MMRDA Mumbai
CBRE, the leading property consultancy firm report makes it clear that with the government planning major infrastructure projects in the Mumbai Metropolitan Region, the area is emerging as a growth centre for real estate sector. There has been a significant increase in demand for commercial and residential properties in areas where major infrastructure projects are planned. [...] Continue Reading »
A report of the Comptroller and Auditor General (CAG) of India has revealed that Mumbai Eastern Freeway project failed to match up to the plan; thereby underscoring the fact that MMRDA could not achieve the targets which had been set under the Mumbai Urban Infrastructure Project. Highlighting the shortfall by the MMRDA, the CAG report [...] Continue Reading »
As a result of an apparent delay, for at least a few weeks, in the south-bound carriageway of Mumbai’s Kherwadi flyover, the entire process involving the construction of the flyover has been thrown off schedule. According to the earlier plan, the Mumbai Metropolitan Region Development Authority (MMRDA) – the Kherwadi flyover project’s executing authority – [...] Continue Reading »
Usually the cost of major transport infrastructure projects tends to be very high. They often shoot up at fast paces because of delays and several design changes. But surprisingly, the cost of a road between Bandra Kurla Complex and Eastern Express Highway has been lowered down majorly. The cost has been reduced by 22% because [...] Continue Reading »
Maharashtra chief minister Prithviraj Chavan has confirmed that the housing policy which was long pending will be announced in the next two days. This was announced during a meeting where all housing and other related issues were discussed. The meeting was attended by all the MLAs from Mumbai. With the announcement, it is believed that [...] Continue Reading »
The rental housing scheme by MMRDA has been lying aside for a while as it is awaiting final approval from the state CM. This scheme has become one of the worst-hit projects of MMRDA as around 5,000 flats have been constructed but none have been allocated. These 5,000 flats in Thane have been constructed by [...] Continue Reading »
Many developers are rolling out special offers ahead of Diwali at the Maharashtra Chamber of Housing Industry’s (MCHI) on-going property exhibition at Mumbai Metropolitan Region Development Authority (MMRDA) grounds. Free parking space, club membership offers, removing stamp duty-registration and maintenance charges are some of the primary offers, while the most lucrative offer continues to be a [...] Continue Reading »
The Maharashtra government, plans to implement the recommendations of the Asthana Committee in the rental housing project. The project involves construction of 5 lakh flats in Mumbai Metropolitan Region (covering some areas in nearby districts) and giving them out on rent. The rent for these flats is expected to be Rs.800 – Rs.1,500. The rental [...] Continue Reading »
In several parts of Mumbai city the metro and mono rail construction has just kick started! Paving way for the convenient transportation facility for the citizens of Mumbai, the project has been planned by MMRDA. When traced the recent construction growth it was learnt that the metro and mono rail construction is turning to be [...] 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 »
