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Real Estate
466 posts
Capacit’e Infraprojects Secures ₹220 Crore Contract from Raymond’s TenX Realty for Bandra Project
Capacit’e Infraprojects has secured a ₹220 crore contract from TenX Realty Limited, a subsidiary of Raymond Limited, for civil core and shell works at the high-rise residential project The Address by GS – Bandra in Mumbai. The project includes two basements, G+23 floors, and non-tower areas.
Rustomjee Launches 35,000 Sq. Ft. Labour Housing Facility for 500 Workers at Urbania Project in Thane
Rustomjee Group has introduced a first-of-its-kind, on-site labour housing facility at its Urbania project in Thane. Spanning 35,000 sq. ft., the housing will accommodate 500 workers and includes modern safety, sanitation, and recreational amenities—setting a new standard for worker welfare in Indian real estate.
Motilal Nagar Residents Oppose Adani, Claim MVA’s 2021 GR Favoured Developer Over Residents
Motilal Nagar residents oppose Adani redevelopment, claiming the MVA government’s 2021 GR favored Adani in the tender process. Residents allege that the 2021 GR not only stripped them of their rights to increased carpet area, but also paved the way for private developers—especially Adani Properties—to gain a disproportionate advantage in the MHADA redevelopment tender
MahaRERA Appellate Tribunal Overturns RERA Order, Emphasizes Homebuyer Rights Over Arbitration Agreements
The Maharashtra Real Estate Appellate Tribunal has overturned a RERA order, clarifying that arbitration clauses in prior agreements do not override the jurisdiction of the RERA Act in homebuyer disputes. The tribunal’s decision reinforces the importance of RERA in protecting homebuyers and ensures cases are decided on their merits.