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Property in Mumbai

The Maharashtra Rent Control Act 1999- An Analysis

The Maharashtra Rent Control Bill 1999 passed with amendments by both the Legislative Assembly and Legislative Council, aimed to unify the three different Rent Control Laws, in operation in the State of Maharashtra. The new Act called the Maharashtra Rent Control Act 1999 brought about several changes in the Bombay Rent Control Act. This Act […]

nikunj.j

Maharashtra government to reconsider proposed TDR policy

The Maharashtra state government has decided to put the proposed uniform Transfer of Development Right (TDR) policy draft on hold and will issue a revised one shortly. Housing minister Prakash Mehta has said that the government will re-look the draft of the revised TDR policy. The proposed TDR policy had unnerved Mumbai’s builders because it […]

nikunj.j

MMR gets new traffic decongestion plan

The Mumbai Metropolitan Region Development Authority (MMRDA) has approved construction of six flyovers and an underpass in the Mumbai Metropolitan Region (MMR) to decongest traffic in the city. While the Santacruz Chembur Link Road (SCLR) and Eastern Freeway have provided another East-West link in the city, partially decongesting the Sion-Dharavi link road, there are several […]

nikunj.j

Demand for Housing Continues to Grow in Mumbai

Mumbai is currently considered the most expensive cities in India and in the world when it comes to residential real estate. One may hardly find affordable houses within suburban Mumbai. The prices in surrounding regions of Navi Mumbai and Thane too have started going beyond the affordable range. However, while the number of sales have […]

karthik.k

Bangalore sees high demand for 1BHK

Following the trend of Mumbai, Bangalore realty market is slowly witnessing a spurt in demand for 1BHK apartments over the last few years. The 1BHK units or studio apartments, as they are popularly referred, comprise of a living room, dining area with a small kitchenette and a bathroom.  With significant number of young professionals working […]

Sayan Acharjee

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