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MMRDA

Integrated Transport System set to transform Mumbai

Mumbai will be one step closer to becoming a world city as the integrated transport system envisaged for the city becomes a reality. In a recent development, Chief Minister Devendra Fadnavis has told the Mumbai Metropolitan Region Development Authority (MMRDA) to submit a feasibility report within two months on constructing a six-lane elevated rail and […]

nikunj.j

Boost for Affordable Housing in Maharashtra

Affordable Housing in Maharashtra is set to receive a major boost by way of several policy decisions. Firstly, the Maharashtra housing authority is planning to raise Rs 1,000 crore as initial corpus for a development fund to support such projects financially. The fund will be managed by a financial institution with adequate experience in housing […]

nikunj.j

How PMRDA Can Power Up Pune Real Estate

The formation of the Pune Metropolitan Region Development Authority (PMRDA) is a very positive step. This model, which has already worked very well in Mumbai’s MMRDA, has so far not been able to see implementation in Pune despite being tabled several times. Chief Minister Devendra Fadnavis is rightfully determined to see it through and make […]

nikunj.j

MMRDA budget: Infrastructure gets top billing

Infrastructure in Mumbai is likely to get an overhaul as the Mumbai Metropolitan Region Development Authority (MMRDA) approved a budget of Rs 3,832 crore. Major infrastructure projects that will get a boost from the budget include Metro projects, an elevated road at Chembur and several railway works. The budget was approved on Thursday at an […]

nikunj.j

Nalasopara Property Market Promises Good Investment Returns

Nalasopara is a suburb situated close to the Vasai-Virar region of the Mumbai Metropolitan Region. The area is governed by the Vasai-Virar Municipal Corporation. While the area lies a bit distant from the prime areas of suburban Mumbai, the locality is continuously witnessing good growth in terms of property market, thanks to the improving infrastructure. […]

karthik.k

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