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Chennai: Collapsed Prime Sristi’s flat buyers form association

Chennai: Collapsed Prime Sristi’s flat buyers form association
With the Prime Sristi multi-storey residential project at Moulivakkam – on the western outskirts of Chennai – having collapsed last month, more than 55 flat buyers have come together to form the ‘Moulivakkam Trust Heights Affected Flat Buyers Association,’ in an attempt to get their money back. The Prime Sristi project was to comprise two [...] Continue Reading »

World’s tallest residential tower to be built by Lodha Group: IPO launch soon

World’s tallest residential tower to be built by Lodha Group: IPO launch soon
Mumbai based developers Lodha Developers Pvt. Ltd, is building the world’s tallest residential tower. The company is building the 117-storey World One residential tower, which it says will be the world’s tallest at 423 metres. This tower is located in central Mumbai’s Lower Parel district near the offices of Morgan Stanley and KKR & Co. [...] Continue Reading »

13-storey building construction banned by HC in Marine Drive

13-storey building construction banned by HC in Marine Drive
The Bombay high court has restricted developer Vasant Sagar Properties Pvt. Ltd from carrying out any construction work beyond five floors. The builder had proposed to build a 13-storey residential building in Marine Drive, which violates the height limit of 28 meters. However, the builder said that all rules were being followed for construction and [...] Continue Reading »



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