Property rates & trends in Navi Mumbai
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The Maharashtra government, which has decided to regularise unauthorised constructions till December 2015 on a mass scale in urban belts, has said that criminal cases will be filed against builders responsible for illegalities. Chief … READ FULL STORY
The Maharashtra government said that it has decided to regularise unauthorised constructions till December 2015, on a mass scale in the state’s urban belts. Minister of state for urban development, Ranjit Patil, informed the … READ FULL STORY
Office space absorption increased by 46%, to over 10.2 million sq ft in the second quarter of 2016 on improved demand from corporates, according to property consultant CBRE. The National Capital Region (Delhi, Gurgaon … READ FULL STORY
Mumbai and its surrounding areas offer a healthy mix of real estate options, which has been possible, largely due to the region’s infrastructure and connectivity. “If connectivity is improved, then it will be easy … READ FULL STORY
According to a report by Liases Foras, the number of unsold apartments in Mumbai has reached a record of 84,915 units, up from 80,426 unsold units only three months back. In the Mumbai Metropolitan … READ FULL STORY
The Bombay High Court, on April 27, 2016, rejected a Maharashtra Government plea, seeking to implement a policy to regularise illegal structures across the state, which have come up prior to December 31, 2015. … READ FULL STORY
Long queues, insufficient parking space and traffic jams in its vicinity, have become synonymous with Mumbai’s airport, which has reached a saturation point. Consequently, the proposed airport in Navi Mumbai, is no longer a luxury … READ FULL STORY
A locality in Navi Mumbai, Mansarovar belongs to the Konkan region of Maharashtra. Owing to its proximity to the Arabian Sea, the weather of Mansarovar is perennially humid but pleasant. Connectivity with nearby … READ FULL STORY