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Rental Trends in Chembur (East)Chembur(East) is a sub-city of Mumbai and an important real estate market in India. As per the recent analysis by Makaan.com Property Price Trends, per square feet (psf) price for renting a property in Chembur(East) is Rs 31.15/- On further analysis the following trends can be observed
Property Price in Chembur(East)Chembur(East) is a sub-city of Mumbai and an important real estate market in India. As per the recent analysis by Makaan.com Property Price Trends, per square feet (psf) price for buying a property in Chembur(East) is Rs 13587/-
Centre Plans Strengthening North-East Region With EnThe Indian government, under ‘Act East’ Policy, is developing infrastructure projects in the North Eastern Region (NER) to boost connectivity. It will develop road networks spanning 5,200 kilometres in the North East Region along with National Highway projects and undertake upgradation under the Bharatmala Pariyojana and invest Rs 48,000 crore for building 15 new rail line projects across the state capitals.
Delayed For Years, MIG Redevelopment Colony To Be BaStarted in 2006, the redevelopment work is far from completion but might get on track as the Bombay High Court has cleared the deck for the construction work to start. The project was in litigation due to a rule imposed by the Brihanmumbai Municipal Corporation that the developer must execute a permanent agreement with the old homeowners to get the construction commencement certificate. As the Bombay HC has set aside this condition, the work might begin soon.
Mumbai Monorail Phase-II May Be Operational SoonAfter missing many deadlines, Phase-II of the Mumbai Monorail will be operational soon. The route, which was slated to get operational in December 2017, got delayed due to shortcomings found in the safety parameters. While Phase-I operations are still suspended after the fire broke in two coaches of the Monorail rake in November last, the state government has shelved all Monorail projects that were proposed in the metropolitan region (MMR) due to financial reasons.