real estate

NMMC General Body clears 2.5 fsi for redevelopment in Navi Mumbai

2.5 FSI resolution of NMMC : How politicians and corporators collude to fool people who are ignorant of laws and rules.

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New Property tax system unfair to old buildings?

MUMBAI: Despite the claims of the civic body on having transparency and parity in the new capital value-based property tax system, citizens seem unhappy at the development. They feel that while a handful of new buildings that have come up after 2005 will benefit from the new system, several old structures will face a high

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Govt falters on 5 lakh affordable houses scheme

Tomorrow, it will be exactly two years since Maharashtra Chamber of Housing Industry (MCHI) and the state government inked a Memorandum of Understanding (MoU). The intent was to develop five lakh affordable homes in Mumbai and the Mumbai Metropolitan Region (MMR). However, in a recent statement, MCHI has claimed that nothing has been accomplished in

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