Housing societies across Mumbai's western suburbs are reportedly pushing for unprecedented compensation packages, raising serious concerns among developers about project viability and delivery timelines.

Housing societies across Mumbai's western suburbs are reportedly pushing for unprecedented compensation packages, raising serious concerns among developers about project viability and delivery timelines.

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According to industry sources, Singapore-based Ascendas India Trust is in advanced negotiations with L&T Realty for a forward purchase agreement to buy its real estate development arm's portfolio of prospective commercial projects.