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LATEST NEWS & HAPPENINGS

Navi Mumbai: The Rise of Planned Infrastructure and Birth of a City

The satellite city has been flourishing since its inception due to a robust growth in residential, commercial and industrial real estate. Navi Mumbai was the brainchild of Adi Kanga, a civil engineer...

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Navi Mumbai Metro Inches Closer to Reality

A Metro train trial conducted at Taloja yard recently. It ran for 3km till Pendhar. Cidco said the first phase would be ready by August 2020. The first phase of 11.10 km will start from Belapur Railway Station and end at Pendhar near Taloja...

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Mumbai's Trans Harbour Link 75-tonne Segment Finished

The pre-cast segment casting, a precursor to the super structure of Bridge Deck Construction for Mumbai Trans Harbour Link, was completed on Friday. This will be India's longest water bridge...

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RBI rate cut: Measure expected to boost demand for affordable housing

The real estate sector has welcomed the Reserve Bank of India (RBI)’s decision to reduce the repo rate by 35 basis points to 5.4 per cent in the August policy review - as the measure is expected to boost...

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Realty Appreciation in MMR’s Raigad Outpaces Mumbai and Thane

Infra projects worth over INR 100,000 Crore under development planning. Navi Mumbai international airport to propel commercial demand. At 120 hectares, Raigad’s upcoming Corporate Park twice the size of BKC...

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Now, flats smaller than 500 sq ft need not pay property tax!

The Maharashtra government on Friday decided to completely waive property tax on residential units up to 500 sq ft located within the Mumbai municipal area limits. Residential units between 501 sq ft and 700 sq ft...

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Reliance Realty To Build Fintech Centre in Navi Mumbai

Anil Ambani's Reliance Realty has received the Maharashtra government's final clearance to develop a 30-million sq ft smart fintech hub at Dhirubhai Ambani Knowledge City (DAKC), located in Navi Mumbai...

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Coming up: A city bigger than Navi Mumbai

The state government is planning the third planned city in Raigad district Navi Mumbai and Navi Mumbai Airport Influenced Notified Area (NAINA). The city will come up on the banks of Kundlik river in four talukas over 19,147 hectares area...

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RBI Cuts Interest Rate By 0.25%, Home Loan Instalments To Drop

This is definitely a good news for the #realestate industry. The move will not just enhance liquidity in the economy but also boost investments and give the economy a positive growth phase...

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Panvel station to undergo major facelift

Panvel is the last suburban railway station on the Harbour line, but in the coming years, it is expected to become as important as Dadar...

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Nerul-Seawoods-Uran rail line commissioned

A new suburban corridor on the Central Railway (CR) was inaugurated, linking Nerul and Belapur in Navi Mumbai...

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Karjat-Panvel corridor gets a boost

The Maharashtra State government has decided to fast-track the proposed suburban railway corridor between Karjat and Panvel...

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