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property for sale in mumbai

illegal buildings

Half of the Buildings in Mumbai Lack OC

Almost 50% of buildings in Mumbai that have received an approval for construction are lacking occupation certificate (OC) according to a latest data. The data was obtained using the Right to Information (RTI) Act by activists in Mumbai. According to the data obtained, approximately 13,300 proposals for construction were cleared in the last nine years, […]

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Mumbai house sale registrations

Mumbai Sees Lowest Sales Registrations in 45 Months

Mumbai saw the least property sales registrations this September in the last 45 months since 2010. The total property sales registered from September 2012 till September this year fell by 8.6% on a year-on-year basis, to approximately 4,100 registrations. Year-on-Year growth goes down The Mumbai realty market registered a growth of 11.2% sales from January […]

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Amitabh Bachchan and his cherished real estate possessions

Cine Star Amitabh Bachchan’s bungalow Prateeksha is arguably one of the most famous landmarks in Mumbai city. Located in the Juhu Ville Parle Development (JVPD) scheme, Prateeksha was the first bungalow purchased by the mega star in the city of dreams. Amitabh Bachchan used to live in Prateeksha along with his parents and family but moved […]

FSI For Redevelopment Projects To Be Increased

With plans of increasing redevelopment of old dilapidated buildings in Mumbai, the stakes of redevelopment are high. With increasing stakes, the Maharashtra state government has decided to hike the incentive FSI available for redevelopment projects from 2.5 to 3. With the recent collapses of buildings in Mumbai and Thane, about 5,000 old and dilapidated buildings […]

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Maximum City Mumbai Has Maximum Infrastructure Problems

Mumbai is truly a Maximum City, with over a population of 20 million struggling to grow and succeed. This is a city where poverty, wealth, crime, romance, corruption and beauty co-exist. Life is difficult for many people in Mumbai except for the few who live in the posh Mumbai suburbs or South Mumbai. People who […]

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