Bhopal's Metro Phase Two project shows one-third fewer property impacts than Phase One, offering relief to affected homeowners. Major corridors like Pul Bogda and PHQ/Parade Ground face strategically minimized displacements, with plans to revive commercial/residential spaces post-construction. Environmental measures and urban mobility upgrades aim to boost local real estate valuations
Bombay HC orders committee to verify affordable flats built by Hiranandani Group in Powai, amid dispute over completion of 3,103 flats as per 2012 order.
Worli's Shivshahi housing society gets 2.8 FSI for redevelopment, allowing construction of three towers, including a 42-story skyscraper for existing residents and two 38-floor towers for sale.
BMC to demolish illegal Campa Cola flats after May 31, 2015, despite monsoon season. Residents seek legal options as state government rejects ordinance, leaving them with an uncertain future.
Mumbai's redevelopment policy undergoes changes, offering more profits to developers and residents. Larger clusters mean bigger flats and easier negotiations.
Bombay High Court directs BMC and MHADA to take responsibility for dilapidated buildings, amidst rising building collapse incidents.
BMC explores reclaiming part of Campa Cola premises due to illegal construction by the developer without proper approval. The land's use change and costs pose challenges.
Despite efforts to increase transparency, Mumbai's building plan approval system faltered. Approved construction plans were not uploaded to the website, hindering access for potential buyers.
MCHI requests Maharashtra CM to form expert panels for project clearance, citing lengthy current process.
BMC extends property tax deadline by three months in Mumbai. Citizens protested against the new capital value-based system, citing high tax burdens and the inclusion of dues from previous years.
Mumbai residents protest BMC's new property tax policy based on capital value, citing disparities and demanding a return to the old system.
BMC increases Mumbai's daily water supply from 90 to 135 liters per person starting October 1st, offering relief to residents and potentially boosting the housing industry.
Mumbai's BMC has proposed an amended parking lots policy to the state government, which could bring several hundred crores annually by sharing profits with developers.
Maharashtra's slum rehabilitation scheme faces challenges due to the real estate market slump, impacting developers' profitability and project timelines. SRA CEO remains optimistic, citing potential demand for cheaper flats.
A new green building complex is set to be developed in Borivali as part of BMC's upgrade plans for its Civic Training Institute, featuring various eco-friendly technologies.