There is no doubt that Mumbai is one of the most sought-after cities in India, in spite of its traffic congestion and exorbitant property prices. Scarcity of land has pushed up the real estate … READ FULL STORY
In a move that could significantly boost connectivity in the Mumbai Metropolitan Region (MMR), the centre, the Maharashtra government, the Mumbai Railway Vikas Corporation (MRVC) and the Asian Infrastructure Investment Bank (AIIB), on August, … READ FULL STORY
Mumbai is home to a number of educational institutes, as well as corporate giants that attract thousands of young professionals to the city. Along with this, the television and film industry employs thousands of … READ FULL STORY
Mobility of students in India is increasing and it is common to see students moving to different cities, for higher education. However, there remains a dearth of good hostels and other amenities, to accommodate … READ FULL STORY
In 2018, the real estate sector’s focus was on ensuring affordability of homes, balancing the impact of the Goods and Services Tax (GST) and improving sales, while also witnessing the fallout of the liquidity … READ FULL STORY
After a prolonged lull of nearly three years, the residential markets in the top three cities of Bengaluru, Mumbai and Delhi NCR, showed definite signs of recovery in 2018. The positive impact of the … READ FULL STORY
Two non-bank lenders, Finance Advisors & Managers and Vista ITCL (formerly IL&FS Trust Company), have taken Mumbai-based developer Rashmi Housing to the National Company Law Tribunal (NCLT), for defaulting on a Rs 26.24-crore payment. … 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
Maharashtra Environment Minister Ramdas Kadam, on December 4, 2018, demanded a probe into the massive fire near the Aarey Colony forest in suburban Goregaon, to ascertain whether it was a mere accident or pre-planned. … READ FULL STORY
Gross leasing activity in India was recorded at 36.4 million sq ft for the first nine months of 2018, up by 26 per cent year-on-year (YoY), according to the ‘India Office Overview and Outlook, … READ FULL STORY
The Maharashtra government is considering a proposal to provide houses to police personnel, in cities such as Nagpur, Aurangabad, Nashik, Thane, Navi Mumbai and Pune, by providing land to state housing agencies CIDCO and … 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
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
