Cities
The Maharashtra Government has decided to give the developers in Mumbai an opportunity to use 100 percent of basement area in an upcoming building for parking facility. This initiative has been taken by the state in an attempt to avoid the parking woes caused by the occupancy of roadside spaces by cars. Currently, only 50 [...] Continue Reading »
Pune Municipal Corporation (PMC) has decided to give green signal to hoardings in the city which are illegal, if they follow the policy and proposed new rates of Rs 222 per sq ft. This decision was taken by the civic body after the Bombay High Court went crude over illegal hoardings and boards in Mumbai. [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) has planned of launching an electronic web based system to stop all the parking woes in the city. The main motive is to do away with the pay and park lots and issue printed receipts to the vehicle owners in the civic parking lots. The officials in the civic body are [...] Continue Reading »
Bombay High Court has recently given green signal for additional floor space index (FSI) for around 2,200 redevelopment projects in Mumbai. The only condition that was kept forward by the government was struck down by the bench. The condition was to grant extra FSI in case of ongoing redevelopment schemes for old cessed buildings. Earlier [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) which had kept buy and park options in some areas in South Mumbai is thinking of introducing variable parking rates in the city. The civic body is planning on a new policy to revise parking rates and that will be area specific. As of now, the rates will be higher in [...] Continue Reading »
The proposed Charkop-Bandra-Mankhurd metro line (CBM) is not yet sanctioned and not to be executed soon. However, the residents feel that it is unfair for the Mumbai Metropolitan Region Development Authority (MMRDA) to give unnecessary reasons of starting the project and making it an elevated corridor. The residents in the western suburbs of Mumbai are [...] Continue Reading »
Gurgaon- Now, the residents of Gurgaon can soon correct their discrepancies and objections of house tax assessment themselves by using municipal corporation web portal. This decision was taken by authorities of Municipal Corporation, Gurgaon (MCG) as it could not resolve thousands of pending objections. The house tax assessments were sent to residents by the municipal [...] Continue Reading »
Mumbai- City based leading realty firm Godrej Properties has signed two redevelopment agreements in two consecutive days with two private societies. On March 28, 2013, the company inked redevelopment pact with Sunder Sangam Cooperative Housing Society in Malad suburb of Mumbai. On March 29, 2013, the company signed its second redevelopment project with Sahakar Nagar [...] Continue Reading »
Chennai- Fomra housing and Infrastructure Pvt Ltd has launched its new residential project named “Fomra Celebration” at Ayanambakkam, Chennai. Fomra Celebration spreads across 12.3 grounds with an open area of 7.2 grounds. It offers 51 two and three bedroom apartments in seven blocks with ground plus four floors each. The size of these residential units [...] Continue Reading »
Rajkot- The real estate market of Gujarat is witnessing rapid growth and transition. Cities like Ahmedabad and Surat have lucrative market and now Rajkot is experiencing the same. In last 9-10 months, the residential property prices in Rajkot is seeing consistent hike of 8-10 percent. The city is preparing to house IT/ITeS companies which will [...] Continue Reading »
