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real estate trend in Mumbai

ashu

Why Mumbai’s DP 2034 Was Scrapped – And What Next?

To say the least, Mumbai’s draft DP 2034 had some major drawbacks, particularly concerning the mapping of existing land use and proposals related to densification, infrastructure, and open spaces. The approach of this DP was to guide development with differential FSI as an instrument with densification of transit oriented corridors. This concept is acceptable; however, […]

nikunj.j

Mumbai: All you need to know about Sale Agreement!

Agreement for Sale is the central document governing the sale of property. It contains the agreed upon terms & conditions between seller and buyer for the sale of property and is legally binding on both the parties. The buyer is referred to as the purchaser and the developer is referred to as the promoters in […]

nikunj.j

Andheri East- A Good Destination for Property Purchase and Rent

Andheri was once just a normal western suburb. But with time, the region is touted to be one of the most sought-after western suburb for rent and purchase in Mumbai. The region is divided into western and eastern zones similar to other suburbs in the city. Of late, Andheri East has gained immense popularity, similar […]

karthik.k

BMC proposes 14 per cent property tax hike

Mumbaikars should prepare themselves to pay higher property tax bills from April 1, 2015. The Brihanmumbai Municipal Corporation (BMC) has proposed to increase the property tax by up to around 14 per cent and this hike has been planned in the revised property tax rules that will be adopted by the BMC till 2019. The […]

nikunj.j

Maharashtra’s Plan to Regularise Unauthorised Constructions May Provide Relief

One of the major problems that the country’s financial capital, Mumbai, faces is that of illegal constructions. There is always a constant battle of sorts between the builders, residents and the Brihanmumbai Municipal Corporation (BMC), the civic body of Mumbai. While builders are known to continuously flout building norms, BMC is on a constant spree […]

karthik.k

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