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According to BMC rules, residents living in all buildings that are over 30 years old have to carry out a structural audit of the buildings. Those buildings that are found to be in the C1 category and can’t be repaired have to be vacated. MUMBAI: With the monsoon around the

The government has already cancelled letter of intents issued for rehabilitation of 520 slums in Mumbai and will now reallot the same to new developers in a bid to ensure over 40,000 families that are affected due stalled work at these projects get relief through delivery of their homes soon.

Tata Power, NAREDCO collaborate to accelerate the expansion of EV charging infrastructure Around 5,000 electric charging stations will be coming up in the city of Mumbai soon due to joint efforts of the National Real Estate Development Council (NAREDCO) and Tata Power. The initiative was signed in the presence of

  The company, which got listed last year by raising Rs 2,500 crore through its Initial Public Offer (IPO), markets its product under the Lodha brand Realty firm Macrotech Developers is targeting 27 percent growth in its sales bookings during the current fiscal at Rs 11,500 crore on better demand prospects

The State Housing Minister Jitendra Awhad, told FPJ, “Several developers even after demolishing the structure do not carry out redevelopment projects. This needs to be stopped.” The State Housing Minister Jitendra Awhad in a bid to expedite housing redevelopment projects has announced that henceforth developers have to explain why they

In a landmark judgment, MahaRERA court held in case of misrepresentation by a developer in the sales brochure, advertisement buyers can claim a full refund, with interest The MahaRERA in a recent judgment passed allowed a flat buyer to pull back from a project and also directed the developer to

Leaving the update of Metros of Mumbai aside, at this point of time, the WEH is a complete bowl of the mess that needs immediate attention Mumbai has over 42 lakh vehicles running on its road with a density of 2100 vehicles per kilometer of stretch. One of the badly

Every year just ahead of monsoon, the civic body releases a list of dilapidated buildings, out of which the buildings that are unfit for habitation are categorised as C-1 structures Ahead of monsoon this year, the Brihanmumbai Municipal Corporation (BMC) has categorised 337 residential buildings in Mumbai as dangerous. Every

The real estate sector has attracted investments worth $943 million during the quarter led by the office segment and a comeback of retail real estate, showed a JLL India report. The waning of uncertainty due to pandemic resurgence led to a pick-up in investment momentum during the first quarter of

On an average, there was a 9.26 percent to 10.44 percent increase in construction costs for Grade A warehousing and 7.72 percent and 8.68 percent for general manufacturing in the last two years Mumbai and Kolkata saw the highest construction costs at Rs 2,115 per sq.ft. for grade-A warehousing space