Mumbai
An apartment in DLF Phase V, Gurgaon was recently sold for Rs 3.45 crore! The 4 BHK apartment in DLF Icon has a area of 2,810 square feet and is located on the tenth floor of the apartment tower. The complex is provided with all modern amenities. Yet another apartment in Mahalaxmi, Mumbai of the [...] Continue Reading »
According to the recent Bombay high court‘s order, housing society also has to be present to approve extra floor space index (FSI). This is due to changes in the recent development control rules. This norm also applies on a society which has not yet registered or the land has not been landed over by the [...] Continue Reading »
The commercial property by Akruti City, ‘Akruti Centre Point’ in Mumbai caught fire. The fire break out was witnessed in Maharashtra Industrial Development Corporation area at Andheri. Around 12 fire engines rushed to the spot to rescue from fire. However, the fire department tired hard to pull down the fire. Source: The Times of India Continue Reading »
Mumbai is moving in fast pace with new projects to keep the city clean. The Brihanmumbai municipal corporation (BMC) has planned for a big storm-water drains and sewage disposal project. The BMC’s standing committee approved sewage and drain water proposals worth Rs 574 crore. Around 18 project proposals were cleared and was also ordered to [...] Continue Reading »
A Borivli resident has recently been compensated with Rs 50000 by the builder for late handing of flat keys. He filed a complaint in Mumbai Suburban District Consumer Disputes Redressal Forum against Soni and Associates from whom he had bought the flat in April 2004. The Consumer Forum noticed that the buyer was suffering from [...] Continue Reading »
Renting houses is still a risky task in this heating up realty market. Even though the property prices have started declining, selling, buying or renting a property is a risky task indeed! Citizens say that renting out a home in Mumbai is a toughest task, as one can never dream of getting home to one’s [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) ended up delaying taking up decisions on providing housing sectors for the civic employees in Mumbai. The Torna Cooperative Housing Society had allotted 4,000 sq m of plot at Borla Village, Chembur and respectively the employees had deposited lease amount. However, since then these civic employees have not got possession [...] Continue Reading »
The cost of plot and land is still high amidst little depreciation in property prices. Three plots in Mumbai were sold by bidding by the City and Industrial Development Corporation (Cidco). The plots were in Nerul, Navi Mumbai and were sold in crores. The plots were slowly released creating a suspense amongst developers which made [...] Continue Reading »
There has been many demolitions going on in cities based on illegal constructions or violating Floor Space Index (FSI). Similar incident happened recently in a flat in Juhu, Mumbai where extra spaces including lily ponds and deck areas were demolished by BMC, On July 30, municipal corporation ordered either the places taking extra floor space [...] Continue Reading »
Residents of Mira Road, Mumbai were in a state of shock as two seven storied buildings got a signal from municipal corporation for demolition. Those residents could not believe their abode being demolished for which they were still paying home loans. The flats are Ashirwad Manzil and Ashirwad Prem and the owners have been given [...] Continue Reading »
