Land in Mumbai
The biggest parcels of land in Mumbai are believed to collect the highest bid of Rs 1,155 crore. It is rumor that the Oberoi Realty may be the highest bidder. A source of Tata Housing says that they are still in the race. The bidder has not been finalized yet and the process is still [...] Continue Reading »
Mumbai developers and investors are eying on the the city’s slums as opportunity. The city is witnessing a shortage of land as the population and demand for housing rises. Due to these reasons, slums are the only places left which have the land in abundant. Many builders and investors have shown interest in redeveloping slum [...] Continue Reading »
Housing Development & Infrastructure Ltd (HDIL), a renowned real estate developer is to sell a two acres plot in Andheri, Mumbai. The deal has been stuck at around Rs 300 crore between HDIL and another real estate group. This plot was already a part of the land on which its residential project Metropolis was being [...] Continue Reading »
As an initiative to increase affordable housing in the city, Maharashtra Government has made 20% of land mandatory for the same. The step has been taken keeping in mind to provide housing for economically backward classes and low income group people. Reservation of land would be done only on a 2,000 square meter of land. [...] Continue Reading »
