Bombay HC says Govardhangiri society can self-develop or get a new builder, Real Estate News, ET RealEstate

MUMBAI: In a relief to a housing society whose decade-old redevelopment project has been mired in delays, transit rent arrears, uncertainties and court battles, Bombay high court recently allowed it to either go for self-development or change the builder, pending arbitration. In an interim order, HC has restrained the builder from selling or creating any […]

624 tenants of BMC colony at Vikhroli to get ownership flats, Real Estate News, ET RealEstate

MUMBAI: The 624 tenants of BMC colony at Vikhroli Parksite were officially informed on Saturday evening they would get a 405 sq ft ownership flat. This is the first redevelopment of an old and dilapidated building in the suburb under section 33(7)(A) of Development Control Regulations. It will ensure that the BMC gets 3,000 flats […]

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