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Environmental organisations say a 600-meter bund near DPS Flamingo Lake violates Coastal Regulation Zone (CRZ) standards and a Bombay High Court ruling. The local NGO NatConnect Foundation complained to the chief minister and the High Court-appointed mangrove preservation and conservation committee.
- 15th May 2024
- 1128 Views
Commercial real estate investing in India provides greater yields, value appreciation, and diversity. Commercial buildings are attracting more investors as the market recovers. It explores this segment's alternatives, emphasising their distinctive qualities and provides crucial insights.
- 14th May 2024
- 1132 Views
Promoters must now use only qualified and certified real estate agents under MahaRERA. This guideline protects homebuyers and the real estate industry. Non-compliance might lead to project registration rejections, registration revocations, or promoter fines.
- 5th May 2024
- 1158 Views
Embassy Group plans to take WeWork India public after acquiring the remaining 27% interest from US-based WeWork for ₹700 crore. Sources say the coworking office platform would be listed on domestic bourses within 18 months.
- 26th Apr 2024
- 1161 Views
The real estate market in South Mumbai, the city's affluence, is changing. Now popular with luxury condos, the region was formerly dominated by lovely old-world houses. This shows that rich purchasers want homes with exclusivity, tradition, modern conveniences, and a thriving community culture.
- 26th Apr 2024
- 1157 Views
A monumental 2,000-metric-ton arch bridge, integral to the Mumbai Coastal Road project, embarked on its voyage from Mazagon Dock's Nhava unit at 12:30 PM recently.
- 26th Apr 2024
- 1153 Views
Baashyaam Constructions will buy a prime land from Standard Chartered Bank in Chennai. The INR 800 crore transaction covers a 4.6-acre plot that Standard Chartered bought from ANZ Grindlays Bank.
- 21st Apr 2024
- 1171 Views
The Indian Finance Ministry has extended PMAY-G funds till September 2024 to build 3.5 million rural dwellings. This prolongation is part of the government's pursuit of "housing for all" by March 2024.
- 21st Apr 2024
- 1164 Views
Terravista Developers, an Adani Group affiliate, bought a 25-acre land in Haveli, Pune, to expand its data centre infrastructure. Leasehold rights from Finolex Industries enabled this Rs 471 crore ($56.6 million) investment.
- 13th Apr 2024
- 1187 Views
IKIGAI Goa, a pioneering senior housing property near Panjim, Goa's dynamic capital, is proudly launched by Manasum Senior housing and Prescon Homes. IKIGAI Goa will open within 90 to 120 days with 240 luxurious, fully serviced one- and two-bedroom homes for contemporary seniors.
- 7th Apr 2024
- 1170 Views
MahaRERA reached a milestone in 2023-24, registering 4,332 projects from 5,471 applicants. Officials stressed that the remaining applications are being carefully reviewed to ensure project integrity and compliance.
- 6th Apr 2024
- 1193 Views
Residents of Breach Candy in South Mumbai are frustrated by traffic congestion caused by the adjacent junction on the Mumbai Coastal Road. The Coastal Road's advantages aside, neighbours say a design mistake, specifically the absence of direct interchange access, has exacerbated their journeys.
- 6th Apr 2024
- 1187 Views
The Dream of Homeownership Grows 2024 is a terrific year for Indian homebuyers due to numerous major advancements. Significant savings from a steady repo rate and an optimistic government budget encourage more individuals to purchase properties.
- 31st Mar 2024
- 1175 Views
India's elderly population is growing. Household needs are changing due to growth. Mumbai, Bangalore, Pune, and Delhi are focusing on senior-friendly housing. The progress is encouraging, but much more must be done. Despite hurdles, senior care houses will be significant business.
- 31st Mar 2024
- 1186 Views
Ministry of Environment, Forest, and Climate reform (MoEFCC) made a major reform to balance development with animal protection. Large projects in protected areas now need forest permissions before wildlife clearances.
- 27th Mar 2024
- 1180 Views