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Real estate Mumbai

property resales

Properties For Resale Increase By 30%

The number of properties coming for resale in various important metros has increased by 30% according to real estate agents. Most of the properties on resale belong to young and salaried working professionals. The reason for increase in resale can be attributed to the bad economic situation in the country. Reasons for increase in property […]

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Illegal buildings

241 Illegal Structures To Be Razed In Mumbai

Mumbai is set to witness the razing of 241 illegal buildings across 24 wards. These buildings will include both residential as well as commercial buildings. More than half of these buildings are present in five wards. The Brihanmumbai Municipal Corporation (BMC) decided to raze these buildings under sections 351 and 354-A of the MMC (Mumbai […]

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Razing Illegal Structures Leaves Buildings Weak

The Bombay High Court has said that illegal constructions in Mumbai must be demolished. Buildings that have unauthorized floors will also lose these floors. Residents who have bought these illegal buildings are worried. However, there is usually a panic among residents whose homes won’t be touched as well. This is because the entire building may […]

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CM nod for new Parking lots in Mumbai

The pace of real estate growth in Mumbai city is beginning to tell on the market. One of the main issues is the reducing number of avail abilities needed for modern living- primary among them being the lack of parking space. However, with the recent approval of the state government for additional parking lots, Mumbaikars may take […]

Policies to ease buying a house in Mumbai

Mumbai has been the most precious jewel in the crown of real estate industry in India. The financial capital was the first city in India to boast a skyline dotted with skyscrapers. The scarcity of land and the ever increasing population of the island city makes the housing problem always a debated one. High rises: […]

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