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Bombay HC declines to grant relief in slum's Rs 15 crore transit rent plea

Publish on : 2023-11-20 12:42:23

HC was hearing a petition by Vaibhavi SRA Cooperative Housing Society Ltd against a March 2023 status quo order by the apex grievance redressal committee (AGRC). MUMBAI: Observing that “there is such a thing as going too far”, the Bombay High Court declined to grant interim relief in a petition b...

Realty prices in Mumbai may rocket on back of Dharavi revamp TDR

Publish on : 2023-11-20 12:31:20

Property market sources fear real estate prices in Mumbai may shoot up once TDR from the Dharavi revamp project becomes available. MUMBAI: City builders will now have to mandatorily utilize the transfer of development rights (TDR) from the Dharavi redevelopment project, according to a new notific...

Navi Mumbai metro rail line 1 services for public to begin from Nov 17: CIDCO

Publish on : 2023-11-20 12:20:40

In a release, the City and Industrial Development Corporation said services on the 11.10-kilometer route were being thrown open to the public on the direction of Chief Minister Eknath Shinde "without any official program". THANE: Services on metro rail line 1 between Belapur and Pendhar in Navi M...

Priyanka Chopra sells two Mumbai apartments to director Abhishek Chaubey

Publish on : 2023-11-20 12:15:52

Both the houses on the 9th floor of tower Karan Apartment in Lokhandwala area are cumulatively spread over nearly 2,300 sq ft. Priyanka’s mother Madhu Chopra has executed both the deals on the actor’s behalf. Actor and producer Priyanka Chopra Jonas, currently busy with her assignments in Hollywo...

Book builders if stop-work notice ignored, BMC chief tells squads

Publish on : 2023-11-20 12:07:06

If construction sites fail to follow the norms the BMC issued last month, the squad's first issue stop-work notices with the directive to promptly toe the line, but work at some of these sites has continued without so much as a pause. MUMBAI: BMC chief I S Chahal on Friday directed the 96 squads...

Favouritism allegations mischievous ploy, sections attempting to delay Dharavi project: DRP

Publish on : 2023-11-20 12:00:25

The Opposition Congress had on Friday alleged that the BJP government is 'benefitting' Adani Group by relaxing norms for the Dharavi redevelopment project in Mumbai. MUMBAI: Adani Group-helmed Dharavi Redevelopment Project (DRP) on Saturday refuted allegations of favouritism in the issue. In a st...

Bombay HC sets aside Thane civic body's decision against Sheth Developers

Publish on : 2023-11-20 11:54:36

The HC set aside as “manifestly arbitrary’’ the Corporation’s July 2023 refusal to grant the builder development permission with additional developable space as provided in a 2020 regulation, for its free sale building. MUMBAI: Thane Municipal Corporation cannot have the “considerable financial b...

Maharashtra government to acquire Air India building for Rs 1,601 crore

Publish on : 2023-11-15 17:09:06

The 23-storey building is owned by Air India Assets Holding Limited, a company created by the Union Ministry of Civil Aviation in 2018 to manage all Air India-owned properties. MUMBAI: The Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mum...

Sparkle Two Mall Developers buys land parcel in Thane for Rs 429 crore

Publish on : 2023-11-15 17:05:52

Sparkle Two Mall Developers, a wholly-owned subsidiary of The Phoenix Mills has paid an amount of Rs. 400.87 crores under two conveyance deeds. NEW DELHI: The board of directors of Sparkle Two Mall Developers, a wholly-owned subsidiary of The Phoenix Mills, has approved the acquisition of a land...

Mahindra Lifespaces cancels joint development of 4.8-acre land in Mumbai's Dahisar

Publish on : 2023-11-15 17:01:59

Mahindra Lifespaces also received a notice from Pimpri Chinchwad Municipal Corporation, imposing a penalty of Rs. 4.6 lakh for alleged non-adherence to applicable directions to combat air pollution in construction sites. NEW DELHI: Mahindra Lifespace Developers, the real estate arm of Mahindr...