Mumbai
The Brihanmumbai Municipal Corporation (BMC) has prohibited mandals from displaying any advertisement banners and arches on main roads during the 10-day Ganpati festival. The civic body has instructed mandals to seek permission from traffic police before displaying them on minor roads. The BMC officials stated that the decision has been taken to ensure that major [...] Continue Reading »
Andheri East has become the new commercial hub of Mumbai. The area enjoys good connectivity through Jogeshwari-Vikhroli Link Road (JVRL), Andheri Kurla Link Road, the Versova-Andheri-Ghatkopar metro link and it has benefited the markets of Andheri East. Andheri East has a cost advantage over traditional commercial hubs such as Bandra Kurla Complex (BKC) and Nariman [...] Continue Reading »
As per new initiatives taken by Briahmumbai Municipal Corporation(BMC), the citizens of Mumbai will have a greater say in resolving civic issues at ward level. BMC officers have been asked to attend meetings conducted by the advanced locality management (ALM) and local area citizens committee (LACC). BMC commissioner Sitaram Kunte has come up with the [...] Continue Reading »
Dahisar in the western suburbs of Mumbai has become one of the most preferred residential destinations in the recent past. Due to its proximity to Borivali and other suburbs, availability of relatively affordable residential rates, infrastructural developments and easy access to public transport are the main reasons behind the rise of Dahisar. Its easy access [...] Continue Reading »
Mumbai is witnessing supply outpacing demand in the residential sector. On one hand, upcoming projects are witnessing very subdued response from the buyers and investors. On the other hand, pace of construction is slow and almost 70 per cent of the total residential units under construction in the northern fringes of the city remain unsold [...] Continue Reading »
Although the development authorities in Mumbai expects to finish off the Wadala-Jacob Circle Monorail corridor by the end of next year, doubts still remain whether it would be completed within time. The Mumbai Metropolitan Region Development Authority (MMRDA) is yet to secure space to set up the supporting infrastructure, like sub-stations, staircases and fire-fighting rooms. [...] Continue Reading »
Khopoli, a locality situated in the outskirts of Mumbai on NH-4, seems to be offering affordable residential options for real estate investors. The investors can get hold of residential property within a budget of Rs 15 to 20 lakh. The area is surrounded by industries, creating job opportunities in the neighbourhood, thus attracting real estate [...] Continue Reading »
The anxiety among home buyers in the Mumbai Metropolitan Region (MMR) seem to be soaring with Mumbai, Navi Mumbai and extended suburbs of central and western Mumbai seem to have been infested with more and more projects getting delayed. As per data more than 50 per cent of residential developments in the city are under-construction. [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) is all set to send the final property tax bill in September. The BMC claims that it has completed the billing process and is currently working on the refunds. The civic body is in the process of computerizing the property tax collection system and is planning to use it to [...] Continue Reading »
Lonavala, located between Mumbai and Pune and accessible through the expressway, has always been a popular weekend retreat among Mumbaikars. Now, real estate experts like Jones Lang LaSalle India and Cushman & Wakefield have predicted a huge real estate potential in future for Lonavala. Besides being a hill station, it enjoys excellent road and rail [...] Continue Reading »
