Mumbai
Mumbai- The state government has made it mandatory regarding township projects to create approximately one-fourth of the area for economic activity to boost creation of new economic hubs. Exclusive township projects usually are those when a developer is allowed to create a township as well as offers all the necessary amenities and infrastructure in a composite plot [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) is to construct a new public parking lot in Lower Parel in coming January as residents in Mumbai are facing difficulty to park their vehicle. The developers have to handover the parking lot constructed under the parking floor space index (FSI) policy revised by the state government in 2011. The parking [...] Continue Reading »
Jumeirah Group, a Dubai based hospitality company signed a deal for luxury hotel at Lower Parel in central Mumbai. Jumeirah is the operator of Dubai’s seven-star hotel Burj Al Arab. The hotel in Mumbai will be operational by 2017 and will offer 470 luxurious rooms, service apartments and suites, as well as wide variety of [...] Continue Reading »
New Delhi- A report released by the Knight Frank Investment Advisory, stated that due to the increased property prices ranging from Rs. 3,200 per sq ft to Rs 15,000 per sq ft, there will be an increase in the property buying with real estate acting as a promising asset in the coming years. Mumbai leading the first [...] Continue Reading »
Pune- There are about three to four new projects coming up and a few on redevelopment basis focusing only on 2bhk and 3bhk apartments in the Vadgaon-Budruk locality, located in Western Pune. The new construction activity in the residential segment is in the range of Rs 2,300-4,500 per sq ft. and the area has witnessed [...] Continue Reading »
New Delhi- A report by National Housing Bank ( NHB) showed the real estate housing trend in 11 cities which included Bangalore and Kolkata. These cities witnessed a decline of about 5 percent from July-September meanwhile the other 9 cities saw an increase of about 10 percent. The highest price rise of 10.1 percent was witnessed [...] Continue Reading »
Mumbai- The website of Mira-Bhayander Municipal Corporation (MBMC) was hacked by a group from Bangladeshis but luckily the site was put back in place. The employees came to know about the hacking when they started working on the site. The message displayed was ” Death Note” with the sentence ‘INDIAN WEBSHIT PWNED LAME SECURITY BREACHED‘ [...] Continue Reading »
It is found that many developers in National Capital Region (NCR) and Mumbai have cut down property prices by around 15 percent, as demand and rent more or less remains the same. However, in a few parts of Mumbai, there was nearly 0. 8% improvement in rent, signifying some demand. Due to weak demand, a [...] Continue Reading »
Delhi-NCR- A recent report by property consultancy firm, Knight Frank India stated that Delhi-NCR and Mumbai have once again topped in terms of investment when compared to other cities. Areas like Ulwe, Wadala, Chembur in Mumbai and Noida Extension and Dwarka Expressway will witness an increased appreciation in the coming five years based on the capital [...] Continue Reading »
Mumbai- The Brihanmumbai Municipal Corporation (BMC) has decided to give new permits for rooftop eateries to hotels as the concept of rooftop eateries is growing. According to the new policy, the hotels which are planning to have a rooftop eating space need to follow two requirements. The first is that the terrace should be a part [...] Continue Reading »
