The government plans to convert 25,000 km of two-lane national highways with high vehicle density into four lanes within two years, investing INR 10 lakh crore. Currently, 636 highway projects spanning 16,422 km are under construction. Additionally, the government aims to introduce low-decibel musical vehicle horns to curb noise pollution.

IBM has leased approximately 110,000 square feet of office space from Table Space in Bengaluru.

Authorities in Gautam Budh Nagar are considering increasing circle rates by 20% to 70%. This proposed hike could significantly affect homebuyers, potentially leading to higher property prices in Noida, Greater Noida, and Jewar and increased financial burdens for prospective purchasers in the area.

Homebuyers in Bengaluru are requesting the Karnataka Real Estate Regulatory Authority (KRERA) to implement a comprehensive project closure policy. They argue that obtaining an Occupancy Certificate (OC) alone does not signify project completion, emphasizing the need for additional measures to ensure developers fulfill all commitments.

Landowners are approaching the Maharashtra Real Estate Regulatory Authority (MahaRERA) for legal recourse in resolving disputes with real estate developers. This move highlights the increasing reliance on regulatory bodies to mediate conflicts and ensure fair practices in the real estate sector.

Twenty housing societies in Juhu received BMC notices for altering footpaths on Gulmohar Road and N S Road, affecting pedestrian movement. Residents complained about illegal modifications that force pedestrians onto the road. The BMC directed societies to rectify violations. Activists urged stricter action, citing safety concerns, especially for senior citizens.

The Bombay High Court overturned the Thane deputy registrar’s rejection of deemed conveyance for four housing societies, ruling that incomplete layout development is not a valid reason. Justice Sandeep Marne ordered a fresh review, allowing societies and developers to submit corrected documents for fair evaluation under Maharashtra Ownership Flats Act provisions.

Mhada has submitted plans to redevelop slums in Jogeshwari, Chembur, and Kurla under a joint initiative with the SRA. The project includes relocation, rent support, and construction, with Mhada financing and handling redevelopment.

Bangkok Earthquake Update: Aftershocks expected in Bangkok around 2.30 pm and 7.30 pm, local time. People have been asked to evacuate high rise buildings. More news to follow.

Mumbai authorities are demolishing 100 unauthorised structures near the Coastal Road in Worli amid concerns of land-grab by developers. Activists allege slum-dwellers were settled to gain PAP status, granting builders access to prime reclaimed land. Officials are acting on complaints to prevent illegal occupation and misuse of rehabilitation policies.

The BMC is introducing a digital dashboard for real-time tracking of its 400-km road concretisation project. The INR 12,000-crore initiative will enhance monitoring and efficiency, with an agency updating project data. Initially for internal use, it may later be accessible to citizens, improving transparency in Mumbai’s road development.

The Vikhroli East-West connector, linking Lal Bahadur Shastri Marg and Eastern Express Highway, is set to open before monsoon, according to civic officials. However, local activists highlight delays in the approach road, potentially pushing the deadline.

BlackRock Inc. forecasts outcome-orientated ETFs will reach USD 650 billion by 2030, driven by adviser adoption and market shifts. These derivatives-based funds aid portfolio diversification and risk management. Despite concerns over higher risks, BlackRock stresses investor education.

The redeveloped Hisar airport, built at INR 1,500 crore, is set to open by 14 April, enhancing regional connectivity and specialised air services. Spanning 7,000 acres, it features an MRO facility, an aviation academy, and an Integrated Manufacturing Cluster. Alliance Air will operate the first flight from the airport.

DLF Ltd.’s stock rose 9.4% in a month, recovering from a 23% decline. Recently, the company outlined plans to expand residential and annuity businesses while reducing debt. Analysts remain optimistic due to its strong land bank, rental income growth, and projected INR 20,000 crore FY26 pre-sales.

Maharashtra Deputy CM Eknath Shinde announced a policy change allowing builders in the airport's funnel zone to receive additional TDR if height restrictions limit FSI usage. Concessions on premium charges and FSI exclusions aim to boost redevelopment in areas like Santacruz, Vile Parle, and Kurla, addressing longstanding concerns from local representatives.

Breaking News: A 7.3 magnitude earthquake struck Bangkok this morning. The earthquake is said to have a 10km depth, with its epicentre in Central Myanmar near Monywa. No immediate reports of damage or casualties have surfaced, while the impact in Myanmar remains unclear. Details to follow.

Sunteck Realty has committed an investment of USD 10-20 million in its subsidiary, Sunteck Lifestyle International, to bolster its presence in the luxury housing segment. The funds will be used to enhance project quality, integrate advanced living concepts, and cater to the rising demand for premium residential spaces.

The Haryana government has confirmed that Haryana Shahari Vikas Pradhikaran (HSVP) plots will continue to be allocated via auction instead of a lottery. This approach aims to enhance transparency, ensure fair pricing through competitive bidding, and maximise government revenue while discouraging speculative transactions in urban development.

Senior living and multi-generational community developer Primus plans to invest INR 1,500 crore to expand its presence in India. The company aims to develop integrated communities with senior living, family-friendly amenities, healthcare services, and assisted living facilities, catering to the growing demand for inclusive housing solutions.

The Indore Development Authority (IDA) plans to propose a INR 1,650 crore budget for the upcoming fiscal year, prioritising new residential schemes and urban infrastructure projects. Key initiatives include a convention centre near the Super Corridor and two ISBTs on Bhopal and Dhar roads, aimed at enhancing connectivity and boosting real estate activity.

The Bhubaneswar Development Authority (BDA) has sanctioned building plans for 158 high-rise projects over the past five years, collecting INR 48.30 crore in fees. However, since 2015, this authority falls under the Bhubaneswar Municipal Corporation (BMC), raising concerns over the legal standing of these approvals and prompting calls for regulatory clarity.

The National Housing Bank (NHB) has ramped up surprise inspections of housing finance companies amid fraud concerns, including irregularities in Aviom Housing Finance. NHB’s inspections aim to verify whether firms are correctly utilizing refinancing funds, maintaining accurate bad loan records, and ensuring transparency in their loan portfolios.

An audit has revealed that 31,455 acres of land across 507 gram panchayats in Punjab are under unauthorized occupation. Urban local bodies (ULBs) face staff shortages of 34%-44%, while pending recoveries total INR 510.56 crore. Additionally, four ULBs lack proper asset records, hindering transparency and the detection of illegal activities.

Andhra Pradesh Revenue Minister Anagani Satya Prasad has directed district collectors to prevent private lands from being listed under the 22A prohibitory register. The government is amending the ROR Act to designate Revenue Divisional Officers as appellate authorities, alongside forming special committees to resolve real estate disputes efficiently.

BirlaNu, formerly HIL, plans to invest USD 150 million (INR 1,125 crore) to achieve a USD 1 billion revenue target by 2028. BirlaNu offers home and building products and services. The company is focusing on sustainable building materials, expanding AAC block capacity, and introducing its global flooring brand, Parador, in India.

Lulu Group International plans to develop a world-class shopping mall in Visakhapatnam. The mall will feature a hypermarket, IMAX multiplex, fine-dining food court, and Funtura amusement park, enhancing the city’s retail landscape. The Andhra Pradesh government has directed APIIC to assess the proposal and transfer 13.43 acres of Harbour Park land.

New U.S. single-family home sales rose by 1.8% in February, reaching a seasonally adjusted annual rate of 676,000 units, driven by lower mortgage rates and warmer weather. January's figures were revised to 664,000 units. Sales increased 5.1% year-on-year, but economic uncertainty may limit further growth in the housing market.

Beijing Capital, a Chinese state-backed developer, plans to raise up to USD 500 million through a four-year dollar bond, following a USD 450 million issuance in March. Despite China's property market struggles, recent government stimulus measures are encouraging investor interest in real estate debt transactions after a prolonged downturn since 2021.

Malaysia remains a top retirement destination, ranking seventh in the Annual Global Retirement Index. Its affordability, quality healthcare, and visa options attract retirees. Kuala Lumpur offers low living costs, while Penang and Langkawi provide scenic lifestyles. Modern medical facilities and tropical climates further enhance Malaysia’s appeal for international retirees.

Odisha Chief Minister Mohan Charan Majhi has announced amendments to the Odisha Government Land Settlement Rules, 2020, to ensure transparency in land allotments. Amid Bhubaneswar’s rapid growth and rising land prices, the government is expediting encroachment evictions and allocating INR 10.88 crore for boundary walls to protect government properties.

To manage the surge in property transactions before the financial year-end, Pune’s property registration offices will remain open from March 29 to 31. This move aims to clear the backlog and facilitate smoother processing for buyers and developers amid the usual year-end rush in real estate transactions.