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REDEVELOPMENT BUILDER
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...- Maharashtra govt decentralises land approval powers to speed up projectsMaharashtra's government has boosted the powers of district collectors and divisional commissioners. This move aims to speed up approvals f...
- 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...
- Alpha Corp to take over three stuck projects following Supreme Court approvalThe Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...
- Shah Rukh Khan's manager, her family buys 3 Mumbai flats worth Rs 38 crore in posh locality. Who is Pooja Dadlani?Pooja Dadlani, manager to Bollywood superstar Shah Rukh Khan, has made a significant real estate investment in Bandra. She, along with her ...
- Aditya Birla Real Estate aims Rs 1,700 cr revenue from 1st housing redevelopment projectAditya Birla Real Estate Ltd (ABREL) will redevelop a housing society in Mumbai and expects a revenue of Rs 1,700 crore from free-saleable ...
- Best approach for self-redevelopment of a real estate project: 7 things to knowFind out if you, as a society member, should embark on this ambitious project or leave it to the developer.
- Mumbai: Charkop building to serve as case study for self-redevelopmentWhat makes this project unique is that it was executed by residents themselves under the self-redevelopment scheme. No builder was involved...
- Should your housing society opt for self-redevelopment?The trend has gathered steam in Mumbai. It offers several advantages to the society members, but can be quite a tedious task.
- No Rera relief in redevelopment rowsLast month, Maharashtra Rera dismissed a complaint stemming from a redevelopment bid, filed by members of a housing society in Mumbai again...
- 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 ...
- ‘Mhada policy to dilute rights of tenants meant to favour builders’Mhada CEO Z Z Patil submitted the proposal to the municipal chief last month and urged him to incorporate the suggestions in the new develo...
- Maharashtra's slum rehabilitation scheme is a gold mine for buildersSlum enclaves in prime localities of the city have turned out to be gold mines for private developers.
- Mumbai's salt pan lands may house slum dwellersState will ask SRA to do a survey to assess eligible &non-eligible slum dwellers.
- State 'gifts' 6 builders 500 acres of slum landThe state government used a little-known rule in the Slum Act to hand over almost 500 acres of slum pockets to six developers.
- SC order paves way for redevelopment of MumbaiA Supreme Court order has paved the way for redevelopment of the entire city, the impact of which would be primarily felt in South Mumbai, ...
- Govt ropes in pvt players for Delhi slum redevelopmentKarol Bagh, Sarojini Nagar up for revamp; DLF, Omaxe, Rahejas express interest in project.
- State may redraw slum policyThe Bombay High Court’s recent censuring of the Maharashtra Slum Rehabilitation Authority (SRA) schemes may lead to a major policy shift in...
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