Arif

The Ministry of Environment and Forest checks the required clearance for any construction work in the state.

Recently I heard that a five star hotel at Lower Parel was constructed without the environment clearance.

MHADA is taking care of repairing of all the cessed buildings in Mumbai.

There was a news recently that an apartment collapsed while on repair. Does anyone here know more about this incident?

Hi Arif, the Slum Rehabilitation Authority has the responsibility to monitor the quality of construction for the slums in Mumbai.

Hey Arif, it's because that will add more value to the projects...

The rate of returns has decreased and the projects are also delayed. So the PE firms are not showing interest in investing into real estate projects.

Then what will the builders or developers do for investment?

Hello all.... for coming out from the stagnant situation and to increase the absorption rate, the local builders have started to reduce the cost of the properties.

Have any builder reduced the price of apartments recently?

Hey! Sounds pretty interesting. Well, I suppose that this is scheme is all about securing our neighbors in the society.

Neighbourhood Watch scheme never heard about the concept. Can anyone knowledge me about this?

Acquiring one's land illegally is an offense. They are punishable if the it is proved that the land belongs to someone else. Our government is against to such actions.

Hi guys... I heard that Mukhesh Ambani has also acquired some land. Is it true? If yes then what action will the government take on him?

The current status of real estate in India is very good. Delhi, has been crowned fifth place for its best infrastructure development and sales of properties in India and cities like Mumbai and Delhi are marked as most active Asian apartment markets in India.

Hey Guys!!!! Check this link all information are available about the status of real estate in India, click here to read the news Rankings of real estate in India

Hi Arif, this is really a serious problem. Two deaths were also reported. According to the officials this was due to the corrosion of old pipelines.

Hi Arif, CREDAI has decided to seek details of various approved projects and the amount of revenue earned. In this way it wants to show how much loss has been incurred.

According to sources, the residents are protesting over the setup of pillars of monorail because one of the pillars will work as an obstruction for the water trucks and in case of emergency, it would be difficult to rescue the vehicles.

Just now I read the news in Commonfloor. I am sharing the link with you guys the information provided is very handy and informative. Click here to know more Mumbai residents protest over pillar placement for monorail.

As far as I know the areas in Mumbai and Navi Mumbai that are facing parking space problem are Walkeshwar and Vashi.

I am sharing a link with you guys, You can click the link Mumbai residents not ready with parking penalty to read more about the parking problem in Mumbai.

It is true that Mumbaikar's are facing lot of trouble due to traffic jam in the city. The traffic authorities said that the construction of alternate roads will soon ease traffic problem in the city.

Hello, this situation has arised mainly due to the slow functionality of the government. Lot of upcoming projects are kept on hold as government has not provided necessary clearances so far.

The demand is more for housing since the population is high. This leads to high prices. I came across an article based on this topic. Click here to read.

As the land suitable for residential projects are very less in Mumbai, the cost of residential properties are increasing nowadays.

Yes Mehta and Arif, builders are giving different offers to increase the sales. You can read more in this article in Commonfloor- Pay 30% and own your apartment in Mumbai .

Hey Arif, the state budget can increase the selling of apartments by changing the tax structure for the real estate transaction.

The Chennai corporation is working on the issue. they are also planning to outsource the online approval process for speedy approval of the requests.

I heard that a company named Birds eye system has launched a product this year called as Traffline which is a low-cost, real-time traffic monitoring system that broadcasts live traffic conditions for road commuters.

The only reason is that new launch of projects are limited now a days. Builders are less interested to launch new apartment projects. Hence the demand for apartments are increasing than new opportunities are coming up.

Lot of real estate project are coming up in Mumbai specially in Andheri. Sheth developers are about to launch the biggest project in Andheri.

In Delhi which include Noida, Gurgaon and Faridabad three out of every four projects under construction are running behind schedule. According to real estate experts, home buyers in Dehli are the worst affected home buyers in compare to other metro cities.

Mahindra Lifespace Developers recently launched a residential project in Nagpur. Bloomdale is the name of the newly launched residential project.

Actually the thing is that the Bombay High Court ordered the builder to construction affordable houses for teachers. The initiative was taken by the teacher's union, who wrote a letter to the Chief Minister asking for providing houses for teachers who cannot afford houses in Mumbai.

The high court ordered Hiranandani builder to build affordable flats for the weaker section of the society. The flats were to be of smaller size, to make them affordable.

Yeah it true that Red Book of Valuation Standards Indian edition will be releasing very soon.

In what way the book going to help the real estate industry?

Yes Arif I have visited the exhibition. The property exhibition at Navi Mumbai showcased budget houses, price range from Rs 12 lakh to Rs 25 lakh.

Since nine months BBMP is not cleaning the slit and waste dumped. The residents have written a letter to BBMP in concern with clearing the silt and if the BBMP does not response to the letter the residents are ready to file a complaint against BBMP in court.