In Hyderabad, strategic investments in under-construction flats are being seen as a potential way to turn INR 20 lakh into INR 1 crore over time. Experts note that early-stage properties in growing corridors offer high ROI due to lower entry costs and long-term capital appreciation. However, buyer diligence and project credibility remain crucial.
The National Capital Region Transport Corporation (NCRTC) has proposed a new RRTS (Regional Rapid Transit System) corridor to connect Gurugram, Faridabad, and Greater Noida. A feasibility study is underway to assess viability, aiming to enhance regional connectivity. The new corridor could significantly reduce travel time and ease commuting in the NCR.
In response to ongoing protests by aggrieved homebuyers, a Noida court has barred demonstrations within 100 metres of the Jaypee Group office. The decision follows repeated protests over housing delays. Authorities cited concerns over public disorder and obstruction of movement in the area. Protesters must now seek permission before gathering at the site.
The National Green Tribunal (NGT) has raised concerns over several real estate developers in Greater Noida failing to disclose their water sources for construction projects. A report submitted to the NGT noted that many builders did not provide necessary information regarding water extraction, raising environmental concerns. The tribunal has asked authorities to take appropriate action.
Mumbai-based start-up NaptapGo has secured INR 2 crore in funding to expand its chain of pod hotels across India. The company offers compact, tech-enabled accommodations ideal for short stays. With travel trends shifting towards convenience and affordability, the funding will support tech upgrades and growth in metro and tier-2 cities.
JPMorgan is expanding its presence in Paris with a new office, following a significant increase in local staff numbers. This move is part of the bank's post-Brexit strategy to grow operations in the EU. The office will house investment banking and trading teams and reflects Paris's rise as a key European financial hub.
Signature Global India posted a 48.17% rise in consolidated net profit at INR 41.21 crore for Q4 FY25, compared to INR 27.81 crore in the previous year. The company's total income rose to INR 834.63 crore, boosted by increased project execution and strong residential demand in the NCR market.
JSW Paints is leading the race to acquire Akzo Nobel India, with discussions reportedly at an advanced stage. The potential acquisition aligns with JSW's strategy to expand in the decorative paints sector. Akzo Nobel India is a key player with brands like Dulux in its portfolio.
The Noida District Magistrate has directed developers to register sold flats within 15 days, warning of legal action for non-compliance. This move aims to protect homebuyers and ensure transparency. Builders must also update project details with the Noida Authority and clear any outstanding dues.
Eternal, a healthcare solutions provider, has leased approximately 85,000 sq ft of office space across seven floors at Raheja Plaza, Andheri, Mumbai. The deal marks one of the largest recent commercial transactions in the area, with plans for a new corporate hub.
The Karnataka High Court ruled that once a registered sale deed is executed, the seller cannot retain any part of the land. The judgment was made in a dispute where the seller tried to withhold part of the property, asserting usage rights. The court emphasised the legal finality of sale deeds.
The Karnataka High Court stated that flat owners' associations must register under the Karnataka Apartment Ownership (KAO) Act to gain legal status. Many associations currently operate without formal registration, limiting their authority in disputes and governance. The court urged strict adherence to the Act for transparency and legal validity.
The Andhra Pradesh government has sanctioned INR 2,100 crore for the ongoing development of Amaravati. The funds will be used for housing for government employees, high court and assembly complexes, and other key infrastructure. This move comes after years of delays and is seen as a push to revive the stalled capital city project.
The Noida Authority has served a notice to the Sector 44 RWA for misleading residents by offering club memberships based on false claims. Officials found discrepancies between the promises made and the actual club facilities, triggering regulatory scrutiny over the association's conduct.
Mumbai's surge in redevelopment projects is drawing developers from Bengaluru, NCR, and Hyderabad due to large-scale housing demand, high land costs, and regulatory clarity under DCPR 2034. Firms like Prestige, Salarpuria Sattva, and Urbanrise are expanding into the city, focusing on unlocking value from old housing societies in prime locations.
Shapoorji Pallonji Real Estate, in collaboration with Kreeva and ASK Property Fund, has launched a new mid-income residential project in Gurugram. The project is located in Sector 114 along the Dwarka Expressway and is expected to see high demand due to its connectivity and brand backing.
Food delivery firm Zomato has leased 84,157 sq ft of office space in Solitaire Corporate Park, Andheri, Mumbai, for INR 85 crore. The lease spans 60 months, with a starting monthly rent of INR 1.35 crore and an 18% escalation every three years. This move strengthens Zomato's corporate presence in Mumbai.
Property owners in Bengaluru are raising concerns over the dysfunctional e-Khata system introduced to digitise property records. Many users report issues like missing data, server errors, and delays in property-related services. With no physical alternatives and poor grievance redressal, residents are urging BBMP and the Karnataka government to take prompt action and provide functional solutions.
Steel tycoon Lakshmi Mittal is said to have purchased a luxury property in Dubai's upscale Emirates Hills, often called the Beverly Hills of Dubai. The gated community is known for its opulent villas and elite residents. This adds to Mittal's portfolio of high-end real estate across global cities.
Real estate developers are expanding their senior living offerings as demand surges, driven by rising life expectancy, nuclear family trends, and changing lifestyle preferences. Projects are gaining popularity in both metro cities and tier-2 markets. Developers like Ashiana Housing, Columbia Pacific, and Paranjape Schemes are scaling up operations with wellness-focused features and community support for the elderly.
The Gujarat government has approved the first-ever draft Town Planning (TP) Scheme for Vapi, covering 91 hectares. The plan, developed by the Gujarat Industrial Development Corporation, includes zoning for residential, commercial, and green spaces. This milestone is expected to streamline infrastructure growth and guide Vapi's planned urban development.
The Pimpri Chinchwad Municipal Corporation (PCMC) has cleared its revised draft development plan after incorporating state government suggestions. The plan, which includes future land use strategies, is now set to be submitted for final state approval. It aims to improve infrastructure, zoning, and public amenities across the city's growth corridors.
Gujarat's GIFT City has become India's first International Financial Services Centre (IFSC), attracting major banks, fintech firms, and global financial institutions. Spanning over 886 acres in Gandhinagar, it aims to rival global hubs like Singapore and Dubai. Key advantages include tax incentives, state-of-the-art infrastructure, and regulatory support under IFSCA.
The Enforcement Directorate raided locations across Mumbai and Hyderabad linked to a real estate scam involving illegal constructions in Vasai-Virar. The crackdown resulted in the seizure of INR 32 crore in cash and jewellery. The investigation is connected to criminal complaints under PMLA and local property law violations.
Two individuals in Pune allegedly used forged documents to pledge a businessman's flat and secure INR 2.8 crore in loans from two public sector banks. Police have arrested both suspects, and an investigation into possible bank staff collusion is ongoing.
Authorities in Uttar Pradesh have sealed offices of 12 builders in Noida for failing to clear dues amounting to INR 175 crore despite multiple recovery notices. The move is part of a wider crackdown on non-compliant developers amid rising buyer complaints.
IndusInd Bank reported INR 674 crore of income as accounting discrepancies during internal reviews. The bank stated these were interest entries incorrectly booked and are being addressed. No impact on core profitability or balance sheet has been indicated.
Muthoot Finance reported a 43% year-on-year rise in net profit to INR 1,508 crore for Q4. The NBFC aims to grow its gold loan AUM by 15% in FY26, driven by robust demand and improved operational efficiency.
Belrise Industries will open its IPO on May 21, with a price band of INR 85-90 per share. The automotive components maker aims to raise funds for business expansion and debt repayment. The issue will remain open for three days.
TRAI has released a draft manual proposing a digital connectivity rating system for residential and commercial buildings. The initiative aims to help buyers make informed decisions based on internet infrastructure and invites stakeholder feedback before implementation.
LIC Housing Finance reported a 25% increase in Q4 net profit to INR 1,368 crore, driven by lower provisioning and steady loan book growth. The company's performance reflects improving asset quality and operational efficiency.
Rajesh Khanna's famed sea-facing bungalow, Aashirwad, located on Carter Road in Mumbai, has seen a series of high-profile owners abandon it soon after acquiring the property. Despite its prime location and legacy, the house was demolished and rebuilt by Shashi Kiran Shetty, with plans to use it for residential purposes. Its turbulent history continues to spark superstitions.