Redevelopment
The issue of relocation of artists of Kathputli colony is becoming a major election problem in the New Delhi constituency. BJP candidate Meenakshi Lekhi is the latest, after Aam Aadmi Party, to accuse authorities of a “land Scam” in the situ redevelopment of the area. She also demanded a CBI probe for the matter. As [...] Continue Reading »
Builders will be registered for redevelopment projects based on their track records, financial strength and project experience judged in various categories before assigning redevelopment projects by The Maharashtra Housing and Area Development Authority (MHADA). The verdict has been made with several redevelopment projects of MHADA colonies being stuck for years due to developers deserting them [...] Continue Reading »
Kolte-Patil Developers, one of the biggest realty developers in Pune has entered into agreements for two redevelopment projects in Mumbai’s western suburbs. The cumulative area of both the suburban redevelopment projects is around 600,000 sq ft, the company said in a release. The first project for redevelopment is that of Jay Vijay co-operative housing society at [...] Continue Reading »
Lack of land availability and increasing demand for properties in prime city areas, developers are looking at redevelopment of old houses. It is usually a joint venture development wherein the developer signs an agreement with landowners, wherein the house owner will have the ownership of the plot while the builder develops an apartment complex on [...] Continue Reading »
A statement passed by the Municipal Commissioner Sitaram Kunte, last month about the re-development of about 300 proposed heritage structures has created confusion among the civic bodies, i.e. the Mumbai Heritage Conservation Committee (MHCC) and the state government. It was said by the municipal commissioner that the re-development of the projects will continue uninterrupted due [...] Continue Reading »
In Mumbai, a city of ever increasing population, recent emphasis is put on redevelopment. Especially in areas like Andheri, where old buildings are in almost dilapidated condition, the government has encouraged redevelopment of these buildings which has attracted big developers to come forward. Experts support the initiative as they are of the opinion that redevelopment [...] Continue Reading »
The Foreshore Estate in Chennai has been ordered for a redevelopment into residential colony by the Tamil Nadu Housing Board. In action with the same, tenders are being floated by the housing board. Around 2,600 flats are being planned to be constructed at multi-storied residential complexes at Foreshore Estate. With the area covering 21.03 acres [...] Continue Reading »
Maharashtra government has announced changes in the Development Control Rules (DCR) for the Dharavi slum redevelopment ahead of Mumbai civic polls. The redevelopment plan of Dharavi was approved in 2004 with an aim to develop roads, toilets, gardens and basic amenities in the area. After the redevelopment, standard of living can be improved and around [...] Continue Reading »
The land acquisition allegations blamed on Maharashtra Gandhi Smarak Nidhi (MGSN) has been hold false by the group as they have the legal rights and title of the land in Kothrud. The allegations were made on the group when they were handing over the land to developers for redevelopment purpose. The allegations have been made [...] Continue Reading »
Good news for residential societies in Mumbai who could not set its aim for redevelopment! There are many residential colonies in the major cities which could not go for redevelopment due to low affordability. Now, banks in Mumbai has taken up the charge to finance those projects in the city. It will be a good [...] Continue Reading »
