Veer Savarkar's historic Dadar residence may be demolished to make way for redevelopment. The BMC has received a proposal from the owner, and if approved, the structure may be razed. The site holds political and cultural significance, sparking mixed reactions from heritage activists and the public.

The Southern Peripheral Road (SPR) in Gurugram is gaining investor attention as the next real estate hotspot, comparable to Cyber City. With major infrastructure upgrades and proximity to key business centres, SPR is expected to see a rise in residential and commercial developments, attracting both developers and homebuyers.

Godrej Properties reported a 19% year-on-year fall in net profit to INR 382 crore for Q4 FY24, citing higher expenses. Despite the decline, the company plans to raise up to INR 2,000 crore via debt to fund expansion and ongoing projects in key Indian cities.

Sudarshan Pharma Industries has experienced a remarkable 325% increase in its stock value over the past five years, positioning it as a multibagger in the pharmaceutical sector. This substantial growth is attributed to the company's strong performance in specialty chemicals and active pharmaceutical ingredients, alongside strategic contract manufacturing and export initiatives. Investors have shown heightened interest due to the company's consistent revenue growth, profitability, and expansion into international markets.

India’s screen entertainment market is projected to grow to USD 17 billion by 2029, with the online video segment expected to contribute USD 8.6 billion—overtaking television's USD 6.8 billion. This surge is driven by cheap data, mobile growth, and regional content.

The Real Estate Board of New York and other industry groups have filed a lawsuit seeking to block a New York City law that mandates landlords, rather than tenants, pay broker fees. The law, set to take effect on June 11, aims to alleviate the financial burden on renters, who currently pay an average of nearly USD 13,000 in upfront costs, including broker fees. Industry representatives argue that the law infringes upon constitutional rights and could lead to increased rents and reduced housing availability.

AccuSpace has announced a INR 700 crore investment for FY26, aiming to develop logistics parks, built-to-suit warehousing, and premium office spaces in cities like Jaipur, Indore, Chandigarh, Jodhpur, and Ajmer. The company plans a 1 million sq. ft. flagship project in Jaipur by 2028–29.

Phoenix Mills reported an 18% year-on-year decline in consolidated net profit to INR 268.82 crore for Q4 FY25, attributed to reduced income from its residential segment. Total income decreased to INR 1,061.48 crore from INR 1,343.14 crore in the same quarter last year. Despite this, retail consumption grew by approximately 15% year-on-year to INR 3,248 crore, and rental income rose 8% to INR 482 crore.

In FY25, residential home deliveries across India's top nine cities surged by 33% year-on-year, totaling 4,06,889 units. Pune led with 81,563 units delivered, while Delhi-NCR was the only region to experience a decline, with an 8% drop to 44,423 units. This growth is attributed to improved project execution, bolstered by initiatives like RERA and the SWAMIH Fund.

In a landmark decision, the Supreme Court has ruled that a single legal heir can sell ancestral property without obtaining consent from other heirs, provided specific legal criteria are met. This judgment clarifies that if an heir can prove their individual share and meets certain conditions, they are entitled to initiate the sale of the entire property, even in the absence of agreement from co-owners. The ruling is expected to streamline property transactions and reduce disputes among heirs.

Despite robust demand, Hyderabad's vacant office space reached 28 million sq ft in Q1 2025, the highest among India's top seven cities. Since 2020, the city has added 59 million sq ft of new office space but absorbed only 48.5 million sq ft, leading to a growing inventory of unoccupied spaces. The vacancy rate declined slightly to 17.5% from 19% in the previous quarter due to negligible new supply during January–March 2025 . However, with a strong pipeline of upcoming projects, the vacant stock is expected to rise further in 2025 .

The Delhi Development Authority (DDA), under the directive of Lieutenant Governor V.K. Saxena conducted a demolition drive from April 24 to 26, 2025, targeting unauthorized under-construction farmhouses in the upscale Sainik Farms area. The operation, carried out in coordination with Delhi Police, focused on structures spread over more than two bighas (approximately 5,060 square meters) of DDA-acquired land in Saidalajab village, part of the Sainik Farms zone.

The Pimpri Chinchwad Municipal Corporation (PCMC) has issued final notices to 184 housing societies for failing to operate mandatory sewage treatment plants (STPs). Under the Unified Development Control and Promotion Regulations (UDCPR), societies with a built-up area of 20,000 sqm must install and maintain functional STPs. Despite prior warnings, 50 societies have received third and final notices, with PCMC threatening to cut water supply if compliance isn't ensured. Out of 456 societies under this mandate, 192 lack operational STPs. PCMC has appointed a private agency for regular STP inspections to improve compliance.

Nagpur Municipal Corporation sells 1.25 lakh sq ft plot on Orange City Street for INR 235 crore at INR 18,784 per sq ft - highest in city's history. Deal boosts NMC's earnings to INR 561 crore from land sales, funding key infrastructure projects.

The Department of Town and Country Planning (DTCP) has annulled the January 27 e-draw for 708 affordable flats in Sector 36, Sohna, after discovering that only 2,200 of the 51,586 valid applications were processed due to a software glitch. All allotted flats had gone to Sohna residents, violating the state's Affordable Housing Policy, 2013, which prohibits geographic bias. A four-member committee is investigating the issue, and a fresh draw will be conducted soon.

The Securities and Exchange Board of India (SEBI) has proposed aligning valuation report timelines with financial results for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Annual valuation reports would be due within 60 days of the financial year-end, and quarterly or half-yearly reports within 45 days, matching financial disclosure schedules. SEBI also seeks feedback on standardizing trading lots and updating investor charters to improve transparency and investor convenience.

The Maharashtra Housing and Area Development Authority (MHADA) is set to make approximately 15 crore official documents accessible to the public via its website within a week. This initiative aims to streamline administrative processes and reduce reliance on Right to Information (RTI) applications. Sensitive and classified documents will remain protected. Additionally, MHADA is advancing its digital transformation by promoting online grievance redressal platforms and organizing public meetings to address citizen concerns. The authority also plans to deliver 6.5 lakh homes across the Mumbai Metropolitan Region, focusing on redevelopment projects in areas like Motilal Nagar, GTB Nagar, Sindhi Society, and PMGP Jogeshwari.

Sunteck Realty reported a 50.28% year-on-year drop in net profit for Q4 FY25, totaling INR 50.38 crore, with revenue falling nearly 50% to INR 217.83 crore. Despite the quarterly downturn, the company's FY25 net profit more than doubled to INR 150 crore, driven by record pre-sales of INR 2,531 crore. The board has recommended a final dividend of INR 1.5 per share and approved plans to raise up to INR 2,250 crore through debt and equity instruments.

The Bengaluru Development Authority (BDA) has increased property taxes by 20% to 45% across its layouts, effective April 1, 2025. This hike affects over 1.22 lakh property owners in areas such as Arkavati, Banashankari, and Nadaprabhu Kempegowda. Residents are protesting the increase, citing inadequate infrastructure like unfinished roads, irregular water supply, and unreliable electricity. The BDA, which collects INR 55-60 crore annually in property taxes, has outstanding dues of approximately INR 40 crore. The revised tax rates, based on updated property guideline values, were published on the BDA's website on April 28, 2025.

The National Green Tribunal (NGT) has issued a show-cause notice to TDI City in Mohali for serious environmental violations, including non-functional sewage treatment plants (STPs) and uncontrolled sewage discharge. A joint committee's investigation revealed inadequate sewage infrastructure and contamination of nearby land due to untreated wastewater.

Dawat-e-Hadiyah, a Dawoodi Bohra trust, has purchased the heritage-listed Killick House on Hornby Road, South Mumbai, for over INR 72 crore. The Grade I heritage building, featuring 27,577 sq ft across four floors, was acquired from Nippon Investment and Finance Company, previously linked to the Videocon Group. This rare full-building transaction in the Fort area was executed through four agreements between January and March 2025.

The Yamuna Expressway Industrial Development Authority (YEIDA) is set to introduce a dedicated portal for more than 4,500 homebuyers affected by 12 stalled projects of Jaiprakash Associates Ltd. This platform will enable buyers to register their details, monitor project updates, and express their intentions regarding property retention or withdrawal. A homebuyers' representative has been appointed to a High Court-supervised committee overseeing project completion, with consultancy firm Currie & Brown tasked to assess construction status and prepare a request for proposal to engage new developers.

MHADA's actual receipts for FY25 surge to INR 11,334.51 crore, marking a 39.7% increase over FY24, driven by revenue from FSI premiums, investments, and housing sales. The authority also received INR 2,200 crore for slum improvement and INR 1,758.6 crore in state assistance.

A special PMLA court in Lucknow has declared Rashid Naseem, promoter of Shine City Group, a fugitive economic offender under the Fugitive Economic Offenders Act, 2018. The Enforcement Directorate (ED) initiated the case following 554 FIRs alleging that Shine City defrauded investors of INR 800-1,000 crore through fraudulent real estate schemes and multi-level marketing. Naseem fled India via Nepal and is currently residing in Dubai, evading summons, a non-bailable warrant, and an Interpol Red Notice. The ED has attached assets worth INR 127.98 crore and filed four chargesheets in connection with the case.

Godrej Properties reported a 20.83% decline in Q4 FY25 net profit to INR 378.44 crore, impacted by a 54% surge in expenses. Despite this, the company achieved record quarterly bookings of INR 10,163 crore and full-year bookings of INR 29,444 crore, surpassing its FY25 guidance.

Universal Studios plans to open its first Indian theme park near Delhi airport by mid-2027. The indoor park will occupy 300,000 sq ft within Bharti Real Estate's upcoming 3-million-sq-ft mall at Aerocity, marking a significant expansion of global entertainment offerings in India.

SG Real Estate Fund has raised INR 450 crore and disbursed INR 125 crore to revive two stalled real estate projects in Noida. The SEBI-registered Category II AIF, promoted by Nirala World and Sea Fund, aims to support viable residential and commercial developments across NCR through equity and debt participation.

Bengaluru's Prestige Falcon City residents now receive groceries and medicines via drones in under 10 minutes, thanks to a collaboration between BigBasket and Skye Air Mobility. The service, operating from 7 AM to 8 PM, aims to enhance delivery efficiency, reduce traffic congestion, and lower carbon emissions.

Godrej Properties reported a 19% decline in Q4 FY25 net profit to INR 382 crore, despite a 40% rise in total income to INR 2,681 crore. The company plans to raise up to INR 2,000 crore via debt instruments, following record annual sales bookings of INR 29,444 crore and a 93% profit surge for FY25.

Equity International has fully exited its investment in SAMHI Hotels Limited, selling its remaining 23.2% stake on April 29, 2025. This marks the culmination of a 14-year partnership that began in 2011, during which SAMHI expanded to 34 hotels across 13 Indian cities under global brands like Marriott, Hyatt, and IHG.

India's National Highways Authority (NHAI) has initiated the development of an 88 km, six-lane access-controlled expressway connecting Agra and Gwalior. The INR 4,613 crore project, awarded to GR Infraprojects Ltd., aims to reduce travel time between the two cities to about an hour, enhancing tourism and logistics efficiency.

Mindspace REIT achieved record gross leasing of 2.8 million sq ft in Q4 FY25, totaling 7.6 million sq ft for the year. Net Operating Income rose 13.2% to ?540 crore, and distributions increased 38.7% to ?392 crore. Committed occupancy reached 93%, reflecting strong demand for Grade-A office spaces.