The Dharavi Redevelopment Project Pvt Ltd (DRPPL), led by Adani Realty, seeks 334 tenements from government agencies like SPPL and Mhada to relocate residents and continue redevelopment. Negotiations are ongoing, with Mhada demanding Rs 641 crore in construction costs and interest.

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10 Steps to Ensure a Profitable Deal While Buying a Home

Cognizant Technologies, a major software corporation, is moving towards asset-lightness. The company will sell its large Hyderabad and Chennai offices. Cognizant's approach is to concentrate on non-core real estate and simplify operations.

According to industry sources, Singapore-based Ascendas India Trust is in advanced negotiations with L&T Realty for a forward purchase agreement to buy its real estate development arm's portfolio of prospective commercial projects.