The long awaited Mumbai Draft Development Plan (DP) 2014-2034, is in the final stages of approval and is likely to be implemented in 2017. Keeping in line with the national objective of ‘Housing for … READ FULL STORY
Realty player Kolte-Patil Developers, on April 26, 2017, said that it had signed an agreement to redevelop a residential project in Dahisar, in Mumbai. The Dahisar Shree Avadhoot Co-operative Housing Society has a plot … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on April 22, 2017, said that the redevelopment of Bombay Development Directorate (BDD) chawls in Mumbai, will raise the standard of living of over 12,000 families, currently staying in … READ FULL STORY
As per the income tax laws, any profit on sale or transfer of your house or land becomes taxable, in the year in which you transfer the same. As per the Transfer of Property … READ FULL STORY
The Pune Municipal Corporation recently sanctioned the new development control regulations (DCR), which allows for higher floor space index (FSI) in certain categories, in non-congested areas. Small developments are likely to benefit more from … READ FULL STORY
Housing minister Prakash Mehta, on January 5, 2017, announced that the Maharashtra government will only take a premium for redevelopment of Maharashtra Housing and Area Development Authority (MHADA) layouts and that the condition that … READ FULL STORY
Mumbai has a new Transfer of Development Rights (TDR) policy that is linked to the width of the road beside the project’s site. As per the new policy, projects on roads that are less … READ FULL STORY
Describing Delhi’s East Kidwai Nagar project as a role model for redevelopment, Union Minister M Venkaiah Naidu, has said that the Rs 5,298-crore project should be replicated at other places, for development of cities. … READ FULL STORY
Maharashtra chief secretary Swadheen Kshatriya, has said that the high-powered committee headed by him, has cleared the redevelopment proposals of the Bombay Development Directorate (BDD) chawls, at Naigaon and at NM Joshi Marg in … READ FULL STORY
The recently-released Maharashtra State Housing Policy, proposes redevelopment of buildings in 104 layouts of the state-run Maharashtra Housing and Area Development Authority (MHADA) in Greater Mumbai. A developer will be eligible for an FSI … READ FULL STORY
Announcing Maharashtra government’s new housing policy on September 2, 2016, chief minister Devendra Fadnavis said that it was not for the builders’ lobby but for the common man. Regarding Mumbai, where affordable housing is … READ FULL STORY
