Browsing Tag

urban redevelopment

6 posts
Adani tops bids for MHADA's Worli and Bandra Reclamation projects, expanding its presence in Mumbai's major redevelopment sector.

Adani Tops Bid for MHADA’s Worli Cluster Redevelopment, Also Emerges Highest Bidder for Bandra Reclamation

Adani tops bids for MHADA’s Worli and Bandra Reclamation projects, expanding its presence in Mumbai’s major redevelopment sector.
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.

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 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.

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.
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.

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.
MHADA

MHADA Sets Target to Construct 19,497 Houses in FY 2025-26

The Maharashtra Housing and Area Development Authority (MHADA) has set a target to construct 19,497 housing units across the state in the financial year 2025-26. With a budget allocation of ₹15,951.23 crore, Mumbai alone will see 5,199 new units, focusing on key redevelopment projects like BDD Chawl, Goregaon Siddharth Nagar, and more.