The Delhi Development Authority is set to roll out a new housing scheme offering flats in Narela and Loknayakpuram. The initiative is aimed at providing affordable residential options in the capital, with the sale process likely to be conducted through an online portal.
The Rajasthan High Court has directed authorities to submit a compliance report regarding illegal constructions in Jaipur's Walled City area. The court is monitoring demolition drives and has demanded strict adherence to urban planning and conservation norms.
The Municipal Corporation of Delhi has launched a house tax amnesty scheme aimed at waiving penalties and interest on dues. The initiative is intended to increase compliance and improve revenue collection from property owners across the capital.
Tamil Nadu Chief Minister M.K. Stalin inaugurated a newly built apartment complex in Karur, developed under a state housing scheme. The project aims to offer affordable housing to economically weaker sections and boost regional development.
With flat prices seeing a sharp rise, the Chandigarh Housing Board is considering a new demand survey to gauge buyer interest and plan future projects accordingly. The board aims to address evolving affordability concerns and update its housing allocation strategy.
Ghaziabad�s new master plan has been cleared, paving the way for transit-oriented development (TOD) along the Regional Rapid Transit System and metro corridors. The plan focuses on structured urban growth and enhancing connectivity through high-density, mixed-use development zones.
To streamline property tax collection, the Prayagraj Municipal Corporation has started using QR code stickers on residential buildings. This tech-enabled system simplifies the payment process, enabling residents to scan and pay online, thereby improving efficiency and compliance.
Abu Dhabi�s Lunate and Brookfield Asset Management have formed a USD 1 billion joint venture focused on residential real estate. The initiative will invest in high-growth global markets, aiming to build a portfolio of income-generating residential assets.
Embassy REIT has successfully refinanced INR 2,000 crore of existing debt, aiming to lower its interest outgo and enhance financial efficiency. This refinancing is part of the company�s strategy to manage its liabilities better and improve returns for investors. The move comes amid increased focus on optimising capital structures in the real estate sector.
Sebi has cleared IPO proposals for seven companies, which now plan to collectively raise around INR 3,000 crore from the capital markets. These firms are targeting a market debut in the coming months, indicating strong investor interest and favourable market sentiment towards public listings.
The central government has decided to exercise tighter control over National Highway (NH) projects, reducing dependence on state agencies. This move is intended to eliminate frequent delays and quality issues arising from poor execution at the state level, ensuring timely delivery of infrastructure works.
The Ranchi Smart City project's plot auctions have faced multiple delays, frustrating investors and developers. Authorities cited pending approvals and lack of investor interest. The delays raise concerns about the viability of planned infrastructure and housing developments within the project.
The Kerala government has approved conditional construction waivers for residential buildings situated under overhead power lines in Thiruvananthapuram. This move aims to regularise existing structures and provide relief to homeowners affected by outdated regulations. Safety norms will still apply under the new guidelines.
The Odisha government has issued a Standard Operating Procedure (SOP) to streamline implementation of Pradhan Mantri Awas Yojana 2.0. The SOP addresses fund allocation, beneficiary identification, and timely construction. It aims to fast-track delivery of affordable homes under the central housing scheme.
In a second wave of protests, residents of a Bhubaneswar residential complex have again raised issues against a builder for not handing over common areas. The matter has been escalated to local authorities. Buyers are demanding RERA intervention to resolve the delay and ensure compliance with housing norms.
The Raipur district administration has demolished illegal constructions spread across 26 acres of government land. The encroachments included residential and commercial structures developed without approvals. The drive was carried out as part of a larger effort to reclaim public land and enforce zoning rules.
The Yamuna Expressway Industrial Development Authority (YEIDA) is set to invest INR 450 crore in a high-tech hub near Noida International Airport. Spanning 750 acres across Sector 28, the project aims to attract tech giants, BPOs, and R&D firms. Land allotment will begin in June, with the hub expected to generate around 25,000 jobs.
Uttarakhand's Udham Singh Nagar district has flagged 790 unauthorised colonies, with most found in Rudrapur, Kichha, and Sitarganj. Authorities plan to launch a verification drive to assess eligibility for regularisation. These colonies lack approval under the state's Land Use Act and Building Bylaws, raising infrastructure and legal concerns for residents and planners.
The Kalyan Dombivli Municipal Corporation (KDMC) has identified 176 unsafe buildings in the region before monsoon season. Property owners have been instructed to vacate these structures to prevent hazards. The civic body is also running awareness campaigns and plans enforcement actions if residents fail to comply with the safety directives.
China's property investment fell 10.3% year-on-year in April 2025, continuing a prolonged slump in its real estate sector. Despite policy support measures, buyer confidence remains low amid unfinished housing projects and developer debt issues. This decline adds pressure on the broader economy, already affected by slower growth and weak consumer sentiment.
Yashoda Hospital and Bhutani Infra have partnered to create an AI-enabled mixed-use healthcare campus in Delhi-NCR. The project will integrate advanced diagnostics, research labs, patient facilities, and commercial elements. Positioned as a next-gen medical innovation hub, it aims to blend healthcare delivery with real estate infrastructure through cutting-edge technology.
Actor Mithun Chakraborty has challenged the BMC's notice alleging unauthorised construction at his Madh Island bungalow. The BMC had issued the notice under MRTP Act citing unauthorised additions. However, Chakraborty's family maintained that all structures are legal and no violation has occurred. They are expected to respond to the civic body with supporting documents.
Several areas in Bengaluru, including prime tech parks and residential complexes, were flooded after continuous rainfall. Locations like Manyata Tech Park, Embassy Golf Links, and high-end apartments faced waterlogging and traffic snarls. The civic infrastructure struggled to cope, once again raising concerns over poor drainage and unplanned urban development.
A violent clash over a land dispute in South Mumbai led to gunfire and the arrest of 41 individuals. The plot, located near a high-value real estate zone, has been under contention for years. FIRs have been filed as police investigate links to local gangs and builders.
Residents of a Bhubaneswar apartment complex staged a protest after the builder failed to transfer the common areas as promised. This delay has sparked concerns over compliance with RERA norms. Authorities have been informed, and residents are demanding immediate resolution to gain rightful access to amenities.
Ravi Infrabuild Projects has submitted draft papers to SEBI for an IPO aimed at raising INR 1,100 crore. The proceeds will be used for infrastructure development and debt repayment. The company is involved in construction and engineering services, with a focus on road, rail, and civil projects.
DLF reported a 39% year-on-year rise in net profit for Q4 FY25, driven by strong residential sales and project completions. The company posted healthy growth in its luxury and mid-income segments, reflecting ongoing demand in the real estate market. Management remains optimistic about the coming quarters.
Puneet Chhatwal, Managing Director of 03Plus, has acquired a bungalow in Delhi's Golf Links area for INR 72 crore. The 575 sq. yard property is among the city's most expensive deals this year, reflecting rising demand for luxury residences in central Delhi.
The Himachal Pradesh government has approved key amendments to its town and country planning rules, aimed at simplifying land-use approvals and construction norms. The changes are expected to ease the process for homebuyers and developers in hill regions, while also improving compliance and transparency.
Following multiple complaints, Chandigarh's municipal corporation is expediting the issuance of corrected property tax bills. Errors in previous assessments triggered public backlash. The updated bills aim to resolve discrepancies and avoid revenue loss for the civic authority.
UrbanWrk, a managed workspace solutions firm, reported a 127% increase in revenue for FY24 and is now aiming to double this figure in FY25. With demand for flexible and premium workspaces growing across metros, the company plans aggressive expansion across Tier 1 and 2 cities through new centre launches.
Driven by the growing presence of Global Capability Centres (GCCs), cities like Noida, Lucknow, and Varanasi are gaining traction as emerging tech hubs. These Tier 2 cities offer cost-effective infrastructure, skilled talent, and better quality of life, attracting IT investments and real estate developments in tandem.