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MUMBAI PROPERTY REDEVELOPMENT UNPAID DUES
Builder promised 1,395 sq ft flat, parking, compensation in return for property, then issued notice demanding Rs 30 lakh; landowners win over Rs 1.22 crore reliefWhile the landowners were given physical possession of the flat in May 2018, the developer failed to pay their share of the stamp duty and ...- WinnDevelopment began a $21.5 million overhaul of an 83-year-old vacant high school in 2019, it later reopened with 70 senior apartments, here's howThe former East Haven School had been vacant for about 20 years. The building had served as the town's high school since 1936. WinnDevelopm...
- In 1999, a Texas family lost its mineral rights in a tax foreclosure; 20 years later, heirs challenged the sale, what did the state Supreme Court say?In April 2024, the Supreme Court of Texas considered a dispute. It involved mineral interests that were sold at a tax auction in 1999. It w...
- Shift to Navi Mumbai or suspend flights: Mumbai airport gives airlines optionsMIAL has informed airlines that they can shift operations to the new Navi Mumbai International Airport. The existing Chhatrapati Shivaji Ma...
- In 2021, a Pennsylvania woman's property was auctioned over a $7,771 tax bill; she claimed she was told the notice concerned a trailer, but court rejected her appealThe tax bureau had sent her a certified letter about the unpaid taxes in April 2020. In that same year, it sent her another notice by certi...
- 1960s superstar, who once lived in a chawl, left ‘unlucky’ bungalow he got for Rs 4.2 lakh decade ago. Today, it is valued at nearly Rs 450 croreOne random, impulsive real estate purchase years ago made Bollywood star Jeetendra one of the wealthiest men in the tinsel town. In an inte...
- In 1969, J. David Bamberger bought 3,000 acres of damaged Texas ranchland; 50 years later, 11 springs flowed and 221 bird species thrived thereBamberger wanted to do something different with his massive wealth. He made his fortune as a co-founder of Church's Fried Chicken reportedl...
- In 2012, Jack Dorsey bought a $10 million San Francisco home; after adding a $21.9 million property, why are his neighbours fed up with his 14-year renovation project?After the purchase, construction began and it has continued since then. In December 2013, a major redevelopment application was submitted. ...
- In 2019, Todd Interests took over a vacant 52-story bank tower; a $450 million redevelopment turned it into a hotel, apartments and retail hubTodd Interests stepped in at a crucial time when the redevelopment had faced several delays. Before this, Drever Capital Management had pre...
- Homeowner sold redeveloped flat for Rs 1.95 crore, paid no income tax, received a tax notice; wins relief in ITAT MumbaiAfter redevelopment of housing society, homeowner sold his flat for Rs 1.95 crore, pays no tax, got tax notice, wins case in ITAT Mumbai fo...
- A former Chicago Sears store was converted into 59 apartments. Four years later, it sold for nearly $29 millionA former Sears department store in Chicago’s Ravenswood neighborhood, redeveloped into 59 apartments and retail space in 2021, has sold for...
- In 2024, a US court ruled on an ownership dispute involving two properties sold for $10,200 after a tax-deed transfer; here's what happenedIn a decision in Thomas DeCola v. Matt H. and Anne L. Sheafer, the appeals court rejected Thomas DeCola's arguments. It stated that the tax...
- Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT DelhiProperty owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no...
- Mumbai Airport defers shift of international flights to Navi Mumbai by 5 monthsThe planned shift of international operations from the airport in Mumbai to Navi Mumbai has been deferred to the summer schedule, pushing t...
- Partial shifting of international ops from Mumbai airport deferred till March 2027Adani Airports has decided to delay the transition of international flights to Navi Mumbai airport until March 2027. This decision comes af...
- 40 SpiceJet pilots refuse to fly Q400 aircraft till salary dues cleared, sources sayAround 40 pilots of SpiceJet's Q400 fleet have delayed their flights until unpaid salary dues are settled. This decision has received suppo...
- Jamestown bought Atlanta’s former Sears building for $27 million. Here’s how it became Ponce City MarketJamestown bought Atlanta’s former Sears building for $27 million in 2011 and transformed the 2.1-million-square-foot property into Ponce Ci...
- What happened to Danbury's Crowne Plaza hotel? Its 10-story building has found an entirely new purposeDanbury's Crowne Plaza hotel has been redeveloped into an apartment complex called Innovation Studios after years of decline. The project w...
- Adani Airports vs airlines: Why Mumbai-Navi Mumbai flight shift has triggered a standoff | ET ExplainerAdani Airports is facing resistance from airlines over its plan to temporarily shift international flights from Mumbai airport to Navi Mumb...
- EXPLAINER: Why are airlines and Adani Airports at odds?Mumbai's Terminal 1 is set for redevelopment starting in January 2027, which has led to a flight reduction dispute. Airlines are concerned ...
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