Maharashtra Deputy Chief Minister Eknath Shinde has announced a new regulatory framework to redevelop Mumbai’s ‘Pagdi’ buildings, describing it as a “historic decision” aimed at eventually eliminating such properties from the city. Speaking in the legislative assembly, Shinde said the move will expedite redevelopment of old structures, prevent collapses, and reduce loss of life and […]
The Uttar Pradesh government has introduced a unified circle rate list aimed at simplifying property valuation and stamp duty calculation across the state. This move will enable citizens to independently assess their property’s value and determine the applicable stamp duty without requiring technical assistance. Real estate experts have welcomed the initiative as a ‘major step […]
Billionaire Gautam Adani plans to build a multi-billion dollar battery energy storage system in Gujarat to support his group’s renewable energy ambitions, according to people familiar with the matter. Adani Group Chairman Gautam Adani. (Bloomberg) The proposed installation, planned for completion by March 2026, would be India’s top battery storage facility and among the largest […]
