Articles

Nitesh Kumar, Managing Director and CEO of Emami Realty Limited, has been appointed Co-Chairman of the Merchant's Chamber of Commerce and Industry's Infrastructure and Real Estate Council for the 2025-26 term, with a focus on housing accessibility, sustainable practices, and policy advocacy.

Bengaluru-based Prestige Group is set to launch a 5.2-acre residential project in Mumbai's Mira Road, marking its strategic expansion into the city's emerging suburban growth corridor with value-focused housing opportunities.

The Telangana government disbursed ₹2,233 crore to Indiramma Housing Scheme beneficiaries in 2025, with over 2.18 lakh units under construction receiving milestone-linked payments directly into bank accounts.

BBMP has launched a special time-bound scheme in October 2025 allowing Bengaluru property owners to convert B Khata properties to fully recognized A Khata status, enabling access to loans, utilities, and legal standing.

Mumbai's Bandra Reclamation is being rebranded as "Bandra Bay" with an ambitious 140-acre redevelopment project valued at over ₹1 lakh crore, promising to transform the waterfront into a world-class luxury destination.

Otis India has secured a major contract to supply 169 high-speed elevator systems for My Home Group's luxury residential developments in Hyderabad, marking a significant partnership in India's premium housing sector.

India's retail REIT sector is poised for exponential growth, with market projections indicating a Rs 60,000-80,000 crore valuation by 2030, driven by institutional-grade assets, robust consumption trends, and portfolio diversification demands.

Industrialist Nikhil Nanda, Chairman of Escorts Kubota and son-in-law of Amitabh Bachchan, has purchased a luxury sea-facing apartment at K Raheja Corp's Raheja Maestro in Juhu for ₹28.39 crore, highlighting sustained demand in Mumbai's ultra-luxury residential segment.

Private equity investments in India's real estate sector reached $3.9 billion in the first nine months of 2025, with office and data centre assets attracting the largest share of institutional capital.

Real estate is reclaiming its position as India's preferred investment asset this festive season, with premium housing leading the demand surge despite strong equity and gold markets, driven by favorable interest rates and post-pandemic lifestyle preferences.

MMRDA is set to auction a 10,860 sq m prime land parcel in Wadala with a ₹1,629 crore reserve price, marking its first major land sale in the area after fifteen years. The 80-year lease offers FSI 10 for mixed-use development, signaling Mumbai's commercial expansion beyond BKC.

A 426-acre HDIL land parcel in Dahisar West is set for e-auction at ₹1,234 crore reserve price to recover over ₹2,059 crore in outstanding dues, marking one of Mumbai's largest distressed asset sales.

NMMC partners with Project Mumbai and Mindspace REIT to launch a year-long Plastic & E-Waste Recyclothon across 200+ locations, engaging 2 lakh citizens to transform waste into public infrastructure and position Navi Mumbai as India's circular economy city model.

Adani Realty and Marathon Nextgen Realty announced a joint venture in October 2025 to develop Monte South Commercial in Mumbai's Byculla, a ₹3,400 crore mixed-use project featuring 1.2 million sq ft of premium office and retail space.

House of Hiranandani announces ₹500 crore investment in a premium commercial tower offering 4 lakh sq ft of Grade-A office space in Mumbai's Andheri East, targeting construction within 3-6 months.