A K Raheja Corp. affiliate, Inorbit Malls (India), has paid approximately ₹400 crore to buy a retail property in Hubli, Karnataka, as a strategic foray into Tier-2 cities. The building, called Akshay Sky Mall, has a gross built-up area of around 650,000 square feet.

In a major milestone for Maharashtra's real estate sector, 87% of fifth MahaRERA real estate agents' test applicants passed. Out of 4,769 applicants, 4,165 are certified, expanding the state's real estate agent pool.

The government reduced Mumbai's saltpan and mangrove slum redevelopment building area from 80% to 65%. BMC manages the remaining 35% for open space amenities. This comes seven months after the original construction ban in eco-sensitive zones.

Priyanjali Mariwala, a member of the Marico family, bought a luxury flat in Mumbai's Bandra-Kurla Complex (BKC) for 65.25 crore. Sunteck Realty's Starlight Systems constructed Signature Island, an ultra-luxury residential skyscraper with an 8,300-square-foot apartment on the first level.

Signature Global acquired 14.65 acres of valuable territory in Gurugram's Sector 37D, near the Dwarka Motorway, to strategically develop. Sources estimate the transaction to be worth about ₹350 crore.

Signature Global, a real estate company, has purchased 14.65 acres of property in Gurugram for ₹350 crore to create a large housing complex as part of its development strategy. The corporation bought property in Sector 37D, near the fast-growing Dwarka Motorway.

In one week after opening, Tata Housing sold out Raagam Phase 1, earning over Rs 650 crores. This amazing sale of 576 plots encompassing 9 lakh square feet shows Bengaluru's significant demand for luxury residential areas.

Ashiana Housing, a New Delhi-based real estate developer, plans to spend Rs 650-700 crore in land and building in 2023-24. The business wants to book Rs 1,500 crore in area in FY24 and add 7-8 million sq ft in three years.

Despite global economic uncertainty, the Indian office space market is expected to grow significantly between 2023 and 2025. According to CBRE, developers are confident about adding over 165 million sq. ft. of office space by 2025, exceeding the 142 million constructed in the preceding three years.

TVS Motor Company paid INR 65 crore for a residential property in Bengaluru, making it the most expensive residential property transaction in Bengaluru.

Cidco's e-auction of 28 Navi Mumbai plots netted Rs 1,365 crore. Sector 20, Palm Beach Road, Sanpada property sold for Rs 5,54,500/sq m.

The Indian Railways' Rail Land Construction Authority (RLDA) is leasing out a 29,065 square metre plot of land in the Bikaner division's Sirsa Haryana for residential and commercial development (67% residential and 33% commercial).

The Maharashtra Housing and Area Development Board (MHADB) is scheduled to get 5,000 dwelling units from 65 residential projects that developers had been unable to deliver to the board for over 10 years.

Real estate market in India is back with a bang. That is at least for some of the strong Indian property development brands. One such property developer in India is Godrej Properties which has done a brisk amount of sale in the recent months.

This new real estate project will be Mahindra Lifespaces' second in Kandivali, with roughly 1 million square feet of carpet area to be developed.