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REDEVELOPMENT AGREEMENTS
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...
- India is making a big move to outflank China in Sri LankaIndia and China appear to be locked in an escalating energy rivalry in Sri Lanka. India plans a new energy hub at Trincomalee with the UAE,...
- 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....
- Property or problem? The hidden legal traps haunting India’s property owners: Here’s how to navigateProperty ownership in India, once a symbol of security, now presents significant legal challenges due to unclear titles and disputes. Buyer...
- Odisha to distribute nearly 80,000 smartphones to anganwadi workersOdisha government is set to distribute smartphones to anganwadi workers for better monitoring. A new scheme will boost the handloom sector....
- 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...
- JSW Realty inks pact to redevelop Malabar Court in South MumbaiJSW Realty is set to redevelop Malabar Court in South Mumbai's Malabar Hill. The prime land will be transformed into a luxury residential t...
- 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 ...
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