The feasibility study for extending Bengaluru's Namma Metro to Tumakuru has been completed. The plan proposes a 52-km route and aims to enhance regional connectivity. The project awaits final approvals and funding before execution. Authorities see it as a major step toward integrated suburban mobility.
UK-based property firm Landsec reported lower-than-expected property valuations due to continued challenges in the commercial sector. However, the company remains optimistic about retail growth and has outlined plans to invest further in retail-led spaces while focusing on urban regeneration projects.
Real estate consultancy ANAROCK posted a 33% year-on-year revenue increase in FY25, driven by strong housing demand, robust advisory services, and expanded operations. The company plans to grow its tech-driven realty platforms and deepen its presence across emerging Tier II markets.
The Andhra Pradesh government is planning to simplify and expedite approvals for high-rise buildings to encourage vertical urban growth. The move is aimed at addressing housing shortages in urban areas and boosting infrastructure efficiency under its urban development policy.
The Delhi Development Authority will soon release the final draft of the Delhi Master Plan 2041, which includes provisions to urbanise 48 rural villages. The plan aims to integrate these villages into the city's infrastructure grid and promote planned urban expansion.
Faridabad is witnessing a retail boom driven by rising consumer demand, new mall developments, and proactive developers. With connectivity improvements and population growth, the city is attracting significant investments in retail real estate, making it a preferred destination for brands.
The Lucknow Development Authority is planning to build large-scale townships along major expressways, including Purvanchal and Agra-Lucknow corridors. These projects aim to decentralise growth, reduce congestion, and offer modern housing and amenities to a wider population.
Seven additional FIRs have been lodged against Ansal API and its directors for allegedly cheating homebuyers in a land scam linked to Sushant Golf City in Lucknow. The developer is accused of selling plots that were either unapproved or already sold, sparking widespread buyer complaints.
The Bombay High Court has upheld a society redevelopment project in Malad, Mumbai, dismissing objections from a few members who opposed the decision. The court ruled that majority approval under legal norms was sufficient for redevelopment to proceed, reinforcing housing renewal laws.
The Uttar Pradesh government has introduced a Global Capability Centre (GCC) policy to attract global firms and promote Noida, Lucknow, and Varanasi as emerging technology hubs. The initiative includes incentives, infrastructure support, and skill development to strengthen the state's digital economy.
SEBI has made the Electronic Bidding Platform (EBP) mandatory for all private placement debt issues above INR 20 crore. The move aims to enhance transparency and investor protection. Previously applicable only to select categories, the extended mandate will improve price discovery and streamline fundraising in the corporate bond market.
The revamped Dharavi project in Mumbai will include more playgrounds, enhancing the area's livability, according to officials. The redevelopment aims to modernise infrastructure while ensuring open spaces for residents. Authorities stress the importance of balancing dense housing with community amenities in India's largest slum transformation effort.
In Spain, rising housing costs have forced many homeless individuals to seek shelter in Madrid's airport terminals. The crisis reflects broader affordability issues in European cities. Authorities are struggling to manage the influx, as social housing and temporary shelter availability remain limited. Humanitarian groups are urging more action.
The promoters of Radius and Sumer Developers were arrested for allegedly cheating buyers in a stalled South Mumbai residential project. The FIR accuses them of taking advances without delivering possession. Homebuyers had invested crores in the luxury project, which has seen no progress. Authorities are probing further financial irregularities.
The director of Mumbai-based Supreme Constructions has been granted bail in a money laundering case linked to real estate transactions. The Enforcement Directorate had arrested the individual under PMLA charges related to unaccounted funds. The court imposed conditions on the bail while investigations continue into financial dealings of the company.
The Kerala government is finalising a 30-year lease agreement with real estate developer DLF for the historic Aspinwall House in Kochi. The proposal, which involves the state's tourism department, will allow DLF to convert the property into a luxury hotel. The state is also considering lease extensions for three other properties in Fort Kochi for tourism development.
The Karnataka High Court has directed the demolition of a 16-unit apartment complex in Yelahanka, Bengaluru, constructed on a civic amenity site in violation of building and land use norms. The court deemed the apartment society illegal and instructed the BBMP to initiate action, citing environmental concerns and misuse of public land reserved for civic purposes.
Nagpur Municipal Corporation will offer up to 20% property tax rebate for buildings certified as green by IGBC or GRIHA. The incentive aims to promote sustainable construction practices. Rebates will range from 5% to 20%, based on certification levels, and are applicable to both residential and commercial properties approved post-policy implementation.
Residents' Welfare Associations (RWAs) across Noida have sought a meeting with the Noida Authority CEO to address worsening civic issues such as waterlogging, poor sanitation, and irregular waste disposal. The RWAs also raised concerns over the delay in infrastructure development and called for accountability from contractors and officials involved.
Residential property owners in Pune will start receiving individual water bills as Pune Municipal Corporation begins implementing water metering. This shift from flat-rate billing aims to promote water conservation and ensure accurate usage-based charges. The civic body is currently mapping households and installing meters in phases across the city.
The Lucknow Development Authority (LDA) is set to launch a housing project in the Gomtinagar Extension area. The project will feature over 700 flats across multiple categories and aims to meet increasing demand for affordable housing in the city. Registrations for the project are expected to begin in the coming weeks.
Allottees of the Atal Apartments project in Ludhiana met with officials from the Ludhiana Improvement Trust (LIT) to protest the slow pace of construction. The project, launched in 2021, has seen minimal progress, prompting concerns from buyers. LIT officials assured them that the work would speed up soon.
The Maharashtra Real Estate Appellate Tribunal (MREAT) has dismissed multiple applications by developers seeking condonation of delay in filing appeals against MahaRERA rulings. MREAT emphasised that appeals must be filed within the legally prescribed time limits unless sufficient cause for delay is shown.
The Delhi government has set a target to establish 200 zero-waste colonies by May 2027 as part of its decentralised waste management initiative. The project includes waste segregation, composting, and recycling at the colony level, with pilot projects already underway across 16 colonies in the city.
Noida Authority has identified multiple unauthorised constructions in five villages Gejha, Harola, Nithari, Baraula, and Morna. Notices will be issued, and action is expected against violators under building bye-laws. The survey is part of a wider effort to curb illegal development in urbanising areas.
The Uttar Pradesh government has decided to bear the additional expenses of water supply and sewerage projects under the AMRUT 2.0 scheme. This move is expected to fast-track stalled projects in urban areas, as the state aims to improve infrastructure and achieve 100% water coverage.
Pune saw 19,421 property registrations in April 2025, reflecting a marginal 1% increase from the previous year. The flat growth suggests market stabilisation following recent price hikes. Experts believe the steady numbers indicate sustained end-user demand despite challenges like interest rates and limited inventory in prime locations.
A new Greater Bengaluru Authority has officially replaced BBMP as the city's chief civic body. The move aims to streamline urban governance across 243 wards. The authority will oversee planning, sanitation, and infrastructure. Experts believe this could improve long-term urban management and accountability in Bengaluru's rapidly expanding metropolitan area.
NBCC (India) Ltd successfully sold 446 flats in Noida through an e-auction, generating INR 1,468 crore. The flats, part of stalled Amrapali projects, were completed under a Supreme Court-monitored initiative. The auction witnessed strong buyer participation and is seen as a revival step for stuck real estate assets in NCR.
Actress Taapsee Pannu has purchased a luxury apartment in Mumbai's Goregaon West for INR 4.3 crore. The deal was registered earlier this month. The property, located in a high-rise tower, spans 1,900 sq ft. Celebrity real estate deals have been on the rise in Mumbai, reflecting continued interest in prime suburban locations.
Land prices in Gujarat's Dholera Special Investment Region (SIR) have risen nearly tenfold in the past decade, developers claim. Backed by government infrastructure plans and upcoming projects, the area is witnessing strong investor interest. Experts see Dholera as a major industrial and real estate growth hub under the Delhi-Mumbai Industrial Corridor.
A four-storey building collapsed in Delhi's Paharganj area, with at least three people feared trapped. Rescue efforts are ongoing. Authorities suspect structural weaknesses and are investigating possible construction violations. Locals reported a loud noise before the collapse. Emergency services are on-site, and safety checks on nearby buildings are expected.