March 2023

Cidco Lottery 2023: Affordable homes in Navi Mumbai! Register with Cidco now.

Having a home that belongs to us is everyone's dream. If you are thinking of buying your own home this year and want to do it within a limited budget, then there is good news for you. CIDCO (City and Industrial Development Corporation) is preparing to give a special gift of homes (CIDCO Lottery 2023) this year. The desire of those who dream of owning a home in Navi Mumbai and those who strive for their...

Important news for Mumbaikars! The Colaba-Bandra-SEEPZ Metro will start this month; it will halt at this railway station, see…

A great news is coming for Mumbaikars. It seems that the metro network is rapidly expanding in the capital city of Mumbai. The Mumbai Metro Rail Corporation Limited is taking up the task of strengthening the city's transportation system through the metro route. Efforts are being made to complete the work quickly. The government has also given notice to the corporation to complete various metro projects on...

Good news for Mumbaikars! The railway will run from Chhatrapati Shivaji Maharaj Terminus to Uran station on this day.

Currently, Indian Railways is undertaking various projects to expand its network of railway lines. Particularly, efforts are being made to expand the railways rapidly after the entry of Vande Bharat Express in the country. Now, the expansion of Vande Bharat Express is also in progress. Plans to introduce Vande Bharat Sleeper Coach, Vande Bharat Metro, and Vande Bharat Local Train have also been...

Government 6 Infrastructure Projects in Mumbai

Following are the top 6 upcoming infrastructure developments that home buyers should look out for while investing in a property- 1- Mumbai Metro The Mumbai metro is designed to alleviate traffic jams and augment the city's congested train network. When finished, the Mumbai-metro will feature 14 metro lines spanning 350 kilometers. It will significantly improve connectivity and infrastructure....

MahaRera Probe Finds 1,781 Bank Accounts Linked To Multiple Projects, Issues Notices

The Real Estate (Regulation & Development) Act, 2016, Makes It Mandatory to Have a Single Bank Account for The Project Under One Registration Number. This Is Aimed at Proper Completion of the Registered Housing Projects Without Any Diversion of Funds. 1,781 Projects Have Violated The Rules By Linking Their Bank Accounts To More Than One Project.An Investigation Undertaken By The Maharashtra Real...

Mumbai Not For Developers; SRA Intended For Public Welfare: Bombay HC

Afcons Developers Ltd And Ameya Housing Private Ltd Were Appointed As Co-Developers Of The Slum Rehabilitation Project At Jogeshwari In Suburban Mumbai. MUMBAI: This City Is Not For Developers, And The Slum Rehabilitation Act (SRA) Is Intended To Serve The Purpose Of Public Welfare And Not The Developers, The Bombay High Court Said, Directing Two Developers To Pay Transit Arrears Of Rs. 11 Crore To...

Property Prices In 50 Cities Increase By 7.1% Year-On-Year In Q3 FY23: NHB Residex

All The Eight Major Metros Of The Country Viz., Ahmedabad (14.4%), Bengaluru (8.0%), Chennai (8.7%), Delhi (1.8%), Hyderabad (10.2%), Kolkata (7.4%), Mumbai (4.4%) & Pune (7.2%) Recorded Increase In The Index On An Annual Basis. Mumbai : Residential Property Prices In 50 Cities Recorded An Increase Of 7.1 Per Cent Year-On-Year During The Quarter Ended December 31, 2022 As Compared With 4.5 Per...

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