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Mumbai

BMC to demolish illegal buildings

BMC to demolish illegal buildings
With the help of H(west) Federation the unauthorised mushrooming of 300 shanties in Bandra Reclamation within a fortnight has been reached to to CM. This new slum is located behind Nargis Dutt Nagar slum and the flyover that connects the Sea Link to the Western Express Highway. The Brihanmumbai Municipal Corporation (BMC) is planning to [...] Continue Reading »

Cell towers removed from building atops

Cell towers removed from building atops
Following complaints from the residents of the proximity of cell towers to their buildings, the telecom operators in the city have removed 86 cell towers from the top of the buildings. According to sources, 61 base trans-receiver stations (BTSs) in the city were flouting radiation levels of 450 milli watts per square metre. The civic body [...] Continue Reading »

Lodha Group goes for smaller and affordable flats

Lodha Group goes for smaller and affordable flats
The real estate developer Lodha Group goes for smaller and affordable flats due to the slow sales in Mumbai. Due to the sluggish demand, Lodha Group is planning to sell its upcoming premium residential project on a first-come-first-serve basis in Worli, Mumbai. The project is centrally located and well connected. Lodha group will start distributing [...] Continue Reading »

Tree census delayed

Tree census delayed
The Brihanmumbai Municipal Corporation (BMC) was planning to use hi tech tree census, but it has been delayed as there was no response from any of the service providers. None of the companies came to do the tree census job after tenders were floated in November. The civic body has e-floated the tenders which has [...] Continue Reading »

Civic body nods for tram service in Thane

Civic body nods for tram service in Thane
It was in Thane Municipal Corporation’s (TMC) court to decide whether to go in for a monorail, a Light Rail Transit (LRT) or a metro service. It was found that Light Rail Transit was financially feasible. But the TMC gave approval for tram service with out discussing or taking views from other parties for which [...] Continue Reading »

BMC loses over 400 files containing construction information

BMC loses over 400 files containing construction information
Over 400 files were missing related to construction projects in the city. Most of these files relate to controversial projects which came to light after some activists and people investigating illegalities sought them under the Right To Information Act. Some months after filing their applications, they received replies saying the files could not be found. [...] Continue Reading »

Real estate developers to cut property prices

Real estate developers to cut property prices
The year 2012 was a tough year for both real estate developers and home buyers because of the high property prices. The middle class and even the upper middle class found it impossible to invest in properties in India due to soaring property prices. There was a fall in property prices in 10 to 19 [...] Continue Reading »

Mumbai ranked as the dirtiest city in the world

Mumbai ranked as the dirtiest city in the world
In a global survey of 40 tourist cities, India’s commercial capital, Mumbai has been ranked last in the “cleanest streets”category. Mumbai has been named as the world’s ‘dirtiest’ cities. It is not at all surprising that one of the Indian cities has been ranked as the dirtiest city in the survey. The survey was done [...] Continue Reading »

Amplus Realty Fund to invest Rs 30 cr in Assetz Homes project

Amplus Realty Fund to invest Rs 30 cr in Assetz Homes project
Ahmedabad- Amplus Realty Fund has announced its first investment of Rs 30 crore in a residential project by Assetz Homes in Bangalore. In the next three years, it expects to get 25 percent returns on this investment. The joint venture aims at developing a mid and high-end residential project in Rajajinagar, Bangalore by 2015. Amplus [...] Continue Reading »

Flat sold for Rs 28 crores in Mumbai

Flat sold for Rs 28 crores in Mumbai
Citibank, the leading foreign bank had put a flat for sale in 2008 in Malabar Hill‘s IL Palazzo building and Vinod Khanna, bollywood actor was the highest bidder with a record bid of Rs 1.20 lakh a sq ft for the 2,550 sq ft flat. But the actor did not go through the flat at that time. [...] Continue Reading »



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