MUMBAI: In an important step towards curbing the corruption behind the redevelopment of housing societies, the Bombay High Court on Friday held that district deputy registrars (DDRs) of co-operative societies can no longer insist that societies must get their approval to proceed with the redevelopment. The case stems from a jointly filed petition in mid-August […]
Bengaluru-based, listed real estate developer Puravankara Ltd has added four real estate projects to its portfolio in the Mumbai and Bengaluru real estate markets, with a gross development value (GDV) of ₹9,100 crore in the first six months of the ongoing financial year, according to a company statement. Puravankara Ltd reported pre-sales of ₹1,322 crore […]
MUMBAI: In the lush green plot of the Life Insurance Corporation of India (LIC) colony in Borivali West, live its residents in desperate wait for the redevelopment of their houses, built over 50 years ago. They live on a 90-year lease, of which 50 years are over, and are worried about the next 40 years […]
Mumbai-based, listed real estate developer Mahindra Lifespace Developers Limited (MLDL) announced on October 10 that it has been selected as the preferred partner for the redevelopment of four residential societies in the Malad West area of Mumbai. The company said that the project offers a development potential of ₹800 crore. Mahindra Lifespace Developers Limited (MLDL) […]
Maharashtra’s new scheme proposes cluster-based slum redevelopment as integrated housing projects across 50-acre-plus sites Source link
Mumbai redevelopment news: Manglam Group said the company will invest ₹100 crore for the project and build 80 apartments Source link
Mumbai Redevelopment Update: MHADA rolls out fairer commercial charges and phased premium payments to ease developers’ financial burden Source link
The Bombay HC said slum dwellers’ rights cannot override public interest, noting that granting land free of cost is detrimental to the city’s long-term needs Source link
