Mumbai Debt-ridden national carrier Air India has called for bids to sell the iconic 23-storey — Air India Building — located at Nariman Point in Mumbai. According to a tender document on the airline’s website dated December 7, bids have been invited by December 31, 2018 from state-run companies for the sale of the building […]
Air India calls bids to sell Nariman Point buildingmore
Mumbai The Tata Group has identified property development business as one of its top three focus areas as it looks to become a major player in the country’s burgeoning real estate sector, the top executive said. “We are scaling up the business as we want to be a complete real estate solutions company with presence […]
Realty among top three focus areas for Tata Groupmore
State Housing Board- Mhada’s December 16 lottery for 1,384 flats has been marred with a legal dispute involving its three costliest apartments averaging Rs 5 crore each. The Managing Committee of Dhavalgiri building in Grant Road, where these flats are located, has disputed Mhada’s ownership in a law suit filed in The Bombay High Court. […]
Ownership of Mhada lottery’s costliest flats in legal disputemore
Pune Several homebuyers prefer Pune owing to its perfect sized apartments in prime areas. It’s no secret that Pune is a favourite destination for prospective homebuyers. Well, what makes it a preferred choice? Several homebuyers prefer Pune owing to its perfect sized apartments in prime areas. This is a key factor that draws people to […]
Poised perfectlymore Catering to a very niche clientele and not the masses, luxury housing has evolved at a rapid pace in India. The nouveau riche (newly rich) prefer discreet opulence over the commonplace, and look for experiential luxury, both at a unit and project level. From start-up founders to high-salaried professionals, high net-worth individuals are prompting developers […]
Luxury losing the plot to affordable housing?more Mumbai State housing board Mhada’s lottery for 1,384 flats been marred by a legal dispute over its three costliest apartments averaging Rs 5 crore each. The Managing Committee of Dhavalgiri society in Grant Road, where these flats are located, has disputed Mhada’s ownership in a law suit filed in the Bombay High Court on December […]
Ownership of Mhada lottery’s costliest flats under disputemore
Mumbai The Maharashtra Real Estate Regulatory Authority (MahaRERA) has imposed a daily penalty of Rs 1 lakh for every day of delay beginning December 6 on Nirmal Developers for defaulting on refund instalments of 74 homebuyers in Mulund West. Nirmal Developers launched Nirmal Olympia, a 54-storey project with four wings, with the proposed deadline for […]
MahaRERA slaps a daily penalty of Rs 1 lakh on Nirmal Developersmore
Mumbai Once known only as a stopover for Mumbaikars on the way to Matheran, Neral has today emerged as a real estate destination in its own right. Located near Karjat on the way to Pune, Neral was once a picnic destination where Mumbaikars would alight from the Cental Railway line to board the bus, taxi […]
An affordable hub: Neralmore
Mumbai Ninety of 100 acres reserved for a zoo at Goregaon (east) is now proposed to be used to rehabilitate tribals and slum dwellers living at Sanjay Gandhi National Park. The zoo, if it sees the light of day, will come up on the balance land. The proposal has come under criticism from environmentalists. The […]
Maharashtra eyes land near Aarey for slum rehabilitation, environmentalists fumemore
Three major redevelopment projects in central Mumbai are set to revitalize real estate in the city: the 97 acre government colony at Bandra, 92 acres of BDD chawls in Worli, Naigaon, Lower Parel and Sewri, and the 520 acre Dharavi. That all these projects are being opened up in a pre-election year is being […]
Redevelopment projects in city centre set to revitalize Mumbai’s real estate hopesmore
