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SC Lifts Construction Ban In Greater Mumbai; New LanAfter 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.
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.
Where Is Mumbai Renting?Renting offers several benefits, mainly in terms of affordability and flexibility. Because of its obvious benefits, renting is in vogue among today's young population. In a city such as Mumbai, for example, renting provides you with an option to actually live in homes that one cannot otherwise afford. Now, let us try to find out which are the popular localities to rent in Mumbai. Let us also find out which are the areas that have the biggest rental supply.
Where Is Mumbai Searching For Property?It would be a matter of great joy for you if you are now financially ready to buy a property in Mumbai, India's financial capital which is counted among the most expensive property markets in the world. Data available with Makaan.com show you have to pay an average Rs 8,700 to buy a square foot (sqft) of space here. The average price for the same space in national capital Delhi is Rs 4,900. Since you have built yourself a nest egg, let us assist you in finding the perfect locality.
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.