Property Ventures (India) has sold an Information Technology (IT) park and the almost 2-acre plot of land on which it is situated in Malad, a western suburb of Mumbai, to Clear Bridge Ventures, a venture capital and investment organisation, for Rs 3.35 billion. The land parcel on Linking Road and
The Housing Minister of Maharashtra, Mr. Atul Save, made a noteworthy announcement for the housing sector when he alluded to potential future reductions in stamp duty and registration fees for real estate developers. During the opening of ‘The Real Estate Forum 2024’ in Mumbai, Mr. Save stated that the state
The transfer of 256 acres of Mumbai salt pan land to the state government was approved by the Union cabinet on Monday, clearing the way for the Dharavi Redevelopment project to be implemented as soon as possible. The transfer of 283 acres was requested by the Shinde government in response
In the Chembur neighborhood of Mumbai on Sunday, a car carrying three people overturned and collided with a stalled water tanker, resulting in at least three fatalities and numerous injuries, according to police. According to an official, the four-wheeler driver lost control of the vehicle in the afternoon, leading it
The chimney’s location to be rebuilt into a G+2 retail building, and a staircase is intended to be built there. As construction continues, the massive McDonald’s that was formerly located close to the chimney has already closed. The city has a rich history in addition to being well-known for its
The Maharashtra government is now conducting an informal tenant survey in Mumbai, the largest slum in Asia. A number of non-governmental organizations (NGOs) who operate in Dharavi have expressed their support for this initiative. According to letters these organizations sent to state government officials, they have also charged non-local organizations
To address the problems with air pollution, noise pollution, and blasting brought on by the current construction and redevelopment projects in the city, NMMC has released a Standard Operating Procedure (SOP). The circular, which can be found on the NMMC website at www.nmmc.gov.in, was created in response to complaints that
In a letter to the Additional Director (Western Region) of the Enforcement Directorate (ED), Swapna Patkar, a witness in the money-laundering case involving Goregaon’s Patra Chawl, claims she was threatened with death and subjected to sexual assault “for changing the statements given during the investigation of the case.” Patkar added
A large number of inhabitants of MHADA have threatened to abstain from the next Vidhan Sabha elections in protest of their unmet demand for the reconstruction of 388 reconstructed tenements. Residents of Azad Maidan in Mumbai are planning to boycott the elections with banners reading “No House No Vote” at
The Mumbai Board Lottery 2024 of the Maharashtra Housing and Area Development Authority (MHADA) has announced a price decrease of 10–25% on 370 houses. The 370 flats, which were purchased through renovation initiatives funded by DCRs 33(5), 33(7), and 58, are now offered at drastically lower costs. A 25% decrease
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