Advertisement
08 Feb 2026
DLF has agreed to sell its IT/ITeS SEZ property and adjacent land parcel in Kolkata to subsidiaries of Srijan Realty for around INR 670 crore. The transaction includes DLF TechPark II, offering about 10.54 lakh sq ft of gross leasable area, and roughly 8.15 acres of freehold land, along with a 17.75-acre vacant land parcel. In FY2024-25, the SEZ business generated INR 66.88 crore, a minor share of DLF's consolidated turnover. The sale reflects DLF's ongoing strategy to optimize its portfolio and focus on core high-value assets.Read more
06 Feb 2026
The Uttar Pradesh government has approved a comprehensive Urban Redevelopment Policy aimed at rejuvenating under-utilised and ageing properties in cities across the state, providing a new roadmap for urban renewal and housing redevelopment. Under the policy, housing development authorities will be empowered to process redevelopment applications from private developers for dilapidated or disputed buildings, ensuring better utilisation of prime city land parcels and improved urban infrastructure. The policy also includes rationalisation of development fees to support urban densification and make development more affordable for local residents. By facilitating private sector participation and streamlining approval processes, the state is seeking to energise stalled or inefficient urban spaces, attract investment, and enhance living conditions in core city areas. The approval marks a key step in Uttar Pradesh's broader urban growth strategy.Read more
06 Feb 2026
G Square Group has acquired a 5-acre heritage land parcel in the heart of Madurai from the legacy owners of the TVS Group, marking one of the city's most notable real estate transactions in recent years. The land, originally owned by the late T. V. Sundaram Iyengar, founder of the TVS Group, is believed to be the group's first landholding in Madurai, lending it significant historical and cultural value. The developer plans to transform the site into a premium residential and commercial plotted project named G Square Temple View Square, located near the Periyar Bus Stand and the Meenakshi Amman Temple. Acquired for INR 167 crore, the project will include residential and commercial plots along with infrastructure and common amenities, targeting both end-users and long-term investors.Read more
06 Feb 2026
The Yamuna Expressway Industrial Development Authority (YEIDA) has declined to extend the deadline for its one-time settlement (OTS) scheme, meaning around 7,200 plot allottees in the Noida region now face possible recovery action if they do not clear outstanding dues by the end of February. The decision was taken at YEIDA's most recent board meeting, where officials observed that despite multiple previous extensions and reminders since December 1, only a small fraction of defaulters had availed themselves of the settlement offer. Total outstanding dues amount to nearly INR 4,950 crore, and the limited response to the OTS window prompted the board to maintain the existing deadline. The authority's board also approved the allocation of land for a model school and reviewed progress on stalled housing projects under the state government's rehabilitation policy, involving more than 6,800 homebuyers.Read more
05 Feb 2026
Godrej Properties Ltd has strengthened its Pune footprint by acquiring an 8.5-acre land parcel in the rapidly growing Mahalunge micro-market, marking a strategic expansion in one of India's most dynamic residential hubs. The acquisition was made through an outright purchase and is planned primarily for group housing development with a developable potential of about 2.1 million square feet and an estimated revenue potential of approximately INR 2,000 crore. Situated in the Mahalunge-Maan-Nande belt within the Mahalunge-Hinjewadi corridor, the site benefits from strong connectivity, proximity to key employment hubs such as Hinjewadi and Baner-Balewadi, and emerging infrastructure including the upcoming Pune Inner Ring Road. Godrej's leadership views the land purchase as a critical step in deepening its presence across high-potential micro-markets in major Indian cities.Read more
03 Feb 2026
Brigade Enterprises has acquired a 2.25-acre land parcel in Secunderabad to develop a residential project with an estimated revenue potential of around INR 650 crore. The company disclosed the development in a recent regulatory filing but did not reveal the cost of the land acquisition. The project's Gross Development Value is pegged at approximately INR 650 crore. The move strengthens Brigade's residential presence in Hyderabad, a market witnessing steady housing demand, and aligns with its long-term expansion strategy across key Indian cities.Read more
02 Feb 2026
Bengaluru-based real estate developer Abhee Ventures has acquired a 45-acre prime land parcel in Gunjur, East Bengaluru, to develop a large-format luxury residential township, marking a significant step in its expansion strategy. The acquisition reflects the developer's confidence in the long-term growth potential of Bengaluru's eastern corridor, supported by major infrastructure projects such as the upcoming Peripheral Ring Road, Metro connectivity on Sarjapur Road and the proposed SWIFT City development. Envisioned as a master-planned residential community, the project will feature premium homes, expansive green spaces and lifestyle-oriented amenities. Ahead of the launch, Abhee Ventures has also associated with industry veteran Ashwinder R. Singh to strengthen institutional systems, brand positioning and go-to-market strategy, reinforcing its ambition to scale up as a Category A residential developer in the luxury housing segment.Read more
02 Feb 2026
British Land has agreed to acquire Life Science REIT in a deal valuing the trust at about GBP 150 million, or USD 207.1 million. The transaction marks British Land's entry into the life sciences real estate segment, expanding beyond its traditional focus on retail parks and mixed-use developments. Life Science REIT owns assets catering to research and laboratory occupiers, a sector that has seen sustained demand in the UK. The deal reflects British Land's strategy to diversify into property segments with long-term growth potential.Read more
02 Feb 2026
The Jaipur Development Authority (JDA) has approved land allotment for the upcoming Jaipur Metro Phase-1C extension, a 2.85-km stretch running from Badi Chaupar to Transport Nagar via Galta Gate. This decision by the Authority's land and property disposal committee clears a significant hurdle in advancing metro expansion in the historic city, as 7,700 sqm of land has been earmarked for the project. To facilitate the use of forest department land along the alignment, JDA will conduct a land swap, allotting 2.01 hectares in Daulatpura village, Amer tehsil to the forest department in exchange. The extension includes an underground station at Ramganj Chaupar and an elevated station at Transport Nagar, bringing much-needed urban transit deeper into Jaipur's dense central areas and improving connectivity. Officials highlight that this step accelerates preparations for construction activity and supports broader transport and real-estate development goals in the city.Read more
02 Feb 2026
The Gurugram Authority is exploring land allocation and real estate revenue options to improve the financial sustainability of the newly built Gurugram Metro. Gurugram Metro Rail Limited (GMRL) had earlier requested that land parcels along the metro corridor be studied for potential commercial and value capture development to generate revenue beyond fare collections. In response, the city's zonal office and chief town planner have been asked to examine suitable land allocation and value capture finance mechanisms that could include commercial development rights, increased floor area potential near stations, transit-oriented development, and other real estate-linked revenue streams. The move comes as transit systems increasingly look to non-fare income sources including leasing, advertising, and property development to bridge funding gaps. The proposal is seen as a step toward making the Gurugram Metro financially viable and less dependent on government subsidies.Read more
Advertisement
30 Jan 2026
AIPL has acquired a 43-acre land parcel in Gurugram's Sector 103 on the Dwarka Expressway for INR 1,000 crore through the Debt Recovery Tribunal, allowing six banks to exit their exposure on the asset. The developer is also in talks to acquire an additional 20 acres, building toward a multi-phase integrated township. The first phase, AIPL Lake City, covering 5.14 acres, has a revenue potential of INR 1,500 crore, while the entire township is expected to generate over INR 20,000 crore. The project includes high-rise towers with premium pricing.Read more
29 Jan 2026
The Telangana government has initiated a comprehensive forensic audit of land transactions across all districts to investigate possible irregularities in records generated through the Dharani land-records portal, officials have said. The move follows preliminary forensic examinations in two districts that reportedly flagged misuse of the digital system, including irregular transfers and shortfalls in government dues. Authorities have indicated that the audit will extend to all remaining districts after initial findings suggested discrepancies in thousands of cases and potential diversion of government revenue. The exercise is aimed at restoring confidence in land records and ensuring transparency in property transactions, as well as taking action against any misuse or unlawful transfer of public land. Revenue officials are overseeing the audit process in coordination with specialised agencies.Read more
29 Jan 2026
MHADA has approved an allocation of INR 200 crore to reacquire three out of four disputed plots linked to the Patra Chawl redevelopment project in Goregaon West, Mumbai, following cabinet approval. This settlement addresses a contempt petition filed by builder Guruashish Constructions, a subsidiary of HDIL. The redevelopment, originally stalled by 2011, was taken over by MHADA in 2018 and completed by 2024. The payment will be recovered through sales of flats on these plots at market rates. The move resolves part of the legal disputes and restores rights over the land.Read more
29 Jan 2026
Robinsons Land Corp has authorised the sale of 945.9 million common shares of RL Commercial REIT Inc at a price of PHP 7.40 per share, according to a Reuters-cited filing. The shares relate to the listed REIT, which focuses mainly on office assets and trades under the ticker RCR.PS. The disclosure does not specify the execution timeline or buyers. RL Commercial REIT is sponsored by Robinsons Land and forms part of the Philippines relatively young REIT market, which has seen gradual stake adjustments by sponsors since listing.Read more
28 Jan 2026
The Allahabad High Court has dismissed review petitions filed by the Yamuna Expressway Industrial Development Authority (YEIDA) in a long-running land dispute with Silverline Furnishing and Furnitures Pvt Ltd, reaffirming its earlier ruling that directs YEIDA to hand over physical possession and execute lease formalities for a township plot in Greater Noida. The dispute centres on a roughly 100-acre parcel in Sector 18 originally allotted under a 2011 scheme, where YEIDA had failed to deliver physical possession despite collecting premium payments and related fees. The division bench found no apparent on the face of the record in its November 2023 judgment and noted that YEIDA's review pleas sought to re-argue merits beyond the limited scope of review jurisdiction. The court's directives to revise demand notices and adjust lease documentation remain in force.Read more
27 Jan 2026
Dubai-based logistics operator DP World has signed an agreement with the Government of Madhya Pradesh to develop the Powarkheda Logistics Composite Hub, a rail-linked inland logistics gateway designed to bolster export competitiveness and strengthen supply chain infrastructure in Central India. The pact was exchanged at the World Economic Forum in Davos in the presence of DP World Group Chairman & CEO Sultan Ahmed bin Sulayem and Madhya Pradesh Chief Minister Dr Mohan Yadav, reflecting the state's strategic intent to integrate into national and global trade corridors. The Powarkheda hub, planned across about 88.3 acres, will offer containerised export-import rail connectivity to the Jawaharlal Nehru Port Authority at Nhava Sheva, domestic rail links to key consumption centres, warehousing and temperature-controlled cold storage, and on-site container services. It will also provide leased land for value-addition, processing and cargo aggregation, aimed at reducing logistics costs, improving reliability and driving inclusive growth for farmers, MSMEs and industry players.Read more
27 Jan 2026
The Uttar Pradesh government has identified land parcels in around 14 districts for the development of micro, small and medium enterprises (MSMEs), offering concessional rates in relatively underdeveloped regions such as Purvanchal and Bundelkhand. Land will be allotted through an option-based mechanism, with base rates fixed at INR 2,500 per sq m, while select regions will receive a 25% rebate. The announcement was made during the inauguration of the Uttar Pradesh International Trade Expo (UPITEX) 2026 in Lucknow. In addition, the state has announced plans to develop industrial parks in all 75 districts, with 100 acres earmarked in each district to strengthen decentralised industrial growth. The measures are aimed at boosting MSME-led employment generation and supporting Uttar Pradesh's long-term economic targets.Read more
27 Jan 2026
The widening of the 33km Chokak Ankali section of the Nagpur Ratnagiri National Highway is set to restart after land acquisition hurdles were cleared. A Gazette notification under the National Highways Act officially transferred the stretch to the National Highways Authority of India (NHAI), enabling construction to begin. District authorities confirmed that land evaluation will conclude shortly, and compensation will be paid within two months, following farmers demands for fair awards. This step addresses a major bottleneck that had stalled work for years, bringing the project closer to timely completion.Read more
27 Jan 2026
The Haryana government has approved a direct land purchase policy to accelerate the Millennium City Centre Cyber City Metro corridor in Gurugram. The move allows Gurugram Metro Rail Limited to buy private land through mutual agreement instead of relying only on compulsory acquisition. Landowners will be offered compensation as per the RFCTLARR Act, 2013, along with a 25 per cent incentive and rehabilitation benefits. Stamp duty will be waived and payments will be made directly to landowners, while compulsory acquisition remains an option if talks fail.Read more
27 Jan 2026
The Bangalore Development Authority has recovered encroached land valued at more than INR 700 crore through multiple demolition drives conducted across Bengaluru over the past several months. The operations covered over 25 acres of government land reserved for layouts, roads, and public infrastructure. Major recoveries were reported in JP Nagar 9th Phase and other planned layouts. Officials confirmed that due legal procedures were followed before action. The reclaimed land will be used for future development works or auctioned where legally feasible.Read more
Advertisement
