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Prisma Properties has completed a land swap agreement with the municipality of Uppsala, paving the way for a new Lidl store development in the Gränby area. The company has also secured a 10-year lease agreement with Lidl for the upcoming store, providing long-term occupancy for the project. The transaction forms part of Prisma Properties' retail-focused development strategy and strengthens its presence in Sweden's growing commercial real estate market. The development is expected to contribute to the expansion of retail infrastructure in Uppsala while supporting continued demand from major grocery operators.Read more
23 Jun 2026
The Maharashtra government has initiated a statewide exercise to correct and standardise leasehold land records, directing district collectors to complete the process within three months. The move follows concerns over discrepancies in revenue records that have led to unauthorised property transactions and legal disputes. Revenue Minister Chandrashekhar Bawankule has issued a circular mandating the identification of leasehold plots and correction of entries in land records. The exercise is aimed at improving transparency, strengthening regulatory oversight and ensuring that leasehold properties are transferred only after obtaining the required permissions.Read more
23 Jun 2026
Mahindra Lifespace Developers has acquired a 15-acre land parcel in Kandivali East, Mumbai, through a competitive bidding process to develop a residential project with an estimated revenue potential of INR 5,600 crore. The proposed development is expected to have a total development potential of around 1.8 million sq ft. While the company did not disclose the acquisition cost, the transaction marks another addition to its Mumbai development pipeline. The acquisition aligns with Mahindra Lifespaces' strategy of expanding its residential portfolio across key urban markets. The company currently has a development footprint of 53.65 million sq ft across completed, ongoing and upcoming residential projects in seven cities and manages more than 5,000 acres of integrated developments and industrial clusters.Read more
23 Jun 2026
More than 100 acres of land were voluntarily offered by farmers from four villages for the development of Amaravati under the land pooling scheme. Farmers from Thullur, Rayapudi, Lingayapalem and Velagapudi submitted consent documents to the Andhra Pradesh Capital Region Development Authority (APCRDA), expressing support for the capital city's development. The landowners said they were pleased to contribute to the project and encouraged other farmers in capital region villages to participate in the pooling process. The latest contribution adds to the ongoing land aggregation efforts aimed at advancing infrastructure and urban development in Amaravati.Read more
23 Jun 2026
• A proposed government auction of a five-acre land parcel in Raidurg, Hyderabad, has come under legal scrutiny after the State Bank of India (SBI) claimed ownership rights over the property.
• SBI has approached the Telangana High Court challenging the state's decision to include the land in a public auction programme.
• The bank contends that the parcel was allotted to it decades ago and remains under its ownership, while the state government maintains that the land reverted to government control after allotment conditions were not fulfilled.
• The High Court has granted interim relief, temporarily halting the auction process pending further hearings.Read more
22 Jun 2026
The Bihar government is preparing to revise circle rates for land and flats across the state from the new financial year, with the Minimum Value Register potentially rising to three or four times current levels in several areas. The proposal, drawn up by the Department of Prohibition, Excise, and Registration based on district valuation committee recommendations, aims to correct a long-standing gap between official rates and actual market prices. Patna, Gaya, Muzaffarpur, and Bhagalpur are expected to see the sharpest increases, with the move set to push up stamp duty and registration costs for property buyers across urban Bihar.Read more
22 Jun 2026
A subsidiary of National Real Estate Company has entered into a memorandum of understanding (MoU) related to its land parcel on Reem Island in the UAE. The transaction is valued at AED 52 million and is expected to have a positive impact on the company's financial performance. National Real Estate said the deal is likely to generate an estimated profit of KD 1 million, which will be reflected in its income statement. Reem Island remains one of Abu Dhabi’s key mixed-use development locations, attracting continued real estate investment and development activity.Read more
22 Jun 2026
The Bihar government has withdrawn restrictions on the sale and transfer of land in areas earmarked for 11 proposed satellite townships across the state, reversing a moratorium imposed earlier this year as part of its township development programme. The decision allows landowners to sell land directly to the Bihar State Housing Board while retaining planning controls intended to guide future urban expansion. The move affects proposed greenfield townships planned around Patna, Gaya, Darbhanga, Muzaffarpur, Bhagalpur, Purnia, Saharsa, Munger, Sonepur, Chhapra and Sitamarhi. The relaxation is expected to facilitate land aggregation for township projects being developed under a land-pooling framework, while enabling authorities to continue preparing master plans for the identified urban growth zones.Read more
20 Jun 2026
Plotted developments are witnessing increasing demand across the National Capital Region (NCR) as homebuyers and investors seek greater flexibility, long-term value appreciation and independent ownership. The trend is particularly visible in emerging markets such as Sonipat and Kundli, where infrastructure projects, improved connectivity and growing economic activity are driving residential interest. Unlike conventional apartments, plotted developments provide buyers with the freedom to design and construct homes according to their requirements while benefiting from lower maintenance costs and phased investment options. Organised plotted communities are also gaining popularity due to the availability of planned infrastructure, security and amenities. As major road and connectivity projects reshape the region, land ownership is increasingly being viewed as a strategic long-term real estate investment.Read more
20 Jun 2026
The Andhra Pradesh Capital Region Development Authority (APCRDA) held a Gram Sabha in Nowlur village as part of the ongoing land acquisition process for Amaravati's development. Senior APCRDA officials interacted with farmers and residents, explaining the progress of land pooling, infrastructure development and acquisition procedures. Authorities informed landowners that those included in the acquisition notification still have an opportunity to voluntarily join the Land Pooling Scheme within the prescribed period. APCRDA also assured villagers that concerns related to land, development and civic infrastructure would be examined in line with government policies and planning objectives.Read more
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19 Jun 2026
• The Bombay High Court is hearing fresh proceedings related to land reserved for burial grounds in Thane, following allegations of encroachment and non-compliance with earlier judicial directions.
• Petitioners have claimed that portions of land earmarked for Christian burial grounds continue to face unauthorised occupation despite previous court orders protecting the reservation.
• A contempt plea has also been filed against civic authorities, alleging failure to implement directions concerning the disputed land.
• The case has renewed focus on the protection of reserved public utility lands and the responsibilities of local authorities in enforcing planning regulations.Read more
18 Jun 2026
Puravankara Ltd has acquired a 9.73-acre land parcel at Sanna Ammanikere in North Bengaluru to develop a residential project with an estimated revenue potential of INR 800 crore. The outright acquisition offers a development potential of around 0.89 million sq ft and forms part of the company's strategy to strengthen its presence in Bengaluru, one of its key residential markets. While the company did not disclose the acquisition cost or the identity of the seller, it stated that the project would add to its expanding development pipeline. As of March 31, 2026, Puravankara had completed 95 projects covering 57 million sq ft across nine Indian cities, while its total land bank stood at 40 million sq ft and ongoing developments spanned 36.69 million sq ft.Read more
18 Jun 2026
The Lucknow Development Authority (LDA) has opened online registrations for more than 3,100 residential plots under its upcoming Varun Vihar and Naimish Nagar housing schemes in Lucknow. The launch marks a significant step in the authority's urban expansion programme, with around 2,100 plots being offered in the first phase of Varun Vihar and over 1,000 plots under Naimish Nagar. The schemes form part of LDA's larger plan to create new residential townships supported by modern infrastructure, green spaces and mixed-use development across key growth corridors of the city.Read more
18 Jun 2026
The Karnataka government issued a final notification on 13 June 2026 for the acquisition of 516 acres of agricultural land in Bidadi, Ramanagara district, for the proposed Greater Bengaluru Integrated Township — envisioned as India's first AI-powered city and estimated at INR 18,133 crore. The move, pushed through despite sustained opposition from farming communities in Byramangala and Kanchugaranahalli panchayats, has drawn sharp political condemnation from Union Minister and JD(S) president H.D. Kumaraswamy, who announced a legal challenge and called on Chief Minister D.K. Shivakumar to visit the affected villages personally.Read more
17 Jun 2026
A proposed luxury resort project in southern Albania involving investors including Jared Kushner is facing growing opposition as local villagers claim parts of the development site were sold despite ongoing ownership disputes. Residents of Zvernec have alleged that land they consider theirs was transferred without consultation or compensation and have presented property documents to support their claims. The dispute has added to concerns already surrounding the multi-billion-euro coastal development, which has attracted criticism over environmental impacts and public access. Albanian authorities maintain the project is legal, while affected residents are preparing fresh legal action.Read more
17 Jun 2026
The Maharashtra government has enacted the Maharashtra Land Revenue Code (Second Amendment) Act, 2026, introducing amendments to Section 37A of the Maharashtra Land Revenue Code, 1966. The legislation clarifies approval requirements for transactions involving government land and validates certain approvals granted before the enactment of the 2012 amendment. The move is aimed at removing legal ambiguities surrounding land transfers, redevelopment projects, utilisation of additional FSI, TDR transactions and changes in land use where government approvals had been issued under earlier administrative frameworks.Read more
16 Jun 2026
• Karnataka government plans to complete full land management digitisation within a 100-day timeline.
• The move aims to improve transparency, accuracy, and efficiency in land record administration.
• Manual dependency in land records will be reduced through structured digital systems.
• The initiative is expected to speed up land transactions and improve inter-department coordination.
• The programme is part of Karnataka’s ongoing governance reforms focused on technology-led public service delivery.Read more
16 Jun 2026
Oberoi Realty infused INR 268.50 crore into its wholly owned subsidiary Centerstage Realty Private Limited on 9 June 2026, meeting the minimum paid-up capital requirement stipulated in the bid documents for the Railway Land Development Authority's Bandra East land parcel. The SPV, incorporated just a week earlier on 2 June 2026, will exclusively execute the development of approximately 45,371 sq m of railway land adjoining the Western Express Highway, leased for 99 years. This follows Oberoi's earlier first tranche payment of INR 247.50 crore to RLDA and its winning bid of INR 5,400 crore in February 2026.Read more
15 Jun 2026
• The Maharashtra government plans to introduce plot-wise Ready Reckoner (RR) rates in Nagpur through a micro-zoning model over the next two years.
• The new system aims to reflect the actual market value of individual plots instead of assigning uniform rates across larger areas.
• Officials believe the initiative will improve transparency in property valuation and reduce disparities in stamp duty assessments.
• The move could serve as a pilot model for more scientific and data-driven real estate valuation across the state.Read more
15 Jun 2026
West Bengal will remain at the centre of the Centre’s upcoming land port development programme as the Land Ports Authority of India (LPAI) plans to establish 11 new land ports across the country over the next three years. The focus on the state stems from the strategic importance of the Siliguri Corridor and West Bengal’s borders with Bangladesh, Nepal and Bhutan. The announcement was made during the launch of the Land Port Management System (LPMS), a digital platform designed to streamline cargo and passenger movement across India’s land ports. The initiative is expected to strengthen border infrastructure, improve trade facilitation and support multimodal connectivity in eastern India while enhancing operational efficiency at existing and future land ports.Read more
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