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Latest News & Updates (51 articles)

Godrej Properties to jointly develop 18 acres land in Thane

Godrej Properties to jointly develop 18 acres land in Thane

Godrej Properties has secured an 18-acre land parcel in Thane for a new joint development. This large-scale residential project is expected to generate over ₹7,500 crore in revenue. The development marks GPL's fourth venture in Thane,...

Banks can’t claim rights over flats booked to allottees: Rajasthan RERA

Banks can’t claim rights over flats booked to allottees: Rajasthan RERA

Rajasthan RERA has ruled that banks cannot claim rights over flats booked by allottees before a loan was created. The authority also stated that RERA proceedings can continue against builder directors and landowners even during insolvency. This...

Commercial plots for New Nagpur project-affected farmers: Maharashtra revenue minister

Commercial plots for New Nagpur project-affected farmers: Maharashtra revenue minister

Maharashtra's revenue minister announced a historic package for New Nagpur, offering commercial plots to landowners affected by land acquisition. This initiative aims to boost support and accelerate city expansion. A statewide revenue campaign...

Activists to protest against illegal buildings at Belapur Hills in Navi Mumbai on Feb 22

Activists to protest against illegal buildings at Belapur Hills in Navi Mumbai on Feb 22

Environmental groups are demanding immediate enforcement of no-development norms on landslide-prone Belapur Hills, citing concerns over encroachers and administrative apathy. Activists will hold a human chain protest on February 22 against...

Goa's town planning department told to enforce STPs for all complexes with 24 flats

Goa's town planning department told to enforce STPs for all complexes with 24 flats

The Goa State Pollution Control Board has urged the town and country planning department to enforce its decision requiring residential complexes with 24 or more flats to install sewage treatment plants. The board also stressed that builders must...

Uttar Pradesh to utilise vacant society space under its redevelopment policy

Uttar Pradesh to utilise vacant society space under its redevelopment policy

Apartment owners in Lucknow and other UP cities can now redevelop housing societies, unlocking prime urban space. A new state policy allows for bigger, better apartments if two-thirds of owners agree on layouts over 1,500 sqmt. Developers gain...

Over 900 builders under Jharkhand RERA lens for not filing quarterly reports

Over 900 builders under Jharkhand RERA lens for not filing quarterly reports

In an assertive move towards improving transparency in the real estate sector, Jharkhand's real estate authority is holding 904 builders accountable for their failure to provide mandatory quarterly progress reports. A staggering number of...

Mumbai: Shah Housecon's directors booked for cheating builder of ₹5 crore in SRA project

Mumbai: Shah Housecon's directors booked for cheating builder of ₹5 crore in SRA project

Police have booked two directors of Shah Housecon Private Limited for allegedly defrauding a developer of Rs 5 crore. The developer invested in a Slum Rehabilitation Authority project in Malad. He was promised permissions and tenant relocation....

Property registration in Pune dips 17% in January 2026: Knight Frank

Property registration in Pune dips 17% in January 2026: Knight Frank

Pune saw 14,527 property registrations in January 2026, generating ₹609 crore. Registrations dropped 17% year-on-year, but revenue fell slower at 5%. This indicates a shift towards higher-value property deals. The market showed a rebound from...

Over 350 government land lease violations detected across district; Pune city, Haveli taluka top the chart

Over 350 government land lease violations detected across district; Pune city, Haveli taluka top the chart

Pune city and Haveli taluka have recorded the most violations concerning government land leased long-term. The district administration has issued notices to institutions found to be in breach. These violations include non-renewal of leases, misuse...

Isprava acquires two-acre land in South Goa for luxury residential development

Isprava acquires two-acre land in South Goa for luxury residential development

The Mumbai-based developer with early backings from the Dabur’s Burman, Nadir Godrej and Anand Piramal family offices, is planning to build a limited inventory of residences on the plot, with the land parcel acquired through its investment...

Nashik: NMC mandates 50:50 use of premium FSI & TDR to boost demand, speed up land acquisition

Nashik: NMC mandates 50:50 use of premium FSI & TDR to boost demand, speed up land acquisition

Nashik's civic body mandates developers use premium Floor Space Index (FSI) and Transfer of Development Rights (TDR) equally. This aims to revive TDR demand, ensure fair landowner compensation, and facilitate acquiring land for public...

Real estate tribunal stays MahaRERA chairperson’s order

Real estate tribunal stays MahaRERA chairperson’s order

The Maharashtra Real Estate Appellate Tribunal has put a hold on a MahaRERA chairperson's order concerning a flat buyer's complaint. The tribunal also called for an investigation into the issuance of two different versions of the same...

Pune civic body's GB rejects property tax hike proposal, PCMC likely to maintain status quo

Pune civic body's GB rejects property tax hike proposal, PCMC likely to maintain status quo

Pune civic body's general body unanimously dismissed a 5% property tax hike proposal, urging the administration to improve tax recovery and widen the tax net instead. Pimpri Chinchwad residents are also likely to be spared an increase due to...

US-based ICE Mortgage Tech leases nearly two lakh sq ft in Pune to set up GCC

US-based ICE Mortgage Tech leases nearly two lakh sq ft in Pune to set up GCC

Intercontinental Exchange is expanding its presence in India. Its subsidiary, ICE Mortgage Technology India, has leased a significant office space in Pune's Magarpatta Cybercity. This move aims to establish a global capability centre. The...