GMADA Slaps Rs 7,845/sq yd Charges on IT City Allottees
GMADA imposes Rs 7,845 per square yard enhancement charges on IT City allottees, sparking resentment. Similar charges previously led to a 2.5-year agitation in Sectors 76-80.
Category : Real Estate
Brookfield Firm Renews Bank Guarantee for IL&FS Office Bid
Chronos Properties, backed by Brookfield, has renewed a ₹148 crore bank guarantee to remain eligible in the acquisition race for IL&FS's flagship Bandra Kurla Complex office property, following NCLAT directives.
Sahil Vora's Smart Approach to Future-Proof Real Estate
Sahil Vora introduces a smarter approach to real estate by designing buildings that are sustainable, technologically advanced, and adaptable for decades ahead in India's evolving market.
Real Estate Seeks Policy Continuity in Budget 2026
Industry leaders call for targeted fiscal measures, infrastructure spending, and regulatory reforms in upcoming Budget 2026 to sustain growth across residential, commercial, and mixed-use projects.
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Hotel Apartments Near Yadadri: ₹36L Investment, ₹20K Monthly Income
GVRR offers hotel studio flats near Yadadri Temple starting at ₹36 lakhs for 1 BHK, promising monthly rental income of ₹20,000-₹32,000. The project features 575 units with modern amenities and professional management.
Saudi Arabia Opens Property Market to Foreigners Digitally
Saudi Arabia's Real Estate General Authority has officially launched a digital platform allowing non-Saudis to own property, marking a significant shift in the Kingdom's real estate regulations and economic strategy.
Chahal Named Chairman of Mumbai Police Housing Project
Maharashtra government appoints Iqbal Singh Chahal as chairman of the Mumbai Police Housing Township Project, a MoS-rank post, to oversee construction of 40,000 residences for police personnel.
Budget 2026: Make-or-Break for Housing, Real Estate Expectations
As Budget 2026 approaches, India's real estate sector anticipates pivotal policy shifts. Experts highlight demands for tax relief, affordable housing boosts, and infrastructure funding to revive growth.
Noida Authority Faces SIT Queries on Engineer's Death
Noida Authority officials spent Thursday responding to an SIT questionnaire investigating the drowning death of software engineer Yuvraj Mehta in a waterlogged pit, focusing on road safety lapses and development compliance.
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LDA Seals Hussainabad Food Court Over Financial Dues
The Lucknow Development Authority has sealed the Hussainabad food court after detecting financial irregularities. The private operator failed to deposit lease amounts totaling nearly Rs 93 lakh, leading to the closure of all commercial activities.
Home Loans for House Construction: Eligibility & Tax Benefits
A comprehensive guide on availing home loans for house construction, covering eligibility criteria, disbursement processes, and crucial tax benefits under Sections 80C and 24(b) of the Income Tax Act.
Railways Approves Rs 4,100 Crore Bengaluru Airport Rail Link
Indian Railways has approved a Rs 4,100 crore suburban rail link connecting Bengaluru city to its international airport, with a completion deadline set for 2030 to enhance urban connectivity.
Khapri Railway Station Nagpur Rs4 Crore Upgrade
Central Railway plans a comprehensive Rs4 crore upgrade for Nagpur's Khapri station, focusing on passenger safety, comfort, and infrastructure improvements including platform revamps and drainage systems.
CHB May Auction Land to Private Developers in Chandigarh
The Chandigarh Housing Board is contemplating auctioning land parcels to private developers, marking a significant departure from its original mission of providing affordable housing to residents.
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Ahmedabad Road Project Halted Over Footpath Design Row
A Rs 100 crore road development project in Ahmedabad's Law Garden and Mithakhali areas has been suspended following public protests over footpath widths. The standing committee has halted all work until a new Footpath Policy is approved.
Bhopal Metro Struggles With Just 300 Daily Riders
Bhopal Metro faces severe underutilization with only 300 daily passengers, far below capacity. Design flaws, lack of digital systems, and comparison with Indore's success highlight challenges.
Him Chandigarh City: 3,428 Bighas Land Allocated for Housing
Himachal Pradesh allocates 3,428 bighas for housing in Him Chandigarh City at Baddi, with 5,000-6,000 bighas identified from common pool. Drone survey and land consolidation planned.
BDA Reclaims 30 Guntas Land in Kengeri, Bengaluru
The Bengaluru Development Authority has successfully reclaimed 30 guntas of prime land in Kengeri, valued at approximately Rs 35 crore, marking a significant enforcement action against encroachments.
Chennai's New 4-Lane Bridge Opens on OMR
Chief Minister M K Stalin inaugurated a 60 crore vehicular overbridge at Okkiyam Madavu on Old Mahabalipuram Road, replacing a narrow crossing to improve traffic flow and flood resilience.
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AP Govt to Revise Urban Land Values from Feb 1
The Andhra Pradesh government has proposed revising land market values in urban areas effective February 1, aiming to align official rates with actual transaction prices amid financial concerns.
Vizag Land Prices Soar 50% After Google, IT Investments
Land prices in Visakhapatnam's outskirts surge 40-50% after Google's $6B data center and other IT investments, sparking real estate boom across Vizag, Vizianagaram, and Anakapalle districts.
PMC Proposes 31 New Vending Zones in Patna with RCC Construction
Patna Municipal Corporation announces plan to build 31 new vending zones across six municipal circles using reinforced cement concrete instead of steel, aiming to streamline street vending and improve urban infrastructure by 2027.
NAREDCO Seeks Industry Status, Tax Breaks for Real Estate
NAREDCO demands industry status for real estate, higher home loan interest deductions, and revised affordable housing definition in the upcoming Union Budget to boost sector growth.
New Four-Lane Highway to Transform Eastern UP Connectivity
A new four-lane highway project is set to revolutionize connectivity in Eastern Uttar Pradesh, enhancing regional development and economic growth through improved infrastructure.
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How Home Buyer Preferences Are Reshaping Housing in 2026
A detailed analysis reveals how evolving home buyer preferences in India are fundamentally reshaping the housing market for 2026, with a strong shift towards sustainability, technology, and community living.
Delhi's Super Bazar in Connaught Place to Get NDMC Makeover
The New Delhi Municipal Council announces a major revamp for Delhi's historic Super Bazar in Connaught Place, part of a broader 2026 redevelopment plan to modernize the iconic commercial hub.
97,000 Mumbai Families Rehoused in Major Rehabilitation Drive
The Mumbai Metropolitan Region Development Authority has successfully rehabilitated 97,000 project-affected families, providing them with new homes and marking a significant achievement in urban development.
Mumbai Metro Line 3 Safety Certification Expected Soon
The crucial safety certification for Mumbai Metro Line 3 is anticipated to be granted by late January or early February, marking a significant step towards its operational commencement.
Housing Sales Up 15% in Bengaluru, Hyderabad, Chennai
Primary housing markets in Bengaluru, Hyderabad, and Chennai recorded a 15% increase in sales last year, according to a report by real estate consultant PropTiger.
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Budget 2026: Realtors Seek Cheaper Land, Tax Relief for Housing
Real estate developers are urging the government to reduce land costs and provide tax relief in Union Budget 2026 to boost affordable housing projects across India.
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