16 Aug 2025

Signature Global is set to launch projects worth between INR 13,000-14,000 crore in Gurugram, ahead of the festive season. The new developments, which include a 4 million sq. ft. land parcel, are located in Sector 37D near the Dwarka Expressway and Sector 71 near the Southern Peripheral Road (SPR). These projects will feature a mix of residential and commercial spaces, targeting both premium and affordable segments. The company is optimistic about strong demand, driven by Gurugram's infrastructure upgrades and a revival in the National Capital Region's property market.Read more

15 Aug 2025

The Haryana Shahari Vikas Pradhikaran (HSVP) has decided to renovate and allot 1,088 vacant affordable flats in Sector 47, Gurugram, which were constructed in 2010 under the Ashiana Scheme for economically weaker sections (EWS). Initially, these flats remained unallotted for over 15 years due to procedural delays and disputes over eligibility, and HSVP had considered demolishing them to use the land for high-end housing. Following public opposition and a complaint escalated to the Prime Minister's Office, HSVP approved an INR 8 crore renovation plan, with allotments to eligible families scheduled after repairs.Read more

15 Aug 2025

The Delhi Development Authority will roll out a premium housing scheme by the end of August, offering about 250 flats across income categories and a mix of car and scooter garages via e-auction. Locations span prominent neighborhoods like Vasant Kunj, Dwarka, Pitampura, Jasola, Rohini, Jahangirpuri, Nand Nagri, Ashok Vihar, and Shalimar Bagh. Meanwhile, the ongoing Apna Ghar Awaas Yojana, which had been offering thousands of discounted flats across Narela, Loknayakpuram, and Siraspur, is being paused. The scheme also follows recent policy moves aimed at bolstering public trust in DDA's housing initiatives.Read more

15 Aug 2025

Lucknow Development Authority (LDA) commenced work on the Naimish Nagar model township project along Sitapur Road, designed to accommodate around 300,000 residents. The first site office is being set up in Purva village, with land acquisitions progressing under a consent-based policy across eighteen targeted villages. The township will feature residential, commercial, and public amenities while supporting industrial, healthcare, educational, and logistics growth. The initiative is also aimed at improving local infrastructure and creating significant employment opportunities for the region.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

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 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

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

11 Aug 2025

Odisha has achieved a landmark in its urban housing mission by completing about 1.36 lakh PMAY-U houses over the last decade, which accounts for 73 percent of the 1.84 lakh homes sanctioned. Most were built via a beneficiary-led model, while others came under affordable housing projects and slum redevelopment. Beneficiaries received INR 2 lakh aid and essential amenities for their new homes; the mission also offered incentives for timely construction. Affordable housing participants contributed INR 1.5 lakh each. Experts say the scheme is reshaping the urban poor's access to safe and decent housing.Read more