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Here’s How Metro Line VI Will Impact Property PricesThe Line VI of the Mumbai Metro network will connect Lokhandwala Complex (Swami Samarth Nagar) in Andheri and goes up to Kanjurmarg in eastern suburbs of Mumbai via Jogeshwari and Vikhroli. With an estimated cost of Rs 6,672 crore, the 14.5-kilometre corridor will have 13 stations with interchange option to metro lines 2, 3 and 4. The Mass Rapid Transit System (MRTS) will boost east-west connectivity in the Mumbai Metropolitan Region (MMR).
SC Asks Jaypee To Deposit Rs 600 Cr; Buyers Demand NOn July 4, the SC pronounced some relief to the ailing company and offered a concession. Jaypee will now have to pay Rs 600 crore to refund homebuyers post which the apex court has assured that it would ask the National Company Law Tribunal at Allahabad to expedite the case and decide on revival or restructuring.
Looking For Luxury Apartments In Pune? Check Out TheMakaaniQ picks five residential projects for buyers looking for luxury homes in Pune.
DDA To Now Launch Housing Scheme 2018 In DecemberThe Delhi Development Authority, which was to launch the Housing Scheme 2018 in June, has now delayed it to December. Under the new scheme, the housing authority will offer fresh units instead of the surrendered counterparts as it did in previous schemes. However, of the 21,000 flats on offer, according to the DDA spokerperson, some are not complete.
All You Need To Know About Mumbai Metro Line IIIThe line III of the Mumbai Metro is a 33.5-km underground corridor from Colaba in south Mumbai to Seepz in the north via Bandra. It is being implemented in phases with the first phase from Aarey Milk Colony to the airport to be thrown open by March 2021 while the second phase from Cuffe Parade is expected to open in December same year. Developed at an estimated cost of Rs 23,136 crore, the project will have 21 stations and advanced features to prevent subway flooding during rains.