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NCLT Mumbai Issues 30-Day Ultimatum to Brookfield Over ₹1,080 Crore IL&FS Headquarters Acquisition in BKC

The NCLT Mumbai has given Brookfield Asset Management 30 days to renew its performance guarantee for the ₹1,080 crore IL&FS headquarters in BKC or face disqualification, as valuation disputes push the case to NCLAT.

By Admin

  • 3rd Dec 2025
  • 1157 Views
Parsi Sanatorium Sale Dispute: Donor Family Opposes ₹5 Crore Builder Deal, Claims Breach of 1997 Charitable Deed

A legal battle has erupted over the sale of a historic 2.5-acre Parsi sanatorium in Sanjan, Gujarat, with the donor family opposing the World Zoroastrian Organisation Trust Funds' plan to sell the property to a builder, claiming it violates the original 1997 charitable deed.

By Admin

  • 30th Oct 2025
  • 1216 Views
Bombay High Court Overturns SRA's Goregaon Land Acquisition, Restores NESCO's Property Rights

The Bombay High Court ruled in favour of NESCO Ltd., invalidating the SRA's acquisition of its Goregaon land due to procedural violations and failure to recognise the landowner's redevelopment rights.

By Admin

  • 25th Oct 2025
  • 1206 Views
Mumbai Police Register FIR Against Business Tycoon Nusli Wadia for Alleged Document Forgery in High-Stakes Property Dispute

Mumbai Police have filed an FIR against industrialist Nusli Wadia and family members for allegedly submitting forged documents in a 30-year-old property dispute with Ferani Hotels, following a court order from Borivli metropolitan magistrate.

By Admin

  • 26th Sep 2025
  • 1304 Views
Mumbai Court Rejects Police Clean Chit, Orders Process Against Seven in Anchor Group Redevelopment Fraud Case

A Mumbai court has rejected police attempts to clear Anchor Group in a redevelopment fraud case, instead ordering legal action against seven accused individuals following allegations of forgery and fund misappropriation.

By Admin

  • 18th Aug 2025
  • 1405 Views
MahaRERA Penalizes Mumbai Developer for Cross-Wing Parking Allocation Violations

Maharashtra Real Estate Regulatory Authority issues decisive ruling against Mumbai developer for improperly allocating parking spaces across building wings, setting new transparency standards.

By Admin

  • 8th Aug 2025
  • 1282 Views
MahaRERA Orders Developer to Relocate Parking Spaces After Cross-Wing Allocation Dispute

The Maharashtra Real Estate Regulatory Authority has ordered a Mumbai-based developer to reassign parking spaces after homebuyers complained about receiving slots in different building wings from their apartments, sources reported on August 5, 2025.

By Admin

  • 6th Aug 2025
  • 1353 Views
DLF Officially Withdraws from ₹10,000 Crore Tulsiwadi Project Following ₹800 Crore Settlement Agreement with Hubtown

A comprehensive financial settlement between real estate giants DLF and Hubtown has officially concluded their prolonged legal dispute over Mumbai's prestigious Tulsiwadi redevelopment project.

By Admin

  • 26th Jul 2025
  • 1376 Views
6 Key Reasons Why Rising Land Costs and Delays Are Slowing Down Indian Real Estate Projects

High land prices and lengthy clearance delays are limiting Indian real estate project debuts. Land acquisition, regulatory difficulties, and legal issues are causing a supply-demand mismatch in Mumbai, Bengaluru, and Delhi-NCR.

By Admin

  • 4th Oct 2024
  • 1769 Views
Worli Land Dispute Settled Between Birla & Wadia as Century Textiles Acquires Prime 10-Acre Parcel for INR 1100 Crore

Nusli Wadia, Chairman of the Wadia Group, and the Aditya Birla Group have settled their lengthy legal dispute. Aditya Birla Group subsidiary Century Textiles and Industries bought a 10-acre leasehold property tract in Worli, Mumbai, from the Wadia family for ₹1,100 crore.

By Admin

  • 11th Sep 2024
  • 1657 Views
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