Pratibha to be rebuilt, original tenants offered space
Real Estate

Pratibha to be rebuilt, original tenants offered space

Pratibha, a skyscraper off Breach Candy in south Mumbai, will be rebuilt nearly 40 years after one of the largest building violation scams rocked Mumbai and three years after the skeleton of the illegal skyscraper was destroyed. A typical apartment in the area costs around Rs 10,000 per sq ft.

The 36-floor building, which rose to fame in the 1980s, was mockingly referred to as Mumbai's first "tower of corruption." 35 members of the society who had reserved apartments in the building forty years ago are currently in negotiations with the developer.

On the nearly two-acre site, which is located in Sophia College lane, it is intended to construct a new tower. Although they are negotiating for a larger space, the original flat buyers, who never got to stay in the building, have each been offered 3,300 sq ft of space.

Pratibha, a skyscraper off Breach Candy in south Mumbai, will be rebuilt nearly 40 years after one of the largest building violation scams rocked Mumbai and three years after the skeleton of the illegal skyscraper was destroyed. A typical apartment in the area costs around Rs 10,000 per sq ft. The 36-floor building, which rose to fame in the 1980s, was mockingly referred to as Mumbai's first tower of corruption. 35 members of the society who had reserved apartments in the building forty years ago are currently in negotiations with the developer. On the nearly two-acre site, which is located in Sophia College lane, it is intended to construct a new tower. Although they are negotiating for a larger space, the original flat buyers, who never got to stay in the building, have each been offered 3,300 sq ft of space.

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?