CIDCO approves NAINA infrastructure works
October 13, 2018

Navi Mumbai planning and development authority - The City and Industrial Development Corporation (CIDCO) has given nod to the first land pooling and reconstitution town planning scheme. Under the Navi Mumbai Airport Influence Notified Area (NAINA), infrastructure development will be carried out on 19.12 hectares of land in Akurli, Belavali and Chikle villages, for which the government has also sanctioned Rs 21 crore. It is to be noted that CIDCO approved the Development Plan (DP) of 23 villages in April 2017 after which it anticipated three Town Planning (TP) schemes on 653 hectares of area in NAINA. While the first…

Mumbai Metro route to connect parts of Thane
October 10, 2018

To boost connectivity, the Maharashtra Metro Rail Corporation (MMRC) is planning to construct a 29 km-long metro corridor in Thane. The upcoming metro route will partially run underground and will connect the interiors of the city. The decision to construct a new metro route was made considering the rapid increase in the vehicular density. Brijesh Dixit, Managing Director, MMRC, has shared that the proposed Thane Metro corridor will connect the areas within the city rather than connecting with the neighbouring cities. The detailed project report (DPR) of the project is in the final stage and will be submitted soon. Out…

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Paradigm Realty launches a luxury residential project in Andheri
October 9, 2018

Paradigm Realty launches a luxury residential project, El Signora in Andheri West9th October 2018 Paradigm Realty has recently launched a luxurious residential project, El Signora. Located at Oshiwara, near Lokhandwala, Andheri West, the residential complex offers spacious and aesthetically designed 2BHK apartments spread across an area of 1.5 acres starting from Rs 1.25 crore. El Signora is a 23 storey tower comprising 111 units coupled with splendid amenities such as rooftop garden, ultra-modern gymnasium, zen yoga & meditation deck, jogging track, and senior citizen sitting lounge. El Signora is a joint venture with Paras Builders that offers extravagant and comfortable…

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Rustomjee community Elements Off Juhu Circle receives occupation certificate
October 3, 2018

Rustomjee's community Elements Off Juhu Circle receives Occupation Certificate  3rd October 2018 Rustomjee Group's, flagship luxury development Elements Off Juhu Circle has received its Occupation Certificate (OC) for its G Wing. The same project had earlier received OC for other five of its prominent wings namely A, B, D, E and F. The G Wing comprises of limited 3BHK Garden view residences starting at Rs. 11.99 Cr onwards. The residences will include facilities such as podium garden, rooftop lounge, Multipurpose Court, fitness centre, indoor games room. A spa, toddler’s play zone and infinity edge pool on the rooftop will also be available.

Panvel civic body approves over 2,400 homes under PMAY
October 1, 2018

The Panvel municipal body has recently approved the construction of as many as 2,418 affordable homes at seven different areas in Panvel under the Pradhan Mantri Awas Yojana (PMAY). The cost of construction of multi-storey buildings having ground plus seven floors and ground plus 12 floors has been fixed at Rs 266 crore. Each beneficiary will receive a housing unit with a carpet area of 269 sq ft, amounting Rs 11 lakh. The construction of the units will start after obtaining approval from Maharashtra Housing and Area Development Authority (MHADA) and the Central Government. Ganesh Deshmukh, Commissioner, Pimpri-Chinchwad Municipal Corporation…

MHADA to offer over 1,100 affordable homes to poor families
October 1, 2018

The Maharashtra Housing and Area Development Authority (MHADA) will hold a housing lottery for 1,194 flats during the festive season in November 2018. Apart from 1,194 flats, around 108 commercial establishments will be up for bid as well. People belonging to the below poverty line (BPL), economically weaker section (EWS) and low-income group (LIG) would be eligible for the lottery. The Authority has announced that budget houses will be allotted to families with annual income less than Rs 15,000 per annum. All MHADA’s flats would be priced in the range of Rs 28-31 lakh. Officials have shared that there would…

Mumbai: Metro Authority completes first underground tunnel project
September 29, 2018

The Mumbai Metro Rail Corporation has shared the completion of a 1.26-km long tunnel from the Municipal Pali ground at Marol village in Andheri East to Chhatrapati Shivaji Maharaj International airport Terminal-2 station. The tunnel would be the part of the underground metro line, Mumbai Metro 3. Electrification, strengthening and planting of railway tracks will be carried out soon. Devendra Fadnavis, Chief Minister, Maharashtra, has praised the Corporation for its groundbreaking achievement. The entire metro line project is likely to be completed in the next two to three years. The State government has appealed to the contractor partner Shanghai Tec…

Bombay HC seeks data of multi-storey buildings in Corlim
September 26, 2018

The Bombay High Court (HC), Goa Bench, has ordered the Corlim panchayat to submit the data of approvals given to the multi-storey projects regarding physical infrastructure including roads, drainage system, waste management and parking space. The panchayat has been asked to furnish the required data on the next hearing scheduled in October, 2018. The Corlim Citizens’ Civic and Consumer Forum had filed a petition alleging that all multi-storey buildings have been granted permissions without requisite road width, drainage system, garbage disposal system and parking space. There are about 15-20 multi-storey buildings violating norms in Corlim. In response, the government advocate…

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Godrej Properties Limited announces new project
September 24, 2018

Godrej Properties Limited announces new project24th Sep 2018 Mumbai-based developer Godrej Properties Limited in association with Shipra Group has announced the launch of its new luxury project in Sector-43, Noida. The project will be strategically situated close to Noida Golf Course and will offer approximately 2.2 million sq ft of saleable area. This will be Godrej’s 4th project in Noida and 13th project in the National Capital Region.

BMC to repair 1343 roads in Mumbai
September 23, 2018

The Brihanmumbai Municipal Corporation (BMC) will soon begin reconstruction of over 1,300 roads covering a length of about 507 km across the city. The repair work of the roads will be executed in several phases at an estimated budget of Rs 1,508 crore. Officials have shared that a total of 1,343 roads have been identified by the civic body that requires repair. The municipal corporation will issue tenders for 624 roads soon. Of these identified roads, the tendering process of 62 roads located in eastern and western suburbs will be initiated first. A defect liability period of three years has…

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Edelweiss and Shiv Shakti get together for a realty project
September 19, 2018

Edelweiss and Shiv Shakti get together for a realty project 19th September 2018: The Edelweiss Real Estate Advisory Practice (REAP), takes up Tower 28 located at Malad East, a gated community project by Right Channel Group as the exclusive distribution partner. The project offers 1-3 BHK units pegged between Rs 97 lakh and Rs 1.8 crore and affirms a 360-degree location benefit, easy access to the western express highway, and S.V. road, all within a 2 km radius. The MahaRERA Registration Number of the project is - P51800009511  

Mumbai: CIDCO housing scheme receives over 1.3 lakh applications
September 18, 2018

After the announcement of over 14,000 affordable houses for the economically weaker sections (EWS) and the low-income groups (LIG), the City and Industrial Development Corporation (CIDCO) has received around 1.3 lakh applications for the houses launched under Pradhan Mantri Awas Yojana (PMAY). The Corporation will develop a total of 14,838 houses in different localities across Navi Mumbai including Ghansoli, Dronagiri, Kalamboli, Taloja, and Kharghar. CIDCO officials have shared that the housing scheme has received around 80,000 applications along with the deposit money. The Corporation is expecting the total number of applications to reach to 1.5 lakh. All the houses will…

Mumbai: Construction of Metro-7 extension to begin early 2019
September 18, 2018

The Mumbai Metropolitan Region Development Authority (MMRDA) is likely to commence the construction work on the extension of the Dahisar East-Andheri East corridor (Metro-7) up to the International Airport and Bhayander within six months. The Authority has recently floated tenders for the construction of the proposed corridor. MMRDA officials have stated that the stretch will be 13.5 km long, out of which 10 km will be an elevated route. The remaining 3.5 km would be an underground corridor. The metro rail project is expected to cost Rs 6,518 crore. The construction work on two flyovers in Mira-Bhayander area will also…

BMC to serve notices to 40 builders in Mumbai
September 18, 2018

The Brihanmumbai Municipal Corporation (BMC) will issue stop work notices to around 40 builders in the city due to a violation of the debris dumping conditions. Officials have shared that the civic body has inspected 134 building constructions and debris dumping sites, and found that a few of the builders were defying the rules, thus damaging the environment. A while ago, the Supreme Court (SC) had repealed the Bombay High Court (HC) ban on new constructions for six months, and BMC was directed to file a compliance report. The municipal corporation decided not to issue the new construction permits with…

Thane: Work on bullet train to begin by Jan 2019
September 17, 2018

The construction work on India’s first high-speed train project, the 508 km-long Mumbai-Ahmedabad bullet train, is likely to commence by January 2019. The National High-Speed Rail Corridor Limited (NHSRCL), is the executing agency of the rail project. For the seabed work, boring machines would be placed in Vikhroli, Mumbai. Out of the 508 km alignment connecting Ahmedabad and Mumbai, 155.76 km will be spread in Maharashtra, 348.04 km in Gujarat, and 4.3 km in Dadra and Nagar Haveli. In Thane, the Joint Measurement Survey (JMS) of the land has been finished, and the land acquisition process will begin soon. Dhananjay…

MHADA constructs 25 pc of total housing target in Mumbai
September 16, 2018

The Maharashtra Housing and Area Development Authority (MHADA) has managed to develop about 25 percent of the total affordable housing target in Mumbai. Officials have shared that the Authority has constructed a total of 2,500 houses in the last three years against its set target of 10,576 houses. Uday Samant, President, MHADA, has shared that large-scale encroachments and legal formalities pertaining to MHADA land have been the major hurdles in the development of estimated housing units. MHADA officials have been directed to clear all the encroached land and commence with the construction. The Authority had decided to develop a total…

Mumbai-Pune expressway to collect toll tax till 2030
September 12, 2018

The Maharashtra State Road Development Corporation (MSRDC) has decided to continue the toll collection on the Mumbai-Pune Expressway till April 2030. The Corporation will not exempt any light motor vehicle (LMV) from paying levy at five toll plazas on the expressway.   The State government has presented an affidavit through the Public Works Department (PWD) stating that they will not stop collecting toll until April 2030. As per the contract, the government has to collect the toll tax until August 10, 2019. However, the State government has extended the date of collection till 2030 that has enraged the people as…

Maharashtra approves two new metro projects
September 12, 2018

The Maharashtra government has approved the development of two new metro rail projects in Mumbai – Dahisar to Mira Bhayander and Andheri to Chhatrapati Shivaji Maharaj International (CSMI) airport, covering a total distance of 13.5 km. Both these metro rail projects are expected to incur a total cost of Rs 6,607 crore. The State government has approved Dahisar-Mira Bhayander and Andheri-Chhatrapati Shivaji Maharaj International (CSMI) airport corridors as Metro line 9 and Metro line 7A, respectively. Officials have shared that the Metro line 9 is expected to reduce the commuting time between the two neighbouring cities by 40 minutes. The…

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