Latest Realty News

May 30, 2015
MUMBAI: Chief minister Devendra Fadnavis has ushered in 'achhe din' for several developers building luxury residential tower
May 28, 2015
MUMBAI: Construction industry to submit building proposals online, but there are glitches in the software
May 27, 2015
MUMBAI: The BMC had passed the property tax proposal in which Mumbaikars would have to pay 14.52% additional property tax
May 05, 2015
MUMBAI: The BJP-controlled state urban development department (UDD) is set to favour some builders
Apr 23, 2015
MUMBAI: Mumbai's controversial draft Development Plan (DP) 2034, sharply criticized by citizens, activists and political parties for its overall thrust and its numerous glaring errors, will be revised
Apr 21, 2015
Mumbai: Maharashtra Government has scrapped the controversial Mumbai Development Plan 2015-2034 and directed BMC to submit reworked Mumbai Development Plan in four months
Apr 02, 2015
MUMBAI: Residents decided to put up a fight after learning of the omission of heritage structures in the draft Development Plan 2014-2034
Mar 25, 2015
MUMBAI: Most of the city's over 56,000 structures can be regularized or compounded by offering concessions or recovering additional fees
Mar 21, 2015
MUMBAI: A fresh proposal by leader of the house Trishna Vishwasrao (Shiv Sena) at the civic general body meeting on Friday that properties below 500 sq ft be excluded from the capital value-based property tax system
Mar 19, 2015
MUMBAI: Citizens will have to pay around 27% more as property tax if a civic proposal for calculation of property tax in the city is not approved by March 20
Feb 19, 2015
MUMBAI: Construction work on new projects is unlikely to be taken up for at least a year as builders will await Development Plan 2034
Feb 18, 2015
MUMBAI: The city's vertical development means problems in infrastructure and basic amenities, this is what experts feels
Feb 14, 2015
MUMBAI: The proposed development plan for the next 20 years will not only cover reservations for amenity plots in the city but also touch on factors like affordable housing
Jan 24, 2015
MUMBAI: Over 200 families from a housing society in Khar are a worried lot
Don’t let BMC alter status of reserved land: Bandra MLA
Jan 09, 2015
MUMBAI: BJP city unit chief Ashish Shelar wants CM Devendra Fadnavis to stop the civic body from accepting purchase notices for reserved Development Plan (DP) plots
Flat space cheating complaint to legal metrology department, 2,000 petitioners to BMC can go there
Jan 02, 2015
MUMBAI: The resident of a Mulund housing society filed complaint with the legal metrology department against cheating on floor space by a builder
Activists slam BMC nod for highrises on narrower roads, warn of fire hazards
Dec 27, 2014
MUMBAI: BMC will allow 25-storey buildings on plots that can be accessed by two six-metre wide roads to facilitate movement of fire engines
BMC plans more dry waste collection vehicles
Dec 15, 2014
MUMBAI: The BMC is planning to increase the number of dry waste vehicles used to collect dry waste from housing societies in the city
Mumbai’s development plan delayed by 2 more years
Dec 12, 2014
MUMBAI: Mumbai's new Development Plan will be delayed by two more years. The draft DP was to be presented by April 2015, but it has been now pushed to 2017
Builders slam BMC’s diktat on sale of flats on basis of food, other preferences
Nov 29, 2014
MUMBAI: Builders slam BMC's general body resolution, seeking to stall construction permissions if any builder sells flats on grounds of caste, religion or food preferences
Late delivery, errant builders leave buyers flat-broke in Mumbai
Oct 06, 2014
In central Mumbai, buyers who booked flats worth Rs 20-50 crore are still waiting for their homes because the project is stuck in litigation for the past three years
HC: Tenancy row cannot halt razing of shaky buildings
Sep 19, 2014
A tenancy dispute cannot be a reason to halt the demolition of a dangerously dilapidated building, the Bombay high court has ruled
Tenants move high court, seek denial of occupancy certificate for their rehab building
Sep 07, 2014
n a unique battle, tenants of a large plot in Tardeo have come to the Bombay high court to intervene and oppose a developer's demand for an occupancy certificate (OC) for their own rehabilitation building
130% increase in cost of new development plan for Mumbai, thanks to delays
Sep 06, 2014
An over 130% cost escalation for the preparation of the new development plan (DP) for the city was disclosed on Friday, with the burden on the exchequer rising to Rs 12.83 crore from Rs 5.48 crore
BMC cracks down on redevelopment project delays
Oct 17, 2012
MUMBAI: Continuing its crackdown on sloppy work, the BMC has outlined a policy limiting the maximum redevelopment project time for its properties to four years and slapping penalties on developers unable to meet deadlines. In a circular on Monday, the estates department listed out seven steps to be taken against developers if they slip up, including cancellation of proposals for delays in the

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