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The Finance Minister highlighted that under the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, the Committee of Creditors (CoC) in real estate insolvency cases can invite land authorities to provide inputs on land and regulatory matters. The law also sets stricter timelines for case admission and resolution plan approvals before tribunals. Of the 565 cases admitted so far, 111 affecting roughly 162,320 homebuyers have been resolved. Another 210 cases are under resolution, with 87 plans awaiting tribunal approval, while some cases are in liquidation or withdrawn.Read more

05 Apr 2026

The development of a modern astronomy and science education centre in Amaravati has moved forward with the signing of a land lease agreement between the Andhra Pradesh Capital Region Development Authority and the Indian Institute of Astrophysics. The project, named COSMOS-2, will be developed on 5 acres in Anantavaram and will include a planetarium, research labs, and public science exhibits. The initiative builds on a previously signed MoU and aims to strengthen scientific learning, research opportunities, and educational infrastructure in the state, positioning Amaravati as an emerging hub for space and astrophysics studies.Read more

04 Apr 2026

Golden Growth Fund has acquired a land parcel in Gulmohar Park, South Delhi, for development of an ultra-luxury residential project with an estimated revenue potential of around INR 100 crore. The project will comprise four independent floors across a built-up area of nearly 20,000 sq ft on a 500 sq yd plot. This marks the fund's third acquisition in South Delhi since its launch in late 2024, following projects in Anand Niketan and Neeti Bagh. The development will be executed by Grovy India Ltd. The move reflects continued investor interest in redevelopment-led housing within Category A and B colonies, supported by rising prices and strong end-user demand.Read more

Noida News Desk

03 Apr 2026

Hero Realty, the real estate arm of Hero Enterprise, has acquired an 18,215 sq m land parcel in Sector MU, Greater Noida, for INR 218 crore through an auction conducted by the Greater Noida Industrial Development Authority (GNIDA). The acquisition marks the company's entry into the Greater Noida market and will be used for a residential development. The transaction value is more than double the reserve price of INR 97 crore. The site benefits from proximity to the Noida Greater Noida Expressway, FNG Expressway, and the recently inaugurated Noida International Airport at Jewar. The move aligns with the developer's ongoing expansion across the National Capital Region, where it is focusing on premium housing and plotted developments.Read more

Pune News Desk

02 Apr 2026

A government panel led by Vikas Kharge has found that revenue officials had identified irregularities in the Mundhwa land transaction in Pune and had blocked the mutation request at the initial stage. However, the issue was not escalated properly, allowing procedural lapses to weaken the scrutiny. The report highlights that around 45 acres of government land was registered in 2005 in the name of a private firm for INR 300 crore. It also points to administrative negligence, confusion in land classification, and improper actions related to the Botanical Survey of India's lease.Read more

02 Apr 2026

The Punjab government has approved the Mukh Mantri Mawan Dheeyan Satkar Yojna, a welfare scheme providing INR 1,000 per month to eligible women and INR 1,500 to women from Scheduled Castes. It covers over 97% of women in the state. Women aged 18 and above with Aadhaar and voter ID can receive the benefits through direct transfer. The state has allocated INR 9,300 crore for the scheme. Cabinet decisions also include reforms for converting mortgaged industrial plots to freehold and amendments to improve infrastructure management in industrial areas.Read more

02 Apr 2026

The Maharashtra government has announced a policy to regularise residential encroachments on government land that existed before January 1, 2011. Homes up to 500 square feet will be regularised free of cost, while larger structures will attract a fee based on market value. The policy excludes Mumbai and its suburbs, environmentally sensitive areas, and non residential uses. Applicants must provide proof of long term residence, and local authorities will process applications. The move aims to provide legal rights, stability, and security of tenure to families living in such encroachments for years.Read more

Mumbai News Desk

02 Apr 2026

The Brihanmumbai Municipal Corporation has proposed setting up a special land acquisition cell to address delays in the Gargai dam project in Palghar. The move follows concerns over pending land acquisition and a cost increase of around 9 per cent. A temporary team of 10 revenue officials is planned to handle the remaining work in phases. While a major portion of the required land has been acquired, key parcels are still pending due to fragmentation. The project is expected to add around 440-450 MLD to Mumbai's water supply once completed.Read more

02 Apr 2026

The Comptroller and Auditor General (CAG) has raised concerns over the Telangana government's allotment of 48 acres in Hyderabad Pharma City to Amazon Data Services India Pvt Ltd for a data centre. The audit noted that the move deviates from the project's pharma-focused objective and could impact employment targets. It also highlighted issues such as fragmented land acquisition, delays in execution, and weak monitoring systems. The state government stated that the allotment was as per an existing framework and would not affect the overall goals of the project.Read more

01 Apr 2026

The government has introduced a pilot to transfer compensation for highway land acquisition through Aadhaar linked biometric authentication, aiming to make payments direct, instant, and secure. This mechanism ensures landowners receive funds in their bank accounts after completing OTP and biometric verification, reducing chances of misdirection or delays. The pilot is underway in Bihar, Uttar Pradesh, Madhya Pradesh, Rajasthan, and Karnataka. In the current financial year, approximately INR 19,800 crore has been disbursed for acquiring 10,100 hectares of land. Earlier, payments were via cheques but later shifted to direct bank transfers.Read more

01 Apr 2026

Authorities in Prayagraj are planning to construct more than 1,000 affordable housing units under the Pradhan Mantri Awas Yojana (PMAY) Phase II, led by the Prayagraj Development Authority (PDA). The project is currently in the land identification stage, with multiple sites shortlisted across the city, including Dhobighat, Peepal Gaon, Khuldabad and Civil Lines. Nearly 1,000 beneficiaries have already registered through the District Urban Development Agency (DUDA) and are expected to be prioritised during allotment. The initiative is aimed at providing formal housing to economically weaker sections, addressing urban housing shortages, and improving living conditions. The project also reflects ongoing efforts to align land availability with affordable housing delivery in growing urban centres.Read more

31 Mar 2026

The Chandigarh administration is assessing whether to adopt a land pooling model or proceed with outright land acquisition for developing nearly 1,500 acres across 22 peripheral villages. While land pooling has been advocated by farmers as a participatory approach, officials have identified planning constraints under the Chandigarh Master Plan-2031 and challenges in assembling contiguous land parcels. Internal estimates indicate that outright acquisition could generate significantly higher revenues, with potential earnings of around INR 66,000 crore after development and auctions. In contrast, land pooling could reduce auctionable land and result in revenue shortfalls of up to INR 28,500 crore. The proposal remains under evaluation amid competing priorities of fiscal considerations, urban planning compliance and stakeholder expectations.Read more

31 Mar 2026

DLF Limited has completed the sale of its IT/ITeS special economic zone (SEZ) project and an adjoining 17.75-acre land parcel in Kolkata to entities of the Srijan Group for a total consideration of INR 710.23 crore. The transaction includes the transfer of DLF TechPark II and vacant land through separate group entities of the buyer. The deal, announced earlier, aligns with DLF's strategy to monetise commercial assets and recycle capital. The divestment reflects continued consolidation in commercial real estate portfolios and the role of regional developers in acquiring income-generating assets and land parcels for future development.Read more

31 Mar 2026

The Maharashtra Legislative Assembly has approved an amendment to the Maharashtra Land Revenue Code, enabling district collectors and divisional commissioners to handle nearly 90% of land-use violation regularisation cases. Introduced by Revenue Minister Chandrashekhar Bawankule, the reform shifts decision-making from the state secretariat to local authorities, reducing administrative delays and procedural bottlenecks. The amendment introduces a statutory framework, including new provisions such as Section 37A, to replace earlier reliance on government resolutions that often led to legal ambiguity and prolonged litigation. Only high-value or complex cases will continue to be processed at the state level. The move is expected to streamline land governance, improve ease of doing business, and provide faster resolution for individuals and businesses dealing with land-use compliance issues.Read more

30 Mar 2026

Sula Vineyards has entered into an agreement to acquire the Nashik-based wine estate of Moët Hennessy India, which operates the Chandon brand, in an asset deal valued at INR 20 crore. The acquisition includes a 19-acre property with a fully operational winery and hospitality infrastructure. The move will strengthen Sula's production capacity and expand its wine tourism presence in Nashik. Following the deal, Chandon will exit domestic wine production. The transaction is expected to be completed in the first quarter of FY27, subject to approvals.Read more

30 Mar 2026

The Supreme Court has ruled that interest and solatium on land acquired under the NHAI Act cannot be restricted based on the financial burden of the acquiring authority. Interest must follow the Land Acquisition Act at nine per cent rather than the five per cent cap under the NHAI Act. The court rejected NHAI's plea to review an earlier ruling, despite the increase in projected liability. It also emphasized that finalized cases cannot be reopened, balancing the protection of landowners rights with legal certainty and closure in land acquisition disputes.Read more

30 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has entered into a land sale agreement with Southern Globe Hotels and Resorts Ltd. for setting up a four-star Courtyard by Marriott hotel in Amaravati. The project involves an investment of around INR 140 crore and will include about 150 rooms. Located in Lingayapalem village, the development is expected to create nearly 200 jobs and improve hospitality infrastructure in the capital region. The company has been given defined timelines for approvals, construction, and project completion, aligning with the broader plan to strengthen Amaravati's urban and economic ecosystem.Read more

30 Mar 2026

Prestige Estates Projects Ltd and Arihant Group have jointly acquired a 16.3-acre land parcel in Padi, Chennai, to develop a premium residential project with an estimated revenue potential of around INR 5,000 crore. The acquisition has been executed through their joint venture entity, Canopy Living LLP. The planned development will have a saleable area of approximately 3.6 million sq ft. The companies have not disclosed the transaction value or seller details. The project reflects continued developer interest in Chennai's residential market, supported by infrastructure growth and evolving housing demand.Read more

30 Mar 2026

Delhi Police's Economic Offences Wing has registered an FIR against Experion Developers and Experion Capital following a complaint by the Enforcement Directorate in a money laundering case linked to Religare Finvest Limited. The case revolves around the alleged diversion of INR 2,036 crore by former promoters Malvinder Mohan Singh and Shivinder Mohan Singh, including INR 150 crore used to acquire land in Gurugram. Investigators have raised concerns over the use of insolvency proceedings, loan acquisition at a discounted value, and voting control within the Committee of Creditors to influence the resolution outcome of Dignity Buildcon.Read more

29 Mar 2026

The central government has indicated that land acquisition for expanding India's strategic petroleum reserves is in an advanced stage, marking steady progress in boosting the country's energy security. The expansion aims to increase crude storage capacity and reduce risks from global supply disruptions. Work on planning, feasibility, and partnerships is moving alongside land-related processes. The move builds on existing reserves at key locations and reflects India's continued efforts to strengthen its buffer against oil price volatility and geopolitical uncertainties affecting fuel supply.Read more