R-Infra in its argument had told the high court that it was losing upto Rs 85 lakh a day despite being used by nearly 250,000 commuters
'We immerse our Ganpati in a bucket at home and use that water for our plants.' 'That way, our Ganpati always remains with us.'
Thackeray was speaking virtually after the inauguration of a water taxi service, linking Navi Mumbai to south Mumbai, and the Belapur jetty in the neighbouring township.
Housing sales hit an all-time high this year to nearly 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock. The prices of residential properties have risen in the range of 4-7 per cent primarily due to an increase in the input costs and demand comeback post-COVID, it said. Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 per cent this year to 364,900 units as against 236,500 units in 2021 across the seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
A total of over Rs 1,641 crore of premium is pending against five lease holders of MMRDA
The Central anti-drug agency had filed the draft charges last month in the Special Narcotic Drugs and Psychotropic Substances Act Court against 35 accused, the details of which were made available on Tuesday.
The state reported 346 deaths, taking the fatality tally to 21,033, said the health official.
MMOPL has already taken a decision to extend the fare slab of Rs 10 to Rs 40.
'We have to keep knocking on it before we get a response.'
Local trains have been off bounds for the general public since March last year due to the coronavirus pandemic.
Bengaluru saw a 23% decline in home sales and a 3% fall in prices.
Experts tracking the sector say the scheme is aimed at clearing inventory and boosting sales
This proposal is a part of the comprehensive aviation policy that the ministry has submitted to the Cabinet and which has now been referred to a Group of Ministers.
About 7 per cent was priced between Rs 3 crore and Rs 5 crore, 22 per cent priced between Rs 5 crore and Rs 8 crore, and 15 per cent above Rs 8 crore.
Average apartment size in residential projects launched in 2020 increased by 10 per cent to 1,150 sq ft, as builders expected demand for bigger flats to rise after the COVID-19 pandemic, according to property consultant Anarock. Average apartment sizes in seven major cities have risen by 10 per cent on a yearly basis to 1,150 sq ft in 2020 from 1,050 sq ft in 2019, it said in a report. The consultant said the average apartment sizes were reducing year-on-year since 2016 but the trend has reversed last year.
'In Mumbai the mortality rate was reaching a percentage of almost 8 plus in about April.' 'But now over last one month, we have come down.' 'We have drastically controlled mortality.' 'We are now about 3.9.'
The S&P BSE Realty Index has emerged as one of the top-performing sectors, yielding a remarkable 45 per cent return over the past six months. The three leading players, listed by market capitalisation, have substantially enriched investor wealth by 43-70 per cent during this period. If the second quarter (Q2) of 2023-24 (FY24) updates from Macrotech Developers (Lodha) and Sobha, along with industry data for the quarter, serve as any indication, the trend of strong bookings for larger players is expected to continue.
A 5% increase is expected due to additional interest on approval costs.
Already hit hard by the poor and inefficient services, the woes of the suburban rail commuters in the metropolis are going to be compounded further with the season ticket rates going up by more than double across classes.
Home seekers demand has exceeded supply and hence there is a possibility of rentals going up by atleast 10 percent.
Experts attribute this to economy slowdown and political uncertainty with the general elections round the corner.
The Mumbai civic body asked all schools to remain shut and to ensure that the students were sent back home safely.
Housing sales across seven major cities in the country fell 35 per cent year-on-year to 50,983 units during the July-September period even as the demand recovered post lockdown, according to data analytics firm PropEquity. Sales stood at 78,472 units in the year-ago period in seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
Three major cities in south India -- Bengaluru, Hyderabad and Chennai -- dominate India's office market with the contribution of 66 per cent of the total demand for office space during the last financial year 2020-21, according to Anarock report. The consultant noted that the main southern office market has overtaken other regions in terms of new supply, net absorption, and even rental growth. Among the top-seven cities, Bengaluru, Hyderabad and Chennai saw their share of total office leasing increase to 66 per cent in the 2020-21 fiscal year as against 47 per cent in FY18.
Maharashtra's COVID-19 tally rose to 85,975 on Sunday with 3,007 new cases while the fatality count mounted by 91, including 61 deaths in Mumbai, to 3,060, state Health department said. The recovery rate for Maharashtra, which has the highest case load in the country, now slightly increased from 45.06 per cent to 45.72 per cent on Sunday.
The overall death toll in the state has gone up by 58, including 39 from Mumbai, to 1,635, the official said.
A look at few marquee projects that are stuck for several reasons.
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.
The rise in commuters was also despite the state-run Mumbai Metropolitan Region Development Authority filing a petition against MMOPL on fare fixation.
The marshals will be provided specialised axes to snip wires and break glasses.
The NCR and the MMR together account for 77 per cent of 10 big housing projects stuck because of developers' bankruptcy or litigation.
As many as 108 flights cancelled and another 51 diverted to nearby airports.
Speed of trains would be increased up to 200 kilometres/hour.
More than 50 per cent of the value of all MOUs signed at the Make In India Week in the last five days has made Maharashtra emerge numero uno in the committed investment stakes!
Encouraged by a steady recovery seen in the first two weeks of February, hospitality firms expect the business hotels in metros including Mumbai, Bengaluru, Chennai, Kolkata and Hyderabad that have been lagging the leisure hotels in terms of revenue per available room (RevPar) to catch up in the coming months. Huge pent-up demand for MICE (meetings, incentives, conference and exhibitions) as companies slowly return to hosting physical events coupled with easing of the recently announced restrictions on international travel, will also help in getting closer to pre-Covid levels of revenue, they said. The Omicron wave that peaked in January had derailed the strong month-on-month recovery seen by the hotels since August.
Blackstone has bought A Wing and some part of B Wing of the building, which has three wings with a total area of 1.5 million square feet.
In the latest guidelines, the BMC clarified that no garden or play area equipment, swings and bars will be allowed to operate during the lockdown period, till June 30.
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
