Embassy REIT's NOI up 15% in Q1 FY26, appoints Amit Shetty as CEO

Embassy REIT reported a 15% YoY increase in NOI, reaching ₹872 crore in Q1 FY26, accompanied by a total income of ₹1,080.81 crore. The company leased two million sq ft and raised ₹4,225 crore in debt. Amit Shetty has been appointed as CEO, succeeding Ritwik Bhattacharjee. Distributions of ₹5.80 per unit were declared for the quarter.

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Gurugram administration proposes steep hike in circle rates

Gurgaon residents brace for potential property price hikes as the district administration proposes significant increases in circle rates, ranging from 8% to 77% for residential areas and up to 145% for agricultural land. Upscale areas like DLF I-V could see a 10-20% rise.

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Bombay HC raps EOW for inaction, transfers builder fraud case to crime branch

The Bombay High Court moved a builder fraud case to the Mumbai Crime Branch. This action followed serious investigative failures by the Economic Offences Wing. Victims alleged a scam exceeding Rs 100 crore. The court criticized EOW's handling, citing inaction and negligence. Concerns arose over frozen accounts and untracked property transactions. The Crime Branch will now investigate the matter further.

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MahaRERA lists 1,244 projects ‘under abeyance’ in Pune district

Thousands of homebuyers in Maharashtra, particularly in Pune, are facing uncertainty as 1,244 projects are marked 'under abeyance' by MahaRERA due to lack of completion certificates or extension applications. Many individuals' investments are stuck, with some waiting over a decade for possession.

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Knowledge Realty Trust gets Sebi nod to launch ₹4,800-crore REIT-IPO

Knowledge Realty Trust, sponsored by Sattva Group and Blackstone, has secured SEBI approval for its REIT public offering, aiming to raise ₹4,800 crore. Scheduled to hit capital markets in early August, KRT is poised to become India's largest REIT by gross asset value. The company owns over 46 million sq ft of office assets across major cities.

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Data for India's founder buys plot in Vasant Vihar for Rs 113 crore

Akhil Wable of DataforIndia acquired a 1,280-square yard plot in Vasant Vihar for Rs 113 crore from Eleannt Enterprises, who had purchased it earlier this year for Rs 95 crore. South Delhi's real estate market shows considerable appetite with limited inventory and high price appreciation, with transactions in Vasant Vihar reaching Rs 9–12 lakh per sq. yd.

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Uttar Pradesh RERA recovers ₹1,410 crore for home buyers

UP-RERA has recovered ₹1,410 crore against 5,700 recovery certificates, with ₹861 crore recovered between August 2023 and July 15, 2025. Increased recoveries are attributed to monthly reviews with District Magistrates and pressure on defaulting promoters.

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