The Maharashtra government introduced the new housing policy ‘Majhe Ghar, Majha Adhikar’ (My Home, My Right) on May 20, 2025. Under the new housing policy affordable, sustainable and inclusive residences will be provided to … READ FULL STORY
Redevelopment is the buzzword of real estate development today. It is indeed exciting to see the transformation of existing, often debilitating buildings or infrastructures into modern sustainable residential or commercial complexes. Everywhere one looks, … READ FULL STORY
One of the most expensive real estate places in the world is Mumbai. One of the reasons for this is the demand here and the evolving skylines of the city. There are many old … READ FULL STORY
Mumbai, one of the most crowded cities in India, is known for its dynamic and active real estate market. This city is continuously changing, and one of the biggest changes is the redevelopment of … READ FULL STORY
September 13, 2024: Puravankara has acquired the redevelopment rights of Miami Apartments at Breach Candy. Spread over 2,000 sqm, this marks the developer’s entry into the uber-luxury South Mumbai market. According to Puravankara, the … READ FULL STORY
Mumbai real estate is one of the most expensive in the world and land saturation is one of the biggest reasons for this. More demand and no land supply. Redevelopment and Mumbai Availability … READ FULL STORY
July 30, 2024: Oberoi Realty on July 29 entered into a development agreement for development and redevelopment of land measuring approximately 2,576 sqm, situated at Carter Road, Bandra (West), Mumbai, the company mentioned in … READ FULL STORY
The Brihanmumbai Municipal Corporation (BMC), the Navi Mumbai Municipal Corporation (NMMC) and other local municipal bodies in Maharashtra release a list of dilapidated and cess buildings every year during monsoon season. These are declared … READ FULL STORY
May 28, 2024: The transit rent paid by the developer to the owner when the property goes for redevelopment does not qualify as revenue/income and so cannot be taxed, the Bombay High Court in … READ FULL STORY
April 24, 2024: Puravankara has been selected as the developer for redeveloping a residential society in Pali Hill, Bandra, Mumbai, the company mentioned in a regulatory filing with the National Stock Exchange (NSE). Located … READ FULL STORY
October 20, 2023: Actor Aamir Khan’s properties in two buildings in Bandra’s Pali Hill- Bella Vista and Marina Apartments are all set to go for redevelopment. Spread over around 0.8 acre, there are 24 … READ FULL STORY
October 17, 2023: Ajmera Realty & Infra India (ARIIL) has undertaken redevelopment of the Balkrishan Co-operative Housing Society based in Versova, Mumbai. Located at a two-minute walking distance from the Versova Metro Station, the … READ FULL STORY
June 5, 2023: In a move to encourage cluster redevelopment in Mumbai, the Maharashtra government has granted a 50% waiver in premium that developers have to pay for cluster development. Applicable for a year, … READ FULL STORY
