Articles

NAREDCO, the apex real estate body under the Ministry of Housing and Urban Affairs, has announced new leadership with Parveen Jain taking charge as President and Dr. Niranjan Hiranandani as Chairman, signaling a renewed focus on transparency and sustainable growth.

Mumbai-based developer Kalpataru has posted strong Q2 FY26 results with pre-sales rising 19% to ₹1,329 crore and collections surging 37% to ₹1,162 crore, reflecting robust demand and execution capabilities.

India's retail REIT sector is projected to become a ₹60,000-80,000 crore market by 2030, representing up to 40% of the country's total REIT market, according to new research from Anarock.

The Maharashtra Housing and Area Development Authority has announced its 2025 lottery results, allocating 5,354 affordable homes and 77 plots across Thane, Vasai, and Palghar regions, with nearly 1.85 lakh applications received for the Konkan board housing schemes.

Google has announced a USD 10 billion investment to establish India's largest data centre and AI hub in Visakhapatnam, Andhra Pradesh, marking a transformative moment for the country's technology infrastructure landscape and digital economy.

Singapore's residential property market has reportedly experienced a dramatic comeback as premium project "The Skye at Holland" sold 658 of 666 units within a single weekend, signaling renewed buyer confidence despite government cooling measures and commanding prices of S$2,953 per square foot.

Radisson Hotel Group has announced plans to launch eight new hotels across Uttar Pradesh, including the recent opening of its ₹220 crore Prayagraj property, marking its tenth hotel in the state.

Residents of LIC Township in Borivali are intensifying calls for comprehensive redevelopment, citing aging infrastructure, safety risks, and inadequate amenities in the decades-old housing complex that no longer meets modern living standards.

TruHome Finance has secured ₹417 crore in fresh capital to expand its loan book, upgrade technology infrastructure, and strengthen its presence across tier-II and tier-III cities in India's growing housing finance sector.

Maharashtra has identified 462 enemy properties across 11 districts, with more than half located in Mumbai. The government plans to publish complete details publicly to boost transparency and attract investors for potential monetization.

Puravankara Limited unveiled plans for four premium residential projects worth ₹9,100 crore across Mumbai and Bengaluru in the first half of FY26, marking significant expansion in India's top metro markets.

Mumbai Metro Lines 2A and 7 have implemented a temporary service schedule from October 12-18 to facilitate critical integration work with the upcoming Line 9 Phase-I corridor, with first trains starting around 7:00 a.m. instead of the usual 5:25 a.m.

Film actor Neil Nitin Mukesh and veteran singer Nitin Mukesh have jointly acquired a luxury apartment in Mumbai's Lower Parel for ₹11.35 crore, reinforcing celebrity interest in the city's premium real estate market.

Esencia Partners, a firm backed by Manipal Group chairman Ranjan Pai, has acquired a prestigious 25,824 sq ft property on Lavelle Road in Bengaluru for approximately ₹165.6 crore, marking one of the city's most significant luxury real estate transactions this year.

Mumbai-based law firm SNG & Partners has advised on Lodha Developers' ₹500 crore non-convertible debenture issuance, providing legal structuring and compliance oversight for the two-tranche debt instrument placed privately and listed on secondary markets.