This is happy news for commuters traveling from CSMT to Karjat; now reaching home sooner is easier. See news about your work. Mumbai Local: You might have noticed a large community traveling by the Mumbai local train for their daily work. This group, undertaking this long journey daily for employment, constantly rushes against time, sprinting for a train. If they miss one, all their calculations go...
Real Estate
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...
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...
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...
As Per the Officials, Promoters of Projects Have Been Issuing Advertisements of the Projects in Newspapers Without Mentioning the MahaRera Registration the MahaRera Registration Number and They Believe That They Have Not Mentioned the Number, As The Projects Are Not Registered with It. MUMBAI: MahaRera Will Initiate SUO Moto Action Against Projects That Are Advertised Without Registering with It. It Has...
When Asked About the Factors Making Projects Unviable, Dutt Pointed Out, "Real Estate Requires a Lot of Capital in India, First of All to Acquire Land. In Major Cities Such As NCR, Mumbai And Bengaluru, It (Land Cost) Is Almost 50 Per Cent To 80-85 Per Cent Of The Project Cost."Mumbai : The Development Of Real Estate Projects In India Is Becoming Unviable Due To High Cost Of Land, Capital And...