Rustomjee Group wins ₹4,521 cr GTB Nagar redevelopment project in Mumbai. MHADA approves 11.19-acre project benefiting 1,400+ families. Stock surges 10% on historic deal announcement.

Keystone Realtors under Rustomjee Group secures massive 8-society redevelopment project in Lokhandwala, Andheri West. The ₹3000 crore GDV project spans 4.75 acres with 10.6 lakh sq ft saleable area, benefiting 548 families in Mumbai's prime location.

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TGRERA has fined four real estate agents, including Vijayawada-based Sikha Balaraju, ₹3.69 lakh for fraud and misrepresentation in Hyderabad’s Poojitha Tech Park project. The agents were found violating the RERA Act by operating without registration.

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Mumbai’s Wadhwa Group faces an FIR for ₹57 crore fraud, accused of breaching financial commitments in a stalled Goregaon housing project. The case, now with the Economic Offences Wing (EOW), stems from alleged contract violations and unfulfilled payments to Policon Realtors.

Builder-buyer agreements must be registered after paying 10% of the property's worth, which concerns Noida and Greater Noida real estate developers. This requirement, they say, puts homeowners under a lot of financial pressure early on.

News reports say the Municipal Corporation of Greater Mumbai (MCGM) has stopped construction at Piramal Realty subsidiary Glider Buildcon Realtors. The notice halts high-rise residential tower building near the Rani Baug Zoo in Byculla, South Mumbai.

Omkar Realtors has opened bookings for Tower B at Alta Monte in Malad East, Mumbai. Mumbai's western suburbs' highest four-towered skyscraper with 1200 spacious flats. Towers A, C, and D were completed.

MahaRERA recovered over Rs 140 crore this year from developers who delayed flat deliveries, distressing homeowners. This is one of India's greatest real estate regulator recoveries. MahaRERA has filed 1,123 warrants this year to collect about Rs 764 crore from developers, threatening to freeze bank

Kingmaker Developers, a Rustomjee Group affiliate, bought 100% ownership and preference shares of DB Realty's Realgem Buildtech for about Rs 231.42 crore. This allows Keystone Realtors, a Rustomjee Group subsidiary, to buy Rustomjee Crown, a luxury residential complex in Prabhadevi, Mumbai.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to introduce a transformative framework aimed at enhancing transparency and quality assurance within the real estate sector.

Mumbai realtors, under CREDAI-MCHI, have petitioned the Maharashtra government for policy changes to lower rising property prices, which are hurting the city's economy.

In a bid to harness the promising potentials that lie in the retail sector of India, realtors are increasingly pivoting towards the development of retail-driven assets under singular ownership.

Prestige Falcon Realty Ventures, a fully owned subsidiary of the Bengaluru-based real estate developer, paid INR 978.7 Crore for securities from DB Realty and its subsidiaries to enhance its share in Prestige BKC Realtors from 50% to 100%.