Browsing Tag
Navi mumbai real estate
11 posts
Navi Mumbai Property Prices Rise Over 22% in Five Years; Premium Nodes Outperform Market
Navi Mumbai’s residential property prices have climbed over 22% in five years, driven by infrastructure-led growth and maturing micro-markets. Premium nodes such as Vashi and Seawoods continue to outperform, while emerging corridors signal long-term investment potential, according to RealX Stats by InvestoXpert.
One Society for Two Buildings a Kilometer Apart? Bombay HC Backs For Independence
Bombay High Court has upheld the bifurcation of Balaji Tower CHS from Shree Ganesh CHS in Nerul, observing that the two plots — located over a kilometer apart — functioned separately for years. The Court ruled that no CIDCO permission was required for the split, bringing long-awaited legal clarity for residents.
Bombay High Court Shocker: Builder Can’t Form Two Societies in One Building
In a major ruling impacting mixed-use housing projects, the Bombay High Court has held that developers cannot form separate cooperative societies for residential and commercial units in the same building unless they are functionally and physically independent. The Court also declared the 2004 Maharashtra government circular permitting such practice as having no statutory force.