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REDEVELOPMENT OF HOUSING SOCIETY
Redeveloping an old society? Be careful while signing the POA in builder’s favour; know what to look out forHousing societies looking to redevelop must qualify under Development Control Regulations and pass a resolution during a meeting. After the...- Lata Mangeshkar bought a flat in 36-storey Pratibha tower in Mumbai, bulding was caught in a 1984 land scam, then demolished in 2019; now a 179-metre skyscraper is set to replace itLata Mangeshkar owned a flat in Mumbai's Pratibha building, a 36-storey tower that became infamous after a 1984 construction scam involving...
- 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...
- Office space leasing increases by 6% on-year during July–SeptemberIndia's office sector recorded absorption of 66.4 million sq. ft. in the January–September (9M 2026) period, marking a record high for any ...
- Maharashtra sets stricter redevelopment norms, higher safeguards for housing societiesMaharashtra has tightened redevelopment rules for cooperative housing societies, introducing stricter requirements for developer selection,...
- Mahindra Lifespace expects Rs 1,500 cr revenue from redevelopment of 3 housing societies in MumbaiMahindra Lifespace Developers Ltd is set to redevelop three residential societies in Mumbai. The company is looking to generate a revenue o...
- Will gives you property rights, but what next? Know these 7 steps to transfer ownership and secure possessionA Will plays a crucial role in outlining how assets will be allocated following an individual's death, which can lead to family disputes if...
- Tenant received Rs 1.38 crore worth of flats for surrendering tenancy rights for society's redevelopment, he received income tax notice; Know how he won the case in ITAT MumbaiTenant receives Rs 1.38 crore permanent alternate accommodation, gets Section 56(2)(x) tax notice; ITAT Mumbai gives relief; know why. This...
- Puravankara announces ₹5,200 crore township investment in Greater Noida, entering Delhi-NCR marketPuravankara will invest ₹5,200 crore in a Greater Noida township. This significant development marks the company's entry into the Delhi-NCR...
- Puravankara Ltd eyes Rs 2,600 cr revenue from redevelopment of 3 housing societies in MumbaiPuravankara Ltd will redevelop three housing societies in Mumbai. The realty firm expects a total revenue of Rs 2,600 crore. These projects...
- Dissenting housing society members challenge redevelopment plan citing 10% less area, but lose the case in Maharashtra co-operate appellate court for this reasonTwo members challenged redevelopment plan citing 10% less area with potential Rs 25 to 30 lakh loss; loses case in Maharashtra Co-operative...
- Pranav Constructions announces IPO price band, issue opens September 7. Check detailsPranav Constructions has set the IPO price band at Rs 118-124 per share, with the issue opening on September 7. The Rs 315.6-crore fresh is...
- Buying a house in a big gated society? Check these 4 key things before your dream home turns into a nightmareIndia’s cities cannot accommodate their rapidly growing urban populations without greater density. The trend towards large residential proj...
- 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 ...
- 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...
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