Latest Realty News

3-Ghansoli-land-plots-in-Navi-Mumbai-fetch-Rs-221-crore
Aug 07, 2015
NAVI MUMBAI: Three land tender plots of Cidco in prime locality of Ghansoli, sector 8, were on Thursday sold to the highest bidders for rates as high as Rs 1.61 lakh per sq metre, fetching the state agency a total revenue of Rs 221 crore through these sales.
In-developing-nodes'-realty-field-in-Navi-Mumbai,-illegal-constructions-rule-roost
May 16, 2015
NAVI MUMBAI: Development is the need of any city, but with it also comes many challenges
NMMC-to-draft-new-city-development-plan-post-polls
Apr 13, 2015
NAVI MUMBAI: The civic body will appoint an agency to draft a city development plan, as the present area, planned by Cidco, is not enough for the population
Property-rates-rose-by-7%-in-2014,-0.3%-in-2013
Apr 07, 2015
MUMBAI: Residential property prices in Mumbai increased by only 7% last year and a negligible 0.3% in 2013
No-fines,-Navi-Mumbai-hotel-extensions-will-be-razed:-NMMC
Mar 27, 2015
NAVI MUMBAI: The civic body has decided to crack down on hotels which have illegal extensions across the city
NMMC-plans-green-workshop-on-old-building-makeover
Feb 18, 2015
Navi Mumbai: One-day brainstorming workshop on February 24 to discuss how old and dangerous structures can be redeveloped as green buildings
Realty-boom-spawns-rise-in-buyer-builder-problems
Feb 13, 2015
NAVI MUMBAI: The booming real estate business and growing demand for houses and flats has also led to more complaints from home buyers
Airport-lights-up-hope-for-infra-&-realty-growth-in-city,-Raigad
Jan 31, 2015
Navi Mumbai: The new international airport project has mapped out a growth path for the city and the neighbouring district of Raigad
Cidco earmarks over 500 social facility plots
Jan 10, 2015
NAVI MUMBAI: City and Industrial Development Corporation (Cidco) has earmarked over 500 plots for building working women's hostels, day care centres for children, schools, old-age homes and hospitals
Cidco revises land allotment policy for religious trusts
Dec 27, 2014
MUMBAI: City's planning authority Cidco has revised its land allotment policy guidelines for religious and spiritual trusts
Vashi: Builders line up their best deals for home buyers
Dec 12, 2014
Navi Mumbai: 15th edition of BANM exhibition gets underway in Vashi on Friday
Redevelop all unused plots in industrial areas’
Sep 11, 2014
If all goes according to plan, the civic body may soon convert all defunct industrial plots for commercial or residential use
Cidco to transfer 101 plots to NMMC for schools, parking lots, night shelters
Aug 28, 2014
The City and Industrial Development Corporation (Cidco) will transfer 101 plots to Navi Mumbai Municipal Corporation (NMMC) in a phased manner, subject to payments
From joy rides to high-street outlets, Ghansoli’s Central Park to have it all
Aug 19, 2014
The Navi Mumbai Municipal Corporation (NMMC) is set to develop a theme-based Central Park in Savali village, Ghansoli
Property prices likely to increase post elections: Survey
May 19, 2014
MUMBAI: Property prices are likely to increase only after six months when the country will get a new government, a recent survey said here today.
'Political rivalry' blow to Vashi's JN-type buildings' redevelopment plan?
Mar 22, 2014
NAVI MUMBAI: Around 20,000 residents of the dilapidated JN1 and JN2 type buildings in Vashi, built by the City and Industrial Development Corporation (Cidco), have opposed the planning body's move of granting 3 FSI for the structures' redevelopment.
New project to fly over busy junctions on PB corridor
Mar 11, 2014
NAVI MUMBAI: If the one-time planning project takes off after the, city travel will transform into seamless traffic sans signals.
Cidco proposes floor space index of 3 for building redevelopment
Feb 08, 2014
NAVI MUMBAI: In a key development this election year, Cidco has mapped out the need for granting floor space index (FSI) of 3 for redevelopment of old and dilapidated buildings it has developed in its own and the Navi Mumbai Municipal Corporation area.
No change in property tax
Feb 08, 2014
NAVI MUMBAI: The general body approved NMMC's proposal of not hiking property tax for 2014-15. The proposal for retaining last year's rates was the sole agenda discussed in the Friday meeting, as the Nerul cylinder blast dominated the discussion. The remaining proposals were set aside for the next time.
To buy or not to buy in Ulwe
Jan 18, 2014
MUMBAI: Inspite of all the infrastructural delays in Ulwe, there seems to be a golden opportunity in this climate of subdued sentiments. Let me try to substantiate the rationale behind this line of reasoning:
How Mumbai office market will perform in 2014
Jan 02, 2014
MUMBAI: In 2014, the shortage of high-quality office spaces in Mumbai will intensify. However, overall office stock in the city is expected to rise by 7.4% y/y in 2014. The sub-markets which will see highest rise in stock of office space include the West Suburbs, SBD North and East Suburbs (in that order). The CBD, SBD-Central and Thane-Navi Mumbai will witness the least or very moderate growth in stock.
Real estate rides wave of growth in 2013
Dec 15, 2013
NAVI MUMBAI: The city has surged ahead in the race with Thane on the real estate front this year, with 8,845 units being up for sale in the last 12 months as against 5,406 units the previous year. A study done by Cushman and Wakefield (C&W), a global property consultant, revealed these statistics.
New airport: Plan B ready, says Chavan
Nov 16, 2013
MUMBAI: Even as the Prime Minister has given the go ahead for the Navi Mumbai airport in the face of opposition from certain villages, the Maharashtra Government is already working on an alternative plan for a new airport in the city to be built over reclaimed land.
Navi Mumbai airport deal brings Rs 10,000cr land in market
Nov 13, 2013
MUMBAI: The "best" compensation deal ever in the country that was struck by the state government with project-affected persons (PAPs) on Monday to clear the way for the proposed Navi Mumbai airport also brings land worth over Rs 10,000 crore into the real-estate market for development.
29 SEZ developers including TCS, Parsvnath Infra & Unitech Infracon seek more time to implement proj...
Oct 29, 2013
DELHI: As many as 29 special economic zone developers including Tata Consultancy ServicesBSE -0.12 %, Parsvnath Infra and Navi Mumbai SEZ Pvt Ltd have sought more time from the government for implementing their projects. The inter-ministerial Board of Approval (BoA) chaired by Commerce Secretary S R Rao will consider these requests at its meeting on November 8.

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