Kurla
Whilst the India’s first double-decker flyover— Santa Cruz-Chembur Link Road (SCLR) — has started providing much-needed east-west connectivity, experts suggest that around the stretch the real estate market is most likely to go up, which is being seen as a good sign. There has already been a jump of close to 25 per cent in [...] Continue Reading »
Santacruz-Chembur Link Road (SCLR) is India’s first double decker flyover. The work for the project was undertaken under the Mumbai Urban Transport Project of MMRDA. Starting from Vakola Junction on the Western Express Highway and extending up to Amar Mahal Junction near the Eastern Express Highway, it provides the much-needed east-west connectivity in Mumbai. Short [...] Continue Reading »
The much-awaited Santa Cruz Chembur Link Road (SCLR), which was delayed by 11 years, by breaking 11 coconuts and burning incense sticks, was finally inaugurated by the MMRDA officials recently. Due to election code of conduct politicians were missing from the inauguration, MMRDA quickly completed the ceremony and opened up the link road. Direct connectivity [...] Continue Reading »
Housing Development & Infrastructure Ltd has been asked by the High Court to consider handing over possession of ready flats at its Premier Residency project at Kurla in Mumbai. The Bombay high Court suggested that the lawyers representing the developer and home buyers should try for an out of-court settlement. Aejaz Saiyed, who has bought [...] Continue Reading »
The MMRDA official was hoping to complete new building by September 2014, as per the earlier deadline. Mr. UPS Madan, MMRDA’s metropolitan commissioner, says that there has been some obstruction as the interior work is going on. They hope to finish the work in 6 months. The cost of this project is also increased because [...] Continue Reading »
As per the data available with BMC, out of 593, only 30 percent dangerous buildings in the city have so far been vacated. After the 7 storey building in Vakola collapsed on an adjoining chawl last week in which 7 persons got injured, the BMC is now focusing on getting evacuated the dangerous building in [...] Continue Reading »
After so many worthless attempts of borrowing the land, the Maharashtra Housing and Area Development Authority (MHADA) is ready to issue tenders for constructing affordable housing on 67 vacant plots all across the city. In a recent review of MHADA, totaling to more than 12 hectares of land was found. An official also mentioned that [...] Continue Reading »
There have been more number of constructions and property developments in Kurla in Mumbai in recent times. One of the suburbans in Mumbai which was previously known for congestion, make-shift garages, small stores for industrial spare-parts and slums has now transformed into one of the hot spots for realty development. Properties in Kurla are being [...] Continue Reading »
The online property registrations were severely affected due to a server crash at the sub-registrar’s office in Chembur, Mumbai. The areas include Kurla, Powai, Sion, eastern and central suburbs. Officials said that the server was suffering from technical issues from the past week and that there were efforts being put to restore it. The daily [...] Continue Reading »
Mumbai has topped the office space absorption across cities in Q3 of calendar 2012. Real estate consultancy Cushman & Wakefield reported that the total office space off-take was 2.23 million sqft (msf) in Q3, which has increased by more than 50 per cent over the previous quarter. Chennai was second with 1.32 msf in office [...] Continue Reading »
