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Home Loan- 5 facts you need to know while buying your dream home

home loan

Home buying is a big decision and involves a huge sum of money. So, if you are planning to buy your home, it is always wise to apply for a home loan. There are various parameters to calculate your home loan eligibility like age of applicant, income, credit status, CIBIL Score, financial background, loan amount and tenure of loan etc. ... Read More »

MahaRERA likely to take control of slums and MHADA buildings

Redevelopment of slums and MHADA buildings which until now had become synonyms with delays and developer apathy may soon become a lot smoother. In a move with far- reaching implications, the government has planned to bring such issues under the purview of housing regulator MahaRERA. Once implemented, it is expected to tighten the noose on unscrupulous developers and positively impact ... Read More »

Highway Ministry targets to collect 50% toll charges

The Road Transport and Highways Ministry has set a target to collect 50% of daily toll charges through FASTag and other electronic means. Currently, only 20% of this is collected through RFID (radio frequency identification) card or FASTag, which enables automatic deduction of toll charges. Starting April, all toll lanes across the country will be hybrid, allowing users with RFID ... Read More »

Ready Reckoner rates rise as stamp duty to go up in coming April

Ready Reckoner rates will see an average hike of three to five percent this year. This means property buyers will have to pay an increased stamp duty. In certain cases, the hike will be upto 8%. The ready reckoner for financial year 2018-19 will be released on April 1 with immediate effect. In the year 2016-17, ready reckoner rates were ... Read More »

Better connectivity of Metro to help you reach new airport without difficulty

The metro corridor will be jointly executed by MMRDA and City Industrial Development Authority (CIDCO). The dedicated airport line will be partially underground from the Mumbai international airport. It will be underground for about 8 km from the Mumbai airport and will surface at Mankhurd and go on as an elevated route up to the Navi Mumbai Airport. The estimated ... Read More »

Thane- Belapur road to get four bridges: NMMC

The busy Thane- Belapur road, which has seen many accidents, will get four foot overbridges. The Navi Mumbai Municipal Corporation (NMMC) has decided to build four foot over- bridges- two at Turbhe and one each at Rabale and Digha. In Turbhe, the first bridge will be developed near the railway station at a cost of Rs. 2.5 crore. The second ... Read More »

25 Hybrid electrics to be launched today by CM , AC bus travel returns after a year

After being taken off the road last April, AC buses are back. On Friday, state chief minister Devendra Fadnavis will launch 25 hybrid-electric AC buses procured by the MMRDA at a cost of Rs 1.7 crore each for the BEST. The hybrid-electric AC buses will run services from Bandra-Kurla Complex (BKC) to Borivli, to Mulund, to Thane, and to Kharghar ... Read More »

NMMC area residents can transfer property without paying Transfer fee

Chief minister Devendra Fadnavis has, on Tuesday, agreed to approve Cidco‚Äôs comprehensive proposal to waive off all charges like transfer, mortgage, change of use, besides NOC. He has also given a green signal to extend the lease term of property to 99 years as against the existing 60 years leasehold for the land in NMMC area after payment of one ... Read More »

NMMC to install traffic signals at three junctions

The Navi Mumbai Municipal Corporation (NMMC) will soon install traffic signals at three crowded junctions to streamline vehicular movement and curb traffic snarls during peak hours. The spots selected for the new signals are Kalash Udyan Junction, Varistha Hotel Chowk both along Vashi- Koparkhairne internal road and Reliance Plaza at Airoli on Thane- Belapur road. The NMMC has finally approved ... Read More »

London firm Zaha Hadid to design Navi Mumbai Airport

The GVK led Navi Mumbai International Airport Pvt Ltd. announced that it has appointed Zaha Hadid Architects (ZHA) to design the Navi Mumbai International Airport’s Terminal 1 and ATC tower. The London- based firm, that has a portfolio of over 950 projects across 44 nations, was selected on completion of an intensive 12 week fast track design competition among the ... Read More »