Strange that buyers who have paid in full can’t register flats because of govt-builder dispute: Allahabad HC

Homebuyers at Ajnara Homes in Greater Noida West are facing a registration standstill due to unpaid dues, prompting the Allahabad High Court to seek solutions from involved authorities. APV Realty Limited owes upwards of Rs 60 crore, which has created a backlog where approximately 75,000 flats remain unregistered in Noida and Greater Noida. The matter is scheduled for another court hearing on October 30.

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Maharashtra government bars registration of documents related to unauthorised constructions

In a move to safeguard homebuyers, the Maharashtra government has mandated Sub-Registrars to halt the registration of documents connected to unauthorized constructions. The objective is to prevent residents from facing financial setbacks linked to illegal buildings. Developers are now required to present multiple compliance certificates prior to selling properties in registered projects. Buildings lacking proper authorization must be regularized before any transactions, or face potential demolition.

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Aditya Birla Sun Life AMC, BGO target $1 billion real estate portfolio

The plan to deploy more capital comes as developers increasingly turn to institutional investors for structured capital amid regulatory changes, sector consolidation and stronger balance sheets among leading players.

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BNP Paribas leases five lakh sq ft office in Mindspace REIT’s Chennai complex

BNP Paribas has signed a long-term lease for around half a million square feet in Chennai. The deal spans four floors within the One Radial commercial complex and is among the largest in the city this year. Office rentals in this area are approximately Rs 90 per square foot per month. Chennai is increasingly appealing to multinational companies due to lower operating costs and a skilled talent pool.

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Rustomjee Group explores senior living foray; sees scope for over 5,000 homes in MMR

Rustomjee Group is evaluating an entry into senior living and is open to developing projects independently or with a partner, chairman and managing director Boman Irani said. While the investment and development structure are yet to be finalised, he estimates that Mumbai Metropolitan Region can support more than 5,000 senior living homes.

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India office net absorption falls 18% to 14.1 million sq ft in Q3 2026: Report

In the third quarter of 2026, net office absorption across India's eight key cities dropped to 14.1 million sq ft, with Hyderabad and Bengaluru leading the way in significant uptake. The gross leasing volume peaked at around 22 million sq ft, marking the highest for 2026 to date. Global capability centres notably influenced leasing trends, predominantly within the IT and BFSI sectors. The national vacancy rate registered at 14.

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About 25,000 property registrations at Gurugram tehsil office have one fictitious PAN

An income-tax investigation in Badshapur tehsil has exposed major fraudulent activity involving a sham PAN used for property registrations. In just two years, approximately 25,000 properties have been connected to this bogus PAN, leading to the discovery of over 35,000 transactions that were misreported or not reported at all, totaling an estimated Rs 55,000 crore in value.

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