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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 Officers of the UDD had alleged that realty costs in Mumbai will go downward by 40% once the Act is withdrawn.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

Property Listings

Apartments, Flats and Property for Sale in Mumbai

Jun 09, 2017
Sell residential flat :- 2 Bhk sell in new Panvel Area/965 Sqft Built up G+7 Bldg , 4floor, fully furnished room Parking, open space available..
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3.5 big 1st floor 2 parking servant room with attached bathroom Poona..
Jun 02, 2017
Location :- Mauli Desire II opp. Utkarsha vidya mandir daftary road malad east * Bedroom :- 1BHK Apartments * Carpet area : - ,354 sq ft. *..
Jun 02, 2017
Location :- Hawahira Mahal, Mangal Baug, Near Western Express Highway, Pushpa Park, Malad East. * Bedroom :- 1BHK & 2BHK Flats * Carpet..
Jun 02, 2017
Property Detail of MAULI OMKAR - II............................." Location :- Triveni Nagar, Near Mauli Sapphire Bldg, Mallika Hotel,..
Jun 02, 2017
Location :- Ambewadi, Pushpa Park, Beside Western Express Highway, Malad East. * Bedroom :- 1BHK & 2BHK Apartments * Carpet area : - 359..
May 27, 2017
Project Details About the Project Live a plush city life in our sustainable, integrated township at the heart of Mumbai. Spread across 5 acres,..
May 15, 2017
2 x 1 BHK Jodi flats with hall wall sharing - call for more..
May 07, 2017
JK PROPERTY SAI SIDDHANT PALACE 1 BHK/ 2 BHK- ARE AVAILABLE READY POSESSION FLATS {15 MIN} WALKABLE DISTANCE FROM STATION . PER SQ.FT..
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Apartments, Flats and Property for Rent in Mumbai

May 09, 2017
1BHK OF 225 in 24 floors tower, 3 lifts, open parking, 24/7 CCTV and security, only 5 min walking distance from cotton green station and 8 min..
Apr 17, 2017
Very good 2.5 bhk on rent on main Band Stand. full sea..
Mar 27, 2017
FULLY FURNISHED 5BHK FLAT AVAILABLE FOR RENT DIRECTLY FROM..
Jan 04, 2017
2 BHK FURNISHED APARTMENT AVAILABLE AT MALAD EAST, GOREGAON FILMCITY ROAD,MUMBAI. Rent 35,000 / - Security Deposit Rs.1,25.000/-. Interested..
Dec 03, 2016
PG accommd for 4 girls sharing at vakola pipeline santacruz east Mumbai India Rent 7000 call landlady 9768546430..
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 #..
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