A significant default in environmental compliance has come to light in the fast-paced redevelopment market in Mumbai, following a recent…
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Welspun Enterprises–Ashdan Properties Consortium Secures 92% Creditor Approval for Lavasa Corporation Takeover
In a major move towards the long-awaited revival of India’s first privately developed hill city project, the creditors of Lavasa…
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Sonu Sood Leases Commercial Space to HDFC Bank at ₹11.75 Lakh Monthly Rent in Mumbai
Mumbai Bollywood star and businessman Sonu Sood has rented a high-quality commercial space in Mumbai Bandra-Kurla Complex (BKC) to HDFC…
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Canara Bank Invites Bids to Sell ₹577 Crore Loan Exposure to Supreme Housing
Mumbai: Canara Bank, a state owned lender has invited bids to asset reconstruction companies (ARCs) to sell its 577 crore…
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Maharashtra Abolishes NA Tax to Boost Housing Redevelopment and Land Regularisation
Mumbai; The Maharashtra government has finally done away with Non-Agricultural (NA) tax, a long-standing levy levied on the land that…
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ED Arrests Former Director of Lodha Developers Limited in ₹85 Crore Money Laundering Case
Mumbai: In another major move in the real estate regulation environment in India, the Enforcement Directorate (ED) has formally arrested…
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NCLT Approves Hotel Horizon Resolution Plan; NCLAT Halts Equity Creation Pending Appeal
Mumbai, Maharashtra — This is a milestone in the insolvency sphere of India as the National Company Law Tribunal (NCLT),…
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Maharashtra Cabinet Clears Landmark Land Policy to Fast-Track ‘Third Mumbai’ Development
Mumbai; In another major move which will transform the future of urban development of the state, the Maharashtra Cabinet on…
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Standard Chartered Bank Offloads BKC Office in Mumbai for ₹197 Crore Amid Strong Commercial Realty Demand
In a significant commercial real estate deal, Standard Chartered Bank has sold a high-end office space in the Bandra Kurla…
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Mumbai Records Highest January Stamp Duty Collections in 14 Years on Surge in Larger Home Deals
Mumbai; The property market has taken off well in the year in Mumbai, with stamp duty revenue during the month…
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