mumbai

If you’ve ever wondered who the kings of Mumbai are, read on !
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In a major breakthrough for the conveyance problem of housing societies,the govt has now stepped in and made it clear that any builder who refuses to give conveyance to the flat buyers or co-op housing societies within 4 months of handover…
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The Maharashtra Govt has decided to collect VAT (Value added tax) from home owners who bought their under-construction homes directly from builders between June 2006 and March 2010.The value of VAT has been decided as 5% of the total…
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From the Times of India 12.May.2012 MUMBAI: Despite the claims of the civic body on having transparency and parity in the new capital value-based property tax system, citizens seem unhappy at the development. They feel that while a…
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The new property tax calculating formula has been passed by the BMC.This calculation will now be based on the value of the property rather than the rent which it can earn in a year (which was the earlier formula).The result of this…
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The revenue department has begun the process of creating a data bank on all government land in the state. This measure follows a stricture in the recent CAGs report that data on land given on lease is not available with the department.…
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There are so many residential flats lying unsold in Mumbai that it will take more than three years to clear the stock. This means the skyrocketing price of your dream house might ease up. The value of the current unsold housing stock in…
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Builders across the city of Mumbai have planned a one day token strike on May 3,against the arbitrary and adhoc policy changes by the govt and the corruption in the govt machinery.The builders are protesting the inordinate delays and…
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The chief minister,Mr.Chauhan,on friday cleared the proposal to hike FSI (floor space index) of Koliwadas of Mumbai to 2 from 1.This is on similar lines to the FSI in Gaothan areas.However,unlike Gaothan areas,Koliwadas have not been…
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The Mumbai region - including Mumbai, Thane and parts of Raigad - can look forward to a substantial increase in the amount of mangroves if a proposal by the state forest department sees the light of day. The forest department is proposing…
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