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Navi Mumbai Archive

In current drive, 26 FIRs filed against unscrupulous real estate developers in Mumbai

MIDC have been lodged Twenty three FIRs at the Rabale MIDC police station errant real estate developers, who have used the government land to cheat poor or low income group buyers in Digha, whereas; another three FIRs were lodged against illegal buildings in Digha and case was filed by Brajesh Mishra, a social activist, under […]

Smart City race – Navi Mumbai may be knocked out

In a major shock to the city, NCP, the ruling party in Navi Mumbai Municipal Corporation (NMMC) has voted against Navi Mumbai being considered for the SmartCity project. The NCP corporators in the general body meeting on Tuesday refused to support the administration’s proposal for SmartCity. The Corporators said that they are contesting the move […]

Bigger & better – 2016 brings MCHI’s fifteenth property show in THANE !

Opportunity to see and select your dream home has knocked on your door once again! Coming January, MCHI and CREDAI’s Thane unit provide you an avenue where you can explore properties galore. After witnessing a footfall of nearly 1, 00,000 realty enthusiasts during the fourteenth property expo last year, the next show promises to be […]

India’s first “Smart City” in Navi Mumbai with new airport and township

Navi Mumbai is going to get the India’s first “Smart City” which is spread over an area of 75 sq km encompassing seven nodes and the upcoming airport with one new township. Presently, Brownfield project is developing the existing facilities in the few regions such as; Kalamboli, Kharghar, Ulwe, Panvel, Dronagiri, Kamothe, and Taloja nodes […]

BlackSoil Realty is set to invest Rs 25 cr in Ahuja Construction’s “Project O2” through SPV

BlackSoil Realty Fund–I is all set to invest Rs 25 crore in Mumbai’s leading real estate developer’s project. According to sources, Ahuja Constructions will use this fund for mid-market focused upcoming project which is known as the “Project O2” and it is located at the Sion East. BlackSoil Realty will use the special purpose vehicle […]

Ahuja Constructions launches its luxury residential project in the heart of Mumbai at Sion suburb

Recently, one of the Mumbai-based real estate developer, Ahuja Constructions launched its brand new luxury residential project at Sion suburb, Mumbai. This new residential project O2 is strategically located at Sion, Priyadarshini Park and this location is one of the most prominent locations in all over Mumbai. Apart from that this project is also equidistant […]

Mumbai: 1100 acres earmarked for affordable housing

The Maharashtra Housing and Development Authority (MHADA) has allocated land parcels spread over 1,100 acres across the Mumbai Metropolitan Region for developing affordable housing projects. Mumbai Metropolitan Region comprises cities of Mumbai, Thane and Navi Mumbai. The identified land parcels are in Thane, Raigad and the newly formed district of Palghar including Vasai and Virar. […]

NARDECO will construct one lakhs affordable homes in next one year

NARDECO (the National Real Estate Development Council), the umbrella developer body was formed under the ruling of Ministry of Housing and Urban Poverty with an objective to alleviate the work of central government. Niranjan Hiranandani, MD of Hiranandani Constructions Pvt. Ltd is now act as the president of Maharashtra NARDECO unit. The National Real Estate […]

Hotel brands turn to the Satellite city, Navi Mumbai

The sheer economics of land availability and at much cheaper costs, along with rising commercial activity and the plan of international airport gathering impetus has made Navi Mumbai the most sought after destination even for the hotel industry. Taj Group, Marriott International and InterContinental Hotels already have projects in the pipeline which are expected to […]

Wondering why Mumbai real estate is so costly?

Mumbai’s real estate has always been in the limelight, be it expensive trophy properties in South Mumbai or basic 1 bedroom-hall-kitchen apartments in the suburbs. The country’s commercial capital is branded as the hub of expensive residential properties. If you are wondering what makes homes in Mumbai so costly, Anuj Puri, Chairman & Country Head […]