CREDAI pats BMC, asks for extra FSI in Pune too
CREDAI welcomed the BMC’s announcement that the redevelopment projects in the city will not be covered under new DC rules for levying extra premium on FSI for certain areas.
Search Results: redevelopment buildings (49)
South Mumbai property goes northwards in demand
When a property dealer suggested Kartik Shah to set up his office at Navi Mumbai, instead of South Mumbai market, it seemed to be a sound business sense.
Retrofitting India’s central business districts
As Central Business Districts (CBD) begin to gradually lose their sheen against alternative locations because of their inability to offer Grade A buildings at competitive rates, retrofitting emerges as a preferred option (as compared with redevelopment) for quality improvement to increase the attractiveness and economic life of existing old buildings.
Dadar – real estate metamorphosis in the heart of Mumbai
Even as Lower Parel and BKC vie with each other for pre-eminence as Mumbai’s commercial real estate hotspots, Dadar – Mumbai’s oldest and most established locations – stands in a class uniquely its own by virtue of its extremely favourable geographical placement and connectivity. For this reason – and for all practical purposes – Dadar is the heart of Mumbai.
Realtors sulk under representation in budget
Nearly all the real estate developers, a whopping 96 per cent, across the country are cribbing for the sectors’ continued under representation in the Union Budget over the years.
What ails luxury retail in India?
Urbanization rate is on the increase – and while there had been a few setbacks over the past few years, the Indian luxury retail market is firmly back now. The economy once again supports the rationale for spending on luxury goods, and it will continue to do so.
Realty sector under represented and biased: Atul Modak, Head Kohinoor City
While the realty sector is cribbing for under representation in budget for the last few years, Atul Modak, Head of Mumbai-based Kohinoor City goes a step further to say realty sector not only gets under represented but also it is treated with a bias. He asserts that instead of seeing it as one of the sector responsible for growth of the economy, it is looked with a bias and taxed accordingly. In an interview with Ravi Sinha, he shares his budget wish list and concerns for the sector.
Mumbai’s new coastal regulation zone norms
There will be significant changes in term of the redevelopment of Mumbai seafront with the revamping of the Coastal Regulation Zone norms that direct construction in these areas. Numerous old structures and unregulated residential developments that have been awaiting this signal in the areas in question will now be redeveloped.
Pune real estate – the advent of vertical growth
Pune’s growth and development have coincided with the boom of the IT industry, resulting in the city’s transition a pensioners’ destination to a vibrant metropolitan city. A lot of this change has been witnessed over the last 8-10 years. The skyline of the city is now defined by apartment development – the majority of which are about 7 to 11 storeys high.