Browsing Tag

Land Ownership

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The Bombay High Court has halted development of a CIDCO-allotted plot in Ulwe, granting protection to developers who paid ₹3.12 crore under earlier agreements.

Sold Land for ₹300 in 1962, Lost It Forever: Bombay HC Reminds Why Agreements Must Be Clear

A man who claimed his father sold land for ₹300 in 1962 under a loan-like arrangement has lost his bid to reclaim it. The Bombay High Court ruled the deal was a valid sale, highlighting the importance of clear and legally drafted property agreements.
Mumbai Metropolitan Region topped India's land deals in 2025 with 32 transactions for over 500 acres, driving national total to 3,772+ acres amid strong demand for residential, mixed-use, industrial and data centre projects – per ANAROCK Research.

Govt to Allow Conversion of Leasehold Land to Freehold at 25% Above Ready Reckoner Rate

The Maharashtra government has issued a final notification allowing leasehold and Occupancy Class II lands to be converted to freehold upon payment of a premium of up to 25% of the Ready Reckoner rate. The revised premium rates, applicable until December 31, 2025, aim to grant full ownership rights to individuals, housing societies, and industries.