Rustomjee Group launches Urban Woods in Dombivli, featuring 873 units with a GDV of ₹1,800 crore, catering to homebuyers seeking modern residences in a growing hub.
HDFC Capital partners with Total Environment to launch a ₹1,300 crore platform for Bengaluru residential projects, adding 6.5 million sq. ft. with a GDV of ₹10,100 crore.
The Jammu Smart City project has seen an investment of ₹815.37 crore over six years, with ongoing urban development, infrastructure upgrades, and grievance redressal efforts.
Kajol sells her 762 sq ft Powai apartment for ₹3.1 crore, while continuing strategic investments in Mumbai’s commercial and residential real estate sector.
UMC probes alleged property tax corruption after BJP leader Rajesh Vadhrya claims officials granted an unauthorized 100% penalty waiver under Abhay Yojana.
MoHUA approves 3.53 lakh houses under PMAY-U 2.0 across ten states, prioritizing women, marginalized communities, and financial support for vulnerable groups.
Nagpur secures MoUs worth ₹6,100 crore for hotel and industrial projects, including investments from Taj, Hyatt, Hilton, and major industrial firms to boost growth.
The CBI is investigating alleged ₹9,000 crore irregularities in Noida Sports City, focusing on land misuse, developer violations, and Noida Authority’s role.
Embassy Developments Ltd sells a 25-acre land parcel in Whitefield, Bengaluru, to Lam Research for ₹1,125 crore, supporting semiconductor sector expansion in India.
Ravi Puravankara acquires 12 commercial units in Marol, Andheri, Mumbai, for ₹242 crore, reflecting strong investor confidence in Mumbai’s commercial real estate.
Ghaziabad Development Authority (GDA) introduces a 25% special amenity fee on commercial properties near metro and RRTS corridors to fund urban infrastructure upgrades.
Gurugram authorities ordered residents of Chintels Paradiso Towers A, B, and C to vacate within 15 days due to structural instability, prompting legal and compensation concerns.
DLF plans to invest Rs 20,000 crore in expanding its commercial real estate portfolio, focusing on office and retail spaces. With a strong rental business and upcoming projects like DLF Downtown and DLF Mall of India in Gurugram, the company aims to strengthen its position in the commercial real estate sector.
Bagmane Constructions acquired Cognizant’s Chennai HQ for ₹612 crore, planning a 3 million sq. ft. office park in OMR’s Zone 2, reflecting growing commercial demand.
Oberoi Realty is set to sell a 21.74% stake in I-Ven Realty to Alpha Wave Ventures for Rs 1,250 crore. The deal includes financial restructuring and a rights issue to enhance stability and growth.
Turbostart invests $1M in Lighthouse PropTech in a $2.5M round, backed by Dabur Family Office, to enhance its luxury real estate transaction platform in India.
Tribeca Developers plans to launch four Trump-branded projects in 2025, investing ₹6,000-₹7,000 crore, including three residential and one commercial project in Pune.
Signature Global acquired 8.38 acres in Sector 37D, Gurugram, for Rs. 282.42 crore, planning a 2 million sq. ft. project with expected revenue of Rs. 3,200 crore.
Smartworks leased 2.2 lakh sq. ft. at DLF Cyber City, Hyderabad, expanding its footprint to 10 lakh sq. ft., catering to rising demand for managed office spaces.
Experion Developers launches Windchants Nova in Gurugram, offering 60 exclusive luxury apartments with premium specifications, spacious layouts, and private living.
Adani Group is in advanced talks to acquire Emaar India for $1.4 billion, a move that would expand its real estate portfolio and reshape India’s property sector.
Around 600 homebuyers of RG Luxury Homes in Greater Noida West will soon receive possession as the project secures occupancy certificates under NCLT’s reverse insolvency process. Learn how this innovative resolution is reviving stalled real estate projects.
Kusum Ansal sold her Lutyens’ Delhi bungalow for ₹241 crore, marking one of India’s biggest real estate deals, with the sale executed under the SARFAESI Act.
Bengaluru’s Kempegowda International Airport wins ACI’s ASQ Award for ‘Best Airport for Arrivals Globally’ in 2024, marking its third consecutive recognition for excellence.
The Gurugram administration has approved NBCC’s demolition of three unsafe towers in the Green View complex, following structural failures and safety concerns.
IIFL Home Finance and MHDC have partnered to accelerate affordable housing in Maharashtra, aiming to facilitate homeownership for EWS and LIG families.
Trump Organisation, with Tribeca and Kundan Spaces, launches Trump World Center Pune, a ₹1,700 crore commercial project spanning 1.6M sq. ft. in Koregaon Park.
Laxmi Nivas on Nepean Sea Road sold for ₹276 crore to RIL-linked firm, marking a key Mumbai luxury real estate deal with redevelopment potential of 45,000 sq. ft.
The Earth Fund, a ₹300-crore SEBI-registered AIF by Brigade Group and Gruhas, aims to transform Indian real estate with investments in PropTech and sustainability-driven startups. With a focus on AI, automation, and green technology, the fund seeks to modernize construction and urban development while bridging the gap between traditional real estate and emerging innovations.
India’s Smart Cities Mission, launched in 2015, has completed 7,504 projects across 100 cities. The initiative concludes on March 31, 2025, with ongoing projects nearing completion.
The House of Abhinandan Lodha (HOABL) is expanding its real estate footprint, targeting 30 towns by March 2025, with a projected Rs 10,000 crore sales by 2029-30.
Macrotech Developers sold a 14,866 sq ft apartment in Worli’s Lodha Sea Face project for ₹187.47 crore, reflecting strong demand for luxury housing in Mumbai.
Bengaluru property owners must clear outstanding tax dues before March 31 to avoid a 100% penalty and high interest rates. BBMP intensifies tax collection efforts, with legal actions planned against defaulters. Act now to prevent financial penalties.
Signature Global held the Bhoomi Pujan for Titanium SPR, a premium residential project in Gurugram, marking the start of construction for a luxury, eco-certified development.
The NCLT Guwahati has approved the merger of Dalmia Cement (North East) and Vinay Cement, subsidiaries of Dalmia Bharat. The consolidation aims to enhance operational efficiency and streamline business activities in the North East region. Learn more about the merger details.
Blackstone acquired a 40% stake in Kolte-Patil Developers for ₹1,150 crore, reinforcing its commitment to India's real estate market and expansion strategy.
The Rajasthan government is set to regularize 87 unauthorized colonies in Jaipur by issuing land lease deeds (pattas). This move aims to recover taxes, provide legal ownership, and improve urban infrastructure. Learn more about the implementation and political impact.
Rustomjee Group plans to expand into Tier 2 cities with senior living and plotted developments while maintaining its focus on Mumbai's resilient real estate market.
Ansal Properties and Infrastructure faces fresh allegations as four more FIRs are filed in Lucknow, bringing the total to 25 in just ten days. Complaints include financial fraud, forgery, and property misallocation, raising concerns for homebuyers and investors. Read more about the ongoing investigation.
The Allahabad High Court has directed YEIDA to take over and complete stalled Jaypee housing projects on SDZ land, impacting thousands of homebuyers. The ruling outlines strict timelines, financial considerations, and legal challenges, offering hope for long-delayed property possession.
The Chandigarh administration has introduced new guidelines for the demolition of illegal structures, ensuring transparency and accountability. The regulations mandate digital records, a nodal officer for communication, and stricter compliance measures for building approvals and service connections.
PM Surya Ghar: Muft Bijli Yojana has completed 10.09 lakh rooftop solar installations, with a target of one crore households by 2026-27.
TCS acquires a 100% stake in Bengaluru-based Darshita Southern India Happy Homes Pvt Ltd for ₹2,250 crore to establish a new delivery centre, strengthening its operational footprint.
Prayagraj's Master Plan-2031 is set to transform the city by expanding its municipal boundaries, integrating 639 villages, and introducing new land-use policies. The plan aims to boost commercial development, improve infrastructure, and enhance urbanization for sustainable growth.
GNIDA plans a 5-8% land price hike for 2025-26 to fund infrastructure projects, impacting residential, commerciaBrigade Group launched Ebony at Brigade Orchards in Devanahalli, a premium residential project with a ₹380 crore revenue potential, expanding its township portfolio. l, and industrial real estate in Greater Noida.
The Adani Group has emerged as the highest bidder for the ₹36,000 crore Motilal Nagar redevelopment project in Goregaon, Mumbai. This is its third major acquisition in Mumbai’s urban redevelopment sector.
Structural audits of 20 residential societies in Gurugram remain stalled due to an unresolved funding dispute between builders and RWAs, delaying safety checks.
Gopalan Enterprises plans to invest ₹500 crore in AI-powered smart homes, with 3,000 units to be developed by 2025. The company is also expanding its commercial real estate portfolio.
Amitabh Bachchan has invested in Ayodhya again by purchasing a 54,454 square feet plot near the Ram Mandir for charitable purposes through the Harivansh Rai Bachchan Trust.
Kajol Devgan has purchased a ₹28.78 crore commercial space in Goregaon West, Mumbai, adding to her growing real estate portfolio of strategic investments.
South City Projects has dismissed reports of a $400 million deal with Blackstone as speculative, stating it is evaluating multiple investment options, including a REIT.
Omaxe Group launches New Singapore at World Street, Faridabad, a ₹600 crore high-street development integrating premium retail, hospitality, and entertainment.
The Assam Cabinet has approved key initiatives, including industrial parks, a coaching regulation act, and heritage site nominations, aiming to boost economic and social growth.
Akshay Kumar sold his Borivali East apartment for Rs. 4.35 crore, marking an 84% appreciation, reflecting strong demand for premium residences in Oberoi Sky City.
India is committed to hosting the 2036 Olympics, with Gujarat investing in major sports infrastructure, including 10 stadiums at Sardar Patel Sports Complex, Ahmedabad.
DLF Cyber City Developers Ltd (DCCDL) is investing ₹6,000 crore to develop 75 lakh sq. ft. of office and retail space in Gurugram, catering to rising commercial demand.
BNP Paribas leased 3,497 sq ft in Mumbai’s BKC at ₹811 per sq ft, reinforcing BKC’s status as India’s costliest commercial hub with rising demand for premium office spaces.
Karnataka has proposed three sites for Bengaluru’s second international airport to ease congestion at KIA, awaiting central approval for further planning and development.
Table Space expands its Mumbai portfolio by 50% to ~7 lakh sq. ft., introducing 'Suites,' a premium managed office solution in key business hubs.
Trichy Corporation’s climate action committee is implementing sustainability-focused projects, including a 24X7 water supply scheme, waste management, and green infrastructure.
Oaktree Capital Management has opened a new office in Hyderabad, reinforcing its commitment to India and expanding its global operations with a focus on local talent.
The Karnataka Budget 2025 boosts Bengaluru’s infrastructure with major investments in roads, metro, drainage, and urban development to enhance connectivity and growth.
Noida International Airport's launch may face delays beyond April 17, 2025, due to pending regulatory approvals, impacting flight operations and regional development.
Sattva Developers and Blackstone-backed KRT filed for a ₹6,200 crore REIT IPO, set to be India's largest, monetizing 48.1 million sq. ft. across six cities.
Uttar Pradesh CM Yogi Adityanath orders an FIR against Ansal Group for allegedly defrauding homebuyers. With insolvency proceedings initiated, legal action intensifies against key promoters. Stay updated on the latest developments in this major real estate fraud case.
The Pune Cantonment Board (PCB) has initiated the process of revising building bylaws for civil and bungalow areas, addressing long-standing concerns over construction restrictions and Floor Space Index (FSI) limits. The move follows directives from the Directorate General of Defence Estates (DGDE) and aims to streamline development while debates over municipal merger and military control continue.
Lavasa Corporation has been granted a 90-day extension in its insolvency resolution process by the NCLT after the previous bidder failed to implement the approved plan. The revival efforts continue as creditors seek a viable resolution.
Coimbatore Metro's land survey begins for two corridors, using advanced mapping to finalize alignment and plan utility relocations for smooth project execution.
Paresh Shah and Avni Shah purchased a ₹106 crore luxury apartment in Mumbai’s Juhu, setting a new price benchmark at over ₹1 lakh per sq. ft. in Avalon Tower.
MS Dhoni’s family office invests in SILA, a real estate platform, marking a strategic entry into India’s property market, though the investment amount remains undisclosed.
Zuari Infraworld enters Hyderabad's real estate market with Zuari Gangothri Tribhuja, a ₹1,500 crore residential project in Kollur, developed in partnership with Gangothri Developers.
Starting April, Bidhannagar residents can pay their property taxes easily through a mobile app as the BMC introduces the Bharat Bill Payment System (BBPS). This digital initiative aims to simplify tax payments, improve compliance, and increase revenue collection. Stay updated on how to access the new system!
Bollywood actor Shakti Kapoor has sold his Juhu apartment for ₹6.11 crore, while recently purchasing a luxury residence in Mumbai’s Piramal Mahalaxmi with his daughter Shraddha Kapoor.
WTCA has revoked 13 WTC licenses held by WTC Noida and Spire Techpark Ltd due to non-compliance, impacting projects across India and raising investor concerns.
IDEASHACKS Ventures expands to Chandigarh, offering coworking spaces and business support services to startups, SMEs, and enterprises, fostering innovation and collaboration.
The Bihar government plans to develop 15 airports, including a greenfield international airport near Patna, to enhance regional air connectivity under the UDAN scheme.
The ED has filed a second supplementary chargesheet in the HDIL money laundering case, alleging unauthorized office unit sales at Mack Star’s Kaledonia property.
Tesla has secured showroom spaces in Mumbai’s BKC and Delhi’s Aerocity, marking its strategic entry into the Indian market with high-profile commercial leases.
The Mumbai-Ahmedabad bullet train project is progressing with major construction milestones, including station redevelopment and high-speed rail infrastructure.
Gurugram's rapid urbanization has outpaced infrastructure growth, leading to water shortages, power outages, and traffic congestion, requiring urgent civic intervention.
Experion Developers has acquired land in Noida’s Sector 151 for a ₹1,000 crore residential project, strengthening its presence in the region’s real estate market.
NPCI has secured a plot in Mumbai’s BKC for its global headquarters, including an R&D center for digital payments, fintech innovation, and global expansion.
ADB approved a $200-million loan to upgrade Kolkata’s sewerage and drainage systems, enhancing climate resilience, sanitation, and urban infrastructure.
The Dharavi Redevelopment Project, led by NMDPL and the Adani Group, aims to transform Dharavi with ₹3 lakh crore investment, focusing on housing, infrastructure, and economic integration.
The Goregaon-Mulund Link Road (GMLR) will enhance Mumbai’s east-west connectivity, boosting real estate growth in Mulund, Goregaon, Malad, and Borivali.
Hrithik Roshan renewed the lease for a 9,209 sq ft commercial space in Pune’s Kharadi, highlighting sustained demand for flexible office spaces in prime business hubs.
YEIDA has transferred 230 acres to Bayview Bhutani Film City for the first phase of Greater Noida’s Film City, aiming to create a major global film production hub.
Union Minister Nitin Gadkari announced ₹55,000 crore infrastructure projects in Assam, including roads, tunnels, and corridors to enhance connectivity and growth.
Maharashtra CM Devendra Fadnavis announced an interest waiver on premium payments for self-redevelopment projects until March 2026, easing financial strain on societies.
Krisumi Corporation partners with Cushman & Wakefield to manage Waterfall Residences in Gurugram, ensuring world-class luxury living with precision.
Shah Rukh Khan and his family will temporarily move out of Mannat for nearly two years as the property undergoes major renovation and expansion, relocating to Pali Hill.
Golden Abodes expands in Pune with a premium residential and commercial project, blending luxury, sustainability, and modern design to elevate urban living.
Godrej Properties reported over ₹1,000 crore in sales at the launch of Godrej Evergreen Square in Hinjewadi, Pune, marking its most successful launch in the city.
Godrej Properties faces a CBI FIR over alleged environmental violations in its Chandigarh project. The company denies any wrongdoing, stating it followed all legal approvals. Learn more about the case, its impact, and what lies ahead for the real estate giant.
Welspun One has fully committed its ₹2,000 crore Fund 2 across nine logistics and industrial assets in just eight months. The company is now launching a ₹1,000 crore co-investment program to expand its portfolio further.
Gramercy Info Park, a Panchshil Realty subsidiary, acquired two industrial land parcels in Navi Mumbai’s Ghansoli for ₹615 crore, signaling growing real estate investments.
UltraTech, in partnership with Prayagraj Nagar Nigam, launched Mahakumbh ka Mahasankalp to manage plastic waste at Maha Kumbh 2025, converting it into alternative fuel.
Ranchi Municipal Corporation has drafted new regulations for rooftop bars and restaurants, focusing on safety, structural integrity, and compliance with urban planning norms.
Zara has exited its standalone store in South Mumbai’s Ismail Building, making way for Purple Style Labs, which has leased the 60,000 sq ft space for ₹206 crore.
The Adani Group announced a ₹1,10,000 crore investment in Madhya Pradesh across energy, cement, mining, and smart infrastructure, creating 1,20,000 jobs by 2030.
The Noida Authority has launched an industrial plot scheme, allotting 60,000 sq. meters of land via e-auction to support MSMEs and promote economic growth in the region.
Nashik Municipal Corporation is set to launch Rs 7,500 crore infrastructure projects, including bridges, STPs, and Sadhugram, for the 2027 Kumbh Mela.
Alia Bhatt’s Eternal Sunshine Production Pvt Ltd has leased an apartment in Bandra’s Pali Hill for ₹9 lakh per month, reflecting the continued demand for luxury real estate.
Kalaburagi receives Karnataka government's approval to increase building height limits from 11.5m to 15m, boosting urban growth and addressing land scarcity. The move aims to elevate the city’s status, encourage multi-storey developments, and attract investments.
The Odisha government is expanding its Town Planning scheme to Puri-Konark, Cuttack, and Berhampur, focusing on infrastructure, land management, and organized urban growth.
The Supreme Court has stayed the NCLAT order appointing NBCC to complete 16 stalled Supertech projects, affecting 27,000 homebuyers. The court seeks alternative solutions while ensuring compliance with insolvency laws.
Sourav Ganguly's ₹2,500 crore steel plant in partnership with Captain Steel is set to be operational in 18–20 months in Garbeta, West Bengal, after securing approvals.
CorporatEdge is investing ₹100 crore to expand in Bengaluru, adding six new centers with 200,000 sq-ft of premium flexible workspaces over the next three years.
The Calcutta High Court directed KMC to investigate and halt an allegedly illegal building construction in Beniapukur, emphasizing the need for immediate action.
Mumbai’s real estate sector is focusing on redevelopment as Mhada audits 13,000 cessed buildings for potential reconstruction. Regulatory changes and financing will shape project success.
CapitaLand India Trust (CLINT) is investing ₹1,000 crore in a commercial project by Maia Group in Bengaluru through a forward purchase agreement
The Haryana government is investigating irregularities in an affordable housing draw in Sector 36, Sohna, after all 708 flats were allotted to local applicants, raising transparency concerns. A committee has been formed to review the process and ensure fairness.
Bidhannagar Municipal Corporation (BMC) has engaged women from self-help groups (SHGs) for door-to-door property tax collection in Salt Lake and Rajarhat-Gopalpur. This initiative aims to increase tax compliance, simplify payments, and boost revenue to ₹44 crore using a mobile app.
Globeop Financial Services leased 62,976 sq ft at Nirlon Knowledge Park, Mumbai, for five years, paying ₹1.05 crore monthly, reflecting strong office space demand.
The RBI has found a ₹122 crore fraud at New India Cooperative Bank, leading to arrests, withdrawal restrictions, and an ongoing investigation by Mumbai Police.
Casagrand Millenia Pvt. Ltd. acquired 1.18 hectares in Wagholi, Pune, for ₹126.04 crore, reflecting strong real estate demand driven by infrastructure growth.
Brigade Group plans a ₹1,500 crore investment in Kerala, developing a new WTC, residential projects, and a luxury island resort, creating 12,000 jobs by 2030.
The Uttar Pradesh government has doubled its PMAY (Rural) budget to ₹4,882 crore for 2025-26, aiming to accelerate rural housing alongside employment and infrastructure development.
RERA applies to commercial projects intended for sale, ensuring buyer protection, but excludes leased properties. Investors must verify registration and legal clearances.
Colliers India facilitated a 105-acre Joint Development deal in North Hinjewadi, Pune, between Hiranandani Group and Krisala Group for a mixed-use township project.
Arkade Developers is set to redevelop Nutan Ayojan society in Malad West, Mumbai, with a GDV of ₹740 crore, delivering 408 homes in a 32-story residential tower.
India’s flexible workspace sector reached a record 12.4 million sq. ft. in leasing volume in 2024, marking a 57.7% YoY growth. Bengaluru led with 3.4 msf, followed by Mumbai, Delhi NCR, Hyderabad, and Pune. With rising demand for managed office solutions, flexible workspaces now account for 14% of total office leasing.
Hanto Workspaces plans to expand by 4 lakh sq. ft. in Bengaluru by FY26 and enter Pune, Mumbai, Chennai, and Hyderabad, targeting an IPO by 2028.
Discover BPTP Amstoria Verti-Greens, a luxury high-rise residential project in Gurugram's Sector 102 on Dwarka Expressway. With a GDV of Rs 6,500 crore, this eco-friendly development offers premium 2 & 3 BHK residences, 15 Sky Gardens, world-class amenities, and seamless connectivity to Delhi-NCR.
The recent 4.0 magnitude earthquake in Delhi NCR has heightened concerns over building safety, pushing developers to adopt earthquake-resistant construction techniques.
As Amaravati’s construction resumes under the Chandrababu Naidu government, real estate in the Vijayawada-Guntur region is rebounding, with rising land values and renewed investor interest.
Signature Global (India) Ltd. awards ₹567.37 crore contracts for Daxin Vistas in Sohna, ensuring world-class construction and modern infrastructure.
UC Punawale Skyscrapers LLP acquired 2.38 hectares in Punawale for ₹129 crore, reflecting growing real estate demand in Pimpri-Chinchwad due to affordability and connectivity.
Shah Rukh Khan has leased two duplex apartments in Mumbai’s Pali Hill for ₹8.67 crore over three years, while also planning Mannat’s expansion and a Carter Road redevelopment.
Adani Cement pursues acquisitions in South and North-East India, eyeing Jaypee Cement and mid-sized firms to boost capacity to 140 mtpa by 2028.
The Gurugram district administration has set compensation rates for Chintels Paradiso residents at ₹7,900 psf for Towers A and B, and ₹7,500 psf for Tower C. The decision follows structural assessments declaring the towers unfit for habitation.
Westcon Space Pvt Ltd, a subsidiary of Solitaire Group, has acquired 10 acres in Wagholi, Pune, for ₹129 crore, marking a key land transaction in the city’s growing real estate sector.
India is set to build its first offshore airport near Mumbai, boosting aviation and regional growth. It will ease congestion at existing airports and support infrastructure development.
The Goa Rehabilitation and Housing Boards are collaborating through a public-private partnership (PPP) model to transform unused land into lucrative real estate projects.
The inauguration of the Kodenchery-Kakkadampoyil Hill Highway’s first phase has sparked controversy due to the exclusion of a 7.217-km stretch from the original project plan.
The Greater Ludhiana Development Authority (GLADA) has intensified its crackdown on unauthorised colonies by demolishing three illegal developments in Ladian Kalan and Hussainpura.
Mumbai Police’s Economic Offences Wing (EOW) has arrested builder Dharmesh Jayantilal Paun and bank official Hitesh Mehta in a ₹122 crore fraud case. Investigations reveal misappropriated funds, cash withdrawals, and potential accomplices. Probe ongoing.
Zaheer Khan, Sagarika Ghatge, and Shivjeet Ghatge purchase a luxury apartment in Lower Parel for Rs. 11 crore, located in the Indiabulls Sky project.
Enzyme Office Spaces has leased 14,000 sq. ft. in Mumbai to SUGAR Cosmetics, providing 300 desks in a managed workspace, reflecting the demand for flexible offices.
Merlin Group has partnered with Fashion TV (FTV) to launch an ₹800 crore luxury residential project in Kolkata, featuring high-end living spaces and global design elements.
Godrej Properties has acquired 12 land parcels valued at ₹23,450 crore, aiming to expand further amid strong demand. The company expects to reach ₹30,000 crore in business development by fiscal year-end.
Nexus Select Trust has acquired Vega City Mall in Bengaluru for ₹913 crore, expanding its retail portfolio to six malls in Karnataka. The trust aims to double its mall portfolio in five years.
Mahindra Lifespace Developers plans to raise ₹1,500 crore through a rights issue to reduce debt and support expansion. The move follows a Q3 loss of ₹22.47 crore.
Della Group plans an IPO by 2025-26 to fund its expansion, including 1,000 luxury villas across India, while exploring international markets like UAE and the Maldives.
Tamil Nadu is advancing urban expansion with new town development plans and infrastructure upgrades, enhancing Chennai’s real estate potential and economic growth.
The Dharavi Redevelopment Project (DRP) aims to rehabilitate 150,000 tenements, transforming Mumbai’s largest slum into a modern urban hub. Led by Adani Group’s NMDPL, the project ensures better housing, infrastructure, and economic opportunities while preserving livelihoods.
Karnataka announces a ₹1 lakh crore infrastructure investment to tackle Bengaluru's traffic crisis. Key projects include a 40-km twin tunnel, double-decker corridor, elevated roads, buffer roads, and a business corridor. Will these mega projects ease congestion or face execution challenges?
MHADA will conduct a structural audit of 1,000 cessed buildings in Mumbai by March 2025, assessing safety for repairs or redevelopment. A digital system for lease deeds and conveyance has also been introduced to streamline housing management.
The Punjab & Haryana High Court has ordered Haryana authorities to act against 4,000+ unauthorized constructions in Gurugram’s DLF Cyber City within two months.
India's QIP fundraising hit a record ₹1.41 lakh crore in 2024, with real estate leading the surge. Institutional investors showed strong confidence, raising ₹22,320 crore for developers and REITs. Learn why QIPs are gaining traction and the outlook for 2025.
Landmark Developers and Sobha Ltd acquired a 2.11-acre land parcel in Parel, Mumbai, for Rs 423.38 crore, aiming for premium residential and commercial redevelopment.
Google India and Google Cloud India have renewed their office leases in Mumbai’s Bandra-Kurla Complex (BKC) for ₹304 crore over five years, covering 1.49 lakh sq. ft.
The West Bengal government has formed an eight-member panel to tackle unauthorized constructions beyond Kolkata, ensuring compliance with building regulations in Bidhannagar, New Town, and other municipal areas. This move aims to improve urban planning and real estate governance.
The Supreme Court has asked the Maharashtra government to clarify the environmental classification of Sahara’s 106-acre Versova land, which could impact its sale. Sebi seeks ₹10,000 crore recovery, while legal and commercial uncertainties delay bidding decisions.
Pune's real estate market is embracing mixed-use developments, combining residential, retail, and commercial spaces for a convenient lifestyle. Popular in areas like Hinjewadi, Kharadi, and Baner, these projects attract homebuyers and investors, boosting real estate growth in Pune.
Tribeca Developers is launching an 8 lakh sq ft mixed-use project in Pune’s Lullanagar, featuring residential and retail spaces with a revenue potential of ₹1,000 crore.
Protean eGov Technologies has leased 68,021 sq ft at One International Center, Mumbai, to accommodate over 600 employees, supporting its digital governance expansion.
Gauhar Khan has purchased three apartments worth ₹10.13 crore in Versova, Mumbai. The transactions, including one sole purchase and two joint purchases, were registered in February 2025.
NBCC sold 1,233 units at Aspire Golf Homes via e-auction, generating ₹3,217 crore to complete stalled Amrapali projects, benefiting long-delayed homebuyers.
Hyderabad’s office space is set to exceed 200 million sq ft by 2030, driven by demand from technology firms and Global Capability Centers (GCCs). With rapid expansion, green-certified spaces, and a strong talent pool, the city continues to attract global corporations.
Housing sales in India’s top 15 tier-II cities surged by 20% in 2024, reaching over Rs 1.52 lakh crore. Discover key trends, top-performing cities, and the factors driving this growth in the real estate market.
The HMRTC plans to extend the Metro from Gurugram to Jhajjar, enhancing connectivity and boosting real estate growth along the corridor.
Gurugram's real estate market is witnessing a significant surge in 2024, with luxury housing dominating new property launches. Major developers like DLF and M3M are driving premium residential projects as demand for high-end apartments continues to grow.
The Gurugram administration has ordered the evacuation of Towers A, B, and C of Chintels Paradiso after a structural audit deemed them unsafe. This follows previous demolitions of six towers due to similar safety concerns.
NCLT ruling, Logix Infrastructure, insolvency fraud, Experts Realty Professionals, SFIO investigation, homebuyer relief, corporate insolvency, real estate disputes, Logix Blossom Country, insolvency proceedings reversal, IBC misuse, real estate legal cases.
Bakeri Group and Lumos Alternate launch Sakar Realty Fund - I, a ₹500 crore platform enabling HNIs and institutions to invest in mid-market residential projects.
India’s real estate market is set to double by 2047, reaching $5.8 trillion, up from its current contribution of 7.3% to GDP. Discover key growth drivers, investment trends, and future opportunities in the sector.
Prestige Estates is investing Rs 30,000 crore to launch new housing projects in Bengaluru, Delhi-NCR, Chennai, and Mumbai. Despite past regulatory challenges, the company remains optimistic about meeting its sales targets for FY 2024-25.
BBMP is launching 1,000 e-khata kiosks in Bengaluru to streamline property documentation, engage volunteers, and accelerate digital adoption.
JSW Group is investing ₹1 trillion to build a 25-MT steel plant in Gadchiroli, Maharashtra, boosting employment, infrastructure, and India's steel production capacity.
The Karnataka government is set to propose two potential sites for Bengaluru’s second airport by February 17, aiming to meet the city's growing aviation needs.
Anamudi Real Estates LLP, a Godrej family firm, has acquired a 560 sq. m. land parcel in Mumbai’s Juhu for ₹80.83 crore, reinforcing investor confidence in the area.
The Indian government’s FY26 Budget introduces tax incentives to attract offshore funds, ETFs, and NRIs to GIFT City, reinforcing its role as a global financial hub.
Kochi's commercial real estate market is booming, with office space absorption reaching 17 million sq. ft. by 2024, driven by IT, research, and consulting firms. The city's residential sector is also expanding, fueled by employment growth and infrastructure development.
The Rajasthan Housing Board (RHB) successfully auctioned premium residential and commercial properties, generating ₹155.62 crore. With 44 properties sold across Jaipur, Bharatpur, Bhiwadi, and Hanumangarh, RHB plans more auctions in February 2024, offering investment opportunities in prime locations.
Akshay Kumar and Twinkle Khanna sold their Oberoi 360 West apartment in Mumbai for ₹80 crore. The transaction reflects the demand for luxury real estate in Worli.
Raymond Ltd, through its subsidiary Ten X Realty West Ltd, has signed a Joint Development Agreement with a landowner for a ₹1,800 crore housing project in Mahim, Mumbai.
WNS Global Services sold its 170,000 sq ft Pune office for ₹177 crore in a sale and leaseback deal. The company will lease the space for five years at ₹16 crore annually.
UrbanVault appoints Dushyant Singh and Shivanshu Pareek to drive expansion in West and North India, capitalizing on the surge in demand for flexible workspaces.
Ambuja Neotia Group plans to invest Rs 15,000 crore in West Bengal over the next five years, focusing on healthcare, hospitality, real estate, and a golf-themed township.
Prestige Group is expanding its retail presence with mall projects across major Indian cities, including Mumbai, Delhi-NCR, and Bengaluru. The company plans to develop over 8 million sq ft of retail space by 2029.
Uday Kotak and family make record-breaking luxury apartment purchase in Mumbai, setting a new price record in India’s residential real estate market.
NGT suspends real estate project in Bhubaneswar for non-compliance with environmental clearance conditions, stressing the importance of sustainability in construction.
Mumbai's real estate market remains strong with ongoing infrastructure projects and a surge in luxury apartment sales, reflecting high demand for premium spaces.
The Uttar Pradesh government has introduced additional fees for real estate developers under new urban planning regulations. These fees include development permit and building permit fees, aimed at supporting public infrastructure projects and urban development.
Maharashtra’s Deputy Chief Minister, Eknath Shinde, unveiled an ambitious plan to construct 8 lakh affordable homes over the next five years, addressing the state’s housing needs.
The first phase of the BDD chawls redevelopment in Worli is set to be completed by March, marking a milestone in transforming these outdated spaces into modern, sustainable communities with better living conditions and essential amenities.
Macrotech Developers plans to expand into the Delhi-NCR housing market, leveraging its successful strategy of pilot projects and land acquisitions. The company aims for significant growth in the region.
The Supreme Court of India has ruled that real estate developers cannot deduct more than 10% of the base sale price if a homebuyer cancels their booking. This decision protects homebuyers from unfair trade practices and ensures reasonable refund policies.
Bengaluru office rents are expected to rise by 5-7% in 2025, driven by increasing demand from the IT sector and AI research labs. Learn about the rising demand for flexible office spaces and The Executive Centre's expansion plans.
Simpliwork Offices has secured a ₹100 crore lease for 1.5 lakh sq. ft. at Embassy Manyata Business Park, Bengaluru, expanding its flexible workspace offerings and reinforcing its market presence.
The Noida Authority is set to demolish illegal shops in Gardenia Gateway, Sector 75, following an Allahabad High Court ruling. The court upheld the demolition order, citing violations of building laws. Residents demand swift action against unauthorized constructions.
Sonakshi Sinha sold her luxury Bandra West apartment for Rs. 22.50 crore, marking a 61% value appreciation since 2020, reflecting the area’s real estate boom.
Sonakshi Sinha sold her luxury Bandra West apartment for Rs. 22.50 crore, marking a 61% value appreciation since 2020, reflecting the area’s real estate boom.
The Punjab government is considering a third extension for 19 unfinished mega housing projects due to challenges in land acquisition and market demand. The decision will be made in the February 10 Cabinet meeting.
CMRL has approved ₹154 crore for acquiring land for the Coimbatore Metro Rail Project along a 1.1-km stretch. The coordinated land acquisition process aims to enhance urban mobility and reduce congestion.
The Maha Kumbh Mela 2025 in Prayagraj is the largest and most technologically advanced edition yet, featuring extensive infrastructure developments like Mahakumbh Nagar, upgraded water systems, advanced security, and cultural promotion, ensuring a seamless experience for millions of pilgrims.
Union Budget 2025 focuses on enhancing India’s tourism sector through infrastructure development, financial support, improved connectivity, and digital innovations, boosting growth and employment.
The Film City project in Greater Noida has received approval from YEIDA for its layout plan, allowing construction to begin.
Prayagraj is undergoing a massive transformation for the Maha Kumbh Mela 2025 with infrastructure upgrades, cultural landmarks, and spiritual enhancements. Key developments include the Illumination Towers, Shaheed Wall, revamped roads, and the Uttar Pradesh Pavilion, blending tradition and modernity for an unforgettable experience.
Union Budget 2025-26 introduces ₹15,000 crore allocation to SWAMIH Fund 2, focusing on accelerating the completion of stalled affordable and mid-income housing projects across India.
Texmaco Infrastructure, in collaboration with Hines, HDFC Capital, and Conscient, is set to redevelop the former Birla Cotton Mills site in Kamla Nagar, Delhi, into a mixed-use project with residential and premium retail spaces.
HYDRAA recently took action in the Muthangi area of Patancheru, demolishing an illegally constructed shed on a park in Gayatri Colony that had been encroached upon in 2022
Mahindra Lifespaces has secured a ₹950 crore deal to redevelop three old housing societies in Lokhandwala, Mumbai. The project, under Maharashtra's cluster redevelopment policy, will offer modern, spacious homes with enhanced amenities and improved connectivity, making it a prime investment opportunity.
Union Budget 2025 introduces key tax reforms, including an increase in the TDS exemption limit for rent payments and tax relief for self-occupied properties.
Mumbai's property market recorded a 13-year high in January 2025, with 12,249 property registrations, marking a 12% year-on-year increase. The surge is driven by strong housing demand and upcoming infrastructure developments like the Navi Mumbai International Airport.
Mumbai police have filed an FIR against businessman Purshottam Chavan, the husband of an IPS officer, for allegedly scamming multiple buyers out of ₹25 crore by promising government quota flats at discounted rates. Read how the fraud unfolded and the ongoing investigation.
The Jharkhand government's tourism department is set to enhance the visitor experience at Hundru Falls and Dassam Falls in Ranchi district by introducing a glass deck and a glass bridge, respectively.
The trademark dispute between Abhishek Lodha of Macrotech Developers and Abhinandan Lodha of the House of Abhinandan Lodha is moving toward mediation after the Bombay High Court appointed former Supreme Court Justice R V Raveendran as the mediator. The
The Economic Survey 2024-25 highlights India's real estate sector's growth, driven by infrastructure improvements, RERA and GST reforms, and the rise of REITs.
Ajmera Realty & Infra India Ltd (ARIIL) has acquired a 1,341.1 square meter land parcel in Ghatkopar East, Mumbai, for ₹51 crore, with plans to develop a residential project valued at ₹175 crore.
LDA issues a 15-day deadline to dismantle unauthorized building parts, aiming to curb illegal construction in Lucknow and ensure compliance with urban planning regulations.
RERA Bihar issues arrest warrants against directors of three construction companies for failing to refund a total of Rs 21 lakh to homebuyers. The move emphasizes accountability in the real estate sector and the protection of consumer rights.
Gurugram's real estate market hits new heights with record sales, led by DLF's The Dahlias project. Ultra-luxury homes are driving demand, surpassing Lutyens Delhi and Mumbai. With significant investments and growing buyer interest, Gurugram solidifies its place as a top luxury real estate destination.
As Union Budget 2025 approaches, real estate developers hope for policy measures that address construction costs, financing support, GST simplification, affordable housing initiatives, and streamlined project approvals to stimulate growth and investment in the sector.
Panasonic Life Solutions India invested Rs. 160 crore in a prime land parcel in Andheri East, Mumbai, highlighting the area's growing commercial and residential demand.
Uttar Pradesh's housing and urban planning department has introduced standardized regulations for building permit fees, promoting uniformity across development authorities.
Rohit Sharma and his father leased their 1,298 sq ft apartment in Mumbai's Lower Parel for ₹2.6 lakh per month, continuing their investment in the city's upscale real estate market.
Hyderabad is set to build two new IT parks, backed by a Rs 100 crore investment from Dew Software, aiming to create 900 jobs and support the city’s growing IT sector.
Blackstone and Sattva Group are launching Knowledge Realty Trust, India’s largest REIT with Rs 7,000 crore in investments, offering 48 million sq. ft. of leasable space across key cities.
Ludhiana Municipal Corporation is installing Unique Identification property plates to improve tax collection, create accurate records, and enhance digital governance.
Bollywood director Subhash Ghai and his wife Mukta Ghai have sold their luxurious Andheri West apartment for ₹12.85 crore, marking a 47% profit since their 2016 purchase. This sale is part of a growing trend of high-profile Bollywood property transactions in Mumbai's booming luxury real estate market.
Innov8 has raised ₹110 crore in a funding round to expand its co-working business across India, aiming to double its footprint to 100 centres by 2025.
Reliance Industries plans a ₹3 lakh crore investment in Navi Mumbai to develop an integrated industrial township, boosting the region’s economy with industries, logistics, and data centers.
The Noida Authority is pushing for the recovery of Rs 10,000 crore in dues from Unitech, seeking to reclaim 8.5 lakh sqm of unused land. The issue remains unresolved, with a hearing scheduled for February 2025.
Nirala World acquired a 2.5-acre land parcel in Greater Noida for Rs 175 crore to develop an 8 lakh sq. ft. commercial project, expanding its Delhi-NCR portfolio.
HDFC Bank has secured a major lease for 2.72 lakh sq. ft. in Andheri, Mumbai, with an annual rent exceeding ₹77 crore, signaling the area's growing appeal for businesses.
Shah Rukh Khan's petition for a ₹9 crore refund due to an overcharge in the conversion premium of his property, 'Mannat,' has been approved by the Maharashtra government. The
Omaxe Group launches its ₹2,800 crore BeTogether brand, focusing on joint ventures, Public-Private Partnerships (PPPs), and urban transformation. Discover their plans for modernizing infrastructure and creating collaborative real estate projects across India.
Arvind SmartSpaces has entered the Mumbai Metropolitan Region (MMR) with a ₹1,500 crore joint development project in Khopoli, featuring luxury villas and a golf course.
The Gujarat International Finance Tec-City (GIFT City), governed by the International Financial Services Authority (IFSCA), is set to facilitate the first direct listings of companies on its exchanges, marking a significant step in its evolution as a global financial hub.
Discover how millennials, single women, and international buyers are reshaping the luxury real estate market in 2025. Insights from Sotheby’s 2025 Luxury Outlook report highlight trends, stability, and evolving buyer priorities.
Mumbai’s transformation is underway with major infrastructure projects set to reshape the city by 2025. From the Navi Mumbai International Airport to new metro lines and high-speed rail, these initiatives promise improved connectivity, reduced commute times, and sustainable urban development, making Mumbai a global metropolis.
Union Home Minister Amit Shah inaugurated and laid the foundation stones for 37 development projects worth ₹651 crore in Ahmedabad. These initiatives aim to boost urban infrastructure, promote sustainability, and enhance citizen welfare in the region.
The Haryana government has proposed a policy to simplify tree cutting procedures on urban land for residential, industrial, and infrastructure development.
Noida’s real estate market has seen a significant boost with the sale of ₹1,100 crore worth of land by the Noida Authority, attracting major players like Max Estates Limited and M3M India.
Learn about the Ghaziabad Development Authority's (GDA) proposal for mandatory structural safety audits of high-rise buildings every three years to enhance resident safety. Discover key details, implementation challenges, and stakeholder concerns.
The Indian real estate sector is currently facing a downturn, with key players like Macrotech Developers, DLF, and Oberoi Realty experiencing significant stock declines.
Akshay Kumar sold his Oberoi Sky City apartment in Borivali East for ₹4.25 crore, reflecting a 78% appreciation over seven years, highlighting the area’s growth. Borivali East’s connectivity, green spaces, and premium developments like Oberoi Sky City make it a sought-after residential hub.
Capacit’e Infraprojects, in collaboration with Tata Projects, is leading the redevelopment of the BDD chawls in Worli, Mumbai, under the oversight of MHADA.
The Uttar Pradesh government is launching a major Olympic Sports Park development near Noida's Jewar airport in sectors 22F and 23B.
Nuvama Asset Management and Cushman & Wakefield's joint venture, NCW, has raised Rs 1,700 crore for the Prime Offices Fund (PRIME), focused on Grade A+ office properties across six major Indian cities.
The Uttar Pradesh cabinet has approved the issuance of municipal bonds worth Rs 150 crore for Agra, Prayagraj, and Varanasi to fund key urban infrastructure projects. These bonds aim to generate revenue and promote sustainable urban development.
Mahindra Lifespaces, through Anthurium Developers Ltd, has acquired an 8.2-acre land in North Bengaluru for a housing project with a projected GDV of ₹1,000 crore.
Bollywood legend Amitabh Bachchan sells his Andheri duplex for ₹83 crore, earning a 168% profit. The Bachchan family invested ₹106 crore in 2024 across luxury apartments in Mumbai, prime plots in Alibaug and Ayodhya, showcasing strategic real estate growth.
Emaar India has launched ‘Urban Ascent,’ a luxury residential project in Sector 112, Gurugram, offering 3 & 4 BHK residences with world-class amenities and sustainable features.
The Visakhapatnam Metropolitan Region Development Authority (VMRDA) is revising its Master Plan 2041 after public criticism regarding transparency and fairness.
Trump Towers in India are expanding with six new projects across key cities, solidifying their dominance in luxury real estate. Existing projects are sold out, highlighting strong demand.
The Telangana Government has partnered with CtrlS Datacenters to establish a cutting-edge AI Datacenter Cluster, with an investment of ₹10,000 crores.
Nuvoco Vistas Corp. achieved strong Q3 FY25 results, with a 16% YoY growth in cement sales and a focus on operational excellence and sustainability, alongside expansion plans.
The CBIC’s removal of the 18% GST on rent for small businesses under the composition scheme offers financial relief, easing cash flow challenges for traders and service providers.
Uttar Pradesh has achieved 95% completion of the 17.7 lakh houses under PMAY (Urban), contributing significantly to affordable housing and social equality, especially for women.
Macrotech Developers files lawsuit against House of Abhinandan Lodha (HoABL) over misuse of the Lodha name, alleging trademark violations and brand confusion.
Amitabh Bachchan sells Andheri duplex for ₹83 crore, a 168% profit since 2021, reflecting strong demand in Mumbai’s luxury real estate market.
Kejriwal proposes an affordable housing scheme for sanitation workers in Delhi, aiming to provide homes through subsidized rates and salary deductions for repayments.
Tidel parks in Madurai and Trichy, with a combined cost of ₹579 crore, gain SEIAA approval, promising enhanced infrastructure and thousands of new jobs for Tamil Nadu's economy.
Apple India breaks the record for the highest-ever commercial office lease in Mumbai, securing 6,526 sq ft in the Maker Maxity-5 building in BKC at ₹738 per sq ft.
Discover how JKRERA is transforming Jammu and Kashmir's real estate market with stricter monitoring, transparency, and improved infrastructure standards. Learn about buyer protections, developer compliance, and new regulations for safer investments.
The Dharavi Redevelopment Project begins its construction phase with the commencement certificate granted for a 6.4-acre land parcel in Matunga West, marking a major milestone in the urban renewal effort.
A Bengaluru man, S Vidyasagar, discovered that the flat he purchased for ₹1.2 crore was already sold to another family, exposing fraud by developers Rajarajeshware Builddcon Pvt Ltd.
The Greater Noida Authority has developed a detailed plan for the protection of Surajpur Wetland, addressing pollution, encroachment, and wastewater issues.
MahaRERA will hold monthly open house sessions in Nagpur and Pune, simplifying the project registration process for developers in Maharashtra’s growing real estate markets.
BBMP’s e-khata system simplifies property registration, allowing owners to apply online without visiting offices, promoting transparency and tax compliance in Bengaluru.
Hrithik Roshan has leased a 2,727 sq ft commercial office space in Goregaon, Mumbai, for ₹5.62 lakh per month. The property was leased to a tech company, reflecting the demand for office spaces in prime locations.
WeVOIS, a waste management startup, raises $4.2 million in Series A funding to scale up operations across India, focusing on sustainability and innovation.
Sanofi Healthcare has leased 2.7 lakh sq ft of office space in Hyderabad’s Hitech City for ₹2.05 crore monthly rent. The deal includes a 5-year lease term and a 15% rent escalation after three years.
Privilon Buildcon Group directors were arrested for defrauding 240 buyers of ₹54 crore by using falsified documents to claim ownership of land in Ghuma village for two projects, Celestial and Richmond Bay.
Tamil Nadu Governor R.N. Ravi advocates for natural and organic farming at the 'Natural Farmers Pongal' in Trichy, emphasizing sustainable agriculture, soil health, and the benefits of moving away from chemical-based farming practices.
In Karnataka, 90% of farmland conversions lack legal approvals, creating significant urban planning issues. Bengaluru faces challenges with illegal layouts and inadequate infrastructure.
Discover Telangana's new land registration system with GPS mapping, unique IDs, and barcoded passbooks to prevent fraud, ensure clear land records, and secure land ownership for a transparent and reliable property management system.
Uttar Pradesh's government is mapping vacant industrial land across the state to create a centralized land bank, fostering industrial growth and investment opportunities.
The Supreme Court granted an exemption for Unitech housing projects from RERA registration, allowing stalled loans to be disbursed and providing relief to homebuyers. The court's decision addresses delays caused by financial problems in Unitech's previous management and ensures the completion of these housing projects.
Macrotech Developers unveils a ₹8600 crore housing project across 64 acres in Bengaluru, targeting high-growth areas with innovative residential developments.
Emaar Properties is in talks with several Indian companies, including the Adani Group, for a potential business transaction involving its Indian subsidiary.
The infrastructure failures of 2024 in India highlight critical gaps in planning, execution, and disaster management, underscoring the need for stronger safety standards, disaster preparedness, and long-term resilience.
IFSCA proposes creating Special Purpose Vehicles (SPVs) for co-investment opportunities by fund management entities (FMEs), enhancing flexibility and transparency. The proposal aims to streamline processes, reduce costs, and provide more investment options for AIFs in GIFT City.
Playback singer Jubin Nautiyal has bought a 4 BHK sea-facing apartment in Mumbai’s Madh Island for ₹4.94 crore. The transaction details were confirmed via registration documents.
Discover how top celebrities like Saif Ali Khan, Kareena Kapoor, Amitabh Bachchan, and Sourav Ganguly are shaping the real estate industry with powerful endorsements. Explore iconic collaborations, premium projects, and the impact of celebrity-driven marketing in real estate.
The Gautam Budh Nagar administration is moving forward with acquiring land for a golf course project in Sector 151, despite objections from local farmers.
Sundaram Alternates raises ₹1,000 crores for its Real Estate Credit Fund IV, focusing on secured debt financing in South Indian markets with strong returns.
Adani Group is in advanced talks to acquire a 70-100% stake in Emaar India for ₹4000-₹5000 crore, marking its largest real estate acquisition to date.
Harsh Jain, CEO of Dream11, purchased a luxury ₹138 crore apartment in Lodha Malabar Palaces, South Mumbai, reflecting rising demand for ultra-luxury properties.
FPCE urges stricter regulations and higher penalties for misleading real estate advertisements, aiming to protect homebuyers and promote transparency in the sector.
JSW Cement has received SEBI approval to raise Rs 4,000 crore via an IPO, aimed at expanding operations, including a new plant in Rajasthan.
Gurugram Metro Extension, starting in May 2025, will enhance connectivity, boost real estate demand, and offer investment opportunities, transforming the city’s landscape.
The NCLAT has approved the merger of Indiabulls Real Estate and Embassy Group, overturning an 18-month delay caused by objections raised by the NCLT Chandigarh.
Brigade Group has partnered with Technopark to develop a 1.5 million sq ft World Trade Center in Thiruvananthapuram, aiming to attract IT MNCs and generate 10,000 jobs.
Godrej Properties launches its first project in Kokapet, Hyderabad, with a ₹1,300 crore booking potential. The development offers premium apartments and luxury amenities.
Thiruvananthapuram’s real estate market sees steady growth, driven by increasing NRI investments and professionals relocating due to the city’s expanding opportunities.
Andhra Pradesh introduces key real estate policy reforms, aiming to streamline approval processes and support growth in the sector. Announced by Urban Development Minister at NAREDCO Property Show.
Signature Global has acquired a 16-acre land in Gurugram for ₹300 crore to develop a premium housing project, with apartments priced between ₹3-₹4 crore.
Luxury apartment purchase in Mumbai's Bandra-Kurla Complex (BKC) by Rajendra Chodankar's family for ₹34 crore highlights India's booming high-end real estate market.
A Bengaluru homebuyer has approached the police after discovering that his apartment in Ozone Urbana Avenue was resold by the developer, Ozone Group. The incident has raised concerns over delays in the project and ongoing legal actions.
Awfis has leased 2.7 lakh sq ft of commercial space in Pune's Kharadi for ₹15.77 crore annually for five years, with a rent-free period of 18 months and a 15% escalation clause. The space is located in Nyati Enthral 2 and spans 17 levels.
Discover the highlights of Mahakumbh 2025 in Prayagraj, including self-propelled floating jetties, luxurious floating houses, and enhanced safety measures. Learn about accommodations, key features, and spiritual significance in this unique event.
Godrej Properties Ltd. strengthens its presence in Indore with a 24-acre land acquisition for premium plotted residential development. Located off Indore Bypass Road, the project offers 6.20 lakh sq. ft. saleable area with an estimated revenue potential of ₹500 crore. Explore the growing real estate opportunities in Indore.
India's real estate market saw a 54% increase in equity investments in 2024, totaling $11.4 billion. Mumbai and Delhi-NCR led investment inflows, while sectors like land, office spaces, and logistics saw significant growth. Domestic and international investors remain confident in India's real estate potential, with strong prospects for 2025.
The Supreme Court orders the sale of flats from the Amrapali projects to other buyers after many failed to take possession. It also seeks updates on unsold units.
The Karnataka government has proposed changes to the premium FAR norms in Bengaluru's Revised Master Plan (RMP) 2015 to encourage development along wider roads.
Explore diverse accommodation options for Maha Kumbh Mela 2025 in Prayagraj, from free community stays to luxury tents and dome cities. Find budget, mid-range, and VIP packages to suit your needs for this grand spiritual event. Book early to secure your stay!
Embassy REIT has leased 2.07 lakh sq ft office space to cybersecurity firm Rubrik at Embassy TechVillage, Bengaluru, marking Rubrik's operational expansion in India.
The Himachal Pradesh Cabinet, led by CM Sukhvinder Singh Sukhu, made key decisions on land transactions, environmental sustainability, and infrastructure development.
Casagrand Premier Builder Limited receives SEBI approval for a ₹1,100 crore IPO, aiming to reduce debt and fund growth. The IPO includes fresh issue and OFS.
Mumbai's real estate market saw a strong 11% growth in 2024, with rising demand for luxury homes and affordable housing. Key infrastructure projects and significant investments from high-net-worth individuals, including Bollywood celebrities, boosted sales across all price segments.
Bengaluru's BBMP introduces revised A-Khata and B-Khata property registration rules, aiming to improve compliance, prevent unauthorized constructions, and streamline registration.
UP-RERA imposes a Rs 14.41 crore penalty on Ansal Properties for executing 329 illegal sale deeds in unregistered areas of Sushant Golf City, Lucknow. Learn about the violations, actions, and implications for the real estate sector.
Prayagraj gears up for Maha Kumbh 2025 with ₹7,260.45 crore investments in permanent infrastructure, integrating modern development with cultural heritage.
iSprout expands its presence with a 50,000 sq. ft. coworking space in Gurugram, aiming to meet growing demand for flexible office solutions. The company plans further growth across India.
hBits, a platform enabling fractional ownership of commercial real estate, has raised ₹40 crore in its Series A funding round. The funds will be used to enhance AI-driven technology, expand its geographic presence, and provide curated investment opportunities.
ICICI Bank secures 1.29 lakh sq ft office space in Arihant Aura, Navi Mumbai, at ₹9 Cr annual rent. Discover why Turbhe is emerging as a prime commercial hub.
Experience the Maha Kumbh Mela 2025 in a groundbreaking way with Dome City, Prayagraj’s first luxury accommodation blending spirituality and modernity. Discover high-tech domes, Sattvik cuisine, and unparalleled comfort for an unforgettable pilgrimage.
Sumadhura Group has set a record in Hyderabad by completing the fastest concrete pour of 6,000 cubic meters in just 50 hours for its Palais Royale project.
Brigade Group is investing ₹4500 crore in a 10-acre mixed-use development in Hyderabad, featuring luxury residences, a World Trade Center, and Orion Mall.
Bollywood actor Varun Dhawan and his wife Natasha Dhawan have purchased a luxury apartment for ₹44.52 crore in Mumbai’s Juhu. The 5,112 sq ft apartment is in an under-construction project called Twenty, with a completion date of May 2025.
Arkade Developers Ltd has secured three major redevelopment projects in Mumbai’s Western Suburbs, covering 20,232 square meters. These projects strengthen its footprint in Mumbai’s real estate market.
Puravankara appoints Deepak Rastogi as Group CFO, strengthening leadership for growth in real estate. Neeraj Gautam promoted to Deputy CFO to support the transition.
Filmmaker Boney Kapoor is developing a 230-acre Film City near Noida Airport, with luxury villas, production studios, and a training institute. The first phase is set to begin by January 2025.
Amit Banerji, co-founder and CEO of Table Space, passed away at 44 due to a heart attack. His visionary leadership transformed the managed workspace sector in India. The startup and real estate communities mourn the loss of an inspiring entrepreneur.
Macrotech Developers (Lodha Group) reported ₹4,500 crore in pre-sales for Q3FY25, marking a 32% YoY growth. The company continues to expand its presence, particularly in Bengaluru.
ASK Property Fund and India Sotheby’s International Realty have partnered to launch India’s first luxury real estate investment platform, targeting ₹1,000 crore. The fund focuses on luxury residential projects in Tier 1 cities and premium holiday destinations, offering investors access to high-end real estate.
India's metro rail network now spans over 1,000 km, making it the third-largest globally. With ongoing expansions, it is set to transform urban mobility.
An SIT probe reveals a land scam involving 102 forged maps, converting ecologically sensitive zones into developable properties along Mumbai’s coastline.
HYDRAA Commissioner AV Ranganath inspects an illegally constructed building in Madhapur, ordering action for ongoing violations of GHMC and High Court orders.
Waaree Energies Limited (WEL), one of the largest solar photovoltaic (PV) module manufacturers in India, has shown interest in acquiring 500 acres of land in Nagpur to establish a solar cell and panel manufacturing unit
Haryana plans to establish a Centre for Urban Excellence (CUE) to regulate urban development and promote sustainable growth. The initiative aims to enhance urban livability.
Chandigarh has removed the NOC requirement for property registration in freehold co-operative housing societies, simplifying property transactions for residents.
Maharashtra is set to launch a voluntary Aadhaar-land record linking initiative to enhance land governance and simplify access to farmer benefits. This digital move will reduce errors, prevent fraud, and improve transparency in land transactions, aligning with the Central Government’s Agristack scheme.
The Rural Development Department of Uttar Pradesh has achieved 13% of its PMAY-G target in just five months, marking significant progress in rural housing development.
Brigade Group has acquired a 20-acre land parcel in Bengaluru for a ₹2,700 crore residential project, set to offer 2.5 million sq ft of saleable area.
Promoters of Metro Brands invested ₹405 crore in five luxury apartments in Worli’s Palais Royal, underscoring the demand for high-end real estate in Mumbai.
Smartworks has leased 4.7 lakh sq ft of office space in DLF Cyber City, Gurugram, for ₹94 crore annually, marking its continued expansion in flexible workspace solutions.
Andhra Pradesh government simplifies the construction approval process, allowing buildings up to five floors to begin without prior approval, boosting real estate activity.
The IPO of Capital Infra Trust InvIT will open on January 7, 2025, with units priced between Rs 99 and Rs 100. The company plans to raise up to Rs 1,578 crore.
BMC tackles Mumbai's air pollution with stop-work notices to 78 construction sites and halts road repair permissions. Focus on dust control, stricter guidelines, and monitoring aims to improve air quality and safeguard public health.
Amarendra Sahu, co-founder of NestAway, files an FIR accusing investors and co-founders of fraud, forgery, and conspiracy over the company's sale to Aurum. Legal proceedings are ongoing.
The Rural Development Ministry aims to sanction 10 lakh houses under PMAY-G in January 2025, accelerating efforts toward poverty-free villages and improved rural housing.
Google has leased 550,000 sq ft of office space in Gurugram through Table Space Technologies, marking a significant expansion in its India operations.
Tata Consulting Engineers acquires CDI Engineering Solutions, strengthening its global presence and expanding into North America to deliver sustainable, innovative projects.
GVMC's Online Building Plan Approval System generated ₹110 crore in 2024-25, boosting revenue while enhancing city infrastructure and urban management.
The Indian cement industry is undergoing significant changes with UltraTech Cement's acquisition of India Cements and increasing competition from Adani Cement. This consolidation is reshaping the market, with both companies expanding rapidly, leading to more choices for consumers but potential price fluctuations.
The Naya Raipur Atal Nagar Development Authority (NRANDA) has allocated 141 acres of land in Chhattisgarh to establish a pharmaceutical park, boosting the healthcare sector.
Kartik Aaryan expands his real estate portfolio with new luxurious properties in Mumbai. This move comes amid rumors of a Rs 50 crore fee for his upcoming film.
Shriram Properties has divested a 3.9-acre land parcel in Chennai for ₹93 crore. The sale supports its strategic focus on residential development and expansion.
Foxconn has completed a $230 million dormitory project in Tamil Nadu, offering housing for 18,000 workers, primarily women, to improve convenience and quality of life.
The Greater Hyderabad Municipal Corporation (GHMC) is set to begin a ₹1,090 crore project to alleviate traffic congestion around Kasu Brahmananda Reddy (KBR) Park.
Bandra’s Nargis Dutt Nagar slum is set for a major redevelopment project, expected to generate ₹10,000 crore in revenue. The project will transform the area with luxury apartments.
WeWork India leases 1.26 lakh sq ft in Powai, Mumbai, marking steady growth in flexible office spaces and highlighting demand in India's commercial real estate.
In February 2025, the Securities and Exchange Board of India (SEBI) will auction 23 properties belonging to nine companies, including Tower Infotech, Vibgyor Group, GBC Industrial Corporation, Waris Group, and others, as part of an effort to recover funds that were fraudulently collected from investors.
Odisha RERA halts a builder's project in Phulnakhara due to unauthorized changes and delays, ensuring buyer protection and regulatory compliance.
The Greater Noida Authority has filed FIRs against 18 developers involved in illegal housing projects in Tusyana village, leading to government revenue loss. The developers were found constructing on agricultural land without approvals.
Max Estates secured Rs 845 crore in pre-sales bookings for Phase II of Estate 128 in one week, reflecting high demand for quality real estate in Delhi NCR.
India’s rapid urbanization is driving the demand for sustainable real estate, with a focus on energy efficiency, water conservation, and eco-friendly construction practices. Green buildings, renewable energy adoption, and innovative waste management are transforming the sector, offering long-term financial and environmental benefits. As India moves towards a greener future, sustainable real estate is key to creating healthier, more resilient cities that meet both environmental and social needs.
Sri Lotus Developers, backed by Bollywood stars, has filed a DRHP to raise Rs. 792 crore through an IPO. The funds will support ongoing and future real estate projects.
Ramky Infrastructure Limited secures a Rs. 215 crore contract from HMWSSB to provide O&M services for 20 Sewage Treatment Plants in Hyderabad. The contract aims to enhance urban sewage management with advanced technologies.
The KSC New Town project in Raigad district, starting in 2025, aims to enhance connectivity, drive economic growth, and create a tech hub by housing 65% of India's data centers. The
The National Buildings Construction Corporation (NBCC) has secured projects worth Rs 368.75 crore across diverse sectors.
Va Tech Wabag has secured a ₹700 crore contract to design, build, and operate advanced wastewater treatment plants in Zambia, integrating renewable energy for sustainable water management.
"Discover CMDA's plans to transform Chennai Outer Ring Road (CORR) into a thriving economic zone with e-auctioned plots, sustainable infrastructure, and strategic urban development."
Facebook has renewed its lease for 3.7 lakh sq ft in Hyderabad’s Hitech City for ₹2.8 crore monthly rent, reflecting the growing demand for office spaces in the city’s IT hub.
Prime Minister Modi will launch the distribution of 58 lakh property cards under the SVAMITVA Scheme, benefiting rural property owners across 12 states and union territories. This initiative aims to resolve land ownership challenges and streamline rural property transactions.
Shalimar Paints unveils 'Smart Bharat 2-in-1 Paint' and 'Mela Series' at a meet in Thailand, focusing on innovation, affordability, and new product categories.
Sussanne Khan rents a ready-to-move-in apartment in Mumbai’s Jogeshwari West for ₹2.37 lakh/month, emphasizing premium suburban living.
UPPCB halts construction of four Noida projects for violating environmental clearances, impacting over 4,000 homebuyers amid scrutiny.
UltraTech Cement's acquisition of a 55.49% stake in India Cements Ltd (ICL) ends the Srinivasan family's control, marking a major consolidation move in India's cement industry amid rising competition with the Adani Group.
The MCD has mandated the registration of construction workers on Delhi’s welfare portal to ensure access to financial aid amid GRAP-IV restrictions, which have halted construction activities and impacted workers' livelihoods.
UPPCB halts construction of four Noida projects for violating environmental clearances, impacting over 4,000 homebuyers amid scrutiny.
Oyo has acquired G6 Hospitality for $525 million, adding 1,500 hotels under the Motel 6 and Studio 6 brands, increasing its global reach.
Oberoi Realty plans to develop an 81-acre plot in Alibag, Maharashtra, featuring a luxury hotel and branded residential villas. The project targets high-end buyers and is set to transform the region’s real estate landscape.
Housr enters the short-stay market with luxury managed stays, catering to corporate travelers, expanding its portfolio.
Real estate developers urge the government to reconsider GST on Floor Space Index (FSI) charges, fearing it will raise housing costs.
Andhra Pradesh allocates 2,000 additional acres to Sri City for industrial expansion, boosting growth, investments, and job creation.
HDMC has initiated an inspection of Aryabhata Tech Park to evaluate land utilization by IT-BT companies, ensuring compliance with agreements. The investigation aims to address underutilization concerns and promote effective development.
Explore how India's residential real estate sector achieved record pre-sales of ₹5.1 lakh crore in 2024, driven by luxury housing growth, while challenges in affordable housing persist. Insights on market trends, key developers, and innovations shaping 2025
India and France have partnered to create the world’s largest museum, the Yuga Yugeen Bharat National Museum, on Raisina Hill near Rashtrapati Bhavan.
The Noida International Airport in Jewar, Asia’s largest airport, will be inaugurated by PM Modi in April 2025, marking a major milestone for India's aviation sector.
Jaypee homebuyers approach NCLT after Suraksha Group fails to resume construction despite an approved resolution plan, citing delays and unmet promises.
Telangana RERA fines Paradise Peak Rs 11.5 lakh for failing to register its 12-acre project, violating real estate laws. The penalty follows a buyer's complaint over unauthorized plot sales.
Primus Senior Living announces the sell-out success of its Primus Darpan project in Bengaluru, marking a milestone in India's senior living sector.
Explore the booming ultra-luxury real estate market in India in 2024, with record-breaking deals in Delhi-NCR and Mumbai. Discover why high-net-worth individuals are investing in homes worth ₹100 crore or more, and how rising demand, luxurious amenities, and exclusivity are shaping this growing trend.
Sattva Group has acquired an 8.5-acre land parcel in Bengaluru's Export Promotion Industrial Park (EPIP) for Rs 300 crore. The site, previously home to Novo Nordisk India, offers significant development potential.
Relive the grandeur of Omaxe Ltd's Annual Day 2024, themed 'Ek Naya Yug - Pragati Ke Pankh.' From leadership insights to Bollywood-themed awards and star-studded performances, discover how Omaxe celebrates innovation, collaboration, and progress in India's real estate sector.
Manish Paul leases his 1,200 sq. ft. Andheri West office for Rs. 2 lakhs/month, reflecting Mumbai's rising commercial space demand and celebrity investments.
Innov8 expands its presence in Mumbai with two state-of-the-art flex space centers in Navi Mumbai and Andheri, offering a total of 3000 seats. The company continues its rapid growth with plans to raise ₹100 crore for expansion.
Sholinganallur, a rapidly growing area in South Chennai, is witnessing a surge in real estate with over 5,000 new high-end residential units coming up. Despite the growth, residents are calling for better infrastructure, including roads, sewage, and water supply. With a mix of affordable, mid-range, and premium housing options, the area remains an attractive investment spot, although challenges like inadequate utilities and overhead power lines persist.
Madhu Mantena, a renowned Indian film producer known for hits like Ghajini and Queen, has made a significant foray into Mumbai’s luxury real estate market by acquiring three high-end apartments in Juhu for a total of Rs. 25.75 crore under his company, Big Bang Mediaverse Private Limited.
Ayodhya has surpassed Agra in tourism, driven by the Shri Ram Temple, while Uttar Pradesh continues to enhance its diverse tourist offerings.
Standard Chartered is selling its 5.78-acre Haddows Road property in Chennai for ₹1,000 crore, likely for luxury residential development. This marks a major shift in Chennai's real estate market, with increasing demand for prime residential land in central locations.
Brigade Citrine is India's first net-zero carbon residential project, located in Whitefield, Bengaluru. This sustainable development focuses on minimizing environmental impact while meeting the growing demand for housing.
Birla Estates has acquired 70.92 acres of land in Boisar, Mumbai Metropolitan Region, for ₹104.3 crore, marking its third major land purchase this year. The strategic acquisition, coupled with upcoming infrastructure developments like the bullet train and Vadhavan Port, positions Boisar as a key area for real estate growth.
The Tamil Nadu government has sanctioned an additional Rs 400 crore for the Kalaignar Kanavu Illam Scheme (KKI), increasing the total funding to Rs 1,451 crore to complete the construction of one lakh concrete houses in rural areas by the end of the financial year.
Interarch Building Products and Jindal Steel & Power Ltd have formed a strategic partnership to promote steel in multi-story buildings, data centers, and heavy structures, aiming to enhance India's urban infrastructure with sustainable and efficient construction practices.
India's luxury real estate market is booming, with high-profile transactions like Anurang Jain’s ₹130 crore bungalow purchase, reflecting a growing trend of top business leaders investing in premium properties. Jain, managing director of Endurance Technologies, follows in the footsteps of other executives like Rishi Parti and Sunil Vachani, highlighting the increasing demand for exclusive real estate in cities like Delhi and Gurugram.
The Chief Minister of West Bengal, Mamata Banerjee, launched the Banglar Bari Housing Scheme using state funds to support 28 lakh eligible families, addressing the housing crisis despite delays in central funding.
Union Minister Nitin Gadkari highlights the need for cost-effective, indigenous technology in India’s infrastructure projects, emphasizing employment generation and strategic advancements. Key projects include Zojila, Sela, and Atal tunnels, with ₹1 lakh crore investment in 74 new tunnels.
PM Modi’s recent development projects in Rajasthan, totaling ₹46,300 crore, aim to enhance infrastructure, connectivity, and economic growth, benefiting both rural and urban areas.
India's real estate sector achieved a record $8.9 billion in institutional investments in 2024, driven by robust residential growth and rising interest in emerging asset classes like data centers and healthcare. Domestic and foreign investor confidence soared, highlighting the sector's maturity and resilience.
Sahiti Infratec Ventures India Pvt Ltd (SIVIPL) and its promoters have been accused of cheating homebuyers and misusing Rs 842 crore, with funds diverted for personal expenses and unrelated activities. The Enforcement Directorate (ED) has launched an investigation, attaching properties linked to the misappropriated funds.
Urvashi Rautela has rented a 3BHK apartment in Mumbai’s Vile Parle (West) for ₹6 lakh per month under a short-term, three-month lease, highlighting the growing trend of high-profile short-term rentals in the city.
The Indian government is simplifying the loan process for households under the PM Suryaghar Muft Bijli Yojana to encourage solar power adoption. By reducing bureaucratic hurdles and speeding up loan disbursement, the initiative aims to boost the country's renewable energy capacity.
The Hyderabad Metropolitan Water Supply & Sewerage Board (HMWS&SB) will penalize property owners who fail to install or maintain rainwater harvesting systems by charging double for water tanker services starting January 2025.
Welspun One collaborates with WTCA to launch WTC Thane, India’s tallest integrated Urban Distribution Center, redefining urban logistics with modern infrastructure.
UltraTech Cement Ltd., a subsidiary of Aditya Birla Group, launched 150 UltraTech Building Solutions (UBS) stores across 135 cities in one day, benefiting over 30 lakh Individual Home Builders across 10 lakh residential sites.
its presence in Eastern India. This expansion aims to support local infrastructure and contribute to the region’s economic growth, with an investment of over ₹500 crore and a capacity of 3 MTPA.
Ventive Hospitality, backed by Panchshil Realty and Blackstone, is launching a ₹1,600-crore IPO on December 20, 2024, to reduce debt and strengthen financial stability. The company operates 11 luxury hospitality assets across India and the Maldives but faces financial challenges despite steady sector growth.
The Lucknow Development Authority (LDA) has announced that 292 plots in the Transportnagar scheme may be canceled due to missing documentation. Occupants must submit original allocation documents within a month, or the plots will be declared vacant and made available for e-auction.
Hoskote, a rapidly emerging suburb near Bangalore, offers strategic connectivity, robust infrastructure, and diverse real estate options, making it a prime investment destination. With 70.6% property value appreciation in five years and promising urbanization, it’s ideal for families, professionals, and investors alike.
Rcube Projects Pvt Ltd has launched Rcube Monad Mall in Noida, offering a mix of shopping, dining, and entertainment. The mall features national and international brands, dining options, entertainment facilities like a luxury multiplex and kids’ play area, and convenient parking. Designed with sustainability in mind, it aims to be a central hub for both residents and visitors.
In December 2024, DLF Camellias in Gurugram set a record with a ₹190 crore penthouse sale, positioning Gurugram as a rising hub for ultra-luxury real estate, rivaling Mumbai. Experts predict continued growth in India’s high-end property market for 2025.
Karnataka is developing SWIFT City in Sarjapura to create a hub for startups, innovation, and tech businesses with modern workspaces, infrastructure, and residential areas. This initiative aims to strengthen Karnataka's position as a leading destination for technology and business, supporting growth and attracting investment.
The NGT has ordered a halt to construction projects in Noida and Greater Noida lacking necessary environmental clearances, emphasizing strict compliance with regulations.
The Mangaluru City Corporation (MCC) has mandated on-site composting for bulk waste generators by January 15, 2025, aiming to promote efficient waste management and reduce landfill dependency.
The Forest Advisory Committee (FAC) rejected a proposal for residential projects on private forest land in Maharashtra, emphasizing strict adherence to the Van Adhiniyam, 1980.
Prime Minister Narendra Modi inaugurated ₹5,500 crore projects in Prayagraj to boost connectivity, spiritual tourism, and infrastructure ahead of Mahakumbh 2025, focusing on clean rivers and modern facilities.
Seema Singh of Alkem Laboratories purchased a 14,000 sq. ft. luxury apartment in Mumbai's Worli for ₹185 crore, marking one of 2024's largest real estate deals. Mumbai's thriving luxury property market continues to attract affluent buyers with ultra-premium amenities and prime locations.
Signature Global has been awarded the ‘Best Developer (India)’ and its project ‘Titanium SPR’ won the ‘Best Green Development’ title at the 19th Asia Property Awards.
Innov8 reports INR 62 crore PAT for FY 2024, driven by an efficient operating model, expansion into managed office spaces, and strategic growth plans. The
RMZ, in collaboration with the Canada Pension Plan Investment Board (CPPIB), is investing $750 million to redevelop Mumbai’s Kamal Amrohi Studio into RMZ Nexus, a premium office park.
Bollywood actress Madhuri Dixit has leased out a commercial property in Mumbai's Andheri West for ₹3 lakh per month. Located in the Morya Landmark II building, the 1,594.24 square feet space has been leased to Karamtara Engineering Pvt Ltd for two years. The
The NCLAT has appointed NBCC as the project management consultant to complete 16 stalled housing projects of Supertech Ltd, benefiting nearly 50,000 homebuyers. The projects, worth ₹9,445 crore, are set to be completed within three years.
Magicbricks has acquired a majority stake in PropViz to enhance its developer offerings with 3D visualization tools, including virtual walkthroughs and real-time inventory management, aimed at streamlining sales and improving buyer engagement.
Gujarat Chief Minister Bhupendra Patel inaugurated the ₹550 crore Atal Smart City project in Rajkot, which covers 930 acres and aims to provide sustainable, technologically advanced urban living.
Local villagers in Benaulim, South Goa, oppose a proposed hotel project by the Goa Tourism Development Corporation (GTDC), citing environmental concerns over its impact on fragile ecosystems. The protests highlight the tension between tourism development and environmental preservation in ecologically sensitive coastal areas.
Rajivnayan Bajaj’s Rishabh Family Trust has acquired a 4,667.30-square-meter land parcel in Pune’s Koregaon Park for Rs. 72 crore, including a bungalow and outhouse. Koregaon Park, known for its luxury homes and central location, continues to attract high-end investments due to its proximity to Pune’s airport and vibrant lifestyle.
HRERA has ordered NBCC to pay ₹30,000 per month to Green View Society residents in Gurugram until flats are handed over, following safety concerns and delays in demolition. The delay is due to unresolved compensation issues for EWS residents, with the matter under review by the Delhi High Court.
MHADA has extended the application deadline for the Konkan Board lottery to December 24, 2024, offering 2,264 flats and 117 plots under various housing schemes. Key dates include EMD payment, provisional and final list publication, and the lottery draw on January 21, 2025.
US-based CA India Technologies has renewed its office lease in Pune’s Kharadi area for 1.08 lakh sq ft of commercial space at ₹12 crore annually. The 5-year lease includes a three-year lock-in period and features significant rent increases over time.
Karnataka's Circular Economy Policy, announced at Propagate 2024, aims to promote sustainable practices in the real estate sector by mandating 20% use of sustainable construction materials.
Navanc, a FinTech startup developing India’s first AI-powered property score for secured lending and insurance, has raised $1M in seed funding. The funds will support its expansion and strengthen its AI capabilities, aiming to revolutionize property lending practices across India.
The MHADA workshop focused on the MMR Growth Hub Project, aiming to deliver 8 lakh affordable homes by 2030 and drive the region’s economic growth. Discussions highlighted the need for government-private collaboration to address challenges in housing development and redevelopment.
Dextrus announces the opening of its new premium workspace at Mint, Sahar Plaza, Andheri East, Mumbai, scheduled for September 2025. The
HDFC Bank has leased 4.16 lakh sq ft across an entire eight-floor building in Mindspace Business Park, Navi Mumbai, for ₹320 crore over 10 years, to support its IT and back-office operations. This expansion aligns with Navi Mumbai’s growth as a commercial hub and recent SEZ rule amendments.
The Mumbai Fire Brigade's shift to using its own officers instead of private contractors for fire safety approvals has caused significant delays in building projects and schools, with architects and engineers citing confusion, inefficiency, and rising costs. PEATA has called for better officer training and adherence to official guidelines to resolve the issues.
The Central Crime Branch Bengaluru is investigating allegations against Ozone Group for delaying the Ozone Urbana Township project and mismanaging ₹3,300 crore collected from buyers and loans. The Resident Welfare Association is seeking accountability and resolution through legal action.
Agarwal Holdings Private Limited acquired a Rs. 455 crore land parcel in Mumbai's Juhu locality, further strengthening its real estate portfolio.
Koelnmesse India has announced the launch of ORGATEC India, a key event focusing on workspace design, furniture, and technology. Scheduled for November 4–6, 2025, at the Jio Convention Centre in Mumbai, the event will highlight advancements in workplace design, sustainable technologies, and adaptive workspaces
Shah Rukh Khan plans to expand his iconic Bandra residence, Mannat, by adding two more floors to the existing annex, pending approval from the Maharashtra Coastal Zone Management Authority. The proposed expansion, estimated at ₹25 crore, would increase the built-up area by 616.02 sq. meters.
DLF Ltd. appoints Mr. Badal Bagri as CFO, bringing over 30 years of experience in corporate finance to support the company’s growth and financial strategy. His appointment follows Mr. Ashok Kumar Tyagi’s focus shift solely to his role as Managing Director.
Bihar RERA is auctioning a confiscated property from Agrani Homes to refund affected homebuyers. This marks the first such auction under the Real Estate Act in Bihar.
The Camellias, located in Gurugram, is a premier luxury real estate development known for its exclusivity, high-net-worth residents, and impressive amenities.
Karnataka’s One Lakh Affordable Housing Scheme faces financial strain due to unsold units, with the government exploring interest subsidies and private sector involvement to address the issue
The Karnataka High Court ordered the demolition of unauthorized floors in IBC Platinum City, Bengaluru, holding the developer accountable for regulatory violations and buyer compensation.
The Goa Coastal Zone Management Authority (GCZMA) imposed a Rs 39.5 crore penalty on a property owner in Siolim for damaging coastal ecosystems, marking one of the largest fines in the state's history.
The Union Cabinet has approved the extension of Delhi Metro's Red Line to Kundli in Haryana, enhancing connectivity across NCR and boosting local economic growth. The ₹6,230 crore project, spanning 26.5 km with 21 elevated stations, is part of Delhi Metro's ongoing Phase IV expansions to improve regional transport.
The Chintels Paradiso residential complex in Gurugram has been declared structurally unsafe, with demolition ordered for all towers due to severe construction flaws. Residents face relocation, with compensation and phased demolition plans underway, raising concerns about construction practices and regulatory oversight.
Brookfield India Real Estate Trust (REIT) has launched a QIP to raise ₹3,500 crore, focusing on reducing debt and funding strategic initiatives like acquisitions. With a strong operational performance, including 1 million sq. ft. of gross leasing in Q2 FY25, the REIT aims to expand its portfolio of income-generating commercial properties.
The Adani Group has committed ₹7.5 lakh crore in Rajasthan, focusing on renewable energy, cement manufacturing, and infrastructure development, with plans to implement most of the investment within five years.
The NCLAT has upheld the initiation of insolvency proceedings against Jaiprakash Associates Limited, rejecting its petition to challenge the process.
ASK Property Fund, KREEVA, and Shapoorji Pallonji Real Estate have partnered for a ₹270+ crore luxury housing project in Sector 46, Gurugram, aiming to address the growing demand for premium housing with a focus on quality and efficient planning.
The Noida Authority canceled the land allotment to Docile Buildtech due to Rs 130 crore in unpaid dues. Legal actions and insolvency proceedings follow the cancellation, with plans to reallocate the land to another developer.
Sales are projected to reach Rs. 5.10 lakh crore by the end of the year, driven by land acquisition, employment growth, and infrastructure development.
Jean-Charles Vollery has been appointed as the new CEO of SYSTRA Group, following the acquisition of a 58% stake by Latour Capital and Fimalac.
GROHE hosted the 4th edition of its flagship event, IKIGAI 2024, at The Khyber Himalayan Resort & Spa in Kashmir. The event, themed "Life's Only Symphony," brought together architects and designers to explore purpose, innovation, and the future of creativity.
The 16th GRIHA Summit emphasized accelerating climate action and fostering resilience in the built environment, unveiling new sustainability frameworks for ports and highways while hosting discussions on green practices, innovation, and collaborative solutions. The event celebrated sustainable excellence through awards and thematic sessions.
KONE India introduced the I MonoSpace® SMART, I MiniSpace™ SMART, and A MonoSpace® SMART elevators, featuring advanced safety, energy efficiency, and digital connectivity, designed for smart buildings and sustainable urban mobility. These elevators offer predictive maintenance, cybersecurity, and customizable interiors.
Gurugram’s luxury real estate market is booming with the recent sale of a ₹190 crore penthouse in DLF's Camellias, highlighting rising property values and a growing demand from high-net-worth individuals. The region is becoming a key player in India's luxury housing sector.
Suraj Estate Developers has acquired a prime 1,464-square-meter land parcel in Mumbai’s Mahim area for Rs 101 crore. The development will offer approximately 1.03 lakh square feet of RERA carpet area, enhancing the company’s commercial portfolio.
The Delhi government will provide Rs 8,000 to over 90,000 construction workers affected by the city's pollution-related construction ban, as directed by the Supreme Court.
IIFL Home Finance Limited is launching a public issue of redeemable non-convertible debentures (NCDs) to raise up to ₹500 crore, with an attractive coupon rate ranging from 8.85% to 9.25% per annum.
India's real estate IPO market has surged in 2024, raising INR 135 billion by October, driven by Housing Finance Companies, REITs, and residential developers. Investor confidence is high, with strong market performance and oversubscription rates, signaling continued growth in the sector.
Narayana Murthy has purchased a luxury apartment in Bengaluru’s Kingfisher Towers for ₹50 crore, marking his second acquisition in the tower.
Secretary Srinivas Katikithala emphasized the need to shift from traditional ownership models to flexible housing solutions, such as rentals and shared accommodations, to align with the mobility and dynamic needs of India's youth. Discussions at the CII-MoHUA conference also highlighted reducing land costs, enhancing urban infrastructure, and addressing affordability challenges to support a mobile workforce.
Residents of Mundamveli housing complex, part of the Life Mission project, face ongoing water leakage issues due to structural flaws, causing protests and delays in repairs.
NeoLiv, a real estate startup, is closing its first Rs 1,000 crore fund to support plotted development projects, particularly villa communities in strategic locations like Alibaug and Sonepat, leveraging infrastructure growth and rising demand.
PMAY-U has provided over 88 lakh homes to families across India since its launch, transforming lives and offering stability through affordable housing. The initiative’s second phase, PMAY-U 2.0, aims to build 10 million more homes, furthering the mission of Housing for All.
Microsoft has acquired a 25-acre land parcel in Mekaguda, Hyderabad, for ₹181.25 crore, marking another strategic investment to expand its operations in India.
The Uttar Pradesh government has introduced revised guidelines for the allotment of commercial plots in Noida to improve transparency and address procedural irregularities. T
Vianaar has launched its first international project, Pol Vatta Estate, in Ahangama, Sri Lanka, offering exclusive villas surrounded by lush greenery. The company plans to invest ₹80-100 crore in the region over the next 2-3 years.
The Enforcement Directorate conducted searches on Orris Infrastructure and its associates under the PMLA, seizing luxury cars, freezing assets worth ₹31.22 crore, and uncovering fund diversion in Gurugram's Greenpolis housing project.
IKIGAI Goa, India’s first luxury senior living community, offers a harmonious blend of comfort, care, and community in a scenic 7.5-acre setting. It reimagines senior living with a focus on dignity, independence, and social engagement.
Ashar Group’s luxury project, The Legend by Ashar in Pali Hill, Bandra, has surpassed INR 500 crore in sales within 15 months, reflecting strong demand for high-end properties. T
Gopalan Enterprises plans to expand its residential portfolio by 2 msft in 2025, targeting ₹500 crore revenue.
The Government of India spends ₹2.3 crore monthly on 112 consultants, raising concerns about financial sustainability and the loss of institutional knowledge. Experts suggest focusing on developing government officers' skills to reduce dependency on external experts.
The Economic Offence Wing of Mumbai Police has filed an FIR against individuals associated with Anchor Leasing Pvt. Ltd. and Shah Construction Company Ltd. for allegedly misappropriating ₹51 crore invested by the Ashwin Sheth Group in 2008, with the amount now exceeding ₹700 crore due to delays and damages. The investigation is ongoing, focusing on criminal breach of trust and financial misconduct.
Shraddha Kapoor's decision to rent a luxury apartment in Juhu reflects a growing trend among Bollywood stars for flexibility, convenience, and high-end living. Renting offers celebrities access to prime locations without long-term ownership commitments.
MPCB has imposed strict regulations on RMC plants in MMR to curb air pollution, including bans on new plants and mandatory anti-dust measures for existing ones. Compliance is crucial to balancing urban growth and environmental health.
Landmark Group launched Landmark Gardencity in Tohana, Haryana, a 26-acre premium DDJAY plotted development featuring 405 residential plots and top-tier amenities for community living.
IIT Bombay and HSBC India collaborate to incubate six innovative green hydrogen projects, advancing clean energy solutions and supporting India's net-zero vision.
Nuvoco Vistas Corp. Ltd. has launched the Nuvo Setu App to enhance the customer experience for its Cement and MBM customers, offering features like real-time order tracking, credit management, and seamless accessibility as part of its digital transformation journey.
Property Share Investment Trust (PSIT) has launched India's first Small and Medium Real Estate Investment Trust (SM REIT) IPO, offering a new way for retail and small-scale investors to access real estate.
M/s P K S Estate lost ₹85 lakh in a land fraud involving a fake sale of property in Goa. The fraud was uncovered when the company attempted to register the property, revealing forged documents and fake heirs.
Lionel Messi ventures into real estate with his REIT, Edificio Rostower Socimi, debuting on the Spanish stock market with a market cap of €223 million.
HoABL has acquired the American Center in South Mumbai for ₹56 crore, planning to redevelop it into a premium residential project, marking its entry into city-centric developments.
The Uttar Pradesh government’s new bulk land allotment policy streamlines land acquisition and offers incentives to attract top global companies, aligning with its FDI Policy-2023. The initiative includes “plug-and-play” industrial zones to boost investments, create jobs, and enhance the state’s industrial ecosystem.
BCD Group has launched BCD City, a ₹500 crore integrated township in Hoskote near Bengaluru, offering 900 pre-leased residential units, villa plots, and commercial spaces. Strategically located near key infrastructure projects, it features modern amenities and eco-friendly design for sustainable urban living.
IITGNL's first group housing scheme in Greater Noida aims to generate over Rs 1,100 crore through e-auction of four plots.
India's real estate sector is rapidly embracing sustainability, driven by environmental goals, policy incentives, and rising demand for eco-friendly living and working spaces, with green buildings offering significant economic and environmental benefits. This shift is reshaping urban development, enhancing property values, and aligning with India's net-zero emissions target for 2070.
Zapkey, a Mumbai-based proptech startup founded in 2020, guarantees home sales within 90 days or buys the property itself, offering a seamless, data-driven solution for India’s $30 billion resale market. By simplifying pricing, processes, and trust, it aims to transform home selling with transparency and convenience.
Godrej Properties has launched a QIP to raise Rs 6,000 crore, aiming to support land acquisitions, project financing, and sales growth targets while maintaining a strong financial position.
Homversity secures $1 million in funding to expand its scalable student housing model, addressing the ₹58,000 crore student housing market in India by connecting students with secure, convenient accommodations.
India Sotheby’s International Realty, in collaboration with CNBC TV18 and Grant Thornton Bharat, hosted the Family Office Excellence Awards 2024, celebrating the contributions of family offices to governance, impact, and innovation.
The Aramghar to Zoo Park flyover in Hyderabad, spanning 4.04 kilometers, is nearing completion and aims to ease traffic congestion at five major junctions.
Kalpataru Limited's SEBI-approved ₹1,590 crore IPO will reduce debt, fund growth, and strengthen its market presence, backed by an extensive project pipeline and experienced leadership.
The MCD proposes a ₹1,144.3 crore project to replace 4 lakh outdated lights with energy-efficient LEDs across four zones in Delhi, aiming to enhance public lighting and reduce maintenance challenges.
Nippon Life India Asset Management Ltd. has acquired two premium commercial properties in Lower Parel, Mumbai, for Rs. 486 crore, reinforcing its presence in the city’s growing office space market.
Avighna Group has acquired Emaar Business Park–Building 3 in Dubai for AED 240 million, marking its entry into Dubai's thriving real estate market with a Grade-A commercial property in a prime location. The acquisition reflects growing investor confidence in Dubai’s premium commercial real estate, driven by limited supply and strong demand.
Shishir Baijal, Chairman and MD of Knight Frank India, will assume the role of Non-Executive Chair for Knight Frank Asia-Pacific from April 1, 2025, overseeing business growth in this dynamic region while continuing his leadership in India. With nearly four decades of global experience, Baijal’s strategic vision aims to strengthen Knight Frank’s presence and drive success across Asia-Pacific.
AltDRX strengthens its leadership with the appointment of Manisheel Gautam as CMO and Shikhar Daydar as CPO, aiming to innovate and expand the digital real estate investment platform in India.
tesa has opened new offices in Mumbai and Bengaluru as part of its strategic expansion in India, focusing on enhancing customer collaboration and sustainability in its operations.
Signature Global sold ₹2,300 crore of properties at Daxin Vistas in just 10 days, with strong demand for both mid-income housing and industrial plots. T
Nithin Kamath, Co-founder of Zerodha, has proposed linking property prices to air and water quality, suggesting discounts for areas with poor environmental conditions to address the growing pollution crisis.
Haryana CM Nayab Singh Saini announced the construction of five lakh houses and various welfare initiatives to uplift marginalized communities, including housing under Mukhyamantri Shehri Awas Yojana and financial assistance through other schemes.
Mumbai's luxury real estate market thrives with high-net-worth individuals making significant investments, as seen in Jagdish Master's Rs 105 crore sea-view apartment purchase at Oberoi Three Sixty West.
Sundream Group's mixed-use project, Anthurium, has successfully leased 60% of its Phase 1 retail space, featuring global brands like McDonald's, Pizza Hut, and Costa Coffee.
The Mangaluru City Corporation (MCC) is preparing to introduce a revised building bylaw aimed at addressing construction violations and promoting the planned development of the city.
A portion of a historic British-era bridge between Kanpur and Unnao collapsed early Tuesday, following years of deterioration.
Indore is restoring the Kanh and Saraswati rivers by surveying encroachments with drone technology, removing obstructions, and addressing pollution through sewage treatment plants.
The NCR luxury real estate market has experienced robust growth in H1 2024, driven by infrastructure developments like Dwarka Expressway and Yamuna Expressway, alongside rising demand for premium housing in regions like Gurugram and Noida.
Nine landlords in Samba district, Jammu and Kashmir, were booked for failing to comply with mandatory tenant verification, a measure aimed at streamlining security by monitoring the identities of non-local residents.
Godrej Properties Ltd has acquired a 53-acre land parcel in Joka, Kolkata, for a residential plotted development, with an estimated revenue potential of ₹500 crore. The
The GHMC demolished a five-storey illegal building in Gachibowli due to safety risks and regulatory violations, emphasizing its zero-tolerance policy on unauthorized constructions.
AkzoNobel India plans to sell non-productive properties as part of its strategy to optimize resources, while its Dutch parent evaluates collaborations to strengthen its position in India's competitive decorative paints market.
BHIVE Workspace has launched a 1,000-seater coworking space in Bengaluru's Old Airport Road, reflecting its strategy to meet the growing demand for flexible office spaces.
ANZ has renewed its lease for 6 lakh sq. ft. of office space at Embassy Manyata Business Park in Bengaluru, paying ₹6 crore monthly for the next four years.
Provident Housing has launched Provident Bayscape in Chennai's southern suburbs, offering 676 residential units with modern amenities.
A Chennai-based real estate businessman was arrested for allegedly defrauding a buyer of ₹1.1 crore by falsely selling a plot of land, with investigations revealing multiple similar scams. The case highlights the growing need for vigilance and stronger safeguards in the real estate sector.
Prominent developers, including Lodha Group and K Raheja Corp, have applied for the deregistration of 19 projects in Maharashtra due to market challenges, with public objections invited by MahaRERA.
Raheja Developers has appealed to the NCLAT to challenge insolvency proceedings initiated by the NCLT over delays in possession of flats in the Shilas project, following complaints of a ₹112.90 crore default. The NCLT had found the company at fault for failing to meet agreed timelines, rejecting its force majeure defense.
RMZ Corporation and Colt Data Centre Services have launched a $1.7 billion joint venture to develop three data centres in India, addressing the growing demand for AI-driven and cloud computing infrastructure.
Royalti, a leading real estate consulting firm, achieved over ₹200 crores in sales within three days of launching Oberoi Garden City, contributing significantly to the project's ₹1,350 crores total sales. Their client-focused approach and strong market expertise set a benchmark in Thane's luxury real estate market.
NTPC's ‘Sukh’ Eco-House, showcased at IITF 2024, offers affordable, eco-friendly housing using 80% fly ash-based materials, promoting waste reuse and reducing construction emissions.
The Bombay High Court has directed Maharashtra's civic bodies to link their websites with MahaRERA for real estate verification and ensure the timely uploading of certificates.
Bhubaneswar distributed 116 affordable housing allotments under AHP, showcasing efforts to uplift slum dwellers with modern infrastructure. Major housing projects, including 2,600 homes in Chandrasekharpur, highlight the city's commitment to inclusive urban development.
Habitat for Humanity India and Max Estates completed 25 homes in Rewari, Haryana, marking the first phase of their affordable housing initiative, with plans to build 25 more in Bhudla village by 2025.
The Indian Hotels Company Limited (IHCL) plans to double its hotel portfolio to over 700 properties by 2030, with a ₹5,000 crore investment.
hBits has launched a Rs 54.66 crore Grade A commercial asset in Thane’s Wagle Estate, targeting the growing demand for premium office spaces, particularly in the BFSI sector. T
The Indore Municipal Corporation (IMC) demolished 63 illegal structures in Tigaria Badshah, clearing the way for a 30-meter road-widening project to improve traffic flow and connectivity.
Chennai-based real estate developer Casagrand is rewarding 1,000 employees with a week-long, all-expenses-paid trip to Barcelona as part of its "profit-share bonanza" programme, recognizing their contributions to the company’s success. This initiative reflects the company’s commitment to fostering employee growth and setting new standards in workplace appreciation.
Whiteland Corporation strengthens its leadership with the appointments of Sudeep Bhatt as Director Strategy and Suneet Singh as Senior VP Marketing, driving growth in sustainable luxury residential and retail spaces.
A 14,800 sq yard land in Vastrapur, Ahmedabad, was sold for Rs 400 crore to Godrej Properties Limited, marking a significant expansion in the city's luxury real estate sector.
Delhi’s record-breaking pollution crisis, marked by AQI levels soaring to 1000, has caused significant disruptions in the real estate sector, impacting construction, costs, and workforce.
India’s four listed REITs distributed ₹2,754 crore in H1 FY24, marking 14% growth, reflecting their rising appeal among investors. Recent government reforms, including reduced LTCG tax holding periods, are set to boost liquidity and attract more investments in the growing Indian REIT market.
The Telangana government has approved ₹205 crore for acquiring 280 acres of land to redevelop Mamnoor Airport in Warangal, with AAI overseeing operations.
Sushma Group has partnered with Bayside Corporations to accelerate sales of its luxury projects in Kasauli, aiming for a Gross Transaction Value (GTV) of over Rs 350 crore.
Amazon India is relocating its Bengaluru headquarters from the WTC in Malleswaram to a cost-efficient, state-of-the-art campus near the airport by 2026, aiming to enhance employee collaboration and cut operational costs. The move could impact real estate dynamics, with challenges for Brigade Enterprises and potential growth in the airport area as a business hub.
UltraTech Cement plans to raise ₹3,000 crore via NCDs to strengthen its finances amid rising competition and raw material costs. Despite financial pressures, the company is pursuing strategic investments and sustainability initiatives to bolster market presence and long-term growth.
The National Housing Bank (NHB) signed MoUs with 116 Primary Lending Institutions (PLIs) to implement the Interest Subsidy Scheme (ISS) under PMAY-U 2.0, aimed at improving affordable housing access for urban poor and middle-class families.
Emaar India launches 'Amaris', a sustainable luxury residential project in Gurugram, offering eco-conscious 2, 3, and 4 BHK homes with modern amenities.
Man Infraconstruction Limited (MICL) is set to launch a luxury redevelopment project in Mumbai's Pali Hill area, featuring ultra-luxury apartments.
The GRAP Stage III restrictions in Delhi-NCR, aimed at curbing severe air pollution, have halted non-essential construction activities, raising concerns among real estate bodies about project delays, financial strain, and worker livelihoods. Developers urge exemptions for RERA-compliant projects to mitigate economic and social impacts.
Prestige Group has acquired 22,135 square meters of land in Mumbai for ₹291.6 crore to develop a 1-million-square-foot residential project, strengthening its presence in the city's high-demand luxury housing market. This move aligns with India's rising land transactions and urban demand for premium living spaces.
Century Real Estate is set to launch eight premium housing projects in Bengaluru, targeting ₹2,100 crore in revenue this fiscal year, with plans to diversify into senior living.
Onward Workspaces has expanded its presence by leasing 18,000 sq. ft. at Emaar Capital, Gurugram, catering to the growing demand for flexible, high-quality office spaces.
Experion Developers has launched Phase 2 of its luxury residential project, Experion Elements in Sector 45, Noida, following the success of Phase 1, which achieved sales over INR 950 crore.
Blox has acquired an 11% stake in real estate brokerage Guardians for $12 million, aiming to expand its influence in India by integrating digital solutions with Guardians' extensive industry network.
Vatika Group has earned LEED certification for 17 projects across 9.5 million sq. ft., including 11 LEED Platinum-rated developments, showcasing its commitment to sustainable, eco-friendly spaces
Awfis Space Solutions has partnered with the National Stock Exchange (NSE) to design, build, and manage a 1.65 lakh square feet office space at the Adani Inspire building in Mumbai’s Bandra-Kurla Complex.
In Ghaziabad, concerns have arisen as numerous unregistered flats have been handed over to buyers, causing significant revenue loss and legal issues for developers. The Uttar Pradesh government has initiated an investigation into the irregularities, with reports estimating a ₹12,000 crore financial loss.
The Kanpur Metro project is nearing completion of a key extension from Moti Jheel to Kanpur Central, which will enhance public transportation by reducing travel times and easing road congestion.
A real estate developer in Coimbatore, M. Thangaraj, was arrested for allegedly deceiving over 35 investors through installment-based land schemes under his company, Gokulam Gardens, leading to a police investigation into questionable investment practices.
The Mukhyamantri Shehri Nikay Swamitva Scheme, launched by the Haryana government, aims to provide ownership rights to long-term municipal property renters.
The Uttarakhand government is investigating Bollywood actor Manoj Bajpayee’s land purchase in Almora, suspecting it may not comply with state land regulations, amid broader efforts to protect agricultural land from being acquired by outsiders.
Industrial Investment Trust Limited (IITL) is launching a ₹500 crore Category I AIF to invest in residential and commercial real estate across Tier 1 and Tier 2 cities, alongside a Housing Finance Company to provide accessible home financing. These initiatives aim to leverage India’s real estate growth and support urban expansion.
Bollywood actor Shahid Kapoor has leased out his luxurious apartment in the upscale Three Sixty West, Worli, Mumbai.
Salesforce is expanding in India with the construction of its first tower in Bengaluru, focusing on AI training, sustainability, and supporting local talent.
Coworking spaces in India are rapidly growing, catering to freelancers, startups, and large enterprises with flexible, cost-effective work environments that support innovation and community. This trend is transforming India's work culture, especially in Tier-2 and Tier-3 cities.
The Greater Noida Industrial Development Authority (GNIDA) has initiated a tender for Master Plan 2041 to enhance essential infrastructure—drinking water, sewage, and stormwater systems—to accommodate the city's projected growth.
Oberoi Realty is expanding its presence in Mumbai and Gurugram with luxury residential and retail developments, aiming to strengthen its position in India’s real estate market.
HDFC Capital has partnered with Runwal Enterprises to establish a platform for affordable and mid-income housing in Mumbai, with a focus on sustainable development and addressing the city’s housing needs.
A Mumbai real-estate investor died by suicide due to financial pressures from multiple individuals involved in his business dealings.
Gurugram authorities conducted a two-day demolition drive to dismantle illegal colonies across several areas, focusing on unauthorized structures in Bhondsi, Alipur, and Gwal Pahari. The
Yatin Shah, co-founder of 360 One, has purchased a luxurious sea-facing penthouse in Worli, Mumbai, for Rs 158.5 crore, reflecting the city's booming demand for ultra-luxury real estate. This transaction highlights Mumbai's status as a prime market for high-end properties, attracting affluent buyers seeking both exclusivity and long-term investment value.
The Punjab and Haryana High Court has issued notices to Lalit Goyal, MD of Ireo Group, and the Enforcement Directorate following a petition alleging Goyal violated bail conditions by transferring assets and attempting to leave the country.
Mahindra Lifespaces, through a joint venture with GKW, is developing a 37-acre mixed-use project in Bhandup, Mumbai, focusing on residential, commercial, and retail spaces to create a large-scale, integrated community.
Signature Global has reported a significant 217% year-on-year growth in pre-sales, reaching INR 59 billion, with a 342% surge in revenue to INR 11.5 billion for H1FY25.
Brookfield India REIT plans to raise ₹3,500 crore to strengthen its balance sheet, reduce debt, and support growth.
Brigade Enterprises is expanding its presence in Chennai with an ₹800 crore residential and mixed-use project in West Chennai.
Delhi-based DLF is set to launch its first Mumbai project in nearly a decade, expected by March FY25. This slum rehabilitation project in Andheri, developed in partnership with the Trident Group, will combine social responsibility with luxury residential offerings.
Chandigarh's rooftop solar installation mandate for homes on plots of 500 square yards or more has seen low compliance, with fewer than 20% of eligible homes participating.
Supreme Universal has launched the second phase of its luxury villa project, Supreme Villagio, in Somatane, Pune, offering 70 exclusive 4 BHK villas with top-tier amenities and scenic views. This phase targets high-end buyers, leveraging its proximity to major hubs, the upcoming Navi Mumbai Airport, and the Eastern Ring Road.
Prestige Group expands its presence in Bengaluru with a new 17.45-acre residential project in Whitefield.
India is set to become the largest hub for Trump Towers outside the U.S., with six new projects planned across major cities, including residential towers, offices, and luxury amenities, which are expected to bring significant economic benefits.
CRC Group has launched its first ultra-luxury residential project, CRC Maesta, in Greater Noida West, investing ₹525 crore to offer 358 high-end 3 and 4 BHK apartments across five towers.
Rahul Vaidya recently purchased a luxury apartment worth Rs. 9 crore in Mumbai’s exclusive Bandra West, joining other celebrities in this prime residential area, as reported by Square Yards.
NBCC (India) recently secured a ₹500 crore BIS contract for nationwide construction projects, reflecting its growing role in India’s infrastructure sector.
The Indore district administration has launched a crackdown on unauthorized developments, identifying 100 unapproved projects and taking legal action against four developers.
Gaurav Trehan, CEO of KKR India, has acquired a luxurious sea-view apartment in Mumbai’s exclusive Malabar Hill for ₹88 crore, one of the priciest property deals in India.
Raymond Ltd has reported strong financial performance in its second quarter (Q2) of fiscal year 2025, demonstrating significant growth in its core business areas of real estate and engineering.
Innov8, a leading coworking startup in India, plans to double its centers to 100 by 2025, increasing capacity from 17,000 to over 50,000 seats across major cities.
The NTR district police have launched a comprehensive initiative to combat the illegal diversion of free sand intended for public use, implementing advanced surveillance and community engagement strategies
DLF is set to invest ₹8,000 crore in its ultra-luxury project, The Dahlias, located in Gurugram, featuring 420 spacious apartments and premium amenities.
The Delhi Development Authority (DDA) will launch Phase 2 of the Sasta Ghar Housing Scheme on November 14, 2024, offering over 2,500 affordable flats across various locations in Delhi.
Certus Capital has invested Rs 150 crore in two housing projects in the Mumbai Metropolitan Region, targeting high-revenue potential and addressing urban housing demand.
The Sattva Group plans to invest ₹12,000-14,000 crore to develop residential and commercial projects covering 80 million square feet over the next few years, while also expanding its co-living capacity through the acquisition of Colive.
Brigade Hotel Ventures Ltd plans to raise Rs 900 crore through an IPO to enhance its financial position and expand operations in South India’s growing hospitality sector. T
The Ahmedabad Municipal Corporation (AMC) plans to demolish 33,500 illegal structures that do not comply with the Impact Fee law shortly after Diwali.
GreatWhite Global Private Limited has acquired two luxury apartments worth ₹225 crore in Oberoi Three Sixty West, Worli, Mumbai, marking a strategic entry into the high-end real estate market.
JSW Group has partnered with South Korea’s Posco Group to establish an integrated steel plant in India, with an initial production capacity of five million tonnes per annum.
Concorde has launched Concorde NEO, a residential project on Thanisandra Main Road in North Bengaluru, targeting ₹450 crore in revenue.
House of Hiranandani has announced a ₹12,500 crore expansion in the MMR, focusing on luxury residential and commercial projects across 7.3 million square feet.
The Merlin Group plans to invest over Rs 10,000 crore in Bengal over the next seven to eight years, focusing on diverse sectors such as real estate, retail, and healthcare.
The Brihanmumbai Municipal Corporation (BMC) has issued stop-work notices to two construction sites in Vile Parle and JB Nagar for violating air pollution control guidelines.
Fracspace, a Hyderabad-based prop-tech startup founded by Unnath Reddy, is revolutionizing Indian real estate by making property investment accessible for middle-class families through its co-ownership model. With rapid growth and ambitious plans, Fracspace offers a blend of affordable ownership and secure returns, transforming property investment in India.
SEBI will auction seven properties of the Bishal Group on December 10 to recover funds allegedly mobilized illegally from investors, reinforcing its commitment to investor protection and regulatory compliance.
Signature Global's Titanium SPR in Gurugram, a premium residential project, spans 14.382 acres with luxury amenities, partnering with Capacit’e Infraprojects for its ₹1203 crore construction.
Telangana government plans to establish a steering committee to support Hyderabad's real estate sector, enhancing collaboration between industry leaders and government to drive growth and investor confidence.
The Noida Authority has approved a ₹75 crore budget for a world-class sports complex spanning 26 acres in Sector 123, aimed at fostering athletic talent and enhancing community well-being.
CirclePe has launched the exclusive CirclePe Club, aiming to assist 10,000 tenants in securing zero deposit rentals while providing landlords with ₹100 crore in advance rent.
DLF Ltd. report Q2 results for fiscal year 2024-25, with net profit doubling to ₹1,381 crore and total revenue surging 48% to ₹2,181 crore
Mumbai's real estate market remains a prime investment choice for Bollywood celebrities, with recent acquisitions by Sunil Shetty and Amitabh Bachchan highlighting ongoing interest in upscale neighborhoods like Bandra.
Mahindra Lifespace Developers Ltd. (MLDL) significantly reduced its net loss in Q2 FY25, reflecting improved operational efficiency despite revenue declines. S
The Punjab government, under Governor Gulab Chand Kataria, has approved the Punjab Apartment and Property Regulation (Amendment) Act, 2024, eliminating the need for a no-objection certificate (NOC) to simplify property registration in unauthorized colonies.
Kansai Nerolac Paints Limited, India's leading industrial paint manufacturer, has successfully sold its land parcel in Lower Parel for Rs. 726 crore.
The Uttar Pradesh government has approved the Master Plan-2031 for the Raya Urban Centre in Mathura, aiming to integrate residential, commercial, and tourism developments while preserving the area's cultural heritage.
Urban Vault has expanded its office space portfolio in Bengaluru's central business district by leasing 1.2 lakh sq ft to meet the growing demand for managed workspaces among corporates
The Bachchan father-son duo continues expanding their real estate portfolio, surpassing Rs. 100 crore in 2024 with a high-value property purchase in Mumbai's Mulund West.
Kalyani Developers is entering the residential housing market with a ₹4,500 crore investment in Bengaluru and Hyderabad, focusing on mid-range and luxury housing.
The Telangana government is devising a rehabilitation plan for families displaced by the Musi River rejuvenation project, offering house sites and 2BHK houses to ensure improved living conditions.
AltF Coworking, founded by Sarthak Chhabra and Yogesh Arora, offers flexible coworking solutions and supports young entrepreneurs through initiatives like "Year Zero," providing free office space for early-stage startups.
Elan Group has secured a ₹1,200 crore investment from Kotak Real Estate Fund to enhance its growth and expansion in Gurugram's competitive real estate market.
Tower 108, a premium commercial project in Balewadi, Pune, offers state-of-the-art office and showroom spaces with excellent connectivity and modern amenities.
Luxury home sales in India are surging, particularly in Delhi-NCR, driven by rising incomes, urbanization, and growing demand from millennials and affluent buyers. Recent reports highlight a significant increase in high-value transactions and a shift towards modern luxury properties.
IndiQube plans to raise Rs 800 crore through a November 2024 IPO to fund its expansion in India's growing managed office space market, driven by the demand for flexible workspaces.
On October 22, 2024, a six-story under-construction building collapsed in Bengaluru’s Hennur area, killing one person and leaving seven others missing.
Adani Group's Ambuja Cements acquires CK Birla's Orient Cement for Rs 8,100 crore, increasing Adani's cement capacity to 100 MTPA by FY25.
The Lucknow Municipal Corporation plans to cap mutation charges at ₹15,000 to reduce the financial burden on property owners, but concerns remain as the limit surpasses the ₹10,000 cap set by other authorities.
Prestige Estates Projects Ltd is investing approximately ₹7,000 crore in developing "Prestige City," a large township project in Ghaziabad, Delhi-NCR, which aims to provide diverse residential and commercial spaces.
The Noida Authority has sealed Prateek Realtors' assets for failing to clear ₹50.49 crore in dues and suspended an official for negligence in addressing another developer's non-compliance.
Emaar India announces its entry into the Maharashtra market with Casa Venero, an ultra-luxury villa project in Alibag. Spanning 25 acres, it features 84 exclusive villas within a gated community, offering premium amenities and serene coastal living.
Oberoi Realty sold luxury homes worth ₹1,348 crore in just three days after launching a new project in Thane, highlighting the growing demand for upscale residential properties in Mumbai's suburban areas.
Ajmera Realty & Infra India's shares reached a record high after the board approved a preferential share issuance to key investors, driving a 50% surge over two weeks. The company anticipates strong revenue growth from ongoing and future real estate projects.
The FPCE, led by Mr. Abhay Upadhyay, has urged the Consumer Affairs Ministry to implement sector-specific guidelines to address misleading advertisements, project delays, unfair contracts, and lack of consumer protection in the real estate sector.
Ranbir Kapoor and Alia Bhatt's new home in Bandra, valued at ₹250 crore, has received mixed reactions from fans, with some expressing disappointment over its design despite its sentimental significance.
Micro Labs Ltd has made a strategic investment by acquiring a 3-acre plot in Hoodi, Bengaluru, for ₹111 crore, marking one of the city’s most significant land deals in recent years. T
Micromitti Real Estate Ventures is set to launch Real Estate Investment Trusts (REITs) and other investment vehicles aimed at democratizing real estate investment for individual investors, including those with limited capital
Unitech Limited has urged homebuyers to clear outstanding dues and update their contact information, with failure to comply potentially leading to the cancellation of property allotments.
Gautam Budh Nagar has formed a five-member Safety Committee to oversee the safety of lifts and escalators in high-rise buildings, following the implementation of the Uttar Pradesh Lift and Escalator Rules, 2024.
Nirala World has acquired a 2.6-acre land parcel in Greater Noida West for ₹180 crore, with plans to develop a large-scale commercial project.
The 7th Annual GreenPro Summit, hosted by the Confederation of Indian Industry in New Delhi, focused on advancing towards net-zero through the promotion of ecolabelled products, materials, and technologies.
The Adani Foundation has contributed Rs 100 crore to establish the Young India Skills University (YISU) in Telangana, aimed at providing industry-specific skill development for the region's youth.
Cushman & Wakefield has appointed Supriya Chatterjee as Managing Director for North India, where she will lead operations and focus on growth in the Delhi-NCR real estate market. Her experience in office leasing and client relationships will be key to the firm's regional success.
HouseEazy celebrated the success of over 1,500 channel partners at a grand summit, highlighting its impressive ₹1,000 crore in transactions and future growth targets of ₹3,000 crore
A recent audit by the Central Building Research Institute has declared Tower A of the Chintels Paradiso residential complex in Gurugram unsafe for habitation due to severe structural damage, joining eight other towers previously deemed unfit.
Minimalist Hotels has launched coworking spaces in Goa, Delhi, and Varanasi, merging café environments with flexible work areas for remote workers and digital nomads
The Executive Centre (TEC) is investing ₹125 crore to expand its presence in India by opening eight new flexible workspace centres across key cities.
The Maharashtra government has approved the conversion of over 11,000 PCNTDA properties to freehold, allowing property holders full ownership rights and easing redevelopment and financing issues.
Shapoorji Pallonji has partnered with KREEVA to develop a luxury residential project in Gurugram's Sector 46, targeting Rs 1,200 crore in revenue. This
The Indian government is reviewing the Real Estate (Regulation and Development) Act (RERA) of 2016 to address challenges faced by homebuyers and regulatory authorities in enforcing rulings.
The Allahabad High Court has stayed the Noida Authority's rejection of Satya Homes Pvt Ltd's construction permit in Sector 161, emphasizing that the Authority must provide solid, legally justifiable reasons for denying building applications.
The Brihanmumbai Municipal Corporation (BMC) plans to auction three prime plots in Mumbai to fund ongoing infrastructure projects, marking its first effort to lease out land assets.
Haryana's real estate sector faces turmoil as HRERA intensifies action against non-compliant developers, issuing over 207 arrest warrants for delayed projects and regulatory violations.
Godrej Properties has expanded its portfolio by acquiring six new land parcels valued at ₹9,650 crore, aligning with its strategy to capitalize on rising housing demand in India.
Private equity investments in India's real estate sector surged to $2.2 billion in Q3 2024, driven primarily by the industrial and logistics segment. Overall, PE inflows for the year reached $3.9 billion, reflecting strong investor confidence and a robust macroeconomic environment.
UPSIDA is organizing an e-auction of 43 plots across Uttar Pradesh to promote industrial and commercial development, aligning with CM Yogi’s strategy to attract investment.
Puravankara Limited plans to expand its land bank to 45 million square feet over the next two years, focusing on key cities like Bengaluru, Chennai, Mumbai, and Pune, while also pursuing redevelopment projects in Mumbai.
Innov8 has announced plans to expand its managed office space portfolio by developing 4 million square feet by 2027, backed by a ₹50 crore investment, with a focus on flexible workspace solutions in key metropolitan areas.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan launched 'Sampada 2.0', a digital platform aimed at streamlining property registration through e-services like e-KYC, digital signatures, and GIS mapping. The initiative seeks to enhance transparency, reduce delays, and provide citizens with a faster, more efficient property registration process.
Oberoi Realty's board has approved raising up to Rs 6,000 crore through various financial instruments, subject to shareholder and regulatory approvals. This follows their acquisition of Nirmal Lifestyle Realty and strong financial performance in Q1 FY25, positioning the company for continued growth in the Mumbai real estate market.
DLF Ltd is launching The Dahlias, an ultra-luxury residential project in Gurugram, featuring over 400 apartments priced from ₹80 crore.
The Enforcement Directorate (ED) has uncovered over Rs 200 crore in assets during raids at 15 locations tied to Vatika Limited, as part of a money laundering probe. The investigation, linked to investor complaints and financial irregularities, has revealed loans exceeding Rs 5,000 crore and approximately Rs 250 crore generated as Proceeds of Crime.
Under the Mukhyamantri Awas Yojana-Gramin, Uttar Pradesh has constructed 2.52 lakh houses since 2018-19, benefiting marginalized communities, with ongoing efforts to complete an additional 3,929 homes. The broader PMAY-G initiative has built 35.88 lakh houses since 2016-17, aiming for inclusive housing by 2024-25 despite some remaining incomplete projects.
RMZ Corp plans to invest over $2.2 billion in India's real estate market over the next five years, focusing on office spaces, hospitality, and residential developments across key metropolitan areas.
After a decade of delays, 51 homebuyers of Amrapali Dream Valley Enchante in Greater Noida finally received their keys, with 833 additional units set for handover soon. The NBCC, appointed by the Supreme Court in 2019, is working to complete the project, offering renewed hope to many homeowners.
Alka Bhatia Hiranandani, sister of Bollywood star Akshay Kumar, has made a significant impact in Mumbai’s real estate market by purchasing two luxury flats in Juhu for ₹72 crore, highlighting the area’s ongoing appeal among celebrities and high-net-worth individuals.
The Kerala government, led by Chief Minister Pinarayi Vijayan, is launching the Wayanad Township Project to construct 1,000 single-story homes for families affected by natural disasters, with provisions for future expansion.
The Maharashtra government is considering allocating 100 acres of land in Madh Island for the Dharavi Redevelopment Project, led by the Adani group.
Brigade Enterprises is investing ₹620 crore to develop a high-rise residential project in Perambur, Chennai, featuring 1,368 units across five towers. This strategic move strengthens Brigade’s presence in the city's booming real estate market.
Hyderabad's water bodies are being lost to rapid urban encroachments, with over 386 acres affected in the past decade, causing significant environmental and political repercussions.
The Delhi government has imposed a ₹5 lakh fine on a construction firm for violating anti-dust regulations during the construction of a new block at RML Hospital, underscoring its commitment to environmental protection.
WeWork India has launched its latest premium workspace, WeWork 37 Cunningham, in Bengaluru, spanning 61,120 square feet and designed for large enterprises and C-suite executives. The facility features sustainable design, tailored services, and certifications like LEED and WELL, enhancing its appeal to high-profile clients.
KBC Global Ltd has launched a new construction project in Deolali, Nashik, as part of its growth strategy both domestically and internationally.
Eco-friendly paints in India, like those from Asian Paints, Berger, and Dulux, offer non-toxic, low-VOC alternatives that promote better indoor air quality and sustainability. These paints are increasingly popular for their health benefits and positive environmental impact.
Zepto is relocating its headquarters from Mumbai to Bengaluru, consolidating its workforce and enhancing collaboration with its tech teams. The move, which has been delayed to February, will save the company on rental costs while positioning it closer to competitors like Swiggy and Flipkart.
Hero Realty celebrated the unveiling of its new sales gallery for Phase 2 of Hero Homes Ludhiana during a Navratri event, featuring a traditional Havan Puja and a brunch for channel partners.
The Southern Regional Conference 2024, hosted by the IIA Kerala Chapter, will explore the theme "Bridging Binaries," focusing on the intersection of humanity, society, and innovation in architecture.
The Adani Group is in advanced talks to acquire Heidelberg's Indian cement division for $1.2 billion, expanding its footprint in the rapidly growing cement sector.
BDA's recent encroachment drive in Nagarabhavi reclaimed ₹460 crore worth of illegally occupied land, demolishing commercial structures on public land for planned urban development.
The ₹187 crore sale of Piramal Capital’s prime commercial asset in Santacruz to Shoquba Realty highlights the continued demand for premium properties in strategic Mumbai locations.
CREDAI's partnership with IIMA to launch the Real Estate Development Leadership (RED-L) Programme is set to enhance the professional growth of senior management in the real estate sector.
BBMP's introduction of e-khatas simplifies Bengaluru's property registration by digitizing over 21 lakh records, enhancing transparency and convenience.
The National Real Estate Development Council (NAREDCO) and the Fire and Security Association of India (FSAI) signed an MoU to enhance fire safety and security systems in India's urban real estate sector.
Paranjape Schemes has partnered with Empire Grand to launch the premium 'Lighthouse in the City' project in Thane, offering spacious homes with luxury amenities.
An NRI from Nigeria lost ₹3.6 crore in a Hyderabad real estate scam involving false promises of prime land, prompting a police investigation.
The Andhra Pradesh government is addressing sand shortages by allowing excavation from patta lands, operationalizing sand reaches, and initiating de-siltation points while ensuring compliance with environmental norms.
The Mumbai Metro Rail Corporation (MMRC) plans to monetize a 4.2-acre plot in Nariman Point, aiming to raise ₹5,173 crore through a long-term lease to fund metro projects.
Birla Estates sold properties worth ₹600 crore within 24 hours of launching Phase II of its Birla Trimaya project in Devanahalli, Bengaluru, following the success of Phase I.
A recent ₹14 crore sale of a luxury 4 BHK apartment in Borivali highlights the area’s growing appeal for premium real estate, driven by improved infrastructure and increasing demand.
The GHMC and HMDA have halted building permissions near Hyderabad's water bodies due to confusion over full tank levels (FTL) and buffer zones, stalling nearly 400-500 projects.
Kanakia Spaces Realty has secured redevelopment rights for two aging housing societies in Borivali, Mumbai, for ₹208.53 crore under Maharashtra's cluster redevelopment policy.
The SRFDCL has relaxed the qualification criteria for bidders and clarified parking regulations to encourage more participation in its riverfront development project in Ahmedabad.
The Maharashtra Cabinet has approved the utilization of 255 acres of salt pan land in Mumbai for slum rehabilitation, with the Adani Group overseeing the project.
The Maharashtra Cabinet has approved the use of 255 acres of salt pan land in Mumbai for slum rehabilitation, with Adani Group leading the redevelopment.
Boodati Lakshminarayana, MD of Sahiti Infratec, was arrested by the ED for a ₹360 crore scam involving fraudulent "pre-launch offers" for residential units without regulatory approvals. Over 700 homebuyers were defrauded, with funds diverted for personal use and laundered. The ED seized assets worth ₹161.5 crore, and investigations continue.
Aranyakaa Farms has launched H2O – Harvesting a Brighter Tomorrow, a 61-acre sustainable farmland project near Bangalore to address water scarcity. The initiative includes rainwater harvesting, recharging wells, and a man-made lake, aiming for long-term water security. Positioned in the Hosur Economic Corridor, it features eco-friendly community spaces like a green architecture clubhouse and organic farming Gaushala, promoting sustainability while offering investment potential.
Bengaluru saw its second driest September in 2024, recording only 23.9 mm of rainfall, yet sudden downpours caused severe waterlogging. Poor urban planning and encroachment on water channels were blamed for the flooding despite near-normal monsoon levels.
Xanadu Realty has partnered with Delta Group, Bhagwati Group, and Pyramid Group to launch Celestria, a ₹1,800 crore residential project in Airoli, Navi Mumbai. Spanning 1 million square feet, it will offer nearly 1,000 units of two, three, and four-bedroom apartments priced from ₹1.4 crore to ₹4 crore. This development aims to meet the growing demand for high-quality housing in the region, combining luxury and modern amenities in an emerging residential hub poised for significant growth.
TVS Emerald has acquired 4-acre land parcels in Thanisandra, North Bengaluru, and Padur, Chennai, aiming to expand its presence in high-demand residential markets with a combined potential revenue of ₹900 crore.
Kerala continues to struggle with illegal sand mining despite a statewide ban since 2016, with 425 cases reported in 2023-24.
Signify has appointed Indian cricket legend Rahul Dravid as its brand ambassador for the next two years, aligning with its focus on innovation and consumer engagement in India. Dravid's values of integrity and dedication complement Signify's commitment to exceptional lighting solutions, aiming to strengthen the brand's connection with Indian consumers.
A 35-year-old man from Pune has been arrested for allegedly defrauding buyers in a ₹100 crore real estate scam over four years. He lured victims with below-market offers on properties and misused their funds, prompting an investigation into potential complicity from a bank employee. Authorities emphasize the need for caution in the real estate market amid rising fraud cases.
Property Share Investment Trust has submitted draft papers for a ₹353 crore IPO, marking India's first small and medium real estate investment trust (SM REIT), aimed at enhancing public investment in commercial properties.
Ambuja Cements has become the first global cement company to join the Alliance for Industry Decarbonization, reinforcing its commitment to achieving net-zero emissions by 2050.
Maharashtra's new draft housing policy focuses on affordable housing for EWS, LIG, and MIG, aiming to address the state's housing shortage through initiatives like slum redevelopment, land banks, and rental housing zones.
Lucknow leads Uttar Pradesh in rooftop solar panel installations under the PM Surya Ghar Yojana, with significant contributions from cities like Kanpur, Agra, Varanasi, and Prayagraj.
Puravankara is targeting Dubai-based NRIs with property offerings, capitalizing on the 84.4% surge in NRI deposits in 2023-24.
Union Commerce Minister Piyush Goyal pledged to address financing challenges in the real estate sector during the CREDAI conference, emphasizing the need for improved access to bank loans and streamlined approval processes.
NBCC has proposed to take over and complete 17 stalled Supertech projects, offering relief to nearly 27,000 homebuyers stranded due to the developer's financial troubles.
91Springboard has expanded in Hyderabad with a 48,000-square-foot co-working space to meet the rising demand for flexible office solutions.
Shreyas Iyer and his mother recently purchased a ₹2.90 crore apartment in Mumbai's upscale Worli area, adding to his expanding real estate portfolio.
HYDRAA's demolition drive in Hyderabad is focused on removing illegal structures and reclaiming public lands and water bodies to protect the city's resources and promote sustainable urban development.
Stand-up comedian Munawar Faruqui has purchased a ₹6.09 crore luxury apartment in the under-construction Lodha Aura project in Wadala, Mumbai.
Rising Sun Holdings, led by Adar Poonawalla, has acquired 1.75 lakh square feet of office space in Pune's Cerebrum IT Park for ₹395 crore, marking a significant investment in the city's commercial real estate sector.
India's Nifty index has reached new highs, driven by strong performance in the real estate and financial sectors, with a 2% weekly gain and 17% year-to-date rise.
The Enforcement Directorate (ED) has seized over ₹42 crore in cash and jewellery during raids connected to retired NOIDA Authority CEO Mohinder Singh.
Womeki Group launches the “Eye of Goa,” a luxury residential project at Kalavi Beach, Sindhudurg, offering premium plots and eco-friendly villa apartments
To secure Noida's future as a sustainable and livable city, proactive and immediate action is needed to address the mounting challenge of construction and demolition (C&D) waste.
Inorbit Malls has acquired a 6.5 lakh square feet retail property, Akshay Sky Mall, in Hubballi, marking a significant investment in India's Tier II real estate market.
Morgan Stanley has leased 1 million sq. ft. of office space at Oberoi Commerze III in Mumbai for ₹15.96 crore per month, marking one of the city's largest rental deals. T
Goa CM Pramod Sawant has instructed an investigation into the controversial Bhutani project in Sancoale, with the potential to cancel the project if irregularities in approvals are found.
The Noida Metro Rail Corporation (NMRC) has issued an expression of interest for three prime commercial plots near the Okhla Bird Sanctuary metro station, covering 44,151 square meters.
Deepika Padukone's company, KA Enterprises, purchased a luxury apartment in Bandra West for Rs. 17.78 crore, while her mother-in-law, Anju Bhavnani, acquired an adjacent property for Rs. 19.13 crore.
Awfis Space Solutions has expanded its footprint with a 30,221 square foot office in GIFT City, Gandhinagar, boosting its total built-up area in Ahmedabad to 83,500 square feet.
The Goa Coastal Zone Management Authority (GCZMA) has demolished illegal constructions in Anjuna's no-development zone to enforce Coastal Regulation Zone (CRZ) norms and protect the coastal ecosystem.
Table Space plans to invest ₹4,500 crore to add 9 million square feet of office space across major Indian cities, capitalizing on the rising demand for flexible and managed workspaces.
DLF is expanding its retail portfolio with three new malls in Delhi, Gurugram, and Goa, aiming to increase its managed retail space from 5 to 6.3 million square feet.
Prithviraj Sukumaran, the renowned Malayalam actor and filmmaker, has expanded his real estate portfolio with the purchase of a ₹30.6 crore luxury duplex in Mumbai’s exclusive Pali Hill.
Gaurs Group has invested Rs 1,600 crore to develop 'Gaur NYC Residences,' a luxury residential project in Ghaziabad, with all 1,216 apartments sold out in just three days.
The Goa government directed the House of Abhinandan Lodha to withdraw a controversial advertisement that offended locals by using the phrase "Conquer Goa," sparking widespread criticism.
Chief Minister N Chandrababu Naidu has taken a firm stance against illegal sand mining in the Chirala constituency, ordering an inquiry in response to widespread local complaints.
Maharashtra has launched a major affordable housing initiative in Mumbai for dabbawalas and charmakars, aiming to build 12,000 homes over the next three years under PMAY.
The Nagpur Municipal Corporation (NMC) is facing significant property tax collection issues due to widespread delivery failures by India Post, with 33.53% of invoices returned undelivered.
TREVOC Group has launched TREVOC Royal Residences in Gurugram, a 27-story ultra-luxury project with an estimated revenue potential of INR 1000 Crore.
The Nashik Municipal Corporation (NMC) is outsourcing the identification of rented residential properties to private agencies due to manpower shortages.
Rambhav Gattu, Chief Manufacturing Officer of Adani-backed Ambuja Cement, was arrested in Odisha for allegedly attempting to bribe a government official with ₹2 lakh concealed in a box of sweets.
Track3D, an AI-focused startup, has secured $4.3 million in seed funding to advance its reality intelligence platform for construction, enhancing AI-driven progress monitoring.
The Bangalore Development Authority (BDA) faces difficulties selling over 3,500 affordable flats due to Vastu Shastra concerns, location, and infrastructure issues.
Puravankara has acquired the redevelopment rights for Miami Apartments in the upscale Breach Candy area of South Mumbai, marking its entry into the city's luxury real estate market.
The MHADA Lottery 2024 has attracted over 68,000 applications for 2,030 affordable homes, following a price reduction of 10% to 25% for 370 units.
The Brigade Group's coworking brand, BuzzWorks, has expanded into Hyderabad with a 25,000 square feet office space, tapping into the city's growing demand for flexible workspaces.
Over the past nine years, Gujarat has built over 14.25 lakh homes under the Pradhan Mantri Awas Yojana (PMAY), significantly improving housing for both urban and rural communities.
Sumitomo Corporation has acquired an 8,054-square-meter plot in Mumbai's prime Worli area from Bombay Dyeing for ₹440 crore, highlighting Mumbai's continued appeal to global investors.
Microsoft's acquisition of a 16.4-acre land parcel in Pune's Hinjewadi for ₹520 crore highlights its commitment to expanding its footprint in India's technology sector.
Godrej Properties raised ₹64.6 crore through debentures to strengthen its capital base for project development, land acquisition, and debt refinancing.
Haryana RERA's new regulation mandates developers to obtain consent from at least two-thirds of homebuyers before making any changes to project layouts, enhancing transparency and protecting consumer rights.
The Gujarat government's new FSI incentives promote sustainable urban development by offering additional floor space for green buildings that meet environmental standards.
Incuspaze has leased 3.25 lakh square feet of office space in Bengaluru, capitalizing on the rising demand for flexible workspaces driven by hybrid work models and the growth of startups and SMEs.
Signature Global has awarded Ahluwalia Contracts the construction of its premium project, De-luxe DXP, offering modern living with advanced amenities in Gurugram.
Deloitte has signed a lease for 80,849 sq. ft. of premium office space in Mumbai’s Oberoi Commerz III, with a monthly rent of ₹2.09 crore and a 15% escalation after 36 months.
CapitaLand Investment has plans to diversify its portfolio, tapping into emerging sectors such as data centres, logistics, industrial parks, and renewable energy.
Arbour Investments has acquired a $7 million stake in Justo, a leading real estate mandate player, to enhance its market presence and service offerings in the mid-market developer segment.
Anupam Kher has purchased an 887 sq ft commercial office space in Mumbai’s Andheri area for ₹3.88 crore, marking his entry into the commercial real estate market.
Punjab government has announced that property registrations in unauthorized colonies across the state can now proceed without the previously mandatory No Objection Certificate (NOC).
Raymond Group, one of India's oldest and most diversified conglomerates, is set to undergo a significant transformation by the end of 2025, with plans to publicly list its real estate unit.
Prestige Exora Business Parks, a subsidiary of the Bengaluru-based Prestige Estates, has secured a prime 4.57-acre land parcel in the bustling Kharadi area of Pune.
AIPL, India’s leading real estate development and hospitality enterprise, is thrilled to announce the grand opening of Club Aqua at AIPL DreamCity, Ludhiana.
Omaxe Group has announced the launch of "The Omaxe State," a groundbreaking project in Dwarka, New Delhi, with an investment of INR 2,500 crore.
Godrej Properties has acquired two prime housing plots in Gurugram through an e- auction, with a potential revenue of ₹3,400 crore, further strengthening its NCR portfolio in the luxury real estate market.
PVR-INOX plans to close 70 underperforming screens in FY25 while adding 120 new ones, focusing on profitability and a capital-light growth model.
Jio Financial Limited (JFL) is set to disrupt India's home loan market with competitive rates and a seamless digital experience via its JioFinance app.
The Khurpia farm in Uttarakhand will be transformed into a smart industrial city with a Rs 6,180 crore investment, creating 75,000 jobs.
IBM has leased 8.3 lakh square feet of office space at Embassy GolfLinks in Bengaluru, reinforcing its long-term commitment to expanding operations in India.
The NCDRC's landmark ruling empowers homebuyers to seek refunds if builders fail to deliver promised amenities, addressing longstanding issues in the real estate sector.
The Andhra Pradesh government has established District Command Centers (DCCs) to regulate sand sales and curb illegal activities, aiming to ensure transparency.
The Ulhasnagar Municipal Corporation has ordered the demolition of a 16-storey illegal building that violated planning regulations.
Urban Vault has leased 100,000 square feet at Brigade Summit in Whitefield, marking its expansion into a key office market.
Kartik Aaryan has rented out his luxury Juhu apartment for ₹4.5 lakh per month, reflecting strong demand and high rental yields in Mumbai's competitive real estate market.
SEBI Chair Madhabi Puri Buch highlighted the positive industry reception to new regulations for small and medium Real Estate Investment Trusts (SM REITs)
NBCC (India) Ltd successfully sold all office and commercial spaces in two major projects, World Trade Centre Nauroji Nagar and Downtown Sarojini Nagar.
M3M India and Oravel Stays have announced a landmark MoU to launch India’s largest SUNDAY Hotel, featuring 220 keys at M3M SkyLoft, Gurugram. T
The Hive Hostels has secured Rs 11.5 crore in pre-IPO funding from prominent investors and is preparing for an IPO next year.
JP Morgan has leased 5.6 lakh square feet of office space at Embassy TechVillage in Bengaluru, highlighting the city’s growing importance as a global business hub.
Kangana Ranaut's recent ₹1.56 crore acquisition of an office space in Andheri highlights her strategic investment in Mumbai's growing commercial real estate market.
HouseEazy, a prop-tech startup based in Noida, has successfully raised $7 million in a Series-A funding round.
The Gujarat government has announced a policy shift to regularize unauthorized constructions in rural areas with up to 4.5 FSI, aligning with the Gujarat Regularisation of Unauthorised Development Act 2022.
Oberoi Realty is developing a 1.8 million sq ft mixed-use complex in Mumbai's Worli, featuring a mall, boutique hotel, and office space.
An Adani Group promoter entity sold a 2.76% stake in Ambuja Cement for ₹4,254 crore through a block deal, aiming to reduce overseas debt and invest in strategic projects like the Dharavi Slum Rehabilitation.
The Lucknow Development Authority (LDA) has secured over 12 hectares of land for the Edu City project, advancing its vision of a world-class educational hub.
The Supreme Court of India criticized Noida and Greater Noida authorities for prioritizing developers over homebuyers, urging greater accountability to protect buyers' rights.
Nadiadwala Grandson Entertainment Pvt Ltd has leased two flats on the 15th floor of Green Acres CHSL in Mumbai’s Lokhandwala Complex for ₹1.8 lakh per month.
Tribeca Developers is set to finalize agreements for four to five new Trump Tower projects in major Indian cities by September.
The listing of a 4BHK apartment in Bengaluru's Kingfisher Towers for Rs 50 crore highlights the rising value of luxury real estate in the city.
The Rustomjee Group has launched "Verdant Vistas," a luxury residential project in Thane with a GDV of ₹1,750 crore, in collaboration with Keppel.
Aranyakaa Farms leading in managed farmland, has reported a remarkable appreciation with an increase of up to 75% in farmland value across nine projects in just three years.
Sonakshi Sinha's Bandra apartment, listed for Rs 25 crore, has garnered attention due to its prime location, modern design, and celebrity ownership.
The Chintels Paradiso residential complex in Gurgaon faces a severe crisis, with Tower C declared unsafe due to rapid corrosion and structural failures.
Prestige Group is set to invest Rs 10,000 crore by FY25 in land acquisition and project development, aiming to strengthen its market presence and achieve ambitious sales targets.
The Mumbai Crime Branch arrested two men for creating a fake MHADA website, duping hopeful applicants in the 2024 lottery scheme.
Shapoorji Pallonji Group has consolidated its real estate assets under the new entity, Shapoorji Pallonji Real Estate (SPRE), to enhance operational efficiency a
Axis Ecorp's collaboration with FOIC and Moneytree Realty introduces fractional ownership of luxury suites in North Goa, making high-end real estate investments more accessible.
The DDA’s new General and Dwarka Housing Schemes provide affordable and premium housing options, addressing diverse needs across Delhi.
KDMC's demolition of a 10-floor illegal building in Kalyan-Dombivli emphasizes the need for strict enforcement of urban regulations.
The Swamitva Yojana is designed to address the longstanding issue of land tenure insecurity in rural areas by providing property cards to those residing in Abadi Deh areas.
Smartworks Coworking Spaces has filed with SEBI for an IPO to raise ₹550 crore, with plans for loan repayment, capital expenditures, and general corporate purposes.
In a recent move, Karnataka has temporarily banned any changes in land use within the Western Ghats while proposing a comprehensive master plan to ensure the area's long-term protection.
The Enforcement Directorate has attached ₹678 crore worth of assets from the Avantha Group as part of loan nvestigation involving Gautam Thapar and others.
Walplast Products Pvt. Ltd. has introduced HomeSure MasterTouch WaterLock, a new waterproofing solution designed to protect homes and buildings from water damage.
The Indian government has revised the Pradhan Mantri Awas Yojana (PMAY) to lower income eligibility for interest subsidies and reduce the maximum subsidy amount, enhancing inclusivity.
Reliance Infrastructure has established Reliance Jai Properties Private Limited to tap into India's expanding real estate market.
Deceptive website impersonating MHADA's lottery system have misled applicants into making unauthorized payments.
hBits has launched a ₹63-crore commercial space in Pune, offering investors fractional ownership with high returns, highlighting the growing trend in India's real estate sector.
Colliers India successfully delivered two landmark projects for Fortius Infra in Bengaluru, showcasing the impact of strategic partnerships.
Pratik Vira is facing charges for allegedly using forged documents to claim 71 properties and defraud his partners of ₹13.65 crore.
Kempegowda International Airport in Bengaluru won seven awards at the FAB + Hospitality Conference, including honors for its 080 Lounge and innovative restaurant designs. T
The Comptroller and Auditor General (CAG) criticized the Indian Railways for a ₹835 crore loss due to a flawed land development decision in Bandra East, Mumbai.
NBCC (India) Ltd has secured a ₹15,000 crore project to develop a 406-acre satellite township in Srinagar, including residential, commercial, and recreational spaces
Saugata Gupta and Reema Sen’s purchase of a ₹36.4 crore apartment in Mumbai’s Birla Niyaara reflects the strong demand in the city's luxury real estate market.
The Greater Noida Authority raised ₹1,500 crore from selling five group housing plots, with bids exceeding reserve prices by 128%.
Blackstone's ₹4,550 crore sale of Nexus Select Trust units reflects a strategic shift in India's REIT market, emphasizing the growing appeal of retail-focused REITs.
Yohan and Michelle Poonawalla have acquired a 30,000 sq. ft. mansion in Mumbai's Cuffe Parade, which they plan to transform into a luxurious secondary residence.
The Delhi Development Authority's Sasta Ghar Housing Scheme 2024 offers around 34,000 affordable flats to LIG and EWS residents in Delhi, aiming to alleviate housing shortages in the city.
Civil Engineer's Social Media Post on Kolkata High-Rise Water Leaks Highlights Nationwide Issue
Real Estate Stocks Surge as Government Proposes Amendments to LTCG Tax Rules
Centre Denies Metro City Status to Bengaluru, Impacting HRA Tax Exemptions
Haryana Cabinet Approves Amendments to Mukhya Mantri Shehri Awas Yojana
Retired Police Officer Duped of Rs 14.70 Crore in Real Estate Investment Fraud
Gurugram Administration Orders Evacuation of Chintels Paradiso Tower J Citing Serious Structural Risks
Ahmedabad’s Sabarmati Riverfront Corporation Is Set To Auction of Prime Plots For Urban Transformation
RMZ Corp and CPP Investments Sell Chennai Office Space to Keppel Ltd for Over Rs 2,200 Crore
Delays in Major GMADA Housing Projects Impact Mohali's Real Estate Market
Gautam Adani Plans Retirement at 70: What’s The Group's Succession Plan?
UP to Build a New Township in Ghaziabad, Named Harnandipuram
Understanding the Importance of Occupancy and Completion Certificates in Real Estate
Sanjeev Jain, CEO of Parsvnath Developers, Arrested After 60-Kilometre Police Chase
Bharat Realty to Build Sixth Taj Hotel in Goa: ₹300 Crore Project to Begin in September 2024
Ambuja Cements to Invest Rs 1,600 Crore in Bihar Cement Grinding Unit
Ola Group Executive Amit Anchal Purchases ₹13.5-Crore Villa in Bengaluru
Lemon Tree Hotels to Open New Property in Nashik, Strengthening Maharashtra Presence
Prestige Estates Eyeing Four Project Launches Across Mumbai and Bengaluru in Q2 FY25
CBI Detains NBCC Deputy General Manager for Allegedly Taking Bribe
Puravankara Limited Plans To Expand Into Delhi-NCR Market in FY26
Whiteland Corporation Announces Early Delivery of Urban Cubes 71 with Focus on Quality and Sustainability
Bhive Expands Footprint in Brigade Metropolis with New Lease of 42,000 Sq Ft
Godrej Properties Expands into Indore with 46-Acre Land Acquisition
Mindspace Business Parks REIT Reports 9.2% Increase in Operating Income, Revenue Up 11% in Q1 FY25
DLF To Enter Goa Market with Launch of Luxury Villas Priced at ₹40-50 Crore
JMS Group Acquires Prime Land in Sector 95A, New Gurugram for Major Housing Project
UltraTech Cement Plans to Acquire 32.72% Stake in India Cements for Rs 3,954 Crore
Aryan Khan Buys ₹37 Crore Property in Delhi with Special Family Connection
L&T Realty, Valor Estate to Co-develop ₹20,000 Crore Project in Mumbai's BKC
DLF-GIC JV Firm DCCDL's Office Rental Income Rises 11% to Rs 942 Crore in Q1
WeWork India Renews Lease for 1.4 Lakh Sq Ft Office Space in Mumbai
Tamara Leisure Expands with New Lilac Hotel in Kumbakonam, Enhancing Pilgrimage Tourism
The Raipur Municipal Corporation (RMC) has directed all real estate developers to construct at least 50 rainwater harvesting pits using innovative technologies in their respective townships.
Dilip Kumar’s Apartment Redevelopment: Apco Infratech Pvt Ltd Acquires ₹155 Crore Sea-View Apartment in Mumbai's Pali Hill
DLF Unveils Plans for ₹1.04 Lakh Crore Real Estate Projects in the Medium Term
FONRWA Meets with CEO of Noida Authority to Demand Action on Civic Issues
Kerala Government to Reduce Building Permit Fees by Up to 60%
Bhutani Group Acquires Stake in WTC Noida to Complete Stalled Projects
Keppel Acquires Major Office Asset in Chennai for ₹2,100 Crore
Real Estate Stocks Decline as Budget 2024 Removes Indexation Benefit on Long Term Capital Gains Tax
Ayodhya Development Authority Releases Lists of Approved Realty Projects to Protect Investors
NCLT Begins Insolvency Resolution Process Against Supertech
JSW Group Buys Office Spaces Spanning 52,000 Sq Ft for ₹88 Crore in Mumbai
ASK Property Fund Invests ₹190 Crore in Kalpataru’s Mumbai Project
ED Attaches ₹300 Crore Worth of M3M India Properties in Gurugram Land Release Case
Eldeco and Purvanchal Projects Secure Group Housing Plots Near Noida Airport for Rs 246 Crore
COWRKS Expands Flexible Workspace Footprint, Leases 1.4 lakh Sq Ft Across Major Cities
DLF to Expand Housing and Commercial Property Business; Entering Goa and Mumbai
MHADA Auctions Five Plots in Mumbai for Over ₹192 Crore
UrbanWrk Inaugurates Its New Flexi Space Centre At Baani The Statement, Gurugram
Altern Capital Launches Maiden Real Estate Fund with a Target of ₹250 Crore
Twinkle Khanna Rents Two Apartments for ₹1.85 Lakh Per Month in Mumbai
38 Builders in Greater Noida Face 1% Project Cost Fines for Unauthorized Groundwater Extraction
Builder Ordered to Pay Homebuyer ₹1.1 Lakh for Delay in Possession By Chandigarh State Consumer Disputes Redressal Commission
Rustomjee Group Launches Ocean Vista: 32 Luxury Sea View Apartments Worth ₹600 Crore in Mumbai's Versova
Resident Welfare Association (RWA) of Noida's Sector 145 Protest Against Delayed Plot Transfers
Jammu Smart City Plans To Build Green Buildings Along Twai River
BCD Group Secures General Civil Contract of Rs 184 Crore for Major Housing Project in Bengaluru
Signature Global to Launch Housing Projects Worth ₹13,000 Crore by March 2025
The Family Of Chairman Of Lloyds Group Buys Triplex Apartment For Rs 107-Crore Property in Worli
Brigade Group Launches New Housing Tower Near Bengaluru Airport, Expects Over ₹400 Crore Revenue
Haryana CM Nayab Singh Distributes Property Certificates to 5,000 Traders
Bombay High Court Denies Bail to Sanjay Chhabria in Yes Bank-DHFL Scam Case
SEBI Set to Auction HBN Dairies' Properties in August 2024
Delhi High Court Issues Notice in Yuvraj Singh's Plea for Sole Arbitrator
Chhattisgarh Cabinet Announces Key Reforms: Affordable Housing for 47,000 Families and Procurement Overhaul
Government Launches Aggressive Drive to Evict Land Encroachers in Odisha
Haryana RERA Imposes 5 Crore Penalty on Vatika Limited for Registration Delay
Redbrick Offices’ Subsidiary Red Fox Acquires 22 Commercial Units in Mumbai, Andheri for ₹267 Crore
Lodha One's 'Emperor Palace' Penthouse Sold for ₹37 Crore: One Of The Most Expensive Luxury Property Deal in Pune
Madras High Court Orders Free House Site Pattas for 500 SC Families
Actor Ronit Roy Buys apartment worth Rs 18.94 crore in Mumbai’s Versova
Tata Realty Secures ₹825 Crore Loan from IFC for Ramanujan Intellion Park in Chennai
Experion Purchases 8-Acre Land Parcel in Gurugram Worth ₹400 Crore
Andhra Pradesh Government Aims to Complete 8 Lakh Houses by March 2025
Whiteland Corporation and Marriott International sign an agreement to introduce Westin Residences to Gurugram
Raymond Ltd. Announces Demerger, Plans to List Realty Vertical Separately
GLADA Penalized for Unfair Practices and Service Deficiencies in Plot Allotment Case
Brigade Group to Develop 8-Acre Housing Project Worth ₹1,100 Crore in Bengaluru
Smart Cities Mission Deadline Extended Till March 2025, Allowing Cities to Complete Ongoing Projects
Puravankara Acquires 7.26 Acre Land in Bengaluru for ₹900 Crore Housing Project
ICICI Prudential AMC Purchases Commercial Office Space in Santacruz, Mumbai For ₹315 Crores
Haryana Government Approves Construction of Stilt and Four Floors in Few Specific Residential Sectors
Tamannaah Bhatia Leases Commercial Property for ₹18 Lakh/Month and Mortgages Flats Worth ₹7.84 Crore
BAF and RERI Sign MoU to Enhance Bengaluru's Residential Communities and Empower Homebuyers
Ashiana Housing Launches Third Phase of Premium Project Ashiana Ekansh In Jaipur
Bombay High Court Criticizes Maharashtra Government and SRA Over Redevelopment Project Delay
Aamir Khan Expands Real Estate Portfolio, Buys New Apartment in Pali Hill, Mumbai for ₹9.75 Crore
Maharashtra Budget 2024: ₹7425 Crore Allocated for Construction of 35 Lakh Affordable Homes
Oberoi Realty Expands into NCR with Major Land Acquisition in Gurugram
Godrej Capital to Enter Affordable Home Loan Segment in Current Fiscal Year
Mindspace REIT Raises ₹650 Crore from IFC via Sustainability Linked Bonds
Sattva Group Announces ₹12,000-14,000 Crore Investment Plan, Eyes IPO for Simpliwork
JK Cement Boosts Production Capacity with the Addition of New Grinding Unit at Prayagraj
Krisumi Group to Invest Rs 2,000 Crore in 1,051 Luxury Apartments in Gurugram
Prestige Estates Taps Four Investment Banks for Rs 5,000-Crore QIP
Birla Estates Acquires 16.5 Acres Land in Pune for Rs 2,500 Crore Housing Project
Developers of 195 Projects Set Up Grievance Redressal Cells to Handle Homebuyers' Complaints; MahaRERA Review
Prestige Estates' Board Approves Plan For ₹5000 Crore Fund Raising via QIP & Other Modes
Dalmia Bharat Aims To Achieve Interim Capacity Of 75 Million Tonnes By FY27
Municipal Corporation of Delhi (MCD) Offers 10% Rebate On Property Tax Payments Until June 30th
Nisus Finance Invests Rs 155 Crore in Dharmadev Group's Affordable Housing Project in Gujarat
Brigade Group to Develop Third World Trade Center Tower in Kochi
MHADA to Provide 11 Months' Rent in One Instalment to Eligible Tenants in BDD Chawl Redevelopment Project
Experion Developers Launches Noida's First EV Parking Apartments
L&T Secures Major Orders for Building Projects in Mumbai and Hyderabad
Nila Spaces Limited Buys Land in GIFT City for Rs 342 Crore for Residential Project
Jindal Stainless Acquires Remaining 46% Stake In Chromeni Steels For Rs 278 Cr, Secures Full Ownership
Mahindra Lifespace Aims for ₹8000-10,000 Crore in Housing and Industrial Sales by FY28
The Telangana government has announced significant changes to property registration charges, set to take effect from August 1.
In a bid to expedite the sale of their under-construction and ready-to-move inventory, property developers in Gurugram have doubled broker commissions, according to a recent report by the Financial Express.
MOHUA Urges Real Estate Sector to Prioritize Rainwater Harvesting for Sustainable Housing Projects at the 3rd NAREDCO Mahi convention
Rustomjee Group, a prominent name in Mumbai’s real estate sector, has unveiled its latest venture, the ‘Rustomjee 180 Bayview’ project in Matunga West.
N. Chandrababu Naidu's recent win has caused a big surge in Amaravati's real estate market, with property prices skyrocketing by 50-100%.
MC Securities Pvt Ltd, a subsidiary of global trading firm IMC Trading, has secured an office space in Mumbai's Bandra Kurla Complex (BKC) for Rs 700 per square foot.
Raymond Ltd announced that its real estate arm, Raymond Realty, has been chosen for the redevelopment of MIG VI CHS Ltd in Bandra East, Mumbai.
Karnataka Deputy Chief Minister D K Shivakumar, who oversees Bengaluru Development, announced a significant initiative for property owners in Bengaluru, called The 'One Time Settlement' (OTS) scheme
Tribeca Developers, the exclusive licensee for Trump Organization-branded luxury properties in India, is set to expand its portfolio with several new projects across the country.
Extra 21 Acres Allocated to Dharavi Redevelopment Project by Maharashtra government.
Sobha Limited, a renowned real estate developer based in Bengaluru, has unveiled plans to raise ₹2,000 crore through a rights issue.
Brigade Group, one of the prominent real estate developers, has announced a substantial expansion plan in Chennai, targeting nearly 15 million square feet of residential, office, retail, and hospitality space by 2030.
SIAM Cement BigBloc Construction Technologies Pvt Ltd, a joint venture between Gujarat based BigBloc Construction Ltd and Thailand's SCG International Corporation Co., Ltd., (SCG International) has initiated its India operations.
UK Consulate Acquires Office Space in Mumbai's Lower Parel Area for ₹101.2 Crore
Oberoi Realty Plans Twin Tower Development Near Mumbai's Three Sixty West
MahaRERA Suspends Registration of 1,750 Lapsed Real Estate Projects in Maharashtra
The Federation of Noida Residents Welfare Associations (FONRWA) Demands Regularisation of Unauthorised Construction
Real Estate Developers and Homebuyers Oppose UPRERA’s Occupancy Certificate Rule
Chandigarh's Municipal Corporation achieves a record-breaking property tax collection for the fiscal year 2024-25, highlighting effective tax administration and civic responsibility.
Explore the latest on RERA Gurugram's inspection of eight significant under-construction projects along the peripheral roads of Gurugram, led by Chairman Arun Kumar.
Ashar Group Announces the Launch of Residential Project- ‘Ashar Merac' in Thane
Phoenix Mills is embarking on a major expansion plan in Thane and Bengaluru, focusing on mixed-use developments that include retail, hospitality, and potentially residential components.
Birla Estates and Barmalt India Collaborate For Development Of Premium Residential Project Spread Across 13.27-Acre Land in Gurugram
A recent report by the Yamuna Expressway Industrial Development Authority (YEIDA) reveals that 17,000 out of 34,000 plot allottees in Greater Noida have not received possession due to ongoing court disputes.
Embassy REIT completes ₹1,200 crore debt-funded acquisition of Embassy Splendid TechZone in Chennai, adding 50 lakh sq ft to its office assets portfolio.
Royal India Corporation Limited (RICL) Accelerates Real Estate Expansion Plans
Explore how sustainability is reshaping the real estate industry. Discover insights from industry leaders on innovative practices, green building, and transformative trends.
Puravankara's recent acquisition of a sizable land parcel in Thane signals its ambitious foray into Mumbai's real estate market.
DLF, a Delhi NCR-based real estate developer, witnessed a significant increase in NRI investment, reaching 23% of total sales in FY24, the highest since FY21.
Reliaable Developers Leading the Way in Bangalore's Plotted Development Market
The Department of Town and Country Planning (DTCP) in Haryana has revoked occupancy certificates (OC) for 58 properties in Gurugram due to unauthorized construction of fourth floors, breaching building regulations.
The Karnataka Real Estate Regulatory Authority (KRERA) has ordered the owners' association to take over and complete the delayed Commune One project in Bangalore after the developer and financier violated regulatory orders.
The Maharashtra Housing and Area Development Authority (MHADA) has raised concerns over the safety of 20 residential buildings in South Mumbai.
Oberoi Realty, a prominent Mumbai-based real estate firm, is set to expand its footprint with the launch of new projects in Gurugram, Worli, and Thane.
The Brihanmumbai Municipal Corporation (BMC) surpassed its property tax collection target for FY 2023-24, collecting Rs 4,856 crore, 8% over the revised target of Rs 4,500 crore.
Haryana's DTCP may demolish illegally built fourth floors on residential plots due to non-compliance with building approvals.
Godrej & Boyce Manufacturing Co. Ltd has recently sold two office spaces located in the prestigious Godrej One tower in Vikhroli, Mumbai, to Godrej Industries Ltd for a total of Rs 157 crore.
Rustomjee Group, also known as Keystone Realtors, is set to enter the data centres segment and initiate plotted development projects near Mumbai.
Google expands its presence in India with a new office lease in Bengaluru, renting 649,000 square feet for Rs 4 crore monthly.
Indiabulls Real Estate and Fama Real Estate, a wholly-owned subsidiary, have acquired Embassy Property Developments (EPDPL)’s residential development projects in Bengaluru and Chennai.
YEIDA plans to acquire 6,000 hectares of land near Noida International Airport for urban development, focusing on residential, commercial, and industrial sectors.
The government has issued mandatory quality norms for asbestos and fibre cement products to curb sub-standard imports and boost domestic manufacturing.
Brigade Group has signed a Joint Development Agreement to develop a residential project on Old Madras Road, Bengaluru, featuring 0.8 million sq ft of premium living space.
Bengaluru Airport City is set to undergo a major transformation with the development of a two million square feet business park, a 775-room hotel, and a state-of-the-art concert arena.
Kolkata is set to welcome its first-ever integrated business park, Intellia Business Park. The project is a joint venture between three real estate companies: Srijan Realty, PS Group, and Signum Group.
YEIDA, the Yamuna Expressway Industrial Development Authority, is set to launch an affordable housing scheme near the Noida airport, offering residential plots suitable for middle-class homebuyers.
L&T Realty has entered into a joint development agreement with Jagdale Infrastructure Pvt Ltd for a significant slum rehabilitation project in Thane, near Mumbai.
Shriram Properties has signed a Joint Development Agreement for a 4-acre land parcel in Yelahanka, Bengaluru.
Smartworks, a leading managed workspace platform, has significantly expanded its presence in Pune by adding 6 lakh sq. ft. of office space in a commercial tower named 43 EQ near Balewadi High Street.
:In fiscal year 2023-24, the Noida Authority surpassed its investment target by securing ₹103,000 crore, allocating land to 149 diverse projects such as IT, corporate houses, and housing.
Columbia Pacific Communities is expanding its senior living projects to four new cities, including Pune, Hyderabad, Kottayam, and Kochi, aiming to provide quality living solutions for the aging population.
Godrej Properties has significantly bolstered its portfolio by acquiring 10 land parcels during FY24, with plans to develop residential projects valued at over ₹21,000 crore.
DLF Limited unveils two prestigious projects, The Camellias 2 in Gurugram and super-luxury villas in Goa, signaling a paradigm shift in luxury real estate.
Discover Vedanta's strategic initiatives as it announces plans to raise capital and distribute dividends.
Discover the contentious issue of GST application on Joint Development Agreements (JDAs) in India's real estate domain.
Strata, a key player in India's commercial real estate sector, is set to apply for an SM REITs license as per SEBI's guidelines.
Dalmia Bharat Ltd has enhanced its cement production capacity by 1 million tons with a ₹204 crore investment in a new cement mill at its Ariyalur facility in Tamil Nadu.
Certus Capital invests ₹125 crore in a new residential project in Chennai, spearheaded by Casagrand, aiming to fortify its presence in the real estate credit market through Earnnest.me.
YEIDA facilitated the execution of 4,000 registries, granting ownership rights to homebuyers across three projects.
Gurugram-based realty firm, Signature Global Ltd, is setting a target of selling housing properties worth ₹10,000 crore in 2024-25.
Nippon Paint, the No. 1 paint in Asia Pacific, launched its new product, Weatherbond 8, in Bengaluru.
Skootr, a managed office space provider, unveils ambitious expansion plans, targeting an addition of 5 million sqft to its portfolio by FY28.
DLF, a prominent real estate player, is set to introduce luxury projects in Gurugram, Mumbai, and Goa, with a combined sales potential of ₹36,000 crore.
JSW Cement has inaugurated its inaugural production unit in Nagaur, Rajasthan, marking its entry into Northern India.
The surge in Slum Transferable Development Rights (TDR) rates has disrupted Mumbai's real estate market, impacting developers' profit margins and construction timelines.
By 2027, Delhi's Indira Gandhi International Airport's Aerocity is set to unveil India's largest mall, spanning over 2.8 million square feet.
MahaRERA introduces a draft regulation mandating self-certification for real estate projects, focusing on structural integrity, material quality, and fire safety.
Brookfield India Real Estate Trust (BIRET) acquires a 50% stake in Grade A assets from Bharti Enterprises, valued at ₹6,000 crore.
The Greater Noida Authority has warned developers to complete flat registries promptly or face consequences.
Nimbus Realty introduces a new residential project, Nimbus The Palm Village, situated along the Yamuna Expressway in Noida.
Table Space, a prominent provider of premium managed workspace solutions, is expanding its office space portfolio across key Indian cities to meet the increasing demand from corporates.
Arihant Foundations and Housing, a Chennai-based real estate developer, is set to make significant investments in both Chennai and Bengaluru.
Avenue Supermarts Ltd, the parent company of the renowned D’Mart supermarket chain, has recently made a significant real estate investment in Mumbai.
The Navi Mumbai Municipal Corporation (NMMC) has enforced mandatory structural audits for buildings older than 30 years to uphold safety standards and mitigate risks.
Nexus Select Trust, a Blackstone-sponsored real estate investment trust, is actively expanding its portfolio by acquiring additional malls in key locations across India.
Lemon Tree Hotels is making a strategic expansion into Bareilly, Uttar Pradesh, with a new property scheduled to open in FY25.
Waaree Energies Limited and Ecofy have joined forces to offer affordable rooftop solar solutions in India.
Brigade Enterprises has finalized a lucrative ₹660 crore deal for a housing project in Bengaluru, demonstrating its proactive stance in the real estate market.
DLF Ltd's luxury residency project, Privana West, has made headlines with its unprecedented sellout of ₹5590 crore within a mere 3 days.
NAREDCO To Host 2nd Management Development Program – “RERA & REAL ESTATE ESSENTIALS” – Under NIRED
The Shimla Municipal Corporation has extended the property tax payment deadline to July 15th, 2024, addressing administrative hurdles amid staffing shortages.
The Municipal Corporation of Delhi (MCD) has initiated a comprehensive survey to identify dangerous buildings ahead of the monsoon season.
Meta Description: TCG Real Estate has secured Rs 714 crore from State Bank of India to develop the World Trade Centre in Gurugram.
In a bid to understand why many residents haven't claimed their property tax exemption, the Pune Municipal Corporation (PMC) has initiated a pilot survey programme.
Discover the latest trends in the real estate market as the Nifty Realty index plunges amidst a surge in profit bookings.
Embassy REIT announces a significant investment of Rs 3,800 crore to complete ongoing office complexes, reflecting its commitment to meeting the robust demand for premium workspace.
The Noida authority is grappling with significant financial issues as it attempts to collect ₹8,300 crore in dues from commercial project developers.
Birla Estates, a subsidiary of the Aditya Birla Group, has made waves in Mumbai's real estate scene with Silas at Birla Niyaara, boasting sales of Rs 2,500 crore.
Shriram Properties Ltd (SPL) is making waves in Bengaluru's real estate scene with its recent acquisition of a prime four-acre land parcel in Chandapura.
Godrej & Boyce and Godrej Properties have joined forces in a strategic collaboration to market real estate projects, combining their expertise and resources for mutual growth.
CapitaLand Investment Trust (CLINT) has entered a forward purchase agreement to acquire IT buildings in Hyderabad's Hitec City, signaling its strategic move to bolster its real estate portfolio in a thriving technology hub.
Max Estates Limited, a subsidiary of the Max Group, has entered into a binding agreement for a Group Housing Residential development opportunity in Gurugram.
Jindal Stainless has revealed a substantial Rs 5,400 crore expansion plan to bolster its capacity in the steel manufacturing sector.
Kalpataru Ltd has acquired redevelopment rights for a housing society in Mumbai's Lokhandwala, Andheri area, marking a significant step towards revitalising the neighbourhood.
The Greater Noida Industrial Development Authority (GNIDA) plans to conduct an e-auction of group housing plots in June 2024, following the Lok Sabha elections.
Prestige Ocean Towers, a prestigious project by Prestige Group, stands as a hallmark of luxury living in South Mumbai.
Discover how Tulip Infratech sets a new benchmark in Gurugram's luxury real estate sector with the sale of over Rs 300 crore worth of luxury apartments on the launch day of its latest project.
MahaRERA has proposed new regulations to address the lack of clarity surrounding amenities in housing projects.
Nippon Paint, the leading manufacturer in Asia Pacific, expands its retail footprint with the launch of a brand new Nspire store in Bengaluru's Kaval Byrasandra area.
Stonelam, a leading distributor of 100% natural surface materials driven by the ethos of ‘NATURE IS ABOVE ALL’, proudly announces the opening of its new experience centre in Mumbai.
Marking a meteoric rise in the managed farmland sector, Aranyakaa Farms launches a new 61-acre project at Berigai, Sarjapur.
White Lotus, a leading name in Bengaluru's bespoke luxury real estate space, announced the appointment of Chetan CI as its new Chief Operating Officer.
Brookfield Asset Management has announced plans to inject over USD 10 billion into India within the next three to five years, aiming to double its real estate assets under management (AUM) in the country. T
In collaboration with CREDAI, IGBC's initiative is poised to pave the way for millions to find purposeful work in a greener, more sustainable future, aligning closely with IGBC's mission while celebrating CREDAI's 25 years anniversary.
Navrattan Group's Green Cement is reshaping India's construction industry by offering sustainable and eco-friendly alternatives to traditional cement.
WeWork Global is in discussions to sell its entire 27% stake in WeWork India as part of its efforts to overcome financial challenges following its bankruptcy filing in the US.
JK Cement, one of India’s leading manufacturers of grey cement and a prominent white cement producer globally, proudly announces the inauguration of a new production line at its Panna Plant.
Casagrand French Town introduces a new standard of luxury living in Chennai, blending French-inspired architecture with modern amenities
Lohia Global, a prominent player in exports, automotive, and renewable energy sectors, ventures into real estate with Lohia Worldspace
Puravankara's entry into Mumbai's real estate scene is marked by the ambitious Pali Hill redevelopment project in Bandra West.
MahaRERA's recent mandate requires developers to include detailed parking information in sale agreements, aiming to address grievances from flat purchasers and enhance transparency in the real estate sector.
Eldeco Infrastructure and Properties Limited (EIPL) has secured Rs 350 crore from HDFC Capital Advisors Limited, aimed at developing residential projects nationwide.
The Kolkata Municipal Corporation's innovative online portal revolutionizes transparency in real estate by offering vital details about buildings, legal sanctions, and compliance status.
Womeki Group has made waves in the real estate sector with its recent acquisition of a sprawling 34,000 sqft office space in Noida Sector 90, Alphathum.
Reloy, a homeowner loyalty and referral platform for builders, unveils "Connectre 4.0," the latest version of its cutting-edge referral app.
Suraj Estate Developers has acquired freehold land spanning approximately 1,073.42 square meters, located off Lady Jamshedji Road in Mahim (West), Mumbai.
In response to recent security concerns, Goa's Director General of Police, Jaspal Singh, has directed law enforcement to conduct thorough verifications of laborers at all construction sites across the state.
RMZ Corporation, a Bengaluru-based real estate powerhouse, is venturing into global markets with a focus on diversification and sustainability.
UltraTech Cement, India's largest cement producer, announces plans to invest more than ₹800 crore in Maharashtra to enhance its market presence.
MahaRERA has raised concerns by flagging 212 projects in Maharashtra for failing to provide construction updates, highlighting challenges in the real estate sector.
Asian Paints has entered a new segment with the introduction of Neo Bharat Latex Paint, targeting the booming demand in India's paint industry.
India's retail real estate sector is undergoing a significant transformation fueled by economic growth, changing consumer behaviors, and urbanization.
Century Real Estate secures ₹450 crore from Edelweiss for land acquisition and debt repayment.
Real estate firm Sundream Group has unveiled ambitious plans to infuse Rs 250 crore into its Anthurium Business Park project situated in Noida during the upcoming financial year of 2025.
The Adani conglomerate, led by billionaire Gautam Adani, strengthens its position in Ambuja Cements with an Rs 8,339 crore investment, raising its stake to 70.3%.
The Karnataka High Court has pressed for the timely appointment of a chairman for the RERA Appellate Tribunal in Karnataka, highlighting concerns over vacancies and election-related delays.
Kanodia Group, renowned for its presence in the cement industry, has stepped into luxury real estate with a significant acquisition in Gurugram.
In line with its growth strategy, Walplast has recently commercialised two new plants, reinforcing its manufacturing capabilities in the South.
Ambuja Cements solidifies its position in the southern market with the acquisition of a cement grinding unit in Tamil Nadu from My Home Group.
Numax Realcon Consortium has received a license from the Muzaffarnagar Development Authority to develop a sprawling integrated township on 77 acres of land along the Delhi Dehradun Expressway.
IndiaLand, a Dubai-based real estate firm, is set to inject Rs 1,500 crore into India's real estate sector over the next three years.
Brigade Enterprises Limited unveils plans for a significant investment of ₹400 crore in developing Brigade Tech Boulevard, a commercial project in Chennai.
The Brihanmumbai Municipal Corporation (BMC) has issued a strict warning to property owners in Mumbai.
The Noida Authority is taking proactive steps to resolve the issue of pending registries and outstanding dues owed by real estate developers in Gautam Budh Nagar.
The Brihanmumbai Municipal Corporation (BMC) has issued a strict warning to property owners in Mumbai, emphasizing the importance of paying property taxes by the May 25 deadline for the fiscal year 2023-24.
The recent joint inspections by CPCB and HSPCB on brick kilns in Haryana show high compliance with environmental regulations, with 92% of inspected kilns in Hisar adhering to norms.
Piramal Enterprises has invested in a diverse portfolio of real estate projects by Puravankara Group, covering commercial and residential developments across India.
The Noida Authority is taking proactive measures to address the backlog of pending registries and dues owed by developers in Gautam Budh Nagar.
Migsun Group has acquired land from Medanta in Lucknow to launch 'Migsun Lucknow Central,' a mixed-use project at an investment of Rs 426 crore.
Godrej Properties achieves substantial sales growth in fiscal year 2024, driven by robust performance in the National Capital Region (NCR) and the Mumbai Metropolitan Region (MMR).
Raymond Realty, under the leadership of Gautam Singhania, is embarking on ambitious residential projects across Mumbai.
Omaxe has secured a landmark project from the Delhi Development Authority (DDA) to develop a sports complex and retail project in Dwarka, Delhi. Valued at ₹2,100.
Ajmera Realty & Infra India Ltd announces a significant 21% increase in its sales booking for FY24, reaching Rs 1,017 crore.
Signature Global, renowned for its luxury projects in Gurugram, reported a remarkable surge in sales bookings to Rs 4,140 crore during the fourth quarter.
Macrotech Developers Ltd, a prominent player in the real estate sector, showcased commendable financial acumen in the fourth quarter of the fiscal year 2023-24 by significantly reducing its net debt by 55% to ₹3,010 crore.
Keystone Realtors, renowned for their Rustomjee brand, showcased exceptional performance with a 41% surge in sales bookings, reaching Rs 2,266 crore amid robust housing demand.
TREVOC is poised to revolutionize the sector with its visionary approach and distinguished industrial heritage of over 75 years.
Government-backed and SBICAP Ventures-managed last-mile financing platform, SWAMIH I and realty credit fund Nisus Finance have invested a total over Rs 465 crore, across two projects of Aliens Developers.
The Hiranandani Group unveils a visionary roadmap for expansion, allocating Rs 3,000 crore towards residential projects to capitalize on a projected 25% growth.
MahaRERA's pivotal role in Maharashtra's real estate sector is evident as it approves 4,332 projects out of 5,471 applications, showcasing a thriving market
Embassy Office Parks REIT has announced a significant acquisition, purchasing the Embassy Splendid TechZone (ESTZ) in Chennai for Rs 1,269 crore.
In a remarkable feat, the GHMC sets a new benchmark in property tax collection by amassing Rs 1,917 crore in the fiscal year 2023-24.
Godrej Properties has achieved remarkable success with the sale of inventory worth Rs 2,690 crore in their Godrej Reserve project in Mumbai's Kandivali area.
Brigade Group, leading real estate developer in Bengaluru, has announced a significant development project to construct Grade A office space in the bustling IT corridor of Whitefield.
Indiabulls Real Estate has unveiled plans to raise Rs 3,911 crore through investments from Blackstone Group and Embassy Group.
Singapore-based The Ascott Limited, in collaboration with Paras Buildtech, marks its entry into North India's hospitality sector with the launch of Citadines Paras Square Gurugram.
Lucknow Municipal Corporation (LMC) achieved a significant milestone in FY24 by collecting property tax worth over Rs 650 crore, driven by a 26% increase in tax collection and non-tax revenue sources.
Rajkot Municipal Corporation (RMC) surpassed Rs 365 crore in property tax collection for FY24, marking a significant increase compared to previous years.
Blackstone Group announces its commitment to invest $2 billion annually in India, highlighting the country's economic potential.
Sunteck Realty Ltd has leased out a prime commercial building in Mumbai's bustling Bandra Kurla Complex to Bennett Coleman & Co for a substantial period of 29 years.
Prestige Estates Projects, a Bengaluru-based real estate developer, secures a significant investment deal worth ₹2,001 crore with Abu Dhabi Investment Authority (ADIA) and Kotak AIF.
In March 2024, the Greater Noida Industrial Development Authority (GNIDA) completed registries for 1,366 flats across 16 housing projects, following recommendations from the Amitabh Kant committee.
MANA Projects and Skanda introduce 'The Right Life,' an exceptional child-centric integrated township in Bengaluru.
The UPRERA conciliation forum in Uttar Pradesh successfully resolves real estate disputes, liberating assets valued at Rs 570 crore.
The Jain Group unveils plans for a Rs 500 crore investment in the hospitality sector, partnering with Sarovar Hotels Pvt Ltd for a new venture in Rajarhat.
DLF, a prominent realty firm, plans to raise Rs 600 crore through non-convertible debentures (NCDs) for debt refinancing.
Bengaluru-based real estate firm, Concorde, land acquisition, Thanisandra, residential project, revenue potential, strategic expansion, home automation, innovative features, trusted player, industry insights, urban living, sustainable growth, real estate sector.
CRIB Property Solutions, a pioneering startup based in Bengaluru, has successfully onboarded over 1,000 co-living spaces and hostels in Karnataka and Tamil Nadu onto their app.
NBCC (India) achieves a significant milestone by concluding the sale of 4.8 lakh square feet of commercial space in South Delhi's World Trade Centre through a successful e-auction, fetching Rs 1,905 crore on behalf of the government.
Magicrete has finalized the acquisition of a majority stake in Maxlite, a leading AAC blocks manufacturer in South India.
DRA Homes embarks on commercial development in Chennai with a groundbreaking 99-year lease agreement with RLDA.
In a landmark decision, the Karnataka Real Estate Regulatory Authority (KRERA) has ordered Provident Housing, part of Puravankara Ltd, to pay delayed interest for not delivering Provident Noera apartments in Yelahanka, north Bengaluru, on time.
Mahindra Zen, developed by Mahindra Lifespace Developers, introduces a paradigm shift in residential living in Bangalore.
The Ahmedabad Municipal Corporation (AMC) has decided to extend the revised rates to plots rented out temporarily.
Uttar Pradesh Real Estate Regulatory Authority (UP RERA) directed promoters to maintain the same name for project brands as mentioned in their maps approved by local authorities and registered with RERA.
Shriram Properties, a well known name in the residential development sector in South India, has unveiled its latest venture, the "Codename Ultimate" residential project near Electronic City, Bengaluru.
Blackstone, Sattva Group, and Panchshil Realty to launch India's fourth commercial REIT in FY25, projecting a portfolio exceeding 40 million square feet.
The Indian real estate market is witnessing a surge in land transactions, projected to reach 3,000 acres in FY24.
The Bidhannagar Municipal Corporation (BMC) has issued 174 stop-work notices to developers of illegal under-construction buildings in the past nine months.
Prestige's NCR project to span over 10 mn sq ft of saleable area, with a projected GDV surpassing ₹10,000 cr. Likely to be launched within next two quarters
UPRERA's new mandate requiring developers to prove land ownership or secure consent via a JDA for project registrations, enhancing transparency and protecting consumer rights in the real estate sector.
The Kolkata Municipal Corporation (KMC) has decided to deny water and drainage connections to the promoters of the illegally constructed buildings.
Tata Projects has taken a significant step in solidifying its presence in Mumbai by securing over 1.2 lakh square feet of office space in the bustling suburb of Powai.
Starting May 1, 2024, commercial buildings in Chandigarh will be required to adhere to minimum energy performance standards outlined in the Energy Conservation Building Code (ECBC).
The Special Window for Affordable & Mid-Income Housing (SWAMIH) fund has approved approximately Rs 340 crore for the completion of a stalled real estate project by the Vatika group in Gurgaon.
The Pune real estate market witnessed a significant surge in property registrations, recording a 23% year-on-year increase in February 2024.
The Haryana Real Estate Regulatory Authority(H-RERA) has cancelled the registration of all five affordable housing projects launched by Mahira Infratech Pvt Ltd.
Trichy corporation has increased its net tax collection to 85% by targeting top tax defaulters who have not been paying property tax for years
The Indore district administration decided to inspect fire safety measures in buildings taller than G+3 with the help of other departments.
The Maharashtra Real Estate Regulatory Authority (RERA) has proposed a system requiring real estate developers to open three separate bank accounts for each project.
WeWork India expands its footprint with the launch of a new co-working facility in Chennai, catering to the growing demand for flexible workspaces in the city.
The property tax recovery cell of the Panvel City Municipal Corporation(PCMC) recovered over Rs 2.25 crore, highest in a single day.
The Bruhat Bengaluru Mahanagara Palike (BBMP) has extended the last date to avail the 5% rebate on property tax payment till July 31, 2024.
Mysuru Urban Development Authority (Muda) is expecting to raise Rs 400 crore by auctioning off 200 premium sites and houses within its jurisdiction.
Discover insights from CREDAI's report projecting the real estate sector to reach $1.3 trillion by FY2034, highlighting housing demand, GDP growth, and economic development opportunities
UP-RERA has adopted key real estate policies modeled after Maharashtra's MahaRERA, aiming to improve transparency and accountability.
Nexus Trust, backed by Blackstone, is strategically expanding its presence in southern India's retail sector.
Streamline real estate processes in Bengaluru with Karnataka Government's automated building plan approval system, 'Nambike Nakshe', enhancing transparency and efficiency.
The Delhi Development Authority (DDA) introduces a housing scheme providing discounted flats in Delhi, with options including 2BHK and 1BHK units.
TRIAD fosters collaboration through mentorship, scholarships, and networks, establishing educational centers to promote skill development in traditional Indian art, craft, and design.
The Chhatrapati Sambhajinagar Municipal Corporation (CSMC) launched a special drive to issue unique digital door number plates for properties within the municipal limits.
DLF Ltd finalizes the sale of a 4.67-acre land parcel in Chennai to Cholamandalam Investment and Finance Company Limited for a staggering Rs 735 crore. Positioned near the renowned Madras Race Club,
Yamuna Expressway Industrial Development Authority (YEIDA) raises allotment rates by 5.14%, citing the growing demand driven by development projects like the Noida International Airport in Jewar.
The Tamil Nadu RERA Tribunal mandates House of Hiranandani to register its multi-tower township as a single project, rejecting attempts to bypass regulations.
DB Realty leases 186 acres of land in Mira Road to the BMC for an annual fee of Rs 248 crore, facilitating the Mumbai Coastal Road project.
Maharera cancels the registration of 13,785 real estate agents for failing to renew licenses. Agents must undergo training for reinstatement, reflecting the authority's commitment to professionalism in the sector.
In a strategic move to elevate professionalism and transparency in Uttar Pradesh's real estate sector, the Uttar Pradesh Real Estate Regulatory Authority (UPRERA) is gearing up to launch a training and certification program for both new and existing real estate agents.
CoRover.ai's BharatGPT has introduced AI Realtor, the world's first Video Bot tailored for the real estate sector, aiming to redefine the home-buying process. This innovative tool combines chat-like interactions with immersive visual tours, allowing users to find properties that precisely match their preferences.
In a significant enforcement action, the Gurugram Real Estate Regulatory Authority (RERA) has imposed a Rs 50 lakh penalty on Coral Realtors Private Limited for failing to register its ongoing mall project as required by the RERA Act, 2016.
In a significant regulatory move, the Securities and Exchange Board of India (SEBI) has announced amendments to the Real Estate Investment Trust (REIT) Regulations of 2014, introducing Small and Medium Real Estate Investment Trusts (SM REITs).
According to the MahaRERA, all real estate projects registered in Maharashtra since January 2023 will be evaluated starting in April 2024.
Well-known real estate consultants, Colliers, has won a significant assignment to construct the Artificial Intelligence and Technology Extension Hub in Ahmedabad for Infibeam Avenues. The Indian-based multinational fintech company plans to have an AI hub in GIFT City, Gujarat, and the Ahmedabad campus will be an extension of that, set to be up and running in 18 months.
Leading real estate consulting firm, Colliers India, recently assisted Stans Buildtech Homes Pvt. Ltd. in securing financing of Rs. 160 crores from SWAMIH Fund, managed by SBICAP Ventures Limited, for its SRA project.
Reloy, a homeowner loyalty and referral platform for builders, has achieved a significant milestone by surpassing Rs 1,200 Crores in referral sales in the calendar year 2023. This remarkable achievement underscores Reloy's commitment to fostering trust and nurturing enduring relationships with its clients and partners.
NPST ODR, a centralized dispute management solution, will help DCB Bank solidify customer relationships by optimizing the speed and the efficiency of its dispute redressal mechanisms
Amidst unwavering homebuyer confidence aided by a favourable interest rate cycle and positive economic outlook, housing demand scaled up and prices across the top eight cities in India surged by about 20% in the last two years (2021-2023). Bengaluru, Delhi NCR, and Kolkata have witnessed the highest rise in average housing prices at about 30% in 2023 compared to 2021 levels.
Marriott International, marking 25 years in India, reports a turnover exceeding ₹9,000 crore and a 32% revPAR. Their strategy involves premiumisation, targeting upscale brands like Fairfield and Courtyard in tier 2 and 3 cities. Surat's market transformation from Courtyard to JW Marriott reflects investor confidence. Marriott adds 4,600 rooms in South Asia, aligning with preferences for resorts and luxury experiences. Despite increased construction costs, the company emphasizes adaptability and resilience, showcasing success in the evolving industry.
Godrej Properties has recently finalized agreements for a significant township project in North Bengaluru, covering 62 acres with an estimated value of ₹5,000 crore.
In the cusp of transformation, marching ahead with newer commitments, Bangalore’s leading plotted layout developers Reliaable Developers is delighted to announce the signing of a management agreement with Oakwood Hotels, a part of The Ascott Limited for the new property in the entire HSR- Sarjapur Road- Electronic City triangular belt. This strategic move reflects sharply on Reliaable Developers’ commitment to redefining their projects, combining luxury and an unparalleled experience for both business and travellers.
In a noteworthy feat, NBCC (India) Ltd achieves a milestone by selling 2.05 lakh sq ft of commercial space at World Trade Centre, Delhi, valued at Rs 828 crore. The transaction, conducted through the 24th e-auction, witnesses major entities like Oil India Limited, NBCC, and Hamdard Laboratories as significant buyers. This success is part of NBCC's broader strategy, utilizing e-auctions to transparently sell over 26 lakh sq ft of commercial inventory, accumulating a sale value exceeding Rs 10,600 crore. The article emphasizes NBCC's market efficiency, diverse buyer appeal, and its strong standing in the real estate sector, paving the way for a promising future.
In an unprecedented move, Karnataka's Real Estate Regulatory Authority (KRERA) issues a directive empowering homebuyers to take charge and complete a delayed luxury villa project in Bengaluru. The regulatory intervention comes after eight years of construction without possession handover. KRERA utilizes section 8 of the RERA Act, allowing resident welfare associations to assume control when developers fail to meet obligations. With Bengaluru facing a significant backlog of 26,030 delayed projects, collectively worth over Rs 28,072 crore, KRERA's order underscores its commitment to resolving challenges, protecting homebuyers' rights, and ensuring the completion of long-delayed projects.
Crib, a property management app, unveils 'Crib Plus' with a $1 million investment to meet the specific needs of large-scale student housing and co-living brands in India. The move aligns with the projected exponential growth in these segments, as highlighted by IMF estimates and reports from Colliers. Crib's existing mobile app is already used by over 1000 landlords managing 2500+ properties and 1,50,000 beds. 'Crib Plus' promises advantages like lower costs and enhanced functionalities for enterprise customers, addressing their comprehensive expectations. The company has raised over $2 million from investors like PayTM's Vijay Shekhar Sharma and Cred's Kunal Shah. Crib, founded in 2022, has become a leading player in the real estate sector, managing over 1.5 lakh beds and facilitating yearly rents exceeding Rs 2,500 crores
Nippon Paint, marking 143 years, launches an on-road campaign featuring a WALLTRON PATROL for waterproofing and an LED roadshow van for product demos. Partnering with Shankara BuildPro, the initiative combines paints and coatings with construction materials. Executives express joy about the campaign, emphasizing customer trust. Nippon Paint, a Japanese brand with 142 years of experience, focuses on innovation and eco-friendliness, operating globally in 31 countries.
Reliaable Developers is excited to announce a comprehensive rebranding initiative aimed at rejuvenating the company's brand image and fostering a new era of innovation.
The housing market in India has witnessed substantial growth, particularly in Bengaluru, Kolkata, and Delhi NCR, where home prices have surged by over 30% since 2021. This significant rise is attributed to a combination of factors such as increased demand, economic developments, and regional dynamics.
BHIVE Properties, the commercial real estate investment wing of BHIVE Group, marks a milestone with the launch of its inaugural sale of hard commercial real estate in Bengaluru's Brigade Metropolis. This move opens doors for retail investors to partake in Grade A commercial property and earn annual rentals up to 10.6%. The strategic location, pre-leased term, and the burgeoning office space market in Bengaluru amplify the appeal of this investment opportunity.
