BUSINESS
Mumbai air pollution: Stop-work notices sent to 70 projects; 370 get warning notices for non-compliance
Mumbai's real estate developers say that they are facing an acute shortage of several items required to comply with pollution guidelines. They have sought the government's intervention.
BUSINESS
Rustomjee Group to develop projects in areas near bullet train, Mumbai Trans-Harbour Link projects
Mumbai real estate update: Rustomjee Group believes areas near big infrastructure projects will garner a great amount of future cash flow. KRL is planning launches with a revenue potential of Rs 4,000 crore in the ongoing fiscal. It is in talks with landowners for joint ventures and joint development projects.
BUSINESS
Mumbai real estate: Everest food products promoter purchases apartment for Rs 73.50 crore in Oberoi’s 360 West
In the recent past, several high-profile deals have been reported from this particular building in the Worli area of Central Mumbai.
BUSINESS
India's tallest building in Mumbai? MICL aims over Rs 8,000 cr revenue potential from 3 projects
MICL has launched the project, Aaradhya Avaan, at Tardeo in southern Mumbai, which has a planned height of more than 1,000 feet.
BUSINESS
MahaRERA suspends registration of 248 real estate projects, including 3 MHADA ones
The regulator has restricted their further sales, marketing or adverstising for failing to comply with regulations on uploading details online.
BUSINESS
Navi Mumbai Metro line starts, among 5 infrastructure projects that will boost real estate market
The five projects including Navi Mumbai Metro line 1, Navi Mumbai International Airport, Mumbai Trans Harbour Link (MTHL) along with two other projects are expected to ease connectivity and boost Navi Mumbai real estate market.
BUSINESS
Priyanka Chopra Jonas sells two penthouses for Rs 6 crore in Mumbai
The Bollywood actress has been in the news in the past for several transactions in the Mumbai real estate market.
BUSINESS
Unfair to solely attribute rising Mumbai air pollution levels to construction: CREDAI-MCHI
Amid Mumbai air quality turning poor, the developers body said attributing the entire air quality crisis solely to the real estate sector oversimplifies a complex issue.
BUSINESS
Diwali 2023: Over 4,800 properties registered in Mumbai so far in November; why the rush?
The Mumbai real estate market has on average reported about 10,000 property registrations a month this year.
BUSINESS
Mumbai real estate update: Ranveer Singh sells two apartments in Goregaon for Rs 15.25 crore
This is the latest deal struck by Singh, who is an active participant in Mumbai’s real estate market
BUSINESS
5 things you don't know about the Maharashtra govt’s Rs 1,601cr acquisition of Mumbai’s Air India building
Mumbai real estate: According to the Maharashtra government, the 5-lakh-square-feet-space will be used for housing different government departments which lie scattered far from the state secretariat ever since a fire broke out in Mantralaya about a decade back.
BUSINESS
Largest deal? Rekha Jhunjhunwala’s firm purchases office space in 2 deals for Rs 740 crore in Mumbai
This is one of the largest commercial deals reported in India in the recent past
BUSINESS
HP India MD Ipsita Dasgupta buys Rs 22.52-crore apartment in Mumbai
The Mumbai real estate market has reported several high-value transactions in 2023. More than 1.04 lakh property registrations have been reported in the first 10 months of 2023.
BUSINESS
Mumbai air pollution: Supply chain issues may crop up if heavy vehicles are banned from entering city, says Macrotech Developers
Mumbai air quality: Macrotech Developers said that it is largely compliant with the BMC's air pollution guidelines.
BUSINESS
5 reasons why Mumbai's real estate market is glittering this festive season
Mumbai real estate update: One of the reasons is that this Navratri was significantly better for the Mumbai real estate market, with a 37.4 percent jump in registrations compared to the last one.
BUSINESS
Pune real estate: Bajaj Finserv Health leases 97,000 sq ft of office space for a rent of Rs 72 lakh per month in Mindspace Business Parks
The tenure of the lease is five years and the lock-in period is three years.
BUSINESS
MahaRERA imposes Rs 2.75 lakh penalty on Homesfy Realty for advertising projects without QR code
All the six projects promoted by the real estate channel partner, also known as real estate agent or consultant, are located in the Mumbai real estate market.
BUSINESS
Mumbai real estate: Amid festive season, property registrations in October surge 21% to 10,244
With the festive season kicking in from Navratri, revenue from Mumbai property registrations rose 11 percent to Rs 809 crore in October, according to official data.
BUSINESS
Explained: Is Mumbai’s rising air pollution level due to increased construction activity?
The rise in air pollution levels in Mumbai has turned worrisome for the authorities, with even the Central government writing to the Maharashtra government expressing concern over the same.
BUSINESS
Mumbai air pollution: BMC orders Prestige Group to stop work for 'flouting' guidelines
The Prestige Group said it will ensure that the actions suggested by the authorities are followed.
BUSINESS
Mumbai air pollution: 5 real estate micro markets homebuyers should watch out
Moneycontrol looks at five micro markets in the financial capital that investors may want to avoid due to bad air quality.
BUSINESS
MC Explains: Will real estate prices in Mumbai drop following government's decision to cut premium charges?
The Maharashtra government last week said that it is considering a reduction in premiums paid by developers in the Mumbai real estate market. However, experts opine that developers should pass on the benefit to homebuyers to enhance affordability.
BUSINESS
Mumbai real estate update: Property registrations cross 1-lakh mark in 2023
In calendar year 2022, 1.22 lakh property registrations were reported in Mumbai. In 2023, there is an anticipation of a 5 percent increase in the number of property registrations, according to experts.
BUSINESS
Mumbai air quality: BMC issues pollution control guidelines to 6,000 construction sites
Climate change is hurting the air quality in Mumbai. All construction sites have been ordered to remain covered or face a stop-work notice, said the BMC.
