Mulund
Oberoi Eternia and Enigma in Mumbai’s fastest growing suburb Oberoi Realty today announced its foray into the central suburbs of Mumbai with the launch of its twin developments, Eternia and Enigma, at Mulund. The projects are located on the arterial LBS Road in one of Mumbai’s fastest growing suburb. Singapore-based architects, HB Design will design [...] Continue Reading »
Pune-based realty player Kolte-Patil Developers is expecting nearly 20-30 % of its revenues from the redevelopment market in the next three years. Mumbai’s residential redevelopment market is growing big as many old societies are taking up the renovation and redevelopment work. The government too has identified many housing societies which need immediate redevelopment to ensure [...] Continue Reading »
In the next 2-3 years, Mulund area is set to receive a lot of residential projects. The projects include apartments ranging from 1 to 4-BHK units with prices varying between Rs 80 lakhs to over Rs 3 crores. In January 2014, the Supreme Court cleared the long disputed forest land and the developers have started [...] Continue Reading »
The flagship firm of Harsh Goenka’s RPG Group, KEC International, has put a seven-acre plot in Thane on the block. As per sources the plot is likely to be purchased by Tata Housing for 210 crore, previously housing its cable manufacturing facility. A person close to the development said, for the last three months, the [...] 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 »
The state government has asked for a legal opinion whether a review petition against the recent Supreme Court order of removing the “private forest” tag attached to huge swathes of land across the state, should be filed. The ruling has brought relief to at least five lakh residents and builders linked to hundreds of acres [...] Continue Reading »
The Supreme Court’s decision to remove the forest tag from huge tracts of land spread over Mumbai, has brought respite more than five lakh residents. The apex court has quashed all prior notices and orders regarding encroached forest land issues, in the last nine years, about the various areas bordering the Sanjay Gandhi National Park in [...] Continue Reading »
Mumbai: Kanjur Marg is an upcoming destination for the affordable housing seekers in Mumbai. This suburb lies in between Vikhroli and Bhandup. It is generating good employment opportunities and has commercial spaces like Damji Shamji Business Galleria in Kanjurmarg West. Damji Shamji Business Galleria is fully air-conditioned, has retail as well as commercial spaces making [...] Continue Reading »
A builder was asked to pay compensation of Rs 2 lakh to a couple by the Maharashtra State Consumer Commission for cancelling a booking of a flat. The builder cancelled the booking when the Thane based couple denied to pay Rs 1,000 per square feet which is more than the booking rate. The couple booked a 1,200 sq [...] Continue Reading »
While Powai, the Mumbai suburb along the Central Line, has attained a premium tag with respect to real estate, few localities along the same line are still offering residential properties at affordable prices. Bhandup, Ghatkopar, Vikhroli and Mulund are some of those areas. In Powai, the average price is over Rs 11,000 per sq ft. [...] Continue Reading »
