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mumbai redevelopment

36 posts
In a landmark verdict, Bombay High Court has quashed orders allowing a few members to split Jay Anand Co-operative Housing Society and take separate land papers, ruling that small groups cannot force bifurcation without 75% majority consent or genuine public interest.

Stuck With Deemed Conveyance? Maharashtra Govt Launches Statewide 4-Day Camp for Housing Societies

Housing societies across Maharashtra struggling with Deemed Conveyance delays have reason to cheer. The state government is holding a special 4-day campaign from Sep 27–30, 2025 to pre-check documents for stamp duty adjudication, helping societies prepare complete applications and paving the way for faster property ownership transfer and redevelopment.
Foreign universities in India could save US$113 billion in forex, serve over 560,000 students and create 19 million sq ft of education real estate demand, says a Deloitte–Knight Frank report.

Mumbai Redevelopment to Unlock 44,000+ Homes Worth ₹1.3 Trillion by 2030

Mumbai’s housing landscape is set for a major transformation with over 44,000 homes worth ₹1.3 trillion expected through society redevelopment by 2030. Suburban corridors lead with 96% of deals, while the state government eyes over ₹20,800 crore in revenue.

Puravankara Secures Malabar Hill Redevelopment Project Worth ₹2,700 Crore

Puravankara Limited, through its subsidiary Purva Blue Agate Pvt Ltd, has secured the redevelopment rights for a 1.43-acre society in Malabar Hill. With a development potential of 0.7 million sq. ft. and a GDV of ₹2,700 crore, the project will deliver new luxury homes to existing residents and create premium inventory for sale. This marks Puravankara’s second major South Mumbai redevelopment after Breach Candy’s Miami Apartments, expanding its city portfolio to 4.25 million sq. ft. with a GDV potential of ₹10,500 crore.
RBI

RBI Holds Repo Rate at 5.5% — Home Loan Interest To Remain As It Is

With the RBI holding the repo rate at 5.5%, homebuyers can expect stable EMIs and continued affordability. Experts say the decision supports confidence ahead of the festive season, while developers prepare offers to sustain momentum in the housing market.
Godrej bought RK Studios

MahaRERA Orders Refund Paid for Seven Flats in Godrej RKS Project

MahaRERA has directed Godrej Properties to refund ₹6.21 crore to six homebuyers who cancelled bookings in the Godrej RKS project, built on the iconic Raj Kapoor Studios site in Chembur. The authority upheld the developer’s right to terminate bookings due to buyer defaults and ruled out refund claims under Section 18 of RERA.