Propi
Mumbai's Largest Property Portal for Property Buyers, Sellers featuring the best properties available
14/04/2025
Maharashtra Government Approves 256 Acres of Salt Pan Land for Dharavi Redevelopment Project
The Maharashtra government has approved the allocation of 256 acres of salt pan land in Mulund, Kanjurmarg, and Bhandup for the Dharavi Redevelopment Project (DRP). Despite concerns, the government clarified that these lands are safe for construction and pose no environmental or ecological risks.
1. The Maharashtra government has allocated 256 acres of salt pan land for the DRP in Mulund, Kanjurmarg, and Bhandup.
2. The lands have been decommissioned for nearly a decade and do not pose environmental risks.
3. The approval aligns with the Mumbai Development Plan (DP) 2034, addressing the city's affordable housing needs.
Explore the latest news about Mumbai and Navi Mumbai at https://www.propi.in/
02/05/2024
🌟 Bollywood legend Amitabh Bachchan expands his real estate portfolio with a new acquisition in Alibaug, near Mumbai! 🌊 This coastal town is a hotspot for luxury living, and Bachchan's latest purchase adds to his already impressive collection. 🏖️
25/04/2024
Macrotech Developers' Q4 FY24 saw a 10.61% dip in net profit, down to Rs 667 crore from Rs 746.20 crore YoY. However, their total income surged by 24.83% to Rs 4,083.90 crore. Abhishek Lodha, MD & CEO, highlighted pre-sales hitting Rs 145 billion for FY24, with Q4FY24 pre-sales at Rs 42.3 billion, a 40% YoY growth. The company aims to bolster margins and top-line growth over the next 6-12 months. The board recommended a final dividend of Rs 2.25 per equity share. Key financials: net worth at Rs 17,099.80 crore, current liability ratio at 0.96, total debts to total assets at 0.16, debt-equity ratio at 0.45, operating margin at 33.37%, and net profit margin at 16.33%. The quarter also saw the allotment of 2,98,89,353 equity shares. Net debt decreased to Rs 30.1 billion.
Click here to claim your Sponsored Listing.
Category
Contact the business
Website
Address
Mumbai
400053