real estate news
NMIA Launch Fuels Real Estate Boom in Navi Mumbai
The announcement of the Navi Mumbai International Airport (NMIA) launch has sparked optimism among developers, who anticipate a significant boost to the city’s real estate market.
Real Estate
Bengaluru Real Estate Operator Murder: Police Search Properties of Businessman Tied to Gangster
The Karnataka Police conducted searches at properties linked to a former gangster-turned-businessman, advocate, and film producer in connection with the July 15 murder of a real estate operator in Bengaluru.
Real Estate Maharashtra
City Mourns as Extortion-Induced Suicides Spark Outrage and Crackdown
The arrest of a moneylender follows the tragic suicides of a businessman, his wife, and their infant son, along with another man allegedly driven to take poison due to harassment.
Real Estate Mumbai
Navi Mumbai Aerocity: A 667-Acre Development Near NMIA
The Navi Mumbai Aerocity, a 667-acre development near the Navi Mumbai International Airport (NMIA), is set to transform the region into a major aviation hub. The project, led by CIDCO, will include transaction advisory services and is expected to boost real estate and urban development in the Mumbai Metropolitan Region.
Real Estate Mumbai
CIDCO's 667-Acre Aerocity Plan Gains Momentum as Navi Mumbai International Airport Prepares for Launch
As the Navi Mumbai International Airport gears up for its operational launch in September, the City and Industrial Development Corporation (CIDCO) is fast-tracking plans for a 667-acre Aerocity. The project aims to develop around 123 acres each for residential, commercial, and retail spaces, alongside other essential facilities.
Real Estate Mumbai
Hafeez Contractor's Luxury Flats in Navi Mumbai Offered at a Bargain to State Officials
CIDCO has launched a ₹610 crore tender for Maha Nivas, a luxury housing project in Navi Mumbai, exclusively for top officials at half the market rate.
Real Estate
Mixed Reactions as Nerul Plot Prices Soar to ₹7.65L per Sq. m
City developers express mixed reactions to the astronomical rise in bid prices for Nerul plots, with some anticipating a rise in flat prices and others confident in maintaining stability.
Real Estate Mumbai
Mixed Reactions as Nerul Plot Prices Soar to ₹7.65L per Sq. m
The bid price for four Nerul plots facing Palm Beach Road has reached ₹7.65 lakh per square meter, drawing mixed reactions from the Navi Mumbai builders' community. Developers are closely monitoring the impact on project costs and market dynamics.
Real Estate Mumbai
Navi Mumbai's Real Estate Market Soars: Four Cidco Plots in Nerul Sold for Rs 7.65 Lakh per Sq Metre
Four Cidco tender plots in Nerul, Navi Mumbai, were sold to Parth Life Spaces realty group for a record-breaking price of Rs 7.65 lakh per sq metre. While the upcoming Navi Mumbai International Airport is a driving factor, concerns arise about the affordability for the working class.
Real Estate Pune
What Caused the 25-Vehicle Pile-Up on Mumbai-Pune Expressway?
A massive 25-vehicle pile-up on the Mumbai-Pune Expressway resulted in one death and 18 injuries. The accident was caused by a container trailer's brake failure on a steep stretch of road near the Adoshi tunnel.
Real Estate Pune
Tragic Mishap on Mumbai-Pune Expressway: Truck Collides with 20 Vehicles, One Fatality
A speeding container trailer truck collided with at least 20 vehicles on the Mumbai-Pune Expressway, resulting in one death and 18 injuries. The accident, which occurred near the Adoshi tunnel, has caused significant traffic disruption and raised concerns about road safety.
Real Estate Pune
Tragic Pile-Up on Mumbai-Pune Expressway: 1 Dead, 20 Vehicles Involved
A massive collision involving 20 vehicles on the Mumbai-Pune Expressway has resulted in one fatality and 18 injuries. The incident, triggered by a speeding container truck with brake failure, led to significant traffic jams.
Real Estate Mumbai
Tragic Death of Woman Lawyer in Road Accident on Pune-Mumbai Highway
A woman lawyer, Apeksha Thorat, 26, was killed in a tragic road accident on the old Pune-Mumbai highway near Dapodi Metro station. Her father, an ex-serviceman, lodged an FIR at the Dapodi police station.
Real Estate Mumbai
No NOC Required to Sell Flats in Mumbai on Government or Civic Land
The Maharashtra Department of Stamps and Registration has clarified that developers do not need a No-Objection Certificate (NOC) from government agencies to sell or transfer flats built on land owned by agencies like MHADA, CIDCO, and MIDC. This move aims to streamline the property registration process and boost revenue.
Real Estate Maharashtra
Tragic Accident: Woman and 4-Year-Old Boy Killed by Truck in Bhiwandi, Thane
A tragic accident in Bhiwandi, Thane district, left a woman and a four-year-old boy dead after they were hit by a speeding truck near a hospital. The incident has sparked a thorough investigation by local authorities.
Real Estate Pune
Pune: Father Murders Son in Fursungi After Drunken Altercation, Police Make Arrest
A 59-year-old man from Fursungi, Pune, has been arrested for allegedly murdering his 35-year-old son in a violent altercation fueled by alcohol. The incident has left the community in shock.
Real Estate
Hyderabad Real Estate Developer Takes His Life Amid Financial Woes
A 47-year-old real estate developer in Hyderabad ended his life by hanging himself in his flat in Injapur, reportedly due to financial distress caused by a slump in his business.
Real Estate Mumbai
Navi Mumbai Plots Now Eligible for Freehold Conversion
The City and Industrial Development Corporation (CIDCO) has introduced a new policy allowing Navi Mumbai plots to be converted to freehold. This move eliminates transfer fees for subsequent property transfers, enhancing housing rights and property ownership in the region.
Real Estate Maharashtra
Ulwe Residents Cry Foul Over CIDCO's Water Crisis
As Ulwe, a burgeoning residential and infrastructure hub near the upcoming Navi Mumbai International Airport, faces frequent water cuts and poor water quality, residents are growing increasingly frustrated with CIDCO's lack of preparedness and support.
Real Estate Mumbai
Navi Mumbai's CIDCO Paves the Way for Freehold Property Ownership
The City and Industrial Development Corporation (CIDCO) in Navi Mumbai has introduced a groundbreaking policy to convert leasehold residential plots to freehold status. This move is expected to boost property values, simplify property transfers, and attract more investments to the city.