Mumbai News Desk

11 hours ago

• Western Railway (WR) has approached the Ministry of Defence seeking around 48 hectares of defence land in Kandivali to develop a new mega railway terminus aimed at easing congestion at Mumbai Central, Bandra Terminus and other existing stations.
• The proposed terminus is planned to handle long-distance trains originating from and terminating in Mumbai, while improving passenger distribution across the suburban rail network.
• Railway officials have proposed a land exchange, offering an equivalent parcel of railway land to the defence authorities, and discussions between the two sides are currently underway.
• If approved, the project is expected to strengthen Mumbai's railway infrastructure, support future passenger growth and improve connectivity in the city's northern suburbs.Read more

20 Jul 2026

National Real Estate Company KPSC has approved the execution of a memorandum of understanding (MoU) for the sale of two land plots in Abu Dhabi. The proposed transaction has a total purchase consideration of AED 400 million and marks a significant asset monetisation move by the Kuwait-based real estate company. While the company has not disclosed details such as the buyer, the exact location of the land plots or the expected completion timeline, the deal is subject to the execution of the MoU and any required approvals.Read more

20 Jul 2026

Titijaya Land Bhd has received permission from the High Court to proceed with its judicial review application, marking a key development in the ongoing legal matter. The court also extended the interim stay order that had been granted earlier, allowing the existing position to remain until the case progresses further. While the company has not disclosed additional details on the dispute, the latest ruling enables the judicial review to move forward. The matter is expected to continue through the legal process, with further updates likely as the court hears the substantive application.Read more

20 Jul 2026

Mukand Ltd, part of the Bajaj Group, has signed a term sheet to sell nearly nine acres of land in Kalwa, Thane, to AGP DC Infra Private Ltd for approximately INR 506 crore. The transaction marks another significant land monetisation deal in the Mumbai Metropolitan Region, where industrial land parcels continue to attract strong developer interest. The proposed sale is expected to unlock value from Mukand's non-core assets while providing AGP DC Infra with a strategically located development opportunity.Read more

19 Jul 2026

Sime Darby Property Bhd informed Bursa Malaysia that the Shah Alam High Court has delivered a decision related to a land compensation matter involving one of its units. The court recently set aside a MYR 78.6 million award that had been granted under severance and injurious affection claims. The company disclosed that the decision was issued on July 10, 2026. The matter relates to compensation linked to land acquisition proceedings. Sime Darby Property has not yet provided further financial impact details or additional legal steps following the ruling. The company remains one of Malaysia’s major township and property developers.Read more

18 Jul 2026

Umm Al Qura for Development and Construction Company (Masar) has signed reservation agreements to sell three land plots within its Masar Destination project in Makkah for a total value of SAR 441.1 million. The agreements are part of the company's ongoing strategy to attract private investment into the mixed-use development. The reservation agreements will remain valid until November 1, 2026, during which the parties are expected to complete the final sale transactions. The latest deal follows a series of land transactions announced by the company in recent months as development activity at the project continues.Read more

17 Jul 2026

• The Brihanmumbai Municipal Corporation (BMC) has approved the transfer of land occupied by the BEST Undertaking's Dharavi and Kalakilla bus depots for the Dharavi Redevelopment Project after a majority vote in the civic body's general meeting.
• The decision covers an 11.58-acre land parcel and includes the construction of temporary and permanent multi-storey bus depots to ensure continuity of public transport services.
• Opposition corporators objected to the proposal, raising concerns over the transfer of public land and the impact on BEST's operations.
• The approval marks another step in land consolidation for the Adani Group-led Dharavi Redevelopment Project, one of India's largest urban renewal initiatives.Read more

17 Jul 2026

Saudi Real Estate Company (Al Akaria) has announced that the restriction on one of its land plots in North Riyadh has been lifted, allowing the company to move ahead with evaluating development opportunities for the site. The land has a book value of SAR 98.4 million. Following the removal of the restriction, the company said it is assessing the most suitable use for the property in line with its business strategy. The development comes as Saudi Arabia continues to see strong real estate activity driven by large-scale urban and infrastructure projects under Vision 2030.Read more

16 Jul 2026

British Land has reaffirmed its guidance for underlying earnings per share (EPS) of at least 30.5 pence for FY27, supported by continued strong leasing activity across its core portfolio. The company said demand continues to exceed supply at its campuses and retail parks, with new leasing deals being signed at rents above previous levels. It also reported a positive start to the financial year, building on momentum from the previous fiscal year. The update reflects confidence in the company's operational performance and rental growth outlook across its major real estate markets.Read more

16 Jul 2026

China State Construction International Holdings Ltd has announced that its subsidiary, Putian Haiyue, has entered into a joint bidding agreement with China Construction Jiahe for a land parcel. Under the arrangement, the total bid deposit for the site stands at RMB 153.2 million, with Putian Haiyue contributing RMB 122.56 million. The agreement marks another step in the company's land acquisition strategy as it continues to participate in new development opportunities through joint ventures and partnerships.Read more

16 Jul 2026

Delhi Lieutenant Governor Taranjit Singh Sandhu has approved a series of long-pending land allotments to remove hurdles affecting several infrastructure and public welfare projects across the capital. The approvals include land for new Delhi Metro facilities, more than 150 borewells, waste management infrastructure, police stations and public utilities. The decisions are expected to accelerate project execution, improve urban services and strengthen civic infrastructure. The move is also aimed at improving coordination among government agencies and ensuring that land-related issues do not delay essential public projects in Delhi.Read more

Pune News Desk

15 Jul 2026

Actor Ranbir Kapoor has acquired a 25.7-acre land parcel in Mulshi near Pune for INR 16.42 crore, marking another addition to his growing real estate portfolio. The transaction, registered on July 10, 2026, attracted stamp duty and registration charges of over INR 1 crore. Located in the rapidly developing Mulshi region, the purchase follows Kapoor's recent investment in Ayodhya, highlighting sustained interest in premium land acquisitions amid rising demand for second homes and long-term real estate investments.Read more

15 Jul 2026

• The Maharashtra government has suspended 15 Revenue Department officials, including deputy collectors and tehsildars, over alleged irregularities in land record modifications.
• The action follows an official inquiry that identified suspected misuse of legal provisions governing corrections to land records.
• Authorities have ordered departmental proceedings and directed a broader review of similar cases across the state to detect potential irregularities.
• The government has also indicated that amendments to the Maharashtra Land Revenue Code will be considered to strengthen safeguards against future misuse.Read more

15 Jul 2026

• A district court in Maharashtra's Washim has ordered the attachment of an NHAI-operated toll plaza after compensation awarded to landowners in an acquisition case remained unpaid.
• The order follows the National Highways Authority of India's alleged failure to comply with revised compensation directions issued by the competent authority.
• The attachment is intended to facilitate recovery of pending dues owed to affected landowners whose property was acquired for a national highway project.
• The case is being viewed as a significant development in the enforcement of land acquisition compensation orders against public infrastructure agencies.Read more

15 Jul 2026

• The West Bengal government has announced a direct land purchase policy under which it will purchase land directly from willing owners and transfer it to industries, replacing the contentious land acquisition model that triggered disputes in Singur and Nandigram.
• The policy will be accompanied by a single-window clearance mechanism for investment proposals of INR 100 crore and above, aimed at simplifying project approvals and improving the state's ease of doing business.
• The government said the initiative seeks to create a transparent and consent-based framework for industrial land procurement while balancing the interests of landowners and investors.
• Industry associations have welcomed the move, stating that the policy could remove a long-standing hurdle to industrial development and strengthen investor confidence in West Bengal's manufacturing ecosystem.Read more

15 Jul 2026

• Union Road Transport and Highways Minister Nitin Gadkari has said Gujarat's approach to land acquisition could serve as a model for other states undertaking infrastructure projects.
• He credited the state's administrative mechanisms for helping expedite highway development while reducing disputes during land acquisition.
• Gujarat has introduced measures to curb speculative land transactions along proposed highway alignments during the planning stage.
• The minister also reviewed ongoing national highway projects and urged the state to continue accelerating infrastructure development.Read more

15 Jul 2026

The Municipal Corporation of Delhi (MCD) has reaffirmed that the remediation of the Okhla and Bhalswa landfill sites remains on schedule for completion by December 2026, while the Ghazipur landfill is targeted for full clearance by December 2027. Delhi Mayor Pravesh Wahi recently reviewed the progress with Union Home Minister Amit Shah, highlighting advances in biomining, waste processing and land reclamation. The civic body has already reclaimed large portions of the Okhla and Bhalswa sites and plans to convert the recovered land into green spaces and public-use areas once the remediation work is completed.Read more

14 Jul 2026

• The Maharashtra government has constituted a committee to formulate a rehabilitation plan for eligible slum residents living on mangrove land and other environmentally sensitive areas across the state.
• The panel will undertake surveys, identify eligible beneficiaries and prepare a comprehensive rehabilitation strategy within a stipulated timeframe.
• Families that cannot be rehabilitated at their existing locations will be considered for resettlement through government housing agencies such as MHADA, CIDCO and the Slum Rehabilitation Authority (SRA).
• The initiative seeks to balance environmental conservation with rehabilitation of eligible occupants while enabling the restoration and protection of mangrove ecosystems.Read more

14 Jul 2026

• A civil court in Pune has ordered the cancellation of a sale deed executed in the controversial Mundhwa land transaction involving Amadea Enterprises LLP, a firm in which NCP MP Parth Pawar is a partner.
• The order was passed by Joint Civil Judge N R Gajbhiye in a civil suit filed by Sheetal Tejwani, acting as the power-of-attorney holder of the original landowners.
• Tejwani, who is also an accused in the ongoing criminal investigation related to the land deal, sought cancellation of the sale deed, contending that the transaction was invalid.
• The civil court's decision pertains to the validity of the sale deed and is separate from the criminal proceedings, which continue to be investigated by the authorities.Read more

14 Jul 2026

Brazilian agribusiness company SLC Agricola has agreed to acquire approximately 8,900 arable hectares in the state of Mato Grosso for BRL 669 million (USD 130 million). The transaction includes agricultural infrastructure such as silos and a cotton processing facility and forms part of the redistribution of the "Bloco Mato Grosso" farmland portfolio owned by Radar, a subsidiary of Cosan. SLC Agricola already operates part of the land under lease agreements and will continue leasing a portion of the remaining area after the acquisition. The deal is subject to regulatory approvals and is expected to close following the scheduled payment milestones.Read more