Mumbai
After the demise of Shiv Sena chief Bal Thackeray, specualtions are high regarding the control of Shiv Sena over Brihanmumbai Municipal Corporation (BMC). BMC is perceived as a mini-government within Maharashtra state and it directly controls one of the World’s most costliest properties in greater Mumbai. Developers since the past few years have been relying [...] Continue Reading »
The city of Mumbai came to a standstill after the death of Balasaheb Keshav Thackeray, founder and chief of the Shiv Sena. Balasaheb, an iconic figure in Indian politics and firebrand leader of regional politics in Maharashtra, died on 17th November in Mumbai. Life in the financial capital of India, the maximum city, came to [...] Continue Reading »
Mumbai- Inspite of downfall in sale, the demand for ultra-luxury and luxury homes is rising in the metro cities. A few luxury residential projects were launched despite of dullness in the real estate sector, according to a report by Jones Lang LaSalle, a real estate consultancy firm. The rise in the number of high networth [...] Continue Reading »
The residents complained that they are facing health issues as Brihanmumbai Municipal Corporation (BMC) burning excess waste violating rules. However, the BMC has denied the allegation by residents. With no other option in hand, BMC had to shift overflowing waste from Kanjurmarg to Deonar as High Court temporarily banned dumping waste at Kanjumarg after Vanashakti, [...] Continue Reading »
Every rich man’s dream is to acquire a property in Lutyens in Delhi or South Mumbai. Perhaps to acquire a property can be quite tedious due to the limited supply. A ray of hope is given by the old owners who are in feud, as most of the businessmen are able to get their dream [...] Continue Reading »
Majority of the builders have starting selling apartments on the basis of carpet area instead of the super built-up area after years of delay and now it has become the norm. Even the buyers are ready to pay as they have to pay for the actual area of their property. The best thing about it [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) has decided to prepare a demand management policy following the complaints of inadequate water supply in large parts of the city. BMC is planning to approach Madhav Chitale, hydraulic expert for advice and a blueprint. The blueprint will have alterations that need to be made in the system so that [...] Continue Reading »
In spite of economical issues, construction field remains buoyant, particularly from the private housing as well as industrial segments, according to RICS India Structure Industry survey. According to the report, lack of labour and fiscal demands continue being the prominent factors limiting construction activity followed by planning and regulatory issues, the report explained. Challenge in [...] Continue Reading »
The civic corporation has identified 3,600 mobile towers among which 1,800 are illegal towers in the metropolis and now Sitaram Kunte, the Brihanmumbai Municipal Corporation (BMC) Commissioner is thinking to take action against their operators. The councilors in the BMC advised to take stringent action against the illegal mobile tower operators. The health risks like [...] Continue Reading »
The property sale has not picked up but the builders are increasing the prices to attract property buyers. According to the real estate brokerage firm, Groffr.com’s report, in the last three months (August-October) the property rates have gone up almost by 6 percent. It is said that the developers are mainly hiking rates in projects which [...] Continue Reading »
