News

Mumbai's groundbreaking Santacruz-Chembur Link Road extension featuring South Asia's first 90-degree curved cable-stayed bridge opens August 14, 2025, promising 15-20 minutes travel time savings and revolutionizing east-west connectivity across the city.

The Slum Rehabilitation Authority has set an ambitious target of delivering 5.09 lakh new homes for slum dwellers by 2030, more than double the total built in the past 29 years.

Dow India signs ₹250 crore, 10-year lease for 256,000 sq ft at Mindspace SEZ, Navi Mumbai. Deal highlights rising corporate demand for Grade A office spaces in MMR.

Elan Group secures ₹140 crore debt financing for commercial real estate growth in NCR. Latest funding follows ₹250 crore raise and ₹875 crore debt repayment strategy.

MahaRERA has issued recovery warrants worth ₹90 crore against Honest Shelters Pvt Ltd for the troubled Palais Royale project in Worli, following IIFL Finance Ltd's complaints about non-compliance with possession handover orders.

Real estate prices surged 9% across India's top 9 cities in FY25, with Kolkata leading at 29% growth while Mumbai and Navi Mumbai saw rare 3% declines.

YEIDA serves formal notice to Suraksha Realty over massive delays in 17,000+ Jaypee Wish Town housing units. Homebuyers demand transparency as developer gets 7-day response deadline. Latest updates on construction progress and regulatory action.

Hyderabad's premium housing market bucked the overall trend in H1 2025, with luxury property sales above ₹1.5 crore growing 17% year-on-year while total sales declined 6%.

HRX Digitech LLP, associated with Bollywood actor Hrithik Roshan, acquired three office units in Mumbai's Chandivali for ₹31 crore, marking strategic expansion in commercial real estate sector.

Strategic infrastructure investments including metro expansions and expressway upgrades have propelled 14 key Indian micro markets to record property price growth of up to 139% and rental appreciation reaching 81% between 2021-2025.

IKEA India launches its first Delhi-NCR store with a 15,000 sq ft city-format outlet at Pacific Mall, marking a strategic shift toward urban accessibility and omnichannel retail expansion

Karnataka Assembly approves nine bills revolutionizing land use for small businesses and digitalizing property registration processes across the state.

Mumbai's 98-year-old Deonar dumping ground confronts another year of delays as three overlapping environmental mega-projects struggle with regulatory approvals, threatening urban development plans including the Dharavi redevelopment initiative.

Union Commerce Minister Piyush Goyal recently inaugurated the expanded International Searching Authority building in Dwarka, marking a massive 2300% increase in built-up area and tripling staff capacity to support India's growing intellectual property ecosystem.

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