Browsing Tag

housing redevelopment

2 posts
Reduce prices to survive or suffer: Piyush Goyal to Builders

Builders Who Delay Projects or Deliver Poor Work Will Face Blacklisting and Imprisonment: Piyush Goyal

At a key handover ceremony in Kandivali, Union Minister Piyush Goyal warned that builders delaying or compromising on SRA redevelopment projects would face blacklisting and even imprisonment. He also demanded action against corrupt government officials colluding with negligent builders, reinforcing the government’s commitment to transparency and housing justice.
Ajmera Realty secures a redevelopment project in Andheri West, Mumbai, targeting ₹320 crore in revenue

Ajmera Realty Secures Redevelopment Project in Andheri West, Targets ₹320 Crore Revenue

Ajmera Realty has been appointed to redevelop the Ascot Co-operative Housing Society in Andheri West, Mumbai. The project, spanning 2,319 sq. mt., is expected to generate ₹320 crore in revenue and add 71,300 sq. ft. of carpet area. This redevelopment aligns with the company’s focus on strategic asset-light acquisitions and strengthening its presence in Mumbai’s micro-markets.