The demolition of RK Studios, the famed dream factory of the legendary film-maker Raj Kapoor in the suburban Chembur, in Mumbai, has begun. “The demolition work started a few days back. It is in … READ FULL STORY
North Mumbai has seen rapid development in recent years. Infrastructure has played a crucial role, in driving the growth of the real estate sector. The required push from the state government, towards infrastructure development, … READ FULL STORY
For home buyers, especially in Mumbai, the locality where one chooses to live, has a major impact on one’s lifestyle, says Kala Suresh, a freelance business communication trainer. Suresh has been a resident of … READ FULL STORY
The operations of the much-delayed second phase of the Mumbai Monorail was halted, on March 4, 2019, on its maiden day of commercial operations, due to technical glitches. The 11.28-km-long second phase, from Sant … READ FULL STORY
The sale of immovable property, which is held by an individual for more than 24 months, attracts long-term capital gains (LTCG) tax of 20 per cent on the profit (net consideration minus expenses incurred … READ FULL STORY
Mumbai-based developer Sanjay Agarwal allegedly shot himself with his licenced revolver in his office cabin, in Chembur’s Sindhi Colony at around 11.25 am on January 3, 2018, said deputy commissioner of police (zone-VI) Shahaji … READ FULL STORY
Lok Sabha member from Mumbai south-central, Rahul Shewale, in a letter written to union minister of road transport and highways, shipping and water resources, Nitin Gadkari, on December 20, 2018, demanded that the centre … READ FULL STORY
Around half-a-dozen housing societies in Mumbai, have got the go-ahead for self-redevelopment from the Maharashtra Housing and Area Development Authority (MHADA), an official has revealed. The Mumbai District Central Cooperative Bank (MDCCB) has also … READ FULL STORY
After a year-long delay, the final draft of the Greater Mumbai Development Plan (DP) 2034, recently saw the light of day. The highlights were the amendments in the development control regulations (DCR) in terms … 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
Never has there been more focus on the end-users – even in Mumbai, which is the priciest real estate market in India, than in recent months, especially in light of the post-demonetisation reality and … READ FULL STORY
The suburb of Chembur, in Mumbai, has witnessed a sea change over several years. There are many under-construction and ready projects in the area, from reputed builders. Many sick industrial units have also given … READ FULL STORY
The task, to remove encroachments on nearly four acres of mangrove land in Mumbai, has been carried out over the last two months in suburban Chembur and its neighbouring areas, where people had built … READ FULL STORY
