News

Palladian Partners has unveiled a ₹1,500 crore project pipeline across Mumbai Metropolitan Region, targeting the Navratri-Dussehra festive season with launches spanning from affordable to luxury segments.

India’s top metro cities including Bengaluru, Delhi NCR, Hyderabad, Chennai, and Kolkata are projected to see housing sales growth of 4% to 25% in Q3 2025, while western markets like Mumbai and Pune may decline.

The Karnataka government has waived the OC requirement for houses on plots larger than 1,200 sq ft in Bengaluru. Power and civic services can now be granted without an Occupancy Certificate, subject to verification.

The CBI raided 12 sites across Kolkata, Bengaluru and Mumbai after the Supreme Court directed it to probe alleged fraud tied to subvention home‑loan schemes, naming multiple developers and finance officials.

Panchshil Realty, via its arm Prime Lohegaon Infraspaces, has acquired Capgemini’s Knowledge Park in Airoli, Thane for ₹550 crore. The 15.38‑acre office campus bolsters Panchshil’s commercial real estate presence in MMR.

GST cuts on construction inputs may benefit affordable housing in peripheral areas first, as developers pass on savings. Experts expect visible impact in 3–6 months, especially where land costs are lower.

Bollywood actor Kartik Aaryan, with his parents, has purchased a commercial office space in Andheri West, Mumbai, for ₹13 crore. The deal includes ~1,905 sq ft carpet area, three parking spots, and heavy stamp duty was paid.

MahaRERA has rejected a developer’s plea to partially deregister a project citing financial nonviability, affirming that a registered real estate project must remain under full regulatory binding. Correction applications permitted under strict timelines.

CIDCO will auction 30 plots in Ulwe, Dronagiri & nearby zones around Navi Mumbai International Airport for bungalow and commercial development, offering ready infrastructure and strong investor appeal.

Plot prices along Yamuna Expressway have soared sixfold in five years while apartment rates have grown 2.5x, as property buyers bet on the upcoming Noida International Airport driving growth in the region.

Mumbai Police have filed an FIR against industrialist Nusli Wadia and family members for allegedly submitting forged documents in a 30-year-old property dispute with Ferani Hotels, following a court order from Borivli metropolitan magistrate.

Gentex Merchants, linked to steel baron Lakshmi Mittal, has purchased a 3,540 sq. yard bungalow in Delhi's prestigious Lutyens' Zone for ₹310 crore, marking one of 2025's biggest residential property transactions.

Maharashtra Cabinet approves comprehensive redevelopment of 4,973 homes across 498 plots in SVP Nagar, Andheri West, with Mhada transforming the 30-year-old colony into a modern sustainable township.

Blackstone-backed Lumina CloudInfra has acquired 3.8 acres in Mumbai's Chandivali for ₹475 crore to develop a 60 MW data centre, strengthening its digital infrastructure footprint.

Zomato Hyperpure expands supply chain operations with 2.5 lakh sq ft warehouse lease in Bhiwandi, strengthening distribution network for Mumbai region through strategic 5-year agreement.