Powai Mumbai
The State Bank of India (SBI) has recently made an announcement of cutting its base rate by 25 bps to 9.75 per cent. Although it is likely to positively impact the home loan segment, most realtors and analysts feel that it will not prove to be a saviour for a majority of home owners in [...] Continue Reading »
The Hiranandani Group is to construct low-cost affordable houses in Powai. The Bombay high court restrained the Hiranandani group from starting any construction in Powai. The Powai project has been under much controversy so far. Following a public interest litigation (PIL) alleging large scale violations by Hiranandani in building flats instead of affordable houses in [...] Continue Reading »
The Bombay High Court ordered Hiranandani to build affordable flats in Mumbai. Hiranandani has developed its township in suburban Powai, Mumbai which is known for its luxury. However, the High Court ordered the developer not to build any project unless they are affordable for the middle class people of the society. In follow up with [...] Continue Reading »
