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K Raheja inks pact to jointly develop 2 5-acre land parcel in Mumbai, ET RealEstate

The developer’s residential platform and the landlord have finalised a revenue share structure for the proposed joint development, wherein K Raheja Corp will get 57% revenue share, while the balance 43% will go to the landlord.

K Raheja inks pact to jointly develop 2 5-acre land parcel in Mumbai s Worli

The developers residential platform and the landlord have finalised a revenue share structure for the proposed joint development, wherein K Raheja Corp will get 57% revenue share, while the balance 43% will go to the landlord. As per this agreement, the developer will be responsible for all planning, design, approvals, execution, branding, and sales efforts. The pact stipulates that K Raheja Corp is expected to complete the project within five years.

Bombay HC to observe progress in reconstruction of Bandra (E) skywalk every three months

A division bench of Chief Justice Devendra Kumar Upadhyaya and Justice Arif S Doctor on Wednesday was hearing an application filed by a senior citizen, former judicial officer and Bandra-East resident K P Purushothaman Nair last year.

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