The Municipal Corporation of Delhi (MCD) now requires mandatory registration on its dust mitigation portal for all building plan approvals. The move is part of a broader effort to curb air pollution during construction by enforcing stricter environmental compliance and monitoring.
Mumbai's Slum Rehabilitation Authority (SRA) has received interest from over 50 developers for participating in the revamped slum redevelopment scheme. The initiative aims to fast-track slum clearance projects, with plans for incentives and simplified approvals to attract private investment and accelerate housing delivery.
Schloss Bangalore announced a major investment of INR 1,131 crore to develop five luxury hotels across India. The move signals strong confidence in the premium hospitality sector, with the new properties planned in Bengaluru, Goa, and other top-tier destinations to cater to rising demand.
The Central government is set to review Bengaluru Metro's Phase 2 and Phase 3A project proposals to enhance urban mobility. These phases aim to expand the metro network, reduce congestion, and support the city's rapid urban development. The review will assess feasibility, funding, and execution timelines.
Office space rentals across major Indian cities have surged by 18%, reflecting a robust demand for commercial real estate. Delhi NCR, Mumbai, Bengaluru, and Pune are among the top-performing markets. The growth is driven by strong corporate leasing activity and limited premium supply.
The Punjab cabinet has approved a streamlined payment process for property sales handled by urban local bodies. This move aims to ensure quicker disbursal of payments to property sellers, reduce procedural delays, and enhance the efficiency of land transactions under government jurisdiction.
Concerns are rising over outdated fire safety regulations in Telangana as approvals for building fire NOCs face long delays. Experts have called for urgent policy updates and streamlined procedures to avoid disasters and ensure compliance, especially in high-rise constructions across urban areas like Hyderabad.
Promoters in Gurugram are now required to publish newspaper notices after applying for project registration with Haryana RERA. This aims to increase public awareness and transparency around new real estate projects. The notice must appear in both English and Hindi dailies within seven days of the application submission.
Google has renewed its massive 870,000 sq ft office lease in Bengaluru's Bagmane Capital business park, signalling its continued commitment to India's tech hub. The lease extension, among the city's largest, underscores Google's long-term investment in the region, aligning with the growing demand for quality office spaces from major tech firms.
India Sotheby's International Realty reported a 50% increase in inquiries from high-net-worth individuals (HNIs) looking to invest in international properties. The surge is largely driven by a desire for portfolio diversification, better lifestyle options, and favourable foreign property markets in countries like the UAE, UK, and US.
Maharashtra has introduced a dedicated online portal for deemed conveyance applications, allowing housing societies to streamline the transfer of land titles. The portal is expected to reduce paperwork, cut delays, and bring more transparency to the property title process.
Oyo's European vacation rental brand Belvilla has acquired MadeComfy, an Australian short-term rental platform. The move is aimed at expanding Oyo's global footprint and strengthening its position in the vacation rental market through strategic overseas acquisitions.
The Greater Mohali Area Development Authority (GMADA) has dismantled 30 unauthorised constructions as part of a major enforcement drive. The action targets encroachments on public and government land, with officials promising regular checks to prevent future violations.
In a major urban development push, Gujarat has approved 225 town planning schemes over the past three years. The plans focus on infrastructure expansion, regulated land use, and faster implementation of smart urbanisation projects across various cities and towns.
The New Town Kolkata Development Authority (NDITA) has announced a comprehensive fire safety audit covering 250 buildings in Sector V. The audit aims to assess fire preparedness, identify lapses, and enforce stricter compliance in the high-density commercial zone.
Telangana RERA has fined a developer INR 1.49 lakh for non-compliance in the Aura Velimala project. The penalty was imposed due to delays and failure to meet statutory obligations, reinforcing regulatory oversight on erring builders under RERA norms.
Residents of Padmavatinagar society in Mumbai's Malad have been issued an emergency evacuation notice due to serious structural concerns. Civic authorities deemed the building unsafe, prompting immediate action to prevent possible casualties or accidents.
The Goa Housing Board has introduced a joint venture model to boost affordable housing supply. The initiative encourages public-private partnerships to develop cost-effective residential projects. The board aims to address growing housing demand while ensuring quality and regulatory compliance.
Authorities in Prayagraj have launched a crackdown on 2,000 defaulters under the PMAY housing scheme. Beneficiaries who failed to complete construction or violated scheme guidelines are being investigated. The move aims to ensure accountability and proper utilisation of government housing funds.
Environmental activists have approached the National Green Tribunal (NGT) against alleged encroachments on Ludhiana's greenbelt areas. The petition accuses civic authorities of failing to curb illegal constructions and protect designated green zones, demanding immediate intervention to safeguard the city's ecological balance.
At the Maharashtra Real Estate Forum, experts urged stricter enforcement of RERA provisions and transparent practices to restore buyer confidence. Stakeholders highlighted the need for faster project approvals, dispute resolution, and robust checks to enhance accountability in the real estate sector.
Colliers anticipates a robust outlook for India's warehousing and logistics market, backed by the growth of e-commerce, consumption patterns, and supply chain shifts. The firm highlighted rising demand in Tier I and II cities and increased interest in Grade A warehousing facilities across India.
Tamil Nadu's Real Estate Regulatory Authority (TNRERA) will soon publish a list of penalised real estate projects on its official website. This move aims to promote transparency and help homebuyers make informed decisions. The authority is also strengthening its enforcement by scrutinising developers and issuing penalties for non-compliance, including failure to register projects and submit quarterly progress reports.
MahaRERA is intensifying its crackdown on developers who fail to comply with regulatory norms, including delayed registrations and lack of quarterly updates. The regulator plans to blacklist persistent offenders and bar them from registering new projects. It also seeks to enhance accountability and reduce delays that have led to stalled or incomplete developments across Maharashtra.
Century Real Estate has raised INR 1,850 crore in what it described as one of the largest funding deals in India's real estate sector in recent times. The funds will be used to scale up its residential and commercial projects in Bengaluru, reinforcing the city's status as a key growth hub for the developer. Source - PTI
Pre-engineered building (PEB) manufacturer Interarch has reported record-breaking profits, fuelled by a surge in order volumes. The company expects this momentum to sustain as demand from logistics, warehousing, and industrial sectors remains strong. Strategic investments and execution capabilities have played a crucial role in driving growth. Source - PTI
A luxury real estate fund supported by ASK Property Fund and Sotheby's International Realty has achieved an early close at INR 500 crore. The fund aims to invest in high-end residential developments across top Indian cities, tapping into growing investor appetite for premium properties. Source - PTI
NBCC (India) Ltd will undertake an INR 161.55 crore fit-out project for Power Finance Corporation's upcoming office at Nauroji Nagar, New Delhi. The work involves complete interior development and infrastructure enhancement for the new commercial facility. Source - PTI
ITC Ltd reported a significant profit increase in the fourth quarter, even though revenues remained largely flat. The company's diversified portfolio, including FMCG, hotels, and paperboards, helped cushion overall performance. The results reflect operational efficiency and margin improvements across segments. Source - PTI
Following an embankment collapse on NH-66 in Kerala, the National Highways Authority of India has taken strict action against KNR Constructions. The incident raised safety concerns, prompting a review of ongoing construction quality and supervision standards. Source - PTI
Brookfield aims to grow its India assets under management to USD 100 billion, banking on infrastructure investments and strategic acquisitions. The firm is optimistic about India's growth potential and sees long-term opportunities in real estate and energy sectors. Source - PTI
Joon Realty has revealed a luxury residential blueprint worth INR 1,125 crore, aiming to set new benchmarks in India's high-end housing space. The project will feature premium amenities and modern design, targeted at affluent homebuyers in metro cities. Source - PTI