Satish Nandgaonkar
Articles by Satish Nandgaonkar

Viacom 18 finalises city’s largest front office deal, move to a new HQ

While a formal agreement is yet to be inked, a source familiar with the deal said Viacom 18 will soon move its base from Zion Bizworld in Vile Parle East close to the Mumbai airport to Tower 4 of One International Centre

The entertainment conglomerate, which has 38 televisions channels across general entertainment, movies, sports, youth, music and kids and OTT platform Jio Cinema, will fork out an estimated monthly rent of <span class='webrupee'>₹</span>170 per sq. ft which will work out to <span class='webrupee'>₹</span>6.9 crore, industry sources said. (HR PHOTO)
Published on Sep 23, 2023 12:57 AM IST

Bafna Motors sells four-acre land to Greenscape for 145.46 crore

Greenscape paid a stamp duty of ₹7.27 crore on the purchase of 16,200 sq m of land including built up area of 10,364.04 sq m across three plots

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Published on Sep 21, 2023 01:48 AM IST

Actor Ranbir Kapoor rents 7000 sq ft apartment in Trump Towers, Pune

Bollywood star Ranbir Kapoor has leased a 7,000 sq ft apartment in Trump Towers in Pune for an annual rent of ₹48 lakh. The apartment was leased from Duro Shox Pvt Ltd for a monthly rent of ₹4 lakh.

Actor Ranbir Kapoor rents 7000 sq ft apartment in Trump Towers, Pune
Updated on Sep 21, 2023 01:44 AM IST

Private charted flight veers off runway; seven injured

A private chartered aircraft skidded off the runway at Chhatrapati Shivaji Maharaj International Airport, injuring seven people. The co-pilot is in critical condition. The runway was closed for 90 minutes, resulting in diverted flights, cancellations, and delays. The flight, hired by J M Baxi and Co., had eight people on board. The cause of the accident is under investigation, but heavy rain and low visibility are suspected factors.

**EDS: IMAGE VIA SOCIAL MEDIA** Mumbai: Officials gather around a damaged aircraft after it veered off the runway with six passengers and two crew members on board at the Mumbai airport amid heavy rains, in Mumbai, Thursday, Sept. 14, 2023. No casualty has been reported as of now, sources said. (PTI Photo) (PTI09_14_2023_000242B) (PTI)
Updated on Sep 15, 2023 12:50 AM IST

Sonakshi Sinha buys sea-facing apartment on top floor of 26-storey Bandra highrise

The apartment – on the 26th floor, the top floor, of the building on Bandra’s KC Road – spans across a carpet area of 2,208.77 sq ft, according to the agreement sale registered on August 29 between project promoters Pyramid Developers and Poonam Sinha, Sonakshi’s mother, on behalf of the actor. The agreement was accessed and shared by

Mumbai, India - Sept. 9, 2023: Sonakshi Sinha has bought property in 81 Aureate Building at Bandra West in Mumbai, India, on Saturday, September 9, 2023. (Photo by Satish Bate/ Hindustan Times) (Hindustan Times)
Published on Sep 13, 2023 12:53 AM IST

French luxury brand Christian Dior leases retail space at Jio World Plaza in BKC

Christian Dior leases two units in luxury mall Jio World Plaza at Bandra Kurla Complex for a starting monthly rent of ₹21.56 lakh.

Jio World Plaza on One Big fashion Brand has leased space inside Jio World at BKC, Bandra, in Mumbai, India, Thursday, Sep 01, 2023. (Photo by Vijay Bate/HT Photo)
Published on Sep 12, 2023 09:12 PM IST

Real estate agents face testing times

In a first, as exam prep, real estate agents went through many workshops where they were explained the preamble, purpose and objectives of RERA Act. They participated in virtual tours of the MahaRERA portal to familiarize themselves with the basics of the trade -- how to verify promoter identity and project details, access legal titles of the property, calculate the RERA carpet area, access the building approvals like commencement certificate, the financial information about the project, any litigations against the project etc

In development havens such as Mahalaxmi, Mumbai, and others in the state, real estate agents will be allowed to operate only after they earn the certificate of competency by MahaRERA. (Anshuman Poyrekar/ HT Photo)
Updated on Sep 10, 2023 04:45 PM IST

Top actors buy office spaces in Andheri worth 47.82 crore

While Bachchan’s agreement is signed with Veer Savarkar Projects Ltd, the official promoter of the Signature building on the MahaRERA portal, Aryan and Sara purchased their office spaces from Aishwarya Property and Estates Pvt Ltd, a company promoted by Anand Pandit, and his wife, Roopa Pandit

Mumbai, India - Sep 07, 2023 : Lotus Grandeur and Signature tower in Caption Suresh Samant Marg, Shastri Nagar, Jogeshwari West, in Mumbai, India, Thursday, Sep 07, 2023. (Photo by Vijay Bate/HT Photo)
Updated on Sep 08, 2023 10:44 AM IST

Avenue Supermarts buys 45k sq ft space in Mumbai for 88.74 crore

The company which runs DMart supermarket chain has purchased 17 commercial units in the residential building in Kandivali west

Founded by Radhakishan Damani, Avenue Supermarts Ltd’s flagship brand DMart opened its first supermarket offering home and personal products at competitive prices in Powai in 2002. (Photo
Updated on Sep 08, 2023 11:01 AM IST

UD moots digital connectivity infra in new building plans

This is aimed creation of an ecosystem for Digital Connectivity Infrastructure (DCI) making it an intrinsic part of building development plan similar to other building services like water, electricity or fire safety system

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Updated on Sep 06, 2023 03:21 PM IST

Scrap guideline in redevelopment process, MGP urges CM

Consumer rights group Mumbai Grahak Panchayat has written to the Chief Minister of Mumbai, demanding the removal of a guideline that allegedly promotes corruption in redevelopment projects. The group claims that the presence of an authorised officer from the Co-operative Registrar's office at approval meetings has become a breeding ground for corruption, with bribes being demanded for approval. The group suggests that video recording the proceedings would provide evidence of transparent selection.

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Updated on Sep 06, 2023 03:18 PM IST

Why these Chembur home buyers have nowhere to go

the home buyers hadn’t realised the perils of investing in a saleable component of an SRA project. After Radius began facing financial issues, the transit rent to slum dwellers who had already vacated their homes was stopped, leading to a big turmoil. In September 2021, the then SRA CEO initiated suo moto proceedings, and terminated the developer for “non performance and inordinate delay in implementation”.

With the appointment of a new developer, the Radius Anantya buyers approached the SRA authorities only to be told that they are only responsible for the slum component, and the saleable component falls in the domain of MahaRERA.
Updated on Sep 05, 2023 12:49 AM IST

Louis Vuitton leases four units at Jio World Plaza

The company manufactures luxury products ranging from luxury bags and leather goods to ready-to-wear clothes, shoes, perfumes, watches, jewellery, sunglasses and accessories among others as per the agreement between Louis Vuitton India pvt ltd and Reliance Industries Ltd

Mumbai, India - Sep 01, 2023 : Jio World Plaza on One Big fashion Brand has leased space inside Jio World at BKC, Bandra, in Mumbai, India, Thursday, Sep 01, 2023. (Photo by Vijay Bate/HT Photo)
Updated on Sep 02, 2023 12:46 AM IST

Single-window clearance for self-development of housing societies

The Maharashtra government has implemented a single window clearance system for self-development of cooperative housing societies within three months. Nodal agencies have been appointed for financing. Officials must issue deemed conveyance within 30 days. The government aims to boost self-development of cooperative housing societies.

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Updated on Aug 31, 2023 12:58 AM IST

Actor Kajol buys office in Oshiwara for 7.64 crore

The office is on the eighth floor and has a RERA carpet area of 1904 sq ft and comes with three dedicated car parking spaces. The actress paid a stamp duty of ₹45.84 lakh for the transaction registered on August 25, according to registration documents accessed by

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Updated on Aug 29, 2023 03:08 PM IST

50-sq-m houses to be calculated from basic FSI, UD clarifies

The urban development department in Mumbai has clarified that the construction of 50-square-metre tenements should be consumed from basic FSI and not include TDR, premium FSI, and ancillary area FSI. This clarification came in response to a representation made by Credai-MCHI, a leading developers' body. The Thane municipal corporation was misinterpreting the provision for allowing residential commercial uses in industrial zones. This clarification will benefit developers planning residential housing projects.

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Updated on Aug 26, 2023 12:50 AM IST

WestBridge Capital MD buys luxe apartment in Worli for 96.12 crore

Sumir Chadha, MD of WestBridge Capital, has bought a luxury apartment in Mumbai's Oberoi Three Sixty West project for INR 96.12 crore ($12.9 million). The apartment, located on the 60th floor, has a built-up area of 7,459 sq ft and Chadha paid a stamp duty of INR 3.59 crore on the transaction. The deal includes five car parking spaces and the apartment fetched a rate of INR 1.29 lakh per sq ft on the built-up area, which could be one of the highest rates for luxury properties in Worli.

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Updated on Aug 24, 2023 12:51 AM IST

Mumbai’s tallest SRA project with sea views begins handover

Omkar Realtors has begun delivering the first rehab homes in Mumbai's tallest SRA building, located at Dhobi Ghat in Mahalaxmi. The first phase will see 1,000 families receive their new homes, along with 19 retail units. The towers are situated near the open-air laundry, with many of the residents being traditional dhobi families. The project, a joint venture between Omkar group and Piramal Realty, includes amenities such as welfare centres and balwadis. The views from the new homes include the Mahalaxmi Racecourse and Arabian Sea. The project is being hailed as the world's tallest rehabilitation structure.

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Updated on Aug 23, 2023 12:37 AM IST

BoB withdraws auction notice for Sunny Deol’s Juhu bungalow

According to the earlier sale notice issued on Sunday, the bank was to auction Sunny Villa, located at Gandhigram Road, to recover ₹55.99 crore the actor owes the lender along with interest and cost from December 26 last year minus the recovery of the amount that has been made

Bollywood actor Sunny Deol poses for a picture during a bridal ceremony ahead of the marriage of his son and actor Karan Deol, in Mumbai on June 16, 2023. (Photo by SUJIT JAISWAL / AFP) (AFP)
Updated on Aug 22, 2023 12:18 AM IST

PM to inaugurate country’s second diamond bourse in Dec

Built at the cost of ₹3,400 crore, the SDB has 6.7 million sq ft built up area, making it an office building larger than the Pentagon. It is a cluster of nine towers of ground plus 15 floors with office spaces ranging from 300 sq ft to 75,000 sq ft. The 4,500 offices in the complex are serviced by 125 lifts, while 24 spine corridors link the nine towers

Mathurbhai Savani, a core committee member and official spokesperson for SDB, confirmed the development. Savani was part of a delegation led by Gujarat Bharatiya Janata Party (BJP) president CR Patil and SDB chairman Vallabhbhai Patel, which met the PM on August 2 to seek his dates. (HT Photo)
Updated on Aug 22, 2023 12:16 AM IST

Bank of Baroda withdraws notice for auctioning Sunny Deol’s bungalow

In a post on X (formerly Twitter), Congress leader Jairam Ramesh wondered who triggered the technical reasons for the notice withdrawal

Actor and ruling BJP Member of Parliament Sunny Deol. (Twitter)
Updated on Aug 21, 2023 11:41 AM IST

Sunny Deol’s Juhu villa up for sale after 56-crore loan default

According to the notice published on August 20, BoB has launched recovery proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, to recover the amount borrowed by Ajay Singh Deol alias Sunny Deol

Mumbai, India - June 20, 2023: Building view of Sunny Super Sound at Juhu in Mumbai, India, on Tuesday, June 20, 2023. (Photo by Satish Bate/ Hindustan Times) (Hindustan Times)
Updated on Aug 21, 2023 12:36 AM IST

Amazon leases four-acre L&T land in Powai

Amazon Data Services Pvt Ltd has leased four acres of industrial land in Mumbai from Larsen and Toubro Ltd for a monthly rent of ₹2.60 crore. The lease is for 18 years starting from April 2025.

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Updated on Aug 19, 2023 12:45 AM IST

Clash erupts between BJP and Shiv Sena workers in Kalyan ahead of polls

This time, the row is likely to snowball into a major controversy as BJP’s Kalyan unit leaders alleged that on Wednesday, their workers were beaten up by Shiv Sena workers when they were painting walls with the lotus symbol as part of the party’s ongoing national campaign for the Lok Sabha polls eight months away

Clash erupts between BJP and Shiv Sena workers in Kalyan ahead of polls
Updated on Aug 18, 2023 12:41 AM IST

Mumbai most expensive, Ahmedabad most affordable housing market: report

The Affordability Index in Mumbai, which now stands at 55%, used to be 93% in 2010 and has seen a steady improvement over the decade, especially during the pandemic when the Reserve Bank of India (RBI) had cut Repo rates to decadal lows

Mumbai, India - March 20, 2023: Clear weather over citiscape, at Bandra, in Mumbai, India, on Monday, March 20, 2023. (Photo by Vijay Bate/HT Photo) (HT PHOTO)
Updated on Aug 17, 2023 12:54 AM IST

CM assures Irshalwadi victims of permanent homes within six months

The CM said the government would provide jobs to those who fit into the requirements of the Navi Mumbai municipal corporation and CIDCO. “We will have to use special rules to do certain things,” he said. “For example, there are provisions for the rehabilitation of earthquake victims, and we will use these provisions to provide jobs

Irshalwadi villager Ankush Wagh said the chief minister had addressed all the concerns raised by them, and they hoped to move into their new homes soon. (HT Photo)
Updated on Aug 16, 2023 12:26 AM IST

TMC to add more beds at Kalwa hospital, revamp to begin soon

The Thane Municipal Corporation plans to expand the capacity of its Chhatrapati Shivaji Maharaj hospital and create additional beds as part of a revamp.

Thane, India - August, 14, 2023: After 18 patients died in a single day yesterday in Thane CSM hospital Kalwa hospital, police presence and rush of patients are seen on Tuesday, the second day , in Thane, in Mumbai, India, on,Monday, August, 14, 2023. ( Praful Gangurde / HT Photo ) Thane municipal commissioner Abhijit Bangar chaired a review meeting at the hospital on Tuesday, a day after Chief Minister Eknath Shinde visited in the wake of the tragic deaths of 18 patients on the night of August 12-13. (HT Photo)
Updated on Aug 16, 2023 12:24 AM IST

Maha: Four more deaths at Kalwa hospital, nine-member panel to conduct probe

Four more patients, including a one-month-old infant, have died at Chhatrapati Shivaji Maharaj hospital, taking the total number of deaths to 27.

Thane, India - August, 14, 2023: After 18 patients died in a single day yesterday in Thane CSM hospital Kalwa hospital, police presence and rush of patients are seen on Tuesday, the second day , in Thane, in Mumbai, India, on,Monday, August, 14, 2023. ( Praful Gangurde / HT Photo )
Updated on Aug 15, 2023 01:46 AM IST

18 patients die in 18 hours at Kalwa hospital, high-level probe ordered

Following the incident, Chief Minister Eknath Shinde has ordered an investigation into the 23 deaths by a five-member committee. Thirteen of the deaths occurred in the Intensive Care Unit of the hospital

Thane, India - August, 13, 2023: As 18 patients died in chhtrapati Shivaji maharaj Hospital Kalwa Hospital of Thane Municipal Corporation on a single day, a crowd of relatives can be seen outside Mercury in CSM Hospital kalwa Hopsital , in Thane, in Mumbai, India, on,Sunday, August, 13, 2023. ( Praful Gangurde / HT Photo ) (Hindustan Times)
Updated on Aug 14, 2023 12:39 AM IST

Maharashtra: 18 more patients die at Kalwa civic hospital in 12 hours

At least 18 more patients have been declared dead at Thane Municipal Corporation-run Chhatrapati Shivaji Maharaj Hospital overnight.

Five patients in Kalwa’s civic-run Chhatrapati Shivaji Maharaj Hospital were declared dead on Thursday (Twitter Photo)
Updated on Aug 13, 2023 05:23 PM IST
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