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Suburban Mumbai

BMC to discuss raising FSI cap for redevelopment projects for a premium

BMC to discuss raising FSI cap for redevelopment projects for a premium
If a notice of motion likely to be taken up during Tuesday’s civic general body meeting is accepted, Redevelopment of properties in suburban Mumbai will receive a major fillip. There is a proposal for raising the cap on floor space index (FSI), which can be utilised for such projects by paying a premium amount to [...] Continue Reading »

Realty growth shifts to suburbs from metros

Realty growth shifts to suburbs from metros
As prices in metros begin to stagnate due to low demand, the suburban areas have seen substantial growth. Investors are moving to the outskirts for better returns in the recent past. Mumbai and New Delhi residential real estate prices have stagnated in the past year. However, as per the reports of 99acres.com, in NCR and [...] Continue Reading »

Power Consumers in Mumbai to Pay More

Power Consumers in Mumbai to Pay More
The residential consumers who have single-phase connection and also consumers who consume 500 units and more per month will have to end up paying a marginal amount of Rs. 0.03 extra in suburban Mumbai. Non-domestic, commercial, industrial, temporary and advertising power consumers in Mumbai and Maharashtra who have switched suppliers will have to pay more [...] Continue Reading »



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