Table Space Technologies reported a 41% revenue increase in FY25, driven by demand from Global Capability Centres. It added 1.7 million sq. ft. to its managed office portfolio, now totalling 8.5 million sq. ft. across India. Bengaluru, Pune, and Hyderabad are the firm's top-performing markets.
The Bruhat Bengaluru Mahanagara Palike (BBMP) has collected INR 4,930 crore in property tax for FY25, achieving 95% of its annual target. This high collection reflects better compliance and will support infrastructure projects and urban management efforts across Bengaluru's rapidly expanding residential and commercial zones.
Dubai's real estate rally, with prices rising 70% since 2020, is now at risk due to global tariff uncertainties. Rising shipping costs and economic pressure could disrupt construction activities and weaken investor confidence, posing challenges to the city's property sector, which is heavily driven by international capital.
Walmart has leased 4.6 lakh sq. ft. of office space at DLF Downtown in Chennai for a monthly rent of INR 3.26 crore. With a five-year lease and 15% escalation every three years, the move reflects the growing demand for premium office spaces by global firms in South India.
Cricketer KL Rahul and actor Suniel Shetty have jointly purchased a 7-acre land parcel in Thane's Shahapur for INR 9.85 crore. Located 70 km from Mumbai, the deal highlights the growing trend of celebrities investing in real estate within the Mumbai Metropolitan Region for future development potential.
DLF will foray into Goa's retail market and launch two new neighbourhood plazas in West Delhi and Gurugram by FY26. The expansion is part of its strategy to strengthen its retail portfolio in high-growth urban markets, with Goa identified as a potential tourist-led commercial destination.
The Maharashtra government has notified a funnel zone policy allowing the redevelopment of old buildings near Mumbai Airport. With the Airports Authority of India, height restrictions have been eased to 32 metres. This move is expected to revive stalled redevelopment projects in areas like Santacruz, Vile Parle, Kurla, and Ghatkopar.
Kolkata Metro has launched a 370-metre skywalk connecting Kalighat station to Kalighat Temple. With escalators, CCTV coverage, and a covered structure, the walkway enhances pedestrian safety and crowd management, especially during festivals. It is now the city's longest skywalk.
The Pune Metro line from Hinjewadi to Shivajinagar, initially set to launch by December 2025, is facing delays. PMRDA cited incomplete civil work and testing as reasons, with only 85% progress achieved. Testing will commence only after full infrastructure completion.
Locals in Dadar are opposing the felling of three trees for the Tilak Bridge redevelopment, claiming the trees lie outside railway limits and are vital for shade. An online petition is gaining traction, with residents also questioning the lack of transparency in the proposal process.
Mumbai Metro Line 2B's trial runs are set to begin this week between Mandale and Chembur. The 5.5-km stretch is part of the 23.6-km corridor connecting DN Nagar to Mandale. The full route is slated for launch by December 2025, with safety trials and inspections currently underway.
Mumbai's 36 railway stations are being redeveloped under the INR 24,470 crore Amrit Bharat Station Scheme. The upgrades include modern facilities, heritage-inspired architecture, and enhanced passenger amenities. Major stations like CSMT, Dadar, and Borivali are part of this initiative aimed at transforming travel infrastructure.
MKVIA has sold its 3.84-acre Borivali land for INR 539 crore to a Mumbai-based developer through a government-approved bidding process. Proceeds will support a new industrial complex in Kurla, and the buyer will undertake residential redevelopment. The deal involves a one-time payment with no redevelopment commitments for MKVIA.
Dubai's 70% property price rally is under pressure as global tariff tensions threaten investor sentiment. Wealthy foreign buyers, central to the boom, may pull back amid high interest rates and economic uncertainty. Analysts warn this could slow the market's momentum in the coming months.
AIMCo is in early talks to buy a minority stake in Maple Infrastructure Trust, backed by CDPQ, which is raising USD 300-400 million. Funds will support the recent INR 5,718 crore acquisition of toll road assets from Ashoka Concessions. Maple InvIT's portfolio spans key Indian highways, with NEPEPL as its largest asset.
Dubais 70% property price rally is under pressure as global tariff tensions threaten investor sentiment. Wealthy foreign buyers, central to the boom, may pull back amid high interest rates and economic uncertainty. Analysts warn this could slow the markets momentum in the coming months.
Tamil Nadu will invite bids for over 50 PPP-based infrastructure projects worth INR 45,000 crore. Major initiatives include the Parandur airport (INR 20,000 crore), pumped storage, and thermal power projects (INR 18,721 crore combined), along with water, energy, and industrial projects. Bid invitations are expected in 12 years.
The Andhra Pradesh government will acquire 4,000 more acres in Amaravati for capital development and a new airport. Earlier land pooling had stalled but has resumed under the current administration. With construction activities picking up and investor interest rising, Phase-2 acquisition is underway, and PM Modi may attend the ceremonial relaunch this month.
India's hospitality sector expanded with 42,000 new hotel keys in 2024, primarily in Tier II and III cities. Greenfield projects surged, and management contracts led to ignings. High-net-worth individuals and private owners led investments, reflecting growing confidence in the sector, according to a report by JLL.
Luxury home sales in India's top cities rose by 28% in Q1 2025, with 1,930 units sold. Delhi-NCR led with 49% of sales, followed by Mumbai at 23%. Bengaluru showed growth, while Hyderabad's share dropped. The report, published by CBRE South Asia Pvt. Ltd., highlighted a strong demand for premium homes.
Rightmove reports UK home asking prices hit a record EUR 377,182 in April 2025, up 1.3% annually. Despite the end of a tax break, buyer interest and listings have increased. Mortgage rates have slightly decreased, though other indicators like Halifax's data show a 0.5% monthly price drop, reflecting a complex market landscape. ?
The Arpora-Nagoa Panchayat plans to request the Goa CM to regularize decades-old unauthorized homes built on ancestral land. Prompted by a High Court order, the Panchayat seeks relief under the Goa Regularization of Unauthorised Construction Act, highlighting residents' inability to reconstruct homes under existing rules.
Noida residents report deteriorating civic infrastructure, including poor roads, inadequate drainage, and inconsistent water supply. They urge the Uttar Pradesh government to address these issues promptly to improve urban living conditions.
Haryana RERA has urged DTCP to make a final decision on the suspended licenses of three OSB housing projects in Gurugram. The regulator recommends either reinstating the licences or assigning the task to another agency to ensure timely possession of homes to the allottees.
New Town Kolkata Development Authority has issued notices to 10 residential buildings in New Town for unauthorized use as ceremonial halls, causing disturbances. Two other buildings were found to exceed the 40% limit for commercial use. Penal actions are being considered under building regulations.?
The Mysuru Urban Development Authority has shelved its group housing project, which had received over 26,000 applications, citing financial constraints and infeasibility. Despite allocating INR 250 crore in previous budgets, the project was omitted from the 2025-26 budget, disappointing many aspiring homeowners.
KHB plans to develop 20,000 residential sites spread across 2,500 acres in Mysuru and surrounding taluks. This project, a 50:50 partnership with landowners, follows the success of previous developments in Yelwal, Hootagally, and Kenchalagudu, aiming to meet the rising demand for affordable housing in the region.
Shaan and Radhika Mukherjee have acquired a 5,500 sq ft bungalow in Prabhachiwadi, Pune, for INR 10 crore. The deal, registered in March 2025, included an INR 50 lakh stamp duty and an INR 30,000 registration fee, reflecting the city's appeal in the premium real estate segment.?
Vijayawada Municipal Corporation recorded INR 252 crore in property tax revenue for FY25, marking a 20% increase from the previous year. This growth is attributed to a 5% discount for full upfront payments, a 50% waiver on pending tax interest, and the inclusion of new properties in the tax assessments, including residential and commercial.
Bengaluru's BBMP collected INR 4,930 crore in property taxes for FY25, achieving 95% of its target. While some zones exceeded expectations, others underperformed. The civic body credits strategic initiatives for this performance and aims to surpass INR 6,000 crore in FY26 without raising tax rates.?
The Uttarakhand High Court has stayed the demolition of slum dwellings in Vikas Nagar, Dehradun, after finding that eviction notices were issued without proper verification and without giving residents a chance to be heard. Many residents possess valid property documents and live away from identified water bodies. The court has directed the submission of ownership documents and postponed further action.
Foxconn is in early discussions with the Uttar Pradesh government to set up a 300-acre electronics manufacturing facility in Greater Noida under YEIDA. This move complements its existing 48-acre semiconductor OSAT project with HCL, aiming to bolster India's electronics manufacturing sector.?