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A fire broke out on the 12th floor of a residential building in Mumbai's suburban Chembur area on Saturday afternoon, an official said. There were no reports of anyone getting injured in the incident at Rail View MIG Society located in New Tilak Nagar, the fire brigade official said. It is a ground-plus-12 storied building and the fire brigade was alerted at 2.43 pm, he said. Two fire engines, a jumbo water tanker and an ambulance were sent to the spot and efforts were on to douse the flames, the official added.
Their strategy is currently contrarian to the market, where developers are cutting on launches and preferring to clear existing stock, to generate cash and repay dues.
Chembur scores well on connectivity, as it is generously networked through a grid of roads and an established rail network