14 Aug 2025
Greater Noida's development authority has recently begun granting partial occupancy certificates to developers who have cleared a quarter of their pending dues under the state's rehabilitation policy. This initiative enables builders to hand over the completed portion of units, giving hope to home buyers long held back by registry delays. The move stems from earlier committee recommendations and seeks to unlock stalled registrations. While buyers await further clearances, supportive policies from state and central levels continue to shape the revival of unfinished real estate projects in Greater Noida.Read more
14 Aug 2025
Local self-government department granted technical approval for the Thanal Housing Project in Thiruvananthapuram, bringing relief to 99 families, many of whom are differently abled. With revised cost estimates based on the 2024 Schedule of Rates, the Uralungal Labour Contract Co-operative Society is ready to commence constructing a two-storey, 136-unit residential complex spanning two acres. Groundwork has already been completed, and the project is expected to finish within 18 months once construction begins.Read more
14 Aug 2025
The administration of Andaman and Nicobar Islands is on the verge of releasing a new regulation that would allow individual registration of flats, regardless of the number of units in a building. Until now, buildings with fewer than eight apartments had to form housing cooperative societies, complicating documentation and hindering access to bank loans. The draft regulation, developed in consultation with key stakeholders, aims to remove these hurdles by enabling straightforward flat-level registration and easier financing.Read more
14 Aug 2025
Indore Development Authority approved an integrated plan to construct high-rise housing under the Pradhan Mantri Awas Yojana Urban 2.0 for families displaced by the MR-10 corridor expansion. Alongside this, the board cleared several large-scale infrastructure works including a Rail Over Bridge, power line relocations, and a new link road equipped with street lighting. These projects are aimed at improving road connectivity, easing utility constraints, and supporting the city's growing residential demand.Read more
14 Aug 2025
A consumer commission in Mumbai has directed a developer to repurchase a flat sold over two decades ago, citing the absence of a mandatory completion certificate. The buyer, who had purchased the property in the early 2000s, raised the issue after the building failed to obtain the necessary approval. The commission ruled that the developer must compensate the buyer by repurchasing the flat at its current market value, alongside interest and additional costs for the prolonged inconvenience caused.Read more
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13 Aug 2025
The Karnataka Real Estate Regulatory Authority (K-RERA) has ruled that both builders and landowners in joint development projects must share the responsibility of providing basic civic amenities. The decision came after residents of a Bengaluru housing project complained about the lack of water and sewerage connections, despite paying all charges. The order states that both parties must also hand over key project documents to the residents' association. The move sets an important precedent for joint projects across Karnataka, making sure homebuyers are not left without essential services.Read more
13 Aug 2025
CapitaLand Investment Ltd is set to pour a significant investment into Maharashtra, aiming to allocate more than INR 19,200 crore across key markets like Mumbai and Pune by 2030. This aligns with its India-wide growth ambition to nearly double funds under management to SGD 15 billion by 2028. The announcement coincided with the opening of its first data centre in Navi Mumbai. The firm, active in the state since 2013, has already invested over INR 6,800 crore across diverse assets and operates through multiple platforms including a listed trust, private funds, and Ascendas-Firstspace targeting infrastructure, digital hubs, and logistics.Read more
13 Aug 2025
The Visakhapatnam Metropolitan Region Development Authority initiated plans to develop four theme-based, self-sustaining townships covering about 500 acres. Each will focus on sectors such as IT and innovation, health and wellness, education and knowledge, or tourism and culture. Located near industrial hubs, the developments are aimed at encouraging a walk-to-work culture. A transaction advisor will be appointed to assess feasibility, structure funding models, and oversee the bidding process. The initiative is expected to generate major employment opportunities and attract significant domestic and international investments.Read more
13 Aug 2025
The Delhi Development Authority's first transit-oriented project at Karkardooma is set for completion by late next year, with structural work nearly done and finishing, landscaping, and clearances in progress. The scheme will offer about 500 EWS homes and 1,000 middle-income flats, alongside 30% green space, a multipurpose field, gym, and gardens. Bookings will open only after all services are operational. Built with precast AAC blocks, the project integrates housing with direct metro access via elevated walkways to cut private vehicle use. Originating from a 2015 DDA-NBCC pact, it aims to model eco-friendly, commuter-centric urban growth in Delhi.Read more
13 Aug 2025
In Assam's Golaghat district, forest officials cleared over 300 bighas of encroached land in the Doyang Reserve Forest, demolishing 146 unauthorised houses and displacing more than 200 residents. The eviction followed repeated notices and a court battle in which a division bench granted residents two weeks to prove legal land ownership or vacate. While 59 houses were temporarily spared pending hearings, demolition proceeded for others without documentation. Authorities plan to restore the cleared land ecologically, but community groups argue many residents have lived there for decades and deserve resettlement rights. The case underscores tensions between conservation efforts and human settlement needs.Read more
13 Aug 2025
The Pune Municipal Corporation has now made it mandatory to display project names residential or commercial in Marathi. This directive came after a strong push from the Maharashtra Navnirman Sena, which had earlier flagged widespread non-compliance. The municipal commissioner issued a circular enforcing this rule across both ongoing and new projects, aligning with the state's Marathi language policy. Civic officials will be inspecting sites to ensure full compliance. With building approvals having tripled over recent years, this move seeks to balance rapid urban growth with cultural preservation. Builders must now comply or risk delays in project certifications.Read more
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12 Aug 2025
The promoter family of Blue Jet Healthcare has purchased three luxury apartments, including a duplex penthouse, in Worli, Mumbai, for a total of over INR 202 crore. The deal, which was registered on August 9, 2025, involved a total carpet area of 11,540 square feet in the Four Seasons Private Residences. This high-value transaction reinforces Mumbai's position as a prime market for real estate investment and ownership, especially among wealthy buyers and corporate executives looking for exclusive homes.Read more
12 Aug 2025
After years of setbacks, the BSUP rehabilitation plan for Karimadom Colony has received the technical go-ahead, offering real relief to 105 long-waiting families. All essential details, designs, costs at INR 21 lakh per unit, and execution timelines are now finalized. Costford will lead construction, which is slated to commence soon on the cleared site and conclude within a year. What had become a symbol of civic dysfunction and election-driven policy shifts now stands at the cusp of tangible progress. Residents finally have a clear pathway to the homes they were promised long ago.Read more
12 Aug 2025
A Consumer Court has ruled that the Ghaziabad Development Authority must officially register a flat that was booked more than thirty years ago after full payment and possession were already in place. The authority's repeated demands for additional payments have now been annulled, and a small compensation awarded for the distress caused. The judgment draws strength from a well-known Supreme Court precedent and illustrates how persistent follow-ups over decades finally brought resolution.Read more
12 Aug 2025
The Brihanmumbai Electric Supply & Transport (BEST) Undertaking recently floated a tender seeking corporate bids to lease its 35 upscale staff apartments on Altamount Road for a three-decade term, starting at a base price of INR 263 crore. Located beside Mukesh Ambani's Antilia, a few units are currently occupied by senior BEST officials, though most remain vacant. The tender stipulates residential-only use, forbids subletting, and places maintenance, repairs and potential redevelopment (if approved by BMC) on the lessee. This move comes as BEST battles mounting cumulative losses nearing INR 9,500 crore while eyeing earlier land leasing plans and fare hikes to shore up finances.Read more
12 Aug 2025