At a time when land deals have come down to almost nil,the countrys largest private sector power utility,Tata Power,has taken a prime plot of land at the Bandra Kurla Complex on lease at Rs 86.11 crore.
Its a three-letter word that has been the nightmare of urban planners and the delight of builders. More so as many recent state government policies seemed to revolve around raising FSI,a move some critics brand as arbitrary and link it to elections due later this year.
Real estate developers scouring the city for that precious bit of land may just hit a bonanza in the form of 64 hectares of land. To encourage tabela owners to sell their land and move their cattle-sheds out of the city...
For 25 years now,Vivek Vanjares father,an office assistant in a private Mumbai firm,doggedly tried his luck each time the Maharashtra Housing and Area Development Authority came out with a housing scheme in the financial capital.