By Abhay Shah, Realty Quarter On 16 July 2019, the High Court of Bombay annulled the CRZ Clearance granted to the city civic body’s ambitious Rs 14000 cr Coastal Road project. The Court ruling states that a 29.2 km long project proposed to connect the Marine Drive area in the South of Mumbai to suburban Borivali in north Mumbai […]
Bombay HC quashes CRZ clearance for Mumbai Coastal Road Project.more
By Abhay Shah, Realty Quarter On Monday, the state legislative council approved the law giving a tax exemption for residential properties whose carpet area is within 500 square feet. While the proposal was tabled, Devendra Fadnavis, said that the government chose to waive property tax in Mumbai only because the BMC is financially viable and can achieve the […]
Waiver of taxation for property in Mumbai approved for apartments of up to 500 sq ft.more
By Abhay Shah, Realty Quarter On 26 June 2019, Maharashtra government said, The Comptroller and Auditor General (CAG) will perform a structural audit of bridges constructed by the local civic body in Mumbai in the last five years. The government announced in the Legislative Council the audit of the Mumbai bridges carried out by CAG, […]
Comptroller and Auditor General (CAG) to perform Mumbai’s Bridges Structural Audit.more
By Abhay Shah, Realty Quarter On June 24, the BMC told Bombay high court, that the South Coastal Road (SCR) project had all required approvals. The notification of 2006 of the Environmental Impact Assessment did not apply for the project and, accordingly, no environmental clearance was needed, said Senior Advocate Darius Khambata, counsel for BMC. […]
BMC reports Bombay high court for having all the approvals for SCR project.more
By Abhay Harish Shah, Realty Quarter The state government has drastically slashed construction stamping charges, especially in the island town between Colaba and Byculla, for builders who redevelop municipal tenanted properties. However, the bonanza is not for the free-sale element but for the rehab part of the project. The aim of this sop is to […]
The state government approves reduction on stamp duty for the BIT Chawls redevelopment.more
By Abhay Harish Shah, Realty Quarter The pothole is a most discussed issue in the monsoon season. In Mumbai, people face a lot of difficulties while commuting from one place to another. BMC is working hard to make Mumbai monsoon travel a safer one. The BMC has already distributed 828 metric tonnes but still works on […]
The BMC to continue 508 roads with pothole filling mixture for this Monsoon.more
By Abhay Harish Shah, Realty Quarter The BMC (Brihanmumbai Municipal Corporation) got into controversy since a decision got in place to clear a proposal for a high-rise commercial building located in Khar. This decision was carried within 24 hours from May 9th to 10th, which consist over 6 stages starting from the engineer’s desk to […]
BMC clears high rise building proposal for Khar Building in just 24 hours.more
By Abhay Harish Shah , Realty Quarter The two upcoming redevelopment projects have taken Mumbai’s real estate market attention. The two projects will come up in Parel location. One project will come up on B A Ambedkar road, near to place from where the Lalbaugcha Raja pandal comes up every year. And the second project […]
Two new Redevelopment projects coming up in Parel.more By Abhay Harish Shah , Realty Quarter The rainy season which is only a few months away, the Brihanmumbai Municipal Corporation (BMC) has swung vigorously to guarantee Mumbai’s roads don’t flood. The community body’s is focusing this storm will be the channels that are probably going to get obstructed owing to residue and filth from […]
BMC Confirms the peace from water logging this Monsoon in Mumbai.more By Abhay Harish Shah , Realty Quarter The Bombay HC has struck down the forces of the BMC official to outline rules for setting down rules for deciding the capital estimation of a property, saying that such principles are ultra vires to the Maharashtra Municipal Corporation Act. The Bombay high court seat of Justices Abhay […]
Rules for calculating capital value – Bombay High Court.more
