News

Mahindra Lifespace Developers wins major ₹1,250 crore housing society redevelopment contract in Mumbai's Mulund on 3.08-acre plot. Mixed residential units planned for existing and new buyers.

Dharavi redevelopment will include dedicated commercial business district on 600-acre prime land in Mumbai. Grade-A offices, retail spaces & employment hub planned in ₹96,000 crore project by Adani Group.

Welspun Group submits highest bid of Rs 850 crore for Lavasa Corporation as six developers compete in second acquisition attempt. Environmental clearance remains key hurdle for India's first private hill station project.

Maharashtra faces real estate recovery crisis as only 31% of MahaRERA warrants executed. Rs 527 crore still pending across 1,212 cases affecting homebuyers statewide. PM Modi intervenes as verification of 2,600 OCs begins following Dombivli scam fallout.

Bengaluru dominates India office market with 27% share and 4.8 million sq ft leasing. Hyderabad, Mumbai, Chennai show strong growth. Office demand expected to reach 65-70 million sq ft annually.

Punjab announces major industrial land policy reforms allowing flexible conversions, mixed-use developments & leasehold-to-freehold changes expected to generate ₹1,000 crore revenue for the state

Maharashtra introduces vertical property cards for apartment owners - independent ownership records with carpet area details, mortgage info & legal clarity. Revolutionary system launching soon.

Delhi-NCR housing market surges with 16% sales growth and 37% new supply increase. DLF, Prestige Group lead luxury property boom in Gurugram, Ghaziabad, Greater Noida. Infrastructure development and affluent buyers fuel real estate expansion.

Cushman & Wakefield report reveals how plug-and-play industrial parks can transform India's manufacturing sector. Ready-made zones with integrated infrastructure reduce setup time, cut costs for MSMEs, and boost export competitiveness through multimodal connectivity.

Bhopal launches major slum relocation project targeting 9 settlements through PPP model. 14,000 new homes planned under Jhuggi Mukt Bhopal Yojana, freeing 125 acres for development.

MMRDA reduces coastal road project cost from ₹87,427 cr to ₹52,652 cr through strategic design changes. 55km project to enhance Mumbai-Vadhavan Port connectivity.

Sobha Ltd enters Greater Noida with ₹800 crore SOBHA Aurum project featuring 420 luxury units across twin 45-floor towers in Sector 36. Prices start ₹1.12 crore.

Team India all-rounder Shivam Dube acquires luxury duplex worth ₹27.5 crore in Mumbai's Andheri West. Property spans 9,603 sq ft across two floors in DLH Enclave with premium amenities.

Arbour Investments commits ₹105 crore to ELV Projects for ELV Highgarden and ELV Kingsland developments in Whitefield, Bengaluru, marking strategic South India entry.

Maharashtra Cabinet approves ₹20,787 crore for 802 km Nagpur-Goa Shaktipeeth Expressway, featuring ₹12,000 cr HUDCO loan to connect 12 districts and 18 religious sites.