Mumbai housing societies turn the tables on builders, drive hard bargain during redevelopment

Housing societies in Mumbai are leveraging a strong developer market to demand significantly higher compensation and additional area for redevelopment projects. These inflated expectations, often 15-25% above market rates, are driven by a 'herd mentality' and a perception of a booming market, leading some credible developers to withdraw from negotiations.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/0chIJ8l
via IFTTT

Hyderabad: Four acres land parcel in Neopolis auctioned for ₹609 crore

Hyderabad's Neopolis land auction shattered previous records, fetching an astonishing Rs 151.25 crore per acre for a 4.03-acre plot. This surge, with another parcel selling at Rs 147.75 crore per acre, has pushed the HMDA's revenue to Rs 1,352 crore in a single day. The success solidifies Neopolis as a prime real estate hub.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/0RU4oej
via IFTTT

Mindspace REIT acquires assets in Mumbai & Pune from K Raheja Corp for ₹29.2 billion

Mindspace REIT is acquiring three central business district assets for ₹29.2 billion from K Raheja Corp. The acquisition is set to enhance net operating income and distribution per unit. The deal involves properties in Mumbai and Pune, strengthening the REIT's market presence.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/jA9fb2D
via IFTTT

Ratan Tata's beach villa in Seychelles up for sale

Ratan Tata's Seychelles beachfront villa, bequeathed to his fund, is reportedly being eyed by Aircel founder C Sivasankaran for $6.2 million. Valued at Rs 85 lakh, the property's sale proceeds will fund Tata's trusts. Sivasankaran, a Seychelles citizen who aided Tata's acquisition, denies knowledge of the deal amidst his own bankruptcy proceedings.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/MOEit81
via IFTTT

SC orders ED to release V Hotels assets to Lodha Developers

The Supreme Court ordered the Enforcement Directorate to release ₹4,000 crore worth of V Hotels Ltd properties, including Mumbai's Centaur Hotel, to Lodha Developers. This ruling follows Lodha's acquisition of V Hotels through insolvency. The court's decision is conditional on Lodha having no ties to former promoters or proceeds of crime.

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

Gurugram: Ornamental Realtors faces FIR for not renewing licence

District town planner seeks FIR against Ornamental Realtors Pvt Ltd for alleged violations of its commercial colony license in Sector 61. The builder failed to meet statutory requirements, including timely renewal applications and fee deposits, and did not upload mandatory compliance documents. This action highlights the government's strict oversight of licensed colony projects.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/xFp2ltP
via IFTTT

Bankruptcy court admits Ansal API affiliate under insolvency resolution process

The National Company Law Tribunal has admitted Katra Realtors into corporate insolvency resolution. This follows an application by IL&FS Financial Services, as Katra Realtors was a corporate guarantor for Ansal API, which is also undergoing insolvency. The tribunal noted that proceedings can be initiated against both the principal borrower and the guarantor simultaneously.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/nF05qVZ
via IFTTT

Noida: YEIDA sends notices to 366 allottees over registry delay

Yamuna Expressway Industrial Development Authority (YEIDA) has issued a 10-day ultimatum to 366 plot allottees to execute lease deeds or face cancellation. This move aims to expedite industrial development, but allottees are seeking a pause on cancellations for pending 'zero-period' exemption applications, citing Authority-level delays.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/hA3z0OY
via IFTTT

Delhi plans major circle rate overhaul to align property valuation with market prices

Delhi is set to overhaul its circle rates for the first time in over a decade, aiming to align property valuations with market realities. Key proposals include a new A+ category for ultra-premium areas like Lutyens' Delhi and a complete re-evaluation of farmhouse pricing based on location and market value.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/a1oXGWL
via IFTTT

Tishman Speyer, Axis CRE tie up with Kasturi Housing for ₹1,700 crore Pune office development

Global firms Tishman Speyer and Axis Commercial Real Estate Fund are joining forces with Kasturi Housing. They will develop a Rs 1,700 crore commercial and IT office project in Pune's Balewadi. This venture will create approximately 1 million sq ft of premium office space. Tishman and Axis will hold a combined 50% stake in the development.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/d3YLNoV
via IFTTT

ATS HomeKraft repays ₹1,250 crore to HDFC Capital fund

ATS HomeKraft has successfully settled a debt of ₹1,250 crore to HDFC Capital Affordable Real Estate Fund–2, leveraging internal cash flows generated from its HCARE-2 portfolio. This collection consists of over 7,500 housing units, showcasing sales worth ₹8,000 crore.

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

Gurugram: ED attaches property worth ₹108 crore of Vatika in builder-investor case

The Enforcement Directorate has taken hold of a property worth Rs 108 crore linked to Vatika Limited. The company is embroiled in serious allegations, including investor fraud and a series of incomplete projects.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/i1YbEFD
via IFTTT

Mindspace REIT to deploy ₹4,185 crore capex for expansion

With plans to invest upwards of ₹4,185 crore in the next two financial years, Mindspace Business Parks REIT is charting a bold course for expansion from FY26 to FY28. The company is targeting double-digit increases in both net operating income and cash flow.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/qG3f8uw
via IFTTT

Sebi to engage with stakeholders to facilitate inclusion of REITs in market indices: Chairman

In a bid to revitalize the market, Sebi is collaborating with industry leaders to integrate REITs into major market indices. This strategic initiative is set to enhance liquidity for real estate investment trusts. Furthermore, the regulator is considering new policies aimed at simplifying operations for REITs and InvITs.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/J6FNLRe
via IFTTT

Japan’s Nishitetsu, Runwal Enterprises partner for ₹2,000-crore Mumbai office development

According to industry experts, for Runwal Enterprises, the partnership underscores its intent to attract institutional capital and strengthen its position in Mumbai’s premium commercial real estate segment. The company has expanded from its initial focus on affordable and mid-income housing into premium and luxury developments.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/qz6E5BK
via IFTTT

Maharashtra offers incentives to boost rental housing development in Mumbai Metropolitan Region

Maharashtra Housing Area Development Authority (Mhada) is offering significant incentives, including tax waivers and extra floor space, to developers for building rental housing in the Mumbai Metropolitan Region. This initiative aims to provide affordable accommodation for various groups and address the large number of unoccupied homes.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/u78h39F
via IFTTT

Adani Group wins lenders' nod for Jaiprakash Associate takeover

In a crucial turnaround for Jaiprakash Associates, Adani Group has clinched the majority support from lenders for a takeover offer worth Rs 14,535 crore, which brings an enticing upfront payment to the table. This strategic acquisition indicates a pivotal moment for Jaiprakash, which has been grappling with significant debt.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/ME9UJVr
via IFTTT

IBBI moots resolution gains for all affected homebuyers

The insolvency watchdog has proposed extending resolution benefits to all homebuyers of bankrupt real estate developers, regardless of claim filing. This move aims to ensure fairness and parity for thousands of allottees. Stricter disclosures, safeguards for committees without financial institutions, and documented liquidation reasons are also suggested.

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

Jaguar Land Rover leases 1.46 lakh sq ft space at Brigade Tech Gardens, Bengaluru

Jaguar Land Rover India has leased a significant office space in Bengaluru. This expansion at Brigade Tech Gardens marks a major deal driven by global capability centers. The automaker's presence in the city grows substantially. This move highlights the continued demand for specialized talent hubs in automotive research and development.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/iwRA7Ph
via IFTTT

Blackstone-backed REIT eyes Diamond Plaza mall buyout

Nexus Select Trust, backed by Blackstone, is in advanced talks to acquire Diamond Plaza mall in Dum Dum for an estimated Rs 450-600 crore. This potential acquisition follows the REIT's recent purchase of South City Mall for Rs 3,250 crore. The deal signifies Nexus Select Trust's continued expansion in India's retail real estate market, particularly in the eastern region.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/Y9Fg468
via IFTTT

Mumbai: JVPD bungalows giving way to buildings as families grow & FSI up four times

Once a tranquil enclave for Bollywood stars, JVPD is now undergoing rapid redevelopment, transforming from low-rise bungalows to luxury high-rises. This shift, driven by rising property prices and changing family needs, has led to increased density, reduced open spaces, and strained infrastructure, raising concerns about the city's unsustainable future.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/hol9vWs
via IFTTT

Noida authority issues notice to ATS Homes for Sports City delay

Noida Authority has issued a notice to ATS Homes for lease violations and delays in the Sports City project. The developer owes Rs 2,746 crore in dues. Construction is incomplete, and sports facilities remain unbuilt. This action follows court directives and a CAG audit. ATS Homes disputes the Authority's claims, citing court orders.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/Yqfo2Wc
via IFTTT

Noida authority seals three towers at Lotus Panache for ₹700 crore dues & illegal construction

Noida Authority has sealed three under-construction towers and ten commercial outlets at the Lotus Panache project. This action follows dues amounting to Rs 703 crore and illegal construction without approval. The developer, Granite Gate Properties Pvt Ltd, is undergoing insolvency proceedings. The Authority acted after the developer continued construction despite a public notice about pending dues.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/9Q2OHEn
via IFTTT

ED arrests ex-MD of Jaypee Infratech in ₹14,599 crore 'scam' case

In a significant move, the Enforcement Directorate apprehended Manoj Gaur, the former Managing Director of Jaypee Infratech, as part of a massive fraud investigation concerning ₹14,599 crore. This scandal involves the misuse of funds intended for housing projects, with allegations that home buyers' investments were misappropriated.

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

Noida authority restores rehab policy benefits to Sikka Infrastructure cancelled over ₹252 crore dues

Noida Authority granted in-principle approval to Sikka Infrastructure for legacy stalled project benefits for its Sikka Karnam Greens project. This relief is contingent on the builder withdrawing a pending revision petition and fulfilling conditions, including providing unsold units as a financial guarantee to facilitate funding from the SWAMIH Investment Fund.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/SD9fHLR
via IFTTT

Shriram Properties posts net profit of ₹8.57 crore in Q2 FY26

Shriram Properties has turned profitable, reporting a net profit of ₹8.57 crore for the quarter ending September 30, 2025. This marks a substantial improvement from a loss in the same period last year. The company saw a 47.65 percent increase in total income. Strong sales volumes and project additions are noted.

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

Bombay HC restrains developer from making additions to Tardeo twin towers

The Bombay High Court has stopped developer S D Corporation from altering its Tardeo twin towers, 'The Imperial'. Residents sued, claiming the builder planned extra flats and buildings violating the original plan. The court ruled no changes can be made without resident consent. The builder cannot use increased buildable space from slum scheme delays to add more flats.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/0Cbf2SM
via IFTTT

Germany’s Bernhard Schulte buys six floors of office space in Mumbai

Global maritime major Bernhard Schulte Shipmanagement has acquired office space in Mumbai for over Rs 304 crore. This marks a significant acquisition by an international shipping group in India. The new office will serve as the company's India headquarters. It will consolidate ship-management, crewing, technical, and digital operations. The space is scheduled for completion by December 2027.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/6wiO9du
via IFTTT

Gera Developments plans ₹16,000 crore investment across child-centric and wellness-centric projects

Pune-based Gera Developments is set to invest ₹16,000 crore in new residential projects over the next few years. The company will equally fund its child-centric and newly launched wellness-centric housing segments. This expansion aims for a 50:50 portfolio split. Gera Developments prioritizes outright land purchases for greater control and financial stability.

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

SC sets aside Bombay HC ruling & state’s move to classify numerous plots as ‘private forests’

The Supreme Court overturned a Bombay High Court ruling that allowed the Maharashtra government to classify private lands as "private forests," hindering development. The SC criticized the HC for ignoring binding precedents and procedural requirements, stating the judiciary's strength lies in discipline, not dominion. This decision allows over 14,000 hectares of land to re-enter the buildable pool.

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

NCLAT set aside insolvency proceedings against Mahagun, asks NCLT to hear again

The National Company Law Appellate Tribunal has dismissed the insolvency proceedings against Mahagun. In its directive, the tribunal has instructed the National Company Law Tribunal to reassess the situation after reviewing a new status report and following Supreme Court guidance on project-specific insolvency issues.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/kjS9Dea
via IFTTT

Mumbai: MMRDA invites bids to lease ₹1,629-crore Wadala plot

MMRDA has invited bids for a 10,860 sq m commercial plot in Wadala, with a reserve price of Rs 1,629 crore, aiming to monetize land outside the saturated Bandra-Kurla Complex. This move marks a significant step in developing Wadala as Mumbai's third central business district, boosting non-fare revenue for infrastructure projects.

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

Case against real estate developer for ₹100 crore housing fraud in Mumbai

Authorities have taken decisive action, launching a case against a real estate developer and his partners over allegations of swindling 102 individuals out of Rs 100 crore. Reports indicate that money meant for the Sky 31 housing project in Wadala was misused for personal expenditures.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/EdavYF0
via IFTTT

Land acquisition for New Noida project to begin soon

Land acquisition for the upcoming industrial township, New Noida (DNGIR), is commencing with a hybrid model involving direct purchase, mutual consent, and land pooling. Noida Authority is finalizing compensation plans for farmers across 80 villages in Gautam Budh Nagar and Bulandshahr districts, with rates influenced by proximity to the airport and existing land values.

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

Brookfield India REIT plans to acquire 7.7 million sq ft business park for over ₹13,000 crore

Brookfield India Real Estate Trust is on the verge of enhancing its business landscape with a notable asset acquisition in Bengaluru. By committing Rs 13,125 crore for 7.7 million square feet, BIRET is making its mark in a major office hub, amplifying its REIT size by more than a third.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/jslAfJ8
via IFTTT

Qualcomm India leases 2.56 lakh sq ft office space in Bengaluru

Qualcomm India has leased a significant office space in Bengaluru. This expansion adds to the technology giant's growing presence in India. The new lease at Constellation Business Park is for five years. This move highlights the strong demand for large office spaces by tech firms in India. Qualcomm continues to invest in key tech hubs across the country.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/AUTnXf8
via IFTTT

Maharashtra moves to make redevelopment projects more viable

In an effort to revitalize Mumbai, the Maharashtra government is initiating a series of amendments to the city's development regulations. This overhaul is designed to support MHADA in streamlining housing redevelopment projects, ultimately enhancing financial feasibility for builders. The proposal also includes extended benefits for tenants to ensure smooth rehousing.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/WZv0CEi
via IFTTT

Builders snap up Linking Road societies in Mumbai, offer flat owners upto ₹1 lakh per sq ft

Linking Road in Mumbai is seeing builders offer huge sums to acquire entire housing societies. These deals are for redeveloping the prime location into malls and commercial spaces. Residents are accepting these offers to move out. This trend is transforming the area into a major retail hub. Property values are soaring due to high commercial FSI.

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