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Mumbai: Bombay Dyeing's mill land in Worli to be sold to Sumitomo for about Rs 5,000 crore

Publish on : 2023-09-07 12:01:34

Early this week, a public notice was issued by the law firm Wadia Ghandy on behalf of its unnamed client, wanting to investigate the right, title and interest of the Bombay Dyeing and Manufacturing Co Ltd land measuring over one lakh sq m at Worli. MUMBAI: It could well turn out to be the city'...

Mumbai: Eight booked for building four flats with fake seals

Publish on : 2023-09-07 11:59:15

The flats were later sold to buyers. The police said the accused had also obtained RERA permits. MUMBAI: The Virar police on Monday booked eight property developers for constructing four residential flats in Virar (E) by using counterfeit seals. The flats were later sold to buyers. The police...

Motilal Oswal Alternates to raise Rs 2,000 crore for its sixth real estate fund

Publish on : 2023-08-26 14:25:56

Motilal Oswal Alternates expects to achieve first close by December 2023 and complete the fund-raising process within the following 6-9 months. NEW DELHI: Motilal Oswal Alternates (MO Alts), the alternative investments arm of Motilal Oswal Financial Services will raise up to Rs 2,000 crore throug...

About 170 realty projects in Mumbai region, Pune want to fold up

Publish on : 2023-08-26 14:20:57

Eight of them are from Mumbai suburban district, four from Mumbai city, 21 from Thane district, 29 from Raigad, 7 from Palghar and 63 projects from Pune, among others. MUMBAI: The number of projects that their promoters are seeking to deregister has climbed to 170. Developers take the drastic ste...

Realty buoyant as registrations & revenue up in Maharashtra in first four months of fiscal

Publish on : 2023-08-26 14:12:53

Even as the state government kept a status quo on ready reckoner rates (RR) and stamp duty this year, the April to July registrations have seen a 5% increase — while a 21% increase has been registered in the revenue collection figures in the period. PUNE: The state property registration departmen...

Maharashtra's new housing policy by November 2023: Housing minister

Publish on : 2023-08-26 14:10:47

“We have had three meetings regarding the policy and the department is working on various aspects, whether it is affordable housing or redevelopment," said Atul Save. PUNE: State housing minister Atul Save told TOI on Friday that the new housing policy, which is likely to be ready by November, wi...

Mumbai: No new SRA projects till slum dwellers paid Rs 620 crore rent due

Publish on : 2023-08-26 14:09:05

The SRA circular stated that no new proposals of defaulting developers and firms and their partners or directors who haven’t paid transit rent will be accepted unless all dues are cleared MUMBAI: With Slum Rehabilitation Authority (SRA) builders still to pay around Rs 620 crore in rent to slum dw...

Bank of Baroda calls off Sunny Deol's Juhu villa auction

Publish on : 2023-08-26 14:04:40

Bank of Baroda said the e-auction notice published on August 20 "stands withdrawn due to technical reason". MUMBAI: A day after putting out a public notice to auction a villa owned by actor and sitting BJP Member of Parliament Sunny Deol to recover Rs 56 crore dues, Bank of Baroda on Monday said...

Maharashtra government's deemed conveyance proposal finds no takers

Publish on : 2023-08-26 14:02:24

The government resolution issued on May 31 this year made it binding on officials to issue deemed conveyance for self-development projects within 30 days after application as against the previous six-month deadline. PUNE: The state cooperation department has not received a single application for ...

Around 21 hectares available in Kalyan for housing mill workers: Maharashtra CM

Publish on : 2023-08-26 14:00:35

On Monday, Shinde held a review of the rehabilitation of mill workers at Sahyadri State Guest House. The meeting was attended by guardian ministers Deepak Kesarkar and Mangal Prabhat Lodha and several MLAs. MUMBAI: Around 21 hectares of land is available in Kalyan taluka for providing houses to m...