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
Maharashtra is on track to become a trillion-dollar economy, given the impetus to infrastructure development in the last three years, with the state attracting more than half of the total foreign direct investment (FDI) … READ FULL STORY
The major fire at the Deonar dumping ground in Mumbai, which caused serious health issues for residents of the city, has raised the important issue of mismanagement of garbage. Keeping this in view the … READ FULL STORY
According to a study conducted by property portal NoBroker, Mumbaikars, as a group, can save up to Rs 4,600 crores and commuting time worth 1.35 lakh years, by staying at suitable locations. “The financial … READ FULL STORY
Private equity inflows into Indian real estate is expected to USD 4 billion in 2017. However, a low risk appetite among investors, is likely to trigger a shift in investments’ share from the residential … READ FULL STORY
Prime minister Narendra Modi and his Japanese counterpart Shinzo Abe, on September 14, 2017, laid the foundation stone for India’s first bullet train between Ahmedabad and Mumbai. The Rs 1.10-lakh-crore train project, between Ahmedabad … READ FULL STORY
Godrej Properties Ltd, on September 14, 2017, announced that it has entered into a joint venture with Nirmal Ventures, for developing a residential project located on the Lal Bahadur Shastri (LBS) Marg, in Thane … 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
In the backdrop of the Bhendi Bazaar building collapse that killed 34 people in Mumbai, Maharashtra chief minister Devendra Fadnavis, on September 8, 2017, said that the state was planning to make some amendments … READ FULL STORY
A Mumbai family that had been fighting a legal battle for 48 years, to regain possession of their one-room flat that they had rented out, got justice after the Bombay High Court asked the … READ FULL STORY
The Bombay High Court, on September 8, 2017, pulled up the Brihanmumbai Municipal Corporation (BMC), saying that its ‘constant delay’ in filing replies, was preventing the court from deciding several important cases, especially those … READ FULL STORY
Senior counsels Dinyar Madon and Janak Dwarkadas, representing industrialist Vijaypat Singhania and Raymond Ltd, respectively, on September 4, 2017, told a Bombay High Court bench of justice GS Kulkarni that the lawyers and the … READ FULL STORY
IT/ITeS and BPO companies, have been instrumental in attracting the young workforce to big cities like Delhi, Bengaluru, Mumbai, Pune, Hyderabad, Jaipur, etc. Consequently, this job sector has significantly impacted the rental landscape of … READ FULL STORY
