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Latest News
Cidco freezes Navi Mumbai land reserve price for FY22
Publish on : 2021-05-28 11:49:45
Navi Mumbai: With the real estate market hit due to pandemic, the Cidco board has approved a proposal to freeze the reserve price of land in various nodes of Navi Mumbai and its surrounding areas for the current fiscal 2021-22 The current reserve price was due for revision in March 2021. Cidco sa...
Pune civic body wants Maharashtra government to give stamp duty dues of Rs 176 crore
Publish on : 2021-05-26 12:19:53
According to civic officials, they had decided to reduce their budget expenditure due to poor revenue generation in 2020-21 and introduced a 40 % cut. Only essential services, mandatory and emergency works were allocated funds. PUNE: The Pune Municipal Corporation (PMC) has approached the state g...
Kinzon Capital's Brad Bao invests in real estate startup Blox
Publish on : 2021-05-26 12:15:48
Founded by Aditya Jhaveri, Blox—formerly Method & Madness Pvt. Ltd.—had raised $2 million in its first funding round led by Tinder Inc.’s founder Justin Mateen. MUMBAI: Brad Bao, the co-founder of electric scooter rental Lime and early-stage venture investor Kinzon Capital, has invested an undisc...
Mumbai: Oberoi Realty takes over Rs 3,000-crore rehabilitation of Worli society
Publish on : 2021-05-26 11:39:53
The tragic case of 192 families that resided in Worli’s Shivshahi cooperative housing society, comprising 12 buildings (demolished seven years ago), highlights the mess in redevelopment projects in Mumbai. MUMBAI: A stalled redevelopment project in Worli worth Rs 3,000 crore has been taken over b...
Maharashtra to take a call on extension for property registration soon
Publish on : 2021-05-26 11:36:51
Credai Maharashtra has sought four-month extension from the state government for such property documents, which were to be registered by April-end. PUNE: Additional chief secretary (revenue) Nitin Kareer on Wednesday said the state government would soon decide on the issue of extending registrati...
Mhada to sell undisbursed flats obtained by Maharashtra under discretionary quota
Publish on : 2021-05-24 11:48:24
The state cabinet approved a slew of decisions on development on land under the erstwhile Urban Land Ceiling Act, where developers have not paid the government its dues. MUMBAI: Flats obtained by the state government under its discretionary quota which have not been disbursed will now be handed o...
Finance Minister hands over possession of Rival Park completed with SWAMIH fund
Publish on : 2021-05-24 11:46:00
The residential project - Rivali Park, located in suburban Mumbai, was the first housing project in India to have received funding under the SWAMIH fund. NEW DELHI: Union Minister for Finance & Corporate Affairs Nirmala Sitharaman on Thursday handed over possession to homebuyers of Rivali Park Wi...
CIDCO housing scheme allotment to begin from July 1 in Navi Mumbai
Publish on : 2021-05-24 11:42:44
The town planning authority for Navi Mumbai said under the scheme 25,000 homes in Taloja, Dronagiri, Kalamboli, Ghansoli and Kharghar have been built as part of the Pradhan Mantri Awas Yojana, adding that the allotment process would be completed by October. THANE: State entity CIDCO on Friday sai...
Brookfield Properties to offer vaccination drive across all its campuses
Publish on : 2021-05-21 17:19:54
The initiative is being taken across cities, beginning with Chennai followed by Mumbai, Gurugram, Noida, Bengaluru, and Kolkata, the company said in a media release. NEW DELHI: Brookfield Properties plans to offer vaccination drive across all its campuses for employees and third-party associates....
Over 65% buildings reviewed in pre-monsoon survey by Mhada are safe in Mumbai
Publish on : 2021-05-21 17:18:36
The board has also set up a control room with 24/7 helpline numbers to monitor any unforeseen disasters. The phone numbers are 022-3536945 and 23517423. MUMBAI: State housing board Mhada is currently undertaking its annual pre-monsoon review of cessed buildings in South Mumbai. Interestingly it h...

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