News

JP Morgan finalizes India's largest office lease deal securing 116210 sq ft in BKC Mumbai for ₹2500 cr over 25 years. Monthly rent ₹6.91 cr with 15% escalations every 3 years.

Noida Authority launches comprehensive redevelopment policy on June 14, 2025, for aging EWS buildings with FAR increase to 3.5, 70% resident consent requirement, free upgraded flats with 15% extra carpet area, and Mumbai-inspired framework for sustainable urban renewal.

India's office leasing market surged 11% YoY to 178 lakh sq ft in Q2 2025. Bengaluru, Chennai, Delhi-NCR lead growth while Mumbai faces slowdown. Complete market analysis inside.

Schneider Electric announces 500000 sq ft manufacturing hub in Hosur Tamil Nadu by Jan 2026. Creating 1500 jobs with IGBC Platinum green certification supporting Make in India initiative.

BMC awards 30-year Crawford Market lease to AAV Developers for ₹369 crore, 13% below reserve price. Deal includes CSMT pedestrian bridge & 30-year renewal option for historic South Mumbai property.

UP government targets 2.35 lakh buildings for rainwater harvesting under Catch the Rain 2025. 16 districts achieve 100% coverage as state leads water conservation efforts across government infrastructure.

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.