AAI imposes height restrictions on building projects, Navi Mumbai

The Airport Authority of India (AAI) has imposed a fifty-five-meter height restriction on production activity within the proposed Navi Mumbai International Airport area, affecting a large housing inventory of over 10,000 residences and a large industrial area currently under construction throughout Navi Mumbai.

Maharashtra imposes a 1% metro cess on all property purchases

From April 2022, the Maharashtra government is expected to increase the stamp duty on dwelling registration by one percent, just in time for Mumbaikars to indulge in domestic purchases during the auspicious season of Gudi Padwa. Will this stifle the momentum of domestic shopping?

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