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REDEVELOPMENT AGREEMENT
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...
- Middle East peace deal lifts market mood, but key challenges remain: William LeeGlobal markets are optimistic about a new peace framework involving Iran, easing energy supply and geopolitical concerns. Investors welcome...
- 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...
- JSW Energy acquires MCCPL to strengthen thermal portfolioJSW Energy is acquiring Maruti Clean Coal & Power Limited for Rs 1,410 crore. This move supports JSW Energy's goal of reaching 30GW capacit...
- 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...
- 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...
- 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...
- Niti Aayog to strengthen model concession agreement framework for multi-modal logistics parksNiti Aayog is actively working on improving frameworks for major infrastructure projects. This includes updating agreements for multi-modal...
- 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...
- Sunteck Realty posts 34% growth in FY26 net profit, revenue up 32%Sunteck Realty has announced a significant 34% jump in net profit for the financial year 2025-26, reaching Rs 202 crore. This strong perfor...
- Dharavi redevelopment gathers pace; 11,000 rehab homes planned on railway landThe Dharavi Redevelopment Project is accelerating, and residents in Sector-6 on railway land have been urged to cooperate and vacate homes....
- Man surrendered tenancy rights for Rs 11 crore flat in redevelopment project; Income Tax dept issued notice but ITAT Mumbai ruled in his favour. Here's whyA Mumbai tenant received a Rs 11 crore apartment for giving up tenancy rights during redevelopment. The Income Tax department questioned th...
- Mumbai redevelopment activity to add 44,000 homes worth Rs 1.3 lakh cr by 2030Mumbai's ageing housing stock is undergoing a significant transformation driven by a redevelopment boom. Over 910 housing societies have si...
- Sunteck Realty secures Rs 1,100-crore redevelopment project in Mumbai's AndheriSunteck Realty has secured redevelopment rights for a 2.5-acre housing society in Andheri east, Mumbai, with an expected revenue potential ...
- Ready reckoner hike to prompt developers, societies to rework redevelopment pactsThe increase in ready reckoner rates by the Maharashtra government is influencing realty developers and housing societies in Mumbai and Tha...
- Moving into a redeveloped flat in Mumbai? No need to pay stamp dutyThe National Real Estate Development Council (Naredco) had been lobbying with the department of registration and stamps since some time to ...
- 5 guidelines if you are planning to redevelop the housing societyStakeholders of these societies often lack the information they need to make an informed call on which developer to enlist.
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