Transportation infrastructure in cities across the globe, has a proven positive impact on real estate and also along the peripheral micro-markets of the cities. There is optimism, hence, that the development of the metro … READ FULL STORY
House-hunting can be a daunting task in Mumbai, admits actress Saumya Tandon, who recently bought a five-bedroom flat in Andheri west. “In Mumbai, it is a dream to own your own house. This is … READ FULL STORY
The Maharashtra cabinet, on September 11, 2018, approved the implementation of two metro rail projects – Dahisar-Mira Bhayandar and Andheri-Chhatrapati Shivaji Maharaj International (CSMI) Airport – collectively worth Rs 6,607 crores. An official from … READ FULL STORY
Andheri, in the western suburbs of Mumbai, has emerged as an important hub for commercial and residential properties. The locality is divided into two parts – east and west. Andheri west is primarily a … READ FULL STORY
A Reliance Infrastructure-led consortium, on September 4, 2018, inked a pact with state-owned Maharashtra State Road Development Corporation (MSRDC), for the construction of the Rs 7,000-crore Versova-Bandra Sea Link in Mumbai, which has been … READ FULL STORY
Railway authorities have requested the Brihanmumbai Municipal Corporation (BMC) to repair or re-construct half a dozen road overbridges (ROBs), one of which will be closed for traffic from July 24, 2018. The request by … READ FULL STORY
The Bombay High Court, on July 4, 2018, pulled up the Brihanmumbai Municipal Corporation (BMC), saying that “Any incident pertaining to civic amenities, which affects citizens, is the civic body’s responsibility. You (BMC) cannot … READ FULL STORY
The Gokhale road overbridge (ROB), built in 1971, collapsed near the eastern side of the Andheri railway station in Mumbai, on July 3, 2018 and part of it fell on the rail tracks in … READ FULL STORY
The Mumbai Metropolitan Regional Development Authority’s (MMRDA’s) lawyer, Kiran Bagalia, on May 2, 2018, told the Bombay High Court that the digging work in suburban Andheri for the Metro 2B Line, was only for … READ FULL STORY
The total carpet area of projects registered under MahaRERA, as per recent data available, was 84.62 million sq ft, of which, the total sold area was 43.5 million sq ft – or 51 per … READ FULL STORY
The union cabinet, on August 23, 2017, approved the transfer of 40 acres of land owned by the Airports Authority of India (AAI) to the Mumbai Metropolitan Region Development Authority (MMRDA). The transaction will … READ FULL STORY
Hundreds of residential projects, promised to be handed over to home buyers this year, have suddenly witnessed a leap in delivery timelines in the wake of the Real Estate (Regulation and Development) Act (RERA), … READ FULL STORY
The long awaited Mumbai Draft Development Plan (DP) 2014-2034, is in the final stages of approval and is likely to be implemented in 2017. Keeping in line with the national objective of ‘Housing for … READ FULL STORY
