The Indian real estate industry is also expected to see a substantial increase in employment opportunities in the next five…
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Debris from Nearly 2,000 Redevelopment Projects Goes Missing in Mumbai, Civic Probe Flags Environmental Risk
A significant default in environmental compliance has come to light in the fast-paced redevelopment market in Mumbai, following a recent…
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Bangalore Development Authority Forms Panel to Probe Thanisandra Demolitions Amid Land Grab Concerns
In light of the rising concerns regarding the recent demolition drives in north Bengaluru, the Bangalore Development Authority (BDA) has…
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NCLT Forms Two-Member Panel to Address Homebuyers’ Grievances in Jaypee Infratech Projects
In a major relief for thousands of homebuyers waiting to take possession of their homes, the National Company Law Tribunal…
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Welspun Enterprises–Ashdan Properties Consortium Secures 92% Creditor Approval for Lavasa Corporation Takeover
In a major move towards the long-awaited revival of India’s first privately developed hill city project, the creditors of Lavasa…
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Delhi Rolls Out ‘Bhu Aadhaar’: Unique 14-Digit ID to Be Assigned to Every Land Parcel
In a significant move towards the digitization of land ownership records, the Delhi Government has launched the ‘Bhu Aadhaar’ scheme,…
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Sonu Sood Leases Commercial Space to HDFC Bank at ₹11.75 Lakh Monthly Rent in Mumbai
Mumbai Bollywood star and businessman Sonu Sood has rented a high-quality commercial space in Mumbai Bandra-Kurla Complex (BKC) to HDFC…
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Canara Bank Invites Bids to Sell ₹577 Crore Loan Exposure to Supreme Housing
Mumbai: Canara Bank, a state owned lender has invited bids to asset reconstruction companies (ARCs) to sell its 577 crore…
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Maharashtra Abolishes NA Tax to Boost Housing Redevelopment and Land Regularisation
Mumbai; The Maharashtra government has finally done away with Non-Agricultural (NA) tax, a long-standing levy levied on the land that…
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ED Arrests Former Director of Lodha Developers Limited in ₹85 Crore Money Laundering Case
Mumbai: In another major move in the real estate regulation environment in India, the Enforcement Directorate (ED) has formally arrested…
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