Dharavi
Commercial offices are moving up north and Nariman Point is seeing lesser takers. In fact, old Mumbai’s central business district (CBD) is losing its glory. A report by JLL, titled Mumbai Offices 2020, explains that the transition is due to lack of quality office stock and the complicated ownership structure that was evident throughout South [...] Continue Reading »
Mumbai Metro Rail Corporation (MMRCL) will issue detailed tenders for Metro Phase-3 by July 2014. The contract will be awarded to bidders by October 2014. The construction of this project of 32.5 Km long Colaba-Bandra-SEEPZ underground metro corridor is likely to start from January 2015. Mr. Sanjay Sethi, Managing Director, MMRCL and Additional Metropolitan Commissioner, [...] Continue Reading »
If you are a regular traveller via the Kalanagar junction then a good news for the commuters especially to and from the Bandra-Kurla Complex is the city’s business park. To save travelling time, the Mumbai Metropolitan Region Development Authority (MMRDA) is planning to come up with two tunnels and a flyover connecting BKC. The flyover [...] Continue Reading »
Residents of Dharavi have staged a protest against Government for not going on with the Dharavi Redevelopment Project (DRP). It was a day long protest near T-Junction by the residents who demanded back the original project of five- sector. They also demanded the removal of the current Mhada contract. More than 1000 people gathered and [...] Continue Reading »
Maharashtra government has announced changes in the Development Control Rules (DCR) for the Dharavi slum redevelopment ahead of Mumbai civic polls. The redevelopment plan of Dharavi was approved in 2004 with an aim to develop roads, toilets, gardens and basic amenities in the area. After the redevelopment, standard of living can be improved and around [...] Continue Reading »
The rate of slums in India are more than countable. Even though slums are emerging from two or three decades, it comes as a surprising news that only less than 1000 families claim ownership. Even today Dharavi in Mumbai, once Asia’s largest slum till date has more than 59,000 tenements in it and hardly 20 [...] Continue Reading »
The USP of a property in Dharavi is that it can be used either for residential or commercial gains. The owner can make a good sum if he uses it for commercial purposes. If, instead, he diverts the property for residential purposes, he will charge a high rent to compensate for the loss of income [...] Continue Reading »
For many, Independence is like a point in history. The words ‘freedom’ and ‘liberty’ need to be revisited. The constitution provides us with a rule of law and an ideal that we need to strive to achieve our goals.It’s not only saluting the national flag and giving speeches but also taking the Constitution’s ideals forward. [...] Continue Reading »
