Gurugram News Desk

13 Feb 2026

Property registrations and sales in Gurugram's Valley View Estate have been suspended after the development licence issued in 1994 to BSF Co-operative House Building Society Ltd. lapsed in 2011 and remained unrenewed. The Haryana DTCP has instructed authorities to make a red entry in revenue records, preventing all transactions until fresh approvals are secured. Despite repeated notices and a regulatory hearing last December, the society admitted it could not renew the licence. The move affects both existing residents and prospective buyers, reflecting the strict regulatory enforcement in Gurugram's real estate sector.Read more

12 Feb 2026

Sri Lotus Developers and Realty Ltd has been appointed as the developer for a redevelopment project in Lokhandwala, Mumbai, as disclosed in a regulatory update during the past week. The project adds to the company's presence in Mumbai's redevelopment-driven residential market, particularly in the western suburbs. Lokhandwala has seen consistent redevelopment activity due to ageing buildings and limited land availability. Although project size and financial details were not disclosed, the appointment aligns with the broader trend of developers focusing on urban renewal projects in established residential areas.Read more

12 Feb 2026

Ashiana Housing Ltd has sold 242 units in its kid-centric residential project, Ashiana Aaroham Phase 1 and Phase 2, in Gurugram, achieving a total booking value of INR 767.23 crore. The developer converted Expressions of Interest (EOIs) into confirmed bookings beginning February 7, 2026, with the process currently underway. The booked inventory represents a saleable area of approximately 5.03 lakh sq ft. The first two phases of the project comprise 364 apartments. With these transactions, the company has crossed INR 2,000 crore in area booked during the current financial year, reflecting sustained demand across its portfolio. Ashiana Housing has delivered over 23 million sq ft across multiple cities.Read more

12 Feb 2026

Madinet Masr for Housing and Development has signed an MoU with Al Shorouk Construction worth EGP 4.8 bln to advance residential construction at the Elan phase of its Sarai project. The agreement outlines the execution of key residential works, with completion targeted by the end of 2027. Sarai is one of the company's major township developments and remains central to its residential strategy. The move follows Madinet Masr's ongoing efforts to accelerate project execution through partnerships with established contractors.Read more

Visakhapatnam News Desk

12 Feb 2026

The Andhra Pradesh government has approved a housing project to benefit 177 families residing in the Velampeta slum area of Visakhapatnam. Residents, mostly daily wage workers, have been living in the area for nearly five decades under difficult conditions, particularly during the monsoon. The government's decision follows a field visit by Municipal Administration Minister P. Narayana. Alongside the housing plan, officials discussed fast-tracking seven roads under the Visakhapatnam Metropolitan Region Development Authority (VMRDA) master plan and developing a tourism circuit to enhance urban amenities and infrastructure. This initiative reflects focused efforts to improve both living standards and city planning in the region.Read more

11 Feb 2026

The Telangana Real Estate Regulatory Authority has ordered Apoorva Infra to compensate buyers of its Swaminarayana Eco Township project in Suryapet district after finding delays in development and failure to meet promised timelines. Acting on three complaints, the authority directed refunds with 10.7% interest in one case and interest payments in two others. It also restrained the developer from selling or marketing plots until its RERA registration is extended and instructed it to complete pending development works, citing violations under RERA norms.Read more

11 Feb 2026

The Greater Ludhiana Area Development Authority (GLADA) has dismantled three illegal colonies located in the Manakwal and Mehmoodpura areas of Ludhiana as part of its continued action against unauthorised development. The move followed repeated legal notices issued to developers who failed to stop construction activities. Authorities also initiated legal proceedings and warned homebuyers against investing in unapproved colonies that lack statutory permissions and basic civic infrastructure. The action forms part of GLADA's ongoing enforcement strategy to curb unplanned urban growth.Read more

10 Feb 2026

Camden Property has projected full-year core funds from operations below analyst expectations due to declining new lease rates and modest revenue growth. The Texas-based REIT manages over 59,210 apartment homes nationwide. Fourth-quarter effective lease rates fell 5.3%, compared with a 4.7% drop a year earlier. The company expects 2026 core FFO between USD 6.60 and USD 6.90 per share, slightly below forecasts, and first-quarter FFO also under estimates. Despite these challenges, quarterly revenue rose 1.2%, and profit per share jumped to USD 1.44, showing some resilience.Read more

10 Feb 2026

The Puducherry government has started implementing a housing subsidy scheme to help low-income families replace hut dwellings with concrete houses. The initiative combines support from the Union Territory administration with benefits under the Pradhan Mantri Awas Yojana to improve housing quality for the poor and marginalized. Chief Minister N Rangasamy said the scheme is part of a wider welfare approach that also includes higher monthly pensions for elderly people, destitute women and widows, with a focus on improving basic living standards.Read more

10 Feb 2026

The Thane Municipal Corporation has collected INR 556.19 crore in property tax so far in the current financial year, missing its INR 841 crore target by over INR 280 crore. Ward-level data shows Majiwada Manpada as the highest contributor, followed by Vartak Nagar and Naupada Kopri. To address the gap, the civic body has stepped up recovery measures, including water supply disconnections for residential defaulters and attachment of non-residential properties, while also planning payment camps in housing societies to improve compliance.Read more

10 Feb 2026

The Delhi government has moved forward with plans to refurbish nearly 18,000 flats located in jhuggi-jhoppri clusters to improve housing quality and basic civic amenities. The proposal includes structural repairs to ageing flats and upgrades to lanes, drainage, pavements, and public toilets, including separate facilities for women. National Buildings Construction Corporation Limited (NBCC) has been tasked with preparing the detailed project report. The initiative comes amid broader government efforts to address poor living conditions in informal settlements and improve access to essential urban infrastructure for slum residents.Read more

10 Feb 2026

Mahindra Lifespace Developers Ltd has entered into a joint venture with Japan's Mitsui Fudosan Group to develop a premium residential project in Whitefield, Bengaluru. The project, named Mahindra Blossom, marks the first development under the strategic partnership and will comprise around 730 homes. While the company has not disclosed the total project cost or expected revenue, it said the collaboration aims to integrate Mitsui Fudosan's global expertise in design, sustainability and customer experience into Indian residential development. The Japanese developer views India as an attractive residential market driven by economic growth and urbanisation, with the project representing its entry into the country's housing sector. Mahindra Lifespace continues to expand its residential and integrated development footprint across multiple Indian cities.Read more

10 Feb 2026

Shapoorji Pallonji Housing has announced Shapoorji Pallonji One Estate, a premium row house project within the 30-acre Joyville Howrah township near Santragachi. Spread over 8 acres, the project will offer 180 row houses designed to combine independent living with the security of a gated community. Joyville Howrah already houses over 800 families and allocates nearly 75 per cent of its area to open spaces. Strong transport connectivity and access to shared amenities remain key features of the development.Read more

10 Feb 2026

Two complaints filed at Bopal police station have accused developers linked to Privilon Buildcon LLP of cheating investors of around INR 2.22 crore through unapproved property projects in Ahmedabad's Ghuma area. The complainants alleged that payments were taken for a shop and a 2BHK flat in projects that had no land ownership or RERA approvals. Despite repeated assurances, construction never began. Police have registered FIRs and initiated an investigation to verify documents, trace fund flows, and assess whether more investors were affected.Read more