The Ghatkopar police have filed charges against Devang, Jaysinh, Maulik, and Nitin Punjala Dave, designated partners of Punjalal G Dave Realtors LLP, for allegedly defrauding a senior citizen of Rs 3.91 crores. The complainant, Sanjay Dhawan (63), a resident of Vidyavihar, reported to the police that his late father, Janakraj
With the purpose to boost development of remaining plots in the E and G blocks, the Mumbai Metropolitan Region Development Authority (MMRDA) has offered a special promotional rate for additional built-up area (BUA) at the International Finance and Business Centre (IFBC) in Bandra Kurla Complex (BKC). The subsidised rates by
The Mumbai Metropolitan Region Development Authority (MMRDA) has invested Rs 19,141.63 crore so far in developing metro corridors and last-mile connectivity to metro stations. As per the agreement, the Brihanmumbai Municipal Corporation (BMC) is responsible for covering 25% of this cost, which amounts to Rs 4,959 crore, from the 1%
The Mumbai Metropolitan Region Development Authority (MMRDA) and the Brihanmumbai Municipal Corporation (BMC) are in conflict over how to share the costs of the metro rail and various multimodal projects. The MMRDA has invested Rs 19,141.63 crore in developing metro corridors and last-mile connectivity to metro stations in recent years.
Dharavi Redevelopment Project Pvt Ltd (DRPPL), a government-established entity with Adani Realty as the lead developer and supported by the Dharavi Redevelopment Project (DRP) and the Slum Rehabilitation Authority, has requested 1,255 acres from various government agencies to develop rental housing for residents not eligible for free accommodation. “Dharavi currently
The City and Industrial Development Corporation (CIDCO) has approved Town Planning Schemes (TPS) 1 to 12 for the Navi Mumbai Airport Influence Notified Area (NAINA) project and has issued tenders worth Rs 6,414 crore for these schemes. In March 2024, CIDCO floated tenders worth Rs 3,114 crore for TPS 2-7.
Property registrations in the Mumbai real estate market increased by over 19%, reaching 12,160 in July 2024 compared to 10,221 in the same month last year, according to data from the Inspector General of Registration and Controller of Stamps of Maharashtra. In June 2024, there were 11,673 property registrations in
According to a press release from MahaRERA, the new rule mandates that builders must adhere to thmahrera e specified timeline for providing promised amenities, and they will not be allowed to alter this commitment. The statement highlights that builders often entice homebuyers with various facilities and amenities during the inquiry
The Bombay High Court has directed seven members of a housing society to pay a total of Rs 5 lakhs if they do not vacate their flats within two weeks. These members’ refusal to leave their flats in the Taruvel CHSL building in Chakala, Andheri (East), has the potential to
To tackle the heavy traffic congestion on Ghodbunder Road in Thane, the Mumbai Metropolitan Region Development Authority (MMRDA) has issued a tender for a significant road expansion project. This initiative aims to alleviate the chronic gridlock in the area. Earlier this month, during a meeting chaired by Chief Minister Eknath
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