Holistic approach to facilitate Navi Mumbai’s development In a move to streamline the processes of the real estate segment in Navi Mumbai, the Government of Maharashtra has formed an expert four-member committee. This committee will comprise the former Chief Secretary, Principal Secretary, UD-II, Joint Managing Director, CIDCO and representatives of
Apart from rising input costs, he said a strong revival in demand after the second wave of the COVID pandemic has put an upward pressure on prices Average housing prices appreciated nearly 5 percent across eight major cities in the first nine months of this year on account of a
The approval to raise loans will help MSRDC complete the land acquisition process of these projects The Maharashtra Cabinet gave approval to the Maharashtra State Road Development Corporation (MSRDC) to raise a loan of Rs 35,629 crore to acquire land for three major road infrastructure projects in the state. The
The authorities are planning to remodel the station through the Engineering, Procurement and Construction finance model Over nine infrastructure companies participated in Rail Land Development Authority (RLDA) pre-bid meeting held on Thursday to redevelop the iconic Chhatrapati Shivaji Maharaj Terminus. The companies that participated included Larsen & Toubro, Tata Projects,
The City and Industrial Development Corporation Limited (CIDCO) has been constructing a large number of houses for economically weaker sections (EWS) and low-income groups (LIG) for which the construction is underway in various nodes including in Taloja A report prepared by the Builders Association of Navi Mumbai (BANM) regarding the
Not opposed to reviews by authorities but unnecessary delays, they say as civic body revokes its stop-work notice; SBUT welcomes move A delay of a little over 2 months may seem like a minor blip in a mega project like the Bhendi Bazaar cluster redevelopment, but it has filled thousand
In the last one and a half months, since the plan was floated for proposals, a total of eight companies had shown interest in taking up the project Dharavi Redevelopment Project has made a crucial headway with the Maharashtra government’s Slum Rehabilitation Authority receiving three bids from real estate players
Complainants to get Rs 16 lakh for Rs 3 lakh invested besides Rs 2.25 lakh The State Consumer Disputes Redressal Commission (SCDRC) directed a developer to give a proportionate market price to two complainants for flats each booked. In 2009, the complainants each paid Rs 3 lakhs for an Rs
A Supreme Court bench said that only “the existing physical qualities and state of the land and building” can be considered to determine ‘capital value’, not “the prospects of the land” The Supreme Court decision on Monday to uphold an April 2019 Bombay High Court order invalidating three standards to
The flyover will cut down travel time between Thane–Kalyan–Dombivali–Panvel by up to half an hour After six-and-a-half years of construction duration, the much-awaited Y-Junction flyover connecting Mumbra and Shilphata will be inaugurated on Saturday by Chief Minister Eknath Shinde. The flyover will cut down travel time between Thane–Kalyan–Dombivali–Panvel by up
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.