Ramana Iyer, a resident of Mumbai’s western suburbs, said the proposed redevelopment of his 40-year-old building has hit a roadblock as one member has an outstanding home loan of ₹45 lakh. According to Iyer, the homeowner has been unable to obtain a no-objection certificate (NOC) from the bank since the loan remains unpaid and is […]
Delhi’s Connaught Place landmark and a go-to shopping destination for the city’s middle class, Super Bazar, is poised for a comeback. The iconic six-storey building on Connaught Place’s Outer Circle, India’s first modern superstore, may soon be redeveloped, with the New Delhi Municipal Council (NDMC) planning to place the redevelopment proposal before its council in […]
As redevelopment gains pace across Mumbai, some developers on small land parcels are offering apartments without dedicated parking. Experts note this is not necessarily a shortfall, as the Mumbai Civic Body often relaxes parking requirements for redevelopment on smaller plots. However, they advise buyers to consider apartments with parking, even if they do not currently […]