Delhi: Seelampur, Sultanpuri and Lajpat Nagar JJ clusters set for redevelopment

The Delhi Urban Shelter Improvement Board is launching a redevelopment project for jhuggi-jhopri clusters via public-private collaborations. This entails hiring a transaction adviser for feasibility assessments and choosing a private developer to spearhead the project. The goal is to elevate living standards for slum inhabitants while optimizing land use.

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DLF enters collaboration for 7.48-acre Gurugram land

DLF has entered into a collaboration for a fresh 7.48-acre parcel adjoining its existing land in Sector 61, Gurugram, taking the contiguous site to about 36 acres. The company aims to conclude the transaction by Q4 FY27 and is also preparing residential launches in Mumbai and DLF Phase 4.

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Mumbai: FIR filed against Royal Palms' developer for failing to hand over 349 slum rehabilitation homes

An FIR has been lodged against the developer of Royal Palms for failing to deliver 349 tenements, as the redevelopment project has languished for over 30 years, initially intended for slum rehabilitation. Residents of the constructed buildings are now grappling with problems linked to unauthorized structures that lack occupancy certificates.

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DLF’s net profit rises 10% to ₹1,301.35 crore in Q2 FY27

For the quarter that ended on September 30, 2026, DLF has declared a consolidated profit after tax amounting to ₹1,301.35 crore. The total income of the company rose slightly by 1.6% to ₹2,297.30 crore, bolstered by new sales bookings that reached ₹3,800 crore. Despite returning roughly ₹1,980 crore to shareholders as dividends, DLF boasts a strong net cash position of ₹15,084 crore.

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Delhi HC denies anticipatory bail to Nayan Raheja in enforcement directorate case

The Delhi High Court has denied anticipatory bail to real estate mogul Nayan Raheja, citing his lack of cooperation with the Enforcement Directorate. Raheja's failure to respond to multiple summonses has raised concerns, leading to the conclusion that custodial interrogation is essential for probing the serious allegations of money laundering linked to substantial amounts from homebuyers, highlighting persistent issues in the business sector's ethical conduct.

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Birla Estates in advance talks to buy 10-acre plot in Noida for ₹1,000 crore

Birla Estates is in talks to acquire a 10-acre site in Noida from the Shipra Group for Rs 1,000 crore. The company intends to build a luxury residential development on this prime land in central Noida. This follows Birla Estates' recent collaboration with Sikka Group on another project in Greater Noida.

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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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