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HOUSING SOCIETY REDEVELOPMENT
Housing society redevelopment: 5 legal checks to make before choosing a builder-led or self-redevelopment projectRevamping aged societies opens the door to fresh residential and commercial opportunities in Mumbai. Choosing between hiring a builder or e...
Two Parsi-owned Perry Cross Road bungalows to be torn down for Rs 1,500 crore luxury projectBungalows on Perry Cross Road in Bandra, Gladhurst and Kavas Lodge, are set to be torn down by Supreme Universal to make way for two luxury...
Supreme Universal secures 1-acre redevelopment plot in Mumbai’s Bandra westSupreme Universal has secured development rights for a one-acre sea-view plot near Carter Road in Bandra West, Mumbai, where it plans to in...
Redeveloping your housing society? 7 risks that could keep you out of your home for 8–10 years
Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
ICICI Prudential AMC to raise Rs 2,000 crore fund for Mumbai housingICICI Prudential AMC is raising a Rs 2,000 crore fund for Mumbai residential development. This fund targets redevelopment opportunities in ...
Stocks in news: Indigo Paints, LG Electronics India, Tata Motors PV, Honasa Consumer, Ashok Leyland, PhysicswallahIndian equity markets saw a decline on Thursday, August 13, with the Nifty 50 closing lower. Persistent Middle East tensions and a stronger...
Aditya Birla Group levies royalty on Grasim, Hindalco, Novelis for brand use from June 2026Aditya Birla Group companies will pay a brand royalty starting June 2026. A 0.25% revenue royalty is mandated, capped annually at Rs 225 cr...
Birla Estates secured rights to redevelop 3-acre housing society in VashiBirla Estates has secured redevelopment rights for a 3.06-acre housing society in Vashi, marking its entry into Navi Mumbai’s redevelopment...
In 2011, a California hotel owner refused to sell to a $400 million shopping complex; so the city nearly took his 55-room hotel insteadA Glendale mall owner sought to expand his property in 2011. The adjacent Golden Key Hotel owner refused a substantial offer for his busine...
Birla Estates arm buys FSI from Parinee entities for Rs 159 croreBirla Estates has successfully acquired almost 90,000 sq ft of FSI for over Rs 159 crore, a strategic move aimed at bolstering their societ...
Kolte-Patil Developers eyes Rs 6,000 cr revenue from 6 projects in Mumbai Metropolitan RegionKolte-Patil Developers will redevelop six societies across the Mumbai Metropolitan Region. These upcoming properties are expected to genera...
Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculationNRIs selling under-construction property must use the allotment date for capital gains. This date determines long-term versus short-term ca...
South-based developers step up Mumbai play amid strong housing demandSeveral large South Indian real estate developers are now entering Mumbai's property market. They are strategically focusing on redevelopme...
Bombay HC paves way for cluster redevelopment of MHADA's two biggest layouts in Bandra, WorliMumbai's Bombay High Court has greenlit the cluster redevelopment of major MHADA layouts in Bandra Reclamation and Adarsh Nagar, Worli. The...
Slumdogs no more: Can tycoons take the Mumbai Model to other cities?India's top business tycoons like Ambani and Adani are shifting focus from city outskirts to redeveloping Mumbai's older housing and slum a...
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, ...
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...
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...
Chandak Group acquires 3.6 acre housing society redevelopment project in Mumbai’s AndheriRealty developer Chandak Group has entered into an agreement to redevelop a housing society spread over 3.6 acre in Mumbai’s Andheri suburb...