Delhi development body picks TOD plots to push affordable housing

Delhi Development Authority has identified 14 land parcels along metro corridors for affordable housing and mixed-use development. These sites, totaling over 3.6 lakh square meters, aim to promote Transit-Oriented Development (TOD) and curb outward migration. A portal will be created for developers to submit proposals under the new policy.

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Godrej family buys two apartments in Mumbai's Worli for ₹294 crore

Godrej family scion Tanya Dubash has purchased two sea-facing luxury apartments in Mumbai's Worli for over Rs 294 crore, making it one of the country's most expensive residential deals. The ultra-luxury tower Naman Xana has attracted other high-profile buyers, highlighting continued demand for premium Mumbai residences as legacy assets.

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Uber leases over nine lakh sq ft Hyderabad office through 10-year lease for GCC

Uber India Systems has secured a massive office space in Hyderabad. The company will occupy over 9 lakh square feet for a decade. This deal is valued at nearly Rs 839 crore. It highlights Uber's growing commitment to India. Hyderabad continues to attract global companies for technology and operations.

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Haryana rolls out online mutation process to curb property fraud

Haryana has launched an auto-mode mutation system to combat property fraud, particularly preventing single plots from being sold multiple times. This online system automatically processes mutations upon property registration, eliminating the need for buyers to visit patwar offices and significantly reducing pending cases across the state.

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Concorde targets ₹650 crore sales in FY27, to deploy ₹200 crore for new projects

Bengaluru-based developer Concorde is targeting higher sales in FY27 after closing FY26 with sales of about ₹450 crore and recognised revenue of ₹395-400 crore. The company plans to launch 1.5-2 million sq ft during the year, increase its outright land purchase budget and focus largely on mid-segment housing priced between ₹1.5 crore and ₹2.5 crore.

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NSE inks 80-year lease with MMRDA for 2.7-acre BKC land for ₹1,684 crore

The National Stock Exchange of India has made a bold move by leasing a coveted 2.7-acre site in the bustling Bandra-Kurla Complex of Mumbai for the next 80 years, with a lease premium amounting to Rs 1,684 crore.

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CBI files chargesheet against Logix City Developers, bank officials in homebuyers' fraud case

The Central Bureau of Investigation has filed a chargesheet against Logix City Developers Pvt. Ltd. and its directors. Officials from ICICI Bank and HDFC Bank are also named. They are accused of conspiring to cheat homebuyers and financial institutions. The builder allegedly used false assurances and deceptive means. This caused wrongful loss to investors and banks.

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