3 BHK Flats for sale in Kanjurmarg Mumbai

After a year-long ban on real estate construction in Greater Mumbai, the Supreme Court (SC) has finally allowed construction of new projects for the next six months. The order has come as a big relief for the developers in the city as projects worth Rs 2,000 crore were stuck since March 2016, owing to the order.

India’s richest state-owned civic authority Mumbai Metropolitan Region Development Authority (MMRDA) presented its annual Budget worth Rs 12,157 crore for 2018-19 on March 22. This is almost 74 per cent more than the previous year’s Budget of Rs 6,976 crore, and the highest by a civic authority in the history of Independent India. Improving connectivity in Mumbai has been the prime focus of this year’s Budget. Let us examine the key highlights of the MMRDA Budget 2018-19.

Mumbai is soon going to get two new Metro lines to enhance inter-city connectivity. One of these would reach out to beyond Thane areas while the other would connect eastern and western express highway, resulting in appreciation of property prices along areas lying across the Eastern Express Highway.  

Although Mumbai and Delhi are not high up on the list of best student cities, their presence in the list is encouraging.

The Brihanmumbai Municipal Corporation (BMC) wants to reclaim land in coastal areas. But environmentalists and activists oppose this move. PropGuide studies if the opposition is justified.