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Maharashtra SRA Achieves Major Success with ₹1,100 Crore Recovery in Pending Builder Rent Through Legal Reforms

The Maharashtra Slum Rehabilitation Authority has recovered over ₹1,100 crore in pending rent from builders, with ₹982 crore collected in just two years following legal amendments that empower the authority to attach builder properties and ensure timely compensation for slum tenants.

By Admin

  • 30th Oct 2025
  • 1160 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
  • 1177 Views
Chandigarh Becomes India's First Slum-Free City After Demolishing Shahpur Colony, Reclaims ₹21,000 Cr Worth Land

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.

By Admin

  • 10th Oct 2025
  • 1239 Views
National Developers Rush to Mumbai's Lucrative Property Market for Redevelopment Opportunities

India's financial capital witnesses unprecedented influx of developers from Bengaluru, Delhi NCR, and Pune, driven by sustained demand and redevelopment potential in the nation's priciest property market.

By Admin

  • 27th Jul 2025
  • 1336 Views
Bhopal Slum Relocation: 14,000 Homes Under PPP Initiative | Jhuggi Mukt Bhopal Yojana

Bhopal launches major slum relocation project targeting 9 settlements through PPP model. 14,000 new homes planned under Jhuggi Mukt Bhopal Yojana, freeing 125 acres for development.

By Admin

  • 1st Jul 2025
  • 1497 Views
K Raheja Corp Purchases Free Sale Component of Slum Rehabilitation Project in Wadala, South Central Mumbai for INR 275 Crore

MMA Developer and Saroj Landmark Realty LLP sold floor space index (FSI) rights for 153,000 square feet in Wadala, central Mumbai, to K Raheja Corp for over 275 crore Indian Rupees.

By Admin

  • 15th Feb 2023
  • 1968 Views
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