Emaar India will invest INR 400 crore in a high-rise project called 'Elite Oasis' in Gomti Nagar Extension, Lucknow. Spanning 2.923 acres, it will include 194 luxury units priced from INR 2.75 crore to INR 4.15 crore. This is Emaar's first group housing project in the city, aimed at delivering world-class living standards. Source PTI

Enzyme Office Spaces has leased 90,000 sq ft to Vyapar at its new Sarjapura Road centre in Bengaluru. With 3,000 total seats, around 800 remain open for leasing. Enzyme runs 32 centres nationwide and offers workspaces between INR 5,000-25,000 per desk. SUGAR Cosmetics also leased 14,000 sq ft at Enzyme's Mumbai centre earlier this year. Source - PTI

India plans to build 50 new airports in five years, expanding from the current 162, said Union Minister K Rammohan Naidu. He highlighted the UDAN scheme's success with 619 routes and projected India's MRO market to hit USD 4 billion by 2031. The government is also pushing for global collaboration in sustainable aviation fuel production. Source - PTI

Signature Global will invest INR 4,000 crore this fiscal in land acquisition and construction in Gurugram. It targets INR 12,500 crore in sales bookings after achieving INR 10,290 crore in FY25. The company reported a net profit of INR 101.2 crore and continues to expand its development pipeline with over 46 million sq ft under construction. Source - PTI

Shree Cement has partnered with RITES under a five-year MoU to upgrade its rail infrastructure for smoother raw material and product transport. RITES will oversee project planning, approvals, and contractor assessments, supporting Shree Cement's growth and sustainability goals. The agreement may be extended by mutual consent. Source - PTI

UPI transactions hit a new high of INR 25.14 lakh crore in May 2025, up 5% from April, with volumes reaching 1,867.7 crore. The value also grew 23% year-on-year. NPCI data highlights increased daily averages and broader digital adoption, reinforcing UPI's strong role in India's evolving payment ecosystem. Source - PTI

Ryan Group of Schools opened its 10th Bengaluru campus at Magadi Road, advancing its goal to expand to 20 schools in the city within five years. The new campus offers modern facilities, innovative learning, and holistic development, reinforcing the group's commitment to quality education and preparing students for global challenges. Source - PTI

Ashwinder R. Singh's report reveals a real estate shift from metros to Tier-II and Tier-III cities driven by improved infrastructure, affordability, and growing local economies. Cities like Raipur, Salem, and Ayodhya are set to lead India's next growth phase, encouraging developers and investors to prioritise early involvement and infrastructure-focused projects for long-term gains. Source - PTI

Three major technology companies have committed a combined investment of INR 4,000 crore to establish manufacturing units near the upcoming Noida International Airport. The move is expected to generate employment, enhance local infrastructure, and support the region's emergence as a tech manufacturing hub with global connectivity.

Bengaluru's Deputy Chief Minister has launched a crackdown on illegal buildings obstructing stormwater drains, a major cause of urban flooding. The initiative aims to prevent waterlogging during monsoons and enforce urban planning norms. Strict action will be taken against violators to ensure proper drainage and flood mitigation.

The Patna Metro Rail project is progressing steadily, with state officials assuring a modern and efficient urban transport system. The project, which includes key elevated corridors, aims to ease traffic congestion and promote sustainable mobility. Authorities have promised timely execution and high-quality infrastructure.

Kochi Metro Rail Ltd has floated tenders for constructing five new stations under Phase II, signalling progress in the metro's expansion plan. The development will extend metro connectivity further into the city, improve urban mobility, and support the region's transport infrastructure.

Authorities have begun an impact survey for acquiring additional land for the Noida International Airport expansion. The survey will assess displacement, compensation, and infrastructural requirements. This marks a crucial step in scaling up the airport project to meet future capacity demands and enhance regional connectivity.

The Asian Development Bank (ADB) will invest USD 10 billion over five years to support India's urban development goals. The funding targets infrastructure upgrades, green mobility, climate resilience, and inclusive growth in urban areas. This initiative is set to enhance liveability, sustainability, and economic opportunities in major cities.

The Chandigarh Deputy Commissioner has ordered an investigation into the resumption of unauthorised construction at a Sector 17 site. Despite prior stop-work notices, activity restarted, prompting fresh action. Authorities are examining regulatory violations to determine further legal steps and enforcement measures.

Sushma Joynest Aerocity, a plotted residential development, has received RERA approval. Located strategically in Punjab's Aerocity region, the project is expected to attract buyers seeking regulated and well-located plots. The RERA clearance boosts buyer confidence and ensures transparency in project execution.

Godrej Properties is set to launch a new 14-acre residential project in Pune, marking a significant expansion in the city. The development will offer modern amenities and sustainable design, targeting the growing demand in Pune's real estate market. This move aligns with Godrej's strategy to strengthen its presence in key growth corridors, enhancing investment opportunities in Pune's residential sector.

NBCC's controversial bulk sale of Amrapali Group's remaining flats has led to widespread dissatisfaction among homebuyers. Buyers allege a lack of transparency and express concerns over the deal's impact on possession timelines and property rights. The sale highlights ongoing challenges in resolving stalled real estate projects and stresses the need for better regulatory oversight to protect homebuyers' interests.

To tackle rising air pollution, the Delhi government has mandated installation of anti-smog guns in all high-rise construction sites. These devices help suppress dust and particulate matter, aiming to improve air quality during construction activities. The policy reflects Delhi's commitment to environmental sustainability and protecting public health amid persistent pollution challenges.

Bengaluru's Bruhat Bengaluru Mahanagara Palike (BBMP) has reported record property tax collections of INR 2400 crore, reflecting improved compliance and efficient tax administration. This milestone will support enhanced urban infrastructure and services. BBMP's efforts highlight growing civic participation and the potential for better-funded municipal projects in India's tech hub.

The Delhi government has made the garbage user charge optional for property tax payers, easing the payment burden for residents. This decision aims to increase property tax compliance by giving taxpayers flexibility in charges they pay. It reflects the government's efforts to balance revenue collection with citizen convenience.

Chandigarh Municipal Corporation has achieved a record property tax collection of INR 60 crore during the rebate period, driven by increased compliance and awareness campaigns. This boost in revenue is expected to improve municipal services and infrastructure development in the city. The success highlights the positive impact of incentives on tax payments and urban governance.

Uttar Pradesh State Industrial Development Authority (UPSIDA) has allotted 113 mega industrial plots, expected to attract investments worth INR 700 crore. This initiative aims to boost industrial development, generate employment, and strengthen the state's economic growth. The move supports Uttar Pradesh's ambition to become a key industrial hub in northern India.

Greater Noida Authority has initiated the allotment process for 40 industrial plots to encourage entrepreneurship and industrial expansion. This effort is designed to attract startups and established businesses, fostering economic development and job creation in the region. The move aligns with Greater Noida's vision of becoming a prominent industrial and commercial hub.

Following approval from the estate office, Chandigarh Municipal Corporation has advanced plans for land disposal to optimise asset utilisation and raise funds for urban development projects. This initiative is expected to facilitate infrastructure upgrades and enhance public services, reflecting the corporation's strategic approach to urban management.

Bhubaneswar has expanded its One-Day Adalat (ODA) courts to expedite resolution of building plan disputes. This expansion aims to reduce legal backlogs and provide faster clarity to builders and residents, improving the city's construction and regulatory environment. It demonstrates Bhubaneswar's commitment to streamlined governance and urban development.

Real estate stakeholders in Maharashtra have raised concerns about glitches and inefficiencies in the state's online property registration system. They are calling for urgent reforms to improve transparency, speed, and user experience. The demand reflects growing frustration among developers, legal professionals, and homebuyers over delays and technical issues in the digital process.

Telangana RERA has set up a dedicated enforcement wing to ensure faster compliance and monitoring of real estate projects across the state. The move aims to strengthen regulatory oversight, curb malpractices, and safeguard homebuyers interests. The new wing is expected to enhance accountability and streamline grievance redressal in the sector.

The Telangana government has finalised 21 lakh beneficiaries under the revamped Indiramma housing scheme aimed at providing affordable homes to economically weaker sections. The initiative is a major push towards housing inclusivity, with financial support and infrastructure provisions tailored for low-income families across the state.

The Mussoorie Dehradun Development Authority is planning to establish a new land bank to facilitate affordable housing projects. This initiative is part of efforts to address rising housing demand and promote inclusive urban development in Uttarakhand. The land bank will be used for cost-effective residential projects for low and middle-income groups.

Housing societies in Maharashtra are seeking clarity on redevelopment guidelines and maintenance charges in light of new draft rules. Concerns have been raised over financial implications and procedural transparency. The societies have urged the state government to issue detailed clarifications to prevent confusion and ensure fair implementation.

Several developers in Gujarat have received notices from GujRERA for conducting pre-registration bookings without proper approvals. The authority is cracking down on non-compliance to protect buyers and ensure transparency. This move aims to regulate sales practices and uphold real estate laws, reinforcing buyer confidence in Gujarat's property market.