Chief minister Prithviraj Chavan
In the run-up to the elections, the Prithviraj Chavan government in Maharashtra has been busily allotting more floor space index (FSI) to real estate projects. The Urban Development Department accounted for the second highest number of files cleared by the Chief Minister’s Office across 49 departments between June and September this year. A total of [...] Continue Reading »
The Housing Regulatory Act was designed with a view to regulate and promote construction, sale, management, and transfer of flats on ownership basis. Under this Act, it is now essential that project developers pay a fee close to Rs 50,000 in order to register their projects online through a government website, listing all the project [...] Continue Reading »
The state government in Maharashtra said that the Maharashtra Coastal Zone Management Authority (MCZMA) controversial decision to declare the Mahim shore as a bay and the clearing of building proposals near the coast includes a prime 5.5 acre Prabhadevi plot. The Chief Minister, Prithviraj Chavan put the brakes after the July 4th Times of India’s [...] Continue Reading »
On Friday, Rs 4,240 crore FY 2014-15 Budget was approved by Maharashtra Chief Minister Prithviraj Chavan, for the Mumbai Metropolitan Region Development Authority (MMRDA). The allocation of the mentioned FY 2014-15 Budget amount for the MMRDA is an evident indication of the fact that the metro rail, mono rail and flyovers for the Mumbai metropolitan [...] Continue Reading »
Residents across Mumbai, Thane, Navi Mumbai thronged Mantralaya, headquarters of the state government to submit forms that they believed would help them get a house in Powai for a meager Rs 54,000 under a low-cost housing scheme floated by CM Prithviraj Chavan. CMO’s desk section received the forms during the day, and due to immense [...] Continue Reading »
Around 225 former and serving legislators will have to pay over Rs 85 crore as penal interest and delayed amount in Maharashtra. They have been penalised for failing to make the full payment of the flats allotted to them in Versova by Maharashtra Housing and Area Development Authority (Mhada) in 2009. Compared to the market [...] Continue Reading »
The state housing department in Mumbai is refusing to handover the flats built on the mill land at its cost price. The flats here have been built upon the mill land each measuring 225 square feet. The department has finalized Rs 8.34 lakh as the flat rates and now this is in the issue. These [...] Continue Reading »
The Bandra-Kurla Complex (BKC) in Mumbai is being over populated with increasing residential constructions. The real estate experts, the property consultants Knight Frank India and the developers are questioning the need for expansion of residential structures in BKC. No wonder, very soon four luxury residential towers will be completing its construction phase, Piramal Sunteck will [...] Continue Reading »
