Mumbai
In the era of property prices shooting up, it is not at all surprising if a 4 BHK flat is sold for Rs 7 crores! In Mumbai, a residential suburb at Khar inclusive of 4 BHK apartment was recently sold for approximately 7 crores. All the modern facilities with Italian marble flooring and modern light [...] Continue Reading »
Good news to all the flat buyers in Mumbai! You need not pay extra for parking. Same orders were passed on by the consumer court. According to the rules, parking is to be provided as one of the basic amenities. Under the Maharashtra Ownership Flats Act (MOFA) this rule was considered. Source: The Times [...] Continue Reading »
Where is Hyderabad in investors’ list? It seems like the builder-friendly policy’s efforts are too less in attracting the investors in real estate sector. Political turmoil! Yes, this has been blocking the way of the policy. The unlimited Floor Space Index (FSI) in Hyderabad is definitely coined as the best in the country. However, keeping [...] Continue Reading »
Property price fall is un-predictable. According to the data collected by Liasas Foras a real estate research based firm, nearly 52 per cent of housing property in Mumbai city is owned by real estate investors themselves. Investors do this in concern with making money from the prevailing real estate market. If you are a property [...] Continue Reading »
Mumbai city development agency demolished around 600 hutments which was blocking the way of Sahar Elevated Road project. Mumbai Metropolitan Region Development Authority (MMRDA) who took initiative of demolishing these huts say that this has been a major demolition drive since 2008. For now, MMRDA claim to have demolished 100 huts in Sambhaji Nagar, 150 [...] Continue Reading »
Discounted flats (DF) are aiming to negotiating with the developers and on behalf of home buyers to end up at good property sale deal. Discounted flats is a Pan-India group booking channel aiming to group residential buyers across India in order to avail discounts of up to 30 per cent. Although this scheme was launched a month [...] Continue Reading »
Rs 579 crore has been awarded to Larsen and Toubro (L&T) for successfully completing its slum rehabilitation projects in Mumbai. Realty player Omkar Realtors & Developers declared the award to construction contracts of L and T. The cost of those three projects is estimated as Worli-Rs 137 crore, Malad-s 268 crore and Parel-Rs 174 crore [...] Continue Reading »
Construction of metro stations at Asalfa in Mumbai is almost completed but is still kept pending as the road under metros are missing a link. However, knowing the problems raised, the government officials are busy fixing deadlines instead of finding a solution to this problem. Also similar is the scenario at Jagruti Nagar Metro station [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) had recently launched a pothole-tracking mobile application for the residents to lodge pothole and other such civic problems. This website was made user friendly wherein the citizens have access to check status of complaints lodge in Mumbai city. However, it might be that the citizens are not aware of this facility [...] Continue Reading »
Finally Brihanmumbai Municipal Corporation (BMC) has opened eyes and realized the repair of Worli sewage plant. The Cleveland Bunder sewage pumping station is lying dysfunctional from last six years, in Worli, Mumbai. Now BMC has planned to invest Rs 1.79 crores to re-establish the maintenance and repair of machinery, distribution grid and electricity. For the [...] Continue Reading »
