Sobha Ltd. has reported a sharp jump in its Q4 FY24 net profit to INR 41 crore, nearly six times higher than last year. The strong performance is attributed to higher project sales and cost control. The company also saw a rise in booking value and construction milestones across key markets.

Schaeffler India has inaugurated a new manufacturing facility in Hosur, Tamil Nadu, to produce automotive components and support EV innovation. The move aligns with its expansion strategy in South India and is expected to boost employment and local supply chains. The company plans to cater to both domestic and export markets.

The RBI has projected that India will remain the fastest-growing major economy in FY26, supported by strong domestic demand, improved capacity utilization, and a resilient services sector. The forecast underscores macroeconomic stability and investor confidence amid global uncertainties. Policy continuity and structural reforms are expected to sustain growth momentum.

With tighter margins and shifting buyer preferences, many real estate brokers are diversifying into allied services like property management, interior consulting, and financial advisory. The trend is driven by digital disruption and reduced brokerage fees, prompting professionals to find alternate income sources and adapt to a more competitive market.

Leena Tewari, chairperson of USV Pvt Ltd, has purchased two sea-facing duplex apartments in Worli, Mumbai, for over INR 120 crore. Her investment highlights a growing trend of women independently investing in luxury real estate. This shift reflects changing financial dynamics and increasing participation of women in high-end property markets.

External commercial borrowings (ECBs) have surged nearly fivefold to USD 18.6 billion in FY25, driven by Indian firms tapping global markets amid favorable interest rates. Power, infrastructure, and manufacturing sectors are leading the inflows. The trend reflects strong international lender confidence and a shift toward offshore fundraising amid domestic rate uncertainty.

Life Insurance Corporation (LIC) has fully subscribed to Adani Ports and SEZ's INR 5,000 crore issue of non-convertible debentures. The deal marks strong institutional confidence in the company's financial stability. The funds are expected to support infrastructure expansion and debt management, boosting Adani Group's capital-raising efforts post regulatory scrutiny.

SEBI is enhancing its surveillance of the equity derivatives market amid increased retail participation and leveraged trades. With higher volatility and risks, the regulator plans to adopt a framework assessing concentration and stress scenarios. The move aims to preempt systemic threats and safeguard market integrity through tighter oversight of brokers and trading platforms.

Telangana RERA has imposed a INR 14.9 lakh penalty on a developer for not registering a real estate project as mandated. The authority also directed the builder to refund the buyers. The move is part of efforts to ensure compliance and protect consumer interests in the state's real estate sector.

Karnataka Deputy CM D.K. Shivakumar has ordered the removal of buildings that obstruct stormwater drains in Bengaluru, contributing to frequent urban flooding. A detailed survey is underway, and bulldozers will target illegal structures soon. The crackdown aims to address long-standing civic infrastructure issues.

Apple has leased 8,000 sq ft of prime retail space in Bengaluru's Jayanagar area, paying INR 2 crore annually. This move aligns with the expansion of its retail presence in India, as Foxconn nears completion of its local facility. The deal underlines Bengaluru's role as a key retail hub.

Mumbai's high-end property market has seen a flurry of activity, with pharma industry leaders purchasing luxury residences. A landmark INR 639 crore transaction involving prominent families signals rising interest in premium housing in areas like Worli. This trend reflects growing wealth and confidence in Mumbai's real estate market.

Major hotel chains, including Indian Hotels, ITC, and Marriott are planning around two dozen new properties in the Northeast, driven by growing tourism and improved infrastructure. The region, once considered less accessible, is emerging as a new hospitality frontier, with states like Assam, Sikkim, and Meghalaya seeing increased investment interest.

Following complaints about rising property tax bills, the BMC has postponed its plan to introduce Solid Waste Management (SWM) charges for residential properties. The proposed charges ranged from INR 60 to INR 100 per month. The civic body is expected to re-evaluate the move amid growing public opposition and the upcoming elections.

Sunteck Realty has been awarded a redevelopment project worth INR 1,100 crore by a state-owned authority in Mumbai. The project will cover a 10-acre land parcel in Mira Road, aiming to transform it into a large-scale mixed-use development. This deal significantly enhances Sunteck's presence in the Mumbai Metropolitan Region's redevelopment market.

A major township project has been proposed on the defunct Hukumchand Mill land in Indore. The residential development aims to transform the area into a vibrant housing hub. With project clearance under process, developers plan to utilize the centrally located plot for a large-scale housing revival, pending regulatory approvals.A major township project has been proposed on the defunct Hukumchand Mill land in Indore. The residential development aims to transform the area into a vibrant housing hub. With project clearance under process, developers plan to utilize the centrally located plot for a large-scale housing revival, pending regulatory approvals.

The Coimbatore Corporation launched a clearance drive, removing commercial encroachments along Sanganoor Canal. The move is aimed at restoring canal flow and preventing flooding. Business owners protested, citing inadequate notice, but civic officials cited public safety and long-term planning as the rationale behind the evictions.The Coimbatore Corporation launched a clearance drive, removing commercial encroachments along Sanganoor Canal. The move is aimed at restoring canal flow and preventing flooding. Business owners protested, citing inadequate notice, but civic officials cited public safety and long-term planning as the rationale behind the evictions.

India has set a goal to cut 8 gigatons of CO? emissions from buildings by 2050. Strategies include energy-efficient designs, improved construction practices, and green certifications. The target aligns with the country's broader climate commitments under the Paris Agreement and focuses on both new and existing buildings.

Charholi residents near Pune held a bandh protesting the town planning schemes, alleging forced land acquisition and inadequate compensation. Protestors demand a halt to current development plans and insist on fair discussions with stakeholders. Authorities maintain the schemes support planned urban growth.

Punjab Chief Minister Bhagwant Mann assured landowners that the new land pooling policy will be transparent and free from coercion. He stated that farmers would be stakeholders in development projects and criticized previous regimes for forced acquisitions. The government plans to link compensation with market rates.

A Delhi court has ordered action against Parsvnath Developers for failing to deliver flats at its Parsvnath Privilege project in Greater Noida, delayed by 17 years. The court noted severe hardship faced by allottees and directed authorities to ensure justice. The builder may face recovery proceedings.

Germany has extended its rent control policy in urban areas until 2029 to counter rising rents and a housing shortage. The rule limits rental increases and aims to protect tenants. However, critics argue it may discourage new construction and affect long-term supply.

Tokyo set a new record with the sale of a USD 67 million penthouse in the Azabudai Hills project. The luxury apartment, spanning three floors, reflects Japan's booming high-end real estate market, driven by limited supply, investor interest, and premium amenities.

US-based logistics real estate developer Panattoni plans to invest USD 100 million in India's top industrial corridors, including Delhi-NCR, Mumbai, Bengaluru, and Chennai. The company aims to develop 5-6 million sq ft of warehousing and logistics space, capitalizing on rising demand from e-commerce and manufacturing sectors.

India's massive investment in highways and expressways has overshadowed the importance of public transit systems. Experts warn that neglecting urban mobility, buses, and metro rail infrastructure could worsen congestion and emissions in cities. A balanced approach is needed for sustainable development.

Prime Minister Narendra Modi, during the 43rd PRAGATI meeting, stressed the need for full resolution of homebuyers' grievances across key housing projects. The Prime Minister reviewed 10 critical infrastructure and public service initiatives, including urban housing. He emphasized timely possession, effective implementation of the RERA Act, and enhanced coordination among central and state authorities to protect consumer interests.

The Brihanmumbai Municipal Corporation (BMC) has approved a property tax hike of up to 15%, effective from April 1, 2025, impacting over 2.1 million properties. The decision has triggered sharp criticism from residents, especially in the absence of adequate civic services. Local leaders and housing societies are demanding a rollback, citing post-pandemic economic recovery concerns.

The Punjab and Haryana High Court will hear a challenge to Gurugram's S+4 floor policy, which allows construction of four floors on residential plots. Petitioners argue the policy causes infrastructural strain and alters neighbourhood character. The Haryana government and local developers support the policy, stating it meets urban housing demands.

In a major setback to the Bangalore Development Authority (BDA), the Karnataka High Court quashed a 24-year-old land acquisition process involving 140 acres in Kempegowda Layout. The court ruled that the BDA failed to compensate landowners and uphold legal procedures, terming the acquisition as lapsed under the Land Acquisition Act, 2013.

Residents of Visakhapatnam staged protests opposing the recent property tax hike, claiming it burdens middle-class families and small property owners. The new tax calculation, based on capital value, significantly increases annual payments. Citizens have urged authorities to consider economic impacts before implementing such changes.

The Vizianagaram district is facing a severe housing crisis, with over 6,900 homes under the Pradhan Mantri Awas Yojana (PMAY) left incomplete. Delays in funding, contractor disengagement, and lack of coordination between agencies have stalled progress. Many beneficiaries continue to wait for possession despite years of eligibility.

The Supreme Court has closed contempt proceedings against the Delhi Development Authority (DDA) regarding the felling of trees in the Ridge area. The closure followed the DDA's compliance with previous court directives. The issue had raised concerns over urban environmental protection and land use violations.