West Bengal government sends three-page SOP form to builders for construction audit

Kolkata's state government has issued a new Standard Operating Procedure (SOP) requiring builders to submit detailed project information to borough offices, a move welcomed by major developers for its decentralised approach. This initiative aims to prevent future incidents like the Taratala warehouse collapse. Developers are cooperating fully, ensuring key personnel are available for site inspections to expedite project clearances and resume construction work promptly.

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Hyderabad homebuyers left in limbo as over 60,000 flats miss delivery timeline

Thousands of Hyderabad homebuyers face significant delays, with nearly 63,000 units now expected to be handed over at least a year later than planned. Disruptions from the Middle East conflict, impacting material imports and escalating costs, coupled with labour shortages, are pushing project completion dates back. Many buyers are burdened by dual EMI and rental payments, awaiting their dream homes.

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UP RERA issues notices to promoters of 76 projects over non-filing of annual audit reports

Promoters are required to upload annual audit reports of project accounts on the UP RERA portal within six months from the end of a financial year. Non-filing attracts a late fee of ₹25,000, while violation of relevant RERA provisions can attract penalty of up to 5% of the estimated project cost.

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Hero MotoCorp, WeWork lease 3.45 lakh sq ft office space at Worldmark 6 in Delhi

Hero MotoCorp has leased about 2.31 lakh sq ft, while WeWork India has leased about 1.14 lakh sq ft at Worldmark 6, Aerocity, Delhi. The combined estimated rental payout over the lease tenure is about ₹922 crore, according to documents accessed by Propstack.

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NCLT approves Mantra Properties’ resolution plan for stalled project in Worli

The NCLT Mumbai Bench has approved Pune-based Mantra Properties & Developers’ resolution plan to revive a stalled Worli residential project in Mumbai with an estimated revenue potential of around Rs 2,000 crore.

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Uttar Pradesh receives investment proposals worth over ₹50,000 crore

More than 15 companies signed MoUs with the Uttar Pradesh government during the Uttar Pradesh Global Growth Dialogue 2026 in Bengaluru. The state is targeting 40 million sq ft of Grade-A office space and 500 GCC units by 2031.

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Sealing drive leaves young execs 'homeless'

Young professionals in Gurgaon's DLF-3 faced sudden displacement as authorities resumed a sealing drive against illegal constructions. Residents of paying guest accommodations and rented flats were given mere hours to pack and leave their homes, often discovering the crackdown upon returning from work. This action follows court orders targeting buildings violating approved plans and operating unauthorized PGs.

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