Latest Realty News

‘Include-affordable-housing,-informal-sectors-in-draft-DP’
Apr 28, 2015
Mumbai: The draft Mumbai development plan should not just be error-free but should also consider other issues, like providing for affordable housing, map slums and rest of the informal sector, experts
Draft-development-plan-revision:-BMC-gets-50,000-suggestions-and-objections
Apr 25, 2015
MUMBAI: Thousands of citizens flooded the civic administration with letters even on the last day of submission for suggestions and objections with regards to the controversial draft Development Plan (DP) 2034
4,000-Cushman-&-Wakefield-unit-launches-during-the-first-quarter-of-2015-in-Mumbai
Apr 24, 2015
MUMBAI: The city witnessed nearly 4,000 unit launches during the first quarter of 2015, registering a decline of 63%, said a Cushman & Wakefield report
Realty-firm-Vijay-Khetan-to-raise-Rs-1,500-crore
Apr 23, 2015
MUMBAI: Vijay Khetan Group plans to raise Rs 1,500 crore from private equity funds and institutional investors
Recast-DP,-get-rid-of-errors-in-4-months,-CM-orders-BMC
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
Gang-of-three-busted-for-Mhada-flat-con
Apr 23, 2015
MUMBAI: The property cell of the city crime branch has arrested a gang of three who used to dupe people by promising homes under the various Mhada schemes
Realty-stocks-gain-as-Maha-govt-scraps-Mumbai-Dvpt-plan
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
Development-plan-marks-Mumbai-cemeteries-for-housing,-road-widening
Apr 18, 2015
MUMBAI: If the omissions and commissions of the city's draft Development Plan (DP) have got the living gnashing their teeth, the dead could be turning in their graves
Maharashtra-government-mulls-reviving-low-price-housing-scheme-of-'95
Apr 17, 2015
Mumbai: The state government has decided to review and revive the Shivshahi Punarvasan Prakalp to redevelop slums by constructing a large number of housing stock in Mumbai
Govt,-realty-players-on-same-page-on-TDR-utilisation-in-Mumbai
Apr 15, 2015
Mumbai: The Maharashtra government and the realty players are on a same page when it comes to the allocation and the utilisation of the Transfer of Development Rights (TDR) in Mumbai and its suburbs
4-lakh-houses-needed-by-2034-but-prices-may-not-fall
Apr 15, 2015
MUMBAI: The draft Development Plan (DP) 2034 expects the city's requirement for four lakh homes to accommodate the increase in population
Mumbai-realty-continues-to-be-lacklustre
Apr 13, 2015
Mumbai: Atul Ahuja, an airline employee, has been searching for an apartment for the last three years
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
Development-Plan-tags-JVPD-as-‘commercial-residential’
Apr 10, 2015
MUMBAI: Residents of the posh Juhu Vile Parle Development (JVPD) scheme, which is home to several Bollywood celebrities, are peeved by the draft Development Plan (DP) 2034
Stamp-duty-on-registrations-to-go-up,-fine-for-delayed-payment-to-double
Apr 10, 2015
MUMBAI: A delay in payment of stamp duty after property registration will now result in the state imposing a fourfold fine on the defaulter
Integrated-town-projects-can-now-get-land-in-90-days
Apr 10, 2015
MUMBAI: The legislative assembly passed a bill that will enable projects like integrated townships to get land ownership and non-agriculture certification in 60-90 days
Crime-branch-to-question-builder-in-extortion-case
Apr 08, 2015
MUMBAI: The city crime branch is gearing up to question a builder from south Mumbai and his son for using underworld connections to settle a property deal at a throwaway price
Mumbai-witnessed-44%-increase-in-transaction-levels
Apr 07, 2015
MUMBAI: A CBRE India Office Market View for Q1 2015 said Mumbai witnessed an increase of 44% in transaction levels in the first quarter of the year.
Govt:-No-worry-for-flat-owners-on-forest-land
Apr 07, 2015
MUMBAI: The state government does not want to let go of private forest land that has not yet been developed
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
Developer-to-pay-Rs-25-lakh-for-not-handing-over-flat
Apr 03, 2015
MUMBAI: Over a decade after a Malad resident was cheated of a 620 sq ft flat booked in Marol, the state consumer commission has directed the builder to pay him a compensation of Rs 25.25 lakh
Residents-vow-to-fight-for-heritage-in-Development-Plan
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
Maharashtra-Government-to-Build-11-Lakh-Houses-in-Mumbai
Mar 31, 2015
MUMBAI: Maharashtra government will construct 11 lakh houses in Mumbai and about seven lakh in the Mumbai Metropolitan Region (MMR)
Piramal-Fund-Management-sanctions-INR-1,200Cr-to-Omkar-Realtors-for-Omkar-1973-Worli
Mar 30, 2015
Mumbai: Piramal Fund Management (“PFM”) has committed INR 1,200cr to Omkar Group’s luxury residential development in Worli, Mumbai
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

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