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REDEVELOPMENT OF BUILDING BY LANDLORD
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...
- Tenancy ended due to demolition of building? Law allows tenants to claim compensation or alternative accommodationTenants ordered to vacate a dilapidated building in Varanasi can seek compensation or rehousing after demolition. The Allahabad High Court ...
- Fresh push to unlock Mumbai’s long-stalled Pagdi buildings redevelopmentThe country’s financial capital has over 19,000 pagdi buildings, with more than 13,000 still pending redevelopment, many in prime central a...
- Mumbai’s redevelopment activity surge sparks rental housing market boomThe surge in housing society redevelopment across Mumbai has significantly increased rental demand, with average rentals rising 25-30% over...
- Two key developers’ associations consolidate under NAREDCONAREDCO is a self-regulatory body formed under the aegis of the Ministry of Housing and Urban Affairs (MoHUA), Government of India and it o...
- Mumbai: Gangster Arun Gawli's fortress Dagdi Chawl to be redeveloped; 2 skyscrapers to occupy spaceThe chawl, which was once a housing facility for workers employed in the nearby textile mills, currently has more than 350 tenants, with 10...
- Builder cheats buyers, Bombay HC puts his flat, plot on saleThe high court, in its recent order, said the builder never intended to complete the redevelopment work but was only interested in cheating...
- FSI increase in Mumbai to help only owners of properties: Niranjan Hiranandani“50% of the city requires to come under redevelopment and the redevelopment FSI is not being increased at all.”
- ‘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...
- Mumbai's realty sector in pause mode over development plan rejigZara had initiated talks for two redevelopment projects in Mumbai until the new plan was announced, but has kept the negotiations on hold.
- Bhendi Bazar redevelopment project gets govt nodThe project had been awaiting clearances, especially under the 33(9) Development Control Regulation, which necessitates a developer to purc...
- 100-yr-old Mumbai building fetches Rs 150 croreNowroz Building, a century-old residential building near Girgaum Chowpatty has been bought by Avinash Bhosale for Rs 150 crore.
- Going for redevelopment? Read the small print rightRedevelopment looks attractive with realty prices moving northward. But ignoring some minor details associated with it may cost you dearly.
- Private builders will get to redevelop cessed buildings in MumbaiThe Maharashtra government recently cleared a guideline that will open up a huge business opportunity for redevelopment in South and Centra...
- ‘Redevelopment is a big opportunity’Mumbai-based real estate company Orbit Corporation focuses on redevelopment of existing properties in Mumbai.
- Mumbai Police housing woes soon to be overThe problem of acute housing shortage faced by Mumbai Police may soon be over, as talks are on between the state government and the ROMF, t...
- Cessed buildings can be rebuilt if ‘dilapidated'In a major decision that will decide the future of some 17,000 old buildings in Mumbai, the Bombay High Court on Monday ruled that cessed b...
- City realtors flay state's housing policyThe real estate sector feels that the Maharashtra government has not done enough while bringing out its much-touted policy on housing last ...
- State to rebuild city's crumbling buildingsThe Maharashtra government has drawn up plans to demolish and rebuild over 20,000 dilapidated buildings in Mumbai in a massive 10-year reco...
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