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Macrotech Developers Secures Acquisition of Mumbai's Iconic Tulip Star Hotel

The bankruptcy court allowed Macrotech Developers to buy V Hotels Ltd., which owns the Tulip Star Hotel, formerly the Centaur Hotel. The property in Mumbai's upmarket Juhu neighbourhood will be bought by Lodha Group business Macrotech Developers for Rs 890 crore.

By Admin

  • 2nd May 2024
  • 1123 Views
K Raheja Corp to Transform Mumbai's First Mall into a 50-Storey Luxury Residential Tower

K Raheja Corp is redeveloping Mumbai's first mall, Sobo Central Mall, into a premium residential tower. It encompasses 1.3 acres in South Mumbai's premium Haji Ali neighbourhood and was launched in the late 1990s as Crossroads. A 50-story sea view skyscraper with almost 250,000 sq ft of development.

By Admin

  • 26th Apr 2024
  • 1142 Views
Rapid Progress of SRA in Ramabai Ambedkar Nagar Development Highlights Speed of Urban Renewal

Thousands of families from Ramabai Ambedkar Nagar, a longtime Ghatkopar slum, are moving to high-rise housing in Vasan, Mumbai. The Slum Rehabilitation Authority (SRA) is finishing its survey work quickly to commence the Ramabai Ambedkar Nagar Development Project.

By Admin

  • 14th Apr 2024
  • 1179 Views
Purvarang Society at Mulund Sets An Example in Self-Redevelopment

Mulund's Purvarang Society encouraged self-redevelopment out of fear of fraud, an encouraging gesture. This bold move resulted in the destruction of their old building and a lavish groundbreaking ceremony.

By Admin

  • 12th Apr 2024
  • 1194 Views
Mumbai Developer Ordered to Compensate Homebuyer with INR 8,50,000

With a landmark verdict, a Mumbai consumer commission ordered a development company to pay purchaser Neela Pawar with INR 8.5 lakh and return INR 7.5 lakh for failing to get licences for a Kandivli redevelopment project. This ruling shows the consequences of unlicensed redevelopment.

By Admin

  • 31st Mar 2024
  • 1172 Views
The Big Count Starts in Dharavi - a Major Step Towards Dharavi Redevelopment

At Kamla Raman Nagar in Mumbai's Dharavi slum, counting houses and people began on Monday to determine who receives a free house. Big plans are in the works for Dharavi Redevelopment Project Pvt Ltd (DRPPL), directed by S VR Srinivas.

By Admin

  • 23rd Mar 2024
  • 1194 Views
The Legend by Ashar - A Symphony of Ultra-Luxury Living in The Heart of Bandra

The Legend by Ashar epitomises ultra-luxury living in Bandra, Mumbai. Based on the charm and elegance of iconic actor Dilip Sahab, this non-redevelopment boutique property on Pali Hill offers a high quality of life. The Legend offers enormous villas with vintage charm and peaceful elegance.

By Admin

  • 27th Jan 2024
  • 1178 Views
Tribeca Developers and Tejukaya Group Collaborate on a Luxury Project in Parel, South Central Mumbai

Tribeca Developers, the world's largest Trump-branded real estate developer, has partnered with Mumbai's Tejukaya Group. A 2.5-acre premium property lot in south-central Mumbai's Parel neighbourhood will be transformed into a luxurious residential sanctuary.

By Admin

  • 11th Jan 2024
  • 1218 Views
Maharashtra Government Strategy For Redevelopment Could be a Game Changer

In a recent meeting, the Maharashtra state cabinet approved a significant legal reform to accelerate the rebuilding of ageing cooperative society structures. This move allows eviction of minority residents who block majority-approved redevelopment plans.

By Admin

  • 10th Jan 2024
  • 1183 Views
PMAY-Urban Extension Marks a New Era in Urban Housing and Development

The Union Cabinet has extended the Pradhan Mantri Awas Yojana (Urban) till December 2024. This decision, announced in an official statement, extends the June 2015 plan. The original March 2022 'Housing for All' Mission aims to provide pucca dwellings to all qualified urban inhabitants.

By Admin

  • 10th Jan 2024
  • 1182 Views
Dosti Realty To Launch a Redevelopment Project in Thane

With its Thane project, Dosti Realty is pioneering large-scale social regeneration. This ambitious makeover, with a BUA of 6 to 6.5 lakh square feet, is expected to produce Rs 430 crore. Opening in 2024-25, the project is scheduled to finish in 2027.

By Admin

  • 31st Dec 2023
  • 1197 Views
Aamir Khan's Building to be Redeveloped - MICL Undertakes Redevelopment of Virgo Society in Pali Hill, Bandra West

MICL has announced plans for a massive redevelopment project in Bandra's Pali Hill neighbourhood. This project, which houses Bollywood star Aamir Khan, will alter the region.

By Admin

  • 31st Dec 2023
  • 1243 Views
CG Power and K Raheja Corp Join Forces for Iconic Redevelopment in Mumbai

Crompton Greaves, CG Power & Industrial Solutions, and K Raheja Corp. are redeveloping CG House, its headquarters in affluent Worli. Over an acre of leasehold land is used for electricity production, transmission, distribution and rail transportation.

By Admin

  • 16th Dec 2023
  • 1220 Views
Roha Realty & Sabari Group Join Hands To Develop Real Estate Projects in Chembur Worth More Than INR 2000 Cr

Roha Realty and Sabari Group are partnering to revolutionise luxury living in Chembur with sustainable homes and modern facilities. This joint venture contains a 6 lakh sq-ft real estate project with a Rs 1000 crore revenue target. The project will begin in Q1 FY 24-25.

By Admin

  • 2nd Dec 2023
  • 1222 Views
Purvankara Bags Redevelopment Rights of Two Housing Societies in Lokhandwala, Andheri West, Mumbai

Bangalore-based Puravankara, one of India's largest real estate developers, won the redevelopment rights for two Lokhandwala, Andheri west housing complexes. Puravankara's initial venture into western suburb redevelopment with this purchase is notable.

By Admin

  • 20th Nov 2023
  • 1242 Views
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