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Real Estate Legal

Brihanmumbai Municipal Corporation Launches Facility to Report Abandoned Vehicles

Brihanmumbai Municipal Corporation Launches Facility to Report Abandoned Vehicles

#BMCUpdates In a proactive move to enhance urban cleanliness and safety, the Brihanmumbai Municipal Corporation (BMC) has introduced a dedicated facility for citizens to report abandoned or scrap vehicles across Mumbai. This initiative aims to reduce clutter, improve traffic flow, and eliminate potential health and safety hazards caused by derelict vehicles left unattended on public …

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Bank Guarantee vs TDR in Society Redevelopment: What Mumbai Housing Societies Must Know

Redevelopment of housing societies in Mumbai is on the rise, and with it comes the critical need to secure the interests of society members. One of the most important protections a society can demand is a bank guarantee — or alternatively, the loading of TDR (Transfer of Development Rights) in the society’s name. Both options …

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Society Redevelopment Procedure in Mumbai: A Step-by-Step Guide

Society Redevelopment Procedure in Mumbai: A Step-by-Step Guide

Mumbai, known for its dense urban population and aging infrastructure, is witnessing a major shift through housing society redevelopment. With thousands of buildings over 30–40 years old, societies are now opting for redevelopment to improve living conditions, infrastructure, and property value. This article outlines the official society redevelopment procedure in Mumbai, as per Maharashtra Government …

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Procedure for Appointment of PMC for Society Redevelopment in Maharashtra

Procedure for Appointment of PMC for Society Redevelopment in Maharashtra (As per CHS Bye-Laws)

Redevelopment of old and dilapidated buildings has become crucial in urban areas like Mumbai, Thane, and Pune. For any successful redevelopment project, the appointment of a Project Management Consultant (PMC) is a mandatory and strategic step. In Maharashtra, the Co-operative Housing Society (CHS) Bye-Laws and Government circulars outline a structured approach for appointing a PMC. …

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DLF Exits Rs 10,000 Crore SoBo Project Following Settlement with Hubtown

India’s largest real estate company, DLF, has formally exited a Rs 10,000 crore luxury development project in South Mumbai, following a mutual settlement with its joint venture partner, Hubtown Ltd. This move concludes a protracted dispute between the two companies and clears the path for future action on the long-stalled prime property. This settlement resolves …

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🚨 BMC Lodges FIR Against Hiranandani Builders for Unauthorized Excavation Near Powai Helipad

Hiranandani Builders Booked by BMC for Illegal Excavation Near Powai Helipad Mumbai, July 11, 2025 – The Brihanmumbai Municipal Corporation (BMC) has lodged an FIR against Hiranandani Builders & Developers for unauthorized excavation on a hill slope adjacent to the Powai helipad. The action comes after BMC officials from the L-Ward discovered extensive trenching activity …

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square yard ipo

“Square Yards Sets the Stage: ₹2,000 Crore IPO Ambition Signals Proptech Power Play”

Square Yards’ Upcoming DRHP & IPO Plan 1. IPO Size & Timing 2. Fund Allocation 3. Use of Proceeds Company Overview & Financial Highlights 📍 Business Snapshot 📈 Recent Financial Performance Why Now? What the DRHP Will Cover Expect coverage on: What to Watch TL;DR Item Details IPO Size ₹2,000 crore (~$233M) Valuation Targeting $1.5–2B Timing …

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wellingdon view tardeo mumbai

Bombay High Court Slams BMC and Developer for Illegal 34-Storey Tower in Tardeo

Photo Credit : https://www.magicbricks.com/wellingdon-view-tardeo-mumbai-pdpid-4d4235303336323633 Mumbai, July 1, 2025 – In a strong rebuke, the Bombay High Court has sharply criticized both the Brihanmumbai Municipal Corporation (BMC) and developer Satellite Holdings for rampantly violating norms in the construction and occupation of a 34-storey residential tower in Tardeo. The court left no ambiguity, stating occupants of floors 17 …

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Supreme Court of India Rules: “Registration is Not Ownership” — A Wake-Up Call for Property Buyers and Realtors

Supreme Court of India Rules: “Registration is Not Ownership” — A Wake-Up Call for Property Buyers and Realtors New Delhi, June 2025: In a landmark ruling with far-reaching consequences for India’s real estate market, the Supreme Court has clarified that registration of property documents does not, by itself, amount to ownership. The judgment reinforces that …

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