Real Estate News

KHB invites applications for new residential layout in Chamarajanagar

ET Realty Residential
27th Dec, 2025

Karnataka Housing Board is developing its fourth residential layout in Chamarajanagar near Uttuvalli on a public-private partnership basis. The KHB has initiated a demand survey for the 24-acre project, offering sites for various income groups with a fixed rate of Rs 1,500 per square foot. Applications are being accepted online until December 31.

Housing sales fall 14% in 2025 across top cities, but value rises 6%: Anarock

ET Realty Residential
27th Dec, 2025

The year 2025 marked a pivotal change for housing sales in major Indian metros, witnessing a 14% drop in the number of transactions. Interestingly, the total value of sold properties climbed by 6%, underscoring a flourishing demand for upscale real estate. Meanwhile, the supply of new housing remained steady with a spike in luxury launches.

Odisha: Education minister distributes PMAY-U work orders in Sambalpur

ET Realty Residential
27th Dec, 2025

Union Education Minister Dharmendra Pradhan distributed work orders for 855 houses under PMAY (Urban) in Sambalpur, a significant step for inclusive urban development. Beneficiaries also received aid under the Madhu Babu Pension Yojana at a program attended by state ministers and local officials.

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.

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.

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.

Bengaluru apartment residents lose electricity over vacant flats’ dues

ET Realty Residential
26th Dec, 2025

Residents of a Bengaluru high-rise faced a day-long power cut due to a Rs 2 lakh dues dispute between Bescom and the builder. Bescom disconnected supply to 150 households over non-payment for 30 empty flats, despite occupied homes having paid their bills. The builder has allegedly absconded without transferring electricity connections or providing essential property documents.

High-end housing developers go for integrated development as homebuyers show preference for convenience

ET Realty Residential
26th Dec, 2025

Of late, developers such as DLF, Hero Realty, M3M, Tribeca and Central Park have been integrating boutique retail developments as part of their projects. According to a JLL study, mixed-use townships are fuelling 35% of residential absorption in major cities by blending living, retail, office and entertainment spaces.

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.

Navi Mumbai international airport starts commercial flight operations

ET Realty Infrastructure
26th Dec, 2025

The Navi Mumbai International Airport is now operational. An IndiGo flight marked its first arrival, followed by the first departure. This new airport expands Mumbai's aviation capacity. The airport will initially operate for 12 hours daily.

Pune: MIDC tells four top developers to reduce air, sound pollution in Hinjewadi

ET Realty Infrastructure
26th Dec, 2025

MIDC has issued notices to four real estate developers in Pune's Megapolis area, demanding action against air and sound pollution. Residents have complained about dust and debris from construction trucks, impacting health and daily life. Developers claim compliance but are reportedly implementing additional measures.

Gurugram: Illegal construction go unchecked in Sultanpur National Park buffer zone

ET Realty Infrastructure
26th Dec, 2025

Surveys have identified 232 unauthorized constructions within Sultanpur National Park's eco-sensitive zone and regulated corridors, violating development restrictions. These illegal structures threaten the Ramsar-recognized wetland, a crucial birdwatching site and part of the Central Asian Flyway. Authorities have issued show-cause notices, warning of demolition if non-compliance continues.

Gmada flags 154 illegal constructions in Mohali

ET Realty Infrastructure
26th Dec, 2025

Gmada has identified 154 unauthorized constructions and submitted an action taken report to the National Green Tribunal. Notices were issued and action initiated under relevant acts for illegal constructions detected in villages near the Chandigarh boundary. Gmada assured continuous monitoring and strict action against violators.

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.

Dehradun: Rispana bank residents await EWS flats amid demolition fears

ET Realty Residential
25th Dec, 2025

Residents of Kathbangla colony face demolition fears as promised EWS flats remain undelivered by the Dehradun Municipal Corporation. Despite NGT-mandated notices for floodplain encroachment, over a month has passed without relocation, leaving families anxious about losing their homes in the cold.

Government to soon launch SWAMIH-2 fund to complete one lakh homes in stalled projects

ET Realty Residential
25th Dec, 2025

The government is set to unveil the SWAMIH-2 Fund to offer vital last-mile financing to kickstart numerous stalled housing projects, directly aiding nearly 100,000 middle-class families with investments that have been languishing.

Arjun Sharma of Select City Walk buys South Delhi property for ₹125 crore

ET Realty Residential
25th Dec, 2025

Arjun Sharma, a co-founder of Select City Walk, has acquired a prime South Delhi bungalow for Rs 125 crore. The exclusive West End property, a rare offering, highlights the enduring demand for luxury real estate in the capital. This significant transaction underscores the robust activity among High-Net-Worth Individuals in the Delhi market.

Homebuyers in Tamil Nadu to get relief on stamp duty and registration fees

ET Realty Residential
25th Dec, 2025

Tamil Nadu homebuyers registering first-sale apartments and villas will now benefit from a new government order. Stamp duty and registration fees paid on construction agreements before December 1, 2023, can be set off against the composite value of land and building during sale deed registration. This move aims to prevent double payment for buyers and aligns with RERA regulations.

Bengaluru: HC order ignored, illegal construction continues in HAL III Stage

ET Realty Infrastructure
25th Dec, 2025

Residents have taken their fight to the High Court after over 40 complaints about alleged building norm violations in HAL III Stage went unaddressed. Despite a court order for the BCCC to issue notices and stop non-compliant construction, residents claim work continues, nearing inauguration and causing significant disruption and safety concerns.

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.

J Estates enters into senior living housing segment

ET Realty Residential
24th Dec, 2025

J Estates is venturing into the senior living market, launching three major initiatives in Gurugram. Comprising approximately 450 units, these projects will embody luxury and comfort, with a total investment of ₹2,100 crore.

Embassy REIT sells 3.76 lakh sq ft space in Manyata Park in Bengaluru for ₹530 crore

ET Realty Commercial
24th Dec, 2025

Embassy REIT has offloaded prime office space in Bengaluru for an impressive ₹530 crore. The acquisition by EAAA Alternatives' Rental Yield Plus fund strengthens their presence in the renowned Embassy Manyata Business Park.

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.

Elon Musk's Starlink leases first office space with CorporatEdge in New Delhi

ET Realty Commercial
19th Dec, 2025

Elon Musk-owned Starlink has secured its first office space in northern India, leasing a 50-seater facility at Delhi's World Trade Center. This move, alongside OpenAI's similar decision, signals a strategic choice for proximity to the capital's power centers and a preference for flexible, premium workspace providers.

Gurugram: Property registrations blocked in Raheja Developers' commercial project

ET Realty Commercial
18th Dec, 2025

The district town planner has ordered the sub-registrar to halt property transactions for Raheja Developers' commercial project in Sector 84, Gurugram, as its development licence expired in May 2019 and was not renewed. The builder has also been directed to cease all site work immediately to protect buyers' interests.

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.

360 ONE real assets platform raises ₹2,300 crore

ET Realty Commercial
15th Dec, 2025

In a remarkable feat, 360 ONE Asset's real assets platform has amassed ₹2,300 crore within just four months, showcasing its strong appeal to investors. This fund primarily focuses on acquiring infrastructure and income-generating commercial ventures.

Concorde invests ₹125 crore to develop commercial block at Concorde Mayfair in Bengaluru

ET Realty Commercial
15th Dec, 2025

Bengaluru's Concorde has invested ₹125 crore to develop a commercial block at Concorde Mayfair. This new development in Yelahanka will feature retail spaces and office units.

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.

Gurugram: Owners of 32nd Avenue served notice for breaches in building code

ET Realty Commercial
13th Dec, 2025

Gurgaon authorities have issued a show-cause notice to 32nd Avenue owners. Inspections revealed violations of approved building and layout plans. These include encroachments and illegal conversions. Previous notices for similar breaches went unaddressed. Owners must appear on December 17, 2025, with relevant documents. Failure to comply could lead to demolition or sealing.

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.

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.

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.

MPIDC gets consent for 300 hectare for Indore-Pithampur economic corridor

ET Realty Commercial
11th Dec, 2025

Landowners have given consent for nearly 300 hectares for the Indore-Pithampur Economic Corridor. This vital infrastructure project will connect Indore and Pithampur, a major industrial hub. The corridor aims to improve freight movement and reduce travel times. It is expected to attract new industrial investments. Efforts are underway to complete land pooling formalities.

Karnataka government to open bids for IT Park project in Mangaluru next week

ET Realty Commercial
11th Dec, 2025

Karnataka will open bids on December 15 for a new IT Park in Mangaluru. This project, costing Rs 135 crore, is part of the state's 'Beyond Bengaluru' initiative. The government aims to boost IT and BT investments across various regions. Selected bidders will get government land on a 30-year lease.

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.

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.

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.

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.

Blackstone-backed REIT eyes Diamond Plaza mall buyout

ET Realty Retail
18th Nov, 2025

Nexus Select Trust, backed by Blackstone, is in advanced talks to acquire Diamond Plaza mall in Dum Dum for an estimated Rs 450-600 crore. This potential acquisition follows the REIT's recent purchase of South City Mall for Rs 3,250 crore. The deal signifies Nexus Select Trust's continued expansion in India's retail real estate market, particularly in the eastern region.

LuLu Group revives mall project in Visakhapatnam

ET Realty Retail
15th Nov, 2025

LuLu Group International will revive its Visakhapatnam shopping mall project after a hiatus, citing circumstances beyond their control during the previous government's tenure. Chief Minister N Chandrababu Naidu's invitation prompted the revival, with construction set to begin this week and completion expected within three years, creating thousands of jobs.

NEW PROJECTS

Hadapsar, Pune

2 BHK & 3 BHK Apartments Flats

586 - 815 sq.ft.

Coming Soon

-

Mohamadwadi, Pune

3 BHK & 4 BHK Apartments Flats

1069 - 1710 Sq.ft.

Coming Soon

+91 98205 75619

Pimpri Chinchwad, Pune

2 BHK & 3 BHK Flats Flats

538 - 956 sq.ft.

Coming Soon

-

Kanjurmarg East, Mumbai

1 BHK & 2 BHK Flats Flats

Coming Soon

Coming Soon

+91 98205 75619

Juinagar, Navi Mumbai

1 BHK, 2 BHK & 2.5 BHK Apartments Flats

323 - 537 sq.ft.

On Request

+91 98205 75619

Prabhadevi, Mumbai

1 BHK, 2 BHK, 3 BHK Flats Flats

427 - 1104 Sq.ft.

Coming Soon

-

Mogharpada, Thane

1 BHK Flats Flats

298 - 316 Sq.ft.

39.99 Lacs onwards

-

Khalapur, Raigad

Plots Plots

Coming Soon

Coming Soon

-

Dombivali East, Thane

1 BHK, 2 BHK Flats & Shops & Commercial Offices Flats

406 - 617 Sq.ft.

On Request

-

Wakad, Pune

1 BHK, 2 BHK, 3 BHK & 4 BHK Flats Flats

440 - 1275 Sq.ft.

1 Cr onwards

-

Vile Parle West, Mumbai

3 BHK & 4 BHK Apartments Flats

1519 - 3597 sq.ft.

Coming Soon

-

Khalapur, Raigad

Plots N.A Plots

1235 - 2673 Sq.ft.

On Request

-