Pratibha to be rebuilt, original tenants offered space

22 Jul 2022 CW Team

Pratibha, a skyscraper off Breach Candy in south Mumbai, will be rebuilt nearly 40 years after one of the largest building violation scams rocked Mumbai and three years after the skeleton of the illegal skyscraper was destroyed. A typical apartment in the area costs around Rs 10,000 per sq ft.

The 36-floor building, which rose to fame in the 1980s, was mockingly referred to as Mumbai's first "tower of corruption." 35 members of the society who had reserved apartments in the building forty years ago are currently in negotiations with the developer.

On the nearly two-acre site, which is located in Sophia College lane, it is intended to construct a new tower. Although they are negotiating for a larger space, the original flat buyers, who never got to stay in the building, have each been offered 3,300 sq ft of space.

Real Estate

17 Jun 2025

SRA Launches SoftTech鈥檚 AutoDCR to Fast-Track Redevelopment

In a major step towards modernising urban redevelopment in Mumbai, the Slum Rehabilitation Authority (SRA) has implemented the SoftTech AutoDCR Online Building Permission System. The digital rollout aims to enhance transparency, reduce manual interventions, and speed up project approvals in the city鈥檚 slum rehabilitation efforts. Developed by SoftTech Engineers, a company focused on technology solutions for the Architecture, Engineering and Construction (AEC) industry, AutoDCR automates the scrutiny and approval of building plans. By enabling developers to submit proposals online, it re..

Equipment

17 Jun 2025

Desi Machines Brings Clarity to Equipment Decisions

India鈥檚 construction sector is expanding rapidly 鈥� from metros to villages, activity is surging in roads, bridges, homes, and industrial infrastructure. To support this growth, contractors, builders and machine operators need reliable equipment. However, making the right machinery choice is often confusing and overwhelming. Buyers frequently face uncertainty 鈥� not just over which brand to trust, but over which machine type suits their need. Should one opt for an excavator or backhoe loader? Is it more economical to buy one medium excavator or two smaller ones? Should they buy new or..

Real Estate

17 Jun 2025

Omaxe Launches Rs 10 billion Township Project in Amritsar

Real estate major Omaxe has launched a new integrated township, New Amritsar, on the GT Road corridor with an investment of over Rs 10 billion. The company has acquired 260 acres for the project, of which 127 acre will be developed in the first phase through its subsidiaries. Strategically located just 12 minutes from the Golden Temple, the township will include residential plots of 300, 500, and 1000 sq yards, along with commercial spaces, a school, a hotel, an exclusive clubhouse, and infrastructure amenities such as 24x7 security, wide internal roads, landscaped greens, and utility ser..