Real Estate News
Bombay HC Pushes MHADA on Jogeshwari Redevelopment
The Bombay High Court has ordered the Maharashtra Housing and Area Development Authority (MHADA) to deliberate on the fate of 22 tenants reportedly refusing to quit their residences in Majaswadi, Jogeshwari, within one month.
A panel of Justices M.S. Karnik and S.M. Modak was hearing a petition from more than 300 families whose reconstruction has been halted since 2008. The petitioners, who support the redevelopment, have demanded that the land be cleared so that the project can proceed.
Over 300 families, under the umbrella of Majaswadi Sarvoday Nagar CHS, initially approached MHADA, requesting action against 22 families who were not complying. After hearing both sides, the MHADA reserved its decision, causing the families to petition the Bombay High Court.
MHADA Jogeshwari project encounters barrier; 22 residents refuse to leave
The lawsuit involves the renovation of an MHADA community in Jogeshwari East, Mumbai, which includes 579 units owned by the Majaswadi Sarvodayanagar Co-operative Housing Society.
Residents chose a hybrid redevelopment scheme in 2008, with Acme Realities Pvt Ltd serving as the developer. The project’s goal was to rehouse all tenants while using the leftover property to build the sales towers. Acme began construction on three rehab towers for 171 of the original tenants and launched two sale towers, selling properties to around 350 homebuyers.
The project required significant cash and liabilities were ₹4,326.72 crore when it reached the National Company Law Tribunal (NCLT). After Acme failed to complete the project, homebuyers approached the NCLT, who in August 2025 selected Pune-based Mantra Developers to take over. Mantra plans to invest approximately ₹600 crore to finish the project.
A significant requirement for the takeover was that all remaining tenants leave the plot. Of the 579 original tenants, 171 had already been rehabbed. Among the others, approximately 300 had moved out but had not paid their rent, while 92 families remained on-site. Mantra settled overdue rent dues after taking ownership, and 70 families deserted the site, leaving only 22.
Over 300 residents addressed MHADA and eventually moved the Bombay High Court to demand action against the non-cooperative tenants, since renovation was blocked.The new developer provided a new source of hope for all of us. Many of us have lived in rented homes for years without receiving any aid or rent from the previous developer. When NCLT appointed the new developer, we were all thrilled and sure that we would be able to move into our new homes shortly. However, 22 of our own members have slowed the initiative by refusing to leave. “The new developer has no choice but to stop paying us rent,” said Sanjay Bane, chairman of Majaswadi Sarvodayanagar Co-operative Housing Society.
Bane stated that they approached the Bombay High Court after MHADA failed to take action against tenants who refused to vacate.
Bombay High Court’s order
The Bombay High Court ruling states that the petition was heard by the Competent Authority (MHADA) and reserved for orders on March 6, 2026.
The Bombay High Court ruled on April 27 that the petitioner and others waiting for the redevelopment project are suffering due to the lack of a definitive order.We heard skilled counsel for the MHADA.
In the facts of this case, and after hearing the learned counsel for the Petitioner and the grounds raised in the Petition, we are satisfied that the MHADA could be requested to issue an order expeditiously on the application, which is reserved for March 6, 2026, and in any case within four weeks of today,” the order stated.
Real Estate News
Maharashtra Bars Society Members from Becoming Developers
The Maharashtra government has introduced stricter rules for cooperative housing society redevelopment, prohibiting managing committee members, office-bearers and their relatives from becoming developers of their own society’s redevelopment project. The provision aims to prevent conflicts of interest, reduce the possibility of corruption and ensure that redevelopment decisions are taken in the interest of all society members. The restriction is part of the revised redevelopment framework issued by the Cooperation Department under Section 79A of the Maharashtra Cooperative Societies Act, 1960, on September 30, 2026.
New Rules for Housing Society Redevelopment
Under the revised framework, housing societies must follow a more transparent procedure while selecting developers. A Special General Body Meeting (SGM) must have a two-thirds quorum, and the redevelopment proposal requires approval from at least 51% of the society’s total membership. Societies must also invite competitive bids from at least three developers. The selection meeting will take place in the presence of an authorised officer appointed by the cooperative registrar, and the proceedings must be video-recorded. Members can also demand secret-ballot voting if at least 20% of the society’s members request it.
Two-Year Deadline for Redevelopment Projects
The government has also introduced a time-bound framework to prevent unnecessary delays in redevelopment. Projects are generally required to be completed within two years from the date of the foundation or plinth certificate, with an extension of up to three years allowed in exceptional circumstances. The revised rules also prescribe timelines for executing Development Agreements and Permanent Alternative Accommodation Agreements (PAAA). These changes are expected to strengthen accountability among developers and managing committees while giving residents greater transparency and protection during redevelopment.
Impact on Mumbai Housing Societies
The new rules could have a significant impact on thousands of cooperative housing societies across Mumbai and the Mumbai Metropolitan Region (MMR), where redevelopment has become an important route for replacing ageing buildings. By restricting committee members and their relatives from becoming developers, the government aims to reduce conflicts of interest and prevent influential individuals from controlling redevelopment decisions. The framework also seeks to ensure that residents have a stronger role in selecting developers, reviewing project documents and protecting their housing rights.
Real Estate News
NMMC Warns 2,515 Property Tax Defaulters
The Navi Mumbai Municipal Corporation (NMMC) has intensified its property tax recovery drive, issuing pre-seizure notices to 2,515 property owners over outstanding tax payments. The action forms part of a special enforcement campaign targeting persistent defaulters who have failed to clear their dues despite repeated reminders from the civic administration.
According to officials, the corporation has issued seven-day pre-seizure notices to 2,008 properties, while another 507 properties have received 48-hour notices. Following the enforcement action, 182 property owners cleared their outstanding dues, resulting in a recovery of ₹14.35 crore. The civic body has warned that continued non-payment could lead to further legal proceedings, including property seizure and auction, in accordance with applicable municipal provisions
NMMC property tax recovery drive intensifies
The special recovery campaign was launched in September to target property owners with repeated payment defaults. The corporation is seeking to improve collections and recover outstanding revenue required to support civic infrastructure and municipal services.
As of October 27, NMMC had collected ₹546 crore against its annual property tax collection target of ₹1,200 crore for the financial year 2026–27.
The corporation is prioritising industrial and commercial properties in the current phase of enforcement. A separate drive targeting residential property tax defaulters is also planned.
What happens after receiving a property seizure notice?
Under the recovery procedure outlined by the civic body, property owners first receive a seven-day pre-seizure notice. If the dues remain unpaid, a subsequent 48-hour notice may be issued.
Continued default could result in seizure proceedings and, where legally applicable, auction proceedings to recover outstanding taxes.
Property owners who have received notices are therefore being advised to verify their outstanding amounts and clear pending payments within the specified period.
Which Navi Mumbai areas recorded the highest property tax collections?
Nerul recorded the highest property tax collection among NMMC’s administrative divisions, with ₹104.34 crore. Koparkhairane followed with ₹98.37 crore, while Turbhe and Ghansoli recorded ₹95.82 crore and ₹95.44 crore, respectively.
The corporation also reported that approximately 97.5% of property tax payments were made through online channels, indicating the growing use of digital payment facilities among property owners.
Why property tax collection matters for Navi Mumbai
Property tax is an important source of revenue for municipal corporations. These collections help fund roads, drainage networks, sanitation, street lighting, public infrastructure and other essential civic services.
NMMC Commissioner Kailas Shinde has directed the property tax department to intensify recovery efforts and work towards meeting the annual collection target.
The enforcement drive highlights the importance of timely property tax payments for residential, commercial and industrial property owners across Navi Mumbai.
Real Estate News
Mumbai’s Pratibha Tower Site Set for 179-Metre Residential Skyscraper
One of Mumbai’s most controversial real estate sites is preparing for a new chapter. The former Pratibha Tower site in Breach Candy, South Mumbai, is proposed to be redeveloped into a 179.4-metre residential skyscraper, replacing a property historically associated with construction violations and a major controversy dating back to 1984.
From Controversy to Redevelopment
Pratibha Tower became widely known as Mumbai’s “Tower of Corruption” following allegations of serious construction irregularities in the 1980s. The building was eventually demolished after years of legal proceedings, leaving behind a site with a complicated development history.
The proposed redevelopment now aims to transform the location into a modern residential high-rise.
What Is Planned for the New Tower?
The proposed building will feature a basement, ground floor, mezzanine level and six podium floors.
According to the reported development plans:
- Building height: Approximately 179.4 metres
- Residential apartments: Floors 8 to 32
- Amenities: 33rd floor
- Location: Breach Candy, South Mumbai
- Development type: High-rise residential redevelopment
The project is expected to introduce new residential inventory in one of Mumbai’s premium neighbourhoods.
Why Is This Redevelopment Significant?
Breach Candy remains a sought-after residential location because of its established neighbourhood, connectivity and proximity to South Mumbai’s major commercial districts.
The proposed tower also highlights how long-disputed urban properties can potentially return to productive use through redevelopment, subject to the necessary approvals.
What Happens Next?
The project’s progress will depend on applicable regulatory permissions, construction approvals and execution timelines.
If completed, the redevelopment would mark a significant transformation of a site closely associated with Mumbai’s real estate history.
-
Real Estate News7 months ago43,000 Homes Unsold in Navi Mumbai Amid Buyer Slowdown
-
Commercial Real Estate7 days agoBengaluru Tops Housing Price Growth at 14.5% in Q3 2026
-
Real Estate News6 months agoVijayta Raheja Applauds India’s ₹4 Lakh Crore Urban Vision at ET Maharashtra Business Summit
-
New Projects & Launches7 months agoK Raheja & IHG Team Up to Elevate Powai’s Hospitality Landscape
-
Real Estate News7 months agoMumbai’s Largest MHADA Redevelopment Drive Set to Transform 923 Acres
-
Global Real Estate7 months agoSpanish Youth Hostel Group Considers London Real Estate Deals
-
NRI Real Estate7 months agoWill NRI Investments Drive Mumbai Housing?
-
NRI Real Estate7 months agoHow NRIs Are Driving India’s Property Market?
