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Real Estate Forum on Real Estate Development In Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: As per the current report, Thane-Belapur Road of Mumbai may be the new International Business and Finance Centre of Mumbai.
Latest Answer: Hey everybody, There was an earlier plan to develop Wadala and it's surrounding eastern suburbs as the new financial district. Do you think that it was a more workable idea than Thane-Belapur Road?
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Q: Attention citizen !!!!! Maharashtra Government has made it compulsory for citizens to get a no objection certificate from a special committee to construct anything within 500 meter radius of a prison.
Latest Answer: as said, any new redevelopment of building is proposed in the 500m radius of prison then what guidelines as an architect do we have to follow? there are some approval members in planning committee says to have a blank wall all throughout. which is not possible in the city like mumbai and specially in a redevelopment building in a place like chorbazar. kindly let me know if there are any such rules that an architect or a developer will have to adhere to.
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Q: Is it right that Corporatisation of ports will offer immense elasticity in terms of fund-raising and expansion???
Latest Answer: Right Bikram, Roti, Kapda and Makan are the three basic needs of the people moves to Mumbai. You provide them Makan, they will arrange the rest of the two. He may not have resources to invest in property and he is not sure about how long he is going to stay in the city.
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Q: Union Minister Nitin Gadkari said that the government is working on an ambitious plan to build one smart city each at the country's 12 major ports, at an estimated total investment of Rs 50000 crore.

Latest Answer: To get the reasonable result, govt. should support those cities or state first. "Jyada Khakar Bimar Hone se Achcha Hai ki Kum Khakar Healthy Rahe"......... Government grants will be leveraged to attract funding from internal and external sources but unless there is a possible business model or guarantee from the centre, this would not be easy. Also, the track record of Public Private Partnership (PPP) projects is at best mixed and when there would be multiple parties involved like the center, states, local bodies and private entities, the task would be even more challenging.
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