Mumbai
According to a Reuters poll, house prices in India have no signs of coming down in the current financial year. House prices have almost doubled in the past five years and the scenario continues to look gloomy for the buyers. However, as per the poll prediction, prices in Mumbai have a fair chance to fall [...] Continue Reading »
Civic corporators in Mumbai have unanimously passed a resolution at the civic general body meeting on Tuesday calling for a 150% hike in their monthly remuneration, from Rs10,000 to Rs. 25,000. If it receives legal sanction, the hike will be paid by taxpayers’ money. According to the corporators, the current remuneration is a measley sum [...] Continue Reading »
At a time when Mumbaikars are suffering from water cuts due to deficient rainfall, cloud seeding is the means the Brihanmumbai Municipal Corporation (BMC) is looking forward to. The BMC has decided to rope in Israel’s national water company, Mekorot for this purpose. The plan is to carry out cloud seeding operations in the areas [...] Continue Reading »
The Brihanmumbai municipal corporation (BMC) on Tuesday held a programme to spread awareness as part of its anti-plastic initiative in parts of Kandivali, Borivali and Dahisar. The initiative was taken in association with city NGO Helping Hands Charitable Trust. During the programme, deputy municipal commissioners Rajendra Bhosle and Bharat Marathe appealed to the attendees to [...] Continue Reading »
Godrej Properties, the real estate development arm of the Godrej Group, through its wholly owned subsidiary Godrej Projects Development Private (GPDPL), recently signed an agreement to redevelop a private society owned property in Ghatkopar, Mumbai. The project is located in the heart of the central suburbs, just off LBS Marg and has excellent connectivity to [...] Continue Reading »
A recent survey by the civic authority has revealed that there are more than 320 real estate projects in Mumbai, both commercial and residential, which have been put on hold. The data came up during a recent survey of mosquito-breeding sites in the city. Majority of these projects, around 202, are in the western suburbs [...] Continue Reading »
Garbage issues are creating a major problem for the city of Mumbai. Mayor Sunil Prabhu put the blame on the Brihanmumbai Municipal Corporation (BMC) at a civic general body meeting on Monday for the problems faced by citizens due to garbage dumping. The mayor expressed his views that contingency plan must be made for garbage [...] Continue Reading »
Brick Eagle Capital Group is the latest to enter the low cost housing sector. It plans to invest Rs. 200 Crore in five projects of Xrbia Developers Limited. Xrbia is an affordable housing venture promoted by the Eiffel group. The proposed five projects will come up in the area of Karjat, near Mumbai, on 150 [...] Continue Reading »
The San Finance Corporation (SFC), which has Rajya Sabha member Ajay Sancheti (BJP) as a partner, has financed nearly one-tenth of the 103 flats of the scam-hit Adarsh cooperative housing society. Abhay Sancheti, another partner of the firm told the two-member judicial panel looking into Adarsh’s irregularities, that it ‘granted loans to 10 people’ who [...] Continue Reading »
The country’s largest listed real estate company, DLF‘s shares increased by 1.2 percent of Rs 197 after a report that the company is selling its plot in Mumbai. The report said that the plot is being sold to Lodha group and a private equity company for Rs 2,800 crore. A report in Economic Times said [...] Continue Reading »
