Uttar Pradesh RERA registers 143 projects worth ₹31,952 crore in H1 2026

Uttar Pradesh RERA registered 143 new real estate projects in early 2026. These projects propose 46,049 housing units with substantial capital investment. Lucknow and Gautam Buddh Nagar led new project registrations and capital inflow respectively. The state's real estate sector saw consistent growth in investments and housing supply. UP-RERA also facilitated significant recovery for homebuyers and resolved property disputes.

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Prestige Group acquires 2.35-acre land in Mumbai's Mulund for ₹110.75 crore

The transaction was executed through Prestige Mulund Realty Pvt Ltd, which acquired the property from Shamvik Glasstech Pvt Ltd and General Glass Company Pvt Ltd. The deal was registered on July 16, with the buyer paying stamp duty of Rs 6.64 crore, according to property registration documents accessed through CRE Matrix, realty data analytics platform.

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Lodha Developers’ net profit more than doubles to ₹1,373.10 crore in Q1 FY27

Lodha Developers consolidated total income increased 40.6 per cent to ₹5,096.70 crore during the quarter. Pre-sales stood at ₹4,629 crore, while collections rose 46 per cent year-on-year to ₹4,205 crore.

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Bengaluru development body imposes curbs on revised building plans after OCs

Bangalore Development Authority has restricted approving revised building plans after occupancy certificates are issued. A new circular mandates owner consent for modifications where third-party rights exist. This order follows a legal challenge by residents of HM Tambourine apartment complex. The residents contested a modified sanction plan approved without their consent. This move aims to protect apartment owners' rights and development potential.

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NCLT approves Aspect JV's resolution plan for Radius & Deserve Land Developers

The NCLT approved Aspect Group's resolution plan for Radius & Deserve Land Developers. This approval concludes the company's corporate insolvency resolution process initiated in May 2023. Bharadvaja Buildcon LLP will now take over the bankrupt real estate firm. The secured creditor will receive constructed free-sale area in a slum rehabilitation project. Construction is expected to commence within twenty-five months of plan approval.

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Gulshan Group to invest ₹1,000 crore in Wave City housing project

Gulshan Group has launched Gulshan Empire, a premium residential project at Wave City, with an estimated investment of ₹1,000 crore. The 5.5-acre project is expected to generate sales realisation of over ₹1,200 crore.

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Gurugram: Orris Infrastructure, its directors booked for cheating in land agreement

Gurugram police filed a cheating case against Orris Infrastructure and its directors. Complainants allege fraud in a land agreement involving agricultural property near Manesar. The builder allegedly transferred allotted plots to third parties despite prior agreements. Legal heirs discovered plot transfers and construction on their land this year. Investigation is underway to verify facts and take legal action.

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