The Bombay High Court criticized the Navy for an intelligence lapse regarding a high-rise building near INS Shikra, questioning why it went unnoticed and raising concerns about selective opposition to construction projects.
'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'
'Dharavi will be completely slum free by 2040'
Realtors expect BMC's 'single window' clearance to be a game changer, leading to correction in property prices.
On April 28 this year, the civic body issued notice to Sharma under section 351 of the Mumbai Municipal Corporation Act, claiming that certain constructions in the 18-storey residential building 'DLH Enclave' in Goregaon, in which the actor has a flat, were illegal and hence will have to be razed down.
New law could pose challenges of cost escalation, increased paperwork, fear developers.
As under-construction properties turn riskier, due to slowing sales, a buyer needs to protect his interest in the property.
Real estate veteran Saket Mohta gives the the most comprehensive 11-point checklist
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