Indore smart city firm seeks Rs 100 crore loan for MOG line
The Indore Municipal Corporation's Smart City Company is preparing to raise a loan of up to Rs 100 crore for the MOG Lines redevelopment project. CEO Ardh Jain said work is progressing…
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BMC panel to decide on Rs 1,351-crore Century Mills plot lease
A BMC improvement committee will vote on August 12 on leasing the 23,822 sq m Century Mills plot in Lower Parel to Peddar Realty Ltd for Rs 1,351 crore. Peddar Realty outbid…
Birla Estates arm buys Mumbai FSI for Rs 159 crore
Birla Estates's wholly owned subsidiary Unnatam Properties has bought nearly 90,000 sq ft of floor space index (FSI) from Parinee Real Estate Builders and Parinee Contour Construction for over Rs 159 crore.…
DRP says legal notices served before Meghwadi demolition
The Dharavi Redevelopment Project (DRP) on Friday defended the August 6 demolition of 16 hutments in Meghwadi, Dharavi, insisting it followed all legal steps. It said a public notice was issued in…
FSI deadlock stalls redevelopment of 28 societies in Kandivali
Redevelopment of at least 28 MHADA housing societies in Kandivali West's Mahavir Nagar, covering over 650 families, is stalled because of an unresolved pro-rata FSI dispute. The housing authority never got possession…
Mumbai Leads India’s Rise of Super-Tall Residential Towers
Mumbai is leading India’s expansion of residential towers above 250 metres, with some projects exceeding 300 metres, The Hindu reports. Redevelopment, scarce land and advances in engineering are driving the shift upwards.…
