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Navi Mumbai Archive

Navi Mumbai – Smart city or Tech city?

  To enroll for the Smart City challenge and grab the title, people’s participation is of utmost significance. Navi Mumbai Municipal Corporation has taken a step towards ensuring this by launching a website. “It is very important to garner involvement of people for the success of any campaign. This website will take us closer to […]

Navi Mumbai Builders’ Association protests against CIDCO, NMMC

Charging CIDCO & NMMC for corruption and systemic delays in clearance of various real estate development plans, the Builders Association of Navi Mumbai (BANM) protested outside their offices recently. The agitation was sparked by the suicide of Suraj Parmar, a prominent builder on October 7 whose suicide note revealed the harassment he suffered while dealing […]

India’s property market is getting pace after mega commercial deals

Currently, Indian property market is witnessing boost after the two mega commercial deals; In first deal; Carnival Group buys real estate project from L&T Group in Chandigarh and the deal price was Rs 1,785 cr and in second deal; Abbott Group buys office space from Godrej Properties in Mumbai and deal price was Rs 1,479 […]

Andheri’s Hotel Aura Grande acquired by Bangaluru based MRG Group

Deal space in the hospitality sector is picking up in 2015 with alleviation of valuations and improved market conditions drawing buyers back to the bazaar after nearly two years. In the most recent development, MRG Hospitality and Infrastructure, the owner of a chain of boutique hotels under the ‘Goldfinch’ brand, has acquired Aura Grande, a […]

DNA property expo debuts in Navi Mumbai today!

The fast pace of growth at Navi Mumbai has made the satellite city the new number one choice for home buyers. If you’re also looking for your dream home or just to invest, drive down to Navi Mumbai this weekend, where dna property expo will debut, and will be in full swing for next two days. Starting on […]

Mumbai’s real estate slowly picking up – Experts

Swiss chemical giant Clarian on Wednesday sold its 87 acre land parcel at Kolshet in Thane district to the Lodha Group for Rs 1,154 crore. The plot has a development potential of nearly 6 million square feet. Earlier, Oberoi Realty and Tata Housing also went land shopping in Mumbai for development projects. Niranjan Hiranandani, Managing Director, […]

Bhujbal’s Navi Mumbai property to be attached by Enforcement Directorate

The Enforcement Directorate (ED), is preparing itself to seize a plot in Kharghar, Navi Mumbai, promoted by Pankaj Bhujbal and nephew Samir Bhujbal, the son & nephew of NCP Leader Chhagan Bhujbal respectively. The ED is already investigating a money- laundering case against the Nationalist Congress Party leader and former Public Works Department (PWD) minister […]

Mumbai home buyer’s be alert!

Did you get an amazing discount on booking a new flat? Before rejoicing, complete a few checks. Real estate experts say many developers have increased the super built-up area by 60-70%. Which simply means that if you are buying a 1,000 sq ft apartment, yourcarpet area will only be 40-30%. So, you are not actually […]

Here is the list of smart cities released by the government

Government on Thursday,20 august 2015  released a list of 98 cities, including 24 state capitals, which are to be developed as smart cities.Here is the list of smart cities released by the government today :   SR. No. Name of State/UT No. of cities shortlisted Names of selected Cities Population of Cities 1. Andaman & […]

Get into a new home this festive season!

Buying a new property was hitherto out of reach for home buyers given the peaking real estate prices. The demand for realty therefore, has been stagnating. Despite this, no attempts to review prices have been made to lure buyers to the market again. According to RBI Annual Report, the number of unsold properties have not […]