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Real Esate in Mumbai

Unregulated real estate hurting Mumbai

Unregulated real estate hurting Mumbai
Mumbai’s economy has been hurt by an unregulated, hyper inflated and speculative real estate, which in turn would have its effect on the country’s economy. The astronomical property prices are driving new businesses and expansion of existing ones away to other cities. The cost of acquisition of a facility to run business is very high [...] Continue Reading »

Real estate projects need additional permission

Real estate projects need additional permission
The Brihanmumbai Municipal Corporation (BMC) notified that any residential and commercial projects near Arthur Road Jail must obtain clearance permission from the central jail. Accepting the necessity of safety and security, the builders expressed their concern in additional delay in projects. The real estate industry thinks that the government is making the processes more complicated [...] Continue Reading »



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