5 hours ago

• The Maharashtra government has formally taken ownership of Mumbai’s iconic Air India Building at Nariman Point through a completed acquisition worth INR 1,601 crore.
• The transaction involves the transfer of the 23-storey sea-facing commercial structure from Air India Assets Holding Limited to the state government.
• The acquisition is aimed at addressing the state’s office space constraints by consolidating multiple government departments under one centrally located facility.
• The move follows approvals from the Centre and the state cabinet, with funds already transferred and agreement formalities completed in early June 2026.Read more

29 May 2026

Grovy India Ltd has announced the acquisition of a premium luxury residential project in Defence Colony, New Delhi, strengthening its presence in the capital’s high-end housing segment. The company disclosed the development in a regulatory filing during the past week. Defence Colony remains one of Delhi’s established upscale residential markets, known for limited land availability and strong demand for luxury housing. The acquisition comes at a time when developers are increasingly focusing on premium and redevelopment-led projects in prime urban locations across Delhi-NCR amid steady demand from affluent buyers and investors.Read more

Priyanka Vig

28 May 2026

A fire broke out in a second-floor apartment at Lokhandwala Lands End, a residential building in Andheri West, on Wednesday evening, prompting the evacuation of residents from the premises. Three fire engines and two ambulances were deployed, with emergency teams reaching the spot from Andheri East and bringing the situation under control within nearly 30 minutes. While some residents were moved to the terrace, others were evacuated outside the building safely. Officials suspect the fire may have originated from an air-conditioning unit, though the exact cause is still under investigation.Read more

22 May 2026

Tariq Premji, son of Azim Premji, has acquired a luxury penthouse in Whitefield, Bengaluru, for INR 45.71 crore, according to property registration documents cited in multiple media reports. The apartment is located in the 27 Summit residential project developed by Sterling Urban Developments Pvt. Ltd. and has a super built-up area of around 7,000 sq ft with five car parking spaces. The transaction was registered earlier this month, with stamp duty and registration charges of about INR 2.74 crore, adding to a series of high-value residential deals in Bengaluru’s premium housing market.Read more

18 May 2026

• Ranbir Kapoor has acquired a land parcel worth approximately INR 3.31 crore at The Sarayu, a plotted development project in Ayodhya by The House of Abhinandan Lodha.
• The acquired parcel measures 2,134 sq ft and forms part of the 75-acre riverfront development located along the banks of the Sarayu river.
• The project includes residential plots, a clubhouse, lifestyle amenities and a luxury hospitality component to be managed by The Leela.
• HoABL stated that growing investor interest in Ayodhya is being supported by increased tourism and religious infrastructure development linked to the Ram temple project.
• Government estimates cited by the company showed Ayodhya receiving approximately 23 crore visitors between January and June 2025, compared to nearly 5.75 crore visitors before the construction of the Ram temple.Read more

Balaji Rao

16 May 2026

India's data centre boom is currently being headlined by the world's largest technology companies, but it may ultimately be won by real estate developers. The reason is simple: in a sector where access to land, robust industry networks and local expertise determine outcome, decades of building townships and IT parks turn out to be surprisingly good preparation.Read more

Neha Mahendra

15 May 2026

India needs to roughly triple its data centre capacity just to match China — and the capital, estimated at USD 20–25 billion over the next decade, has to land somewhere. Behind every gigawatt of compute is land, power, and connectivity, making this deficit one of the most consequential infrastructure stories in Indian real estate today.Read more

Mumbai News Desk

08 Apr 2026

Shreya Ghoshal and her parents have purchased a premium apartment in Mumbai's Worli for INR 29.70 crore. The unit is located in the Godrej Trilogy project and offers a carpet area of around 2,430 sq ft along with three parking spaces. The deal was registered recently and involved a stamp duty payment of about INR 1.78 crore. The transaction reflects steady demand for luxury housing in Worli, which continues to attract high-net-worth buyers due to its central location and connectivity.Read more

Mumbai News Desk

02 Apr 2026

Malaika Arora has rented out her apartment in Bandra West, Mumbai, for a total lease value of around INR 1.17 crore over a three-year period. The agreement starts at a monthly rent of about INR 3.10 lakh, with structured increases during the tenure. The deal was registered recently, as per official property documents accessed through the registration portal. The transaction reflects steady demand for premium rental homes in key Mumbai locations and highlights how high-value residential assets are being used to generate consistent rental income.Read more

Delhi News Desk

02 Apr 2026

Fair Exports (India) Pvt Ltd, part of Lulu Group International, has purchased a premium bungalow in Delhi's Sunder Nagar for INR 89.5 crore. The deal involved a stamp duty payment of INR 6.26 crore and reflects steady demand for ultra-luxury homes in Lutyens Delhi. The seller was based overseas, which slightly delayed documentation. The locality has seen several high-value deals in recent years, including transactions above INR 100 crore. Demand from high-net-worth individuals continues, supported by both investment potential and end-use requirements.Read more