In Gurugram, five ponds slated for restoration under an MCG and GMDA initiative have been encroached upon by unauthorized constructions, housing plots, temples, and even construction waste. An RTI query revealed that a former councillor built an office over a pond in Nirvana Country, while ponds in Badshapur, Kadarpur, and Gwalpahari have been repurposed for housing and debris dumping.

Manglam Group plans to invest INR 1,000 crore over the next five years to expand its hospitality business in Rajasthan, targeting the growing demand for premium hotels. The company has already developed the 150-room Westin Jaipur Resort and is working on a second luxury hotel in Jaipur’s Jagatpura. Additional projects include developments on Ajmer Road, Delhi-Jaipur Road, and near Khatu Shyam Temple.

Vanke, China’s fourth-largest property firm by sales, reported a USD 6.8 billion annual loss for 2024, citing declining sales and shrinking profit margins. The company attributed its financial struggles to high debt and over-expansion. Revenue fell 26% year-on-year, and liquidity pressures remain a concern due to upcoming debt repayments. Other struggling developers, including Kaisa and Country Garden, also reported significant losses.

Mortgage approvals in Britain fell to a six-month low in February, reaching 65,481, slightly below expectations, as buyers rushed to complete transactions before tax increases in April. Consumer lending also grew at the slowest pace in nearly three years. Analysts noted that the data indicates a gradual recovery in consumer spending, which could support economic growth in the first quarter of 2025.

Godrej Properties Ltd. announced that its luxury project, Godrej Riverine, located in Sector 44, Noida, has sold over 275 homes worth INR 2,000 crore since its launch in March 2025. The project spans 6.46 acres and offers luxury residential apartments in various configurations. This marks the third consecutive launch in Noida with INR 2,000 crore+ sales for Godrej Properties.

From April 1, India's new income tax regime introduces a significant change: the tax exemption limit has been increased from INR 7 lakh to INR 12 lakh, benefitting middle-class taxpayers. Revised tax slabs now include reduced rates for those in the INR 12-24 lakh range and an increase in the TDS threshold for rental income to INR 6 lakh. For salaried individuals, a standard deduction of INR 75,000 remains. While the top tax rate stays at 30% for high earners, the changes aim to ease the financial burden for many taxpayers.

Land housing three ashrams, including one owned by convict Asaram Bapu, in Motera is set to be acquired for the Sardar Patel Sports Enclave and Olympic Village, as part of preparations for the 2036 Games. The relocation process is underway, with a master plan involving land from Motera, Bhat, and Sughad areas. The plan includes residential areas and police academy land. The Ahmedabad Collector's office is handling the acquisition, under the oversight of a committee led by the Chief Minister.

SoftBank Group Corp. is in talks to secure a bridge loan of up to USD 16.5 billion to fund its AI investments in the US. The loan, with a 12-month tenure, is part of SoftBank's broader strategy to support a USD 500 billion AI infrastructure project, along with its ventures in robotics and semiconductors. This loan could also contribute to leading a USD 40 billion funding round in OpenAI.

Desco Infratech made a positive debut on the BSE SME, opening at INR 160, a 6.67% increase from its issue price of INR 150. Established in 2011, Desco specializes in infrastructure, including city gas distribution, renewable energy, water supply, and power. The company operates in over 55 cities across 14 states, with key projects in gas distribution, water systems, and renewable energy.

Raymond Ltd. saw a decline on the first day of the fiscal year FY 2025-2026 following the announcement of a significant residential project in Wadala, Mumbai. The company’s 100% subsidiary, Ten X Realty East Ltd., entered a Joint Development Agreement for the project. This marks Raymond's first residential venture in Wadala and its sixth joint development outside Thane, bringing the total Gross Development Value of its real estate projects to INR 40,000 crore.

In FY 2024-25, 163 SME IPOs raised INR 7,111 crore on the NSE, with an average of INR 44 crore per offering. The highest fund raised was INR 198 crore by Danish Power Ltd. SME IPOs have outperformed large-cap stocks, with average listing gains increasing from 2% in 2019 to 74% in 2024. The market capitalization of SME companies on NSE Emerge stood at INR 1.8 lakh crore as of March 31, 2025.

Residents of Saraswati Kunj, adjacent to Parsvnath Exotica in Sector 53, have raised serious concerns about widespread building law violations, including unauthorized multi-storey structures and illegal commercial activities. These violations, which have worsened sanitary conditions and security risks. The residents have written to the CM demanding immediate intervention to prevent further deterioration.

Starting April 1, Nashik Municipal Corporation (NMC) will implement a new property tax system for rental properties. A 30% additional tax will replace the previous higher surcharges—100% for residential and 400% for commercial rentals. Property owners must provide tenant details to benefit from the new tax structure. The NMC has also hired agencies to survey properties and distribute tax bills, identifying new and rental properties for tax assessment.

Residents of Signature View Apartments in Mukherjee Nagar are facing delays in receiving promised rent compensation from the Delhi Development Authority (DDA) after vacating their flats, despite assurances. The DDA has issued a tender for demolishing the building as it is deemed structurally unsafe. The tender submission deadline is between April 1 and April 14.

Starting April 1, property taxes in Chandigarh have seen a significant increase, with residential taxes tripling to 9% of annual rateable value (ARV) and commercial taxes doubling to 6%. The hike, part of efforts to address the Municipal Corporation's financial crisis, is expected to raise an additional INR 54 crore annually. Along with tax increases, other fees, including water, garbage collection, and fire safety certificates, are also set to rise.

Pune Municipal Corporation (PMC) has extended the deadline to pay property tax at discounted rates until June 30 for the financial year 2025-26. Citizens paying before May 31 will still be eligible for a 5-10% discount. The extension accounts for potential delays in bill distribution due to the reintroduction of a 40% discount for self-occupied properties. Activists have urged for clearer, simpler tax bills.

Mumbai's real estate market saw a significant boost in March 2025, with property registrations rising by 10.3% YoY and stamp duty collections up by 45%. Residential properties accounted for 80% of registrations. The Maharashtra government earned a revenue of nearly Rs 1,600 crore through registration of properties in March due to high-value transactions. The market's shift towards premium properties is evident, with increasing demand for larger homes and properties priced over INR 2 crore.

Odisha CM Mohan Charan Majhi launched the Antyodaya Gruha Yojana in Kalahandi district, aimed at providing permanent housing to economically weaker sections. The initiative, with a budget of INR 2,600 crore for 2025, will offer INR 1.20 lakh per beneficiary and integrate other welfare schemes for better living standards. Over the next three years, 5 lakh homes are set to be built.

Jaipur-based real estate firm AccuSpace has acquired 30,000 square feet of Grade A office space in Gurugram for INR 62 crore to enhance its commercial assets portfolio. The acquisition marks AccuSpace's entry into the Delhi-NCR market, aligning with its strategy to expand into high-growth Tier-1 markets. The company focuses on premium office spaces, built-to-suit facilities, and modern warehouses.

The Enforcement Directorate has attached assets worth INR 95 crore in a money laundering probe against Sidharth Chauhan, promoter of Sidhartha Buildhome Pvt. Ltd. (SBPL). The case follows complaints from over 950 homebuyers alleging non-delivery of homes in SBPL’s Estella and NCR One projects. Chauhan is accused of diverting funds meant for the projects.

Hyderabad's real estate market is facing its steepest downturn since the 2020 pandemic, with a 47% fall in sales and a 55% decline in new launches from January-March 2024 to 2025. Developers attribute this slowdown to reduced interest from NRIs, economic uncertainty in the US, high property prices, and job insecurity in the IT sector.

NITCO, a tiles and marble manufacturer, has assigned the leasehold rights of a 4,144 sq. meter plot at Trans Thane Creek Industrial Area, MIDC, Thane, to Manometer (India) LLP. In return, NITCO will receive INR 11,00,000 and a constructed carpet area of 7,459.2 sq meters or 25% of the FSI. This asset is expected to generate INR 100 crore in profit over the next 3-4 years.

The Maharashtra Housing and Area Development Authority (MHADA) has set a target to construct 19,497 housing units across the state in FY 2025-26. With a budget of INR 15,956.92 crore, the Mumbai board plans 5,199 units, while other regions like Konkan and Pune aim for 9,902 and 1,836 units, respectively.

Aditya Birla Real Estate Ltd (ABREL) has announced the sale of its pulp and paper undertaking in Lalkuan, Uttarakhand, to ITC Limited for INR 3,498 crore. This divestment is part of ABREL's strategy to refocus on its core real estate business.

NCR-based M3M Group is set to fully repay its INR 1,300 crore loan from Indiabulls by Q1 2025. Having repaid INR 802 crore, the group plans an additional INR 331 crore repayment by March 2025, leaving a residual INR 167 crore to be cleared within this quarter. This will make M3M debt-free. The loan was secured for the development of M3M City in Panipat, a large-scale township with 337 acres of premium residential and commercial spaces.

Japan's Nissan has decided to cease car manufacturing in India and will sell its 51% stake in its Chennai factory to joint venture partner Renault. Despite struggling with a mere 0.7% market share and sales of just 28,000 units in FY25, Nissan has committed to continuing operations in India. It will now pay Renault to produce its models at the Chennai plant, focusing on sales and service. Both companies will continue to jointly operate the Renault-Nissan Technology and Business Center India.

The Bombay High Court has upheld a June 2024 tribunal order, evicting a son from his parents' property in Vasai, ruling that paying financial maintenance does not grant possessory rights to the son. The court emphasized that the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, is intended to ensure not only financial support but also a dignified life for senior citizens.

MHADA has allocated INR 200 crore in its 2025-26 budget to rehabilitate encroachers in Sanjay Gandhi National Park (SGNP). The government plans to relocate slum dwellers who settled before 2011, following Bombay High Court orders. The Thane collector has been asked to identify land for rehabilitation.

Starting April 1, 2025, property transactions in Maharashtra will become more expensive due to a hike in Ready Reckoner (RR) rates for the 2025-26 fiscal year. The average increase is 3.89%, with Mumbai seeing a 3.4% rise and Solapur the highest at 10.17%. These hikes will raise property base values, leading to higher stamp duty and registration fees, benefiting the government with increased tax revenue.

The newly opened elevated forest walkway through Malabar Hill attracted around 3,400 visitors in its first two days, with the Brihanmumbai Municipal Corporation (BMC) earning over INR 85,000 in ticket sales. The BMC capped entry to 200 people at a time to manage crowding, and bookings for all time slots sold out quickly. The one-hour walk offers stunning views of the city and the sea, with tickets priced at INR 25 for locals and INR 100 for foreigners. The walkway is open daily from 5 am to 9 pm.

The Brihanmumbai Municipal Corporation (BMC) is on track to meet its property tax target for FY 2024-25, having collected INR 6,011 crore, or 97% of the revised target of INR 6,200 crore by March 31. This marks the highest property tax collection in the BMC's history. The collection has already surpassed last year's INR 4,856 crore, which was impacted by delayed bill issuance.

The Central Board of Direct Taxes (CBDT) recovered INR 92,400 crore in outstanding tax for the 2024-25 fiscal year, as of March 15. This includes INR 67,711 crore in corporate tax, INR 23,536 crore in personal income tax, and INR 1,100 crore in tax deducted at source.