Real Estate News

Lucknow development body to develop luxury flats in Gomtinagar Extension

ET Realty Residential
24th Jan, 2026

Lucknow Development Authority is launching Narmada Apartment in Gomtinagar Extension, offering 300 luxury 3BHK+study flats and 12 penthouses. Registrations open January 24th, with applications exclusively online. The project, priced from Rs 1.4 crore, will feature modern amenities and is expected to be completed in three years.

Nashik: Over 75,000 beneficiaries to get new homes on Republic Day

ET Realty Residential
24th Jan, 2026

Nashik Zilla Parishad has facilitated the construction of over 75,000 homes, with 51,000 under Pradhan Mantri Awas Yojana (Rural) and 24,000 through state schemes. Beneficiaries, including vulnerable sections, will receive keys to their new homes on Republic Day, fulfilling the 'housing for all' dream in rural areas.

Andhra Pradesh government invites bids for phase II of Amaravati master plan

ET Realty Infrastructure
24th Jan, 2026

The state government is accelerating capital city development with phase II, launching a land pooling scheme for 16,000 acres. A master plan, including economic strategies, is being prepared by global consultants to guide land use, infrastructure, and zoning. This phase prioritizes a global sports arena and international airport, ensuring structured expansion and landowner benefits.

Pride Hotels gets Sebi nod to raise ₹1,000 crore via IPO

ET Realty Hospitality
24th Jan, 2026

Pride Hotels has received the green light from Sebi for its upcoming Initial Public Offering, aiming to raise Rs 1,000 crore. This influx of funds will be used to revamp existing hotels, settling debts, and catering to corporate endeavors.

Chronos Properties renews ₹148 crore bank guarantee to stay in race for IL&FS office premise

ET Realty Commercial
24th Jan, 2026

Chronos Properties has renewed Rs 148 crore bank guarantee, ensuring they remain a contender for the IL&FS headquarters located in the Bandra Kurla Complex. Adhering to the guidelines set by the insolvency appellate tribunal, the company has submitted demand drafts to the tribunal registrar, with the renewal being crucial to avoid disqualification.

Mumbai: BMC issues stop work notices to 106 sites for not installing air quality monitoring system

ET Realty Infrastructure
23rd Jan, 2026

The Brihanmumbai Municipal Corporation has issued stop work orders to 106 construction projects for their failure to set up required air quality monitoring systems. This action targets various private and SRA initiatives that do not comply with regulations.

Aarvee Engineering Consultants to draft master plan for Hathras Urban City

ET Realty Infrastructure
23rd Jan, 2026

Yamuna Authority has appointed Aarvee Engineering Consultants to prepare a master plan for Hathras Urban City, a new 4,000-hectare urban center. The plan, to be completed in nine months, will guide the city's growth until 2041, focusing on industrial and residential development, MSME promotion, and infrastructure enhancement.

Haryana regularises 26 colonies, none from Panchkula

ET Realty Infrastructure
23rd Jan, 2026

Haryana government regularized 26 colonies statewide this month, but Panchkula district was notably excluded, despite prior BJP promises. This leaves numerous settlements in Pinjore-Kalka and Panchkula city awaiting regularization, with residents facing poor living conditions and lack of basic amenities.

Gurugram buyers go to cops, say ‘pressured’ to withdraw FIR against CHD Developers

ET Realty Residential
22nd Jan, 2026

Homebuyers of a stalled housing project in Gurugram have approached the Economic Offences Wing (EOW) alleging they are being pressured to withdraw a criminal case. The FIR, filed in 2020, concerns allegations of cheating and conspiracy against CHD Developers Ltd.

Bihar CM sets January 31 deadline for land survey

ET Realty Infrastructure
22nd Jan, 2026

In a proactive move, Bihar's Chief Minister Nitish Kumar has initiated a comprehensive campaign to address the backlog of land measurement requests, aiming for a resolution by January 31, 2026. This step is designed to streamline the process, foster transparency, and minimize land conflicts.

Noida techie died in one, but several construction site pits are death traps in city

ET Realty Infrastructure
22nd Jan, 2026

Deep, unsecured trenches on vacant plots across Noida have become death traps, with a recent incident claiming a software engineer's life. These hazardous excavations, often waterlogged and lacking safety measures, pose a significant risk to commuters, especially during low visibility. Authorities have launched drives to identify and address these dangers.

Haryana takes ‘direct’ land purchase route to speed up Millennium City Centre-Cyber City Metro project

ET Realty Infrastructure
22nd Jan, 2026

Haryana government has introduced a new policy allowing GMRL to directly purchase private land for the Millennium City Centre-Cyber City Metro corridor through negotiated settlements. Landowners will receive compensation as per the RFCTLARR Act, 2013, plus a 25% incentive, with payments made upfront. This aims to expedite project completion and avoid compulsory acquisition.

Bengaluru development body reclaims encroached land worth over ₹700 crore in 14 demolition drives

ET Realty Infrastructure
22nd Jan, 2026

The Bangalore Development Authority (BDA) conducted 14 demolition drives between July and December last year, reclaiming over 25 acres of encroached land valued at more than Rs 704.3 crore. These drives targeted unauthorized structures on land acquired for BDA projects, with significant recoveries in JP Nagar 9th Phase. The reclaimed land will be utilized for future BDA projects or auctioned.

NGT orders probe into ‘illegal resorts, hotels’ in Pilibhit Tiger Reserve

ET Realty Hospitality
22nd Jan, 2026

The National Green Tribunal has formed a committee to investigate alleged illegal construction of resorts and hotels near the Pilibhit Tiger Reserve. This action follows concerns about environmental damage and increased human-wildlife conflict. The committee will inspect sites and report findings to the NGT. The NGT's next hearing is scheduled for April 9.

Ludhiana residents slam commercial rezoning, say city ‘crossing the line’

ET Realty Commercial
22nd Jan, 2026

Ludhiana residents are accusing the municipal corporation of secretly rezoning residential areas into commercial zones, bypassing transparency and public objections. Homeowners in upscale neighborhoods like BRS Nagar and Sarabha Nagar are protesting the move, citing concerns over traffic, infrastructure strain, and a decline in quality of life, while officials remain silent on allegations of procedural misconduct.

ASF Insignia raises ₹1,250 crore capital commitment from Alpha Alternatives

ET Realty Commercial
22nd Jan, 2026

ASF Insignia has landed an investment of around ₹1,250 crore from Alpha Alternatives, earmarked for a state-of-the-art integrated commercial IT office project in Gurugram.

Arkade Developers to invest ₹2,500 crore to develop five residential projects in Mumbai in 2026

ET Realty Residential
21st Jan, 2026

Arkade Developers is set to invest ₹2,500 crore in five new residential projects across the Mumbai Metropolitan Region. These developments are planned for Goregaon, Thane, Borivali, Malad, and Santacruz, commencing in 2026. The combined gross development value is projected to exceed ₹3,700 crore.

Buyer raises safety and compliance worries, seeks Haryana RERA, DTCP help

ET Realty Residential
21st Jan, 2026

A homebuyer has approached state authorities with serious concerns regarding a residential project in Gurugram. Issues include possession-linked conditions, safety infrastructure, and regulatory compliance. The buyer cites pressure tactics and unresolved safety issues. The developer states construction is complete and an occupancy certificate is in principle. Authorities are investigating the complaint.

Property registrations in Hyderabad rise 14% in December 2025

ET Realty Residential
21st Jan, 2026

Hyderabad's housing market experienced a strong finish to 2025. December saw a significant 14% rise in home registrations compared to the previous year. While full-year volumes were slightly down, the total value of properties registered increased. Higher-value homes, especially those above ₹1 crore, showed robust growth.

Mahalunge-Maan town scheme still awaits final nod: PMRDA

ET Realty Infrastructure
21st Jan, 2026

The Mahalunge-Maan town planning scheme, a flagship project approved in principle seven years ago, awaits final clearance from the state Urban Development Department. Delays stem from multiple approvals, technical hurdles including flood line modifications, and the current election code of conduct. This scheme is crucial for funding the PMRDA Inner Ring Road.

Over 660 construction sites yet to install air quality monitors, BMC tells Bombay HC

ET Realty Infrastructure
21st Jan, 2026

The BMC informed the Bombay High Court that 662 out of 1,954 construction sites lack sensor-based air quality monitors. The civic body issued hundreds of showcause and stop-work notices for non-compliance with pollution mitigation guidelines. Despite these issues, the BMC claims Mumbai's AQI remained in the moderate range between December 29 and January 15.

Logitech Electronics India leases office space at BKC for about ₹4 crore

ET Realty Commercial
21st Jan, 2026

Logitech Electronics India has secured a new office space in Mumbai's Bandra Kurla Complex. The company will occupy Unit 407 in the Trade Centre building. The total rental outgo for this period is approximately ₹4 crore. The annual rent will see a 5% escalation.

Labdhi Lifestyle to invest ₹700 crore to develop commercial project in BKC, Mumbai

ET Realty Commercial
21st Jan, 2026

Labdhi Lifestyle's project has a gross development value (GDV) of over ₹1,000 crore and will offer 2.25 lakh sq ft of carpet area.

Lucknow: Lottery for Anantnangar scheme on January 30

ET Realty Residential
20th Jan, 2026

The Lucknow Development Authority's Anant Nagar housing scheme's plot lottery is scheduled for January 30-31 at Indira Gandhi Pratishthan. The third phase attracted 7,429 applicants for 637 plots across five size categories, with applications invited for plots in Akash Khand and Adarsh Khand.

Which law applies in DLF phases 1 to 5? DTCP meets Gurugram residents on jurisdiction

ET Realty Residential
20th Jan, 2026

A public hearing was held in Gurugram regarding the applicable law for DLF 1 to 5. The Department of Town and Country Planning stated that violations fall under the Haryana Development and Regulation of Urban Areas Act, 1975. This confirms the department's legal authority for enforcement actions.

YEIDA to launch residential plots near Noida International airport

ET Realty Residential
20th Jan, 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) is launching a new residential plot scheme near the upcoming Noida International Airport in January. Offering 973 plots in various sizes across Sectors 15C, 18, and 24A, the scheme reserves a portion for farmers and industrialists. Successful applicants will be chosen via a lucky draw after depositing 10% of the plot cost.

India Accelerator–IREP partnership to invest ₹100 crore in managed workspaces across NCR

ET Realty Commercial
20th Jan, 2026

International Real Estate Partners and India Accelerator are launching a new managed office platform called IREPworkspaces. They plan to invest ₹100 crore over 18 months. The venture aims to create nearly nine lakh square feet of workspace across key areas in the National Capital Region.

In Gurugram, buyers protest delay in handover of flats, call for government intervention

ET Realty Residential
19th Jan, 2026

Homebuyers in Gurugram are urging authorities to intervene as construction of the Aashiyara project in Sector 37C remains significantly delayed. Despite full payments made in 2018, buyers are still awaiting possession years later, facing financial strain from servicing loans and paying rent. The project's completion timeline has repeatedly shifted, with work reportedly stalled for the past year.

GCCs account for 45% of office absorption in 2025: Report

ET Realty Commercial
19th Jan, 2026

In 2025, Global Capability Centres significantly transformed India's office landscape, driving 45% of all leasing activity. This surge led to a staggering 78.2 million square feet in total office absorption. Alongside this boom, new office supply hit unprecedented levels, with vacancy rates dropping notably across major cities.

Thiruvananthapuram: Construction work on QUAD project in Technopark Phase IV commences

ET Realty Commercial
19th Jan, 2026

Construction has begun on the QUAD project, a 30-acre integrated IT township in Technopark Phase-IV. The first phase includes an 8 lakh sq ft IT building, expected to create 26,000 jobs. This development aims to foster a live-work-play ecosystem and attract top tech firms to Thiruvananthapuram.

Hidco to e-auction two commercial plots in New Town, Kolkata

ET Realty Commercial
19th Jan, 2026

Hidco will e-auction two large commercial plots in New Town's central business district next month. One plot spans 10 acres, and the other is 3.9 acres. Both will be sold on a freehold basis. Bids are now open for eligible corporate bodies. Construction must commence within one year of possession. This presents a significant opportunity for business expansion.

Homestay benefits in Uttarakhand reserved for locals after misuse of scheme flagged

ET Realty Hospitality
17th Jan, 2026

Uttarakhand's cabinet has decided to restrict homestay scheme benefits exclusively to state residents to promote local investment and revenue. This move aims to prevent non-residents from availing subsidies and ensure the scheme's original purpose of strengthening hill economies is met. The state will now focus on ensuring benefits reach deserving locals, fostering authentic cultural experiences for visitors.

Smartworks Coworking posts profit of ₹1.24 crore in Q3 FY26

ET Realty Commercial
16th Jan, 2026

Smartworks Coworking Spaces Ltd achieved a net profit of Rs 1.24 crore in the third quarter of this fiscal year. This marks a strong turnaround from a net loss in the same period last year. Total income saw a rise of 34 percent.

Unity Mall project not in wetland zone, has all clearances: Goa goverment

ET Realty Retail
14th Jan, 2026

In an encouraging update for the Unity Mall project in Chimbel, Goa’s government has confirmed that it is moving forward with all necessary approvals. Tourism Minister Rohan Khaunte reassured legislators that the project site is clear of any designated wetland conservation zones.

Omaxe to invest ₹500 crore to develop mixed-use Omaxe Chowk project in Ludhiana

ET Realty Retail
13th Jan, 2026

Omaxe is investing ₹500 crore in Omaxe Chowk, a new mixed-use project in Ludhiana. This development will offer convenient walk-to-shop options. The project is set to be delivered by June 2030.

Delhi: ITC Hotels gets land allotment on lease basis at Yashobhoomi in Dwarka

ET Realty Hospitality
10th Jan, 2026

ITC Hotels will develop a new five-star hotel at Yashobhoomi in Dwarka. The company has leased land for 91 years and will pay a premium of Rs 326.50 crore. This new property will offer hospitality and banqueting facilities.

Lemon Tree rejigs group structure; Warburg Pincus to invest up to ₹960 crore in Fleur Hotels

ET Realty Hospitality
10th Jan, 2026

Lemon Tree Hotels is restructuring into two focused businesses. One will manage hotels, the other will own and develop them. Warburg Pincus is investing significantly in the ownership arm, Fleur Hotels. Fleur Hotels will be listed separately. The entire process is expected to conclude within 12 to 15 months.

Chimbel villagers harden stance against Unity Mall, to continue protest till govt scraps project

ET Realty Retail
5th Jan, 2026

Chimbel villagers are intensifying their agitation against the Unity Mall and Prashaasan Stambh projects, vowing to continue their hunger strike until the government scraps them. Political leaders and activists have voiced strong opposition, alleging corruption and environmental degradation, and urging the public to resist the projects.

Retail leasing to hit nine million sq ft in 2025 on mall-led recovery: Cushman & Wakefield

ET Realty Retail
31st Dec, 2025

India’s retail real estate market is set to record its highest post-pandemic leasing at about nine million sq ft in 2025, driven by a strong year-end surge as new Grade A mall supply becomes operational. Improved availability of quality space has unlocked pent-up demand, while a robust supply pipeline is expected to push retail leasing further in 2026.

India’s retail real estate to attract $3.5 billion investments over next three years

ET Realty Retail
30th Dec, 2025

The future of India's retail real estate looks promising, with an estimated $3.5 billion in investments expected in the coming three years. As challenges mount for shopping centers in the West, international investors are turning their eyes to India.

Adani Group looks to build one of India’s largest hotel portfolios

ET Realty Hospitality
20th Dec, 2025

Gautam Adani's conglomerate is making a significant foray into hospitality, planning over 60 hotels across its airports and real estate. This ambitious move aims to diversify revenue streams beyond aeronautical income, positioning Adani Group as a major competitor to established players like Taj and ITC Hotels. Navi Mumbai is set to be a key development hub for these new ventures.

Bright Star Hotels served show-cause notice for violating building norms in Gurugram

ET Realty Hospitality
17th Dec, 2025

Bright Star Hotels faces serious allegations of violating urban development norms. The district town planner has issued a show-cause notice for allegedly subdividing a hotel-cum-commercial complex into multiple units and selling them without a mandatory license. The hotel could face demolition, sealing, or an FIR if violations are not explained.

Rates slashed, Chandigarh civic body begins process to rent out vacant shops

ET Realty Retail
15th Dec, 2025

The Municipal Corporation has reduced rents by 25% on hundreds of commercial properties to fill prolonged vacancies. This decision follows multiple failed auction attempts for various sites, including shops, booths, and kiosks. The move aims to generate revenue and reduce maintenance costs for the civic body.

Case filed in alleged resort land investment fraud in Udupi

ET Realty Hospitality
15th Dec, 2025

A Kerala-based transport professional and his associates were allegedly defrauded of several lakhs of rupees by individuals promising land for a resort development along the Udupi coast. The complainants were persuaded to invest in a venture, with payments made to various accounts and individuals before the deal soured and threats were allegedly issued.

Pride Hotels targets IPO by March 2026 to fund renovations

ET Realty Hospitality
14th Dec, 2025

Pride Hotels is gearing up for an IPO scheduled for March 2026, fueling its ambition to revamp its existing properties while also focusing on debt reduction. This strategic move aligns with its plan to broaden its reach by launching new hotels in key business areas, popular leisure destinations, and spiritual hubs.

Six restaurants sealed for operating without BU approval in Ahmedabad

ET Realty Retail
13th Dec, 2025

Ahmedabad Municipal Corporation is cracking down on illegal establishments, sealing six restaurants and cafes in the West Zone for operating without Building Use permission and Fire NOC. Popular eateries in Gota, Thaltej, and Bodakdev were among those shut down. The AMC also fined two construction sites for safety violations, emphasizing its commitment to enforcing regulations.

Chalet Hotels acquires resort property in Udaipur for ₹171 crore

ET Realty Hospitality
12th Dec, 2025

Chalet Hotels is set to acquire a 150-room resort in Udaipur for ₹171 crore, pending due diligence. The company also announced leadership changes, appointing Shwetank Singh as MD & CEO and Dr. Sanjay Sethi as a Non-Independent Non-Executive Director, both effective February 1, 2026.

Ghost malls across 32 cities offer ₹357 crore annual rental potential: Report

ET Realty Retail
10th Dec, 2025

A striking report highlights that there are 74 ghost malls scattered across India, with 15 of them having the potential to generate a whopping ₹357 crore annually if they undergo revitalization. The highest rental returns can be found in Tier-1 cities, making these areas prime real estate havens.

Nexus Select Trust evaluating three mall acquisitions in eastern India

ET Realty Retail
6th Dec, 2025

Nexus Select Trust is exploring the acquisition of three malls in eastern India. The REIT is dedicating upwards of Rs 10 crore to transform South City Mall, with an emphasis on modernizing infrastructure and leveraging the latest technology.

Nexus Select Trust buys 60,000 sq ft retail space in Elante Chandigarh for ₹253.7 crore

ET Realty Retail
5th Dec, 2025

Nexus Select Trust has bought 60,000 sq ft of retail space in Nexus Elante, Chandigarh. The acquisition cost ₹253.7 crore. This expansion will meet strong tenant demand. The new space is expected to boost income. This move aims to improve the mall's overall performance.

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