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Mumbai

Tata Housing to invest Rs 1,500 cr in Mumbai and Kolkata realty projects

Tata Housing to invest Rs 1,500 cr in Mumbai and Kolkata realty projects
Tata Housing Development Company Ltd., one of India’s leading Real Estate Developers, to develop two new residential projects in Mumbai and Kolkata. Tata Housing will invest Rs 600 crore to develop about 700 units in a luxury housing project at Mumbai and Rs 800-900 crore in Kolkata to construct about 2,500 units in various phases. [...] Continue Reading »

Jaycee Homes pre-launches Savannah at Kanjurmarg

Jaycee Homes pre-launches Savannah at Kanjurmarg
Jaycee Homes, developers with a reputation of quality construction of residential complexes since 49 years, has announced the pre launch of Savannah, a 40 floor storey of 1 & 2 BHK, affordable luxury flats in the new extension of Powai –‘Kanjurmarg East’. Savannah has been designed to give families, a great lifestyle along with luxury amenities. [...] Continue Reading »

Mumbai Docklands to be Redeveloped for a Waterfront

Mumbai Docklands to be Redeveloped for a Waterfront
The government is planning a redevelopment of Mumbai’s most derelict docklands. It is predicted that if the government panel can have its way, it enable them to create a waterfront which the city people can visit to lift their spirits and the rich can go to play. Mumbai is the second most densely populated city [...] Continue Reading »

Mumbai’s Commercial Location in Great Demand

Mumbai’s Commercial Location in Great Demand
The prices of commercial properties continue to rise indefinitely in Mumbai and in spite of this upswing mode, developers find sales and can easily get returns of 15-20% over a certain period of time. Being the financial capital of India, commercial property prices in Mumbai are at an all-time high and also rise with each [...] Continue Reading »

Two leading real-estate developers come together in a joint venture

Two leading real-estate developers come together in a joint venture
The real-estate developers Omkar Realtors & Developers and V Raheja Group have come together in a joint venture in order to construct a luxury residential project on a stretch of 7.5-acre land parcel in the city of Mumbai. The V Raheja Group, who owns the plot that is located on the Western Express Highway at [...] Continue Reading »

Mumbai: Toll tax at all five entry-exit points to be hiked from Oct 2

Mumbai: Toll tax at all five entry-exit points to be hiked from Oct 2
With effect from October 2, 2014, the toll tax at all five entry-exit points of Mumbai will be hiked by up to nearly 20 percent. The move will likely harm the Congress and the NCP in the assembly polls. With regard to the imminent increase in toll rates, officials have revealed that the revised toll [...] Continue Reading »

Mumbai to be Shangai’s sister city

Mumbai to be Shangai’s sister city
Mumbai will be sister city to China’s Shanghai according to a bilateral agreement that has been signed on Thursday between Mumbai mayor and her counterpart in Shanghai. Experts said that while this is a positive announcement for Mumbai but most important is that in realty the infrastructure change is made as per Sanghai standards and [...] Continue Reading »

Kalyan-Dombivli witnessing surge in development of new projects

Kalyan-Dombivli witnessing surge in development of new projects
Kalyan-Dombivli, in the outskirts of Mumbai, comes under Kalyan-Dombivli Municipal Corporation (KDMC) and forms a part of Mumbai Metropolitan Region (MMR). The area’s realty market is witnessing boom mainly because of the increasing property values in other suburbs. Another reason quoted for the growth is the increasing demand for affordable housing in Mumbai.   According [...] Continue Reading »

Rent hike is becoming a major problem

Rent hike is becoming a major problem
G Anand, a resident of Andheri, in Mumbai, recently found himself in the unenviable position of having to shift out of his rented house. Other than the expenses involved in finding a new house, packing and transporting his possessions, Anand was worried about the broker’s fee that he would have to incur, which is generally [...] Continue Reading »

Mumbai airport construction needs slum dwellers to be relocated

Mumbai airport construction needs slum dwellers to be relocated
With the current proposals on slum rehabilitation around the Mumbai airport going nowhere, the civil aviation ministry is proposing a plan to relocate slum dwellers around the airport on the land to be freed, post the removal of slums. According to the civil aviation ministry plan, which has the approval of civil aviation minister Ashok [...] Continue Reading »



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