"November 2023" Archives

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Blending modern & traditional decor for Ganesh Chaturthi

Modern & traditional decor : Blending modern and traditional decor, Ganesh Chaturthi’s celebration is vibrant with fresh flowers symbolizing purity and prosperity. Recommended blooms include hibiscus, marigolds, roses, and jasmine, ideal for home and temple arrangements. Red hibiscus, believed to be Lord Ganesha’s favorite, and bright yellow marigold flowers represent positivity. Atreyee Choudhury, founder of…

MahaRERA suspends registration of 388 real estate projects for failing to place details online

MahaRERA suspends registration : Of the suspended projects, 20 were in Mumbai city limits and three belonged to Macrotech Developers.

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Mumbai’s residential property sales value likely to top Rs 2 lakh cr by 2030

Mumbai’s residential property sales value : Synopsis A study by JLL-NAREDCO predicts that Mumbai’s residential sales value is expected to exceed Rs 1 lakh crore in 2023 and surpass Rs 2 lakh crore in 2030. The city has seen a robust recovery, with sales value and volume surpassing 2018 levels. The market has also seen a significant increase in the launch of residential units following the COVID-19 pandemic. The study highlights the importance of infrastructure development in driving growth and improving connectivity in emerging hubs.

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Mumbai: MMRDA has tunnel vision

The Mumbai Metropolitan Region Development Authority (MMRDA) has announced a major milestone in improving Mumbai’s transportation infrastructure. The MMRDA has approved the appointment of Larson & Toubro Ltd as the contractor for the construction of an underground tunnel which will provide a traffic-free route between the Orange Gate on the Eastern Freeway and Marine Drive, enhancing connectivity and reducing travel time. The project will begin at the end of this year and take three to four years to complete.

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