Rs 143.45 Cr FSI Deal: Keystone Buys from Parth in Andheri SRA Project

In a Rs 143.45 crore deal, Keystone Realtors has purchased 8,800.74 sqm of sale FSI from Parth Construction’s SRA Composite Building in Village Majas, Andheri, for clubbing to its Versova project.

New Builder Takes Over Stalled Andheri SRA Project; RERA Imposes Lien to Protect Homebuyers

MahaRERA has directed the new developer of Andheri’s Nest Wing B project to withhold full payment to the outgoing builder until old homebuyers’ dues are cleared. The February 2, 2026 order revives the stalled SRA scheme while keeping existing allottees’ claims alive against SSSC Escatics through a lien and abeyance of the old registration.

Full Payment to Builder Is NOT a Pre-Condition for Society Membership

In a landmark ruling, the Bombay High Court held that full payment to a builder is not a prerequisite for membership in a cooperative housing society. The court restored deemed membership for a MOFA flat buyer, emphasizing that statutory rights under the Maharashtra Ownership Flats Act cannot be denied due to payment disputes.

Senior Citizens First: Builders Face Removal If Redevelopment Delays Leave Elderly Roofless

Senior citizens affected by delayed redevelopment now have real protection. Backed by Bombay High Court orders, the Maharashtra Housing Department’s December 15 GR empowers authorities to monitor projects, hear grievances and even remove defaulting builders across MHADA, SRA, BMC and MMRDA redevelopments.

BJP Wants to Extend the Self-Redevelopment Policy for SRA Too

Mumbai BJP chief MLA Ameet Satam has called for the extension of the self-redevelopment policy to SRA projects. If approved, the move could speed up redevelopment for 286 slum buildings in Chandivali and benefit lakhs of Mumbaikars.