Browsing Tag
urban redevelopment
7 posts
Expired Leases, Encroachments and Redevelopment: Bombay High Court Limits Rehabilitation Rights in Bandra Government Colony Case
The Bombay High Court has ruled that occupants of government land whose leases expired decades ago cannot demand alternate commercial premises of equivalent size after demolition for public projects, limiting rehabilitation strictly to Slum Rehabilitation Authority norms.
Puravankara Expands Portfolio with ₹9,100 Cr GDV in H1 FY26; Mumbai, Bengaluru Acquisitions Strengthen Growth Momentum
Puravankara Limited posted 4% YoY growth in Q2 FY26 pre-sales, alongside an 8% rise in collections. With ₹9,100 crore GDV acquisitions across Mumbai and Bengaluru—including marquee redevelopment projects—the developer is accelerating its expansion strategy in India’s most active real estate markets.
ILP 4 India 1 Acquires Prime Kurla Land Parcel for ₹193.5 Crore
In a landmark transaction, ILP 4 India 1 Pvt Ltd acquired a 3.95-acre land parcel in Mumbai’s Kurla for ₹193.5 crore. The site includes existing buildings and is zoned for industrial use under DP 2034. With strong connectivity and rising investor interest, Kurla strengthens its position as a strategic urban growth corridor.