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Real Estate Legal

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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