South Mumbai
A number of builders in Mumbai are trying hard to attract buyers with hi-fi amenities in their properties. Builders are pulling in on investors and buyers by developing projects with posh amenities like golf courses and other sports facilities. With the increasing state of the art features, the financial capital is finally getting some lung [...] Continue Reading »
India’s economic capital has been listed as 16th most costliest property market in the world, although at a time when it is worst hit with drought in 40 years. The residential localities in South Mumbai have been adjudged as the 16th most expensive realty market in a recent global survey. The same localities were in [...] Continue Reading »
Hindustan Unilever Ltd (HUL) is now thinking of disposing of its residential properties and plots after selling/leasing out its commercial properties last year. The consumer goods giant is focusing on selling these properties basically in the metro cities which can garner revenue of Rs 100 crore. About two dozen apartments and land parcels in posh [...] Continue Reading »
With the increasing population and vehicles on road, Brihanmumbai Municipal Corporation (BMC) had thought of an initiative to put an end to parking woes. If everything goes fine and the proposal gets approved, some of the areas in South Mumbai will be reserved for parking vehicles. Owners will have to pay to reserve the space [...] Continue Reading »
With the increasing population and vehicles on road, it has become difficult to park vehicles within the stipulated area. No worries! Brihanmumbai Municipal Corporation (BMC) has thought of an initiative to put an end to parking woes. If everything goes fine and the proposal gets approved, some of the areas in South Mumbai will be [...] Continue Reading »
Bangalore- One of India’s most expensive real estate destinations, South Mumbai is expected to see a revival this year after a long gap of one year. The key reason for the boost in the realty sector in this region is due to the fact that the developers are all set to launch their projects alongside [...] Continue Reading »
The 40% of government leases of the plots in Mumbai have expired long back, some as far back as the 1950s. Of the 1,282 plots leased, the lease of 532 plots had expired and the government has not bothered to renew it. 51.66 lakh sq mt of leased land situated in South Mumbai is fetching [...] Continue Reading »
A new residential township has been decided by industrialist Mukesh Ambani and his close aide Anand Jain to be launched in Navi Mumbai in the next four months. The township in Navi Mumbai has been planned after the state government’s recent approval of industrial policy which allows corporate firms, who had acquired land under the [...] Continue Reading »
Good news for the residents of South Mumbai! The Brihanmumbai Municipal Corporation (BMC) has recently planned to set up a new sewage treatment plant at its sewage pumping station near Hanging Gardens, Malabar Hill. With the set up of the new plant, residents of Malabar Hill and Girgaum in Mumbai city will have three million [...] Continue Reading »
The redevelopment of of old buildings in South Mumbai awaits final environmental clearance. The work on the city’s largest project of cluster redevelopment of buildings can start only after this final nod. The Bohra community’s Rs 1,500-crore redevelopment project in Mumbai, spread over 14 acres in Bhendi Bazar recently got approval from the State Environment [...] Continue Reading »
