The Competition Commission of India (CCI) has granted in-principle approval to Adani Group's proposal to acquire debt-laden Jaiprakash Associates Ltd (JAL), subject to the group securing a bid in the ongoing insolvency resolution process. The clearance comes following a Supreme Court ruling mandating competition watchdog approval before any resolution plan is put to vote by creditors. Alongside Adani, Dalmia Bharat has also secured regulatory approval, while several other companies, including Vedanta Group, Jindal Power, and PNC Infratech, have applied for permission to submit their respective plans.Read more

UP RERA has launched a weekly initiative called RERA Samvaad to interact directly with homebuyers and address their concerns over delayed possession, pending complaints, and legal remedies. The regulator stated that complaints will be treated with priority and strict action will be taken against non-compliant developers. Scheduled every Saturday, the initiative seeks to build greater transparency, accountability, and consumer trust in the real estate sector.Read more

The Bhendi Bazaar redevelopment by the Saifee Burhani Upliftment Trust has focused on transforming lives alongside modernising infrastructure. Families who once endured congested and unsafe living conditions are now moving into safer, greener, and more dignified homes. Children gain access to open play zones, women step into secure and functional spaces, and communities benefit from sustainable design elements such as rainwater harvesting, solar lighting, and tree-lined boulevards, creating a more liveable environment.Read more

Suraj Estate Developers Limited, a prominent South Central Mumbai-based real estate firm, has acquired a land parcel at N.M. Joshi Marg, Lower Parel, for INR 6.44 crores, inclusive of registration and stamp duty. The plot will be merged with its adjoining Ambavat Bhavan project to form a consolidated land bank, enabling a premium residential development with an estimated GDV of INR 130 crores. Positioned under DCPR 33(7), the scheme will feature optimised layouts, enhanced frontage, and extensive parking, catering to the value-luxury housing demand in Mumbai's Lower Parel micro-market.Read more

The LIFE Mission housing project in Wadakkancherry, Kerala, faced delays and poor construction quality. NIT Kozhikode has recommended structural repairs and retrofitting to make the existing buildings usable. The Kerala government has submitted this report to the High Court, which will decide on the project's next steps. The outcome will determine whether construction can resume and the housing can be delivered to the 140 beneficiary families.Read more

Chamarajanagar Zilla Panchayat's 2024-25 housing survey uncovered 35,050 houseless families and 4,471 site-less families across the district. Conducted using GPS verification and physical site inspections, the survey found the highest numbers in Chamarajanagar and Gundlupet taluks. The findings also highlighted social distribution, including Scheduled Castes and Tribes. Families without sites face challenges in constructing homes despite prior allotments. The Panchayat has recommended government-backed housing schemes for these families, awaiting state-level approval.Read more

Janardhan Kompally, Founder and CEO of Makuta Developers

Janardhan Kompally, Founder and CEO of Makuta Developers, says high-rises define modern India as cities grow vertically to meet urban demand. He believes a building's value lies in how it ages, stressing sustainability, ventilation, green spaces, and energy efficiency as key to long-term livability. Founded in 2016, Makuta has delivered premium projects in Hyderabad and Vikarabad, using tools like BIM, smart façades, and high-performance materials to ensure quality. Sustainability is embedded from design through local sourcing, passive cooling, and eco-friendly finishes.Read more

My Home Constructions has named Abhishek Kapoor as its new Chief Executive Officer, signaling a major push for market expansion. Kapoor, the former CEO of Puravankara Limited, is tasked with spearheading the company's entry into the competitive markets of Bengaluru, Chennai, and Mumbai. This appointment aligns with the company's plans to deploy over USD 2 billion into new projects, including warehousing and industrial parks. Kapoor's proven track record of driving significant operational turnarounds at his previous firm is expected to be a key asset in leading My Home's ambitious growth strategy.Read more

The Enforcement Directorate (ED) has filed a chargesheet against Gurugram-based realty firm Krrish Realtech Private Limited and its promoter, Amit Katyal, for allegedly diverting INR 205 crore of homebuyers' funds to a hotel project in Colombo, Sri Lanka. The ED's investigation, which is based on an FIR from Delhi and Gurugram Police, found that the company had collected over INR 500 crore from more than 400 customers for a project that was never completed. The diverted funds were funneled through a complex network of shell companies, highlighting a systematic fraud that has been under investigation since 2023.Read more

The global luxury rental market is experiencing a modest recovery, with average rental growth reaching 3.5% in the second quarter of 2025, according to Knight Frank's Prime Global Rental Index. Indian investors are increasingly looking to stable gateway cities like London, New York, and Singapore as prime investment destinations. This renewed interest is driven by a combination of factors, including a shortfall in new construction, a global return-to-office trend, and consistent international demand. These cities have shown resilience and strong long-term growth, making them an attractive option for diversifying investment portfolios.Read more

The Enforcement Directorate (ED) has arrested Amit Ashok Thepade, the director of Pune-based Galaxy Constructions, in a high-profile bank loan fraud case involving Canara Bank amounting to INR 117.06 crore. Thepade, who had been evading authorities for a prolonged period, was apprehended at a five-star hotel in Mumbai. The ED's investigation, which stemmed from a CBI FIR, revealed that Thepade's companies obtained credit facilities by allegedly double-mortgaging properties that had already been sold, and then siphoning off the funds for personal use.Read more

Mr. Aditya Kushwaha, CEO and Director, Axis Ecorp.

Goa, long known for its beaches and laid-back lifestyle, is witnessing a new phase of real estate activity with the upcoming Goa-Mumbai Expressway set to change the way second homes are owned and enjoyed. The improved connectivity is expected to cut travel time nearly by half, making frequent visits practical and boosting both lifestyle appeal and investment potential. This shift is reshaping buyer demographics, spurring fractional ownership, and bringing lesser-known coastal villages and hinterlands onto the second-home map.Read more

Mr Aditya N Shah, Director, Mayfair Housing

Mumbai, the country's financial capital and most populous city, is preparing for large-scale redevelopment to address ageing infrastructure and rising population demands. With predictions of increasing urban GDP contribution and growing need for office and housing space, cluster redevelopment under DCPR 2034 has been positioned as the solution. By incentivising developers with higher FSI and focusing on sustainability, the city aims to modernise neighbourhoods while ensuring inclusivity, affordable housing, and long-term urban resilience.Read more

In one of Mumbai's latest high-value real estate transactions, Mr. Pradeep Gupta, the Co-founder & Vice-Chairman of Anand Rathi Wealth, and his wife have purchased a luxury apartment in the prestigious 'Three Sixty West' project in Worli for INR 131 crore. The deal, which was registered on August 20, 2025, reflects the soaring demand for ultra-premium properties in the city. The apartment, located on the 55th floor, is part of a mixed-use project developed by Oberoi Realty and also houses The Ritz-Carlton Hotel, solidifying Worli's status as a key destination for Mumbai's affluent.Read more

The Chandigarh administration has mandated the installation of a firefighting system in the Dhanas Rehabilitation Colony, home to over 45,000 residents. Despite being constructed 13 years ago, the colony lacks the necessary fire safety infrastructure, violating the National Building Code (NBC)-2016. The Chandigarh Housing Board (CHB) has been instructed to initiate the installation promptly and report progress within a month. This decision follows concerns raised by residents and the administration's environment department regarding the colony's fire safety measures.Read more