Browsing Tag

Land Acquisition

30 posts
In a landmark order, the Supreme Court directed a CBI inquiry into DLF's premium Gurugram project 'The Primus,' citing a glaring mismatch between promised luxury amenities and on-ground realities, while slamming authorities for failing to protect homebuyers who invested life savings.

Rehabilitation After Land Acquisition, Not a Fundamental Right, Says Supreme Court

In a major verdict, the Supreme Court has ruled that landowners displaced by acquisition cannot claim rehabilitation or subsidised plots as a matter of right under Article 21 of the Constitution. The judgment underscores that such benefits are governed by government policy—not by enforceable constitutional rights.
Bengaluru

TVS Emerald Acquires 7.18-Acre Land in Bangalore’s Rayasandra, Eyes ₹700 Crore Revenue Potential

TVS Emerald has acquired a 7.18-acre land parcel in Bangalore’s Rayasandra, marking its seventh major deal in the city. With an estimated revenue potential of over ₹700 crore, the site is set for a premium residential development.
Sumadhura Group acquires a 5-acre land parcel in East Bengaluru's Soukya Road

Sumadhura Group Acquires 5-Acre Parcel in East Bengaluru, Targets ₹500 Crore Revenue

Sumadhura Group, a leading South Indian real estate developer, has announced the acquisition of a 5-acre prime land parcel on Soukya Road in East Bengaluru. This strategic move is set to generate an estimated ₹500 crore in revenue from an upcoming residential project, significantly strengthening Sumadhura’s footprint in one of Bengaluru’s fastest-growing corridors.

KL Rahul and Suniel Shetty Acquire Prime Land in Thane for ₹9.85 Crore

Indian cricketer KL Rahul and Bollywood actor Suniel Shetty have purchased 7 acres of undivided land in Thane West’s Owale locality for ₹9.85 crore. Located near Ghodbunder Road, this strategic acquisition marks another high-profile entry into Mumbai’s booming real estate sector.

Adani Group’s Mah-Hill Properties Acquires Prime Malabar Hill Land for ₹170 Crore

Mah-Hill Properties Pvt Ltd, a subsidiary of the Adani Group, has expanded its portfolio with the acquisition of a prime land parcel in the prestigious Malabar Hill area of South Mumbai for ₹170 crore, according to property registration documents. The transaction involved the transfer of ownership of over 48,000 sq ft of land from Behram Nowrosji Gamadia, which also includes a 257 sq m structure. Records indicate that this property boasts a rich history, with ownership rooted in the pre-independence era and passed down through the Gamadia family.