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Govt. had revoked the Urban Land Ceiling Act, 1976. In a joint conference which was held in Mantralaya, the Chief Minister specified that his Govt. will make necessities to cancel the Act. He also told that, as part of prerequisites of Jawaharlal Nehru National Urban Renewal Mission cancelling the Act will release almost 500 hectares of the property in the state. Officers of the UDD had alleged that realty costs in Mumbai will go downward by 40% once the Act is withdrawn. Govt. had purchased 2,066 hectares of property from nonpayer 2 years back beneath the Act, comprising 433 hectares in Mumbai, 271 Pune, 354 Thane, 361 Nagpur, 377 Ulhasnagar and 183 in Nashik. State had bought in the residential system from November 1st and people had taken it into consideration before slipping the Act.
CPI leaders had claimed that the breakdown of the Act was placed in the connection of builders, government, and property-owners and builders. Prakash Reddy of CPI had told that, “At least 30,000 acres of property in Mumbai pricing Rs. 90,000 Crores might be released if the Govt. gears the Act. Which means over half of the debt of the state can be paid off with the money and more than 300 property-owners in Mumbai and in borders had held the property which was over 500 Sq.mtr and the limit for holding most property as per the Act. If Govt. strived to cancel the Act by force then they would have gathered people support to brawl against the move.”
Source: NIMMA BENGALURU

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Apartments, Flats and Property for Sale in Mumbai

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2 BHK APARTMENT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar , Navi Mumbai. # Sector : 20 # Area : 1055 sq ft # Cost :..
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For Sale – Spacious 1 BHK Flats in Prime Location of Borivali East Project : Triveni, a project by Atul Corporates. Structure comprises of..
Sep 08, 2016
3 BHK FLAT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar, Navi Mumbai. # Area : 1375 sq ft # Cost : 1,25,00,000 # Parking..
Aug 28, 2016
3 BHK FLAT FOR SALE AT KHARGHAR – Navi Mumbai. # Location : Kharghar, Navi Mumbai. # Area : 1375 sq ft # Cost : 1,25,00,000 #..
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For Sale – Luxurious 3 & 4 BHK Flats in Prominent Location of Matunga East Mody Kunj in Matunga East, near Kings Circle is a..
Aug 17, 2016
# Location : Kharghar , Navi Mumbai. # Area : 1000 sq ft # Cost : 8500000 # Parking : 1 Covered # Bed : 2 Bedroom # Balcony : 2 balcony #..
Jul 25, 2016
Primo is one of the residential developments of Ceear Realty, located in Mumbai. The project is designed by Architect Hafeez Contractor. It offers..
Apr 06, 2016
This 1 bhk flat is a specious flat with all modern amenities like gym, Swimming pool, Children play area etc.This flat has a west facing and a..
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Apartments, Flats and Property for Rent in Mumbai

Sep 02, 2016
2 BHK SPACIOUS FLAT FOR RENT AT KHARGHAR – NAVI MUMBAI. # Location : Kharghar. # Sector : 18, (near to central park, golf course and ..
Aug 12, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 635 sq ft # Rent : 10000 # Deposit : 40,000 # Parking : open # Balcony : balcony #..
Aug 11, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 835 sq ft # Rent : 13000 # Deposit : 50,000 # Parking : open # Balcony : balcony #..
Jun 23, 2016
1 BHK flat for rent at kharghar Location : sector - 12 Area - 559.00 Rent - 15000 Station, mall, colleges at reachable..
Jun 21, 2016
Amazing flat at kharghar for sale..
Jun 04, 2016
A spacious and unfurnished 1 bhk apartment for rental in mayuresh residency situated opp. Asian paints, Lbs marg, Bhandup west. This flat is..
Dec 09, 2015
Fully Furnished Condo in Royal Palms, Goregaon East. Area : 344 sq.ft., Rent : Rs.11000/-, Deposit : Rs.30000/-, Flat is on 3rd floor out of 7..
Oct 15, 2015
Unfurnished Property Description Elegantly unfurnished 1 bhk apartment in luxurious and excellent apartment makes a definitive statement in..
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