Tamil Nadu offers incentives to two energy projects
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Mumbai-based listed real estate developer Lodha Developers Limited has acquired 945 permanent transit camp (PTC) units measuring 339,000 square feet from Arihant Construction Company for Rs 5.67 billion. The transaction, registered on 3 June 2025, is part of Lodha’s obligations under the Slum Rehabilitation Authority (SRA) scheme related to its ongoing township project in Vikhroli.The acquired units in Mankhurd will be handed over to the SRA to secure development rights for free-sale construction under the Vikhroli project. The deal includes a stamp duty payment of Rs 340.2 million and regis..