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365 homes a day! Mumbai property registrations hit 10-year high: Why real estate is set for a turnaround
Publish on : 2021-12-01 13:18:36
While Maharashtra, West Bengal and Karnataka slashed stamp duty rates, the Delhi government reduced the circle rates by 20% till September 30, 2021. This is equivalent to about a 1% reduction in stamp duty Property registrations in India's biggest real estate market scaled to a new 10-year peak in...
Maharashtra: Final report on public hearings on new SRA rules by Nov-end
Publish on : 2021-12-01 13:04:22
Over 300 suggestions and objections were submitted on the new regulations, which were going to promote the use of Transfer of Development rights (TDR). PUNE: The Slum Rehabilitation Authority will submit its final report on suggestions and objections about the new rules by month-end. Over...
Mumbai’s stuck housing redevelopment projects to get a push
Publish on : 2021-12-01 13:02:26
The state government decides to help resolve issues that have stalled over 550 housing projects by playing a facilitator’s role The Maharashtra government has decided to help resolve the issues that have stalled nearly 550 housing redevelopment projects in the country’s commercial capital Mum...
Thane: Mhada now plans to make Kalwa affordable housing hub
Publish on : 2021-11-26 17:36:35
Jitendra Awhad said the department was working out a plan to procure a disputed land belonging to a now defunct engineering company spread over 100 acres in Kalwa (east). THANE: The Maharashtra Housing and Area Development Authority (Mhada) is planning to turn Kalwa into a hub of affordable housi...
CIDCO nets over Rs 525 crore through auction of 11 plots in Navi Mumbai
Publish on : 2021-11-26 17:34:08
The bids for all 11 plots are nearly 2 to 4 times higher than the reserve price set by the authority. All land parcels are located in sector 11 of Kharghar and will be open for both commercial and residential development. The Maharashtra government’s town planning authority, the City and Industri...
WeWork opens over 15,000 sq ft workspace in Express Towers, Mumbai
Publish on : 2021-11-24 11:44:22
The centre will have over 250 desks. In July 2021, the company had leased out 17,000 sq ft area to 3M India NEW DELHI: WeWork India, a flexible workspace provider, on Monday opened over 15,000 sq ft workspace at the Express Towers building in Nariman Point, Mumbai, the company said in a media rel...
Mumbai: With CRZ washed away, steep curve ahead for Pali Hill skyline
Publish on : 2021-11-24 11:37:17
A massive construction boom is on the anvil at prime seafront locations in the city, especially between Bandra and Versova, after Coastal Regulation Zone (CRZ) norms were diluted by the Centre recently. MUMBAI: A massive construction boom is on the anvil at prime seafront locations in the city, e...
CIDCO to adopt Maharashtra unified DCR for rapid development of NAINA project
Publish on : 2021-11-24 11:32:09
To prevent haphazard development around the Navi Mumbai International Airport, CIDCO has proposed the development of NAINA on 371 sq km of land from the Thane and Raigad districts. The Maharashtra government’s town planning authority, the City and Industrial Development Corporation (CIDCO), has d...
MHADA inks pact with Chadha Developers for affordable housing township near Mumbai
Publish on : 2021-11-24 11:28:31
More than 1,000 applicants have already been selected for the allotment through a lottery draw in the last two lots since its launch in September 2021. A lottery for around 3,000 flats will be closing on December 25, while the draw date is January 1. The Maharashtra Housing & Area Development...
Pune civic body's 50-year-old quarters in Parvati area up for redevelopment
Publish on : 2021-11-09 17:40:46
Tenders worth Rs 13 crore have been approved. Though the project has been cleared, a group of residents are opposing the construction. PUNE: Nearly 50 years after they were built, the quarters housing Pune Municipal Corporation (PMC) employees in Parvati area are set for redevelopment. Tenders...

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