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Vashi2Panvel.Com: Navi Mumbai: November 9: Today when the swanky mall and lavish departmental stores are enjoying national and international prestige, one would have imagined that the humble hawker would be wiped out from the Indian scenario. But no matter how brand conscious we get in life, the simpler pleasures in life never deserts the Indian psyche. Like rummaging through boxes of bindis or earrings in a train. The buys are almost always a steal. There are many who feel that unauthorized hawking and vending should be prohibited firmly as it affects the tax-collection and paradoxically there is also a sect, which favors ‘hawkers’ and call them small time merchants as they supply daily use commodities at a lower price to the common man. Vashi2Panvel.Com talks to some train hawkers and their regular customers to get an insight into this peculiar Bambaiyah style of hawking. [more...]

Vashi2Panvel.Com: Navi Mumbai: September 22: "Fifty percent earning of the entire year in just a period of four months…” seems unusual, but is true. There are many trades in this satellite city, which make most of their income in a span of just few months. These so-called “Seasonal” trades provide lot of encouragement to various skilled labours along with other regular ventures. Idol makers, Music Bands, Religious ceremony organisers, Decorators etc are a few to name from this long list of seasonal enterprises. [more...]

Vashi2Panvel.Com: Navi Mumbai: September 14: “Creamy cakes, delicious pastries, salty wafers, spicy patties, these are not the only things associated with the bakery stores all over the city. There is much more to be explored in this lately flourishing business in the satellite city. With the changing trends, people’s taste is also shifting towards the newly opening not-so-branded bakery stores in the city. The customers have been shifting their opinions regarding the branded cake shops, which are making the business of these small bakeries flourish these days. [more...]

Vashi2Panvel.Com: Navi Mumbai: August 22: The dead season in the real estate market in Navi Mumbai is finally over. The property market in Navi Mumbai is likely to see a boom in the coming years as the proposed airport in Panvel gets a go ahead from ICAO. Already, investors are busy buying plots in and around the Kalamboli-Panvel area in anticipation of a quick appreciation in rates. [more...]

Vashi2Panvel.Com: Navi Mumbai: August 17: The floods in Gujarat have had a serious repercussion on the businesses here. Many businesses are inter-related and require raw materials or finishing work to be done in another state. Due to delays in consignments, city businesspersons have suffered heavy losses. One of the worst hit industries is Mumbai’s diamond trade. City traders send uncut stones to Surat for polishing. Though Mumbai boasts of diamond trading offices, Surat is the destination for cutting diamonds. Contrary to the alleged reports the retail trading of Diamond in the satellite city has not seen a low curve so far. The sales managers help us catch along the sales graph of this ‘woman’s gem’ [more...]

Vashi2Panvel.Com: Navi Mumbai: August 14: Home entertainment goes retail! So how does the consumer benefit? A cranked up direct-to-home (DTH) platform and digitized cable content will get you the finest content, sound and picture quality. The Ministry of Information and Broadcasting has issued a Notification for the implementation of Conditional Access System (CAS) in the notified areas by December 31, 2006. The ball is in the consumers’ court now as it is on them to decide whether they want to stick to their old cable operators or start an alliance with any of a slew of new services. All of them guarantee to give you hundreds of channels, with clear transmission quality, pay-per-view films and programmes, and a whole set of choices until now unknown to the Indian television viewer. Better than the routine cable providers? Still uncertain. [more...]

Vashi2Panvel.Com: Navi Mumbai: August 11: Media pontifies that Navi Mumbai property is experiencing a boom time. So does the development authorities and the city builders. However, the one who can differentiate this myth from reality is the buyer for him the realty boom is a not worth it! It has become a general practice for the builders in Navi Mumbai to hike the prices of the property very frequently. This constant price hike over the past one year has led to many prospective buyers shying away. There is a mixed feeling of anger and distress when one goes to buy a new property and finds the rates up by Rs.200 to 300 per sq. ft. in just a month. And, talk of the amenities? Well, that is NIL. [more...]

Vashi2Panvel.Com: Navi Mumbai: August 3: The Confederation of Real Estate Developers of India (CREDAI), and Maharashtra Chamber of Housing Industry (MCHI) along with developers and real estate agents across Maharashtra had organized a seminar on 31st July to discuss the various infrastructural developmental issues in Maharashtra. [more...]

Vashi2Panvel.Com: Navi Mumbai: July 27: The rise in interest rates have forced banks and housing finance companies to adopt multiple strategies to pass on the effect of the rate hike to the customers. They are now increasing the equated monthly instalments (EMIs) of their floating rate home loan customers, while reducing the tenure of the loan period. This mount in the loan rates can demotivate many of the prospective buyers in the city. [more...]

Vashi2Panvel.Com: Navi Mumbai: July 25: As 31st July draws closer, every salaried employee is busy filing the returns. The income tax returns have to be filed before 31st July, which has been declared as the last date by the income tax department. The business class has to file the returns before 31st October. This is that time of the year when people feel ‘I wish I was a pauper’. Here, V2P brings to you some answers to the frequent doubts which people come up with, regarding the filing up of their returns: [more...]

Vashi2Panvel.Com: Navi Mumbai: June 15: Kharghar and Kamothe nodes of Navi Mumbai have witnessed a very high rate of development for the past few months. CIDCO, the builders and the estate agents alike had devised heavy publicity to promote the township in the past. Even the banks and other financial institutions came forward with various attractive proposals at affordable interest rates. This all resulted in a boom period in the real estate in the entire stretch. However the property graph since the last fortnight has been dwindling showing reversed trends. [more...]

Vashi2Panvel.Com: Navi Mumbai: May 25: "Cinema Paradiso" is most certainly not for the most powerful production house in the country as it squares up in an eye-to-eye confrontation with the top multiplex chains all over India. Everyone is waiting with baited breath for the release of Yashraj film’s Fanna starring Aamir Khan and Kajol but unfortunately it’s roiled in controversy right since day one. All India Multiplexes Association have boycotted the movie hence it would only be screened in single theatres as against multiplexes. [more...]

Vashi2Panvel.com: Navi Mumbai: April 27:With sensex touching 12k today, the mood in the market is jubiliant. But Navi Mumbai jewellers are an unhappy lot. In the past few weeks even as gold price was steadily rising, the number of customers at their stores is lessening. The gold price is currently ranging around 9,300 to 9,500 per 10 gm, whereas the price just six months was Rs.6, 500 – 6,800, marking a rise of 40 percent. [more...]

Vashi2Panvel.Com: Navi Mumbai: March 30: With the arrival of Gudi Padwa, the more than a month long drought in business has finally come to an end as it has started raining money for businesses across Navi Mumbai. No wonder the smiles have returned back on the faces of the businessmen after witnessing a not so successful Navi Mumbai shopping festival. [more...]

Vashi2Panvel.Com: Navi Mumbai: March 23: The Navi Mumbai Shopping Festival was kicked off on 16th March by the organising event management company Dreamz Media Network (DMN). Seven days into it and the festival has not succeeded in making a mark. Though it promised a lot it seems to have failed to keep up those promises. The event which promised to make shopping into an event has not brought about smiles on the faces of businessmen in Navi Mumbai, who continue to face a prolonged lull in business. [more...]