Mumbai: Former Maharashtra Chief Minister Ashok Chavan, who had to step down from the position in November 2010 following Adarsh controversy, has been asked to appear before the commission next Wednesday. The two-member commission, headed by a former B…
Archive for the ‘Mumbai’ Category
Adarsh scam: Ashok Chavan asked to appear before commission
Posted by propertyagentsindia on May 19th, 2012
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No takers for 11 lakh sq ft office space in Mumbai’s property market
Posted by propertyagentsindia on May 19th, 2012
MUMBAI: Amid uncertain global economic sentiments and rising borrowing costs, there is some good news for tenants looking to lease office space in Mumbai. Probably for the first time in Mumbai’s commercial property market, there are no takers for…
Petition seeks BMC to implement property tax ULB level reforms
Posted by propertyagentsindia on May 17th, 2012
Mumbai: A Thane-based political party has approached the Bombay High Court seeking direction to the Brihanmumbai Municipal Corporation (BMC) to implement the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) property tax Urban Local Body (ULB) l…
Petition filed in HC seeking implement property tax ULB level reforms
Posted by propertyagentsindia on May 17th, 2012
By Accommodation Times Bureau
Mumbai: The Bombay High has received a petition following to seeking to the Brihanmumbai Municipal Corporation (BMC) to implement the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) property tax Urban Local Body (ULB) level reforms filed by the Thane based political party.
The petition has been filed by Rajendra Phanse, general secretary [...]
MoEF taking too much time to clear high-rise projects: CM
Posted by propertyagentsindia on May 15th, 2012
By Accommodation Times Bureau
Mumbai: On this Monday Chief Minister Prithviraj Chavan expressed this concern over the pending proposals waiting for environmental clearance for high-rise project across the city. In an media conclave Prithviraj Chavan said, “It has been observed that the Union ministry of environment and forests (MoEF) has been taking so much time to [...]
Mumbai realty sales plunges by 9% Mar2011- Mar12, survey report
Posted by propertyagentsindia on May 15th, 2012
By Accommodation Times Bureau
Mumbai: Mumbai’s realty market is not doing well over the past year, whereas slowdown is till continue in the current fiscal year. According to the property market research report says market has witnessed of negative growth of 9.1% in the first quarter of 2012.
Recently, the Knight Frank Prime Global Cities Index survey [...]
Mumbai’s residential mkt shows negative growth
Posted by propertyagentsindia on May 14th, 2012
New Delhi: The residential market in Mumbai showed a negative growth of -9.1% during March 2011–2012, according to the latest Knight Frank Prime Global Cities Index, which compares the performance of prime sales markets across key global cities. The …
Affordable housing to soon become reality
Posted by propertyagentsindia on May 14th, 2012
With Chief Minister Prithviraj Chavan approving the joint venture policy for the Maharashtra Housing and Area Development Authority (MHADA) this week, the construction of at least a lakh affordable houses is expected to take off in the peripheral areas…
‘Shapoorji Pallonji, arrested man did biz’
Posted by propertyagentsindia on May 12th, 2012
MUMBAI: The Anti-Corruption Bureau (ACB) of the Maharashtra Police claims it has found evidence of business transactions of Rs 258 crore between real estate giant Shapoorji Pallonji Company Ltd (SPCL) and the suspended Maharashtra Housing & Area De…
Reader’s Query
Posted by propertyagentsindia on May 11th, 2012
Expert Advice: Alka Kaushal, Associate Venture Partner – IncuCapital
1) I live in Co-op. Housing Society and the flat belongs to my mother, legally she is the member of society. My query is if my mother issues a power of attorney on my name, am I allowed to attend meeting of society and can I question [...]
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