redevelopment project
The real-estate developers Omkar Realtors & Developers and V Raheja Group have come together in a joint venture in order to construct a luxury residential project on a stretch of 7.5-acre land parcel in the city of Mumbai. The V Raheja Group, who owns the plot that is located on the Western Express Highway at [...] Continue Reading »
The Bombay high court have granted stay of execution to an under-construction high-rise at Worli Seaface, the Sea Green housing society that had come under the scanner over alleged Adarsh-like violations for not obtaining CRZ approval and consuming extra FSI. In an interim order last week a division bench of Chief Justice Mohit Shah and [...] Continue Reading »
New Delhi- The old rickety government buildings spread through the heart of New Delhi on a major arterial road will very soon be replaced with high rise commercial and residential apartments. Since Independence, this redevelopment project is one of the largest redevelopments which is expected to change tables of the National capital. As per the plan, [...] Continue Reading »
Crescent Builders has filed a civil suit against real estate company Shapoorji Pallonji. In the case filed by the builder claiming Rs 105 crore as a damage for failing to redevelop property in central Mumbai within the stipulated time. The Janata Nagar Housing Society appointed Crescent Builders to redevelop their property in Tardeo. A MoU [...] Continue Reading »
565 residents of the Hazi Kasam Chawl at Lalbaug have moved to their new homes under the ambitious Cluster Redevelopment Scheme by the state government. The redevelopment project was completed by the Nish Developers and they are the first to secure permission to redevelop their seven acre property under the cluster scheme. A green building [...] Continue Reading »
The private equity fund of IIFL has planned to invest in a central Mumbai slum redevelopment project. The PE fund, IIFL Real Estate Fund has committed to invest Rs 80 crore in a housing society-cum-slum-redevelopment project in Mumbai’s Sion Koliwada area. The redevelopment project will construct about 1.2 million sq ft sale able space. The [...] Continue Reading »
The government of Delhi has planned to re-develop the housing colonies. The project will be the biggest construction work in Delhi. This redevelopment of colonies will be done by National Buildings Construction Company (NBCC). Kidwai Nagar colony in New Delhi will be the first to be redeveloped. The cost of the redevelopment project is estimated [...] Continue Reading »
