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MMRDA

Reality of Bandra Kurla Complex

Reality of Bandra Kurla Complex
Bandra Kurla Complex was created by MMRDA as an alternate commercial destination to Mumbai. Till now BKC has grown as a commercial real estate destination and real estate projects lined up in the region. Currently, BKC has a total stock of 8 million square feet of office space. And an additional supply of 2.5 million [...] Continue Reading »

Construction permission of Adarsh did not cost Rs 12 crore less charge

Construction permission of Adarsh did not cost Rs 12 crore less charge
The permission granted for construction of the podium and condoned deficiency in open space for the Adarsh apartment. The permission was granted on the basis of Development Control Regulations of 1991. It is being claimed that the permission leads to a loss of Rs 12 crore to the government as the premium was not paid [...] Continue Reading »

Metro and mono rail boon or bane in Mumbai?

Metro and mono rail boon or bane in Mumbai?
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 residents protest over pillar placement for monorail

Mumbai residents protest over pillar placement for monorail
Residents in apartment in Mumbai have been protesting over placement of pillars for the second phase of the monorail to come up at Sakaram Pawar Marg near Currey Road station. The protests were on the face of the Mumbai Metropolitan Region Development Authority (MMRDA) who is also the implementing agency for the monorail. The residents [...] Continue Reading »

Apartment illegal basement construction traced in Mumbai

Apartment illegal basement construction traced in Mumbai
A mega residential project Fountain Square at Jogeshwari has been issued noticed by Mumbai Metropolitan Region Development Authority (MMRDA). MMRDA recently learnt that Fountain Square had constructed unauthorized basements at its premises. Long ago these apartment builders namely; Shri Shubh Builders and Sonata Realty had received notices form MMRDA to pause the basement construction work. [...] Continue Reading »

Mumbai metro to be built over temple land

Mumbai metro to be built over temple land
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 »

Indian real estate facing a recession trend

Indian real estate facing a recession trend
The real estate is right now on a recession trend and the same scenario is likely to continue in 2012. With the recession hit, the real estate development authority has decided to stop the land auctions from next year. It has been learnt that due to downfall in real estate market, since three years Mumbai [...] Continue Reading »

MMRDA razed out 600 hutments

MMRDA razed out 600 hutments
Mumbai city development agency demolished around 600 hutments which was blocking the way of Sahar Elevated Road project. Mumbai Metropolitan Region Development Authority (MMRDA) who took initiative of demolishing these huts say that this has been a major demolition drive since 2008. For now, MMRDA claim to have demolished 100 huts in Sambhaji Nagar, 150 [...] Continue Reading »

World Bank to fund Indian Infrastructure

World Bank to fund Indian Infrastructure
The World Bank (WB) has joined hands with the Indian banks and also India Development Foundation and the Public Private Infrastructure Advisory Facility to fund for the infrastructure development in cities in India. Vijay Kelkar the chairman the finance commission has been given the initiative to investigate on the excess public land in India. One [...] Continue Reading »

MMRDA to spend Rs.600 crores for Road Construction

MMRDA to spend Rs.600 crores for Road Construction
In Mumbai there is frequent complaint over the issues of tardy roads all over the city. Henceforth to give a pause to all the issues related to road development Mumbai Metropolitan Region Development Authority (MMRDA) has already bid orders for the improvement of the roads in Mumbai city. This authority is ahead decided to spend [...] Continue Reading »



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