Real Estate News

Karnataka relaxes occupancy certificate rule for houses on 30x40 plots in rural areas

ET Realty Residential
1st Jan, 2026

Farmhouse and new property owners in rural Karnataka now have a significant reprieve. The government has exempted certain residential buildings, specifically those on 30x40 sqft plots and up to G+2 or Stilt+3 floors under gram panchayat limits, from obtaining occupancy certificates. This move aims to reduce administrative burden and expedite essential service connections.

Karnataka Housing Board warns public against illegal site sales in Bengaluru

ET Realty Residential
1st Jan, 2026

The Karnataka Housing Board has issued a clear caution regarding site purchases in Suryanagar Phase-4. Acquiring plots through selection letters is considered illegal. These letters are strictly designated for landowners and do not convey any rights for transfer.

Registration of properties in Mumbai during 2025 rises 6% to 1.5 lakh units

ET Realty Residential
1st Jan, 2026

In 2025, Mumbai's housing sector experienced a remarkable revival, marking its most vibrant year in over a decade. Property registrations soared past the 150,000 mark, offering a dramatic leap from the previous year.

Maharashtra CM urged to withdraw MOFA changes, restore buyers’ rights

ET Realty Residential
1st Jan, 2026

Consumer body Akhil Bharatiya Grahak Panchayat has urged Maharashtra CM Devendra Fadnavis to withdraw recent amendments to the MOFA Act, calling them unjust and anti-consumer. The changes effectively grant legal immunity to builders by removing criminal liability for violations, undermining the Act's purpose of protecting flat purchasers.

Beed tops Maharashtra in rural housing drive as more than 50,000 families move into new homes

ET Realty Residential
1st Jan, 2026

Beed district has achieved the top spot in Maharashtra for its rural housing scheme implementation, with over 50,000 families moving into new homes. The district's success is attributed to meticulous planning, daily monitoring, and overcoming challenges like water scarcity and material constraints, ensuring timely completion of thousands of houses.

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.

Home registrations in Hyderabad jump 25% in November 2025: Knight Frank

ET Realty Residential
31st Dec, 2025

In November 2025, Hyderabad's residential property registrations experienced a 25% year-on-year increase, marking the year’s peak in monthly activity. The transaction value saw an impressive 40% uptick, largely fueled by a robust interest in luxury properties.

Pune records over 14,000 property registrations in November 2025

ET Realty Residential
31st Dec, 2025

Pune's property market saw a significant rise in November 2025. Residential registrations increased by 6 percent year-on-year. Stamp duty collections also grew by 19 percent. Homes up to one crore rupees continue to dominate.

Premium home prices rise up to 36% across cities in 2025, led by under-construction projects: Report

ET Realty Residential
31st Dec, 2025

In 2025, the luxury real estate sector in India thrived, witnessing remarkable price surges particularly in urban centers. This upward trend was driven by a wave of fresh developments and enhanced connectivity initiatives. Additionally, the upswing in rental rates mirrored the purchase price boom.

Lower home loan rates improve housing affordability across most cities in 2025: Knight Frank

ET Realty Residential
31st Dec, 2025

Home loan interest rates are falling, making homes more affordable across India in 2025. Ahmedabad, Pune, and Kolkata lead as the most affordable cities. Mumbai also sees improved affordability, breaking a key stress threshold.

Residential sales growth to remain steady at 10-12% over next two fiscals: ICRA

ET Realty Residential
31st Dec, 2025

Residential real estate developers are eyeing a promising outlook with anticipated sales growth between 10-12% for this and the following financial year. The driving forces behind this optimism include decreased interest rates paired with improved housing affordability.

Lucknow development body razes 12 illegal sites in Gudamba and Kakori

ET Realty Infrastructure
31st Dec, 2025

Lucknow Development Authority (LDA) demolished 12 construction sites across 43.75 acres in illegal colonies in Gudamba and Kakori. Enforcement teams targeted boundary walls and site offices in Kapasi village, Gudamba, and eight plots in Jaliyamau, Kathingra, Fatehganj, and Nathora villages, Kakori. The LDA continues its crackdown on unauthorized development.

Bagmane Prime Office REIT files draft papers for ₹4,000 crore IPO

ET Realty Commercial
31st Dec, 2025

Bagmane Prime Office REIT is set to embark on an Initial Public Offering aiming to raise as much as ₹4,000 crore. The proceeds will be directed towards acquiring prime office assets and investing in a stake of another burgeoning business park.

Delhi-NCR office occupancy to cross 80% by FY27: ICRA

ET Realty Commercial
31st Dec, 2025

The office landscape in Delhi NCR is experiencing a robust transformation, with occupancy rates anticipated to surge dramatically by March 2027. The IT and consulting industries are fueling a leasing boom, while pre-leasing activity hints at sustained vigor despite new developments.

India office leasing holds steady at 75.2 million sq ft in 2025: Report

ET Realty Commercial
31st Dec, 2025

The year-end of 2025 saw India's office market thriving, achieving a remarkable 75.2 million sq ft in gross leasing amongst six major urban centers. Leading the charge were Bengaluru, Delhi-NCR, and Mumbai, spurred on by a wave of international firms and enhanced global capabilities.

Flexible workspace stock to cross 100 million sq ft by 2027: Report

ET Realty Commercial
31st Dec, 2025

The flexible workspace landscape in India is set to flourish, with expectations that total office space will surpass 100 million sq ft by 2027. The growth trajectory is largely influenced by enterprise and GCC demands. Leading the charge are Bengaluru and Delhi-NCR, followed closely by Pune's robust market share.

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.

Gurugram high-rises advised to install smog guns to cut dust pollution

ET Realty Infrastructure
30th Dec, 2025

Gurugram's air quality remains in the very poor bracket, prompting the Haryana State Pollution Control Board to advise residential and commercial projects to install smog guns or water-sprinkling systems. Over 180 projects received the advisory, which suggests using treated water and operating systems during critical AQI levels and low wind speeds.

Gujarat to set up Indian AI Research Organisation at GIFT City

ET Realty Infrastructure
30th Dec, 2025

Gujarat Chief Minister Bhupendra Patel has approved the Indian AI Research Organisation. This facility will be established through a partnership between the state and central governments, and the Indian Pharmaceutical Alliance. The IAIRO aims to strengthen AI research and development.

Goa: Three lakh sq meter of private forest turned into settlement at Arambol

ET Realty Infrastructure
30th Dec, 2025

Arambol residents are protesting the conversion of a 3 lakh sqm private forest hill into settlement land, fearing landslides and water scarcity. Despite assurances from the Chief Minister and local MLA, a notification was issued this month, sparking outrage over potential luxury developments and the destruction of local wildlife habitats and cultural sites.

Office vacancy levels likely to hit historic lows by FY27 as demand outpaces supply: ICRA

ET Realty Commercial
30th Dec, 2025

India's office landscape is on the brink of a transformation. By FY2027, vacancy rates are anticipated to plunge to their lowest levels in several years. The demand for leasing is outpacing new developments, fueled by the rise of global capability centers, flexible workspace providers, and the booming BFSI industry.

REIT market in India crosses ₹2.3 lakh crore in asset value

ET Realty Commercial
30th Dec, 2025

India’s REIT market has grown into a mainstream asset class, with asset value of about ₹2.3 lakh crore and market capitalisation of nearly ₹1.66 lakh crore, surpassing Hong Kong. Supported by high occupancies, stable yields and strong returns, the sector is set for further growth as Sebi’s equity reclassification from 2026 is expected to broaden investor participation.

India’s office leasing crosses 70 million sq ft in 2025: Colliers

ET Realty Commercial
30th Dec, 2025

India's office market saw record leasing in 2025, surpassing 70 million sq ft. Bengaluru led demand, with strong contributions from Delhi NCR and Hyderabad. New office supply increased, but demand outpaced it, leading to lower vacancy and higher rentals.

Guntur civic body adopts resolution to merge 18 villages ahead of boundary freeze deadline

ET Realty Infrastructure
29th Dec, 2025

Guntur Municipal Corporation hastily passed a resolution to merge 18 villages ahead of a central deadline, adding seven villages due to legislative pressure. While aiming for million-plus city status, the process faces delays due to upcoming elections and the need for fresh approvals, raising concerns about political maneuvering.

Net office leasing hits 55 million sq ft in 2025 across top cities: Anarock

ET Realty Commercial
29th Dec, 2025

In 2025, Indian office leasing set a new benchmark, totaling 55.16 million sq ft, marking a robust 10% increase. Bengaluru continued to lead the chart, although it saw a minor decline. In contrast, Pune experienced an astonishing 63% growth, fueled by a surge in demand from global capability centers, which accounted for 41% of the total.

Ghaziabad: 20 years on, GDA set to pay ₹45 crore to GMC for Swarn Jyantipuram handover

ET Realty Infrastructure
27th Dec, 2025

Ghaziabad Development Authority is finally transferring Swarn Jyantipuram to the Municipal Corporation after a 20-year delay, paying Rs 45 crore for pending infrastructure upgrades. This follows years of litigation and disagreements. The move aims to standardize handover processes, with residents of the 1,553-plot township set to benefit from improved amenities.

Over 380 buildings get Ahmedabad civic body's notices over unauthorised parking

ET Realty Infrastructure
27th Dec, 2025

Ahmedabad Municipal Corporation (AMC) has issued 384 notices to buildings for illegal parking on public roads, footpaths, and other public spaces. Officials stated that many buildings lack adequate parking arrangements, causing significant traffic disruptions. Buildings are now mandated to install signage, create proper parking, and clear obstructions to utilize open spaces for parking.

Jaipur: Illegal constructions removed from Hawa Mahal-Amber zone

ET Realty Infrastructure
27th Dec, 2025

The Jaipur Municipal Corporation (JMC) conducted a demolition drive against illegal constructions on government land in the Hawa Mahal-Amber zone. Nearly 4 bighas of JMC land were cleared in Kalalon Ki Dhani after demarcation confirmed encroachment. Further unauthorized constructions were also removed in Chandrashekhar Azad Colony.

Noida Metro Rail Corporation offers commercial space at three metro stations

ET Realty Commercial
27th Dec, 2025

Noida Metro Rail Corporation is leasing commercial spaces at Sector 81, Sector 83, and Depot metro stations on the Aqua Line to boost non-fare box revenue. Applications are due by January 5, 2026, with a 15-year license period. This initiative supports NMRC's financial strategy as ridership stands at 68,869 daily passengers.

Delhi civic body plans more C&D dumping sites with CCTV coverage, mist spraying system

ET Realty Infrastructure
26th Dec, 2025

The Municipal Corporation of Delhi is ramping up its waste management initiatives. The city will soon introduce fourteen new sites dedicated to construction and demolition waste, each equipped with cutting-edge CCTV surveillance and mist spray systems to curb dust pollution.

Ludhiana development body seals five unauthorized buildings in Threke village

ET Realty Infrastructure
26th Dec, 2025

Greater Ludhiana Area Development Authority (Glada) has sealed five unauthorized buildings in Threke village following notices to developers. Glada is adopting a zero-tolerance approach against illegal constructions and has recommended filing FIRs. Residents are urged to verify approved colonies on the Glada website before purchasing property.

Gurugram: DTCP flags illegal subdivision at business complex, freezes sale deeds

ET Realty Commercial
25th Dec, 2025

Gurgaon's District Town Planner has taken action against Sewa Corporate Park for illegal subdivision and sale of units without a mandatory licence. The commercial complex, which received an occupation certificate in 2009, was later carved into multiple shops and offices without statutory approval.

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.

Uttarakhand cabinet okays proposal for resort building on farmland without land use change

ET Realty Hospitality
11th Dec, 2025

The Uttarakhand cabinet has taken significant steps towards enhancing the tourism sector by approving agricultural land for resort development without altering its designated use. The new regulations stipulate that roads in hilly areas must be at least six meters wide, while those in plains should be nine meters.

Hyderabad: Auro Realty acquires Taj Banjara for ₹315 crore

ET Realty Hospitality
11th Dec, 2025

Aurobindo Group's realty arm, Auro Realty, has acquired the iconic Taj Banjara hotel in Hyderabad for ₹315 crore. The deal marks the end of operations for one of the city's first five-star hotels, which has been closed since its lease expired in 2023.

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.

Ridhira Group, Sumadhura sign MoUs with Telangana for projects worth ₹717 crore

ET Realty Hospitality
10th Dec, 2025

Telangana is gearing up for a transformative era as major investments take center stage. The Ridhira Group is allocating ₹117 crore to develop a premier hospitality project, while the Sumadhura Group has pledged an impressive ₹600 crore towards a vast industrial park.

Only 90 out of 1,000 hotels and clubs in Delhi have fire NOC

ET Realty Hospitality
9th Dec, 2025

Delhi Fire Service data reveals a stark reality: out of nearly 1,000 hotels and clubs, only 90 possess fire safety no-objection certificates. This comes as the city's excise department previously urged establishments to ensure safety measures, highlighting a significant gap in compliance despite regulations.

Over 140 hotels & hostels in Nagpur play with fire, safety norms

ET Realty Hospitality
9th Dec, 2025

Nagpur faces a significant fire safety crisis with 143 hotels and hostels flagged for serious lapses, many operating without mandatory No Objection Certificates. Over 75% of establishments seeking temporary approval remain non-compliant, and 43 buildings are officially declared unsafe, yet most continue to operate, endangering lives.

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.

Ikea plans to add 4-5 stores every year

ET Realty Retail
28th Nov, 2025

Ikea is accelerating its expansion in India, aiming to open four to five stores each year. This move follows a successful strategy of localizing products and strengthening logistics in major cities. The company is focusing on a mix of leased and owned properties for faster growth.

Notice served to two developers in Gurugram for illegal construction in malls

ET Realty Retail
20th Nov, 2025

District town planner has issued show-cause notices to two prominent developers for extensive illegal constructions in Gurugram's commercial complexes after obtaining occupation certificates. Violations include structural modifications, illegal additions, and encroachments, prompting warnings of demolition and license cancellation if not rectified within 15 days.

Kajol Devgan lease out retail unit for ₹8.6 crore in Mumbai

ET Realty Retail
19th Nov, 2025

Kajol Devgan has secured a prime retail location in Goregaon West, Mumbai, covering 1,817 sq ft, complete with parking provisions. The leasing arrangement kicks off with a monthly rent of ₹6.9 lakh, spanning nine years.

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