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Tag: redevelopment

Home » redevelopment » Page 2

Current News
By Anuradha RamamirthamOctober 30, 2023

Aamir Khan’s Pali Hill apartments to go for redevelopment

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

Current News
By Anuradha RamamirthamOctober 17, 2023

Ajmera Realty to redevelop Balkrishan Housing Society in Versova Mumbai

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

Current News
By Anuradha RamamirthamJune 5, 2023

Maha govt grants 50% waiver in premium for cluster development

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

Locality Trends
By Saifee Burhani Upliftment TrustMay 26, 2023

Bhendi Bazaar Mumbai: Location guide

Bhendi Bazaar, a Mumbai locality known to be one of the city’s most densely populated areas, is home to a rich cultural history. Until recently, this place was home to dilapidated chawls and buildings. … READ FULL STORY

Current News
By Housing News DeskMay 25, 2023

Saifee Burhani Upliftment Trust starts Bhendi Bazaar Phase-2 redevelopment

The Saifee Burhani Upliftment Trust (SBUT) laid the foundation stone for Sector 4 named ‘An-Nasr’, part of Phase-2 of Bhendi Bazaar redevelopment on February 7, 2023. Of the total 16.5 acre of land undertaken … READ FULL STORY

Current News
By Anuradha RamamirthamFebruary 8, 2023

May rope in MahaRERA-approved builders to complete stuck redevelopment projects: Bombay HC to MHADA

The Bombay High Court (HC) has asked the Maharashtra Housing and Area Development Authority (MHADA) to find out whether it could take assistance from the state real estate regulator to find developers who can … READ FULL STORY

Current News
By Anuradha RamamirthamFebruary 20, 2023

CIDCO reconstruction policy amended; only 51% member consent required for building redevelopment

Revising its reconstruction policy, City and Industrial Development Corporation (CIDCO) on January 20, 2023 mentioned that consent of only 51 percent members are required for redevelopment of a building in Navi Mumbai. “The CIDCO … READ FULL STORY

Property Trends
By Anuradha RamamirthamDecember 19, 2022

Maha government revokes rule on cluster redevelopment for MHADA buildings

Maharashtra state government has reversed the previous government’s resolution that made cluster development compulsory for all MHADA layouts – Mumbai, Konkan, Nashik and Pune. Orders for the joint redevelopment of single buildings, housing societies … READ FULL STORY

Property Trends
By Anuradha RamamirthamFebruary 8, 2023

MHADA law amendment gets President approval

President Draupadi Murmu has approved the amendment in the Maharashtra Housing and Area Development Authority (MHADA) Act, 1976. While the state government had passed a bill amending the MHADA Act 1976 in 2020, the final nod … READ FULL STORY

Current News
By Housing News DeskNovember 24, 2022

Give update on FIRs against builders in re-development projects: SC to MHADA

The Supreme Court (SC) has given Maharashtra Housing and Area Development Authority (MHADA) three weeks to submit details about the extra area that needs to be surrendered by builders involved in 246 redevelopment projects … READ FULL STORY

Property Trends
By Anuradha RamamirthamDecember 9, 2022

388 MHADA buildings in South Mumbai to be redeveloped

The Maharashtra government is set to issue a notification for the redeveloping of 388 MHADA buildings in South Mumbai that are more than 30 years old.  The move by the state will come as … READ FULL STORY

Property Trends
By Anuradha RamamirthamJanuary 3, 2023

All about Mumbai BDD chawl redevelopment

What are Chawls? Prominent in Maharashtra, a chawl is a one room or two rooms unit that has a long corridor and sharing bathrooms and toilets with other tenants. The layout is such that … READ FULL STORY

Legal
By Rahul HingmireJuly 3, 2022

Tips for home buyers considering properties under redevelopment projects

‘Redevelopment’ is rather unexplored by most home owners, because of the legal ambiguities around the concept. Redevelopment refers to the refurbishment of an existing property. It can be an exhaustive process, due to the … READ FULL STORY

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