MMRDA Opens Bidding for Seven BKC Plots Valued at Nearly Rs 6,000 Crore
The Mumbai Metropolitan Region Development Authority (MMRDA) has announced the opening of bids for leasing seven plots in the G block of Bandra Kurla Complex (BKC), a prominent commercial area in Mumbai. The total reserve price for these plots is set at Rs 5,946.09 crore. The auctioned plots will feature a four-floor space index (FSI). […]
Maharashtra Boosts Development Around Mumbai Airport with TDR Incentives
The Maharashtra state government has introduced Transfer of Development Rights (TDR) incentives to speed up development around Mumbai’s Chhatrapati Shivaji Maharaj International Airport. This strategic initiative aims to encourage infrastructure growth and urban planning in the airport’s vicinity, promoting sustainable development and better connectivity. The TDR incentives allow developers to gain additional construction rights in […]
CIDCO Launches Major Sale of 48 Plots for Various Uses
The City and Industrial Development Corporation (CIDCO) has unveiled a significant scheme for the sale of 48 plots across Navi Mumbai, designated for residential, bungalow, residential-cum-commercial, commercial, service industry, and star hotel purposes. Additionally, 218 shops in various CIDCO housing complexes will also be available for purchase. Online registration for the plot sale began on […]
Mumbai’s western suburbs records 55% of the new launches in Apr-Jun 2023
The Mumbai residential market has maintained its growth momentum in the first half of the year 2023 with Western suburbs leading the sales chart with more than half of the property registrations in the year 2023 so far. It remained the most preferred choice for homebuyers for many reasons and the data released by various […]