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Santacruz

Santacruz-Chembur Link Road impacts Mumbai realty

Santacruz-Chembur Link Road impacts Mumbai realty
Santacruz-Chembur Link Road (SCLR) is India’s first double decker flyover. The work for the project was undertaken under the Mumbai Urban Transport Project of MMRDA. Starting from Vakola Junction on the Western Express Highway and extending up to Amar Mahal Junction near the Eastern Express Highway, it provides the much-needed east-west connectivity in Mumbai. Short [...] Continue Reading »

Sandeep Raheja inherits wealth from realty tycoon Gopal Raheja

Sandeep Raheja inherits wealth from realty tycoon Gopal Raheja
Gopal Raheja fought his son Sandeep Raheja and daughter-in-law Durga until his last breath in March but the real estate tycoon has left all his estate and properties to his son. Raheja is the founder of Rs 11,000-crore worth realty group. He had accused his son, Sandeep Raheja, of trying to usurp his entire business [...] Continue Reading »

Long-Term Real Estate Impact of SCLR

Long-Term Real Estate Impact of SCLR
Santacruz-Chembur Link Road (SCLR), India’s first double-decker flyover, undertaken under the Mumbai Urban Transport Project (MUTP) of MMRDA, will give much-needed east-west connectivity in Mumbai. The 6.45 km six-lane road was thrown open to commuters last week, opening from Vakola Junction on Western Express Highway (WEH) and extending up to Amar Mahal Junction near the [...] Continue Reading »

SEZ land lying vacant in Odhisha

SEZ land lying vacant in Odhisha
The developers – Aditya Birla Group owned Hindalco Industries Ltd, Saraf Agencies and state owned Odisha Industrial Infrastructure Development Corporation (Idco) – are yet to utilise full land within their notified SEZs.  Around 115.70ha land is lying vacant in Hindalco’s aluminium products SEZ at Lapanga near Sambalpur. Saraf Agencies have 105.20 ha land lying vacant. [...] Continue Reading »

Metro phase III tenders to be launched by July 2013

Metro phase III tenders to be launched by July 2013
Mumbai Metro Rail Corporation (MMRCL) will issue detailed tenders for Metro Phase-3 by July 2014. The contract will be awarded to bidders by October 2014. The construction of this project of 32.5 Km long Colaba-Bandra-SEEPZ underground metro corridor is likely to start from January 2015. Mr. Sanjay Sethi, Managing Director, MMRCL and Additional Metropolitan Commissioner, [...] Continue Reading »

GL Raheja Group Patriarch Gopal Raheja Passes Away

GL Raheja Group Patriarch Gopal Raheja Passes Away
On Tuesday, Gopal Raheja of GL Raheja Group died, who was among the first professional property developers in the country, patriarch of the 11,000-crore.The actual reason for his death is not known though he was 80 and was ailing for some time now. An active real estate developer since the 1960s, Gopal Raheja was mainly [...] Continue Reading »

MHADA to issue tenders for 67 vacant plots

MHADA to issue tenders for 67 vacant plots
After so many worthless attempts of borrowing the land, the Maharashtra Housing and Area Development Authority (MHADA) is ready to issue tenders for constructing affordable housing on 67 vacant plots all across the city. In a recent review of MHADA, totaling to more than 12 hectares of land was found. An official also mentioned that [...] Continue Reading »



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