore [...] Continue Reading »
In the last six months the property sales have been very low in Mumbai and lesser project launches as compare to this time last year which indicates a half yearly report by the real estate research firm PropTiger. Although the figures look bleak the reports suggest that in fact it is a good time for [...] Continue Reading »
Many global retail business men have opted to come to India by opening a store in the NCR region or in Mumbai prior expanding it to other cities, as suggested by a study. The top four destinations that are being preferred by the retailers are Delhi, Mumbai, Bangalore and Hyderabad. The study has been done [...] Continue Reading »
CIDCO (City and Industrial Development Corporation) had appointed a Committee, headed by Mr. N V Mirani the former Principal Secretary, to survey the present condition of buildings constructed nearly 20-25 years ago in Navi Mumbai. The Mirani Committee, which submitted its report recently, stated that the buildings have become decrepit due to the lack of [...] Continue Reading »
The City and Industrial Development Corporation (Cidco) will soon build a modern township. It will take up the pilot project of 38 sq km on the 600 sq km of the Navi Mumbai Airport Influence Notified Area (NAINA), close to the new airport in Panvel taluka. The plot earmarked for the pilot project, is as [...] Continue Reading »
