Category: REAL ESTATE NEWS

Dadar Redevelopment Dispute: Tribunal Orders 2% Penalty, Conveyance to Housing Society

September 19, 2026

Mumbai: The Maharashtra Real Estate Appellate Tribunal (MahaREAT) has directed the promoters of RA Residences in Dadar East to pay a penalty equivalent to 2% of the project cost, in a dispute concerning changes to the project’s development plans. The order was passed on September 16, 2026. (Source : LiveLaw) The dispute concerns revisions made […]

Dadar Redevelopment Dispute: Tribunal Orders 2% Penalty, Conveyance to Housing Societymore

Mumbai’s N. M. Joshi Marg BDD Chawl Redevelopment: 684 Homes Targeted by December

September 18, 2026

Mumbai, September 18, 2026: The redevelopment of the N. M. Joshi Marg BDD Chawl has entered a key delivery phase, with 342 rehabilitation homes receiving Occupation Certificates (OCs) and another 684 homes targeted for completion and handover by December 2026. The first phase comprises 1,241 rehabilitation homes across seven buildings. Two buildings, accounting for 342 […]

Mumbai’s N. M. Joshi Marg BDD Chawl Redevelopment: 684 Homes Targeted by Decembermore

MHADA’s Old Colonies Could Become Mumbai’s Biggest New Housing Pipeline

925 acres across 11 redevelopment projects could generate thousands of rehabilitation and MHADA homes, turning ageing colonies into a major source of future housing MUMBAI: Mumbai’s next major source of housing may already exist within the city — in the form of its ageing MHADA colonies. The Maharashtra Housing and Area Development Authority’s (MHADA) redevelopment […]

MHADA’s Old Colonies Could Become Mumbai’s Biggest New Housing Pipeline more

Pranav Constructions IPO Puts Mumbai’s Redevelopment Market In Focus

September 17, 2026

The developer’s September 15 listing comes as redevelopment becomes an increasingly important way of creating new housing within Mumbai’s established neighbourhoods. MUMBAI: Mumbai’s redevelopment market is gaining a new dimension as developers with large pipelines of society redevelopment projects increasingly build businesses around the transformation of the city’s ageing housing stock. The latest example is […]

Pranav Constructions IPO Puts Mumbai’s Redevelopment Market In Focusmore

Bombay HC Sets Aside ₹52.61 Crore Property Valuation in Stamp Duty Dispute

Mumbai, September 17, 2026: The Bombay High Court has set aside a ₹52.61-crore property valuation that led to a ₹2.03-crore stamp-duty demand, ruling that uncertain future redevelopment benefits cannot be treated as guaranteed value while determining property valuation. The ruling has implications for Mumbai’s redevelopment market, where development rights, FSI and TDR can significantly influence […]

Bombay HC Sets Aside ₹52.61 Crore Property Valuation in Stamp Duty Disputemore

Maharashtra Forms SIT to Examine 174-Acre Kalyan Land Transaction

Mumbai, September 17, 2026: Maharashtra’s Revenue Department has formed a Special Investigation Team (SIT) to examine the ownership and transaction history of a 174-acre parcel of land in Kalyan. The land was originally government-owned grazing land and was transferred to Premier Automobiles in the 1960s. The inquiry will examine subsequent dealings involving the property, including […]

Maharashtra Forms SIT to Examine 174-Acre Kalyan Land Transactionmore

Mumbai’s Old Buildings Become a Major Source of New Housing

September 15, 2026

Mumbai: Mumbai’s future housing supply is increasingly tied to what already exists on the ground. As the city has little scope to keep expanding through large vacant plots, redevelopment of ageing buildings is becoming a major route for creating new residential space. More than 1,000 redevelopment projects have been launched in Mumbai since 2020, highlighting […]

Mumbai’s Old Buildings Become a Major Source of New Housingmore

Jaypee Infratech Sets ₹3,000 Crore Construction Plan for Stalled Projects

After years of delays that left thousands of homebuyers waiting for possession, Jaypee Infratech is stepping up construction activity across its stalled housing projects with a planned ₹3,000-crore investment over the next two years. The company, currently managed by Suraksha Group, is also pursuing fresh development opportunities along the Yamuna Expressway even as it works […]

Jaypee Infratech Sets ₹3,000 Crore Construction Plan for Stalled Projectsmore

Century Mills Redevelopment Gets BMC Approval; ₹1,351-Crore Bid Selected

September 14, 2026

Mumbai: The BMC has approved the 30-year lease of its Century Mills plot in Lower Parel to Peddar Realty for redevelopment. Peddar Realty emerged as the highest bidder with a ₹1,351-crore offer, while the lease includes a renewal clause. The 6.17-acre plot currently comprises 23 buildings, 476 tenements and 10 shops occupied by eligible mill-worker […]

Century Mills Redevelopment Gets BMC Approval; ₹1,351-Crore Bid Selectedmore

PMAY-U 2.0 Approvals Take Urban Housing Sanctions to 18.77 Lakh

New Delhi: The Centre has approved a fresh set of urban housing proposals under the Pradhan Mantri Awas Yojana-Urban 2.0, taking the total number of houses sanctioned under the scheme to 18.77 lakh. The latest round covers more than 29,000 houses. (Source for figures: Ministry of Housing and Urban Affairs/PIB, September 11, 2026.) The approvals […]

PMAY-U 2.0 Approvals Take Urban Housing Sanctions to 18.77 Lakhmore