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Tag: #MumbaiDevelopment

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.

August 9, 2024

MUMBAI: The National Company Law Tribunal (NCLT) has confirmed the validity of the charge held by Piramal Capital & Housing Finance on Radius Estate Projects’ 5.4-acre development in Santacruz, Mumbai. This ruling, announced on Wednesday, settles a disputed issue involving creditors, including J.C. Flowers Asset Reconstruction and Piramal Capital & Housing Finance, by clarifying the […]

Piramal Capital Recognized as Creditor in Radius Project’s Mumbai Development.more

Mumbai: BMC lowers the building site tin sheet height restriction to 25 feet due to concerns about structural stability.

November 23, 2023

Mumbai: After considerable deliberation and in response to requests from multiple developers and architects regarding concerns regarding the structural stability of the sheets, the BMC has decided to reduce the height rule for tin sheets at construction sites from the originally proposed 35 feet to 25 feet. As per the guidelines released by the BMC […]

Mumbai: BMC lowers the building site tin sheet height restriction to 25 feet due to concerns about structural stability.more

Mumbai: Developers are now required to provide rehabilitation tenants with more space.

November 4, 2023

MUMBAI: The urban development department of the state has suggested that all BMC and Mhada rehab homes have a floor area of 405 square feet. Section 15 of the notification reads, “The fungible compensatory area admissible on rehab component will be given without charging a premium and such reusable compensatory area for rehabilitation section shall […]

Mumbai: Developers are now required to provide rehabilitation tenants with more space.more



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