After learning that the 30 acres in Bandra East may not be finished until 2026, the Bombay High Court examined Goregaon for its new court complex. Due to government personnel living on 13 of the 30 acres, the State Public Works Department (PWD) indicated only 13 will be removed by March 2025.

The Indian Finance Ministry has extended PMAY-G funds till September 2024 to build 3.5 million rural dwellings. This prolongation is part of the government's pursuit of "housing for all" by March 2024.

Land record digitalization will be prioritised by the Indian government to streamline land procedures. The incoming government is likely to support this critical effort with roughly ₹1,035 crore. To speed up land acquisition and construction, the initiative seeks to digitise all land records by 2026

The Dream of Homeownership Grows 2024 is a terrific year for Indian homebuyers due to numerous major advancements. Significant savings from a steady repo rate and an optimistic government budget encourage more individuals to purchase properties.

Maharashtra buys the famous Air India building at Nariman Point, Mumbai, for INR 1,601 crore. New state development and strategic planning begin with this historic purchase.

Sustainable building and eco-friendly materials are becoming more important in Indian real estate. Due of its large contribution to global pollution and carbon emissions, the industry is adopting greener building methods.

Given the large number of stalled housing projects, the SWAMIH fund, which finances their completion, has demonstrated potential but has scalability issues. Despite completing over 26,000 residences and recovering a major share of investor funds, it needs to expand its reach and efficiency.

In a decisive move to expedite the allocation of houses to approximately 3,000 buyers, a high-powered committee led by the chief secretary has directed the Ghaziabad Development Authority (GDA) to fast-track the approval of the Detailed Project Report (DPR) for Wave City.

The government's newest proposal in the Interim Union Budget for 2024-25 offers a comprehensive strategy to empower worthy middle-income people. Tenants in chawls, slums, and unauthorised colonies are being offered a chance to buy or build their own houses. A wider approach to improve quality of lif

India's 2025 budget takes a big step towards adopting electric vehicles (EVs), seeking to alter the transportation industry and contemporary storage. The government's comprehensive plan to boost EV production and charging infrastructure is crucial to promoting their wider acceptance.

Nexus Select Trust, the Blackstone Group's retail arm, is poised to expand in India. The agreement to buy 1 million square feet of malls in Hyderabad from L&T Metro is valued at ₹1,100 crore. This massive purchase comprises the E-Galleria Mall in Moosarambagh, the L&T Metro Mall in Punjagutta.

On Thursday, the Union Finance Minister published the interim Budget 2024, showing that the real estate industry will benefit from the government's comprehensive national development strategy.

The Uttar Pradesh government plans to build a 1,000-acre metropolis near Ayodhya with traditional and modern architecture. Nitin Gokarn, the state's Additional Chief Secretary for Housing and Urban Development, said the government had bought land for 'New Ayodhya', a groundbreaking project.

The Indian real estate industry returned from the 2022 shock and maintained its record-breaking velocity into 2023, propelled by strong demand and supply. This article on Ghar tries to make sense of it all.

The Uttar Pradesh government plans to create a 1200-acre Greenfield Township with an investment of around ₹2,180 crore. This proposal is a model for pilgrimage cities. Prime Minister will likely launch the initiative shortly.