Mumbai Suburbs’s Real estate prices may increase by approx 25% in next year due to a hike of Transferable Development Rights (TDR) rates. In the eastern suburb of Mulund, TDR rates have risen from ₹3,500 per square foot 6 months ago, to ₹6,000 per square foot. Likewise, in western suburb
Prabhadevi based project Rustomjee crown phase One, delayed possession to the complainant with every month till the actual date of possession of the flat to the complainant, MahaRERA has directed the promoters of the project to pay interest. The developer guaranteed the hand over of the said flat in December
After being in limbo since 2017, the redevelopment of Topiwala Market in Goregaon West near Goregaon railway station has kicked off with the BMC floating a ₹ 151-crore tender. The ground plus 16 storey building is being designed by architect Shashi Prabhu and Associates. Two contractors have changed hands over the
The Mumbai-Pune Expressway will remain closed for vehicular traffic on May 23, Thursday, from 12 PM to 1 PM, due to installation work of a gantry along the Yashwantrao Chavan Mumbai-Pune Expressway by the Maharashtra State Road Development Corporation (MSRDC). The work is being undertaken as part of the Highway
The government of Maharashtra is looking to address the issue of high premiums levied by the authorities on real estate development projects in Mumbai, the country’s commercial capital. The state’s Housing Minister Atul Save is planning to soon convene a meeting with key stakeholders from the state’s Finance Ministry, Urban
Union Minister Piyush Goyal has promised five development guarantees for the residents of Mumbai North. These guarantees include slum re-development and better living conditions for all, better health and education, development of tourism and culture, better roads and traffic, better rail connectivity (inter-city and intra-city). During his Namo Yatra, Goyal
The Bombay High Court on Thursday ordered the Brihanmumbai Municipal Corporation (BMC) to refund a deposit paid by a city resident for using a public ground, and said he should not have been compelled to move the court over the issue. Common sense dictated that petitioner Pradip Kolhe, a Christian
The Mumbai Metro’s pre-trial phase has progressed to the Dadar station, marking a significant milestone in the city’s metro rail project. This development signals the gradual expansion of metro services and infrastructure across Mumbai. During the pre-trial phase, the Mumbai Metro undergoes rigorous testing and validation processes to ensure its
Homebuyers in the state can look forward to quality construction with MahaRERA floating a draft regulation proposing developers to self-certify the quality of real estate projects, besides providing detailed data on their technical aspects. The draft is available on MahaRERA’s website. It will be open till May 23 for public
In a city where space is at a premium, two vast tracts of land — the 500-acre Dharavi slums and the 225-acre Mahalaxmi Racecourse — have become the battlegrounds for the Bharatiya Janata Party (BJP)-backed Eknath Shinde government (the Mahayuti) and the Opposition alliance, led by Uddhav Thackeray’s Shiv Sena
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.
