Yashodeep Shivalkar, a banker who shifted from Chembur to Panvel five years ago, is extremely happy with his decision. Owing to its affordable property rates, Shivalkar was able to buy a spacious two-bedroom-hall apartment … READ FULL STORY
The Maharashtra government, on October 24, 2017, approved the selection of the GVK-led Mumbai International Airports Ltd (MIAL) for developing the Navi Mumbai International Airport, on a public-private partnership basis. The decision was taken … READ FULL STORY
The Maharashtra cabinet, chaired by chief minister Devendra Fadnavis, on October 24, 2017, approved the proposal to establish Nagpur-Mumbai Super Communication Expressway Limited, a special purpose vehicle (SPV), which will work as a secondary … READ FULL STORY
Aviation think-tank, the Centre for Asia Pacific Aviation (CAPA), on September 12, 2017, said that the Navi Mumbai Airport is unlikely to be operational until 2024. “With significant earthworks to be performed at the … READ FULL STORY
When Hitesh Maniyar, a resident of Andheri, Mumbai, was on the lookout for a weekend home, his biggest concern was its location, as he planned to shift to Navi Mumbai in a few years. … READ FULL STORY
The Maharashtra government has decided to hand over 250.0635 hectares of forest land in Raigad district to the City and Industrial Development Corporation (CIDCO), for the development of the Navi Mumbai International Airport (NMIA). … READ FULL STORY
Thane municipal commissioner Sanjeev Jaiswal, on March 30, 2017, presented a Rs 3,390.78-crore budget for the fiscal year 2017-18, which showed a surplus of Rs 24 lakhs. Jaiswal proposed a 10% increase in property … READ FULL STORY
Mumbai, which is often criticised for being saturated, also has some under-valued and lesser-known real estate micro-markets that could transform into property hotspots, owing to infrastructure developments in the city. Most of these ‘hidden … READ FULL STORY
Over the last few years, the Karjat-Neral belt has transformed from a second home location, to a first-home destination. The region has become an established housing destination and prices are likely to move upwards. … READ FULL STORY
The GVK Group that runs the swanky MIAL (Mumbai International Airport), pipped rival GMR Group on February 13, 2017, to bag the contract for the proposed international airport in Navi Mumbai, which will ease … READ FULL STORY
The City and Industrial Development Corporation of Maharashtra (CIDCO), is positive that more firms will participate in the bid for the development of its ambitious Navi Mumbai International Airport project, a senior development authority … READ FULL STORY
The City and Industrial Development Corporation (CIDCO), for the second time on January 25, 2017, extended the deadline for submitting bids for the Navi Mumbai Airport to February 13, as it received only one … READ FULL STORY
Kharghar is one of the 14 nodes being developed by CIDCO. It is being developed as a polycentric new town with proper transport facilities. It is estimated that this locality can accommodate around 50,000 … READ FULL STORY
