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MUMBAI PROPERTY REDEVELOPMENT
Nisus Finance to raise up to Rs 4,000 crore through a real assets investment platformNisus Finance is launching a real assets platform to raise up to Rs 4,000 crore, targeting yield-generating and value-accretive real estate...
Maharashtra’s leasehold land record overhaul to tighten realty deals scrutinyMaharashtra has ordered that all government leasehold lands be recorded in revenue records with the state government as the sole occupant, ...
Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...
JSW Realty eyes Rs 1,600 crore Tata Capital loan for Mumbai office projectJSW Realty is nearing a significant deal to secure a Rs 1,600 crore loan from Tata Capital. This funding is earmarked for a new office deve...
Mumbai redevelopment projects gather steam as cluster-led developments gain tractionMumbai's property market is seeing a major shift in redevelopment. Developers are now focusing on larger, cluster-based projects instead of...
Maharashtra’s Ready Reckoner revamp may align valuations with market realitiesIn a bold move, Maharashtra is gearing up to implement micro-zoning alongside tailored Ready Reckoner rates, a shift designed to refine pro...
From Dhobi Ghat to luxury towers: How redevelopment is unlocking Mumbai's next real estate boomMumbai's property landscape is shifting towards redevelopment as developable land becomes scarce. Historic Mahalaxmi is transforming into a...
For 13 years a builder failed to redevelop a 70-year-old housing society so a new builder was appointed, the old builder objected, but HC favored residentsThe Bombay High Court has backed housing society members in a redevelopment dispute. A builder delayed a project for 13 years, prompting th...
STT Global acquires 3.5-acre land parcel in Navi Mumbai for Rs 282 croreSTT Global Data Centres India has bought a 3.48-acre industrial property in Navi Mumbai's Mahape for Rs 282 crore. This strategic acquisiti...
RBI's inflation forecast signals 1-2 rate hikes in coming months: ExpertsExperts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy ...
Adani Properties tops bids for MHADA’s Worli, Bandra cluster redevelopmentAdani Properties has emerged as the highest bidder for two major Mumbai cluster redevelopment projects, Adarsh Nagar in Worli and Bandra Re...
Listed real estate developers move beyond home cities to tap growthMajor real estate firms are shifting focus from their home cities. Companies like Godrej Properties and Prestige are expanding into other m...
Redevelopment dispute between landlord and tenant: HC asks tenant to pay Rs 5 lakh for using ‘elite form of coercion and extortion’ against landlordBombay High Court dismissed a tenant's plea to recognize a new builder in a redevelopment case. The court found no contract between the new...
Prestige Estates records 112% rise in FY26 net profit at Rs 1,311.9 crorePrestige Estates Projects achieved its highest-ever annual revenue and profit in FY26, driven by strong housing demand and project executio...
Adani, Reliance, Lodha, JSW bid for 206-acre Mumbai redevelopment projectsLeading real estate firms are vying to redevelop three large housing colonies in Mumbai. These projects span prime areas like Worli, Bandra...
Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...
MHADA issues letter of acceptance to consortium for 33-acre Abhyudaya Nagar redevelopmentMHADA has accepted a consortium's bid for the cluster redevelopment of Mumbai's Abhyudaya Nagar colony. This significant project will provi...
Dharavi Redevelopment: Upper-floor home rehab hinges on ground-floor eligibilityUpper-floor residents in the Dharavi redevelopment project may face eligibility challenges, as their rehabilitation depends partly on wheth...
Upper-floor eligibility in Dharavi slum rehabilitation tied to ground-floor status, documentsUpper-floor residents in Dharavi can now get new homes. Eligibility depends on ground-floor occupants. A new government rule offers 300 sq ...
House of Hiranandani secures Rs 3,000 cr redevelopment project in Mumbai’s BorivaliHouse of Hiranandani has secured redevelopment rights for a 3-acre land parcel in Borivali (West), Mumbai, to build a premium residential p...