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Navi Mumbai

2 held in case of illegal building in Belapur

2 held in case of illegal building in Belapur
Three persons have been accused of forging documents and signatures to construct an illegal four-storey building in Belapur. A police complaint has been registered by town planning department of Navi Mumbai Municipal Corporation (NMMC). Two brothers — Narayan Chavan (70) and Khimaji Chavan (62) – have been arrested by the CBD police for constructing the [...] Continue Reading »

Ulwe to be the next Vashi of Navi Mumbai

Ulwe to be the next Vashi of Navi Mumbai
Navi Mumbai: Ulwe is an upcoming name in residential market of Navi Mumbai. The property prices in Ulwe have been increasing in a range of 23- 30% annually from last five years. According to real estate experts, Ulwe is going to be a major real estate destination and a successful planned city in another 5 [...] Continue Reading »

Eastern Expressway to influence real estate in Mumbai

Eastern Expressway to influence real estate in Mumbai
MUMBAI: The long awaited, 16.8 km Eastern Freeway’s first phase will be open for traffic by May end. Eastern Freeway will provide a signal free drive from Orange Gate on PD’Mello Road to the Ghatkopar-Mankhurd Link Road. This freeway will not only reduce the travel time from South Mumbai and Eastern Suburbs but will also [...] Continue Reading »

Redevelopment projects gaining pace in Mumbai

Redevelopment projects gaining pace in Mumbai
Mumbai: Redevelopment seems to be a logical solution to meet the housing need of Mumbai city.  This solution can also become a boon to improve physical and civic infrastructure of the city. The new DCR rules allows FSI of 4 for all cluster redevelopment in the specific areas of MMR (Mumbai Metropolitan Region), which is [...] Continue Reading »

Navi Mumbai metro project sees the light

Navi Mumbai metro project sees the light
Finally, the metro plan of Navi Mumbai sees the light of the day! City and Industrial Development Corporation (Cidco) is likely to start the bidding process soon for the project. The awarding of bids would include for rolling stock and systems for Navi Mumbai’s first metro rail corridor – Belapur–Kharghar–Taloja–Pendhar. A meeting was held recently [...] Continue Reading »

Residents demand action against encroachment on Belapur Hill

Residents demand action against encroachment on Belapur Hill
With the increasing environmental damage and encroachment on the Belapur Hill, the locals have demanded action against the same. Belapur Hill located in CBD Sector 8B is a forest area which has been saved by the local residents many a times. Several attempts have been taken to save the green area. Chipko Movement was one [...] Continue Reading »

Properties in Navi Mumbai witness fall in prices

Properties in Navi Mumbai witness fall in prices
Mumbai: Navi Mumbai, located in the eastern periphery of Mumbai, is witnessing significant fall in the property prices. The properties in this planned Satellite Township in Mumbai were observing huge demand from developers, investors and buyers, in turn making the property prices high. But now, the prices have slumped following the announcement of chief minister [...] Continue Reading »

Sale of Navi Mumbai properties to boost up with airport delay

Sale of Navi Mumbai properties to boost up with airport delay
Good news awaiting for buyers of properties in Navi Mumbai! With the delay in new airport, the rates of properties around Navi Mumbai are going to be further down as per reports. The prices of properties in Navi Mumbai have been on a seesaw the time the airport proposal was announced. However, the buyers can [...] Continue Reading »

Apartments in Mumbai woo rich with posh facilities

Apartments in Mumbai woo rich with posh facilities
A number of builders in Mumbai are trying hard to attract buyers with hi-fi amenities in their properties. Builders are pulling in on investors and buyers by developing projects with posh amenities like golf courses and other sports facilities. With the increasing state of the art features, the financial capital is finally getting some lung [...] Continue Reading »

MHADA hopes to develop 40000 low cost houses in Mumbai

MHADA hopes to develop 40000 low cost houses in Mumbai
With the rates of properties in Mumbai touching sky, Maharashtra Housing and Area Development Authority (MHADA) has come up with a scheme to provide low cost houses in the city limits of Mumbai. MHADA will team up with different builders in joint ventures to provide 40,000 low-cost houses through this model. These developments will be mostly in [...] Continue Reading »



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