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Maharashtra government proposes change in policy to give TDR demand a boost
Publish on : 2021-10-30 12:24:03
The rights of finalising the priority between the TDR and premium FSI has been given to the municipal commissioner’s office. The directives would be implemented after the government seeks objections and suggestions from the public for its clearance. PUNE: The state government recently proposed a...
Maharashtra government seeks to redevelop slums on Juhu airport
Publish on : 2021-10-25 12:20:50
Chief minister Uddhav Thackeray on Wednesday held a review of slum rehabilitation schemes in the city. The issue of rehabilitating slums on 8334 acres of central government land in the city was also discussed. MUMBAI: The state government wants to redevelop the slums on Juhu airport. “We want to...
Activists object to MahaRERA nod for Mistry Constructions' project in Navi Mumbai
Publish on : 2021-10-25 12:13:28
Last month, MahaRera issued a registration certificate to a project called ‘Infinite Residency’ proposed by developer Mistry Constructions at Navi Mumbai MUMBAI: Environmentalists and citizen activists in Navi Mumbai have objected to state housing regulatory authority MahaRera’s decision to r...
Mumbai records over 2,400 property registrations during Oct 7-13: Knight Frank
Publish on : 2021-10-16 17:12:29
Property consultant Knight Frank India said that Mumbai city (MCGM region) recorded property registrations of 2,494 units or daily 356 units during the first 7 days of the auspicious Navratri festival. NEW DELHI: The registration of housing properties in Mumbai's municipal region increased during...
Kanjurmarg land is for affordable housing, not Mumbai metro: Garodia family
Publish on : 2021-10-16 17:10:31
The letter dated December 3, 2020, said the Garodias have been the lessee of about 500 acres of land since the past several decades. It includes about 249 acres within the limits of village Kanjur (Jenkins Salt Works) and village Bhandup and another 251 acres of marsh land of village Kanjur (Arthur...
Pune: Property registrations on the rise ahead of Dasara
Publish on : 2021-10-12 16:33:13
Officials said they expected the numbers to increase in the coming week and said the impact of the coronavirus pandemic on the real estate sector appeared to be on the wane. PUNE: The state registrations department on Saturday said it was witnessing an uptick in property registrations in the days...
Residential quarters to be constructed for HC judges in south Mumbai
Publish on : 2021-10-12 16:26:24
The project was earlier approved in 2017 and it was to cost Rs 67.3 crore, did not take off and a revised approval of Rs 202 crore was given on Monday. MUMBAI: The Maharashtra government on Monday gave its revised approval for construction of residential quarters in South Mumbai for judges of Bom...
Maharashtra: High premiums hit conversion of collector's land to freehold units
Publish on : 2021-10-12 16:23:33
Over 1,250 such plots have been given by the government to individuals and housing societies in south Mumbai, and only 19 plot holders have sought conversion to freehold. MUMBAI: The state government’s scheme to convert collector’s land to freehold land has received poor response. Since March 201...
Navi Mumbai: Buying a house becomes more affordable as real estate sector approaches downswing
Publish on : 2021-09-20 17:49:57
Two different plots in the Sanapda node in Navi Mumbai have witnessed a sharp difference in prices during the auction this year. The difference is looked at as a correction to the soaring realty price in the satellite city. Builder Association of Navi Mumbai (BANM), a developers' body termed the...
The red-hot property market that’s challenging even Mumbai prices
Publish on : 2021-09-20 17:47:54
In recent weeks, I have been travelling to parts within North India. One of the destinations where I spent some time was in the city of Chandigarh. The story behind the creation of Chandigarh is well known: after independence with the partition of Punjab, the capital city of Lahore went to Pakist...

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