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Maharashtra has approved additional FSI incentives for redevelopment of aging chawls and buildings on Mumbai's historic mill lands, aiming to unlock hundreds of stalled projects across Parel, Lower Parel, and Girangaon through amendments to DCPR 2034.
- 13th Dec 2025
- 1147 Views
Maharashtra government introduces stamp duty concessions for cluster redevelopment flats up to 600 sq ft in Mumbai, offering residents significant cost savings and accelerating urban renewal projects under DCPR 2034.
- 25th Nov 2025
- 1230 Views
Qatar National Bank has renewed its premium Bandra Kurla Complex office lease for ₹62.6 lakh monthly, achieving one of India's highest commercial rental rates at ₹775 per square foot, reinforcing BKC's position as Mumbai's premier business district.
- 12th Nov 2025
- 1190 Views
AATK Constructions has been selected to redevelop Kamathipura, Mumbai's century-old congested neighbourhood, after a decade of delays. The 34-acre project covering 800 buildings awaits final state cabinet approval.
- 1st Nov 2025
- 1348 Views
Maharashtra CM Devendra Fadnavis has announced Mumbai's largest urban transformation initiative, with MHADA leading cluster redevelopment projects across 56 critical layouts to provide dignified housing for thousands while integrating green building standards and modern infrastructure.
- 28th Oct 2025
- 1332 Views
Chandigarh has achieved a historic milestone by becoming India's first slum-free city following the demolition of Shahpur Colony in Sector 38 at the end of September 2025, completing a 12-year clearance campaign that reclaimed 520 acres of government land valued at ₹21,000 crore.
- 10th Oct 2025
- 1321 Views
Maharashtra Cabinet approves comprehensive redevelopment of 4,973 homes across 498 plots in SVP Nagar, Andheri West, with Mhada transforming the 30-year-old colony into a modern sustainable township.
- 26th Sep 2025
- 1376 Views
Maharashtra government opens 6,021 acres of Mumbai's habitable land for development, targeting slum rehabilitation and affordable housing in unprecedented urban renewal initiative.
- 15th Sep 2025
- 1416 Views
The Bombay High Court has directed eleven dissenting members from four dilapidated housing structures in Vasai West to evacuate their apartments within 15 days, emphasizing that minority opposition cannot halt redevelopment when public safety is at risk.
- 29th Aug 2025
- 1339 Views
Leading real estate developers DLF and Hubtown have resolved their years-long legal dispute over Mumbai's prestigious ₹10,000 crore Tulsiwadi redevelopment project through an ₹800 crore settlement arrangement, enabling DLF's complete exit and allowing the project to move forward.
- 26th Jul 2025
- 1360 Views
ExxonMobil renews its 5.3 lakh sq ft Bengaluru office lease for ₹2.60 crore monthly, signaling continued commitment to India's tech hub. The five-year deal at Embassy Manyata Business Park reflects strong confidence in India's commercial real estate market.
- 13th Jul 2025
- 1346 Views
Adani Group wins ₹36,000 crore Motilal Nagar redevelopment project in Mumbai with MHADA. 142-acre urban renewal to benefit 3,700 tenements with 1,600 sq ft modern flats. 7-year completion timeline with sustainable infrastructure.
- 8th Jul 2025
- 1343 Views
Noida Authority launches comprehensive redevelopment policy on June 14, 2025, for aging EWS buildings with FAR increase to 3.5, 70% resident consent requirement, free upgraded flats with 15% extra carpet area, and Mumbai-inspired framework for sustainable urban renewal.
- 2nd Jul 2025
- 1415 Views
BMC awards 30-year Crawford Market lease to AAV Developers for ₹369 crore, 13% below reserve price. Deal includes CSMT pedestrian bridge & 30-year renewal option for historic South Mumbai property.
- 2nd Jul 2025
- 1437 Views
Noida Authority approves Mumbai-inspired redevelopment policy to modernize EWS housing and unlock prime land development opportunities across key sectors.
- 22nd Jun 2025
- 1671 Views
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