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

11 Aug 2025

Brookfield Asset Management has expanded its footprint in Mumbai, acquiring another floor in Godrej BKC for INR 370.25 crore under the IBC process. Exercising its right of first refusal, Brookfield now controls three contiguous floors-about 250,000 sq ft-along with parking rights and Jet Airways' former board seat for the building. The deal comes amid surging BKC rents, now INR 650-700 per sq ft per month. Brookfield's earlier two floors, bought in 2020, are leased to tenants like World Bank and PayPal. The firm has also secured a prime two-acre plot in BKC, reinforcing its long-term strategy in Mumbai's premium office market.Read more

11 Aug 2025

Prestige Estates Projects Ltd has expanded its land holdings by acquiring 102 acres during the past quarter to develop residential projects in Bengaluru, Hyderabad, Chennai and Mumbai. With an estimated gross development value exceeding INR 20,000 crore, the acquisitions form part of the company's aggressive growth strategy in the housing sector. The firm also posted robust quarterly results, recording higher net profit, revenue and sales bookings, supported by strong demand, especially from a large-scale project in Ghaziabad. Management has provided strong sales guidance for the current fiscal year.Read more

11 Aug 2025

Cowrks, a premium flexible workspace brand owned by Brookfield Properties, has expanded its managed office portfolio to over 1 million sq ft across major cities, including Mumbai and Bengaluru. The company has introduced Enterprise Plus, offering dedicated managed offices with end-to-end design and operational services for enterprises and global capability centres (GCCs). This growth is driven by rising demand for customised, fully managed workspaces in markets such as Delhi-NCR, Chennai, and Hyderabad.Read more

11 Aug 2025

India's largest real estate developer, DLF Ltd, is set to invest INR 23,500 crore towards completing its ongoing residential projects across Delhi-NCR and Mumbai. With a strong liquidity position, including INR 10,429 crore in cash and INR 37,220 crore in customer receivables, the company is well-capitalized for this construction drive. Recent launches like DLF Privana North in Gurugram and a premium project in Mumbai have already seen complete sell-outs, significantly contributing to record-breaking sales bookings. DLF is targeting INR 20,000-22,000 crore in bookings this fiscal, having already crossed INR 11,425 crore in the first quarter.Read more