'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
The Centre and the Shiv Sena-led Maha Vikas Aghadi government in Maharashtra are locked in a tussle over ownership of the land earmarked by the state for constructing the car depot which was earlier planned at Aarey Colony, a green belt in suburban Goregaon.
Infra experts say govt will first need to figure out how to exploit real estate along the proposed routes.
The hospital, in the commercial hub of Bandra-Kurla Complex, will serve as an isolation facility for non-critical COVID-19 patients. Expected to be ready in a fortnight, the new makeshift facility can be scaled up to 5,000 beds, if needed. The Brihanmumbai Municipal Corporation will run the hospital that will have, among other things, oxygen facilities and pathological laboratories. Sohini Das reports.
Home sales in the top 10 cities - Ahmedabad, Bengaluru, Chandigarh, Chennai, Hyderabad, Kochi, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune - have declined at a compound annual growth rate of 8% since 2011.
50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.
The plot C-65 in the G Block of Bandra Kurla Complex was leased to Goisu Realty (a unit of Sumitomo) for 80 years by MMRDA.
The amount is penalty charged on the Mukesh Ambani-led company for failing to develop the C-66 plot in G Block, named as One BKC.
Total scam in collusion with middlemen is estimated at over Rs 700 crore. Probe is on in 10 more cases.
Some of India's biggest employers are testing for antibodies to either comply with regulatory norms or gauge the effectiveness of precautionary measures.
Notably, after coming to power in November 2019, the then MVA government scrapped certain policy decisions of its predecessor BJP-Shiv Sena government led by Fadnavis.
Everything you wanted to know about the Mumbai-Ahmedabad bullet train but didn't know who to ask.
Last week's slum fire at Bandra east highlights the stark difference between the two sides of the neighbourhood's railway station. But Piyush Goyal can change it, says Anil Singh.
The two western states, already battling a raging pandemic, which has put their health infrastructure under severe strain, opened new fronts to tackle the fallout of the storm which is expected to make a landfall close to Mumbai on Wednesday. They are likely to be impacted most by the cyclone.
A 58-year-old man died after a power transformer fell on him in Raigad district. 2 people died and 3 were injured in two separate cyclone-related incidents in Pune.
'It is a well-thought-out decision. I feel it is difficult for him now to step back.'
MahaRERA, the authority under Real Estate (Regulation and Development) Act, 2016, in Maharashtra, has blacklisted 644 housing projects in the state for not meeting project deadlines. The authority has prohibited them from being sold, advertised or marketed in the state. These projects were supposed to be completed and handed over to homebuyers in 2017 and 2018. Even though most of the projects are being developed by local developers, one big name on the list is Lavasa Corporation promoted by HCC whose registration expired in 2017.
And learn what not to do from the so far jinxed Navi Mumbai International Airport.
At least four gelatin sticks were on Thursday found on the railway tracks near Taloja in Navi Mumbai, a day after a discarded overhead equipment was spotted lying on the rail lines in Raigad
The Maharashtra government announced categorisation of various areas into red and non-red zones
Life Insurance Corporation of India has over Rs 7,000 crore in tax demand pending against it, the biggest across various categories.
'If enough of us take up the issue with their elected representatives, politicians will get the message.'
Fire brigade, Mumbai Police and civic officials rushed to the site to carry out the rescue operation.
Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.
The inventory has risen to 83 months in the National Capital Region and 50 months in Mumbai.
The logistics segment is becoming a hot favourite of private equity, of late.
India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.
'These are challenging times and we get energised by that.' 'I don't feel that 'I am tired now and I should relax', because even if someone calls us at 12 o'clock I have to answer his call.'
The NCW has written to the Delhi Police to expedite its action in the case against the 'Bulli Bai' app, floated for trolling and harassing the victims, to ensure that such crimes do not recur.
The Delhi police on Sunday registered a case based on a complaint filed by a woman journalist alleging that she was being targetted by an unidentified group of people on a mobile application named 'Bulli Bai' created on GitHub platform.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
In its morning update, the Union health ministry said the total number of positive cases has reached 2,16,919 with a record spike of 9,304 new cases since Wednesday 8 am across the country, while the death toll has increased to 6,075 with 260 more fatalities in this period. A PTI tally of figures announced by different states and union territories, as of 9.50 pm, showed a higher number of confirmed cases across the country at 2,17,389 and the death toll at 6,233.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
Under the 20.68 km-long monorail project, services will be provided between Poonamalle and Kathipara with a link from Porur to Vadapalani in Chennai, a senior UD Ministry official said.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
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