Palm Beach Road
Just days before the Election Commission’s code of conduct come into effect, the state government has gone all out with the programme to attract votes. It plans to implement infrastructure projects that are bound to improve the transportation network in Mumbai. The various projects being floated include: Mumbai Metropolitan Region Development Authority’s (MMRDA) tenders for an elevated [...] Continue Reading »
With the introduction of Union Budget 2013, experts have claimed that the incentives will be of no use for home buyers in Mumbai. The real estate incentives are also claimed to create some problems with the buyers as the flats will cost more due to 1% tax on transfer of properties in Mumbai. To make things [...] Continue Reading »
A good news for property buyers in Mumbai! Now, is the correct time to invest in properties in Mumbai as there will be a slight depreciation in prices as per the real estate experts. For the first time in 3-4 years, the average price of residential properties in Mumbai and the Mumbai Metropolitan Region (MMR) [...] Continue Reading »
The Mumbai traffic authority till previous week was flooding with complaints in concern with increasing accidents at Palm Beach Road. This stretch is considered lethal as it lacked crash guards to control the speed of vehicles. The Palm beach road was into the limelight throughout Mumbai due to lack of proper infrastructure. However, now the [...] Continue Reading »
The anti- encroachment department of City and Industrial Development Corporation (CIDCO) undertook a demolition drive at Sector 28 of Nerul, and razed down illegal structures there. One G+4 under construction building that had encroached on the land reserved for a garden at sector 28 on the foothills of Balaji temple was demolished on July 26. [...] Continue Reading »
Navi Mumbai, that could once boast of offering houses at moderate prices is now burning a hole in a buyer’s pocket. Residents are not happy with the scene. What they want is that the place must go back to its original plan of offering affordable homes. The town witnessed a good housing growth till five [...] Continue Reading »
The Navi Mumbai Municipal Corporation (NMMC) must not allow builders to sell 20% of the total area of the property till they meet necessary norms and procure the occupancy certificate. Such a policy will help curb violations. Not even 5% of builders procure building commencement and completion certificates. This is a gross violation. Those buying [...] Continue Reading »
