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Mumbai's Economic Offences Wing has registered a criminal case against BP Gangar Constructions and its directors for allegedly defrauding 102 flat buyers of ₹100 crore in the stalled Sky 31 project in Wadala, with charges including cheating, criminal breach of trust, and RERA violations.
- 12th Nov 2025
- 1153 Views
Maharashtra government examines repealing the 1963 MOFA Act as RERA provisions increasingly overlap, sparking debate among developers, housing societies, and homebuyers about regulatory protection and legal clarity.
- 12th Nov 2025
- 1166 Views
Mumbai-based industrial real estate developer Godwitt Construction has announced plans to double its operational footprint to 1 crore square feet by 2029, while launching specialized verticals in cold storage infrastructure and blue-collar workforce housing across India's key industrial corridors.
- 12th Nov 2025
- 1150 Views
Mumbai-based SAP Gold Partner Motiveminds has unveiled AI-powered automation tools—MyRA and SqFt—designed to revolutionize subcontractor billing and sales conversion for Indian real estate developers without requiring complete ERP system overhauls.
- 12th Nov 2025
- 1145 Views
The National Capital Region is attracting major real estate developers from Mumbai and Bengaluru, driven by robust housing demand, 24% price growth, and massive infrastructure upgrades including the Dwarka Expressway and upcoming Noida Airport.
- 6th Nov 2025
- 1174 Views
Maharashtra has proposed key amendments to DCPR 2034 regulations, extending fungible FSI benefits and revising calculation methods to make MHADA redevelopment projects across Greater Mumbai more financially viable for developers and beneficial for tenants.
- 6th Nov 2025
- 1200 Views
Lodha Developers reported record Q2 pre-sales of ₹4,570 crore with an 87% year-on-year net profit increase, strengthening its position as a leading real estate developer ahead of the festive quarter.
- 1st Nov 2025
- 1158 Views
Luxury developers across India are investing up to ₹1,000 crore to transform clubhouses into sophisticated lifestyle and business hubs, featuring co-working spaces, pet spas, and five-pool complexes that command 50% premium pricing in metro markets.
- 31st Oct 2025
- 1178 Views
Arkade Developers announced plans to launch a ₹3,000 crore ultra-luxury residential project on the historic 4-acre Filmistan Studio plot in Goregaon West, Mumbai. The development featuring twin 50-storey towers with premium apartments is scheduled for rollout in FY26
- 31st Oct 2025
- 1174 Views
Discover Alibaug's real estate transformation: property prices tripled to ₹25-50 lakh/acre, luxury developments by Lodha & Ritz-Carlton, infrastructure challenges & smart investment tips for 2025.
- 28th Oct 2025
- 1220 Views
Arkade Developers Ltd reported a 30% year-on-year revenue increase to ₹265 crore in Q2 FY26, with net profit rising 6% to ₹46 crore, reflecting strong execution across its Mumbai residential portfolio.
- 25th Oct 2025
- 1200 Views
The Bombay High Court has ruled that cooperative housing societies in Maharashtra no longer need NOCs from the Registrar for redevelopment, declaring the authorities' role as strictly supervisory and ending a major source of bureaucratic delays and corruption.
- 22nd Oct 2025
- 1359 Views
As India's real estate sector gains momentum in 2025, three small-cap developers—Suraj Estate, Kolte-Patil, and Hubtown—are emerging as potential growth stories with strategic positioning in high-demand markets across Mumbai, Pune, and Bengaluru.
- 22nd Oct 2025
- 1190 Views
Sobha Ltd has announced plans to launch residential and commercial projects worth approximately ₹22,000 crore over the next 18 months, targeting eight cities amid strong demand in India's premium housing market.
- 21st Oct 2025
- 1200 Views
Mumbai-based developer Kalpataru has posted strong Q2 FY26 results with pre-sales rising 19% to ₹1,329 crore and collections surging 37% to ₹1,162 crore, reflecting robust demand and execution capabilities.
- 18th Oct 2025
- 1184 Views
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