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Marine Drive

Property prices stay put

Property prices stay put
Real estate prices have remained untouched in last quarter of 2013, regardless of political uncertainty, liquidity issues, high interest rates and cautious sentiments. Property rates at Colaba, Marine Drive, Dombivali, and Ambernath went down by seven to 13 per cent whereas rates went up by 10 to 12 per cent at places like Hiranandani, Lower [...] Continue Reading »

Cuffe Parade flat fetches 30cr in public auction

Cuffe Parade flat fetches 30cr in public auction
For a seafacing Cuffe Parade flat, a famous businessman outbid others at a public auction in the Bombay high court with his offer of Rs 30.50 crore. For liquidation proceedings against a city businessman who owned the flat the 3,000 sq ft apartment in Maker Towers B was put up for auction. The flat was [...] Continue Reading »

Cuffe Parade flat gets 30cr in public auction

Cuffe Parade flat gets 30cr in public auction
The 3,000 sq ft apartment in Maker Towers B was put up for auction following insolvency proceedings against a city businessman who owned the flat that sold for Rs 1.01 lakh per sq ft. The prominent businessman outbid others at a public auction in the Bombay high court on Tuesday with his offer of Rs [...] Continue Reading »

Rs 600 Crore projects planned in Kochi

Rs 600 Crore projects planned in Kochi
At the state department of Urban Affairs organized “Partner Kerala Summit”, the Greater Cochin Development Authority (GCDA) and the Kochi Corporation have unveiled projects worth over Rs 600 Crore. While the Kochi Corporation is showcasing projects including commercial complexes and hubs at key locations in the city amounting to Rs 244 crore, the GCDA proposed Rs 360 [...] Continue Reading »

Residents unhappy about proposed elevated rail corridor project

Residents unhappy about proposed elevated rail corridor project
Mumbai- The project of elevated rail corridor from Virar to Oval Maidan, has been opposed by the residents of South Mumbai, since they are worried if it would bring down the sanctity of Oval Maidan and would risk the surrounding projects. Requesting the authorities to conduct an Environmental Impact Assessment (EIA) of the area before [...] Continue Reading »

13-storey building construction banned by HC in Marine Drive

13-storey building construction banned by HC in Marine Drive
The Bombay high court has restricted developer Vasant Sagar Properties Pvt. Ltd from carrying out any construction work beyond five floors. The builder had proposed to build a 13-storey residential building in Marine Drive, which violates the height limit of 28 meters. However, the builder said that all rules were being followed for construction and [...] Continue Reading »

Parking facility on rotation basis

Parking facility on rotation basis
If you are a resident belonging to areas like; Malabar Hill, Marine Drive, Peddar Road or Napeansea Road in Mumbai get ready to bag your chance for availing parking facilities in your locality. The fed up Birhanmmbai Municipal Corporation (BMC) has now stared providing parking spaces for residents either on rotation basis or through queue [...] Continue Reading »



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