Goa RERA has directed Raj Housing Development to refund the corpus fund along with interest to a housing society. The ruling strengthens buyer protections under RERA regulations and reinforces accountability among developers for financial dealings with societies.
The Odisha government will construct one lakh houses in the second phase of its rural housing scheme. The initiative aims to provide pucca homes to economically weaker sections and promote rural infrastructure development, aligning with broader housing-for-all goals.
The Chandigarh administration announced that excess property tax paid by residents will be adjusted against dues for the next financial year. This measure ensures fair taxation and addresses grievances raised by property owners regarding over-assessment and payments.
The Andhra Pradesh government plans to revive older, unapproved layouts without levying development charges. This initiative is expected to regularise abandoned residential projects, improve urban land management, and offer affordable housing opportunities across the state.
The Kolkata mayor has indicated plans to bring city slums under the Thika Tenancy Act, potentially safeguarding the rights of slum dwellers. This move aims to regulate tenancy rights, protect occupants from eviction, and promote better living conditions through structured redevelopment.
Nashik recorded a 5% increase in property transactions during FY25, reflecting growing real estate demand. Despite rising property rates, the city's evolving infrastructure, improving lifestyle options, and proximity to major hubs continue to attract buyers across residential and commercial sectors.
MHADA has reduced Ready Reckoner (RR) charges for tenants seeking additional area during redevelopment of old cessed buildings in Mumbai. The move aims to ease redevelopment projects and make additional space more affordable for existing tenants, boosting urban renewal efforts across the city.
The Jaipur Development Authority (JDA) will now issue property leases electronically within 30 days. The digitisation move aims to improve transparency, cut down processing time, and simplify transactions for property owners and developers.
Singapore's sovereign wealth fund GIC has tied up with Samhi Hotels to set up a USD 300 million hospitality investment platform in India. The platform will target the acquisition and development of hotel assets across key Indian cities, strengthening GIC's presence in the country's growing hospitality sector.
Building materials major Holcim reported an operating profit of USD 619 million in Q1 2025, driven by strong demand in North America and Europe. The company also announced progress in its strategic focus on sustainable construction and green building solutions.
Country Garden Holdings has sold an 11% stake in private space company LandSpace for USD 180 million, as part of its ongoing efforts to raise funds amid financial challenges. The move reflects continued pressure on Chinese developers to improve liquidity positions.
Tesla has leased office space spanning approximately 5,850 sq ft in Mumbai's Kurla suburb. The move indicates Tesla's growing focus on expanding its operations and support infrastructure as it prepares for deeper engagement with the Indian electric vehicle market.
The Department of Town and Country Planning (DTCP) in Gurugram carried out a demolition drive around Sultanpur National Park, clearing illegal constructions. The operation aims to protect the eco-sensitive zone and curb unauthorised development activities near protected areas.
Five new FIRs have been registered against the Ansal Group in Lucknow, accusing them of duping property buyers of INR 5.78 crore. Authorities are tightening scrutiny on the group following complaints regarding project delays and non-delivery of promised properties.
Maharashtra's revenue department has announced a delay in the rollout of the 'One State, One Registration' initiative. The scheme, aimed at simplifying property registrations across the state, has been postponed due to technical integration challenges and coordination issues.
MahaRERA has appointed 12 officers to expedite the recovery of INR 912 crore owed to homebuyers from errant developers. The move strengthens enforcement actions and aims to ensure that buyers receive long-pending dues under RERA regulations.
The Enforcement Directorate (ED) conducted raids across Goa as part of its probe into an alleged INR 1,000 crore land scam. The investigation focuses on fraudulent land deals involving politically connected individuals and irregularities in property transactions.
The Nagpur Municipal Corporation has collected INR 259 crore in property tax revenue during FY25, reflecting efficient tax collection drives and increased compliance by property owners. The funds will be used to enhance civic amenities across the city.
Chandigarh residents can now pay revised property tax at e-Sampark centres using previously issued bills. The system has been updated to reflect new tax amounts linked to property IDs, ensuring accurate payments without needing fresh bills. Payments can be made online, by card, or by demand draft, but cash transactions at municipal counters are not allowed.
Property owners in Bengaluru have requested the BBMP to extend the 5% tax rebate for property tax payments, which is set to expire soon. They are urging the civic body to grant the extension to ease financial burdens amid rising tax rates.
The Noida authority has begun the process of returning residential plots to 2,200 farmers whose land was acquired for development in the past. This initiative is part of a larger effort to ensure that farmers receive their due compensation and land as per the latest directives.
The Uttar Pradesh Chief Minister has urged all urban local bodies in the state to offer uniform services to residents, focusing on standardising facilities like sanitation, water supply, and waste management across different urban areas, ensuring fairness and efficiency.
The Nagpur Municipal Corporation has announced plans to construct 2,500 new homes under the Ramai Housing Scheme in FY26. The project is aimed at providing affordable housing to low-income families in the city, in line with the government's housing objectives.
The Residents' Welfare Association (RWA) of Signature View Apartments in Delhi has urged the DDA to clear pending rent payments of 111 residents. The residents have been facing difficulties due to non-payment, and the RWA seeks prompt action to resolve the issue.
The Bihar Cabinet has approved the pre-feasibility report for the development of six new airports across the state. This move aims to boost regional connectivity and facilitate economic growth, making air travel more accessible to residents in smaller cities.
Karnataka's revenue minister has warned that properties built on illegal layouts will be confiscated. The state government is taking strict actions to curb illegal construction activities and ensure compliance with zoning and land-use regulations.
Despite a deadline for registration, Noida has yet to impose fines on unregistered lifts. The local authorities had set a deadline for lift registration, but enforcement remains delayed, raising concerns about safety in buildings without compliant lift installations.
The Ahmedabad Municipal Corporation plans to geotag 24.46 lakh properties in the city as part of its initiative to streamline property management. This project will improve data accuracy and assist in property tax assessments and urban planning.
Nashik's Smart City development projects are set to continue, with several ongoing initiatives aimed at enhancing urban infrastructure and services. These projects focus on improving transportation, sanitation, and public services to make the city more livable and efficient.
India's office sector is recognised as one of the most resilient markets in the Asia-Pacific (APAC) region. Despite global economic challenges, India's office space demand remains steady, driven by strong corporate leasing and ongoing infrastructure developments.
BSNL, the state-owned telecom company, has turned profitable after years of losses. However, the government plans to monetise BSNL's land assets as part of its broader strategy to boost the company's financial health and fund infrastructure upgrades.
In a bid to attract more companies to Gujarat's GIFT City, the state government has relaxed liquor licensing rules. The move aims to make the region more business-friendly, particularly for international firms looking to set up operations in India's financial hub.