Housing ministry advises four-month RERA extension for projects hit by West Asia disruption

The Ministry of Housing and Urban Affairs has advised state RERA authorities to grant a four-month extension in registration and completion timelines of eligible real estate projects. The advisory applies to projects whose completion date, revised completion date or extended completion date falls on or after February 28, 2026.

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

Innov8 founder buys Golf Links bungalow for ₹85 crore

Ritesh Malik, Innov8 founder, purchased a bungalow in Delhi's Golf Links for Rs 85 crore. This transaction marks a trend of corporate leaders acquiring upscale properties in the area. India Sotheby's International Realty facilitated this high-value residential deal for both parties. Golf Links has become a preferred destination for entrepreneurs seeking prime locations. Several other prominent figures have also bought properties in this exclusive Delhi neighborhood.

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

ED searches Imperia premises in homebuyers’ fraud case; seizes ₹50.50 lakh, luxury vehicles

The Enforcement Directorate conducted searches and surveys at eight residential and business premises linked to Imperia Wishfield, Imperia Structures, their promoter directors and the resolution professional. The investigation relates to alleged non-delivery of projects, assured-return defaults and diversion of homebuyer funds.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/4ZjXE70
via IFTTT

Vedanta to demerge real estate business into Vedanta Property Platforms

Vedanta’s board has approved a draft scheme of arrangement to demerge its real estate business into Vedanta Property Platforms. The surplus real estate portfolio comprises about 2,200 acres of land and about 55,000 sq ft of residential and commercial properties.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/fS8JcOt
via IFTTT

SC stays issuance of work order till Aug 13 in Bandra, Worli cluster redevelopment projects

The Supreme Court has temporarily halted work orders for cluster redevelopment projects. These projects involve 132 acres in Bandra Reclamation and Worli areas. Housing societies had challenged the government's decision to redevelop these lands. The apex court will hear the matter again on August 13. Until then, no work orders for the redevelopment will be issued.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/lp3wLRE
via IFTTT

Bombay HC quashes PMLA case against D B Realty, its managing director

Bombay High Court quashed a money laundering case against D B Realty and Vinodkumar Goenka. This criminal proceeding was linked to the Maharashtra Sadan construction controversy involving Chhagan Bhujbal. The court accepted arguments that transactions did not constitute proceeds of crime. The Enforcement Directorate had not challenged discharge orders for other parties in the case. This ruling effectively ends the money laundering allegations against the company and its director.

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

Lloyds Realty leases 1.82 lakh sq ft office tower in Mumbai to Smartworks

Lloyds Realty Developers has leased the entire 1.82 lakh sq ft of The Square in Andheri East, Mumbai, to Smartworks for 15 years. The transaction is expected to generate rental revenue of over ₹600 crore during the lease tenure.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/Xjb3YA1
via IFTTT

Haryana: HSVP official’s presence mandatory for registration of auctioned plots

Following a change in procedure introduced by the revenue department, the presence of an HSVP official at the tehsil office to complete the registration of sale deeds is a must.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/nTxE4Rg
via IFTTT

SC asks Parsvnath Developers to file report on pending cases against it

The Supreme Court ordered Parsvnath Developers to submit a status report on pending cases. The court also directed the firm to finish a homebuyer's dwelling unit within one week. Parsvnath Developers had previously deposited the required amount with interest with the registry. The bench warned of imprisonment if the company directors fail to comply with orders. This action follows a prolonged struggle by senior citizens for their homes.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/EUi3PFg
via IFTTT

Virat Kohli, Anushka Sharma buy ₹18.29 crore apartment in Mumbai’s Versova

Virat Kohli and Anushka Sharma have bought an apartment in Godrej Skyshore, Versova, Andheri West, for ₹18.29 crore, according to documents accessed by Zapkey. The apartment has a RERA carpet area of 245.71 sq metres, including adjacent exclusive area, and comes with three car parking spaces.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/xkiX1Lv
via IFTTT

Strata invests ₹96 crore in Chennai, Bengaluru residential projects

Strata invested ninety-six crore rupees in three residential projects across Chennai and Bengaluru. These investments target annual returns of about sixteen percent through coupon payouts. The Chennai investments support apartment and villa developments along the OMR corridor. Bengaluru saw thirty crore rupees invested in a plotted development near Devanahalli. These transactions highlight growing investor interest in private credit opportunities.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/bk7jQAi
via IFTTT

Large office deals account for 59% of leasing in H1 2026: Report

Large office transactions of 1 lakh sq ft and above accounted for 28.2 million sq ft of leasing across India’s top eight cities in H1 2026, according to Knight Frank India. Bengaluru led the segment with 10.1 million sq ft of large office transactions.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/ATiWu4I
via IFTTT

Uttar Pradesh RERA registers 143 projects worth ₹31,952 crore in H1 2026

Uttar Pradesh RERA registered 143 new real estate projects in early 2026. These projects propose 46,049 housing units with substantial capital investment. Lucknow and Gautam Buddh Nagar led new project registrations and capital inflow respectively. The state's real estate sector saw consistent growth in investments and housing supply. UP-RERA also facilitated significant recovery for homebuyers and resolved property disputes.

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

Prestige Group acquires 2.35-acre land in Mumbai's Mulund for ₹110.75 crore

The transaction was executed through Prestige Mulund Realty Pvt Ltd, which acquired the property from Shamvik Glasstech Pvt Ltd and General Glass Company Pvt Ltd. The deal was registered on July 16, with the buyer paying stamp duty of Rs 6.64 crore, according to property registration documents accessed through CRE Matrix, realty data analytics platform.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/jcGnwX5
via IFTTT

Lodha Developers’ net profit more than doubles to ₹1,373.10 crore in Q1 FY27

Lodha Developers consolidated total income increased 40.6 per cent to ₹5,096.70 crore during the quarter. Pre-sales stood at ₹4,629 crore, while collections rose 46 per cent year-on-year to ₹4,205 crore.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/9fV3aHu
via IFTTT

Bengaluru development body imposes curbs on revised building plans after OCs

Bangalore Development Authority has restricted approving revised building plans after occupancy certificates are issued. A new circular mandates owner consent for modifications where third-party rights exist. This order follows a legal challenge by residents of HM Tambourine apartment complex. The residents contested a modified sanction plan approved without their consent. This move aims to protect apartment owners' rights and development potential.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/Ry7r0TW
via IFTTT

NCLT approves Aspect JV's resolution plan for Radius & Deserve Land Developers

The NCLT approved Aspect Group's resolution plan for Radius & Deserve Land Developers. This approval concludes the company's corporate insolvency resolution process initiated in May 2023. Bharadvaja Buildcon LLP will now take over the bankrupt real estate firm. The secured creditor will receive constructed free-sale area in a slum rehabilitation project. Construction is expected to commence within twenty-five months of plan approval.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/NiPp8ez
via IFTTT

Gulshan Group to invest ₹1,000 crore in Wave City housing project

Gulshan Group has launched Gulshan Empire, a premium residential project at Wave City, with an estimated investment of ₹1,000 crore. The 5.5-acre project is expected to generate sales realisation of over ₹1,200 crore.

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

Gurugram: Orris Infrastructure, its directors booked for cheating in land agreement

Gurugram police filed a cheating case against Orris Infrastructure and its directors. Complainants allege fraud in a land agreement involving agricultural property near Manesar. The builder allegedly transferred allotted plots to third parties despite prior agreements. Legal heirs discovered plot transfers and construction on their land this year. Investigation is underway to verify facts and take legal action.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/H5WVZFT
via IFTTT

Actor John Abraham buys century-old Bandra bungalow for ₹84 crore

Actor John Abraham recently bought a historic bungalow in Bandra West for eighty-four crore rupees. This property, built in nineteen twenty-six, was owned by the DeVitre family. Abraham also purchased a Linking Road bungalow in Khar for seventy-five crore rupees last December. Many Bollywood personalities invest heavily in Mumbai real estate for personal and investment reasons. Celebrities often prefer properties in the Bandra to Andheri suburbs.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/aL960Wr
via IFTTT

Redevelopment agreement not a property receipt, so not taxable: ITAT

Mumbai ITAT ruled agreement registration does not mean property receipt. Tax cannot be levied on future property rights under anti-abuse provisions. The tribunal allowed a taxpayer's appeal against a ₹1.38 crore tax addition. Registration creates contractual rights, not actual property possession or receipt. This decision clarifies tax treatment for ongoing redevelopment projects in Mumbai.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/i710x3F
via IFTTT

ED attaches 389 properties worth ₹240 crore in Grand Venezia money laundering case

The Enforcement Directorate has provisionally attached 389 immovable properties worth ₹240.03 crore in a money laundering case linked to Bhasin Infotech and Infrastructure, Grand Venezia Commercial Towers, Satinder Singh Bhasin and others. The present market value of the attached properties is estimated to be over ₹700 crore.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/VDA7x9M
via IFTTT

SC gives Parsvnath Developers one week to deposit dues to homebuyers, warns next step is jail

The Supreme Court has given Parsvnath Developers one final week to pay homebuyers. Failure to deposit the full amount with 12 percent interest will result in imprisonment. The court expressed strong disapproval of the real estate firm and its directors. This order follows a 20-year struggle by senior citizens for their homes. The court warned that the company's directors would face jail time if non-compliant.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/l2UDYm7
via IFTTT

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.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/7bNVBse
via IFTTT

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.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/Ob0aj5l
via IFTTT

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.

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

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.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/W3uth7j
via IFTTT

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.

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

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.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/cnDu95P
via IFTTT

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.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/p5GmatL
via IFTTT

Delhi government probing into building plans cleared without IFC payment

Delhi government is investigating building plans approved without infrastructure charges. Thousands of crores in revenue loss are estimated due to this evasion. Many property owners allegedly used fake documents for approvals. The government will recover dues and may seal properties if payment is not made. This action follows a reduction in infrastructure charges by up to seventy percent.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/YpCdLh9
via IFTTT

L&T Realty buys land in Central Delhi for ₹200 crore

L&T Realty Developers has acquired a 2.5-acre land parcel in central Delhi for nearly ₹200 crore. The developer plans to construct a boutique luxury residential project on this acquired site. This acquisition follows L&T Realty Properties' earlier stake purchase in Gurugram. The existing L&T office structure will be demolished for the new residential development.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/O40GFpb
via IFTTT

UP-RERA mandates separate bank account for IFMS deposits in real estate projects

UP-RERA has notified amendments introducing a framework for collection, management, transfer and utilisation of Interest Free Maintenance Security funds. Promoters will have to transfer the entire IFMS corpus to RWAs or associations of allottees at the time of handing over common areas.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/3jAdOXW
via IFTTT

SC transfers money-laundering case involving Amit Katyal to Delhi

The Supreme Court moved Amit Katyal's money-laundering case to Delhi. This case involves alleged cheating of homebuyers in Gurugram. The Enforcement Directorate arrested Katyal last year in this matter. Investigations revealed fraudulent bookings and fund diversion by his company. This action follows allegations of duping buyers of hundreds of crores.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/PlX3esD
via IFTTT

CBI files sixteenth chargesheet against Noida builder, bank officials

The CBI filed its sixteenth chargesheet concerning alleged large-scale homebuyers' fraud cases. A Noida-based real estate company and bank officials face accusations of conspiracy. These individuals allegedly cheated buyers and investors through fraudulent and deceptive means. The investigation has unearthed substantial evidence of illegal activities and financial impropriety. The agency continues to probe thirty-three other similar cases across the country.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/uT0UcH4
via IFTTT

Haryana RERA asks Godrej to hand over delayed flats, pay interest

Gurgaon's real estate regulator ordered Godrej Highview to give possession of a flat. The developer must also pay statutory delay possession interest to the buyers. Buyers had booked the apartment in 2018, with possession due in 2023. The regulator rejected the developer's force majeure claims for further extensions. Godrej Highview is now directed to deliver the unit after obtaining the occupation certificate.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/WbH1ceQ
via IFTTT

SC freezes bank accounts of Parsvnath Developers, directors; issues warrants against its officials

The Supreme Court froze Parsvnath Developers' bank accounts and issued warrants. This action followed a twenty-year struggle by senior citizens for their homes. The court criticized Haryana authorities for failing to enforce RERA orders. This case highlights concerns about the Real Estate Act's effectiveness. The court expressed grave concern over regulatory authority inaction and potential collusion.

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

Mumbai: Politician-developer on the run after court denies bail in ₹7 crore fraud case

Shiv Sena politician Shankar Kumar Jha is now on the run from authorities. His anticipatory bail plea was rejected by the Thane Sessions Court. He faces allegations of cheating homebuyers of Rs 7.24 crore. The investigation has been transferred to the Economic Offences Wing. Jha’s current whereabouts remain unknown to the police.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/10VTmw2
via IFTTT

Produce approved, advertised drawings of Panchkula flat: Haryana REAT to DLF

The Haryana Real Estate Appellate Tribunal has ordered a realty firm and the DTCP to produce specific project drawings. This direction follows a homebuyer's challenge regarding the apartment's carpet area and pricing calculations. The tribunal also requested the occupation certificate based on the approved drawings for verification. The realty firm has disputed the homebuyer's allegations concerning the sale price calculations.

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

The Executive Centre leases 1.15 lakh sq ft office space in Delhi’s Aerocity

The Executive Centre India has leased 1.15 lakh sq ft office space at Worldmark 6, Aerocity, Delhi, from Alborz Developers. The company will pay about ₹309 crore rent over the nine-year lease tenure.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/mE2fwch
via IFTTT

MHADA 79A amendment clears legislature, revives hope for redevelopment of 13,000 old Mumbai buildings

Maharashtra's legislature has amended the MHADA Act to revive Section 79A. This amendment addresses legal ambiguities that previously halted redevelopment efforts. The state expects this change to strengthen its Supreme Court case regarding building safety. Thousands of families reside in dangerous, ageing buildings across Mumbai city. This legislative step moves forward crucial urban renewal initiatives for residents.

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

Former ASK Asset director's family buys four Mumbai apartments for ₹179 crore

Family members of Bharat Shah acquired four luxury apartments in Mumbai's Worli area. The total cost for these residences reached approximately Rs 180 crore from the developer. These four apartments are located on the 34th and 35th floors of Wing A. Registration documents show the deal includes sixteen car parking spaces. This transaction highlights continued demand for premium housing in Mumbai's prime locations.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/hCk2V5a
via IFTTT

Punjab & Haryana HC bars fresh allotments in Oberoi Realty’s Gurugram project pending DTCP decision

The Punjab & Haryana High Court has restrained IREO Group entities and Oberoi Realty from making fresh allotments or creating third-party rights in a Gurugram project until the Haryana DTCP decides a complaint by Advance India Projects. Oberoi Realty said the order does not affect existing sales or construction.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/45NuD0M
via IFTTT

ED raids builders in Delhi-NCR in 'subvention scheme' fraud case

The Enforcement Directorate conducted searches in Delhi-NCR related to a money laundering investigation. This probe is linked to alleged fraud with homebuyers concerning subvention schemes. At least five premises of three companies were raided under the Prevention of Money Laundering Act. The investigation stems from CBI FIRs filed in 2025 on Supreme Court directions. Builders allegedly diverted homebuyer funds to other projects and purposes.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/Xu7Zzms
via IFTTT

CBI files two chargesheets in homebuyers' fraud cases

The CBI filed chargesheets against Ithaca Estate and LGCL Urban Homes for cheating homebuyers. Directors and bank officials were also named in the chargesheets filed in Bengaluru. The accused allegedly made false assurances and used deceptive means to gain financial benefits. This investigation is part of a larger probe into 34 builder cases nationwide. The CBI has already filed thirteen chargesheets in these ongoing investigations.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/Yo2Q7HA
via IFTTT

Builders in Tamil Nadu can register first sale of plots, flats without visiting sub-registrar offices

Applicants will have to upload Aadhaar details of executants, claimants and witnesses, complete biometric authentication through fingerprint or iris scans, upload photographs and make payments online before digitally submitting the documents.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/TndN7zv
via IFTTT

Court denies bail to ex-director of Lodha Developers in ₹181 crore land scam

A Mumbai court denied bail to Rajendra Lodha, former director of Lodha Developers. He faces allegations of a Rs 181 crore corporate land fraud conspiracy. The court cited his pivotal role and the serious nature of economic offences. Investigations are ongoing, and a crucial auditor's report is awaited. Jail authorities will provide necessary medical care for his conditions.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/KR9YAXq
via IFTTT

India office leasing hits 24.6 million sq ft in Q2 2026: Report

India’s office market recorded gross leasing of about 24.6 million sq ft in Q2 2026, the highest quarterly absorption on record, according to CBRE. New completions stood at about 21 million sq ft during the quarter, while GCCs accounted for 42% of total office space take-up.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/dewtf2q
via IFTTT

NCLT directs Entertainment City to register minority stake in favour of Parmesh Construction

Insolvency tribunal NCLT has greenlit Parmesh Construction Company's acquisition of a 4.26% stake in Entertainment City, dismissing Unitech Holding's objections. The tribunal ruled that the share transfer by minority investors was valid, despite Unitech's claims of violated shareholder agreements. This decision stems from a broader 100% disinvestment process for Entertainment City, where Parmesh Construction emerged as the successful bidder.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/sEFj43t
via IFTTT

Mumbai: Builder arrested for alleged land-grabbing fraud in Dahisar

A Vile Parle builder, Kalpesh Kanubhai Shah, has been arrested for his alleged involvement in a massive land-grabbing scam. The fraud reportedly used forged powers of attorney and fake bank accounts to illegally acquire possession of a prime Dahisar land parcel. The scheme came to light after the Bombay High Court flagged discrepancies in property documents. Shah is in police custody as the investigation into the multi-crore land deal continues.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/oWr029D
via IFTTT

Haryana RERA directs BPTP to refund maintenance charges to allottee with 11% interest

Haryana RERA’s Gurugram bench has directed BPTP to refund ₹1.16 lakh collected as maintenance charges before handing over possession of a unit in Park Spacio, Sector 37D, Gurugram. The authority also awarded ₹1 lakh as compensation and ₹50,000 as litigation cost.

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

Signature Global evaluating senior living segment

Signature Global is evaluating opportunities in the senior living segment as part of its long-term growth strategy, though no decision has been finalised. India’s senior living market is currently estimated at $1-2 billion and may attract investments of $4.8-8.4 billion by 2030, according to Savills India.

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

Nisus Finance invests ₹70 crore in three residential projects in Bengaluru

Nisus Finance has invested ₹70 crore through its ₹1,700 crore Real Estate Special Opportunities Fund I in three residential projects being developed by Sumukha Housing in Bengaluru. The projects have a total gross development value of about ₹300 crore.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/WXyHuc7
via IFTTT

Maharashtra: New co-op housing society rules include online AGMs, 12% interest cap on maintenance arrears

Maharashtra housing societies can now hold annual meetings online, and interest on maintenance arrears is capped at 12% annually. New rules, notified Tuesday, provide a dedicated legal framework for societies, covering registration, membership, redevelopment, and financial management. These reforms aim to streamline operations and enhance governance, with model bylaws expected soon to ensure uniformity across the state.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/e0gl7Vj
via IFTTT

Godrej Properties acquires 4.95-acre land parcel in Noida for ₹331.75 crore

Godrej Properties has emerged as the highest bidder for a 4.95-acre residential land parcel in Sector 151, Noida, for ₹331.75 crore. The proposed residential project is expected to have revenue potential of over ₹2,000 crore.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/3dp2Y4v
via IFTTT