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Mumbai: No reply to civic notices, FIRs filed on three illegal buildings in Virar

Publish on : 2023-08-14 13:35:46

On Wednesday, police registered three fresh FIRs against Vinayak Apartment, Omkar Apartment and Anandi Villa in Chandansar that were built illegally in Virar (E), as per the civic administration’s complaint. MUMBAI: In a knee-jerk reaction after the counterfeit seals and forged documents scam...

Registration of 160 realty projects stuck as local bodies fail to update MahaRERA via email

Publish on : 2023-08-14 13:21:30

However, while some major civic corporations have been following the diktat, some municipal councils and town planning authorities have not been updating MahaRERA via emails, leading to pendency of registration of as many as 160 real estate projects in the state. MUMBAI: After some developers fro...

HC axes builders from redevelopment project in South Mumbai over arrears

Publish on : 2023-08-14 12:45:29

Parekh Constructions, Parekh Constructions LLP and Nishcon Realty have to clear out from the project site in Chira Bazar area before Independence Day, the HC directed Friday. Mhada can appoint another builder, it added. MUMBAI: The Bombay HC, which a week ago had said "enough is enough" over defa...

Kolte-Patil Developers acquires two society redevelopment projects in Mumbai

Publish on : 2023-08-04 16:47:56

In April-May 2023, Kolte-Patil Developers had announced acquisition of four projects, two in Pune and two in Mumbai, with the total development potential of ~2.6 million sq. ft. and topline potential of Rs. 2,500 crore. NEW DELHI: Kolte-Patil Developers (KPDL) has signed two new society re-de...

Construction waste plants for Mumbai likely by February next year

Publish on : 2023-08-04 16:45:53

Contracts for the two plants were awarded to AG Enviro Infra Projects and Metrro Waste Handling in February this year. MUMBAI: While the BMC is seeking consultants for supervising work on the two construction and demolition waste plants that will process about 1,200 tonnes of waste per day at Gor...

Mumbai: Dilip Kumar's Pali Hill bungalow to make way for residential project

Publish on : 2023-08-04 16:40:56

The new project, spread over nearly half an acre of land parcel in Mumbai's Bandra suburb, will also house a museum dedicated to the actor's life journey and key milestones. Late Bollywood actor Dilip Kumar's family has entered into an agreement with realty developer Ashar Group to develop a luxu...

Applicants anxious as Mhada yet to declare date of Mumbai housing lottery

Publish on : 2023-08-04 16:40:03

Mhada's Mumbai Board has accepted 1,20,144 valid entries for its upcoming lottery of 4,082 flats in locations like Juhu, Andheri, Goregaon, Borivli, Powai, Tardeo, Ghatkopar, Sion and Vikhroli. MUMBAI: Applicants to Mhada's Mumbai housing lottery 2023 are anxiously waiting for the agency to decla...

Report on 25,000 slum units' redevelopment to be sent in two months: Maharashtra CM

Publish on : 2023-08-04 16:38:46

According to the CRZ Notification 2011 of the ministry of environment, forest and climate change, if these slums are to be redeveloped, 51% of the share will be with the state government. MUMBAI: The state will submit within two months the environmental cost benefit analysis report sought by the...

Prestige Estates acquires DB Realty's south Mumbai land parcel for Rs 704 crore

Publish on : 2023-07-14 12:56:17

DB Realty had initially planned to develop a 125-storey luxury hotel on the plot. The plan was later modified in favour of a luxury residential project with two towers, which remained a non-starter. Realty developer Prestige Estates Projects’ subsidiary Prestige Projects has acquired a prime sea-...

RBI may work on 'top-up' loans for home buyers in stuck projects

Publish on : 2023-07-14 12:54:16

"The RBI representative present in the meeting has assured that the banking regulator will consider the special dispensation, and they are considering it. It's likely to inform (the panel) about its decision soon," he added. The Reserve Bank of India (RBI) could look at providing a "special dispe...