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Bombay HC asks BMC to grant builder TDR in four weeks

Publish on : 2023-09-20 12:16:25

The order by the HC bench of Justices Gautam Patel and Kamal Khata came after the MMRDA contended on oath that it is not the planning authority for a portion of the Sahar Elevated Road that was built on the land belonging to Eversmile Construction Company Pvt Ltd. MUMBAI: The Bombay high court th...

MMRDA proposes to set up 350 sq km 'town' across Mumbai harbour

Publish on : 2023-09-20 12:12:45

The authority is aiming to make the region the fastest growing centre in the country in the next decade on the back of Navi Mumbai International Airport (NMIA) and the Mumbai Transharbour Link (MTHL), its commissioner Sanjay Mukherjee said. MUMBAI: The Mumbai Metropolitan Regional Development A...

Bombay HC asks BMC to grant builder TDR in four weeks

Publish on : 2023-09-20 12:06:57

The order by the HC bench of Justices Gautam Patel and Kamal Khata came after the MMRDA contended on oath that it is not the planning authority for portion of the Sahar Elevated Road that was built on the land belonging to Eversmile Construction Company Pvt Ltd. MUMBAI: Bombay high court this...

MahaRERA suspends 388 realty projects' registration for not providing quarterly updates

Publish on : 2023-09-20 12:04:59

This information is required to be updated as per the Real Estate (Regulation & Development) Act, 2016. The regulation states that realty developers must register their projects with MahaRERA and update the information related to the same on a quarterly basis. The Maharashtra Real Estate Regulato...

Hinduja Group's headquarters in Mumbai to get a makeover

Publish on : 2023-09-20 12:02:58

The group, which employs over 200,000 people, is looking to complete the redevelopment of this property over the next 3-4 years.The ground plus five-storey property overlooking the Arabian Sea was built by the group in the 1980s. Hinduja Group, the century-old Indian transnational conglomerate, i...

MSRDC to monetize land parcels along Pune-Mumbai expressway to fund big projects

Publish on : 2023-09-20 11:58:42

A total of 450 hectares will be leased to fund major infrastructure projects, such as the Samruddhi expressway, Pune ring road, Virar-Alibaug multimodal corridor and Jalna Nanded expressway, among others, he said. PUNE: The Maharashtra State Road Development Corporation (MSRDC), which is executin...

Bombay HC issues notice to Centre over housing project near ordnance depot

Publish on : 2023-09-07 12:12:41

Sethia Infrastructure Pvt Ltd had filed a petition this year to challenge as "arbitrary, illegal, high-handed and discriminatory" acts of the Centre in objecting to proposed construction despite the project site being almost 80 metres away from the defence establishment. MUMBAI: Bombay HC recentl...

MahaRERA to grade every real estate project

Publish on : 2023-09-07 12:10:22

The gradation based on the criteria fixed by MahaRera will be available to the general public to understand the status of the project and thus will empower them to decide on whether to invest in the project or not. MUMBAI: In a move that promises to streamline the real estate sector and make it m...

Mhada gives provisional offer letters to 3,500 lottery winners

Publish on : 2023-09-07 12:07:55

CEO Sanjeev Jaiswal dispatched the letters "in record time at one click" at a press conference, using Mhada's new integrated Housing Lottery Management System (IHLMS 2.0) lottery software." MUMBAI: Mhada's Mumbai board on Monday issued provisional offer letters (POLs) online to 3,515 successful w...

Net absorption to dip 10% year-on-year in FY24 for office leasing segment: ICRA

Publish on : 2023-09-07 12:06:22

The office developers are expected to witness a revenue growth of 11-13% in FY24 supported by scheduled rent escalation and improvement in occupancy levels of reputed office players. NEW DELHI: The net absorption of office leasing across the top six cities in India to decline by 10% year-on-year...