Mumbai
Titwala which is a small town located near Kalyan, Thane is fast growing as an affordable real estate destination. The locality offers 1 BHK apartments at a minimal cost of Rs 17 lakh. The area has witnessed 100% price appreciation in the last three years and the apartments in Titwala today cost double at what [...] Continue Reading »
Maharashtra Housing and Area Development Authority (MHADA) has sent a notice to thirty-three real estate builders for not giving 3,300 houses to the housing board as per the rules. Now they have two months to deliver those houses. MHADA officials said that the builders failed in handling over 10 lakh square which translates to around [...] Continue Reading »
Mumbai has witnessed a new joint partnership – Godrej with Ratnaraj Blesing Milestone to redevelop the Kamgar Swa Sadan Cooperative Housing Society Ltd. in central Mumbai which is situated at Mahadeo Palav Marg, Currey Road. Godrej Projects Development Pvt Ltd will be playing the role of a development manager and will also take care of [...] Continue Reading »
Is it possible for the residents of Mumbai to take their dream ride in a Metro by June 2013? The construction of the Metro bridge over Western Railway tracks near Andheri has been completed. Huge cranes have been installed in the last panels, carved in irons which resembles the Howrah bridge structure, atop the pillars [...] Continue Reading »
Home registrations have dropped by 23 percent in Jan-Nov 2011 as compared to 2010. But in the first 11 months in 2012 the home registrations remained more or less in the same level as in the corresponding period in 2011. According to the director-general of registrations, this year the city saw 52,009 property registrations up [...] Continue Reading »
Monorail project in Mumbai has again missed its deadline. The mono line between Chembur and Wadala is now going to be functional by August instead of January 2013 as announced by Maharashtra Chief Minister Prithviraj Chavan. The project implementation started in 2008 and this is the third time the project is getting delayed. Mumbai Metropolitan [...] Continue Reading »
Recent surveys say that, the investment in Indian market from past few years are not attractive at all. The three top real estate cities, Bangalore, Mumbai Delhi have slipped from there places to 19th, 20th and 21st positions respectively in the list of 22 investment destinations in the Asia Pacific region. This three cities were [...] Continue Reading »
Maharashtra Government is planning to increase the ready reckoner from January 1 in Greater Mumbai and rest of state. The rate will be increased by 5 percent in Greater Mumbai and 40 percent in rest of the state. This is done despite the ongoing slow down as the government estimates the increasing number of registration [...] Continue Reading »
The state government told the Bombay High Court that no autos or taxis in Mumbai without e-meters will be allowed from March 1, 2013. Earlier the court approved a deadline of March 31, 2013 for autos and April 30, 2013 for taxis. However, the state government said that they are planning to pre-pone the [...] Continue Reading »
If you are a regular traveller via the Kalanagar junction then a good news for the commuters especially to and from the Bandra-Kurla Complex is the city’s business park. To save travelling time, the Mumbai Metropolitan Region Development Authority (MMRDA) is planning to come up with two tunnels and a flyover connecting BKC. The flyover [...] Continue Reading »
