Rishabraj Developers has purchased 3.84 acres in Borivali West for INR 539 crore, marking a major investment in Mumbai's suburban real estate. The land, acquired from a registered trust, is slated for residential and commercial development, underscoring Borivali's rising prominence as a key investment destination.

The Lodha brothers have resolved their trademark dispute through mediation. Abhishek's Macrotech Developers retains exclusive rights to the 'Lodha' brand, while Abhinandan's HoABL will operate independently. The settlement, facilitated by retired Justice R V Raveendran, ends a legal battle involving claims exceeding INR 5,000 crore.

MahaRERA will now prioritize complaints from homebuyers with life-threatening illnesses, requiring a valid medical certificate. This initiative aims to expedite resolutions for critically ill individuals. The authority will also prioritize cases involving order reviews, non-compliance, and those settled through conciliation. To date, over 21,000 of 28,000 complaints have been resolved.

Andhra Pradesh has restarted the INR 65,000 crore Amaravati capital project, aiming to build a global-standard city over 217 sq km. With significant funding from national and international agencies, the project plans to accommodate 3.5 million residents and achieve a $35 billion GDP by 2050. PM Modi has been invited to the groundbreaking ceremony.

India's EV adoption could financially challenge automakers and overwhelm the power grid. Meeting a 25% EV sales target may boost electricity demand by 60%, requiring major grid upgrades and millions of new chargers. Without a shift to renewables and smart charging strategies, environmental gains may be compromised.

Amid rising gold loan NPAs and outstanding loans, the RBI plans to tighten regulations in the sector. NPAs rose by 28.58% to INR 6,824 crore, and total loans increased by 27.26% to INR 11.11 lakh crore as of December 2024. Identified irregularities have prompted the RBI to propose stricter norms to ensure better oversight.

SBI has cut home loan rates to 6.7% for all loan amounts and waived processing fees, aiming to boost housing demand during the festive season. This move is expected to benefit buyers across various segments, particularly in metro cities and the premium housing market. ?

The BSE Sensex fell 2%, erasing INR 11.3 lakh crore in investor wealth, after India announced reciprocal tariffs against certain countries. The move sparked fears of trade wars, leading to significant losses in sectors like technology, auto, and metals. Analysts warn of increased market volatility amid rising global trade tensions.

Amid growing apprehensions about President Trump's tariff plans, gold prices have surged globally, with spot rates hitting USD 3,221.70 per ounce. In India, MCX Gold futures are nearing record highs, underscoring the metal's status as a preferred safe-haven investment during times of economic uncertainty and potential trade conflicts.

Tax authorities have clarified that the 18% Goods and Services Tax (GST) on apartment maintenance services is not a recent development but has been in effect since 2019. The clarification aims to address confusion among residents and housing societies regarding the tax's applicability.

Anarock's report reveals a 4% drop in India's unsold housing stock to 5.6 lakh units, with affordable homes seeing a 19% decline. Despite this, the overall unsold stock value remains high, highlighting changing market trends.

NCLAT has dismissed the plea of Ram Kishor Arora, former promoter of Supertech Ltd, against personal insolvency proceedings initiated by IFCI Bank. The tribunal upheld that personal guarantors' liabilities are separate from corporate insolvency cases, enabling lenders to proceed with actions against both concurrently.

Arnya RealEstates Fund Advisors has invested INR 130 crore in Casagrand's residential project in South Bengaluru. This is the second investment for Arnya's maiden debt fund, which targets early-stage growth capital for Tier 1 residential developers in India's top eight cities.

The Andhra Pradesh government has initiated a program in Mangalagiri to provide free registration of house sites to economically disadvantaged families. Under the 'Mana Illu–Mana Lokesh' initiative, HRD and IT Minister Nara Lokesh distributed permanent house site pattas to 1,030 families over four days. Beneficiaries will gain full ownership rights after two years, with an appeal to retain the plots as Mangalagiri is poised for significant development. Complementing this housing initiative, the government has laid the foundation for a 100-bed hospital, slated for completion within a year.

The Chandigarh Municipal Corporation has initiated the distribution of property tax bills for the fiscal year 2025, reflecting a significant revision in rates—tripling for residential properties and doubling for commercial ones. This adjustment, the first since 2017, aims to bolster municipal revenues. To encourage prompt payments, the civic body is offering a 20% rebate for residential and a 10% rebate for commercial property owners who settle their dues by May 31. Failure to pay within this period will result in a 25% penalty and a 12% annual interest on the outstanding amount. The corporation has already dispatched bills to government-owned properties and is now focusing on residential and commercial establishments, targeting the distribution of all bills within the next 7 to 10 days. As of April 1, approximately INR 2 crore has been collected under the new rates.

After a 7-year delay, Indore’s Devi Ahilyabai Holkar Airport will acquire 20.48 acres below Bijasan Tekri to build multilevel parking, a new terminal, shopping zones, and escalator access to the upcoming metro. The land acquisition was delayed due to a temple access road, now resolved with an alternate route. A INR 2.53 crore boundary wall project is underway, with construction expected to be completed in nine months.

The Karnataka High Court has clarified that the registry of the Real Estate Regulatory Authority (RERA) lacks the authority to decide on the maintainability of complaints. Justice M. Nagaprasanna emphasized that such determinations must be made by RERA's adjudicating members, not its administrative staff. The court reinstated a complaint by Bengaluru resident Amit Garg, which had been dismissed by the registry via email, deeming the action "on the face of it illegal."

Amazon-backed More Retail plans to launch an IPO in 2026, following an 11% sales increase in FY25. The company aims to open over 500 new stores across 160 cities in the next 18 months, enhancing its hybrid model that integrates physical outlets with Amazon Fresh fulfillment centers. This strategy has led to a 23% rise in same-store sales, positioning More Retail to capitalize on India's growing demand for online grocery delivery. ​

In Ghaziabad, only 2,760 out of 17,875 applications for housing under the Pradhan Mantri Awas Yojana (PMAY) have been deemed eligible by the District Urban Development Agency (DUDA). This low approval rate of approximately 15% highlights significant challenges in the application process. DUDA has identified irregularities in grant distributions and is conducting investigations to address these issues. The agency plans to launch a new application drive in May to rectify the situation and ensure that eligible beneficiaries receive the intended support.​

​In a compassionate initiative aligning with the Vishu festival, the Maradu Municipality in Kochi has announced the allocation of land deeds to five families categorized as extremely poor. Each family will receive three cents of land, valued at approximately INR 2.7 lakh, funded entirely by the municipality's own resources. These beneficiaries will also be integrated into the Pradhan Mantri Awas Yojana (PMAY), receiving assistance for constructing homes. Additionally, the municipality plans to hand over newly constructed residential flats to eight Scheduled Caste families in the coming week.

Investors' wealth eroded by INR 11.30 lakh crore since early this month, where the BSE benchmark Sensex tumbled nearly 2 per cent, as stock markets experienced turbulence in recent times initially due to US President Donald Trump unveiling a massive tariff plan, followed by growing concerns of a tit-for-tat trade war between China and the US. Since April 2, the BSE benchmark gauge has slumped 1,460.18 points or 1.90 per cent. Tracking uncertainty in equities, the market capitalisation of BSE-listed firms tumbled by INR 11,30,627.09 crore to INR 4,01,67,468.51 crore (USD 4.66 trillion) during this period. - PTI

Marriott Hotels, part of Marriott Bonvoy, on Monday announced the opening of 226-key Udaipur Marriott Hotel in Rajasthan. "Udaipur is one of the most preferred destinations in Rajasthan and serves as a perfect backdrop to introduce our signature heartfelt service and quality standards to the guests," Marriott International Regional Vice President - South Asia, Ranju Alex said in a statement. - PTI

Realty firm Saptashree Group on Monday said it is targeting INR 500 crore revenue from its AI-powered IT Park in Thane – AI Thane. The project, which spans 1.5 acres of company-owned land valued at INR 150 crore, is backed by a development cost of INR 150 crore which is funded by the Saptashree Group, the company said in a statement. With construction currently underway, the project will be delivered in a single phase with completion and handover scheduled for April 2027, it stated. - PTI

India's real estate sector witnessed a significant 74% year-on-year increase in equity investments, reaching USD 3 billion in the January–March 2025 quarter. Bengaluru, Mumbai, and Delhi-NCR collectively accounted for 67% of these inflows, driven by heightened developer activity and growing interest from Real Estate Investment Trusts (REITs) and institutional investors. Land development and office assets dominated, comprising 74% of total investments, while retail assets saw a 13% quarter-on-quarter growth. Developers led capital deployment with a 46% share, followed by REITs at 23%, reflecting robust demand and investor confidence in India's real estate market.

Fuelled by rising disposable incomes and growing awareness about disciplined investing, monthly SIP inflows across the mutual fund industry could scale up to INR 40,000 crore over the next 18-24 months, according to Madhu Nair, CEO of Union Asset Management Company (AMC). SIP inflows stood at INR 25,925 crore in March, although the industry has witnessed a declining trend over the past four months amid heightened market volatility triggered by frequent US tariff changes. Despite this short-term dip, the broader picture remains optimistic. In 2024-25, the average monthly SIP contribution rose to INR 24,113 crore, a significant jump from INR 16,602 crore in the previous fiscal year. - PTI

Macrotech Developers, operating under the Lodha brand, has acquired 10 land parcels in FY25 to develop housing projects across Mumbai Metropolitan Region, Pune, and Bengaluru. These projects have a combined gross development value (GDV) of approximately INR 24,000 crore, surpassing the company's initial guidance of INR 21,000 crore for the fiscal year. Notably, two new projects in Pune contribute INR 4,300 crore to the GDV, expanding the company's presence to nine locations in the city. In Q4 FY25, the company reported a 14% year-on-year increase in sales bookings, reaching INR 4,810 crore.​

State-owned Bank of Maharashtra (BoM) has announced reduction in lending rate linked to repo rate by 25 basis points in line with the Reserve Bank's key policy rate. The bank's repo-linked lending rate (RLLR) has now been reduced from 9.05 per cent to 8.80 per cent, BoM said in a statement on Monday. The Reserve Bank of India (RBI) on Wednesday slashed key interest rates by 25 basis points for the second time in a row to support growth facing the threat of reciprocal tariffs by the US. - PTI

Singapore has downgraded its gross domestic product (GDP) growth forecast for 2025 to 0-2 per cent, the Ministry of Trade and Industry (MTI) said on Monday (Apr 14), citing the impact of US President Donald Trump's tariffs on global trade. The Monetary Authority of Singapore (MAS), the de facto central bank, has also loosened monetary policy for the second time in a row as economic fears rise due to the trade war brewing between the US and China and lowered core inflation expectations for the year. - PTI

China's exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in US tariffs imposed by US President Donald Trump, the government said Monday. Imports fell 4.3%, the customs administration reported. It said exports from the world's second largest economy rose 5.8% in the first three months of the year from a year earlier while imports sank 7%. China's trade surplus with the United States was USD 27.6 billion in March as its exports rose 4.5%. It logged a surplus of USD 76.6 billion with the US in the first quarter of the year. - PTI

Arnya RealEstates Fund Advisors will invest INR 130 crore in realty firm Casagrand's forthcoming residential project in South Bengaluru. This is the second investment of the company. It announced its first investment in October 2024 for a project in Navi Mumbai, the company said in a statement on Monday. Arnya RealEstates Fund Advisors maiden fund, Arnya Real Estate Fund - Debt, launched in April 2024, aims for a corpus of INR 1,000 crore, with an additional green shoe option of INR 1,000 crore. - PTI

Unsold housing stock stood at nearly 5.6 lakh units at the end of the latest March quarter, down 4 per cent annually, on strong sales, according to Anarock. Real estate consultant Anarock data showed that unsold housing inventory declined to 5,59,808 units at the end of March 2025 from 5,80,895 units in the year-ago period across seven major cities. These seven cities are Delhi-NCR, Mumbai Metropolitan Region (MMR), Kolkata, Chennai, Bengaluru, Hyderabad, and Pune. - PTI

Union minister Pankaj Chaudhary on Monday said more than INR 33 lakh crore of collateral-free loans have been given to 52 crore people under Mudra Yojana for starting businesses and 68 per cent of the beneficiaries are women. The Minister of State for Finance was addressing a gathering at the valediction ceremony of the 77th batch of Indian Revenue Service (IRS) officers at the National Academy of Direct Taxes in Nagpur.- PTI