Mumbai
Good news awaiting for buyers of properties in Navi Mumbai! With the delay in new airport, the rates of properties around Navi Mumbai are going to be further down as per reports. The prices of properties in Navi Mumbai have been on a seesaw the time the airport proposal was announced. However, the buyers can [...] Continue Reading »
Maharashtra Chief Minister has claimed that there will be a new funding model for all the proposed metro projects in the state. The CM announced it recently in the Legislative Council after the central government turned down the proposal of relaxing the norms used for providing the funds for metro projects. The projects were supposed [...] Continue Reading »
With the increasing property deals of high value in the state, it has been forecasted that the stamp duty collection is also going to boost up. As per Inspector General of Registration and Controller of Stamps, revenue generated from stamp duty will be around Rs 2000 crore in the financial year 2012-13. However, the property [...] Continue Reading »
Union Minister for Housing and Urban Poverty Alleviation Ajay Maken has shown pity over houses of slum dwellers in Mumbai. He has recently written to the Maharashtra Chief Minister asking him to stop the demolition work on the properties of slum dwellers. This had been done after the recent delegation of the National Alliance of [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) is planning to eradicate the illegal mobile towers in the city. In the action, many housing societies are also going to face the heat because of the same. As per the civic body, around 1830 mobile towers out of 3705 towers in the city are illegal. Out of these, many have [...] Continue Reading »
The real estate private equity arm of Piramal Enterprises, Indiareit Fund Advisors has recently made two investment in realty projects in Mumbai, Pune and Bangalore. The total amount of investment made is around Rs 200 crore. The first investment made is worth Rs 100 crore in a project by Omkar Realtors & Developers. This a residential [...] Continue Reading »
The MCHI Credai property exhibition, which spreads across 200,000 feet of land, will be held from April 11 to 14, 2013 at MMRDA Grounds. This is the 21st Real estate and Housing Finance Exhibition, where home buyers are welcomed and make the decision on home buying. The developers is going to showcase 12,000 plus properties spread [...] Continue Reading »
If you are looking for an apartment in Mumbai, then Thane is the locality which can give you good returns. As many as fifty new properties have been launched in Thane in recent months in various budget brackets giving home buyers various options. The place has gained respectable demand in recent years due to considerable [...] Continue Reading »
Developers in Mumbai who have plans of building highrises in the city can relax a bit. Union environment ministry is set to relax the vertical limit norms of highrises in the city. Last year in April, the environment ministry had sanctioned norms related to height of the building with the width of a road and [...] Continue Reading »
Godrej Properties, one of the renowned names in Mumbai real estate, has jointly ventured in a project in Undri, Pune. The group is planning to develop a 1.5 million sq. ft residential project in Pune. On April 1, 2013, the company entered into a new joint venture project in Undri, Pune. The project site spreads over 31 acres [...] Continue Reading »
