New Delhi’s Connaught Place has moved one position higher, to become the ninth most expensive office location in the world, with an annual rent of USD 153 per sq ft, according to property consultant … READ FULL STORY
With many corporate and large business houses now looking towards emerging locations in Mumbai to set up their offices, such locations offer a great opportunity for buying homes, as well. “Over the past decade, … READ FULL STORY
With rapid urbanisation, the biggest challenge faced by cities and metropolitan areas, is traffic congestion, which also hinders the development of the real estate sector in such cities. Increasing population, has put significant stress … READ FULL STORY
Giving the first official indication of the likely fares on the government’s ambitious Mumbai-Ahmedabad bullet train project, Achal Khare, the managing director of the National High Speed Rail Corporation Ltd (NHSRCL), told reporters that … READ FULL STORY
The Comptroller and Auditor General of India (CAG), in a report tabled in the Maharashtra legislature, on March 28, 2018, has said that the Mumbai Metropolitan Region Development Authority (MMRDA) is yet to recover … READ FULL STORY
Almost 80 per cent work of designing of the bridges, viaducts and tunnels, on the country’s first bullet train between Ahmedabad and Mumbai, has been completed by engineers based in Delhi, Mumbai and Japan, … READ FULL STORY
Commanding gross effective rentals of USD 88.8 per sq metre per month, Connaught Place in Delhi, emerged as the third-most expensive office district among global peers across 20 international cities, on the index topped … READ FULL STORY
Reliance Industries Ltd (RIL) owes ‘additional surcharge’ of more than Rs 1,900 crores to state-run agency MMRDA, for delay in development of plots in Mumbai, the Maharashtra assembly was informed, on December 12, 2017. … READ FULL STORY
Following an encouraging response from two successive shows, the Dubai Land Department will hold the third edition of the Dubai Property Show in Mumbai this November. Supported by established Dubai developers, the property exhibition … 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 Maharashtra government, on July 25, 2017, informed that Reliance Industries Ltd (RIL) has defaulted on the payment of fine and additional surcharge of Rs 1,369.90 crores, over the delay in construction of a … READ FULL STORY
A Bombay High Court division bench of justices VM Kanade and MS Sonak, on June 13, 2017, allowed an application filed by the Mumbai Metro Rail Corporation Ltd (MMRCL), seeking permission to cut 108 … READ FULL STORY
Pointing out that his government has already appointed a master planner to design the International Financial Services Centre (IFSC) in Mumbai, Maharashtra chief minister Devendra Fadnavis, on March 21, 2017, said that the project … READ FULL STORY
