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Start small when you buy your first house

Owning a house is on the wishlist of most people. This wish, however , can lead to trouble, if finances need to be stretched to fulfil it. But postponing the purchase till one accumulates the necessary funds can also be costly. So, what does one do? Well, there ‘s a third option : affordable housing . A starter home-affordable, smaller ... Read More »

NMMC plans Rs 5.50 crore facelift to make Palm Beach Rd Most Beautiful in MMR

To beautify the Palm Beach Road, NMMC has decided to develop a separate irrigation system road. The civic body will develop small gardens on both side of the road to make it look more attractive and green. Also a variety of trees will be planted between the dividers. The civic body has set aside Rs 5.50 crore for the project ... Read More »

Panvel Civic body starts compiling property tax

The Panvel civic body has started compiling data of property owners to collect property tax. The housing societies have been served with forms to fill in property related information such as property owner’s name , shop’s name , tenant and rent details, size of flat and contact details. The PCMC general body has already approved a proposal to impose property ... Read More »

BKC to Chunabhatti commute to get 3 km shorter by July end

Motorists will soon be able to travel from Bandra Kurla Complex to Chunabhatti on the Eastern Express Highway from July-End. This week , the Mumbai Metropolitan Region Development Authority (MMRDA) completed a crucial phase for 1.6 km project and launched six girders above the tracks near Sion and Chunabhatti. The work was undertaken in blocks alloted by the Railways between ... Read More »

Council gives builders 2 GST rate options

The goods and service tax council on Tuesday approved a transition plan for the implementation of new tax structure for under construction residential property in the country. It also gave an option to the builders of the ongoing project to shift to new rates without income tax credit or continue with old tax rates. The ongoing projects have been defined ... Read More »

Two 3coach metro trains arrive at Taloja Depot

Two trainswith three coaches each, meant for Navi Mumbai Metro , have reached at Pendhar Metro terminal at Taloja on Saturday. This will be followed by assembling of parts at depot . Testing will be conducted on trains in the next four to five days at the terminal. Three more metro trains are expected to arrive in May and the ... Read More »

Kalyan Dombivli gets its biogas plant ; 3 morein pipeline

The Kalyan Dombivli Corporation on Saturday completed work its third biogas plant,which ahs the capacity to treat 10 metric tonnes of waste,at Barave in Kalyan. However , it can only be used once waste segregation is implemented in the city. The proposal to build the biogas plants was first proposed in May 2016, after a fire broke out a Andharwadi ... Read More »

Bids invited for Mumbai-Ahemadabad bullet train project

The National High Speed Rail Corporation has invited bids for a 237-km portion of the Ahmadabad-Mumbai bullet train project , which is the biggest ever contract for civil construction in India. Only a handful of Indian Infrastructure majors such as L&T and AFCON can bid such a huge project and they would also need to have joint venture with japanese ... Read More »

Ready reckoner rates to remain unchanged this year

For the second consecutive fiscal, ready reckoner rates in Maharashtra will remain unchanged in 2019-20. Revenue department officials  said the decision was taken at a meeting ahead of the announcement of the Lok Sabha election schedule on March 10 and implementation of model code of conduct. They said the decision was a regular procedure and would not come under the ... Read More »

Panvel ST depot to get Rs 230 crore makeover

The MSRTC plans to shut down the Panvel bus depot for two years in order to undertake renovations there. In the meanwhile , services will operate from the nearby bus depot at Panvel Railway station. The renovation of Panvel depot has been pending for a long time and MSRTC deadlines for the project have been postponed more than once. Officials ... Read More »