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Projects in Mumbai

Mumbai’s Coastal Road Project to boost city’s infrastructure

The ambitious coastal road from Mumbai’s Nariman Point to Kandivali in the Western suburbs will soon be reality. The government has granted environment clearance for a 35-km coastal road project to connect north and south Mumbai. The Ministry of Environment and Forests, headed by Prakash Javadekar, has granted clearance to the Rs 8,500- crore project […]

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Metro station

How Will Metro Impact Mumbai’s Realty?

The Mumbai metro finally became operational on 8th June, after eight years of laying the foundation for the alternate mass rapid transit system (MRTS). The metro line that covers 11.4 km will connect the north-eastern and the western suburbs of the city. While there is still a debate between the state government and Mumbai Metro […]

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Is Navi Mumbai The Destination For Real Estate Investment In 2014?

Navi Mumbai will be the destination to look out for in the year 2014, say developers. The Mumbai realty market has remained almost stagnant for about two years. However, while Greater Mumbai (the Island city and suburbs) hasn’t been witnessing much activity, Navi Mumbai is seeing a good real estate activity. The market trends in […]

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Where To Buy Affordable Houses Around Mumbai

Mumbai sees a high demand for affordable housing units within the price range of Rs. 25-30 lakhs. However, due to the skyrocketing property prices in Mumbai, it is difficult for a person to find affordable housing in the country’s financial capital. Yet, there are certain locations in and around Mumbai where one can find affordable […]

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15-25% Open Recreation Space Mandatory: Supreme Court Verdict

The Supreme Court (SC) gave a ruling on Tuesday that it is mandatory for developers in Mumbai to set aside a minimum of 15-25% plot area for open recreational spaces. Several buildings had recently created these recreational spaces at the podium level and added them to the open spaces at ground level to satisfy the […]

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