News

Mumbai property owners struggle with last-minute tax payments as BMC's delayed bill distribution creates widespread chaos ahead of August 13 deadline.

Pune becomes India's only major city with declining property rates as IT sector uncertainty dampens buyer confidence, contrasting with nationwide real estate growth.

Mumbai's Kalpataru Limited posted ₹49 crore quarterly loss despite achieving 83% pre-sales growth and implementing aggressive debt reduction strategies for FY26.

India's residential property market has achieved remarkable 7.7% annual growth, climbing to 15th position globally and outperforming major economies like the US, UK, and Australia in Q1 2025.

Singapore-based CapitaLand Investment commits ₹19,200 crore to Maharashtra's commercial real estate by 2030, targeting Mumbai and Pune markets.

India aims to achieve 100% land records digitisation by December 2025, with 99.8% already completed, as part of major economic reforms to boost growth and transparency.

Awfis Space Solutions delivered exceptional Q1 FY26 performance with 30% revenue growth to ₹335 crore and tripled PAT, driven by enterprise demand and strategic expansion into Tier-2 cities.

The World Bank's IFC has committed $150 million to anchor India's groundbreaking H-DREAM Fund, targeting $1 billion for green affordable housing and aiming to finance 25,000+ sustainable homes across urban India.

India's prominent real estate developer Godrej Properties announced its intensified land acquisition strategy for Q1 FY2025-26, leveraging strengthened finances and robust cash flows to secure five new parcels worth ₹11,400 crore revenue potential.

Brookfield Asset Management strengthened its Mumbai BKC footprint by acquiring Jet Airways' office floor for ₹370.25 crore, consolidating control over 250,000 sq ft across three contiguous floors in the premium Godrej BKC tower.

Pimpri-Chinchwad Municipal Corporation approves 50% property tax waiver for 43,000 properties in defense red-zones, effective April 2026, benefiting residents facing construction restrictions near ordnance depots.

Bengaluru enforces revised building setback regulations from August 1, 2025, under RMP 2015 to improve urban spacing and livability standards.

Mumbai's Rustomjee announces major expansion into Pune real estate market with a 100-acre residential development project, marking strategic shift beyond MMR operations.

India's ambitious Mumbai-Ahmedabad high-speed rail project has witnessed significant construction achievements with the successful completion of crucial bridge infrastructure across Gujarat state, according to recent development reports.

Max Estates has strengthened its leadership by appointing industry veteran Vachan Singh as Chief Operating Officer – Projects, bringing over 35 years of experience to accelerate the company's Delhi-NCR expansion plans.