The Dharavi Redevelopment Project (DRP) was foreseen by NRI architect Mukesh Mehta in 1995. The DRP was approved by the Maharashtra government in 2004. The Dharavi Notified Area (DNA), a sort of triangular area of land that hides a massive 525 acres of high terrain, is now slated for redesign by the DRP. But during the subsequent sixteen years, it was noticeable how frequently the DRP’s pace picked up and weakened.… Read more
List of Smart City in India 2022
- Bhopal
The smart town Bhopal was given the top spot in the most recent assessment for 2022 by the Union Ministry of Housing and Concrete Affairs. It is the nation of Madhya Pradesh’s capital, and it is home to around 2.5 million people. Aside from that, it’s regarded as one of India’s greenest towns. For the intelligent town program, they have already completed sixty-eight activities and received investments totaling over seven hundred crores.… Read more
All to know about Chambal Expressway
Nitin Gadkari, the Union Minister for Road Transport and Highways and MSME evaluated the planned Chambal Expressway project through video conferencing on July 4, 2020. Shivraj Singh Chauhan, the chief minister of Madhya Pradesh, Narendra Singh Tomar, the minister of agriculture, and BJP representative Jyotiraditya Scindia were all present on this occasion.… Read more
Supertech Twin Towers Demolished
The residential twins’ Apex and Ceyane in Noida were destroyed. In the early hours of Sunday, a 9-year-long battle has put to an end in just 9 seconds, and to bring those Supertech towers tumbling to the earth, just 3,700 kg of detonators were required. In the area of Sector 93A in Noida, Uttar Pradesh, tall, dense clouds of dust from the skyscrapers have covered the skies. A large number of police officers are assigned to the area to ensure public safety while experts assess the area’s post-demolition situation. The two structures in Noida had been demolished because manufacturing laws had been broken.… Read more
All you need to know about Sports Township
The development of sports townships in India has been sparked by the demand for an inclusive residential community with sports facilities. But how do such townships differ from more traditional housing programs, and what services do they provide prospective homeowners?… Read more
Common real estate regulations and guidelines in India
Buying a house may be difficult, particularly for first-time buyers. There are several technical procedures to fulfil, and the terminology used is riddled with legalese and jargon, further complicating matters. Allow us to demystify the method and give a simple explanation of Indian real estate rules.… Read more
Is real estate beneficial or detrimental to Indian manufacturing and ‘Make in India’?
The sluggish tempo of manufacturing expansion in India is frequently criticised. Many claims that, despite sufficient purchasing power, resources, technical know-how, and funding accessibility, we are unable to compete with nations such as Vietnam or Bangladesh in terms of manufacturing sector growth. Some even blame the real estate sector for India’s slow manufacturing progress. This poses numerous critical issues:… Read more
Top Indian cities with growing real estate values!
According to a combined effort by the real estate group CREDAI and domain specialists Colliers and Liases Foras, home prices have exceeded pre-pandemic levels and are rising because of increased demand and growing building material prices. Below are the top eight cities with the highest increases in real estate prices. (Photo courtesy of Shutterstock)… Read more
The National Green Tribunal Has Stayed The CIDCO Sale Of A CRZ Site In Navi Mumbai.
The National Green Tribunal (NGT) suspended the auction of the 25,138.86 sq m Seawoods tender plot 2A with obvious impact. The land adjoins the NRI complex at Seawoods, Navi Mumbai, and is part of the CRZ-1A and CRZ-II zones. After hearing applications from two parties, the Western Zonal Bench of the NGT directed CIDCO to halt the competitive bidding.… Read more
Why is now the perfect moment to invest in Mulund commercial real estate?
Inflation is one of the most important financial threats that the entire globe is now experiencing, and India is not immune. In an inflationary environment, it is difficult to find an asset class that can outperform inflation and yield a better real rate of return over time. Fortunately, the current inflationary economic scenario makes real estate investing more appealing to investors. Inflation frequently leads to an increase in rental revenue, and the value of property tends to improve consistently over time. … Read more