SOBHA's remarkable journey from ₹50 startup capital to becoming India's most admired luxury real estate developer showcases an unwavering commitment to quality, innovation, and customer trust that has earned Harvard Business School recognition and over 251 industry awards.

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.

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.

Gurugram-based developer M3M India announces a ₹7,200 crore investment in Gurgaon International City, a 150-acre integrated township on the Dwarka Expressway Link Road, featuring residential zones, innovation parks, data centres, and EV hubs with expected revenue of ₹12,000 crore.

The Uttar Pradesh Real Estate Regulatory Authority has removed 22 housing projects from its abeyance list, enabling the resumption of work on approximately 8,856 stalled units across Noida, Ghaziabad, Lucknow, Agra, Meerut, and Hathras following developer compliance with regulatory requirements.

Abhishek Lodha, CEO of Lodha Developers, states India's housing market remains in early stages with 15-20 years of growth ahead, comparing the sector to an aircraft still taxiing before take-off.

Qualcomm India has leased 2.56 lakh square feet of office space at Constellation Business Park in Bengaluru for ₹184 crore over five years, reinforcing the technology sector's expansion in India's leading innovation hub.

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.

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.

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.

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

A Central Advisory Council member has questioned the effectiveness of RERA registration, calling for mandatory developer declarations and clearance of all dues before new project approvals to protect homebuyers.

A Pune developer has formally withdrawn from a ₹230 crore property transaction with a Jain trust following sustained religious opposition from the community over land in Model Colony.

A leading homebuyers' association has urged the Union Housing Ministry to address enforcement gaps in RERA, proposing stricter SOPs to protect buyers from incomplete amenities, defaulting developers, and payment risks.

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.