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24 Apr 2026
The Brihanmumbai Municipal Corporation (BMC) has approached the Maharashtra government to acquire 27,967 sq m of land to support the expansion of the Worli sewage treatment plant. The move comes as part of the city’s broader infrastructure upgrade to improve wastewater treatment capacity and meet tightening environmental standards. With rising population density and increasing sewage generation, the proposed land addition is expected to strengthen operational efficiency and support long-term urban sustainability goals.Read more
24 Apr 2026
The Confederation of Indian Industry has suggested setting up a National Industrial Land Council on the lines of the GST framework to streamline industrial land governance in India. The proposal focuses on faster dispute resolution, uniform rules across states, and improved coordination between authorities. It also recommends a GIS-enabled national land bank, digital single-window clearance system, and standardised stamp duty structure. The aim is to reduce delays, improve transparency in land availability, and support quicker industrial investment decisions through a more structured and centralised approach.Read more
24 Apr 2026
British Land has increased its earnings guidance after strong demand for office space from artificial intelligence and technology firms boosted rental growth across its London campuses. Leasing activity from companies such as Anthropic and the presence of global players like OpenAI have supported occupancy and pricing, offsetting weaker demand from traditional office users. The company also reported improved occupancy levels and steady performance across its key office assets. However, growth in retail and logistics segments has moderated compared to last year. The revised outlook reflects continued momentum in London’s emerging technology-driven office market.Read more
23 Apr 2026
The Maharashtra home department has been evaluating a recently cleared slum land parcel in Deonar, Mumbai, for developing a new prison facility. The land, which has been freed after rehabilitation and related redevelopment activity, is being studied as a possible site for the city’s third jail due to increasing pressure on existing correctional facilities. The proposal comes amid earlier challenges in identifying suitable urban land, including issues related to marshy terrain, transport connectivity, and CRZ restrictions at alternative locations. The plan is still at the consideration stage, with multiple departments reviewing feasibility and land reservation requirements.Read more
22 Apr 2026
The Brihanmumbai Municipal Corporation (BMC) has received bids from four major developers for a prime six-acre land parcel in Lower Parel, with a base lease price of INR 1,348 crore. The land is being offered on a long-term lease under DCPR 2034 provisions, with the selected bidder required to rehabilitate existing occupants. The move follows a Supreme Court ruling that confirmed BMC’s ownership after a long legal dispute. The proposal is currently under review, with final approvals pending before the project moves to the next stage.Read more
22 Apr 2026
Sakura Development Co Ltd has acquired two land parcels in Taoyuan City for a total consideration of TWD 1.18 billion (USD 37.40 million), as reported in the past week. The transaction reflects the company’s continued focus on expanding its land bank in key urban locations. Taoyuan has been witnessing steady real estate activity due to its proximity to Taipei and improving infrastructure. The acquisition is expected to support Sakura Development’s future residential or mixed-use projects, in line with its ongoing strategy of targeting high-growth regions within Taiwan’s property market.Read more
22 Apr 2026
Owners of industrial plots converted for commercial use in Chandigarh have sought an increase in permissible floor area ratio (FAR) and revisions to building norms, citing concerns over economic viability. The association representing these owners has urged the administration to raise FAR from the current 2.0 to at least 2.5 and relax height restrictions. Around 125 plot owners had converted their properties under a 2005 policy, contributing nearly INR 1,200 crore in charges. However, stakeholders argue that existing development constraints, including mandatory infrastructure provisions, reduce usable space and limit returns. The demand comes amid broader policy discussions on FAR enhancements for industrial areas in the city.Read more
21 Apr 2026
The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced a participatory land acquisition framework for the planned Mumbai 3.0 project, covering over 323.44 sq km across Raigad district. The policy offers landowners multiple options, including consent-based acquisition, development rights compensation, and a land pooling model with 22.5% developed land return. Linked to the Atal Setu corridor, the initiative aims to promote planned urban expansion and infrastructure-led growth. Landowners will be able to submit consent through an online system starting April 27, 2026, marking a shift towards more inclusive and transparent development practices.Read more
20 Apr 2026
Suraj Estate Developers has acquired a land parcel in Dadar West, Mumbai, for a total consideration of INR 18 crore, comprising a cash component and area-sharing with landowners. The acquisition will be redeveloped into a residential project with an estimated gross development value (GDV) of around INR 100 crore. The site, located in the G/North ward, falls within a key South-Central Mumbai micro-market with established demand and connectivity. The project is expected to add approximately 0.18 lakh sq ft of saleable area and strengthen the company's near-term development pipeline within its core operating region.Read more
19 Apr 2026
Bandra Kurla Complex (BKC), Mumbai's primary business district, is entering a new phase of development driven by vertical construction and redevelopment due to limited land availability. With most parcels already built out, future Grade-A office supply is expected to come from optimising existing assets rather than horizontal expansion. Industry observers indicate that demand from global occupiers is shifting towards larger, efficient and sustainable office spaces, prompting redevelopment of ageing stock. Emerging sub-markets such as H-Block are expected to absorb new supply amid constrained availability in the core district. The transition reflects a structural shift in BKC's growth model, aligned with global financial hubs where land scarcity has led to higher-density and design-led development.Read more
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19 Apr 2026
Yokohama Rubber Co Ltd is set to record a significant financial gain following a planned asset sale by its Israeli subsidiary. Alliance Tire Co will divest land and buildings, leading to an estimated consolidated gain of JPY 30 billion. The move reflects the company's ongoing efforts to optimise its asset base and strengthen financial performance. Such strategic divestments have been part of broader restructuring trends among global tyre manufacturers aiming to improve capital efficiency and focus on core operations.Read more
18 Apr 2026
The Chhattisgarh cabinet has approved a 50% reduction in land registration charges for properties registered in the name of women, aimed at promoting ownership and financial inclusion. The decision was taken during a cabinet meeting chaired by the chief minister in Nava Raipur. In a parallel move, the cabinet also approved a 25% concession in stamp duty for defence personnel, ex-servicemen and their widows for property purchases up to INR 25 lakh. The policy is expected to encourage property ownership among women, particularly in rural and semi-urban areas, despite an estimated revenue impact of around INR 153 crore. The measure reflects a targeted approach towards gender-focused asset ownership in the housing market.Read more
17 Apr 2026
Barratt Redrow has reduced its land approval and spending targets for the current financial year as it adopts a cautious approach due to rising costs and interest rate uncertainty linked to the ongoing Iran conflict. The company now plans to approve fewer land plots and lower its overall investment. This move reflects a broader trend in the UK housing sector, where developers are becoming more selective. Despite these changes, Barratt Redrow has maintained its profit and home completion guidance, though it has indicated limited visibility beyond the current financial year.Read more
17 Apr 2026
The Dharavi Redevelopment Project is moving forward with plans to build around 11,000 rehabilitation homes on a 35-acre railway land parcel in Matunga. The project targets residents from Sector 6, where clusters are being cleared to enable construction of 350 sq ft units. Authorities have asked residents to shift to transit housing or rental accommodation, offering INR 5,000 as shifting support and rental aid with annual increases. While this marks progress, concerns remain around eligibility, communication, and clarity on permanent housing allocation among affected residents.Read more
17 Apr 2026
The Patna Municipal Corporation (PMC) has initiated a comprehensive citywide property survey to address revenue leakages and identify discrepancies in property records. The exercise, undertaken in the past week, aims to bridge the gap between over five lakh electricity connections and only around 3.06 lakh registered properties. The survey will involve door-to-door verification, geo-tagging, and cross-checking of self-assessed data to detect unregistered holdings and misuse of residential properties for commercial purposes. The move follows directions from the urban development and housing department and aligns with a Supreme Court mandate requiring states to report unauthorised land-use changes. The initiative is expected to strengthen property tax collection, improve compliance, and enhance municipal financial capacity for urban infrastructure.Read more
16 Apr 2026
The Chandigarh administration has approved an increase in the Floor Area Ratio (FAR) for group housing projects, aimed at reducing per-unit housing costs and improving affordability in the city. The decision, cleared in the past week, allows higher construction density, including permission for additional floors in select developments such as the Sector 53 housing scheme. The revised FAR, increased from earlier limits, is expected to enable developers to build more units on the same land parcel, thereby distributing land costs across a larger inventory. The move aligns with the Chandigarh Master Plan framework and follows concerns over high housing prices and limited supply. The policy also introduces caps on ground coverage and building height to maintain planning controls while facilitating higher-density development.Read more
15 Apr 2026
The district administration in Beed has intensified efforts to expedite land acquisition for the Beed Parli Vaijnath railway corridor, with the district collector conducting a multi-location inspection across key tehsils. The review, carried out in the past week, focused on resolving pending land acquisition issues and technical constraints that have slowed project progress. Covering villages in Wadwani, Dharur and Parli tehsils, the inspection involved direct engagement with affected landowners and coordination with railway and state officials. The corridor is part of a broader rail infrastructure initiative aimed at improving connectivity between Marathwada and major economic centres such as Mumbai and Pune. The intervention is expected to facilitate smoother execution by addressing stakeholder grievances and unlocking stalled land parcels critical to project completion.Read more
15 Apr 2026
Efforts to regularise more than 450 unauthorised colonies in Indore have encountered significant administrative and regulatory challenges, with multiple government departments raising objections during the review process. While the Indore Municipal Corporation (IMC) has previously legalised over 200 colonies in earlier phases, the remaining settlements face issues related to land ownership, zoning restrictions, and lack of mandatory approvals. A substantial number of these colonies are situated on land falling under urban land ceiling provisions, green belts, or areas controlled by agencies such as the Indore Development Authority and Housing Board, making them ineligible under existing policy. The absence of approved layouts and pending development charges has further slowed progress, leaving residents without access to formal infrastructure, institutional finance, and civic services.Read more
15 Apr 2026
The second phase of Amaravati's land pooling scheme has gathered pace following amendments to the Andhra Pradesh State Reorganisation Act (APSRA), which have reaffirmed Amaravati as the state's capital. The Andhra Pradesh government is seeking to pool an additional 16,666 acres across multiple villages in the capital region to support infrastructure projects, including a greenfield airport and industrial developments. Participation from landowners, initially limited due to concerns over political uncertainty and delays in earlier commitments, has shown signs of improvement. The Capital Region Development Authority (CRDA) has undertaken outreach measures to rebuild confidence among farmers, while also initiating land acquisition in cases where voluntary pooling has not progressed. The scheme forms a key component of the state's strategy to advance capital region development.Read more
15 Apr 2026
The Goa government has approved the conversion of more than 18,000 sq m of land in Bardez taluka into settlement zones under provisions of the Town and Country Planning (TCP) Act. The approvals, granted in the recent past, form part of a broader set of applications processed under Section 39A, which allows changes to zoning classifications in the Regional Plan. The move reflects continued demand for land-use changes in North Goa, particularly in areas witnessing residential and tourism-led development. Bardez remains among the leading talukas in such applications, with multiple proposals involving agricultural and other land categories. The approvals come amid wider scrutiny of zoning changes and their implications for planning controls, environmental considerations, and urban expansion in the state.Read more
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