Mumbai
The protests by the residents of a housing society in Chunabhatti, Sion in Mumbai have been falling on deaf ears as their builder has been garnering the rent against two mobile towers on their building without fail. The rent is being paid by the service providers for the towers to the builder for the towers [...] Continue Reading »
Plots in Mumbai which have been kept aside for affordable housing is being misused. More than 40% of the land has been either lying vacant or are encroached upon now. Five out of eight plots reserved for welfare centres are misused. Around 60% of plots are only used out of total. Malad-Malwani stretch in the [...] Continue Reading »
With the increasing environmental damage and encroachment on the Belapur Hill, the locals have demanded action against the same. Belapur Hill located in CBD Sector 8B is a forest area which has been saved by the local residents many a times. Several attempts have been taken to save the green area. Chipko Movement was one [...] Continue Reading »
Oberoi Realty, one of the renowned real estate developers in Mumbai is likely to invest in a residential project in NCR. The investment would be of small bracket of worth Rs 200 crore. Also, the group has plans of rechecking acquisitions in cities like Hyderabad and Bangalore. It has been confirmed by the company Chairman [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) has recently given green signal to a private developer to construct on a mangrove plot which lies in the Oshiwara-Lokhandwala area. This land is a controversial one because of a pending public interest litigation and a charge sheet. Reportedly, a commencement certificate (CC) was issued by an engineer in the BMC’s [...] Continue Reading »
Mahindra Lifespace Developers Ltd, the real estate arm of Mahindra group has given formal notice to property advisory, Cushman and Wakefield to sell a mill land parcel in Byculla, Mumbai. The five acre plot is expected to raise around Rs 600 crore revenue from the market. The company has currently seen marginally depressed land sales, [...] Continue Reading »
As per a study by Praja Foundation, the citizens in Mumbai are not satisfied by the services provided by the civic body and corporators. Brihanmumbai Municipal Corporation (BMC) has not shown any good performance and according to the report, average citizen satisfaction levels with the civic body’s performance was only 58%. Around 29,852 complaints were [...] Continue Reading »
In the Jan-Mar 2013 quarter, Mumbai has witnessed a slow down in the property launches. If sources are to be believed, then it was less than the Oct-Dec 2012 quarter launches which may be due to festivals like Diwali. As per research firm Liases Foras, in the Oct-Dec 2012 quarter, all over India including Mumbai [...] Continue Reading »
With the fast pacing growth in the city with high rise, Brihanmumbai Municipal Corporation (BMC) has no idea of the number of open spaces or plots in Mumbai. The civic body which is an authority body, supposed to keep records of all the plots available in the city, but fails to do so. It does [...] 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 »
