Mumbai Real Estate Articles
What is GIFT City – India’s First Greenfield Smart City
GIFT City’s full form is Gujarat International Finance Tec-City. Gift City is located in Gandhinagar district on the banks of the Sabarmati River in Gujarat, India. It is India’s first operational greenfield smart city and India’s first International Financial Services Centre. It was an ambitious project launched by the Government of Gujarat with the aim of creating a world-class financial hub and IT hub. …
What is Delhi-Mumbai Expressway- Everything you need to know?
The Delhi-Mumbai Expressway is a proposed high-speed, high-capacity expressway that will connect India’s National Capital Delhi and India’s financial capital Mumbai. The Delhi-Mumbai expressway is near completion and will be the longest Expressway of India. The Delhi–Mumbai Expressway is a 1,350 km long, 8-lane wide under-construction expressway. The expressway will span over a length of approximately 1,350 km and will be designed to be an 8-lane, access-controlled expressway with …
Budget 2023-24 Impact on Real Estate Industry.
Govt of India has recently announced Union Budget 2023-24 on Feb 1st, 23. It is receiving mixed responses from the real estate industry. The GOI has forecasted economic growth at 7 % for FY 2023-24. The capital expenditure on infrastructure development has been increased in Union Budget 2023-24 with a planned capital expenditure of Rs 10 lakh crore. This is a welcome move as …
What are Industrial parks and its importance in the Economy?
A section of the city designated for industrial use is known as an industrial park. These areas cannot be used for residential purposes. Ports, oil refineries, distribution centers, warehouses, and manufacturing units are frequently found in industrial parks. The majority of industrial parks are located in places with favorable conditions for industrial activity. Additionally, industries are entitled to tax breaks for locating their corporate …
How does Bank Property Auction Work?
Bank Property auction is a common method adopted by banks to dispose of loan defaulter properties. Buying a property through a bank auction is a tedious process. For this purpose, the bank generally appoints an authorized officer who conducts the auction and public notice of that auction is given in the newspaper, notice usually constitutes information like details of the property, Earnest Money Deposit …
What is Bharatmala Pariyojana ?
Any country’s ability to develop and grow depends on its transportation network and infrastructure and how well they are maintained. The same is true for India’s development as a large and populous country. The development of new and improved roads is essential for linking the areas and preserving a smooth flow of traffic. The Bharatmala project’s implementation will lead to the same result. The …
Disadvantages of Franchise and Franchising Business
Taking a Franchise of an established brand is always a lucrative business opportunity, but it has its own advantages and disadvantages. The franchise business is very famous and successful in Food and Grocery Business. Earlier there were very fewer options for successful franchising, nowadays there are lots of new grown brands who want to establish themselves throughout the India and franchising is the best …
What is PM Gati Shakti National Master Plan
The PM Gati Shakti National Master Plan, according to Prime Minister Narendra Modi, will provide modern infrastructure development a new direction through planning, implementation, and monitoring while also reducing project time and cost overruns. It is a comprehensive national strategy for building infrastructure to propel India into the twenty-first century. Infrastructure development is a critical enabler to achieving a $20 trillion economy by 2040. …
What is Bengaluru-Mumbai Industrial Corridor (BMIC)?
An industrial corridor linking Mumbai and Bangalore in India is being considered, and it is known as the Bengaluru-Mumbai Industrial Corridor (BMIC). An industrial corridor is a group of infrastructural investments made in a particular region with the goal of promoting industrial growth. In order to transform the nation into a hub of manufacturing activity and serve both the sizable home market and the …
What is Delhi Nagpur Industrial Corridor (DNIC)? Everything you need to know about it.
The Government of India is planning to develop the Delhi-Nagpur Industrial Corridor (DNIC) Project between Delhi and Nagpur proposed with National Highways (being developed under the North-South Corridor of National Highways Development Project) as a backbone and in close vicinity to the North-South DFC future Corridor, utilizing the existing Highway and Dedicated Freight Corridor along this route. Infrastructure Has the Power to Give Wings …
