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The Maharashtra government has cleared diversion of mangrove forest land in Borivali for a sewage treatment plant on the Poisar River, marking a key step in Mumbai’s river rejuvenation plans while imposing strict compliance safeguards.

Maharashtra Clears Mangrove Land Diversion for Poisar River STP Project in Mumbai

The Maharashtra government has cleared diversion of mangrove forest land in Borivali for a sewage treatment plant on the Poisar River, marking a key step in Mumbai’s river rejuvenation plans while imposing strict compliance safeguards.
An 80-year-old private deed from 1943 has halted a Mumbai society's high-rise dreams. Bombay HC says the 30-ft 'ghost' still haunts redevelopment—until trial proves otherwise.

30-Feet Ghost from 1943 Haunts Mumbai Redevelopment

An 80-year-old private deed from 1943 has halted a Mumbai society’s high-rise dreams. Bombay HC says the 30-ft ‘ghost’ still haunts redevelopment—until trial proves otherwise.
A new JLL report reveals that India’s REIT sector is poised for a massive ₹10.8 trillion growth opportunity across office and retail segments by 2029. With market capitalization crossing ₹1 trillion and REIT portfolios expanding to 174 million sq. ft., India is entering a high-growth REIT cycle supported by strong occupancies and institutional participation.

India REIT Market Crosses ₹1 Trillion Milestone, Eyes a Multi-Year Growth Cycle

A new JLL report reveals that India’s REIT sector is poised for a massive ₹10.8 trillion growth opportunity across office and retail segments by 2029. With market capitalization crossing ₹1 trillion and REIT portfolios expanding to 174 million sq. ft., India is entering a high-growth REIT cycle supported by strong occupancies and institutional participation.
The Bombay High Court has ruled that Vallabhnagar Co-operative Housing Society, Vile Parle, cannot deny membership to Andheri purchasers by demanding lease premium beyond the statutory ceiling fixed under Section 79A.

HC Imposes ₹1 Lakh Fine for Misleading Claim About Knowing Property Was Auctioned

The Bombay High Court has dismissed two writ petitions filed by Nashik-based borrowers after finding that they made “deliberately false statements” about their knowledge of a 2009 property auction. Calling it a misuse of judicial time, the court imposed ₹1 lakh costs and upheld the refusal to condone a 12-year delay.
Actor Sonu Sood

Sonu Sood Sells Mahalaxmi Apartment for ₹8.10 Crore

Actor Sonu Sood has sold his luxury apartment in Lokhandwala Minerva, Mahalaxmi, for ₹8.10 crore, according to IGR Maharashtra records reviewed by Square Yards. The 1,247 sq. ft. property, purchased in 2012 for ₹5.16 crore, reflects a significant rise in South Mumbai’s real estate values.