Apartment in Mumbai
BMC is coming up with a new mechanism to find out and demolish the illegal constructions or the changes that have been done in a building or apartment in Mumbai by making a special team of officials who will be responsible for eradicating such structures. This motion will be public from May onwards where at least [...] Continue Reading »
A new policy is in the making by Brihanmumbai Municipal Corporation (BMC) regarding new cellphone towers in Mumbai. According to the draft policy, the new cellphone towers to be built on the terraces have to be out of bound for residents of apartments in Mumbai. The policy has been formulated following the guidelines and instructions [...] Continue Reading »
It is reported that more than half of Mumbai’s luxury apartments, both developed and under construction, remain unsold. It is found that more than 3300 luxury apartments were developed in Mumbai and priced in a range of Rs 10 crore to 100 crore. The regulatory uncertainty, surging prices and supply glut had prompted the super-rich [...] Continue Reading »
Film Actor Salman Khan has purchased a 1080 sq ft under construction apartment in Mumbai for Rs 20 crore. This is about Rs 1.8 lakh per sq ft. The apartment is constructed by the Samudra Developers in Bandra. According to the activists Salman had paid more money than the market rate of properties In Bandra. [...] Continue Reading »
A resident in an apartment in Mumbai every morning make it a point to fill a container with grains to feed the flocking sparrows on her apartment’s balcony. The resident is a homemaker has this habit of feeding birds as she loves them. Another resident in the sixth floor of the same apartment named Ankita [...] Continue Reading »
Property prices in the Mumbai region has seen an escalation in prices when compared with per square feet prices (PSF) of first quarter of 2012 over same period last year. The real estate market of Mumbai has always been an attractive destination for buyers because it provides high return on investments. Despite the slowdown in [...] Continue Reading »
A luxurious apartment will be constructed in the place of a famous Studio in Mahalaxmi. One of the oldest studios in the city was bought by Piramal realty. In the joint development agreement with the owner of the studio, Piramal realty will construct a luxurious residential apartment in Mumbai. The total cost of the project [...] Continue Reading »
The real estate developers are worried with the properties in Mumbai not be sold kept pending since long time. Even in such a kind of scenario, the property prices are increasing. According to the recent research by Liases Foras, an average apartment in Mumbai costs Rs 2.60 crore. When compared to year 2011, the property [...] Continue Reading »
Residents in apartment in Mumbai have been protesting over placement of pillars for the second phase of the monorail to come up at Sakaram Pawar Marg near Currey Road station. The protests were on the face of the Mumbai Metropolitan Region Development Authority (MMRDA) who is also the implementing agency for the monorail. The residents [...] Continue Reading »
Wadia group is aiming for the high end society for their realty projects. Recently they have launched a new luxurious residential project in Mumbai. According to Wadia group experts, the company is aiming to concentrate on the premium end of property buyer’s market. Wadia group believe there is a shortage of supply in premium luxurious [...] Continue Reading »
