DLF & Shapoorji Pallonji Challenge Hubtown & PNB in Mumbai Project Dispute
Real Estate

DLF & Shapoorji Pallonji Challenge Hubtown & PNB in Mumbai Project Dispute

In a significant legal showdown, two real estate behemoths, DLF and Shapoorji Pallonji, have initiated legal action against Hubtown and PNB concerning a prominent development project located in South Mumbai. This dispute, which has captured the attention of the real estate industry, hinges on the intricacies of a high-stakes project that stands as a pivotal venture in the heart of the city. DLF and Shapoorji Pallonji, both renowned for their extensive real estate portfolios and expertise, have brought this dispute before the High Court, signaling a legal battle of substantial proportions. The outcome of this litigation could significantly impact the dynamics of the Mumbai real estate sector, and all eyes are on the courtroom as the proceedings unfold. The South Mumbai project, at the center of this dispute, represents not only a significant financial investment but also a symbol of ambitions within the real estate industry. With complexities and legalities in question, this dispute raises intriguing questions about the future of development ventures and property litigation in Mumbai's bustling real estate landscape.
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

In a significant legal showdown, two real estate behemoths, DLF and Shapoorji Pallonji, have initiated legal action against Hubtown and PNB concerning a prominent development project located in South Mumbai. This dispute, which has captured the attention of the real estate industry, hinges on the intricacies of a high-stakes project that stands as a pivotal venture in the heart of the city. DLF and Shapoorji Pallonji, both renowned for their extensive real estate portfolios and expertise, have brought this dispute before the High Court, signaling a legal battle of substantial proportions. The outcome of this litigation could significantly impact the dynamics of the Mumbai real estate sector, and all eyes are on the courtroom as the proceedings unfold. The South Mumbai project, at the center of this dispute, represents not only a significant financial investment but also a symbol of ambitions within the real estate industry. With complexities and legalities in question, this dispute raises intriguing questions about the future of development ventures and property litigation in Mumbai's bustling real estate landscape.

Next Story
Infrastructure Energy

Orb Energy Achieves Rs 3 Bn Milestone in Solar Financing Success

Orb Energy, a vertically integrated solar energy solutions provider, has achieved a significant milestone by surpassing Rs 3 billion in financing disbursements through its in-house finance facility that requires no collateral or down payment. This accomplishment underscores its dedication to supporting small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in India in transitioning to cost-effective solar energy solutions. The company has installed approximately 350 MW of solar photovoltaic systems nationwide, with a strong foothold in southern and western India...

Next Story
Infrastructure Energy

90% Defaulters Yet to Settle Rs 3.17 Bn Power Dues in Noida

Out of a total of 1.31 lakh defaulters in Noida, only 13,500 consumers availed of the one-time settlement (OTS) scheme during its first phase. The Uttar Pradesh Power Corporation (UPPCL) launched the scheme in three phases, from December 15, 2024, to January 31, 2025. These consumers cleared dues amounting to Rs 300.40 million out of a total Rs 3.47 billion owed. Officials emphasized that stricter enforcement of the scheme would be implemented in the coming phases. During a recent weekend meeting with the technical team of the power department, the Noida zone's chief engineer instructed that..

Next Story
Infrastructure Energy

NER Invites Bids for 10 MW Rooftop Solar Projects in Uttar Pradesh

The Varanasi division (electrical) of Northeastern Railway has recently issued four tenders for a total of 10.4 MW on-grid rooftop solar systems to be installed at various buildings in Gorakhpur, Uttar Pradesh. The tenders include different project capacities, with submission deadlines set between January 31 and February 3, 2025. Bidders are required to submit earnest money deposits (EMDs) ranging from Rs 0.89 million to Rs 1.2 million depending on the tender, with the expected project costs varying between Rs 148 million and Rs 174.08 million. The selected contractors will be tasked with sup..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000