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Navi Mumbai: Cidco told to put bars to stop sand mining in Taloja creek
Publish on : 2022-11-26 13:49:58
State additional chief secretary Nitin Kareer during a review meeting has instructed to hand over all CRZ land to forest department mangrove cell, and place measures to contain illegal sand dredging and destruction of mangroves. NAVI MUMBAI: Cidco has been asked to fix metal bars underneath the r...
Mumbai: 388 Mhada buildings set to get redevelopment push before BMC poll
Publish on : 2022-11-26 13:46:13
Officials said that the Shinde-Fadnavis government is given an in-principle nod to redevelop these old buildings under section 33 (7) of the Development Control Regulation (DCR) with a floor space index (FSI) of 3 or additional incentive FSI of minimum 78%. MUMBAI: Ahead of the BMC polls, the Shi...
Finance ministry seeks details of property transactions above Rs 50 lakh
Publish on : 2022-11-26 13:36:04
Officials from the state property registration department have confirmed the directions from the Union finance ministry and said that it was part of an "administrative" exercise and instructions have been given to all the sub-registrars. PUNE: The Union finance ministry has asked the registration...
Land deals by builders jump over three-fold in eight cities in Jan-Sept 2022: Report
Publish on : 2022-11-26 13:31:43
At least 68 separate land deals, accounting for 1,656 acres, were closed in the first nine months of 2022 across top eight cities, as against just 20 land deals for 925 acres in the corresponding period of last year, it said. NEW DELHI: Real estate developers are aggressively looking to expand th...
Maharashtra revenue department website resolves 5,000 land-related issues
Publish on : 2022-11-26 13:28:53
The website now has over 2500 officers on board and dozens of land related queries from across the state are answered every week. MUMBAI: The state government's revenue officers have responded to and given solutions to 5,000 queries from citizens on land related problems on a unique website creat...
Navi Mumbai plot sold for record Rs 5.54 lakh per sq meter
Publish on : 2022-11-26 13:22:51
This was nearly five times the reserve base price set by Cidco at Rs 1.14 lakh a sq m. It works out to Rs 306 crore for the roughly 1.3-acre plot (5,526 sq m) located at Sector 20, Palm Beach Road, Sanpada. MUMBAI: The real estate market in Navi Mumbai was on fire on Monday when one of the 28 plo...
SC asks MHADA for status of FIRs on builders, surplus area
Publish on : 2022-11-26 13:11:14
An order by an SC bench of Justices M R Shah and M M Sundresh seeking details of surplus area surrendered by builders and the status of FIRs in 246 projects has put Mhada in a bind. NEW DELHI: The Supreme Court on Tuesday asked Maharashtra Housing and Area Development Authority (Mhada) to submit...
Keystone Realtors shares climb over 3% in debut trade
Publish on : 2022-11-26 13:06:14
The stock listed at Rs 555, reflecting a gain of 2.58 per cent from the issue price on the BSE. It further rallied 5 per cent to Rs 568.25. Shares of the firm ended at Rs 557.80 apiece, higher by 3.10 per cent. NEW DELHI: Shares of Keystone Realtors, which sells properties under brand 'Rustomjee'...
Maharashtra to launch its own housing scheme for homeless people
Publish on : 2022-11-26 13:02:27
A new target of 3.5 lakh homes has been set under Awaas plus which covers people who did not make it to the PMAY list. MUMBAI: The state government will launch its own housing scheme for those left out of the Pradhan Mantri Awaas Yojana (PMAY) and Awaas plus yojana, announced deputy CM Devendra F...
Redevelopment projects trigger up to 15% rise in Mumbai rentals
Publish on : 2022-11-14 12:16:34
The average rental has jumped from approximately Rs 60-90 to Rs 65-100 psf in the western suburbs, and from Rs 45-60 to Rs 50-70 psf in the eastern suburbs. As several dilapidated old buildings have gone for redevelopment in Mumbai, micro-markets in the city’s western suburbs have seen up to 15 p...

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