CapitaLand sells Gurugram office asset to EAAA Alternatives for ₹2,050 crore

CapitaLand has sold a major Gurugram commercial property for ₹2,050 crore. This move is part of its strategy to free up capital and invest in new areas. The company previously sold other IT park assets. EAAA Alternatives, part of Edelweiss Group, made the acquisition. This deal highlights ongoing activity in India's real estate market.

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Sundaram-Clayton to sell 16.38 acres in Chennai to Prestige–Arihant JV for ₹560 crore

Sundaram-Clayton is selling a large land parcel in Chennai to Canopy Living LLP for Rs 560 crore. This move aims to unlock value by monetising non-core assets. The deal is expected to be completed soon. Canopy Living LLP plans to develop a major residential project on the land.

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Freehold conversion restart to spur Lutyens’ Delhi property deals

A Rs 1,100-crore-plus transaction of the first official residence of the country’s first prime minister Jawaharlal Nehru at 17 York Road (now Motilal Nehru Road) in the Lutyens’ Bungalow Zone is among the deals on hold because L&DO had paused the process of converting leasehold properties to freehold.

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Wipro leases over 1.45 lakh sq ft office space in Navi Mumbai’s Mindspace Airoli

Wipro has secured a large office space in Navi Mumbai's Mindspace Airoli East. The IT major will occupy 1.45 lakh sq ft on a long-term lease. This move highlights sustained demand for cost-efficient offices in peripheral business districts. The lease agreement includes a rent-free period for fit-outs. Rentals will escalate annually. This expansion reinforces Wipro's diversified office footprint.

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Ideal Cures’ promoters buy two apartments in Mumbai’s Worli for ₹190 crore

Promoters of Ideal Cures, Suresh Pareek and Veena S Pareek, have acquired two luxury apartments in Mumbai's Worli for over Rs 190.1 crore. The combined 12,114 sq ft deal, registered on December 24, includes 10 car parking spaces and reflects continued demand for large-format premium homes from business families.

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Runwal Enterprises acquires 200 acres in Alibaug for ₹20,000-crore township

Runwal Enterprises is developing a massive Rs 20,000 crore township in Alibaug. The 200-acre project will feature residential and commercial spaces, a five-star hotel, and a golf course. This large-scale development, planned over seven years, highlights Alibaug's growing appeal as a prime destination. The company is investing Rs 9,000 crore in this ambitious venture.

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After SC order, Noida authority gives conditional OC to Sports City

Noida Authority has issued a conditional occupancy certificate for the Sports City project in Sector 150. This follows a Supreme Court order allowing work to resume after a three-year halt. The decision brings relief to thousands of homebuyers. Lotus Greens will pay dues in installments. The project aims for completion within specified timelines.

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SC asks Uttar Pradesh government for Amrapali Group's files to speed up OC nods

The Supreme Court has directed UP authorities to expedite completion and occupancy certificates for Amrapali housing projects, waiving original developer document demands. This move aims to resolve stalled projects, with a committee formed to streamline the process and facilitate flat registries for thousands of homebuyers.

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Karnataka RERA to tell builders to specify exact parking slots on sale agreement

Karnataka Real Estate Regulatory Authority (K-Rera) has finally blinked and will soon make it mandatory for builders to mention parking spaces in allotment letters and agreements for sale — an issue long flagged by flat buyers who have been having parking space-related disputes with builders. With this, accessibility-related concerns and safety and usability issues are also being addressed.

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Alkem Laboratories' founder's parents buy penthouse for ₹63 crore in Bandra, Mumbai

Satish Kumar Singh and Premlata Singh, parents of Alkem Laboratories founder Sandeep Singh, have purchased a Rs 63 crore penthouse in Khar-Bandra. This 'villa in the sky' at S Raheja’s Evergreen tower boasts exclusive terraces and a double-height living room. The deal sets a new benchmark as the costliest non-sea-facing apartment in Bandra.

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Uttar Pradesh plans to offer up to 25% discount to clear 10,000 unsold flats in Ghaziabad

The Uttar Pradesh government is offering discounts of up to 25% to clear a backlog of nearly 10,000 unsold flats in Ghaziabad. New guidelines aim to standardize pricing and reduce costs, with additional rebates for prompt payments. Premium charges for desirable units have also been capped.

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