Residents of Chembur are raising the alarm over the rampant encroachment by garages and garbage sorters, which is rapidly taking over the roads and public spaces in the area. The local community fears that this is just the first step towards further land
EncroachmentChemburMumbaiPublic SpacesReal EstateReal Estate MumbaiNov 09, 2024
The main issue facing residents in Chembur is the rampant encroachment by garages and garbage sorters, which is taking over roads and public spaces, leading to traffic congestion and environmental degradation.
The encroachment poses serious safety risks, including traffic congestion that makes it difficult to navigate through the area and potential dangers for pedestrians, especially children, who have to navigate through crowded and poorly maintained areas.
The encroachment is driving away customers from local businesses due to the traffic and mess, leading to a decline in customer footfall and economic impact.
The BMC is responsible for managing public spaces in Mumbai and has launched occasional drives to remove encroachments, but the efforts have been sporadic and ineffective. A sustained and comprehensive approach is needed.
The residents of Chembur are calling for a multi-pronged approach to address the encroachment problem, including stricter enforcement of existing laws, better planning, and more community involvement.
Puravankara Ltd acquires redevelopment rights for Miami Apartments in Breach Candy, South Mumbai, marking its entry into the high-end real estate market. Property rates in the area are estimated at ₹1,25,000-1,40,000 per square foot.
If you're planning to invest in residential plots in Bengaluru, it's crucial to consider factors like location, developer reputation, and available amenities. This guide will help you make informed decisions.
Global real estate consultancy Knight Frank recently released its Prime Global Cities Index Q4 2024, which highlights the surge in luxury home prices. Two Indian cities, Delhi and Mumbai, have made it to the top 10 list. Read the details.
DLF Ltd, one of India's leading real estate developers, has unveiled a massive Rs 20,000 crore investment plan aimed at bolstering its commercial property portfolio, including office and retail spaces.
Gera Developments, a leading real estate developer in India, has seen its credit rating outlook upgraded to 'Positive' by ICRA, making it the only private developer with an AA-rating. This significant achievement reflects the company's robust financial he
The Supreme Court has ordered the Central Bureau of Investigation (CBI) to probe the alleged unholy nexus between builders and bankers in the National Capital Region (NCR) housing projects. This move comes amid rising concerns over real estate corruption and financial irregularities.