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Mumbai civic body allows movement of realtors' technical staff to construction sites
Publish on : 2021-04-17 16:29:06
With this, these consultants and technical experts will be allowed to travel from residences to respective construction sites. The civic body will not be issuing any special passes to them, but will have to carry their identity cards while travelling. The Municipal Corporation of Greater Mumbai (...
Mumbai region, Pune lead housing activity, accounts for 53% sales in top eight cities in Q1
Publish on : 2021-04-12 18:19:07
The Delhi-National Capital Region, on the other hand has continued to pay the price of inordinate project delays and unfavourable consumer sentiments, while the southern markets remained end-user driven and thus maintained an even keel, with developers focusing squarely on consumer demand. Proper...
Mumbai: Builders eye bigger share of 7,000 acres of NDZ land
Publish on : 2021-04-12 18:16:38
The builder would then receive the floor space index (FSI) of the entire plot to load on the remaining 43% for profits. MUMBAI: Private landowners and builders are lobbying for Special Development Zone (SDZ) lands in Mumbai—roughly 7,000 acres of open and green space—to be thrown open for constru...
Realty and construction companies manage to hold on to workers
Publish on : 2021-04-12 18:13:30
Governments such as Maharashtra have mandated measures that include food and accommodation at the site, free regular testing, vaccination, medication, work and wages. Such measures have ensured that migrant labour isn’t leaving Mumbai just yet. Realty and construction companies have so far manage...
Builders must disclose number of flats allotted in Mumbai
Publish on : 2021-04-12 18:10:53
The developer also has to disclose the size of apartment based on carpet area even if the apartments have been sold earlier on any other basis, such as super area, super built-up area, etc. MUMBAI: To ensure developers do not sell a flat to multiple buyers the government has made it mandatory for...
Avenue Supermart buys retail space in Mumbai's Chembur for Rs 113 crore
Publish on : 2021-04-09 14:50:12
Avenue Supermarts, the company that formally owns the retail chain, has paid stamp duty charges worth Rs 2.26 crore for the transaction concluded recently. Billionaire Radhakishan Damani’s retail chain DMart has bought two floors spread over 39,000 sq ft in realty developer Wadhwa Group’s under-c...
D'Mart founder Radhakrishna Damani picks up Malabar Hill property for Rs 1,001 crore
Publish on : 2021-04-09 14:47:27
Damani ranks as the eighth richest Indian with a net worth of $14.5 billion, as per the Hurun India Rich List, 2021. MUMBAI: Investor and founder of D'Mart retail chain, Radhakrishna Damani, and his brother, Gopikishna Damani, have bought a two-storey building in south Mumbai for a whopping Rs 1,...
Maharashtra: Slot-booking mandatory for property registration in April
Publish on : 2021-04-09 14:33:19
The slot-booking process would ensure that each of the 519 registration offices in the state carry out a maximum of 25-30 registrations daily, indicating a sharp decline in the government’s revenue in the first month of the new financial year. PUNE: Citizens planning to register their properties...
Allow us to run with 50% staff: Architects to Maharashtra CM
Publish on : 2021-04-08 20:26:27
Architect Harshad More said construction sites are allowed to operate, but if no drawings, plans and designs are received, work will be hit, which the industry cannot afford at this stage. MUMBAI: The Practising Engineers, Architects and Town Planners Association (PEATA) has urged the government...
Mumbai region, Pune lead housing activity, accounts for 53% sales in top eight cities in Q1
Publish on : 2021-04-08 19:24:48
The Delhi-National Capital Region, on the other hand has continued to pay the price of inordinate project delays and unfavourable consumer sentiments, while the southern markets remained end-user driven and thus maintained an even keel, with developers focusing squarely on consumer demand. Proper...

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