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27 Oct 2025
The Karnataka government has launched a large-scale e-Khata regularisation drive under the e-Swathu initiative, covering 6.5 lakh properties across Bengaluru's urban, rural, and south districts. The drive aims to digitise property records, formalise ownership, and facilitate transactions, including registration and bank loans. With over 1.5 crore property records in the state, the initiative seeks to expand the property tax base, enhance market confidence, and boost liquidity in peri-urban areas. It builds on earlier measures, including issuing B-Khatas for unauthorised rural properties.Read more
27 Oct 2025
Realty developer Godrej Properties anticipates generating over INR 10,000 crore in gross revenue from its forthcoming residential development named Godrej Trilogy in the Worli area of Mumbai. The 2.63-acre project will comprise three towers, with two of them covering about 11 lakh square feet of saleable area now having secured RERA approval, and registration from Maharashtra Real Estate Regulatory Authority (MahaRERA) obtained earlier this week. In the first phase, the company plans to launch the two approved towers this quarter. The project is a joint development on a prime land parcel in South Mumbai, aligning with the company's strategy to expand its presence in high-potential urban land assets.Read more
27 Oct 2025
The Himachal Pradesh government has approved central assistance worth INR 3 crore under the Pradhan Mantri Awas Yojana (Urban) 2.0 - BLC component to support 117 eligible families in Una district. Each beneficiary will receive INR 2.5 lakh in four instalments to construct or upgrade their homes. The approval forms part of a larger district-wide plan covering 256 houses across various towns, with a total outlay of INR 6.40 crore. Beneficiaries have been instructed to begin construction immediately and complete it within a year.Read more
27 Oct 2025
The Goa State Pollution Control Board (GSPCB) has lowered the threshold for mandatory sewage treatment plants (STPs) in residential complexes from 50 flats to 24 flats. This follows a scientific study of wastewater generation, highlighting that complexes with 24 or more units produce significant waste. Builders are required to maintain STPs for three years or until handover to the housing society. The move addresses frequent complaints about non-operational STPs and untreated effluent discharge, aiming to protect public health and prevent environmental pollution in Goa.Read more
27 Oct 2025
Verified.RealEstate has introduced 'Verify My Land', an AI-powered digital verification tool designed to simplify property checks across Tamil Nadu. The service allows individuals to conduct over 20 verifications on lands, buildings, and apartments within minutes, free of cost. Organisational users can access the same for a nominal fee. Integrated with GIS-based calculators and document checkers, the platform ensures instant insights on zoning, FSI, flood exposure, and more-enhancing transparency and reducing dependency on government offices.Read more
26 Oct 2025
The Bombay High Court has issued an interim order preventing the unauthorized division of a 620-square-foot flat into two separate units in a suburban housing society. The court observed that the structural changes were made without approvals, and the issuance of separate share certificates lacked legal authority. The society had highlighted misuse of office by the flat occupants, who were society office bearers. The ruling safeguards the rights of other members until the next hearing, emphasizing adherence to legal procedures and proper approvals in housing society matters.Read more
26 Oct 2025
The Ulhasnagar Municipal Corporation (UMC) has called on residents to carefully verify the legality of buildings before purchasing flats or shops. The civic body highlighted that many developers construct properties without proper permissions, leading to potential financial and legal issues for buyers. Past efforts to tackle unauthorized constructions included demolition orders and partial regularizations. The UMC emphasized that it will not be responsible for losses if unauthorized structures face demolition, urging buyers to check approvals, occupancy certificates, and municipal records to avoid risks.Read more
26 Oct 2025
Earlier this week, the Karnataka government announced that approximately 650,000 unauthorised properties across gram panchayats in and around Bengaluru will be eligible for digital e-khata documentation under the e-Swathu initiative. The move aims to bring over 9.5 million such properties statewide into the tax net, enabling owners to complete registrations and secure bank loans. It is also expected to significantly enhance property-tax collection for local panchayats and boost transparency in real-estate records.Read more
26 Oct 2025
Canada's housing market slowed in September, with national home sales falling 1.7 percent from the previous month, according to the Canadian Real Estate Association (CREA). The decline ended a five-month streak of steady growth seen since April. Lower sales in markets such as Greater Vancouver, Calgary, Edmonton, Ottawa and Montreal outweighed gains in the Greater Toronto area and Winnipeg. Despite the monthly dip, sales were 5.2 percent higher than a year ago. CREA noted that activity still reached its strongest level for September since 2021, reflecting continued underlying demand despite recent price softness.Read more
25 Oct 2025
The White House will submit plans for President Trump's 250 million USD ballroom to the National Capital Planning Commission, even as demolition work is already underway in the East Wing. While Trump promised the project would not affect existing structures, images of partial demolition raised public concern. The project, funded by Trump and private donors, is exempt from historic preservation review, drawing criticism from heritage experts and politicians. Tourists and officials have questioned the transparency and impact on historic structures, while the East Wing's proximity to a secure presidential facility adds further complexity.Read more
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25 Oct 2025
In a recent regulatory shift, the government of Tamil Nadu eased parking space norms for large residential properties. Homes on plots measuring 3,200 sq ft or more will now require space for four cars and four two-wheelers, compared with stricter provisions under the earlier rule. While developers have welcomed the move for allowing greater usable space, planners have expressed concern about its possible effect on street parking and congestion.Read more
25 Oct 2025
Recently, actor Sonu Sood and his son Eshaan Sood acquired a plot of land in the Shirdon area of Panvel Taluka for INR 1.05 crore. The site spans approximately 0.0650 hectares (777 square yards), and the transaction included stamp duty and registration charges. In a separate purchase, Eshaan also bought an apartment in Andheri West, Mumbai, for INR 2.6 crore earlier in the year, with associated duties and fees duly recorded.Read more
24 Oct 2025
The Union Housing and Urban Affairs Ministry has approved the construction of over 1.41 lakh new homes under the Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0), taking the total number of sanctioned houses under the scheme beyond 10 lakh. The new projects cover 14 states and Union Territories, including Assam, Gujarat, Rajasthan, Tamil Nadu, and Uttar Pradesh. The ministry emphasized that these projects should be developed in areas with proper infrastructure, roads, and public transport. PMAY-U 2.0 also focuses on inclusivity, supporting vulnerable sections and promoting women's empowerment through joint or female-headed ownership of houses.Read more
23 Oct 2025
Nikhil Nanda, son-in-law of Amitabh Bachchan and Chairman of Escorts Kubota Limited, has bought a luxury apartment in Juhu, Mumbai, for around INR 28 crore. The 3,550 sq ft apartment, part of K Raheja Corp's Maestro project, includes three parking spaces and a terrace, and the sale was executed through his sister Nitasha Nanda. The project, set for completion by the end of 2026, spans 1 lakh sq ft and offers panoramic views of Juhu Aerodrome and the Arabian Sea, catering to high-net-worth individuals and Bollywood personalities.Read more
23 Oct 2025
The Delhi Development Authority (DDA) has opened registrations for its latest project, DDA Towering Heights in Karkardooma, East Delhi, from 31 October to 21 November. The first phase offers 1,026 premium 2BHK apartments priced between INR 1.78 crore and INR 3.09 crore, ranging from 142 to 250 sq m. Standing 155 metres tall with 48 storeys, it will be the tallest building in Delhi and part of the East Delhi Hub, a 30-hectare mixed-use development. Strategically located near Karkardooma Metro Interchange, the project offers excellent connectivity. Nearing completion under the Transit-Oriented Development initiative, handover is scheduled for July 2026.Read more
23 Oct 2025
A technical team from the Kerala Coastal Zone Management Authority (KCZMA) recently conducted a detailed inspection at the sites in Maradu, Kochi, where apartment complexes had been demolished following Supreme Court orders. The visit aimed to review compliance with Coastal Regulation Zone (CRZ) norms, assess post-demolition land restoration and evaluate the ecological health of the adjoining water bodies. A comprehensive report will soon be presented to the central and state governments.Read more
22 Oct 2025
Realty developer House of Hiranandani has announced its plans to invest about INR 500 crore in a new commercial project located in Andheri East, Mumbai. The company, known for its large-scale residential and commercial developments, has recently acquired a one-acre plot for this purpose. The project will feature a premium-grade commercial tower with a total leasable space of nearly 4 lakh sq ft. With this investment, the company intends to strengthen its foothold in Mumbai's rapidly evolving office market.Read more
21 Oct 2025
South India's real estate market has shown notable resilience this year, led by Bengaluru, Chennai, and Hyderabad. Strong developer confidence, steady office space absorption, and increasing demand for premium homes above INR 1 crore are shaping the region's property growth. The market is also supported by infrastructure improvements such as expanding metro lines, smart city projects, and sustainable urban planning. South West Bengaluru, supported by the Metro Purple Line and the Peripheral Ring Road, has recorded 15-21 percent price appreciation over the past year, with areas like Kengeri, Banashankari, JP Nagar, and Mysore Road seeing strong buyer interest.Read more
21 Oct 2025
Signature Global (India) Ltd. has made a remarkable entry into the Global Real Estate Sustainability Benchmark (GRESB), achieving a score of 84 and full marks in Leadership and Governance. The company's commitment to sustainability is evident through its transparent ESG framework, environmental policies, and responsible development practices. Its efforts have also been acknowledged through multiple industry awards celebrating its innovation, eco-friendly developments, and leadership in sustainable real estate.Read more
21 Oct 2025
The Maharashtra government's 'Fourth Mumbai' initiative, centred around the Vadhavan Port region, is reshaping Vasai into a key hub of urban and economic growth beyond Greater Mumbai. Backed by large-scale infrastructure projects, including the Mumbai Metro extension, the Bullet Train corridor, and new road networks, Vasai is transitioning from a peripheral suburb into a planned, sustainable urban zone attracting strong private real estate investments and infrastructural innovation.Read more
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