Bandra
Citibank, the leading foreign bank had put a flat for sale in 2008 in Malabar Hill‘s IL Palazzo building and Vinod Khanna, bollywood actor was the highest bidder with a record bid of Rs 1.20 lakh a sq ft for the 2,550 sq ft flat. But the actor did not go through the flat at that time. [...] Continue Reading »
Recently, Writer Realty, the real estate branch of Writer Group has brought a two-acre of land for Rs 200 crores in Bandra. The company is planning to utilise this land for mixed-use residential purpose. By next year they are planning to launch a luxury residential project which will be located near Pali Hill. There was a [...] Continue Reading »
Mumbai- Sandhu Palace, the tallest tower on Pali Hill, which is supposed to be the most expensive controversial residential building of Bandra, is up for sale. In October, Sandhu Developers, has put the property for sale at a price of $147 million, or around Rs 800 crore. More than Rs 60,000 per sq ft, was being [...] Continue Reading »
In India, where the bureaucracy is often criticized to be working under political pressure or in nexus with the lobbies, a bureaucrat’s action would be appreciated to work out a solid construction approval system in Mumbai. The influence of the powerful builders’ lobby in Mumbai has been curtailed due to the firm steps taken by [...] Continue Reading »
Owing to the reduced number of property sales, real estate developers of Mumbai are set to build smaller one bedroom flats. Market surveys and customer feedbacks have confirmed that there is a huge demand for 1 BHK flats. Therefore, around 1,000 one bedroom flats are being launched freshly in Mumbai. Hubtown Limited has launched 100 [...] Continue Reading »
After the caretaker scheme has been implemented, the adoption of the open spaces in Mumbai is getting tougher and costlier! The civic authority had earlier proposed to reduce the minimum bidding price but the groups which take care of open spaces feel it is the adoption policy which is stringent. Bandra Bandstand Residents’ Trust which [...] Continue Reading »
A builder in Mumbai was booked a case for taking over the possession of a bungalow in Bandra forcibly! Four private company security guards were detained for helping in breaking locks of the house! The surrounding residents called up Bandra police who rushed into the bungalow spot immediately and found a representative of MB Builders [...] Continue Reading »
Plots near Lilavati Hospital is soon going to see many development, thanks to Oberoi Realty. Oberoi Realty, a real estate based company is in the advanced stage of making a deal with Om Metals Consortium. The deal consists of a development project worth Rs 800 crore at Bandra Reclamation. The 6 lakh square feet plot [...] Continue Reading »
Christmas 2011 had been a fruitful festival for the Bandra-Khar residents. They received a genuine Christmas gift as an Eco-Garden. Due to Union Park Residents’ Association (UPRA) interference, the long dried garden could transform into a presentable situation in Union Park. An amount of around Rs 1.18 crore was spent from area development park for [...] Continue Reading »
It was quite surprising for the Tavaa restaurant on Turner Road in Bandra to welcome Brihanmumbai Municipal Corporation (BMC) for demolition. Even though the civic body had served noticed on the demolition drive, there was no response from the restaurant owner. The restaurant was complained of selling lethal weapons in Mumbai city. Therefore, Bombay High [...] Continue Reading »
