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REDEVELOPMENT OF PROPERTY TENANT
From Dhobi Ghat to luxury towers: How redevelopment is unlocking Mumbai's next real estate boomMumbai's property landscape is shifting towards redevelopment as developable land becomes scarce. Historic Mahalaxmi is transforming into a...- 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...
- UK Renters Right Act: Landlord can’t evict tenants during 12 months protected period; Here’s when landlords can get possession of the propertyEngland's new Renters Right Act offers tenants a 12-month eviction shield at tenancy start. Landlords cannot evict for personal use or sale...
- 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...
- Property or problem? The hidden legal traps haunting India’s property owners: Here’s how to navigateProperty ownership in India, once a symbol of security, now presents significant legal challenges due to unclear titles and disputes. Buyer...
- Man surrendered tenancy rights for Rs 11 crore flat in redevelopment project; Income Tax dept issued notice but ITAT Mumbai ruled in his favour. Here's whyA Mumbai tenant received a Rs 11 crore apartment for giving up tenancy rights during redevelopment. The Income Tax department questioned th...
- 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...
- ₹2.6 crore flat and zero tax: How a Mumbai man won twice in courtIn a significant ruling, the Income Tax Appellate Tribunal (ITAT) has declared that a Mumbai resident will not be taxed on a ₹2.6 crore fla...
- Japan’s Marubeni, Wadhwa Group in talks for real estate investment platformThe Wadhwa Group is eyeing redevelopment of old and dilapidated tenanted projects in India’s commercial capital as a growth opportunity for...
- 'Pagdi’ buildings may be brought under RERAThe Pagdi system, which has been in existence since pre-independence era across many parts of the country, is a rental model.
- 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...
- ‘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...
- How Bhavesh Sanghrajka’s love for high-rise buildings helped him build a Rs 22 crore realty companyBhavesh Sanghrajka’s love for high-rise buildings made him enter the realty sector and start Shraddha Life Space, Rs. 22 crore company.
- Birla Infrastructure Ltd enters into joint venture with Nahar GroupBirla Infrastructure Ltd has entered into a joint venture with Mumbai-based developer Nahar Group to jointly redevelop nearly an acre prope...
- Godrej Properties in pact for 2.5 acre redevelopment project in Mumbai suburbGodrej Properties has entered into an agreement to redevelop a private society owned property in Ghatkopar suburbs of Mumbai.
- Indiareit Fund Advisors to raise Rs 500 cr via new fundThe fund to be raised in domestic market will be launched in the next four months and will have a greenshoe option of Rs 250 crore.
- Mahindra Group to buy out Mumbai's Nepean Sea Road bungalow 'Gulistan' for Rs 270 croreMahindra Group's real estate arm will pay close to Rs 270 crore to acquire a three-storey bungalow where Anand Mahindra was born and lives ...
- 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...
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