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Latest News
Two promoter entities offload 4.1% stake in Sunteck Realty for Rs 288 crore
Publish on : 2023-12-15 17:19:36
According to the bulk deal data available with the BSE, Satguru Infocorp Services and Starlight Systems disposed of 30 lakh shares each, amounting to a 4.10 percent stake in Sunteck Realty. NEW DELHI: Two promoter entities on Wednesday offloaded their entire 4.1 percent stake in real estate devel...
Mumbai-based builder booked for cheating flat buyer of Rs 3.3 crore
Publish on : 2023-12-15 16:34:23
The Amboli police on Tuesday booked the directors of Saisagar consultant Jayesh, his wife Shradda, his brother Deep Tanna, and son Vivek Tanna for cheating and forgery. MUMBAI: The Mumbai police registered a fresh case against city builder Jayesh Tanna and his kin for cheating a flat buyer of Rs...
Mumbai: BMC's credit notes worth Rs 450 crore under lens as no GST paid
Publish on : 2023-12-15 16:28:35
Central GST sources said the BMC issued credit notes to builders. The builders sold these to others, including prominent city developers, who used them to settle their civic dues. MUMBAI: The BMC’s controversial credit note policy, where payments to builders were made through credit notes worth...
Dosti Realty forays into redevelopment, plans Rs 1,000 crore investment to build portfolio
Publish on : 2023-12-15 16:21:50
As its maiden project involving redevelopment work, the company has secured rights to redevelop a large housing society spread over a prime 2.5-acre land parcel in Thane’s Louis Wadi locality. Property developer Dosti Realty is foraying into the business of housing society redevelopment and is lo...
Mumbai: MMRDA to redevelop Ramabai slum to extend Freeway
Publish on : 2023-12-15 16:18:10
A part of the extended alignment will pass through Ramabai Ambedkar Nagar for which MMRDA will have to acquire the slum land. MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) will redevelop a roughly 75-acre slum sprawl, Ramabai Ambedkar Nagar, located off Eastern Express High...
After tremors, Navi Mumbai builders take stock of earthquake resistance
Publish on : 2023-12-04 14:32:02
A day later, builders and civic officials said housing and commercial towers, as well as other structures in Navi Mumbai, are safe as the base and plinth of buildings are made earthquake-resistant at the time of construction. NAVI MUMBAI: Locals in Panvel, Kamothe, and parts of Kharghar were scar...
Hiranandani Group forays into service consultant development model
Publish on : 2023-12-04 14:17:42
Hiranandani Group has commenced work on its first project Vista spanned across 3.33 lakh sq ft at Andheri West, Mumbai. The project will be delivered in December 2028. The development service model will start with Andheri West, followed by Versova and Chembur. 
NEW DELHI: Hiranandani Group has laun...
Tenants can't stand in way if owner wants to redevelop building: Bombay HC
Publish on : 2023-12-04 14:14:44
This limited right of a tenant cannot be expanded to eclipse- indeed, obliterate-the full rights of a property owner willing to undertake re-development," said the HC. MUMBAI: The Bombay High Court has set aside repair permissions granted by the Mumbai civic chief in May this year to tenants of a...
Property registration in Mumbai municipal area rises 8% in November 2023
Publish on : 2023-12-04 14:11:28
In November last year, as many as 8,965 units were registered. The registration number is higher year-on-year, but it is less than in October when 10,607 units were registered. NEW DELHI Registration of properties in the Mumbai municipal area has increased by over 8 percent to 9,713 units so far...
Tenants urge government to get senior counsel to defend Maharashtra Rent Act in SC
Publish on : 2023-12-04 14:09:32
In a letter to CM Eknath Shinde, the tenants have asked for a commitment to protect the rights of tenants, considering the history of rent control in the state and the actual payment of 'Pugree' by tenants. MUMBAI: Tenants associations across the city have written to the chief minister and housin...

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