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Cidco To Develop Nerul Along The Lines Of Santa CruzIn order to replicate the commercial aura around the Mumbai airport, the City and Industrial Development Corporation (Cidco) is going to develop a 1.3-hectare plot in Nerul for a residential-cum-commercial purpose, just like Santa Cruz in Mumbai. The Cidco has invited applications for lease for this prime property which would also push the annual revenue of the agency by Rs 400 crore.
How Navi Mumbai Airport Will Change Realty For BettThe Navi Mumbai Airport Private Limited has announced that the international airport will be designed by the celebrated Zaha Hadid Architects. The architect firm will design the Terminal 1 and the ATC Tower of the airport. The London-based architect firm was selected after a 12-week design competition, which witnessed international architect firms participating.
Maharashtra’s Big Push To Affordability, 14L Homes TMaharashtra is set to offer more to those who are keen to invest in the state’s affordable housing segment. In the recently held Magnetic Maharashtra' Global Investors Summit, development bodies in the state inked pacts with Credai-Maharashtra and Credai-Maharashtra Chamber of Housing Industry (MCHI) to build 9.15 lakh affordable units. About 2.5 lakh affordable homes will be built in state capital Mumbai alone.
Top 5 Localities To Rent A Home In Navi MumbaiCheck out top localities to rent a home in Navi Mumbai.
City Beat: Want To Construct Over Permissible FSI InA cess of Rs 5,000 for every additional square metre will be levied on those planning to redevelop old and dilapidated buildings in the suburbs of Mumbai. This will have to be paid during the construction period and will be used to develop the offsite infrastructure of the building.