Navi Mumbai Municipal Corporation has collected Rs 650 crore in property tax this fiscal year, with 62% of payments made digitally. The civic body is intensifying efforts to meet its Rs 1,000 crore target by March 31, issuing notices and attaching...
Pune Municipal Corporation plans to mandate pollution monitoring systems for smaller construction projects, expanding current norms. Mayor Manjusha Nagpure announced that government and civic projects will also be required to monitor pollution...
Navi Mumbai Municipal Corporation has collected Rs 650 crore in property tax this financial year. A significant 62 percent of this amount, totaling Rs 383 crore, was paid through digital channels. The civic body is also taking strong action against...
Realty major Lodha Developers has secured development rights for a significant 4.3-acre land parcel in Mumbai's upscale Malabar Hill. The deal is valued at an estimated Rs 2,800 crore. This acquisition highlights Lodha's focus on premium...
India’s next phase of urban growth will hinge on cluster-based redevelopment models, as underscored by speakers at the ET Realty Conclave 2026. With MHADA anchoring social inclusion, large-scale projects are increasingly drawing institutional...
MHADA, CREDAI, NAREDCO and sustainability experts call for governance reforms, patient capital and outcome-driven green standards to unlock large-scale urban renewal
At ET Realty Real Estate Conclave 2026, the MHADA Vice-President and CEO outlines a cluster-led redevelopment roadmap, policy recalibration and rental housing push to address Mumbai’s affordability and supply challenges.
Devisha Yadav, wife of cricketer Suryakumar Yadav, has acquired a 1,402 sq ft apartment in Godrej Sky Terraces, Chembur, Mumbai, for ₹7.18 crore. The property, registered in February 2026, includes two parking spaces and incurred ₹35.90 lakh in...
Authorities in Gurugram successfully cleared nearly 100 encroachments along a 1.5-km stretch of the Farrukhnagar–Daboda road, restoring its sanctioned width. The five-day demolition drive aimed to ease traffic congestion and improve safety on this...
Maharashtra government and civic authorities are intensifying their crackdown on Mumbai's air pollution, issuing over 1,000 stop-work notices to construction sites for environmental norm violations. Nearly 88% of active sites have installed air...
Suraj Estate Developers has acquired 100% shares of Hally Pacific for approximately ₹30.40 crore, gaining ownership of a vacant land parcel in Prabhadevi, Mumbai. The company plans to develop this site, estimating a sale carpet area of ~0.367 lakh...
Bombay High Court reprimanded a Mhada official for revoking a redevelopment No Objection Certificate (NOC) based on a representation, despite significant construction progress. Justices Kulkarni and Sathe emphasized that such drastic actions,...
Rail Land Development Authority plans to lease railway land in Yeshwantpur for residential apartments. This 99-year lease aims to generate revenue and redevelop the existing railway colony. The project involves building private apartments alongside...
Nagpur Municipal Corporation has launched online applications for 518 affordable housing units under PM Awas Yojana 2.0. The flats, available in 1 BHK and 2 BHK configurations, will be located at Mouza Nari. Registration opens February 24 and closes...
Nexus Select Trust will acquire a 50 percent stake in a new mall in Mumbai. This deal is valued at Rs 434 crore. The upcoming mall is located in Dombivli. It will be operated in partnership with Runwal Enterprises. This acquisition is part of Nexus...