Mumbai has approved over 800 skyscrapers since 2008, mostly in Central Mumbai's former mill lands. The High-Rise Committee evaluates their impact on infrastructure and environment.
MumbaiReal EstateSkyscrapersHighrise CommitteeFloor Space IndexReal Estate MumbaiSep 28, 2024
The HRC is a panel of experts that examines development proposals for tall buildings and assesses their overall impact on infrastructure and environment.
FSI is a measure of the ratio of the total floor area of a building to the area of the plot on which it is built.
Over 800 high-rise buildings have been approved in Mumbai since 2008.
The G-South ward, encompassing Worli, Prabhadevi, Mahalaxmi, and Lower Parel, has the highest number of skyscrapers in Mumbai.
Experts caution that rapid vertical growth, fueled by the government's lenient policies on FSI, raises pertinent questions about the city's ability to cope with the unrelenting construction activity and its impact on the environment and infrastructure.
ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group, has partnered with Sotheby’s International Realty to launch a Rs 10 billion luxury real estate fund in India.
PANAJI: The real estate market in Goa is witnessing a dynamic shift, driven by various economic and policy changes. From residential to commercial properties, the sector is seeing significant investments and development.
In a significant move, Rishabraj Developers has acquired 3.84 acres of prime land in Borivali, Mumbai, for ₹539 crore. This strategic acquisition underscores the growing interest of real estate developers in the western suburbs of Mumbai, a rapidly developing area with immense potential.
Anant Raj, a leading real estate company, saw its share price surge by 3.74% on Friday, December 20, 2024, following the initiation of a 'Buy' rating by Motilal Oswal Securities. The positive outlook has investors optimistic about the company's future per
According to Knight Frank, housing sales in 2024 rose by 7% annually to hit a 12-year high, with a total of 3,50,613 units sold across eight major Indian cities.
The real estate market in Mumbai witnessed a 22% year-on-year increase in property registrations for October 2024, with a notable surge in high-value transactions. Properties priced below Rs 50 lakh saw a decline in registrations, illustrating a shift tow