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...
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...
Pune civic body fined VTP Aethereus Rs1 lakh and issued a show-cause notice for supplying contaminated water to residents. The developer claims the issue is resolved, citing a technical glitch at their water treatment plant. They assert water...
Mumbai's net effective office costs surged by 8.0% in Q4 2025, the highest globally, driven by limited supply and strong demand for Grade A spaces. Delhi also saw prime office cost increases, mirroring sustained occupier interest. Globally,...
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,...
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...
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...
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....
Standard Chartered Bank has sold a commercial property in Mumbai's Bandra Kurla Complex. Advanced Realty acquired the office space for Rs 197 crore. The transaction highlights a trend of corporates rebalancing their real estate portfolios. This...
Hyderabad's office market anticipates substantial new grade-A supply by FY2027. Occupancy levels are projected to remain strong, supported by consistent demand from IT-BPM and BFSI sectors. Rental growth is expected to be gradual, with key...