Real Estate Mumbai
Mumbai's Urban Transformation: 18% of City's Real Estate Opened for Development
The Maharashtra government has unlocked 18% of Mumbai's real estate for redevelopment, with a focus on housing for economically vulnerable citizens, marking a significant step in the city's urban renewal.
real estate news
Mumbai Unlocks 18% of Real Estate for Development and Slum Rehabilitation
Mumbai is witnessing a massive urban renewal as the government opens up 18% of the city's real estate for development and slum rehabilitation. This initiative, spearheaded by various government bodies, aims to transform the city and provide affordable housing.
Real Estate Mumbai
Supreme Court Upholds Church Trust's Preferential Right in Slum Land Acquisition
The Supreme Court of India has ruled in favor of the Basilica of Our Lady of the Mount, upholding the Church Trust's preferential right to redevelop a disputed area in Bandra, Mumbai. This decision strikes down the acquisition attempts by Saldanha Real Estate Pvt. Ltd.
real estate news
Supreme Court Rejects Bandra Church Land Acquisition, Upholds Landowner Rights
The Supreme Court has set aside the acquisition of Church-owned land in Bandra by the Slum Rehabilitation Authority (SRA), reaffirming the landowner's right to redevelop slum-affected property.
Real Estate Pune
Maharashtra Government Halts Controversial TDR for Janta Vasahat, Orders Inquiry
The Maharashtra government has suspended the Slum Rehabilitation Authority's (SRA) decision to grant full TDR for land at Janta Vasahat in Parvati and has ordered an investigation into the matter.
Real Estate Mumbai
Mumbai's Ambitious Plan to Deliver 500,000 SRA Homes in 5 Years
The Slum Rehabilitation Authority (SRA) in Mumbai has set a bold target to deliver over 500,000 homes to slum dwellers within the next five years, more than doubling its 29-year output. This ambitious plan includes several reforms and innovative strategies to fast-track the process.
Real Estate Pune
Realtors Clash with SRA Over Excessive TDR for Janta Vasahat Land
Pune's real estate developers are up in arms against the Slum Rehabilitation Authority (SRA) for granting 100% TDR on Janta Vasahat land, a clear violation of development regulations.
Real Estate Mumbai
Mumbai: 220 Families Protest Against Home Loss for Memorial in Ghatkopar
Residents of Chirag Nagar in Ghatkopar, Mumbai, are protesting against the government's plans to declare their area a slum and build a memorial to Anna Bhau Sathe, which could displace 220 families.
real estate news
Should You Invest in SRA Projects for Affordable Housing in Mumbai?
SRA projects in Mumbai offer a unique opportunity to buy homes in prime locations at affordable prices. Discover the benefits and potential pitfalls of investing in these government-backed initiatives.
Real Estate Mumbai
Mumbai Slum-Free Initiative: Comprehensive Survey of All Slums by Year-End
The Slum Rehabilitation Authority (SRA) is set to complete the survey of all slums in Mumbai by the end of this year, aiming to create a reliable databank for future slum rehabilitation projects and curb the emergence of new, illegal slum settlements.
Real Estate Mumbai
DLF's Mumbai Resurgence: 'The Westpark' Sells Out for ₹2,300 Crore in Just One Week
Real estate giant DLF has made a triumphant return to Mumbai with the sell-out of Phase 1 of 'The Westpark' in just one week. The project, located in Andheri West, has generated massive interest, with all 416 units sold out.
Real Estate Maharashtra
Maharashtra's Bold Step: New Housing Policy Aims to Provide Homes for All and Eliminate Slums
Maharashtra's new housing policy, 'My House, My Right,' focuses on affordable housing, slum rehabilitation, and public-private partnerships to achieve a slum-free state by 2033.
Real Estate Mumbai
InCorp Restructuring Paves Way for India's Largest Slum Redevelopment via IBC Process
The National Company Law Tribunal (NCLT) has approved InCorp Restructuring Services LLP's resolution plan for the Darshan Group, enabling a significant slum rehabilitation project in Mumbai.
Real Estate Maharashtra
Maharashtra Government Considers Expanding SRA Eligibility to First-Floor Chawl Residents
The Maharashtra government is reviewing a policy to include first-floor chawl residents in the Slum Rehabilitation Authority (SRA) scheme, potentially easing redevelopment challenges and expanding eligibility.
Real Estate Maharashtra
Maharashtra Government Extends Eligibility for SRA Scheme to More Residents
The Maharashtra government is set to expand the eligibility criteria for the Slum Rehabilitation Authority (SRA) scheme, potentially benefiting more residents. This move aims to enhance urban development and improve living conditions in slum areas.
Real Estate Mumbai
Adani Secures Rs 3.6 Trillion Motilal Nagar Project: A Leap in Urban Redevelopment
Adani Group has secured a Rs 3.6 trillion project to transform Motilal Nagar, a significant step in urban redevelopment and real estate enhancement in Mumbai. The project includes slum rehabilitation, affordable housing, and the integration of solar energy solutions.
Real Estate Mumbai
Lodha Developers Acquires 945 Units in Mumbai’s Mankhurd for SRA Project
Real estate giant Lodha Developers has acquired 945 residential units in Mumbai’s Mankhurd, equivalent to around 50,000 square metres, to fulfill its commitment to the Slum Rehabilitation Authority (SRA).
Real Estate Mumbai
SRA Launches SoftTech’s AutoDCR to Accelerate Redevelopment
The Slum Rehabilitation Authority (SRA) has introduced SoftTech's AutoDCR, a groundbreaking digital system designed to streamline and expedite the redevelopment process in Mumbai.
Real Estate Mumbai
Bombay High Court Stays MahaRERA Order on New Developer for Anantya SRA Project
The Bombay High Court has stayed an order by the Maharashtra Real Estate Regulatory Authority (MahaRERA) that allowed Chandak Realtors to take over the Anantya slum rehabilitation project in Kurla, raising questions about the rights of previous stakeholders.
Real Estate Mumbai
Hubtown Secures TDR for Andheri Slum Rehabilitation Project: A Milestone in Real Estate Development
Hubtown has secured transferable development rights (TDR) covering 11,000 sq. mtrs. for its Andheri slum rehabilitation project, enhancing the company's potential for future real estate development in Mumbai.