Japan's Nomura Real Estate has partnered with Legal & General to build over 1,000 rental homes in the UK, marking its first entry into the market. The venture, backed by Nomura's substantial investment, will focus on central London and underutilised land, addressing the country's chronic rental housing shortage.

The UK government has pledged GBP 2 billion (USD 2.58 billion) to construct up to 18,000 social and affordable homes in England by 2029, supporting its goal of delivering 1.5 million homes. This initiative, alongside funding for construction sector training, aims to address the country’s housing shortage and boost economic growth.

The Bombay High Court has dismissed a petition by Bhosale Homes challenging CIDCO's 2016 stop-work notice for its Ulwe project in Navi Mumbai. The court ruled that a development agreement cannot supersede a disputed land title, affirming CIDCO’s authority to halt construction until ownership issues are resolved in a civil court.

The Odisha government has revised its fire safety regulations, allowing buildings constructed before 2017 to obtain fire safety certificates without prior building plan approval. This amendment to the Odisha Fire Prevention and Fire Safety Rules, 2025, aims to ease compliance for older structures while ensuring improved fire safety standards through inspections and necessary guidance.

Buyers of Ramprastha City plots protested outside H-Rera, alleging delayed allotments despite full payments since 2006. They accused the developer of misleading assurances. Complaints were filed with H-Rera and the Chief Minister, urging action to prevent fraud and ensure rightful allotments.

315Work Avenue plans to expand its co-working space portfolio to two million sq. ft. within a year, investing INR 400 crore. Founder Manas Mehrotra cited growing corporate demand. The company currently operates three million sq. ft. across 45 locations and aims to reach five million sq. ft. in 2025.

Godrej Properties’ first project in Hyderabad, Godrej Madison Avenue, has seen strong demand, selling over 300 homes since its January launch, covering 0.84 million sq. ft. in Kokapet. Encouraged by this, the company plans a second project in the city while expanding in Bengaluru with strategic land acquisitions in Yelahanka and Thanisandra.

The Uttar Pradesh government has approved Yeida’s Master Plan 2031 Phase-2, facilitating urban development in Aligarh, Mathura, Hathras, and Agra along the Yamuna Expressway. Key projects include Mathura’s Heritage City and Aligarh’s Logistics Park, aligning with the 2025 launch of Noida International Airport to boost regional economic growth.

India has ordered Samsung and its executives to pay INR 601 crore in back taxes and penalties for allegedly misclassifying telecom equipment imports to evade duties. Authorities claim the company bypassed a 10-20% tariff between 2018 and 2021. Samsung denies wrongdoing and is evaluating legal options.

S&P Global has lowered India's GDP growth forecast for FY26 to 6.5% from 6.7%, citing global trade challenges, including rising US tariffs. However, strong domestic demand and emerging market dynamics are expected to sustain economic momentum despite external pressures on the Asia-Pacific region.

DLF has acquired nearly 50% of its subsidiary, DLF Urban Private Limited, from Singapore’s Reco Greens for INR 497 crore, securing full ownership. DLF Urban, which developed the luxury One Midtown project in Delhi, is now wholly owned by DLF Home Developers and DLF Limited.

Sebi has placed WeWork India’s IPO on hold and returned Star Agriwarehousing’s draft offer documents, while Indira IVF Hospital has withdrawn its IPO filing. WeWork India had planned to offer 4.3 crore shares via the OFS route, with Embassy Buildcon selling up to 3.3 crore shares and Ariel Way Tenant offering about 1 crore shares.

Cricketer Suryakumar Yadav and his wife, Devisha Yadav, have purchased two luxury apartments in Mumbai’s Deonar for INR 21.1 crore. The units, spanning 4,222.7 sq. ft. in Godrej Sky Terraces, come with six parking spaces. The deal, registered on March 21, incurred a stamp duty of INR 1.26 crore.

The Enforcement Directorate (ED) has initiated an investigation into an alleged land grabbing and money-laundering case linked to 41 unauthorised buildings in Agarwal Nagar, Nalasopara East. Constructed between 2010 and 2012, the buildings were demolished in January following a Supreme Court order. The case involves transactions worth INR 500-1,000 crore.

The Dharavi redevelopment survey has reached its final phase, with over 63,000 tenements already surveyed. Navbharat Mega Developers Private Limited (NMDPL) urged remaining residents to participate. The project, backed by the Maharashtra government and Adani Group, is backed by an estimated total investment of INR 3 lakh crore.

The government aims to construct 10,000 km of highways in 2025-26 and raise INR 30,000 crore from road asset monetisation. Plans include 1,100 km in the North-East and 750 km in tribal areas. Additionally, INR 35,000 crore in private investment is targeted, with 30% of projects expected under the PPP model.

Maharashtra’s Ports and Fisheries Minister, Nitesh Rane, has urged the BMC to transfer reclaimed land from the coastal road project to the Maharashtra Maritime Board for commercial maritime activities, tourism, and public events. Citing legal provisions, he asserted that such lands fall under the board’s jurisdiction and should be officially transferred. The minister estimated potential revenue at INR 2,000 crore and announced plans to monetise MMB lands through a new hoarding policy.

Homebuyers of Bengaluru’s Ozone Urbana project have withdrawn seven cases from KRERA, citing its failure to enforce relief. Despite 214 execution orders, none were implemented. Buyers have now approached the Karnataka High Court. The developer allegedly owes INR 93.6 crore in refunds and faces fraud charges worth INR 3,300 crore.

Adani Group has sought land from the Gujarat government for an SEZ in Ahmedabad and a township in Gandhinagar. The company seeks 29,847 square metres in Ahmedabad in exchange for 33,286 square metres it holds in Daskroi taluka. Similarly, it has sought 63,334 square metres in Gandhinagar, offering 61,211 square metres in Dantali taluka in return. A third request is for 202 square metres in Kalol taluka.

JNPA will establish its commercial office at Malet Bunder, Mumbai Port Area, by April 2027. The 20-storey building will house JNPA and allied port organisations and will cost around INR 1,000 crore. For the project, 3.16 acres of land has been leased for 30 years from Mumbai Port Authority (MbPA) at the cost of INR 400 crores.

The BMC and police evacuated residents of Dsouza Mansion, Santacruz East, a gaothan building owned by an East Indian Catholic family, ahead of its demolition. Families, struggling to find affordable housing, contested the building’s dilapidation status. With legal support, they plan to challenge the demolition to retain ownership of their ancestral land.

CitiCorp Services India has leased 7.7 lakh sq ft in Pune’s Kharadi from Panchshil Business Spaces for INR 1,096 crore over 10 years. The deal includes a 15% rent escalation every 36 months. Pune’s commercial market remains strong, with major leases by Awfis and Nvidia reinforcing corporate confidence in the city.

Delhi Chief Minister Rekha Gupta unveiled a INR 1-lakh-crore budget for 2025-26, prioritising self-reliance, infrastructure, water, and connectivity. Capital expenditure has doubled to INR 28,000 crore, marking a 31.5% budget increase. Key allocations include INR 5,100 crore for women’s aid, INR 500 crore for Yamuna cleaning, INR 6,874 crore for health, INR 9,000 crore for sanitation, INR 100 crore for education, and INR 806 crore for environmental and pollution control initiatives.

Ranchi Municipal Corporation (RMC) has intensified its holding tax collection drive for FY 2024-25, keeping civic centres open even on holidays. Defaulters face penalties escalating up to 5% after two months. With INR 74 crore collected against an INR 83 crore target, RMC is targeting 100 major defaulters through legal action.

Bihar’s rural development minister Shravan Kumar disbursed INR 301.18 crore to 75,000 beneficiaries under PM Awas Yojana-Gramin (PMAY-G). Landless recipients received INR 1.20 lakh each, while those with land got INR 40,000 as the first instalment. Funds will also be allocated for toilets and MGNREGA workers' payments.

In Ahmedabad, the price of development rights for a Vallabh Sadan plot along the Sabarmati Riverfront increased by INR 8,824 per sq m within three months. In November 2024, the Sabarmati Riverfront Development Corporation Ltd (SRFDCL) sold rights at INR 26,000 per sq m, while a recent RFP for a food park set the base price at INR 32,500 per sq m.

The Yamuna Expressway Industrial Development Authority (YEIDA) and district administration demolished 25 illegal buildings in Jewar tehsil's Ramner, Sabauta, and Kishorepur villages to prevent encroachments that could delay Noida International Airport’s expansion. Officials warned landowners earlier, but many continued constructions to claim higher compensation, prompting the four-hour demolition drive.

China's Sunac is set to become the first Chinese property developer to undergo a second offshore debt restructuring. The company aims to address offshore debt risks following a liquidation petition and market downturns. Despite completing a USD 9 billion restructuring in 2023, it faces renewed financial challenges, with legal proceedings ongoing.

Development projects in Nowshera, Jammu and Kashmir, are progressing under central schemes, including PMAY-G, which provides INR 1.20-1.30 lakh assistance for permanent housing. Meanwhile, INR 815.37 crore has been spent on Jammu Smart City projects over six years, with no major complaints reported, Jammu and Kashmir CM Omar Abdullah informed the Assembly.

India’s data centre industry has attracted over USD 6.5 billion in investments from 2014 to 2024, with a 139% capacity increase to 1.4 GW. Mumbai and Chennai dominate India’s data centre market, contributing 70% of total IT power capacity. Hyperscalers acquired 440 acres in India in the last 5 years, with Hyderabad securing 69%, Mumbai 22%, and Pune 9%, reinforcing India's digital infrastructure growth.

India's office market witnessed record leasing in 2024, driven by BFSI expansion. Mumbai remains the BFSI hub, while Delhi NCR, Bengaluru, Hyderabad, Chennai, and Pune are emerging as financial centres. In 2024, BFSI's share in GCC leasing rose to 25.2%, making it the second biggest component after Tech.

The proposed Amaravati Outer Ring Road (ORR) has sparked a real estate boom within a 25-km radius of Vijayawada. Covering 190 km across five districts, the ORR is expected to enhance connectivity and drive economic growth. Land prices are surging, with suburban areas witnessing increased investment activity.