Navi Mumbai Real Estate News

News articles about Real Estate

Extra FSI approved for Mumbai\’s Koliwadas

The chief minister, Mr.Chauhan, on friday cleared the proposal to hike FSI (floor space index) of Koliwadas of Mumbai to 2 from 1. This is on similar lines to the FSI in Gaothan areas. However, unlike Gaothan areas, Koliwadas have not been mapped and hence a mapping drive will also be undertaken. The Survey will be carried […]

Navi Mumbai Real Estate News

Sheth developers split due to family dispute

Splitting of familyrun real estate businesses appears to be a growing phenomenon . The three low-profile brothers of the Rs 3,000-crore Sheth Developers Pvt Ltd (SDPL) have reportedly split and the separation is said to have been amicable. Industry sources said the parting was a result of differences in business vision of the three brothers-Ashwin

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Mhada Repair Scam

Maharashtra Housing and Area Development Authority (Mhada) officials and private contractors are hand-in-glove in a Rs100-crore scam concerning repairing tenders of cessed buildings, a Right to Information Act (RTI) query has revealed. Contractors try to grab the tenders by quoting prices as less as 80% to 90% below the estimated cost of repair. However, once

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