How Does India’s First Participatory Land Model Work? How Will It Benefit Mumbai 3.0?

In a landmark move, MMRDA has rolled out a participatory land acquisition framework offering landowners mutual consent, development rights, or 22.5% developed land return, paving the way for inclusive growth in Mumbai 3.0’s new town development across Raigad.

Realty Stocks Open Cautiously on June 30 as Triple Expiry, Iran Talks, and Crude at $73 Collide

Realty stocks open cautiously on June 30 as triple expiry, Iran flare-up over the weekend, and crude at $73.60 create one of the month’s most complex sessions.

Maharashtra Distributes Rs 240 Crore Stamp Duty Surcharge Grant to 28 Municipal Corporations

Maharashtra has sanctioned Rs 240 crore from the 1% stamp duty surcharge on property deals for distribution to 28 municipal corporations in 2026-27, with deductions made from three corporations towards pending water supply project loans and UIDF interest dues.

Mumbai Court Backs Flat Owner’s Challenge to Cluster Redevelopment Election

In a major relief for homebuyers, the Maharashtra State Co-operative Appellate Court rejected the federation’s plea to dismiss a dispute filed by Goregaon flat owner Kajal Rajani challenging the cluster redevelopment election process.

Kandivali CHS Election Quashed: Court Orders Fresh Polls Over Counting Irregularities

In a major ruling, the Maharashtra Co-operative Appellate Court has upheld the quashing of Neighbourhood CHS Ltd’s 21 May 2023 election in Kandivali, citing serious counting irregularities and violation of election rules, and ordered fresh polls.