Smartworks leases over 1,100 seats to L&T Technology Services in Pune

Smartworks has expanded its engagement with L&T Technology Services by adding over 1,100 seats in Pune. The Pune expansion is expected to generate rental revenue of about ₹55 crore over 60 months.

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Regime change lifts hopes of real estate builders in West Bengal

West Bengal's new govt is expected to boost real estate activity significantly. Developers anticipate land reforms, including the repeal of a key act, to unlock development. Investment commitments exceeding ₹28,000 crore have already been secured by the state. Enhanced connectivity and swifter government approvals will further accelerate sector growth.

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Bombay HC warns against illegal home modifications, directs state to frame guidelines

“Large-scale unauthorised constructions cannot be permitted to continue merely because similar illegalities have been committed by several persons,’’ the bench said, while directing Panvel Municipal Corporation (PMC) to order immediate demolition of an illegal enclosure of open-to-sky terraces and an 800 sq ft illegal room constructed in a Kalamboli building.

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CBI files chargesheet against Ozone Urbana in homebuyers' fraud case

The CBI filed its 17th charge sheet in the scam before the Special Court in Bengaluru against the builder for "alleged fraudulent activities" relating to a housing project situated in the city, they said.

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Government proposes mandatory energy ratings for large buildings above 20,000 sq metres

Mandatory energy performance ratings are set to be introduced for sizable commercial buildings over 20,000 square metres in India. This pivotal move aims to elevate energy efficiency within the burgeoning building industry, allowing the government to standardize evaluations and promote superior building designs. Consequently, consumers will have the opportunity to assess and compare energy efficiency ratings across various properties.

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Notandas Realty directors acquire Juhu bungalow Villa Wilson for ₹135 crore

The property is spread over a 1,038.50-sq-metre plot and is located near Amitabh Bachchan’s bungalow Jalsa. It is the directors’ second bungalow acquisition in Juhu in 2026.

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Ranchi I-T surveys detect ₹50 crore undisclosed income at realty groups

The Income Tax investigation wing has detected undisclosed income worth Rs 50 crore. Surveys were conducted on five premises of Panache Realtors and Dayanand Modi Group. I-T teams are analyzing documents and digital data, including chats related to cash transactions. Partners of both real estate groups are currently being questioned by authorities. Tax evasion was allegedly found in Rosewood apartment projects in Lalpur.

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