RLDA to lease out Bengaluru’s Yeshwantpur colony land for residential project

Rail Land Development Authority plans to lease railway land in Yeshwantpur for residential apartments. This 99-year lease aims to generate revenue and redevelop the existing railway colony. The project involves building private apartments alongside redeveloped staff quarters. Developers have until March 18 to submit bids. Separately, 169 trees will be felled at SMVT for a sick line project.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/4VGlyD7
via IFTTT

Google expands Bengaluru footprint, secures rights to 2.6 million sq ft at Alembic City

Google is significantly expanding its presence in Bengaluru's Whitefield, securing rights to approximately 2.6 million square feet at Alembic City. This move highlights the tech giant's sustained commitment to the region, with the landlord obligated to reserve additional office blocks exclusively for Google.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/85JLO2V
via IFTTT

NCLAT directs withdrawal of the insolvency against Mahagun as parties arrives settlement

The National Company Law Appellate Tribunal (NCLAT) has ordered the withdrawal of insolvency proceedings against realty firm Mahagun. This decision follows a settlement reached between Mahagun (India) and its financial creditor, IDBI Trusteeship, on February 12, 2026.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/lIR0B3Y
via IFTTT

Circle rates in Delhi to be revised to align with property market trends

The Rekha Gupta government is undertaking a comprehensive revision of property circle rates, the first in years, to align them with market trends. While premium areas see modest hikes, sharper increases are proposed in mid- and lower-segment zones where market values significantly exceed current rates. This recalibration aims to rationalize valuations and boost revenue collection.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/mPLJeCY
via IFTTT

Real estate tribunal stays MahaRERA chairperson’s order

The Maharashtra Real Estate Appellate Tribunal has put a hold on a MahaRERA chairperson's order concerning a flat buyer's complaint. The tribunal also called for an investigation into the issuance of two different versions of the same order. This action follows an appeal against the chairperson's decision to set aside previous orders.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/uecj3F9
via IFTTT

Delhi RERA directs NBCC not to take coercive action against Rajeshwari Realty

The order was passed by a bench comprising Chairperson Anand Kumar and Member Devesh Singh. During the hearing, counsel for both sides informed the Authority that NBCC has already filed an appeal with REAT, but no stay has been granted to date. The appeal is listed for hearing on March 9, 2026.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/60QW5TN
via IFTTT

Maharashtra forms panel to examine TDR relief for properties facing redevelopment hurdles

Maharashtra government has formed a 12-member committee to re-survey river flood lines across the state, including Pune and Pimpri Chinchwad. The panel will review existing norms and suggest amendments to the UDCPR for TDR utilization on properties built before the 2009 flood line demarcation. This move aims to resolve redevelopment hurdles for numerous properties.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/IcoOvb6
via IFTTT