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India Properties - Real Estate India - Indian Property News Site

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Dharavi slum being eyed by developers - September 7, 2008

Indias largest slum Dharavi occupies a prime location at the junction of two commuter rail lines close to the heart of Mumbai. Because of their location there has been a tussle between the residents and the government officials who want to demolish the slum and allow construction of high-rise apartments, office towers and manicured parks. ...
http://www.indianrealtynews.com/real-estate-india/mumbai/dharavi-slum-being-eyed-by-develo...

Mumbai SEZs to benefit from raise in FSI - September 6, 2008

The Maharashtra government s move to raise the floor-space index (FSI) from one to four for the areas to be connected by the Rs 7,000-crore Mumbai Trans Harbour Link (MTHL) will benefit Navi Mumbai Special Economic Zone (NMSEZ), which is being developed by Reliance Industries Ltd (RIL) in a joint venture with the state governments ...
http://www.indianrealtynews.com/real-estate-india/mumbai/mumbai-sezs-to-benefit-from-raise...

SC orders redevelopment of cessed Mumbai property - September 5, 2008

The Supreme Court, on Thursday, ruled against the November-2006 Bombay High Court directive restricting redevelopment of cessed property in Mumbai. Cessed properties are those constructed prior to 1960. The government collects cess from residents of these buildings for the repair of these buildings. The SC order will open up 225 acres in the island ...
http://www.indianrealtynews.com/real-estate-india/mumbai/sc-orders-redevelopment-of-cessed...
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