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Latest News Archive

By the end of Jan 2015 LEDs will light up the Marine Drive

Soon you will experience the pleasant look in Queen’s Necklace while driving in night because this place will be brightly lit up by LED’s by the end of this month. State government has been decided to implement the LEDs in place of streetlights. The same will be implemented in the other parts of city and […]

Staff of ING Vysya bank concerned over merger with Kotak Mahindra bank

On January 3, 2015 all the employees and officers of ING Vysya Bank expressed their concerns over the issue of merger with concerns, as we all know that from April 1, 2015 ING Vysya Bank is going to merge with Kotak Mahindra Bank. According to management of Kotak Mahindra Bank, “The employees of ING Vysya […]

Maharashtra government is ready give TDR to Centre government for Indu Mills memorial

The state government of Maharashtra is planning to grant heritage TDR (transfer of development rights) to the Government of India, for permitting the use of Indu Mills to build a memorial for Dr B R Ambedkar. The Indu Mills is spread on an area of 12.5 acres in Dadar, which is owned by the NTC […]

Now builder have to use the certified equipment

Recently, the legal metrology department (LMD) has directed to all real estate developers and builder to use the certified equipment across to ensure the quality in all buildings residential and commercial as well. Sanjay Pande, the controller and special inspector general of LMD met the representatives of the MCHI (Maharashtra Chamber of Housing Industry) on […]

Golden opportunity for land owners because Flipkart and Amazon is planning to build warehouses

As we all know that e-commerce industry is changing the way of traditional shopping and helping the Indian economy to grow. Online shopping has given a fresh lease of  life to hundreds of land owners because leading e-commerce companies are planning to buy the land to build their own warehouses. But earlier it was not […]

Land deal of Navi Mumbai airport may complete by January 15

Maharashtra Government may complete the land deal of Navi Mumbai Airport by January 15, 2015. As we all know that land acquisition deal of Navi Mumbai International Airport is much awaited, but now it is ready to takeoff in 2015. The long awaited Navi Mumbai International Airport deal is finally ready for takeoff and it […]

LBS road thru Nahur sees the rise of affordable luxury housing

Nahur which is situated in the north-eastern part of Mumbai is a suburban hotspot located at the end of the Greater Mumbai region.  In line with the real estate activity across Mumbai, the western counterpart mainly along the LBS Marg is witnessing far greater activity in comparison to the eastern side. In Nahur, the central […]

Affordable homes the best investment option

In present location issue is keeping the buyers away; but better ROI, an incentive, benefits of tax breaks are still attracting the investors as well as end users towards the real estate market. In India, affordable segment are finding buyers but most are investors not those who are planning to stay in those homes because […]

Affordable housing policy in Mumbai tweaked to boost builders

After facing a lot of opposition from real estate developers, the state government is implemented the affordable housing policy in city, which stipulated that certain portion of the plots will be kept to build low-cost homes free of cost. This amendment was proposed by the urban development department by stating that real estate builders no […]

MHADA is planning to build 2,000 affordable houses in Mumbai

Soon Maharashtra Housing and Area Development Authority (MHADA) is going to build 2,000 affordable houses in Goregaon of Mumbai and for this MHADA will use nine acres of land, located in front of HyperCITY. It can be the exiting opportunity for new buyers or investors because now they can own the home in city in […]