Advertisement
3 hours ago
BEST has approved the transfer of its Dharavi and Kalakilla bus depots in Mumbai for the Dharavi Redevelopment Project, facilitating the handover of 11.58 acres of land. The decision enables project developer Navbharat Mega Developers Pvt Ltd (NMDPL) to proceed with redevelopment plans while maintaining bus operations through temporary facilities. The depots will eventually be replaced by new multi-storey transport hubs. The move removes a key operational hurdle for the INR 96,000 crore Dharavi Redevelopment Project currently underway.Read more
16 hours ago
• A 5.09-acre land parcel in Hyderabad’s Raidurg was sold through an e-auction at INR 204 crore per acre, generating around INR 1,040 crore for the Telangana government.
• The plot was acquired by Vamsiram Builders, making it the second major land transaction in Raidurg within a span of days.
• The sale follows a recent auction of a 6.29-acre parcel that fetched a record INR 237 crore per acre.
• Together, the two transactions have generated nearly INR 2,529 crore from 11.38 acres of land.
• The strong bidding reflects sustained demand for premium commercial land in Hyderabad’s established IT and business corridor.Read more
03 Jun 2026
A Gram Sabha was held in Penumaka village by the Andhra Pradesh Capital Region Development Authority (APCRDA) as part of the ongoing land acquisition process for Amaravati. Senior APCRDA officials informed villagers about the status of land pooling and acquisition activities, highlighting that eligible landowners still have an opportunity to join the Land Pooling Scheme within the prescribed timeframe. Officials also reviewed names included in the acquisition notification, invited objections from residents, and outlined ongoing infrastructure development works in the capital region. Farmers were urged to cooperate with the development process and complete pending registration formalities.Read more
03 Jun 2026
Union Housing and Urban Affairs Minister Manohar Lal has reiterated that the Centre can resume government-owned land leased to institutions whenever required for public purposes. The statement follows a notice issued by the Land and Development Office directing Delhi Gymkhana Club to vacate its 27.3-acre Safdarjung Road property in New Delhi. The government has cited defence infrastructure and public security requirements for the move. The dispute has highlighted the Centre’s legal authority over leased public land administered by the L&DO.Read more
03 Jun 2026
Amazon Data Services India has acquired a 10.6-acre land parcel in Mumbai Metropolitan Region from Lodha Developers for more than INR 125 crore to expand its data centre footprint. The transaction was completed in Ambernath, near the company’s existing data centre campus, and forms part of Amazon’s broader infrastructure expansion strategy in India. The acquisition comes amid rising demand for hyperscale data centres driven by cloud computing, digital services and artificial intelligence-related infrastructure requirements.Read more
03 Jun 2026
• Suraj Estate Developers, through its wholly owned subsidiary Iconic Property Developers, has signed an MoU to acquire development rights for a 2,941 sq m land parcel in Mahim (West), Mumbai.
• The acquisition involves a consideration of INR 75 crore and concerns land adjoining the company's ongoing commercial project, Suraj One Business Bay.
• Following amalgamation with the existing development, the parcel is expected to generate an additional saleable carpet area of around 1.50 lakh sq ft.
• The expanded project is estimated to have a gross development value (GDV) of about INR 800 crore, taking the combined GDV of Suraj One Business Bay to more than INR 2,000 crore.
• The transaction is expected to strengthen Suraj Estate's commercial pipeline in South-Central Mumbai and reinforce its presence in the Mahim micro-market.Read more
03 Jun 2026
Hyderabad’s commercial real estate market has recorded a new benchmark after a prime land parcel in Raidurg was auctioned at approximately INR 237 crore per acre, the highest land price recorded in the city to date. The auction, conducted by the Telangana Industrial Infrastructure Corporation (TGIIC), attracted strong interest from developers and investors, reflecting growing demand for premium commercial land in Hyderabad’s technology corridor. The transaction has reinforced Raidurg’s position as one of the country’s most sought-after business districts and highlights the continued momentum in the city’s office-led real estate market.Read more
01 Jun 2026
• Godrej Properties has secured a 23.2-acre residential land parcel in the DMIC Integrated Township, Greater Noida, through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida Ltd.
• The company plans to develop a group housing project on the site with an estimated revenue potential exceeding INR 7,000 crore.
• The acquisition strengthens the developer’s presence in the National Capital Region, particularly in the Greater Noida market.
• The company cited sustained demand for its existing projects in Noida as a key factor behind its continued expansion in the region.
• During FY2025-26, Godrej Properties acquired 18 land parcels with a cumulative revenue potential of approximately INR 42,100 crore.Read more
30 May 2026
The Andhra Pradesh Capital Region Development Authority conducted a Grama Sabha in Mandadam village as part of ongoing land acquisition and land pooling efforts for the development of Amaravati, the state’s proposed capital city. Officials, including senior commissioners and planning authorities, explained that land pooling has been used for infrastructure such as roads and LPS zones, while acquisition notices were issued for farmers not enrolled in the scheme. Authorities also informed that eligible farmers can still opt for the Land Pooling Scheme within the given timeline. Farmers were urged to cooperate as development works progress across capital region villages.Read more
30 May 2026
Farmers who had contributed land for the development of Amaravati received returnable plots through an e-lottery process conducted at the APCRDA office in Rayapudi. Provisional certificates were distributed to beneficiaries under the Land Pooling Scheme and the Negotiated Settlement Policy. A total of 54 plots were allotted to 18 farmers under the LPS, while 155 additional plots were distributed to farmers from multiple villages. Officials said support would be provided for plot identification and registration. The exercise is part of the continuing implementation of the Amaravati capital city development programme and land return commitments made to participating farmers.Read more
Advertisement
30 May 2026
The Andhra Pradesh Capital Region Development Authority (APCRDA) honoured farmer Chintala Sriramamurthy for contributing family-owned land towards the development of Amaravati. Sriramamurthy had pooled around 16.70 acres of land located in Lingayapalem, Sakhamuru and Kondamarajupalem villages for the capital city project. During the recent e-lottery programme held at the APCRDA office in Rayapudi, he was allotted 11 returnable plots. APCRDA Commissioner V. Vijayarama Raju IAS, along with senior officials, presented the provisional allotment certificate to him and felicitated him with a shawl in recognition of his contribution to the capital region development initiative.Read more
30 May 2026
The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a Gram Sabha in Kuragallu as part of the ongoing land acquisition and land pooling activities for the Amaravati capital development project. Senior APCRDA officials informed villagers that farmers whose lands were included in the recent acquisition notification still have an opportunity to join the Land Pooling Scheme (LPS) within the prescribed timeline. Officials also reviewed infrastructure development plans for capital region villages and urged landowners to cooperate with the ongoing works. Farmers who received returnable plots were also asked to complete their registrations at designated local offices.Read more
29 May 2026
• Johnson Lifts has acquired 39 acres near Chennai for INR 125 crore to support future expansion plans.
• The land will be used for manufacturing and operational requirements as demand in the elevator sector grows.
• Officials said the acquisition will help expand capacity and infrastructure.
• The deal adds to rising industrial land transactions around Chennai, which continues attracting manufacturing and engineering investments.Read more
28 May 2026
• Rajasthan State Road Development and Construction Corporation (RSRDC) approved an INR 4,938 crore loan proposal for land acquisition linked to the Kotputli–Kishangarh and Beawar–Bharatpur expressways.
• The approvals were cleared during the corporation’s 131st board meeting chaired by Deputy Chief Minister Diya Kumari in Jaipur.
• RSRDC also approved INR 460 crore for the four-laning of the Nasirabad–Sarwar–Kekri–Deoli road on State Highway-26.
• The board increased repair funding for the Gotan–Bilara–Pundal road project from INR 17 crore to INR 27.87 crore.
• The expressway projects are expected to improve Rajasthan’s highway connectivity, logistics movement and future industrial development.Read more
25 May 2026
The Enforcement Directorate (ED) has arrested Punjab-based real estate developer Ajay Sehgal in a money laundering investigation linked to alleged forged consent letters used to obtain Change of Land Use (CLU) approvals for projects in Mohali. The probe involves projects including Suntec City, La Canela and District 7, with transactions estimated at over INR 200 crore. Authorities alleged that fake signatures and thumb impressions of landowners were used during the approval process. The investigation has also expanded to examine the possible role of officials connected to project clearances and land-use permissions in Punjab’s fast-growing real estate market.Read more
25 May 2026
• White Flower Developers plans to acquire a nearly 6,000 sq metre land parcel in Goa for around INR 65 crore.
• The proposed project is expected to include hospitality and mixed-use development components targeting tourism-driven demand.
• The acquisition reflects growing developer interest in premium coastal real estate and experiential hospitality projects in Goa.
• The development is likely to cater to rising demand for leisure travel, destination events and second-home investments in the state.Read more
24 May 2026
• DoLR and ADB held discussions on strengthening land governance, digital land records and watershed management in India.
• Talks focused on technical assistance, policy support and knowledge sharing to improve land administration systems.
• Government highlighted progress under Digital India Land Records Modernisation Programme (DILRMP), with near-complete digitisation of Records of Rights in several states and Union Territories.
• Around 66% of agricultural land parcels have been assigned Unique Land Parcel Identification Numbers (ULPINs), also known as “Bhu-Aadhaar”.
• Both sides discussed future cooperation in climate resilience, geospatial systems and data-driven land management.Read more
24 May 2026
Growing infrastructure development, urban expansion and increasing regulatory transparency are driving renewed investor interest in land as a long-term wealth creation asset alongside traditional investments such as gold and equities. Industry stakeholders stated that organised plotted developments and improved accessibility to land ownership are attracting both first-time and experienced investors across emerging growth corridors. The discussion around asset allocation has also intensified following Prime Minister Narendra Modi’s recent remarks urging restraint in non-essential gold purchases to help conserve foreign exchange reserves. Real estate and financial sector participants noted that while gold continues to serve as a defensive asset and equities offer higher growth potential, land investments are increasingly being viewed as a relatively stable, inflation-resistant asset class supported by infrastructure-led urbanisation and rising demand in peripheral markets surrounding major cities and Tier II locations.Read more
24 May 2026
The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a Grama Sabha in Krishnayapalem as part of the ongoing land acquisition and infrastructure development process for Amaravati. Officials informed villagers that land acquisition notices were issued after multiple discussions with farmers who had not joined the Land Pooling Scheme (LPS), while also clarifying that eligible landowners still have time to opt for the scheme. The meeting also focused on village infrastructure issues, including drinking water supply and dust pollution caused by construction vehicles. APCRDA said special engineering teams would be formed to improve civic and LPS infrastructure across Capital Region villages.Read more
22 May 2026
• The Centre has introduced a revised framework under NMP 2.0 to streamline transfer and monetisation of surplus public land assets across government departments and CPSEs.
• The framework standardises land valuation, transfer and redevelopment norms while simplifying procedures for identification and monetisation of government land.
• Officials stated that around 3,400 acres of surplus land and nearly 235,000 acres held by CPSEs have been identified for monetisation, infrastructure development and non-tax revenue generation.Read more
Advertisement
