Real estate projects in Mumbai
After the amendment made by the state government in Maharashtra, a large number of real estate projects went into hold for the time being. As new projects are stuck in red tape, the real estate sector facing a cash crunch . As approvals for new projects are not coming up, the cash flow for the [...] Continue Reading »
Brihanmumbai Municipal Corporation (BMC) modified the transfer of development rights (TDR) to reduce the slums area in Mumbai. The developers working to rehabilitate the slums, will get TDR benefits to construct residential and commercial spaces anywhere in Mumbai. BMC modified the TDR policies to help the residents of the slums in getting a good living [...] Continue Reading »
Wadia group is aiming for the high end society for their realty projects. Recently they have launched a new luxurious residential project in Mumbai. According to Wadia group experts, the company is aiming to concentrate on the premium end of property buyer’s market. Wadia group believe there is a shortage of supply in premium luxurious [...] Continue Reading »
The present real estate market trend is not showing raise according to the expectations. To overcome this situation and get a quick inflow, the apartment builders in Mumbai have planned to reduce the built up area for their real estate projects in Mumbai. The main agenda behind builders having plan of reducing in built up [...] Continue Reading »
