buildings in Mumbai
Brihanmumbai Municipal Corporation (BMC) has recently awarded a tender of Rs 33 crore to replace age old pipelines in South Mumbai. The administration has proposed to repair or replace pipelines measuring 16.06 km from Colaba to Worli. For A, B and E wards, a Rs 15.3 crore contract has been awarded for water mains to [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) has started a survey in every ward to identify buildings which have been constructed on top of water pipelines in the city. Recently, a major water pipeline under a building in Govandi has bursted which took life of a resident leading the civic body to go on with this move. Now, two [...] Continue Reading »
About 26 developers are at the receiving end as they have failed to hand over the state government’s share of tenements. Also, the builders have ignored the notices that had been sent to them by the state urging them to hand over the buildings soon and also pay the penalty for the delay. Maharashtra Housing [...] Continue Reading »
Unsatisfied property owners in Mumbai are planning to move court over the new way of calculating property tax. There had been already many criticisms in the past against the imposition of property tax in Mumbai and its suburbs with retrospective effect. The property tax system based on capital value that has been planned recently but will [...] 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 »
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 »
With the increasing population and vehicles on road, Brihanmumbai Municipal Corporation (BMC) had thought of an initiative to put an end to parking woes. If everything goes fine and the proposal gets approved, some of the areas in South Mumbai will be reserved for parking vehicles. Owners will have to pay to reserve the space [...] Continue Reading »
Ajay Piramal-backed Indiareit Fund Advisors Pvt. Ltd has raised a Rs 250 crore fund that will be invested solely in redevelopment projects of slums, old housing societies and ceased buildings in Mumbai. The real estate fund has planned to raise another Rs 200-250 crore before closing the fund in a couple of months. According to [...] Continue Reading »
The state government has proposed to give 2.5 floor space index (FSI) to dilapidated buildings in the Mumbai Metropolitan Region. With this decision the builders will get the chance to construct more apartments, which will definitely increase the supply of the properties in Mumbai region. The government officials have confirmed that the decision to give [...] Continue Reading »
MHADA started repairing the cessed Laxmi apartment in Byculla. A part of the under repairing building has collapsed and two labourers were killed in the incident. According to the fire brigade department, the Laxmi apartment on N M Joshi Road is more than 50 years old. It is a four storey building which was being [...] Continue Reading »
