Mumbai
Mumbai- Some of the shop owners of New Mayuresh Darshan Housing Society have filed a case against the illegal construction of a cellphone tower in Kalyan Housing Society alleging it can cause health problems for the public. But the Kalyan civil court rejected the stay order. Reacting to the judgement, Rajan S Mathews, director general, [...] Continue Reading »
The BEST is planning to cut down the bus strength by more than 300 in Mumbai which was discussed in the budget proposal for 2013-14. The blueprint, if executed, the commuters will suffer a lot and it will impact 500 recent shuttle bus routes, having many routes cancelled in the near future. According to budget [...] Continue Reading »
Mumbai- Real estate builder Royal Palms India is planning to sell four of its hotels in the city and hope to boost around Rs 2, 500 crore regarding enlargement as well as diversification in the farming industry. They have already bought 300 acres of agricultural land and planning to harvest high-paying crops, from grains to [...] Continue Reading »
Ulwe, a village with mess and uneven streets in the outskirts of Mumbai which even lacks basic facilities but flats in that area will cost you a bomb. The cost of the flats is beyond the reach of mediocre family. Home buyers who were planning to buy in this area said that many builders demand [...] Continue Reading »
CREDAI has criticised the proposed real-estate regulatory bill by saying it is anti-people, which is expected to be tabled this winter season. The bill seeks to determine some sort of regulatory authority for the real estate sector. The Confederation of Real Estate Developers Associations of India (CREDAI) classified the Bill as anti-people and said the [...] Continue Reading »
It has been found that there is a downfall in the rental value mainly in the metro cities, however, the price of the property remains constant. Rental values have reduced to one percent in the Mumbai Metropolitan Region and the National Capital Region (NCR) which was 3-5 percent in 2010 and 2-3 percent in 2011. [...] Continue Reading »
According to Knight Frank report, the real estate sector will continue to remain a good investment destination with properties in several residential areas in selected cities likely to appreciate by 91-145 per cent over the next five years. High possible return on investments ranging between 18.6% and 29% per annum over the next five years [...] Continue Reading »
While Shiv Sena plan to construct a memorial of Sena chief Bal Thackeray at Shivaji Park, the residents are busy discussing on what has to be their move in opposing it. Residents had a discussion over the course of action and decided to react only after an official move is made either by the government [...] Continue Reading »
Ulwe in Mumbai has become one of the top destinations for investment in the residential real estate sector where housing prices are assumed to raise by 145 per cent over the next five years. Out of the top 13 destinations, housing prices is expected to hike at a fastest rate at Ulwe (Mumbai) in 3-4 [...] Continue Reading »
Nashik- Citizens of some areas like Chetna Nagar, CIDCO, Rana Pratap Chowk, Rajeev nagar and Rane Nagar are facing difficulty in catching buses as thay have to struggle to cross the new flyover in the absence of foot-over bridge. The situation has worsen as the bus drivers take the flyover instead of the service road. While the [...] Continue Reading »
