After a record-breaking FY25, Macrotech Developers sets a bold Rs 21,000 crore pre-sales goal, adding new land banks and reducing debt.

Apex Group to co-develop Supertech’s 16 projects, settling bank and authority dues, with Supreme Court approval awaited.

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The Maharashtra government is unlocking 3,360 acres of MSRTC land for commercial and residential development, creating new real estate opportunities across the state.

Equinox India Developments secured ₹950 crore through NCDs to fund Indiabulls Greens & Park in Panvel. Backed by corporate guarantees, the 48-month NCDs offer 13% interest and hold an IVR A(CE)/Stable rating. With a 3,232-acre land bank, Equinox is strategically expanding its footprint in Mumbai ...

HDFC Bank has secured 2.72 lakh sq. ft. in Andheri East for an annual rent of ₹77 crore, reinforcing Mumbai’s commercial real estate growth. The 10-year lease in R Square by Runwal Realty includes a 15% rent hike every 3 years and ₹116 crore security deposit.

MahaRERA has frozen 1,950 project accounts across Maharashtra in a crackdown on non-compliant developers, aiming to enforce accountability and protect homebuyers affected by delays and incomplete projects.

ICICI Bank has signed a 9-year lease for 130,000 sq ft of prime office space in Navi Mumbai’s Turbhe locality in commercial tower owned by Arihant Paradise Realty.

HDFC Bank, in a strategic move to streamline its portfolio, plans to sell key commercial and residential properties acquired from its 2023 merger with HDFC. Expected to generate around ₹3,000 crore, this divestment signals a shift towards core banking operations and digital growth.

The Insolvency and Bankruptcy Board of India (IBBI) suggests granting ownership to debt-free purchasers who already own their property during the insolvent real estate firm's bankruptcy settlement. However, the committee of creditors must approve this plan.

Kotak Mahindra Bank would buy Standard Chartered Bank India's ₹4,100 crore personal loan portfolio. This transaction should be completed in three months, pending regulatory clearances and closing conditions. The loans purchased are conventional, easing the transfer for banks and clients.

MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.