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MMR

MMR: Builders Increase Efforts to Revive Tepid Residential Market

Even as the Maximum City gets ready to welcome the monsoon in a few weeks, dark clouds continue to hover over the residential property market. As many as 1.69 lakh housing units are unsold in the Mumbai Metropolitan Region (MMR). Property prices in the MMR have dropped by the maximum among leading metros during the […]

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subhankar

Navi Mumbai: A Success Story Of Sustainable Urbanization

The idea of creating a new city as a counter magnet to Mumbai was originally envisaged in the Regional Plan of Mumbai Metropolitan Region (MMR) in 1965. The actual planning process of this new city began in 1971 after the formation of CIDCO, a Government-owned company for development of cities. The initiative was spearheaded by […]

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Rental Regulations Decoded: MMR vs Delhi vs B’lore

Under the Indian Constitution, provision of housing is a state subject. Thus, the enactment and enforcement of rent control laws is the responsibility of the individual states. The common thread running through almost all Rent Control Acts (RCAs) and legislations is that they are intended to serve two purposes, to protect the tenant from eviction […]

nikunj.j

Apartment Ownership Act: MMR vs NCR vs B’lore

Apartments and high-rises have altered the skyline of most big cities in the country. Formation of apartment association is imperative for most of these communities so as to ensure smooth and proper functioning. Above all, apartment owners or residents need to be aware of all the laws and regulations that govern their future protection of […]

nikunj.j

MMR: Top 5 Markets to Fetch Maximum Rental Returns

Mumbai, the financial capital of India, is one of the most sought after cities for home buying in the country. At the same time, Mumbai also witnesses a significant demand for rentals. Most of the demand comes from migrant population working in some of the Central Business Districts (CBDs) or the population working in nearby […]

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