India’s insolvency framework has helped more than 1.4 lakh homebuyers move closer to receiving possession of homes trapped in delayed real estate projects, as financially stronger developers step in to revive distressed developments, according to industry officials and analysts. Major developers such as Adani Realty, Lodha and others have acquired
The Maharashtra government has constituted a 10-member committee to prepare a comprehensive policy for regularising residential encroachments on government-owned land in Mumbai, Pune and Pimpri-Chinchwad, covering structures established on or before January 1, 2011. Headed by the Konkan Divisional Commissioner, the committee has been given three months to submit its
The Brihanmumbai Municipal Corporation (BMC) has issued a stop-work notice at actor Ajay Devgn’s bungalow in Juhu following concerns over proposed work linked to a salon and spa. The notice was issued by the civic body’s K-West ward at the property located within Kapol Co-operative Housing Society. According to the
The Brihanmumbai Municipal Corporation (BMC) has invited tenders to appoint a Project Management Consultant (PMC) for Package 3 of the Mithi River Rejuvenation Project, estimated to cost around Rs 1,800 crore. The package covers the Kurla-Mahim stretch, extending from the CST Road bridge to Mahim Causeway, and is aimed at
Adani Realty is preparing to strengthen its presence in Mumbai’s premium housing market with the planned launch of two major residential projects in Goregaon West and Bandra Reclamation, according to people familiar with the developments. The developer is planning to launch the first 5-6 acres of a cluster redevelopment project
Residents of Powai are raising concerns over the growing pace of infrastructure and commercial development in the neighbourhood, saying new projects could put additional pressure on its green cover, roads, water supply, parking and overall liveability. Powai, which developed as a planned township in the 1990s, is now witnessing several
A 4 BHK luxury apartment at Chandak Sarvam in JB Nagar, Mumbai, has been sold for approximately ₹10 crore, putting the suburban neighbourhood in focus as demand for premium residences grows in well-connected parts of Andheri East. According to the developer, Chandak Group, the all-inclusive transaction is among the higher-value
Reliance Industries Ltd has entered Mumbai’s premium residential market with the purchase of a luxury duplex at Three Sixty West in Worli for Rs 75.11 crore, according to property registration documents accessed by Liases Foras. The transaction was registered on September 11, 2026, with Reliance Industries named as the buyer
A proposed cloverleaf interchange under Phase IV of the Goregaon-Mulund Link Road (GMLR) could result in the loss of around 8.2 acres of mangroves and 217 trees in Bhandup, with the Maharashtra Coastal Zone Management Authority (MCZMA) scheduled to consider the proposal on September 24. The 12.2-km GMLR is being
The Bombay High Court has questioned the basis for charges framed against former Maharashtra minister Nawab Malik in a money-laundering case linked to an alleged land transaction in Kurla, after noting that his request for documents seized by the Enforcement Directorate (ED) but not relied upon by the prosecution was
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