PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Maharashtra Takes Back 38 Sq Km Land Given On Lease To Private Entities

Loading video...

Description

Realty News Weekly Roundup is PropGuide’s selection of top stories from the real estate sector.

The Maharashtra government told the Bombay High Court that it had taken back over 38 sq km of land given on a lease or occupancy basis to private entities following breach of terms of allotment. An affidavit by the Department of Revenue and Forests states that nearly 1,513 sq km was allotted to 81,141 entities and 5,119 cases were reported in which land was being misused. 

Work on the ambitious 22-km Mumbai Trans Harbour Link (MTHL), which will link Mumbai with Navi Mumbai, is expected to begin by the end of this financial year. As many as 20 companies, including Reliance Infra and L&T, have submitted bids for the Rs 17,500-crore project. 

In a relief to 400 families at Kalyan near Mumbai, the Bombay High Court stayed an order issued by the Kalyan-Dombivli Municipal Corporation (KDMC) commissioner for cancellation of development permission granted in 2002 for a large residential complex. The civic body had acted on a complaint made by an RTI activist, accusing the developer of violating the Urban Land Ceiling Act.

Source: Media reports

Tags: Mumbai, Mumbai Trans Harbour Link, Video, Maharashtra, Bombay High Court


Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

How A Swedish Touch May Help Maharashtra’s Smart Cities Get Smarter

Sweden has offered Maharashtra its assistance in developing its smart cities. PropGuide examines Sweden's SymbioCity model and how it may help building smart cities in Maharashtra.

November 20 2015

+ Click Here To Read This Article

Why Real Estate Is So Expensive In Mumbai

In India’s most prosperous city, half the population live in slums. In Savills' top 12 most expensive cities in the world, Mumbai was the cheapest city to live in. Yet, why is real estate in Mumbai the most expensive real estate is the world?

May 18 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: HUDA To Auction Plots in Gurgaon Every Tuesday

Here are today's top news stories from the real estate sector.

October 03 2016

+ Click Here To Read This Article

Unsold Inventory: Learnings From PropTiger Q2 Report FY'16

Unsold inventory in major Indian cities have been declining, quarter by quarter.

November 10 2015

+ Click Here To Read This Article

Bandra-Worli Sea Link At Different Hours Of The Day [Photos]

PropGuide takes you through the Bandra-Worli Sea Link in pictures.

November 06 2015

+ Click Here To Read This Article

Jacqueline Fernandez Shows The Way To Buying Luxury Apartments in Mumbai

Mumbai is no longer a just a city of dreams; it is the city of dream homes! The Sri Lankan star sure knows how to find luxury apartments in the city that is also home to Bollywood.

July 10 2015

+ Click Here To Read This Article

Why Is Sonam Kapoor's New Home The Talk Of The Town?

Sonam Kapoor is the latest in the line of Bollywood actors who yearn to move out of their parents’ homes.

June 29 2015

+ Click Here To Read This Article

Here are the top stories of the week from the real estate sector.

Here are today's top news stories from the real estate sector.

The Rapid Metro is the world’s first fully privately funded metro rail system developed by IL&FS...

After revisions in the draft rules of the Real Estate (Regulation & Development) Act, 2016,...

New projects, numerous options, and reputed developers, make these five localities ideal for...

If the demands of the Chief Minister Yogi Adityanath-led state government are met, the road for...

Here is a checklist of documents required for buying a property. While some of these documents have...

Though Bahadurgarh real estate market doesn't look bright yet, there are key drivers that can help...

A building code is a set of norms that govern construction of buildings by stipulating minimum...

PropGuide simplifies complex real estate jargons for you.

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top