REAL ESTATE NEWS

Single women struggle to find rental homes in Chennai

  • ET Realty Residential
  • 14th Feb, 2026

Women renters in Chennai encounter moral scrutiny and broker harassment. Despite market shifts and proptech solutions, many face restrictive rules. Data shows a rise in women seeking rentals, preferring safer, managed communities. These areas command higher rents. Shared living in larger apartments is also becoming popular among women.

RBI plans to allow banks to lend to REITs from July 1; sets 10% exposure cap

  • ET Realty Commercial
  • 14th Feb, 2026

The Reserve Bank of India is proposing new rules for banks lending to Real Estate Investment Trusts. These directions, set to begin in July 2026, include limits on how much banks can lend. Banks will need board approval and REITs must meet certain operational and financial criteria. This move aims to broaden financing options for the real estate sector.

Mega e-auction for commercial plots across Uttar Pradesh

  • ET Realty Commercial
  • 14th Feb, 2026

Uttar Pradesh State Industrial Development Authority is holding a major e-auction for industrial and commercial plots. This initiative aims to accelerate industrial growth across the state. Investors can bid for plots in various locations. The transparent online process offers opportunities for businesses. This move supports the vision of a USD 1 trillion economy for Uttar Pradesh.

Bhubaneswar: Residents accuse developer of encroaching upon common road

  • ET Realty Residential
  • 13th Feb, 2026

Residents of a GGP Colony housing project are accusing their developer of encroaching on common roads for a new project, causing safety hazards. They also claim the developer has occupied common areas within their complex for unauthorized commercial use. Despite multiple complaints and favorable rulings from authorities, residents express deep disappointment over the government's inaction.

Trichy’s luxury flat boom finds ready buyers

  • ET Realty Residential
  • 13th Feb, 2026

Trichy's real estate market is experiencing a boom, with premium flat prices soaring to over Rs 1.5 crore, surpassing some Chennai areas. This surge is attributed to infrastructure development and increased demand for larger, amenity-rich homes. Developers anticipate further growth with upcoming tech parks and hospitals.

DDA issues notice to re-acquire 123 disputed land plots in South Delhi

  • ET Realty Infrastructure
  • 13th Feb, 2026

The Delhi Development Authority (DDA) will re-acquire 123 land parcels in South Delhi villages following Supreme Court directives. This move aims to prevent unsuspecting buyers from purchasing plots embroiled in legal disputes. The DDA has uploaded details of these parcels, originally acquired in the 1980s, on its website and cautions against any transactions.

Bihar government urges Centre to release pending ₹3,000 crore fund under PMAY-Gramin

  • ET Realty Residential
  • 12th Feb, 2026

Bihar is appealing to the Centre for a financial boost of Rs 3,000 crore to support the Pradhan Mantri Awas Yojna Gramin initiative. With a deadline looming on March 31, 2026, the state is eager to ensure that over 12 lakh pucca houses are constructed for beneficiaries who are currently waiting for their first installment.

Experion Developers to invest ₹1,500 crore to develop residential project in Noida

  • ET Realty Residential
  • 12th Feb, 2026

Experion Developers is set to invest ₹1,500 crore in a new residential project named SAATORI in Noida's Sector 151. The project will span five acres and feature three towers, with one dedicated to 4BHK residences. Singapore and Plandscape Bangkok are the architectural and landscape consultants respectively.

Maharashtra cabinet nod to raise ₹6,000 crore loan for Purandar airport land acquisition

  • ET Realty Infrastructure
  • 12th Feb, 2026

The Maharashtra government has approved a Rs 6,000 crore loan to acquire land for the Purandar airport project. A special purpose vehicle, with CIDCO holding the majority stake, will manage the greenfield airport's execution. This project is expected to significantly boost development and connectivity in Pune and western Maharashtra.

Over 30 colonies regularised in Jammu, process now stayed by HC: Jammu & Kashmir CM

  • ET Realty Infrastructure
  • 12th Feb, 2026

The Jammu Development Authority had begun regularizing residential colonies, successfully approving 31. However, this process was later halted by a high court stay. New colonies are planned through self-financing or public-private partnerships. Janipur Housing Colony, established in 1973, required no regularization.

Glada razes unauthorised colony in Ludhiana district’s Sahnewal action

  • ET Realty Infrastructure
  • 12th Feb, 2026

Greater Ludhiana Area Development Authority (Glada) demolished an unauthorized colony in Sahnewal, acting on orders from the housing minister. This aggressive campaign targets fraudulent developers who lure buyers with unapproved plots. Glada will pursue criminal charges and FIRs, emphasizing a zero-tolerance stance against illegal urban sprawl and warning the public about infrastructure risks in unapproved colonies.

Uttar Pradesh budget earmarks ₹750 crore for Noida airport

  • ET Realty Infrastructure
  • 12th Feb, 2026

Of the total allocation, Rs 750 crore has been allocated for the development of the Noida International Airport in Jewar area of Gautam Buddha Nagar district. The first phase of the airport is being developed in public-private partnership mode.

Delhi government clears metro's phase V after centre's nod

  • ET Realty Infrastructure
  • 12th Feb, 2026

Delhi Metro's Phase V(A) is approved, boosting public transport. The project includes a key corridor linking the Central Vista. Three new corridors will connect RK Ashram Marg to Indraprastha, Tughlakabad to Kalindi Kunj, and Aerocity to Indira Gandhi Domestic Terminal-1.

Exotica Housing to invest ₹500 crore to develop Noida project

  • ET Realty Commercial
  • 12th Feb, 2026

Exotica Housing will invest ₹500 crore in its new IT and ITES project, Exotica One32, in Noida's Sector 132. The project spans five acres with two 27-floor towers offering office spaces from 1,000 to 3,000 sq ft. Integrated retail spaces are also part of the development. Phase-I possession is expected by January 2030.

Gujarat: Stalled WTC project to be given to allottees’ body for completion

  • ET Realty Commercial
  • 12th Feb, 2026

Gujarat's chief secretary-led committee will hand over the stalled World Trade Center project in GIFT City to its allottees. This unprecedented move aims to complete Towers B and C after the original promoter's arrest. Allottees are forming associations to fund and manage the construction. The state government will facilitate this process, ensuring buyers get possession of their units.

DevX inks record coworking deal, takes 27-storey Ahmedabad office tower

  • ET Realty Commercial
  • 12th Feb, 2026

Dev Accelerator has secured a massive 27-storey office tower in Ahmedabad. This deal, valued at over Rs 850 crore, is the largest coworking transaction in India. The agreement is structured as a development management deal. The project is currently under construction and will be ready in about 2.5 to three years.

Maharaja of Tehri to sell 3.2 acre Delhi property for ₹1,000 crore

  • ET Realty Residential
  • 11th Feb, 2026

A significant property deal is underway in New Delhi. Maharaja Manujendra Shah of Tehri Garhwal is selling his 3.2-acre Bhagwan Das Road bungalow for around ₹1,000 crore. The buyer is a local entrepreneur from the food and beverage sector. This businessman is also set to acquire Jawaharlal Nehru's former residence for over ₹1,100 crore. Both are high-value assets.

Indiqube Spaces posts net loss of ₹17.06 crore in Q3 FY26

  • ET Realty Commercial
  • 11th Feb, 2026

Indiqube Spaces recorded a net loss of ₹17.06 crore for the quarter ending December 31, 2025. Total income reached ₹411.09 crore. The company saw improved debt to equity ratio and ROCE. Area under management and seat capacity grew significantly.

Nagpur: 55km phase-III to be metro’s longest expansion

  • ET Realty Infrastructure
  • 10th Feb, 2026

Nagpur Metro's ambitious Phase 3 will add 54.5 km, including a significant 25 km stretch along the Inner Ring Road. This expansion, confirmed by Union Minister Nitin Gadkari, aims to boost connectivity across the city and industrial areas. The project will also explore driverless Metro operations, potentially making it India's first fully automated corridor.

Three townships coming up in Himachal Pradesh, says minister

  • ET Realty Infrastructure
  • 10th Feb, 2026

Himachal Pradesh is set to launch ambitious urban development projects, including new townships in Baddi, Morni Hills, and near Kangra airport, to address housing demand and enhance public convenience. The state will also develop 919 residential units near Shimla, with a special quota for award winners. Policy reforms and commercial projects were also approved.

The Leela Palaces takes over Centaur Hotels in Srinagar

  • ET Realty Hospitality
  • 10th Feb, 2026

The Centaur Srinagar, one of the last two Centaur Hotels, has been taken over by The Leela Palaces, Hotels and Resorts for a 60-year lease. Leela is investing Rs 300 crore in a major renovation, aiming to reopen the property with 170 larger rooms and branded houseboats by the end of next year.

UBS picks up entire commercial tower in Pune’s Yerwada in ₹263-crore rental deal

  • ET Realty Commercial
  • 10th Feb, 2026

UBS India has secured an entire commercial building in Pune's Yerwada. The lease agreement with Smartworks Coworking Spaces is valued at over Rs 263 crore. This deal covers a 165,290 sq ft managed office facility. It highlights a growing trend of large companies opting for flexible workspaces.

Sonu Sood lease out commercial space to HDFC Bank for monthly rent of ₹11.75 lakh

  • ET Realty Commercial
  • 10th Feb, 2026

Sonu Sood has signed a nine-year lease agreement with HDFC Bank for a commercial property in Trade Centre BKC, Mumbai. This deal begins with a monthly rental rate of ₹11.75 lakh, set to escalate by 15% every three years. The 2,700 sq ft unit, which Sood acquired in 2012, also offers parking facilities.

Turner International leases 46,000 sq ft workspace from WeWork India in Navi Mumbai

  • ET Realty Commercial
  • 10th Feb, 2026

Turner International India has secured a large managed office space from WeWork India in Navi Mumbai. This new facility will accommodate over 650 employees. WeWork India has expanded its capacity by 20,000 desks in the last year.

Gurugram's Ansal Heights families seek action against builder

  • ET Realty Residential
  • 9th Feb, 2026

Over 300 families in Gurgaon's Ansal Heights have appealed to DTCP, Haryana, after living in their homes for nearly a decade without a mandatory occupancy certificate. The developer promised the OC within six months of fit-out possession in 2015, but residents now face legal vulnerability and safety concerns due to the prolonged delay.

Noida: Builder owes ₹1.8 crore, buyers at Shivalik Homes wait a decade for registry

  • ET Realty Residential
  • 9th Feb, 2026

More than 350 buyers in Surajpur, Greater Noida, face a decade-long wait for property registries. Developer Cosmos Infraestate owes Rs 1.8 crore in lease rent to UPSIDA. This has halted registries and led to punitive actions like sealing unsold flats. Residents face financial and legal hurdles. The developer claims to be resolving the issue with UPSIDA.

Stamp duty collections in Mumbai hit record high in January on larger home deals

  • ET Realty Residential
  • 9th Feb, 2026

Mumbai's property market achieved record stamp duty collections in January. Higher value property sales fueled revenue despite fewer registrations. This indicates strong buyer confidence and a shift towards premium homes. Suburban areas remain the primary hubs for property activity. The market shows resilience with sustained end-user demand.

Plan in motion to develop areas within 500 meters of Nagpur metro corridors

  • ET Realty Infrastructure
  • 9th Feb, 2026

MahaMetro is implementing Land Use Action Plans to transform Nagpur's Metro corridors into high-density, multimodal growth zones. Areas near stations will see increased development density and mixed-use spaces, fostering integrated urban nodes. This initiative aims to create vibrant social ecosystems and enhance livability to attract talent and businesses.

Flexible office companies take the D-street way to grow

  • ET Realty Commercial
  • 9th Feb, 2026

India's flexible office market is set for significant growth, reaching 100 million sq ft by year-end. Listed operators are expected to lead this expansion, contributing nearly half of the market share. Companies like Smartworks, Awfis, WeWork, and Indiqube are expanding their portfolios. Future IPOs will further boost the presence of listed players.

Andhra Pradesh government to develop houses for 177 Velampeta slum families

  • ET Realty Residential
  • 8th Feb, 2026

Andhra Pradesh government will develop houses for 177 families in Visakhapatnam's Velampeta slum. The decision follows a visit by Minister P Narayana, who observed the residents' hardships. The meeting also covered VMRDA master plan development, including fast-tracking seven roads and a tourism circuit.

About 90 hotels in Lucknow don’t have fire safety NOC: Fire department

  • ET Realty Hospitality
  • 8th Feb, 2026

Nearly 90 hotels in Lucknow are operating without mandatory fire safety no-objection certificates (NOCs). Following a recent hotel fire, the fire department is set to begin enforcement action, with compliance checks starting Monday. Hotels failing to meet safety norms face potential sealing, fines, or closure.

FIRs to be filed in Manesar against violators for waste dumping, defunct STPs

  • ET Realty Infrastructure
  • 7th Feb, 2026

Manesar civic body will now register FIRs against societies with closed sewage treatment plants and entities illegally dumping waste or discharging untreated water. Commissioner Pradeep Singh ordered immediate action during inspections, emphasizing a zero-tolerance approach to pollution and public health risks. Joint drives will also target traffic and encroachment issues in industrial areas.

Nexus Select Trust raises ₹7 billion via 10-year sustainability-linked bond

  • ET Realty Retail
  • 4th Feb, 2026

Nexus Select Trust has secured ₹7 billion from a 10-year sustainability-linked bond issuance. The International Finance Corporation is the anchor investor. This issuance will help refinance existing debt, leading to significant interest savings. The bonds are linked to ambitious sustainability targets, including net-zero emissions by 2030.

Nexus Select Trust declares ₹359 crore distribution to unitholders for Q3 FY26

  • ET Realty Retail
  • 2nd Feb, 2026

Nexus Select Trust will distribute Rs 358.60 crore to its unitholders for the quarter ending December 2025. The real estate investment trust reported a consolidated net profit of Rs 139.40 crore for the October-December period. Total income also rose to Rs 691.93 crore.

Villagers protest against construction of resorts, luxury villas in Bittangala

  • ET Realty Hospitality
  • 30th Jan, 2026

Villagers in Bittangala, Virajpet, are protesting a resort and luxury villa project, deeming it illegal and a threat to their landslide-prone community. Environmentalists and activists claim authorities granted permissions in violation of rules and a high court order. They warn of potential destruction and urge local MLAs to intervene.

The Phoenix Mills' profit rises 4% to ₹276 crore in Q3 FY26

  • ET Realty Retail
  • 29th Jan, 2026

Phoenix Mills reported a 4 percent increase in its consolidated net profit for the third quarter of the current fiscal year, reaching Rs 275.79 crore. This marks an improvement from the Rs 264.76 crore profit recorded in the same period last year.

Found three illegal borewells at Lalit hotel, sealed one of them, NDMC tells NGT

  • ET Realty Hospitality
  • 28th Jan, 2026

New Delhi Municipal Council informed the National Green Tribunal about sealing one of three illegal borewells at The Lalit hotel. The hotel has applied for permission for the remaining two, with environmental compensation to be assessed. The tribunal is hearing a plea regarding illegal groundwater extraction by hotels.

Lucknow civic body to bring proposal to hike licence fee for hotels, commercial units

  • ET Realty Hospitality
  • 26th Jan, 2026

The Lucknow Municipal Corporation is set to propose a significant hike in licence fees for hotels, restaurants, nursing homes, and commercial units, with increases potentially reaching five times the current rates. This revision, aimed at enhancing revenue and ensuring compliance, will be presented for approval on January 27 and is slated for enforcement from April 1, 2026.

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.

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.

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.

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.

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.

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.

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