Amitabh Bachchan has expanded his real estate portfolio by purchasing a 25,000 sq ft land parcel in Ayodhya for nearly INR 40 crore. The deal, reportedly facilitated by House of Abhinandan Lodha, is located near the upcoming Ram Mandir. This move reflects growing investor interest in Ayodhya's potential as a religious and tourism-driven growth destination.
Mahindra Lifespaces has announced its decision to fully exit the affordable housing sector by FY30 to concentrate on the premium housing segment. The company's CEO stated this shift aligns with profitability goals and changing consumer demand. This marks a strategic pivot as developers reassess business models amid evolving market dynamics and price pressures.
OYO has refiled for an IPO, eyeing a valuation of around USD 7 billion (approx. INR 58,000 crore). This is its third attempt after earlier delays amid regulatory and market hurdles. The SoftBank-backed firm seeks to raise funds for growth and debt repayment, reviving investor interest in the travel-tech space.
Finance Minister Nirmala Sitharaman commended fintech companies for playing a pivotal role in expanding India's digital financial infrastructure. Speaking at an event, she highlighted their contribution to inclusive growth and financial access, especially in underserved areas. The remarks underscore the sector's importance in India's broader economic strategy.
JioBlackRock Asset Management has received approval from SEBI to launch its mutual fund business in India. The joint venture between Reliance Industries and BlackRock aims to offer tech-driven investment solutions to a wide customer base. This move marks BlackRock's re-entry into the Indian MF space and could disrupt traditional players with digital-first strategies.
Wealth management firm 360 One is venturing into investment banking, aiming to expand its service offerings beyond asset management. The company also plans to close four new funds this year, focusing on private equity and alternative assets. The move signals its intention to deepen its financial services footprint in India.
The Bruhat Bengaluru Mahanagara Palike (BBMP) is preparing to issue tax evasion notices to around 4 lakh property owners. This crackdown follows data discrepancies and aims to recover unpaid property taxes. BBMP is leveraging digital records and GIS mapping to identify defaulters and ensure better compliance.
The Indore administration plans to nullify plot registrations in unauthorised colonies. The move follows growing illegal developments lacking proper approval and infrastructure. Officials aim to curb unregulated growth and protect buyers by enforcing planning norms and halting transactions in these areas.
Assam Chief Minister Himanta Biswa Sarma has pushed for faster development of satellite townships and central business districts across key urban centres. This initiative aims to reduce congestion in Guwahati and foster balanced regional growth through improved urban infrastructure and planned expansion.
The Bhubaneswar Development Authority has rolled out two major town planning schemes in Dasapur and Malipada to streamline urban growth. The initiative focuses on systematic land development, infrastructure upgrades, and integration of residential and commercial areas, supporting Bhubaneswar's long-term urbanisation goals.
Chandigarh is set to become a model city in land record digitisation with the launch of its Naksha project. The initiative will digitally map and integrate property records, simplifying approvals and ensuring transparency. It also aims to prevent illegal constructions and streamline urban planning processes.
India's largest hydroelectric power project, being developed by NHPC, is on the verge of becoming operational. The 2,000 MW Subansiri Lower Hydroelectric Project, located on the Assam-Arunachal Pradesh border, is now in its final stages, with NHPC awaiting the last regulatory clearance. Once commissioned, the project is expected to significantly boost clean energy generation and regional power supply. Source - PTI
Adore Group has announced a new luxury residential project in Faridabad, expanding its presence in the premium housing segment. The development, planned in Sector 77, will feature high-end amenities and cater to affluent buyers in the NCR region. The project aims to redefine upscale living in Faridabad, aligning with the growing demand for luxury housing options. Source - PTI
The Punjab government has rolled out a digital property registration system aimed at streamlining land and property transactions. The new initiative is expected to cut processing times, enhance transparency, and reduce manual errors. By integrating land records and automating verification, the move marks a significant step toward improving ease of doing property-related business in the state. Source - PTI
A survey by Colliers and YouGov reveals that 80% of Indian respondents prioritise owning a home, with Chennai, MMR, and Ahmedabad showing the highest positive sentiment. The desire for residential stability is driving demand, particularly in these regions. The trend is being supported by rising income levels, improved affordability, and better housing options across urban India.
State Street, a US-based financial services firm, has leased 2.1 lakh sq ft of office space in Coimbatore's KGISL SEZ, paying INR 1 crore monthly in rent. The lease is for five years and marks one of the largest office deals in the city, reinforcing Coimbatore's growing stature as a tier-2 IT and financial services hub.
Raymond Realty CEO Boman Irani has indicated that while luxury housing demand is showing signs of fatigue, the market remains resilient due to inventories held by established developers. The slowdown is attributed to high prices and limited affordability, but strong developer control ensures market stability without major price corrections.
China's Country Garden has received more time to restructure USD 14.1 billion in offshore debt. This decision offers temporary relief to the debt-laden developer as it grapples with liquidity issues amid the broader real estate slowdown in China. The extension could help avoid a near-term default and stabilise investor concerns.
NITI Aayog has suggested a new concessional loan scheme aimed at boosting private participation in urban infrastructure. Targeted towards Tier-2 and Tier-3 cities, the plan seeks to ease financing barriers for infrastructure players and improve project bankability. This aligns with India's push for inclusive urban growth and decentralised development.
The Centre has called on private players to invest in the Northeast's renewable energy sector, dubbing it the 'green gold' of India. With untapped hydro and solar potential, the region offers vast opportunities for clean energy ventures. The initiative is part of a broader push to integrate the Northeast into India's green transition.
Embassy Developments received a significant capital infusion from promoters and investor Blackstone, underscoring their long-term commitment to the real estate firm. This financial backing aims to support ongoing and new projects, improve liquidity, and strengthen balance sheets amid a stable property market. The move reflects investor confidence in India's premium real estate sector.
Ashok Leyland has posted record sales, prompting the company to declare bonus shares and highlight a strong cash surplus. The commercial vehicle maker's robust performance stems from rising demand across domestic and export markets. This financial strength enables further investments and rewards for shareholders, reinforcing confidence in its long-term growth trajectory.
GMR Airports reported increased losses in the latest quarter despite higher operating income, largely due to rising expenses and interest costs. However, a new tariff order issued by the regulator is expected to improve cash flows, providing some relief. The firm is also banking on traffic recovery and capacity expansion for future gains.
PNC Infratech has transferred its entire stake in ten operational road projects to Highways Infrastructure Trust (HIT), enabling a strategic capital recycling initiative. The move helps unlock capital, reduce debt, and redirect funds toward new projects. This deal also strengthens HIT's portfolio, reinforcing investor confidence in India's infrastructure investment trust model.
Adani Group has committed an additional INR 50,000 crore investment in the Northeast region, targeting renewable energy, infrastructure, and employment generation. This pledge strengthens its focus on sustainable growth and regional development, aligning with the Centre's push for private sector participation in the area's economic transformation. The investment will also support logistics, agri-business, and digital connectivity.
The Kanakia Group plans to demerge its real estate division into a separate listed entity to streamline operations and attract focused investor interest. The restructuring will include residential, commercial, and retail verticals under the new entity. The proposal is expected to enhance transparency and strategic direction across Kanakia's core business units.
In a unique initiative, Navi Mumbai Municipal Corporation has partnered with women from self-help groups to deliver property tax bills door-to-door. The move boosts civic engagement, offers employment to women, and ensures better compliance. This community-driven model strengthens municipal governance and citizen participation in urban management.
The Phagwara-Hoshiarpur highway project has commenced with an investment of INR 1,058 crore. The project aims to improve regional connectivity, reduce travel time, and boost trade across Punjab. Funded under the Bharatmala initiative, the highway is expected to benefit both commuters and logistics operators by easing congestion and facilitating faster movement.
Reliance Industries has pledged INR 75,000 crore for a wide range of projects in the North-East, including biogas plants, telecom infrastructure, and cancer treatment facilities. The move supports regional development, job creation, and healthcare access, aligning with the government's vision for inclusive growth and private sector-led transformation in the region.
DLF has committed INR 10,000 crore to expanding its commercial portfolio over the next four years, targeting significant growth in rental income. The investment will support new office and retail developments, primarily in Gurugram and Chennai. DLF's strategy focuses on capitalising on strong demand for quality commercial spaces in prime locations.
Housing prices increased in 48 Indian cities during the January–March quarter, according to the National Housing Bank’s (NHB) RESIDEX index. The trend reflects steady demand and limited inventory, with both metros and Tier-II cities witnessing strong activity. Developers retained pricing power despite higher interest rates and input costs, signalling a resilient residential market. Source - PTI
Businessman Analjit Singh has sold his sprawling bungalow in Lutyens' Delhi for INR 152 crore. The transaction is part of a larger business restructuring effort. The prime property, located in one of India's most exclusive neighbourhoods, was sold to a prominent Delhi-based business group.