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14 Major Breakthroughs in Mumbai in 2014

The Mumbai Metropolitan Region (MMR) witnessed quite a few breakthroughs this year. The Mumbai Monorail and the Mumbai metro are only a couple of these breakthroughs, which already showed their effect on the Mumbai real estate. Following are some of the major breakthroughs the city witnessed this year. 1) The much awaited Mumbai monorail between […]

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arvind

What You Need To Know About High-Rise Buildings

A high-rise is a tall or multi-storied building equipped with elevators, but various bodies have defined the term ‘high-rise differently. For instance, the International Conference on Fire Safety in High-Rise Buildings pessimistically defined a high-rise as a structure where height can seriously impact evacuation, while the Shorter Oxford English Dictionary merely refers to high-rises as […]

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Gujarat Govt Passes Key Town Planning Amendment Bill

The Gujarat state assembly passed a key amendment bill on June 30 this year. The bill is Gujarat Town Planning and Urban Development (Amendment) Bill-2014, in which the amendments were made in section 5 of the 1976 act. The amendments in the bill are focused towards more planned development of cities in Gujarat. Amendments to […]

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Maharashtra Government to Increase FSI for Cluster Redevelopment

In order to boost cluster redevelopment in Mumbai, especially in the island city, the Maharashtra government is planning to provide higher floor space index (FSI). Despite its introduction five years ago, the redevelopment model hasn’t received much favourable response from developers. The new FSI, along with the new proposed cluster redevelopment policy are expected to […]

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Maharashtra to get country’s first Housing Regulation Act

Apna Ghar is a dream nurtured by almost every individual. However, despite investing a lion’s share of one’s lifetime savings, denizens are not able to cherish this dream due to unending delays, lack of clearances, and the list goes on. Imagine a scenario where details pertaining to the property title, layout or completion plan is […]

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