Mumbai : The Slum Rehabilitation Authority (SRA) has set a target of completing 5,09,873 rehabilitation homes by December 2030, as Mumbai steps up efforts to accelerate slum redevelopment. The authority plans to complete 90,264 homes by December 2026, rising to 1,48,219 by December 2027, 2,44,356 by December 2028, 3,61,026 by December 2029 and 5,09,873 by […]
SRA targets 5.09 lakh homesmore
Mumbai: Blackstone has proposed selling up to 25.03% of its stake in Knowledge Realty Trust through an offer for sale, with the transaction valued at about ₹11,988 crore ($1.26 billion) at the floor price of ₹108 per unit. The offer comprises a 16.69% base offer and an additional 8.34% stake in case of oversubscription. Blackstone […]
Blackstone plans REIT stake salemore
New Delhi: Sales bookings across 28 major listed real estate companies fell 21 per cent to Rs 39,964 crore in the April-June quarter of 2026-27, from Rs 50,900 crore a year earlier. The decline was linked to lower sales volumes, fewer project launches and cautious buyer sentiment amid global economic uncertainties. However, the slowdown was […]
Realty bookings fall 21% in Q1 FY27more
MUMBAI: Maharashtra has proposed a fresh set of Model Bye-Laws for cooperative housing societies, bringing redevelopment, parking, flat transfers, electric vehicle (EV) charging, structural safety and grievance redressal into sharper focus. The draft Model Bye-Laws 2026 for Co-operative Housing Societies — Tenant Co-partnership (Flat Type) have been released by the state Cooperation Department for public […]
Maharashtra Proposes New Housing Society Rules: Redevelopment, Parking & EV Charging in Focusmore
Micro-zoning to bring property valuations closer to ground realities PUNE: Maharashtra is set to take its property valuation reforms a step further, with Pune now preparing for a detailed micro-zoning exercise following the completion of the pilot study in Mumbai. The state registration department is working towards replacing broad Ready Reckoner (RR) zones with a […]
Pune to Get Plot-Wise RR Rates After Mumbai Pilotmore
A long wait for a home in Greater Noida has ended with a strict deadline for the developer. The Ghaziabad District Consumer Disputes Redressal Commission has directed Solitaire Real Infra to complete construction of a flat and hand over possession to the buyers within 30 days. The case relates to a residential unit booked in […]
Five-year delay, 30-day deadline for buildermore
New policy brings back land allotment for housing societies with auctions, reservations and stricter rules MUMBAI: Maharashtra has reopened the process of allotting government land to cooperative housing societies after a gap of more than a decade. The new policy sets out a fresh process for allotment and also lays down rules for eligibility, flat […]
Maharashtra Reopens Government Land Allotment for Housing Societies After 15-Year Gapmore
MoHUA Advisory May Ease Delays, But Timely Execution Remains the Real Test When global geopolitical tensions begin influencing the timelines of housing projects in India, their impact extends far beyond construction sites. Recognising the extraordinary disruption caused by the ongoing conflict in West Asia, the Union Ministry of Housing and Urban Affairs (MoHUA) has advised […]
Four-Month RERA Relief Aims to Keep Housing Projects on Trackmore
A Legal Pause with Citywide Implications When a redevelopment project spanning 132 acres in two of Mumbai’s most valuable neighbourhoods reaches the Supreme Court, its impact extends far beyond the societies directly involved. The outcome has the potential to shape the legal interpretation of redevelopment rights, influence future urban renewal policies, and redefine the implementation […]
Supreme Court’s Interim Order Reshapes Mumbai’s Cluster Redevelopment Debatemore
Balancing Redevelopment with Environmental Responsibility Urban redevelopment in Mumbai is increasingly becoming a test of how infrastructure expansion can coexist with environmental conservation. The latest approval granted by the Brihanmumbai Municipal Corporation (BMC) Tree Authority for a major Slum Rehabilitation Authority (SRA) project in Powai reflects this delicate balance, combining large-scale rehabilitation with regulated environmental […]
Powai SRA Project Clears Major Hurdle After BMC Approves Tree Removal Planmore
