News

Indian nationals have become the largest group of foreign investors in UK's buy-to-let sector, establishing 684 new property companies in the first half of 2025, ahead of Nigerian investors.

Mumbai-based Runwal Realty has filed for a ₹2,000 crore IPO with SEBI to reduce debt and expand its development pipeline across Mumbai and Pune markets.

WeWork India has successfully raised ₹1,348.26 crore from 67 anchor investors at the upper price band of ₹648 per share, setting a strong foundation for its upcoming IPO scheduled to open this Friday.

TruHome Housing Finance, backed by Warburg Pincus, has announced plans for a stock market debut within two years while targeting ₹50,000 crore AUM by FY29, positioning itself as a major player in India's affordable housing finance sector.

BMC announces May 2026 opening for strategic Dindoshi Court-Film City flyover, part of the ambitious Goregaon-Mulund Link Road project that will reduce travel time from 75 to 25 minutes across North Mumbai.

Maharashtra government evaluates extending the under-construction Borivli-Thane tunnel by four kilometers to connect with the Saket-Gaimukh Coastal Road, aiming to reduce traffic congestion and improve connectivity across the Mumbai Metropolitan Region.

The Brihanmumbai Municipal Corporation has issued a ₹2,200 crore tender for major infrastructure development in Malad West, including two bridges, an elevated road, and connectivity upgrades to ease chronic traffic congestion.

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.