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Thane Archive

Clean Thane Mission – societies to get 5% tax rebate

  Be it making bio-fuel from nirmalya (holy waste) or making the city digi-smart by launching an app, Thane has seen a wide range of developments in all spheres and always been at the forefront of new changes. Interestingly, Thane Municipal Corporation has ensured public participation in all initiatives. With major infrastructural projects in the […]

Deepika Padukone endorses Lodha’s weekend enclave

Fans of the Bollywood diva Deepika Padukone will soon see her endorsing Mumbai-based real estate developer Lodha’s premium weekend home development property around a riverside Greg Norman golf course. This exclusive enclave is a short drive from both Mumbai and Pune, conspicuously located on the Mumbai-Pune Express Way. “It didn’t feel like I was working. […]

Puranik Builders gets Rs. 300 cr of realty investment through KKR’s NBFC

Global private equity major KKR’s non-banking financial company (NBFC) has approved an investment of Rs 300 crore in two under-construction residential projects of Pune-based Puranik Builders -Abitante and Aldea Espanola being developed in Pune’s Bawadhan and Baner locality . This is KKR’s first exposure to Pune real estate market. The NBFC KKR India Assets Finance […]

Thanekars gear up for Cleanliness contest!

Thane Municipal Corporation (TMC) chose a unique way of celebrating Ambedkar Jayanti this year. Thane is one city which is taking the Swachh Bharat Abhiyaan very seriously. After running a successful movement to make the city defecation-free, the civic body has now introduced a cleanliness competition for housing societies and slums where the winners will […]

Ready Reckoner Rates hiked by 7% in Maharashtra

The state revenue minister, Eknath Khadse made an announcement in the state assembly that the Ready Reckoner (RR) rates have been increased to 7% with Effect from April 1, 2016. In rural areas the rates have been hiked by 8%, 7% in influential areas, 7% in municipal council and nagar panchayat limits and 5% in […]

Tax evaders beware! KDMC on property seizing spree

The central suburbs of Mumbai are witnessing change as civic body commissioners are displaying positive aggression in matters of public interest. While Thane’s municipal commissioner Sanjeev Jaiswal ordered demolition of legal and illegal structures to unclog & clear the station road area, in a fresh move, KDMC’s commissioner E Ravindran took property tax defaulters to […]

Lodha Group’s new project sells 2000 units pre-launch

Within two years of acquiring the 88-acre land parcel from Clariant Chemicals in Thane which was one of the largest land transactions in the country, Lodha Group has announced its mega plans for an expansive residential neighbourhood in Prime Central Thane. India’s largest real estate developer, the Lodha Group announced another milestone for the company with […]

Five locations emerging as best real estate destinations in India

Today, we look into five cities that are emerging as few of India’s best real estate destination. 1) Hyderabad The creation of Telangana as the latest state in the country has led to the emergence of Hyderabad as a top real estate market in the country. With its increasing developments in the residential and commercial […]

Lottery results for 4,275 MHADA homes in MMR

  MHADA, the apex public body constituted under the MHADA Act, was established in 1977 under the Housing Department Government of Maharashtra with a comprehensive approach to housing problem in the state. Every year, MHADA conducts a lottery under Konkan Housing and Area Development Board. The result for the most recent lottery will be declared […]

Thane Municipal Corporation mulling over 10% hike in property tax

  While presenting the annual budget of the civic body to the Standing Committee, The Municipal commissioner of Thane Sanjeev Jaiswal has proposed a hike of 10% in property taxes, both residential and commercial. The Rs 2549.82 crore budget for 2016-17 already includes Rs 230.10 crore surplus carried forward from the previous year.  Jaiswal said […]