mumbai real estate news

Mumbai Emami Group is poised to team up with Sheth Developers of Mumbai to jointly develop prime real estate on Gokhale Road (south) in Dadar, Mumbai. If plans fructify, the duo intend to build an upmarket residential complex packed with swanky lifestyle...

Mumbai The city added 8.50 lakh sq ft of mall space between April and June 2011, even as retail mall space supply in India saw a 65% growth during this period, compared to the earlier quarter. “Most of the supply that entered the market was concentratedin...

Mumbai Papering over their differences and launching a combined offensive on the state government, the Shiv Sena-BJP-RPI alliance as well as the Left on Thursday threatened a Mumbai bandh on August 1 over the issue of providing free homes to mill workers....

Mumbai When Ranjith Thomas, a finance executive, heard the RBI had hiked interest rates, his heart sank. His monthly outgoings for the Rs 20 lakh loan he had taken last year had just gone up from approximately Rs 16,000 to Rs 19,000. “I don’t have vices....

Mumbai Mumbai’s scars will take a long time to heal but its indomitable spirit is as strong as ever. Even as anger mounts over the recent blasts and the government’s inability to provide a safer city, there is a determination to not buckle under. It’s...

Mumbai Slumdwellers and residents of housing societies cannot be on an equal footing, the high court has ruled. A division bench of Justice Dhananjay Chandrachud and Justice Anoop Mohta dismissed a petition filed by some slumdwellers residing on a prime...

HC SAYS Developer cannot take advantage of failure to execute conveyance deed After the statutory period for executing conveyance has passed, only the co-operative housing society will have right to utilise additional Floor Space Index (FSI), if it becomes...

Mumbai-based developerAckruti City has raised Rs 300 crore from Future Capital’s NBFC arm, State Bank of India and ICICI Bank by mortgaging two fully built commercial buildings, Ackruti Star and Ackruti Solaris in Andheri east, Mumbai. Ackruti Star is...

Mumbai: Despite a sustained sluggishness in demand, property prices in Mumbai, India’s largest real estate market, do not seem to relent. Experts say a reason for this is the financing structure of real estate projects, where many developers, especially...

Mumbai The Supreme Court on Monday gave a go ahead for sale of a part of the 774 acres of land in Maharashtra belonging to VSNL, now Tata Communications, by the government. A bench comprising Justices Dalveer Bhandari and Deepak Verma dismissed the plea...