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The policy is expected to lay focus on skilled manpower, rental housing schemes for migrant workers and colonies for senior citizens. Besides, it will also include sops for affordable housing and measures for quick approvals, the minister said.
Realty developers have been urging the state government to consider a 50% reduction in these premiums to make the city more affordable for homebuyers and businesses.
In Mumbai, there are more than 25 types of premiums that a developer ends up paying to the authorities. Around 20 to 30 percent of the project cost goes towards these premiums, say real estate developers.
Twelve people, including a six-year-old girl, were killed and 23 others injured in a collision between a mini-bus and a stationary truck on the Mumbai
business reporterthe much-anticipated homethon property expo, the region's premier real estate event, opened its doors for visitors on friday at reshimbagh ground. the event witnessed a grand inauguration ceremony with atul save, m