Tag: Vile Parle

Latest StoriesRegulatory

Mumbai: Pattathu Brothers’ Directors Charged for Unmet Amenities

MUMBAI: The Slum Rehabilitation Authority (SRA) has filed a case against two directors of a Mumbai-based real estate firm for not providing essential amenities to a housing society in Vile Parle, according to police reports on Monday. A complaint from an SRA assistant engineer alleges that Joseph S Pattathu and Pearl Joseph Pattathu, directors of Pattathu Brothers, violated redevelopment agreements by not delivering six required facilities to eligible beneficiaries after obtaining completion certificates for the project. An official stated that the firm had received all necessary approvals from the SRA, including the Letter of Intent (LOI) and Occupation Certificate (OC),…

IndustryLatest Stories

Onida Plans to Monetize Realty Assets for Revival

Representative AI image KOLKATA: Onida Electronics, known for its once-iconic television brand, is planning to monetize its real estate assets to generate funds, with some proceeds intended for revitalizing the brand as it competes against well-funded rivals like LG, Samsung, Haier, and Hisense in the highly competitive Indian consumer electronics market. Gunjan Srivastava, the newly appointed managing director and CEO, stated that the company is considering monetizing three land parcels: its 2,143 sq m headquarters, Onida House, in Mumbai’s Andheri; a 60-acre manufacturing facility at Wada, which is being closed; and a five-acre site at Lote in Ratnagiri. The assets…

Latest StoriesRegulatory

No delay in conveyance due to future TDR use: Bombay HC

MUMBAI: Last week, the Bombay High Court provided relief to three Vile Parle housing societies comprising ten buildings constructed in the 1970s and two from November 1990. The court upheld the deputy registrar’s authority to unilaterally grant deemed conveyance of land along with the buildings, ruling that future FSI potential concerning portions of land designated for public amenities should not hinder the process. In a ruling on June 18, Justice Sandeep Marne stated, “The conveyance of the land intended for the societies cannot be postponed until the municipal corporation acquires the land and compensates the petitioner.” Justice Marne expressed skepticism…

CommercialLatest Stories

Kartik Aaryan’s Parents Purchase Mumbai Office for ₹10.8 Crore

NEW DELHI: Kartik Aryan’s parents have purchased an office unit in Mumbai’s Vile Parle for ₹10.83 crore, as reported by Zapkey. The transaction took place in November, with a stamp duty of ₹65 lakh paid. This property, sold by Notan House, features a carpet area of 1,228 sq ft and includes two parking spaces, as per the documentation. Notandas Realty was the developer of Notan House. Published On Dec 3, 2025 at 10:36 AM IST Join a community of over 2 million industry professionals. Subscribe to our newsletter for the latest insights and analysis delivered to your inbox. Everything about…