Kalpataru Signs ₹1,400 Crore Redevelopment Project in Andheri West
Kalpataru has signed a redevelopment agreement for Shree Mahalakshmi CHS in Andheri West, Mumbai. The 3-acre project has an estimated Gross Development Value of ₹1,400 crore and will add about 0.4 million sq ft of residential development.
Bombay High Court Orders MHADA to Stop Transit Rent in Patra Chawl Redevelopment from April
In a push to end financial drain, Bombay High Court allows MHADA to stop transit rent payments from April in the controversial Patra Chawl redevelopment, flagging ₹18 crore public loss due to delays, while mandating cooperation for possession handover to willing tenants.
India’s Indoor Amusement Industry Hits ₹15,000 Crore; Consumer Spending Up 30–40%
India’s indoor amusement industry has reached ₹15,000 crore with consumer spending rising 30–40% since the pandemic, according to a new ANAROCK-IAAPI report. The sector, driven by malls and experiential consumption trends, is expected to grow rapidly through 2030.