Mumbai and Navi Mumbai figure in the list of the most-polluted cities and the state government intends to make Maharashtra pollution-free by 2022, by adopting various pollution control measures, minister of state for environment, … 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 commerce ministry has urged the Maharashtra government to resolve all issues concerning the Navi Mumbai special economic zone (SEZ) by the end of August 2017. The Board of Approval (BoA), chaired by commerce … READ FULL STORY
Over the past few decades, real estate has emerged as an important investment asset. However, this investment, depends on healthy capital appreciation over a long-term period. Real estate also tends to be illiquid and … READ FULL STORY
In a reprieve for the Maharashtra government, the Bombay High Court, on June 9, 2017, vacated a stay granted on allowing an increase in the floor space index (FSI) for new buildings proposed to … READ FULL STORY
According to a study by property consultant Jones Lang LaSalle (JLL), since Bengaluru and Pune both rely heavily on IT companies, not only for job creation but also to drive office and residential real … READ FULL STORY
In 1Q2017, the y-o-y increase in rentals was the highest in Navi Mumbai at 9%. Mumbai’s gross average rents, which include Thane and Navi Mumbai micro-markets, rose by only 1% (y-o-y). Within Mumbai, the western suburbs’ micro-market … READ FULL STORY
Refusing to approve the Maharashtra government’s policy to regularise illegal structures in the state, a bench of justices Abhay Oka and Anuja Prabhudesai of the Bombay High Court said, “If an illegal structure is … READ FULL STORY
The ticket size of new launches across the top eight cities of India (Ahmedabad, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai and Pune), witnessed an average decline of 14% year-on-year (y-o-y), according to a report … 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
Ashsih Gupte and his colleagues thought that they had taken the best decision of their lives four years ago, when they invested in a project in Ulwe. The developer told them that their investment … 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
Khopoli, situated in Navi Mumbai is an industrial town which belongs to the Raigad District. It is surrounded by the majestic mountain ranges of the Western Ghats. The Patalganga river flows through Khopoli. Apart from being … READ FULL STORY
