Eastern suburbs
In a landmark judgment, the Bombay high court on Wednesday held that developers and landowners cannot escape liability of surrendering their excess land despite the repeal of Urban Land (Ceiling and Regulation) Act in 2007. The HC empowered the state to recover the excess land for public housing from private landowners for violations under the [...] Continue Reading »
MUMBAI: The long awaited, 16.8 km Eastern Freeway’s first phase will be open for traffic by May end. Eastern Freeway will provide a signal free drive from Orange Gate on PD’Mello Road to the Ghatkopar-Mankhurd Link Road. This freeway will not only reduce the travel time from South Mumbai and Eastern Suburbs but will also [...] Continue Reading »
Mumbai government is shocked and worried to see a major slump of real estate for the fiscal year 2011. The overall revenue target for the current fiscal account has been reporting a major drop down. The eastern suburbs have traced a major drop in the real estate transactions. Rising property rates, inflationary pressures and constant [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) speaks about the present situation of the real estate in Bangalore. The officials claim that the north part of Bangalore is fast growing compared to the other cities. The commercial buildings in the city are talked off which comes in a faster pace and the [...] Continue Reading »
