Mumbai’s slum redevelopment programme has entered a defining phase, with ongoing projects now covering more land than has been redeveloped over the past three decades. The scale of activity reflects the government’s renewed focus on accelerating urban renewal, expanding affordable housing and improving living conditions for lakhs of families across the city. According to the […]
Slum Redevelopment Gains Momentummore
India’s rapidly evolving rental housing market continues to expose the gap between legal rights and on-ground practices. A recent dispute involving an alleged forfeiture of a ₹55,000 security deposit after a landlord discovered a tenant was living with her unmarried partner has once again brought rental agreements, tenant privacy and deposit protection into sharp focus. […]
Rental Rights Under Scrutinymore
Unlocking Value from Legacy Assets In a strategic move to strengthen its financial position, Onida Electronics is planning to monetise a part of its real estate portfolio to generate funds for reviving its iconic television brand. The initiative reflects the company’s renewed focus on improving operational efficiency while competing with major consumer electronics brands such […]
Onida Unlocks Real Estate Value to Drive Corporate Revivalmore
Maharashtra is preparing to introduce a first-of-its-kind legal framework aimed at enabling blockchain-based tokenisation of real estate assets. The proposed legislation seeks to digitise land-related transactions, allowing properties to exist as verifiable digital assets while creating new opportunities for ownership, investment and asset monetisation. Chief Minister Devendra Fadnavis has directed the state administration to draft […]
Maharashtra Moves to Enable Blockchain in Real Estatemore
Transparency in real estate advertising is no longer a matter of marketing preference but a regulatory obligation. Reinforcing this principle, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that the size of an advertisement or the fact that it is published free of cost does not exempt developers from complying with mandatory disclosure requirements. […]
MahaRERA Tightens Real Estate Advertising Rules, Makes Disclosure Norms Mandatorymore
Residents of Thane have intensified their opposition to Amazon’s proposed data centre in Balkum, raising concerns over its environmental impact, water consumption and electricity requirements. The protest highlights the growing challenge of balancing large-scale digital infrastructure projects with the interests of local communities and urban sustainability. Several hundred people staged a demonstration against the project, […]
Thane Data Centre Faces Local Oppositionmore
In a significant ruling for Mumbai’s redevelopment sector, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the mere execution and registration of a redevelopment agreement does not amount to the receipt of immovable property and, therefore, cannot trigger taxation under anti-abuse provisions of the Income Tax Act. The decision comes […]
ITAT Clarifies Tax Treatment of Redevelopment Agreementsmore
Consumer groups have raised concerns over MahaRERA’s commitment to transparency after the authority’s online dashboard tracking recovery warrants against defaulting developers remained unchanged for nearly six months, despite fresh recovery orders being issued during the same period. The “Recovery Warrants District Wise” section on the MahaRERA website was last updated on January 20. Although individual […]
MahaRERA Faces Questions Over Recovery Data Delaymore
Observing the growing number of unauthorised modifications in residential buildings, the Bombay High Court has directed the Maharashtra government to formulate comprehensive guidelines defining the kinds of alterations that can legally be undertaken in flats and housing societies. The court also instructed the Panvel Municipal Corporation (PMC) to take immediate action against unauthorised constructions identified […]
Bombay HC Seeks Clear Rules on Home Alterationsmore
Mumbai Chief Minister Devendra Fadnavis has announced a series of major urban renewal and housing initiatives, with the Dharavi Redevelopment Project emerging as the centrepiece of the state’s redevelopment agenda. Envisioned as an economic transformation programme as much as a housing initiative, the project aims to modernise infrastructure, strengthen connectivity and generate employment opportunities. The […]
Dharavi Redevelopment to Shape Mumbai’s Next Phase of Urban Growthmore
