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Firms shortlisted for Navi Mumbai airport say it will take 6 yrs to build

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The Navi Mumbai international airport may miss its 2019 deadline with three of the qualified bidders raising questions about the timeline and cost overruns involved in executing the Rs 16,000-crore project. RESETTLEMENT – 1-2 YEARS Around 3,500 families or 10,000 people live on the 1,160 hectares between Panvel creek and Karnala hills proposed to be used for new airport s ... Read More »

1st phase of Seawoods-Uran rail route ready, trains to run by July

The first phase of the much-delayed SeawoodsUran railway route has finally been completed. The project had remained on paper for years. After regular follow-ups by Cidco with the railways, the work on the project finally began in June 2012. Ten railway stations were proposed to be built on the route along with 15 tunnels, 78 small nullahs and four bridges. ... Read More »

Godrej Greens-coming soon in Undri, Pune.

Godrej Greens going to develop soon with spacious homes and numerous features. The project encompasses the quick access to the key number of public transports services of the real-time such as Monorail, Metro railway, fastest road transports, and air transport services, etc. Godrej Greens Undri comprises of 2 and 3 BHK sets of residential spaces. These residential spaces are planned to ... Read More »

विदेशी मुद्रा भंडार रिकॉर्ड ऊंचांई पर, 371 अरब डॉलर से अधिक

देश का विदेशी मुद्रा भंडार 9 सितंबर को खत्म हफ्ते में 3.513 अरब डॉलर बढ़कर 371.279 अरब डॉलर हो गया जो इसका अब तक का उच्च स्तर है. भारतीय रिजर्व बैंक के आंकड़ों के अनुसार पूर्व सप्ताह में विदेशी मुद्रा भंडार 98.95 करोड़ डॉलर बढ़कर 367.76 अरब डॉलर हो गया था. विदेशी मुद्रा भंडार में यह बढोतरी इस बात का ... Read More »

The loan tenure affects your EMI and eligibility

Guidelines regarding home loans and tips to verify if a property is already mortgaged or not All financial institutions are offering plain vanilla home loans, which has the reducing balance methodology for EMI/ interest calculations. Many of them have two-year fixed, flexiloans or even home loan overdraft. A husband-wife will always get higher eligibility than a father-son combination because of ... Read More »

RERA to boost transparency but leads to a low project-launch turnout

Fewer homes will be registered since developers will wait to see how the new norms pan out India’s Real Estate (Regulation & Development) Act (RERA) will boost transparency, discipline, and accountability in the property market. The Act entails a near-term drop in new project launches as fewer projects will be ready for registration; it will deter entry by smaller players ... Read More »

Mortgages always make more sense!

A home loan has multiple uses right from the basic property purchase itself to debt consolidation and funding your business or personal needs as well   When you purchase or own a property, it is a concrete asset with multiple benefits. In times of financial crisis or any personal emergency, this asset can be leveraged to raise funds and that ... Read More »

NMMT to acquire 12 electric buses as part of its eco-friendly initiative

The civic transport body is planning to get buses that operate on electricity as a part of its Eco-friendly initiative. Navi Mumbai Municipal Transport (NMMT) has already submitted a proposal to acquire 12 electric buses, each estimated to cost up to Rs 2.5 crore, under Center’s FAME India Scheme . A civic official said that FAME India is part of ... Read More »

MAHARASHTRA A STEP CLOSER TO GETTING A HOUSING REGULATOR

70% of the amount realised for a real estate project will have to be deposited in a separate account, to be maintained in a scheduled bank, towards land and construction costs The BJP-led government in Maharashtra has formulated the draft Maharashtra Real Estate(Regulation and Development) (General) Rules 2016. This paves the way for formation of the Real EstateRegulatory Authority (RERA) ... Read More »

A LUXURIOUS PROJECT THAT RAISES THE BENCHMARK IN EXTRAORDINARY LIVING

Bhairaav Group is striding ahead by developing residential and commercial properties that would redefine the city’s skyline Eden, South Mumbai’s iconic residential tower at Marine Lines, Bhairaav Milestone, Industrial at Wagle Estate at Thane, Bhairaav Blossoms at BKC and residential project at Bhandup East. Ethos of Bhairaav Group is driven by the pursuit of perfection and consummate attention to detail ... Read More »