A Supreme Court bench of justices J Chelameswar and Sanjay Kishan Kaul, on January 5, 2018, defreezed three bank accounts of scam-tainted Adarsh Cooperative Housing Society and asked the society to deposit security of … READ FULL STORY
In a move that could pose a grave danger to Mumbai’s climate and ecology, up to 3,500 trees may be cut in the city’s Aarey forests, to pave the way for upcoming projects – … READ FULL STORY
According to a survey by Cushman & Wakefield, the net absorption of office space in 2017 dropped by seven per cent to 30.57 million sq ft, as compared to 32.85 million sq ft in … READ FULL STORY
The Mumbai Metropolitan Region Development Authority (MMRDA) is planning to invest Rs 62,943 crores on infrastructure, to develop a metro rail network of 157 kms in Mumbai. The MMRDA is already implementing two metro … READ FULL STORY
With sizeable demand for quality affordable housing within the Mumbai Metropolitan Region (MMR), the growth potential for this segment seems promising, says Prabhat Ranjan, Chairman and MD of Olympeo Infra Ltd. In an exclusive … 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
Imagine painting the prettiest-ever, sea-swept landscape – and then living in it. Till fairly recently, only the super-rich were allowed to have that dream, and Alibaug made it a reality. But in the last … READ FULL STORY
Byculla, a suburb in south Mumbai, has a rich cultural heritage. In the 1800s, Byculla was a prestigious European enclave and home to the rich and famous, including Baghdad’s treasurer, Sir David Sassoon, who … READ FULL STORY
India’s real estate sector will quickly adapt to the recent regulatory changes, like demonetisation, RERA and the GST, according to Bijay Agarwal, managing director, Salarpuria Sattva Group. In an exclusive interview with Housing News, … READ FULL STORY
Maharashtra chief minister, Devendra Fadnavis, inaugurated the Greenbuild India Conference & Exposition in Mumbai, at the Bombay Exhibition Centre. Greenbuild is the world’s largest conference and expo, dedicated to green building and is premiering … READ FULL STORY
The Bombay High Court, on October 13, 2017, said that one of the reasons the Metro III project was facing opposition from the residents, was their lack of confidence in the Mumbai Metro Rail … READ FULL STORY
A division bench of the Bombay High Court, comprising chief justice Manjula Chellur and justice NM Jamdar, while hearing a bunch of petitions claiming that the construction activity for the Mumbai Metro III was … READ FULL STORY
Shapoorji Pallonji Group, on October 12, 2017, announced a USD 500 million equity joint venture (JV) with Allianz AG of Germany, which marks Allianz’s first real estate transaction in India. The JV will establish … READ FULL STORY
