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Virar

Forest land: Maharashtra considers review plea against SC verdict

Forest land: Maharashtra considers review plea against SC verdict
The state government has asked for a legal opinion whether a review petition against the recent Supreme Court order of removing the “private forest” tag attached to huge swathes of land across the state, should be filed. The ruling has brought relief to at least five lakh residents and builders linked to hundreds of acres [...] Continue Reading »

The new verdict by the Supreme Court gives a boost to the real estate market

The new verdict by the Supreme Court gives a boost to the real estate market
The Supreme Court’s decision to remove the forest tag from huge tracts of land spread over Mumbai, has brought respite more than five lakh residents. The apex court has quashed all prior notices and orders regarding encroached forest land issues, in the last nine years, about the various areas bordering the Sanjay Gandhi National Park in [...] Continue Reading »

Thane: Affordable real estate market in Mumbai

Thane: Affordable real estate market in Mumbai
Thane: With the increase in price for the existing affordable locations, such as Virar, Dombivali, Vasai etc., the demand for budget housing in Thane is shifting to nearby localities such as Palghar and Shahapur. Palghar, located 90 km from Mumbai is a well-developed locality with all the social infrastructure developments like schools, hospitals, colleges, shopping [...] Continue Reading »

Property prices in Mumbai to be impacted by monorail project

Property prices in Mumbai to be impacted by monorail project
The long pending monorail project in Mumbai will be functional shortly. Trials are going on regular basis between Chembur and Wadala in Central Mumbai. Chief secretary of Maharashtra said that the test ride which was organised recently went successful and he witnessed the enthusiasm and the excitement of the Mumbaikars to ride a Mono Rail. [...] Continue Reading »

World Bank shows interest in infrastructure projects in Mumbai

World Bank shows interest in infrastructure projects in Mumbai
With the infrastructure development booming in Mumbai, the apex financial institute, World Bank shows interest in financing two mega projects in Mumbai. The projects include the Virar-Alibaug road-rail corridor and the development of 12 urban growth centres as satellite cities of Mumbai. The growth centres are planned in distant suburbs of Mumbai such as Kalyan, [...] Continue Reading »

State government approves Churchgate-Virar rail project

State government approves Churchgate-Virar rail project
Maharashtra Government has recently given green signal to the Churchgate-Virar rail project. The elevated corridor project is meant to ease the city’s suburban rail traffic. The announcement of the approval was pending for quiet a few days. The Rs 21,000 crore budget project will be implemented by the railways and the state government would help in land [...] Continue Reading »

Mumbai rail corridor project attracts infrastructure majors

Mumbai rail corridor project attracts infrastructure majors
Infrastructure giants like L&T IDPL, Gammon Infra, IL&FS Transportation, GMR Infra and CAF South Africa are already going head over heels to bag Mumbai’s upcoming elevated rail corridor project. The railway corridor from Churchgate to Virar is planned at a budget of Rs. 20,000 crores, and will be Indian railways’ first and India’s largest public-private [...] Continue Reading »

Integrated townships in demand

Integrated townships in demand
Integrated township has been witnessing a strong demand. The new home buyers are giving more preference for community living that offers a mix of amenities at the doorstep. The state government has implemented some reforms in the township policy to make townships more reasonable. The new policy has been approved by the Chief Minister and [...] Continue Reading »

Palghar developing as an affordable residential location

Palghar developing as an affordable residential location
Locations like Vasai, Dombivali, Virar are witnessing a slow increase in demand as the demand for affordable housing is shifting to nearby areas like Palghar, Thane. In Palghar, the price of the residential properties ranges from Rs 2,000 to Rs 3,500 per sq ft whereas in Varar, Dombivali and Vasai the price ranges from Rs [...] Continue Reading »

Residents unhappy about proposed elevated rail corridor project

Residents unhappy about proposed elevated rail corridor project
Mumbai- The project of elevated rail corridor from Virar to Oval Maidan, has been opposed by the residents of South Mumbai, since they are worried if it would bring down the sanctity of Oval Maidan and would risk the surrounding projects. Requesting the authorities to conduct an Environmental Impact Assessment (EIA) of the area before [...] Continue Reading »



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