General

Chennai's commercial real estate market is experiencing its strongest year ever, with office leasing reaching a 20-year high of 5.2 million square feet year-to-date, driven by multinational expansion and surging demand from technology and BFSI sectors.

Godrej Properties shares fell 16% in three months on weak bookings, but analysts project up to 90% upside driven by aggressive launches and strategic land acquisitions across Mumbai, Pune, Bengaluru and NCR markets.

The Bombay High Court has rejected MIDC's petition to evict Indiabulls Industrial Infrastructure Limited, now part of Embassy Developments, from a stalled SEZ project in Sinnar, Nashik, upholding interim relief granted in 2024.

Navi Mumbai International Airport has secured DGCA aerodrome licence and will be inaugurated on October 8, 2025, with commercial operations expected by mid-November after completing mandatory operational readiness trials.

Real estate developer Abhinandan Lodha is streamlining operations and integrating proptech solutions to drive profitability in the affordable housing segment through cost efficiency and digital innovation.

HDFC Capital-backed proptech startup Reloy aims for ₹50 crore revenue in FY26, a 75% increase driven by its innovative referral-based housing sales model targeting ₹3,500 crore in facilitated transactions.

Maharashtra government invites real estate developers to develop 13,000 acres of MSRTC-owned land across prime locations including Mumbai, Pune, Nashik, and Nagpur under a Build-Operate-Transfer model with 98-year leases, aimed at generating revenue and modernizing public transport infrastructure.

InCred and Analah have invested ₹50 crore in Sunday PropTech Ltd., PRISM's real estate arm, to accelerate expansion across India's mid-premium and premium hotel segments with 40 new properties planned for FY26.

Real estate developer HoABL has successfully deployed agentic AI technology to manage sales for its Naigaon affordable housing project, attracting over 8,800 registrations for 1,419 homes without any traditional sales staff or site visits.

The groundbreaking of Gurgaon's 28.5-kilometre Millennium City Centre to Cyber City metro line has generated significant excitement among real estate stakeholders, with analysts predicting substantial growth in both residential and commercial property segments across the city.

India's housing sector is witnessing a dual trend with premium properties priced above ₹1.5 crore recording sharp sales growth in metro cities, while government schemes like PMAY continue supporting affordable housing demand in emerging micro-markets.

Real Estate One Group has launched The Clermont, a premium residential project in Mohali, with expected revenues of ₹400 crore, targeting luxury housing demand in the tri-city region.

Blackstone-supported Lumina CloudInfra has acquired two land parcels totaling 3.8 acres in Mumbai's Chandivali area for approximately ₹475 crore, with plans to develop specialized data center infrastructure in the strategically located commercial corridor.

The Municipal Corporation of Delhi has extended its SUNIYO property tax amnesty scheme by three months, offering homeowners until December 31, 2025, to clear outstanding dues with only a 2% late fee on principal amounts.

Real estate major Omaxe Ltd. partners with IHCL to develop India's first stadium-hotel complex in Dwarka, featuring a 30,000-seat ICC/FIFA-standard stadium, 148-room hospitality facility, and 250,000 sq ft members' club, targeting ₹4,200 crore in lifecycle revenue by 2027.