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 […]
MMRDA Archive
November 4, 2015 6:00 pm
To fund infrastructure projects, MMRDA puts 34,000 sq mtrs land on auction at BKC block
The MMRDA (Mumbai Metropolitan Region Development Authority) is all set to process the auction of land in BKC (Bandra-Kurla Complex) with an aim to fund its some of infrastructure projects. In past MMRDA has funded many infrastructure projects by selling different land parcels, but after 2007 its fist time when MMRDA decided to invite bids […]
October 25, 2015 10:00 am
Ghodbunder Road – upcoming destination for affordable premium homes
From a small suburban town on the outskirts of Mumbai to a self-sustaining metropolis, Thane has progressed leaps and bounds over the last decade. It is a modern city with expansive flyovers, seamless highways and broad roads that contribute to its burgeoning social infrastructure. With a property price boom that was seen in areas in […]
October 22, 2015 10:00 am
Mumbai Metro – lifeline for real estate?
Phase 1 of the Mumbai Metro which runs from Ghatkopar to Andheri has resulted in a substantial improvement in the realty development along the metro route and areas close to metro stations due to east-west connectivity within the city saving office goers precious time of commuting to-fro work. As there was no direct link earlier, […]
September 13, 2015 10:00 am
Reliance Industries Liable to Pay Rs. 341cr to MMRDA
As per the response to an RTI query, Mumbai Metropolitan Region Development Authority (MMRDA) would levy additional premium charges on Reliance Industries Ltd. (RIL) a company led by Mukesh Ambani for delay in development of a joint property in the posh BKC area. The amount of penalty would be Rs.341 crore for failing to develop […]
May 5, 2015 3:40 pm
Top most real estate developer of Kalyan moved to Bombay High Court
A one of the Top most Real Estate Developer from Kalyan, Mumbai where construction is on its boom in recent years, has moved to Bombay High Court to get the permission to continue with few of the new residential and commercial projects . In present, Bombay HC has put the stay on all the […]
January 9, 2015 4:38 am
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 […]
December 24, 2014 3:41 am
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 […]
November 6, 2014 12:15 am
Ready apartments lure buyers to Ghodbunder road in Thane
Thane Ghodbunder Road residential area comes as welcome news for the flat buyers who feel that realty in Mumbai is overly priced. In near future, Ghodbunder Road is going to rival Andheri, Powai and Goregaon as far as the real estate is concerned given that Wadala-Ghodbunder road metro connectivity is going to be stretched all […]
October 22, 2014 12:30 am
Why eastern Mumbai suburbs have burgeoning real estate potential?
Eastern Mumbai suburbs are among of the fastest growing residential centres in Mumbai metropolitan region. This area is advantageously located in proximity to other industrial sub-markets such as Bhiwandi, Badlapur, and Dombivli-Kalyan. Situated in Mumbai Metropolitan Region, these eastern suburbs have attracted a lot of heavy investments from established builders and developers. The Mumbai Metropolitan […]
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