Ghatkopar
Riding on Mumbai metro still looks like a dream as it won’t be ready by March 2013, announced by Maharashtra chief minister, Prithviraj Chavan. It was claimed that a part of the Versova-Andheri-Ghatkopar metro route would be thrown open to the public in March 2013. However, the ground level officials alleged that the time given [...] Continue Reading »
A recent survey by broking house Karvy shows that old apartments in Mumbai have more resale value and provide better investment opportunities as compared to new properties. The survey included inspection of 65 Mumbai and suburban properties. The higher resale value attributes to redevelopment prospects of the old properties. Also the fact that new projects [...] Continue Reading »
While Powai, the Mumbai suburb along the Central Line, has attained a premium tag with respect to real estate, few localities along the same line are still offering residential properties at affordable prices. Bhandup, Ghatkopar, Vikhroli and Mulund are some of those areas. In Powai, the average price is over Rs 11,000 per sq ft. [...] Continue Reading »
Godrej Properties is all set to redevelop a residential property of a private society in Ghatkopar, Mumbai. Mumbai based Godrej Properties, the real estate development arm of Godrej group, will be adding another redevelopment project to its portfolio with this one. The project spread over 2.5 acres will offer around 185,000 sq ft of free [...] Continue Reading »
According to a report by a real estate analysis firm, the sale and launch of residential properties in Mumbai and its suburbs is still slugging. The rates of apartments are still on the higher side and the potential buyers are deferring their decisions and as an outcome the rental rates in Mumbai have started increasing. [...] Continue Reading »
Housing Development and Infrastructure Ltd (HDIL) will construct a 100 acre township in Noida. This will be the first project by HDIL outside Mumbai. In this township project both plots and villas will be sold. HDIL is aiming to launch new project to enhance the cash inflow which will help them to reduce the debt [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) after two decades has finally planned to clean the roads in Mumbai city. The city main roads are maximum of the time full with vehicles parked regularly. Now that there is availability of treated waste water from Lovegrove Sewage Treatment Plant (STP) and surplus water tankers, BMC has directed its [...] Continue Reading »
BMC has allocated crores of rupees for the development of infrastructure in this and every budget. However, the services are yet to be seen in the city area. The problems that the denizens are facing in are garbage remains, water shortage, potholed roads, sewage overflow, etc. This time budget allocated is around Rs 26,581 crore. [...] Continue Reading »
Mumbai metro’s first phase has got a green signal! The MMRDA has approved of the plan and the construction of the first metro line will initiate soon. But the only problem is that it will take over a part of Maheshwari Temple land near Asalpha for the construction work. A notice has been sent to [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) is all set and ready to introduce new projects that will be discussed in the upcoming civic elections. Overall idea is to set up new sewage treatment plants across the city in Mumbai. Also BMC experts say that the bid for constructing new sewage plants has already been started and at [...] Continue Reading »
