The Gujarat Real Estate Regulatory Authority (GujRERA) has appealed to the state Urban Development Department (UDD) for assistance in completing the halted World Trade Centre (WTC) project at GIFT City. The project, initiated in 2014-15, aimed to construct four towers; however, only two were completed before construction ceased. The project's promoter was arrested by the Enforcement Directorate on charges of real estate fraud, leaving investors' funds locked. The association of allottees has expressed its inability to complete the project, prompting GujRERA's request for state intervention. This marks the first instance of GujRERA seeking such intervention for a stalled project.Read more

Window Magic has been appointed to provide uPVC and aluminium windows and doors for the Sarojini Nagar redevelopment project in New Delhi. The plan includes building 86 high-rise GPRA towers spread over 107 acres, with more than 4,000 homes for central government employees. The project is being executed by Varindera Construction and Girdhari Lal Construction under the Central Government Residential Project framework. Alongside housing, the development will feature essential facilities such as schools, a library, a community hall, and a police station, making it a self-contained urban space.Read more

In a high-value real estate transaction, Heena Lalwani, a promoter of Aatman Innovations Private Limited, has purchased a luxury apartment in Juhu, Mumbai, for INR 113.42 crore. The 9,862 sq. ft. property, located in the prestigious Avalon Tower by Lodha Developers, was registered on August 18, 2025. This deal, along with a similar high-ticket purchase in the same building earlier this year, highlights the continued demand for luxury properties in Mumbai's prime localities.Read more

The Delhi State Consumer Disputes Redressal Commission has ordered Parsvnath Developers to pay INR 5.5 lakh in compensation to a homebuyer for a significant delay in delivering a flat. The ruling, which references a Supreme Court precedent, highlights the developer's failure to meet its contractual obligations and holds it accountable for deficiency in service and unfair trade practices. The commission's decision not only awards compensation but also mandates the immediate handover of the flat.Read more

Maharashtra Revenue Minister Chandrashekhar Bawankule has directed the Brihanmumbai Municipal Corporation (BMC) to suspend demolition drives and cease issuing notices regarding unauthorized constructions in North Mumbai until the conclusion of the Ganesh festival. The decision aims to alleviate public anxiety during the festive period. However, the minister emphasized that individuals involved in creating fraudulent construction documents would face strict legal action.Read more

Aawas Yojana has appointed Ankit Sharma as Director International Community Engagement & Public Confidence. He is tasked with leading more than 2,500 housing awareness drives across India to reach 1.5 crore citizens by 2027, while creating 3.5 lakh jobs in related sectors by 2028. Alongside this, Sharma will focus on engaging the global diaspora through 10 dedicated platforms across the UK, Middle East, US, and Australia by 2026. These initiatives are expected to bring INR 25,000 crore in NRI housing investments by 2030 and contribute INR 1.2 lakh crore to India's housing economy.Read more

The Panvel City Municipal Corporation (PCMC) has extended its property tax amnesty scheme until September 30, 2025. This decision, influenced by a protest rally from opposition parties, offers a 90% fine exemption until September 15, and a 75% rebate from September 16 to September 30. The extension replaces a four-tier system and aims to recover a significant portion of the INR 1,842 crore in outstanding property tax dues, which represents 47% of the civic body's 2025-26 budget.Read more

The Kerala state cabinet has approved a loan of INR 1,500 crore from the Housing and Urban Development Corporation (HUDCO) through the Kerala Urban and Rural Development Finance Corporation (KURDFC) to fund the LIFE Mission housing scheme. The loan, spread over two years, will finance the construction of over 127,000 houses for homeless and landless families, with priority for Scheduled Caste and Scheduled Tribe beneficiaries. Alongside, the government has announced welfare measures such as Onam gifts for elderly tribal members and the creation of new teaching posts in nursing colleges to strengthen social support and education in the state.Read more

The Varanasi Development Authority (VDA) recently allocated 82 houses under the Pradhan Mantri Awas Yojana (PMAY) using a transparent lottery system. The lottery, conducted at the Girija Devi Cultural Complex in Chowkaghat, saw 642 beneficiaries competing for homes in Harhua and Kurhua villages. The process was carried out in the presence of senior officials, including VDA Vice-Chairman Pulkit Garg and Additional District Magistrate Vandita Srivastava, ensuring fairness. This initiative reflects the government's continued focus on providing affordable housing and upholding transparency in allocation.Read more

The Department of Town and Country Planning (DTCP) in Gurugram has issued a show-cause notice to Experion Developers Pvt Ltd and the Windchants Condominium RWA for violating the approved layout plan. Key issues include converting fire tender paths into green areas and selling setback land meant to remain vacant. The DTCP has asked both the developer and the RWA to correct the violations and submit a detailed explanation along with relevant documents by early September, warning that non-compliance could trigger legal action and licence cancellations.Read more

Realty firm NeoLiv has acquired a 17.5-acre land parcel in Khopoli within the Mumbai Metropolitan Region (MMR) for the development of a new housing project. The company plans to invest INR 150 crore to build a residential project featuring approximately 180 plots and villas. This new acquisition marks NeoLiv's third project, following successful ventures in Kundli-Sonipat, Haryana, and a luxury housing project in Alibaug. The company, founded by former Godrej Properties CEO Mohit Malhotra and other industry experts, is backed by a SEBI-regulated AIF Fund to ensure financial security for its customers.Read more

The Haryana Real Estate Regulatory Authority (H-RERA) has ordered Ocean Seven Buildtech Pvt Ltd to compensate homebuyers of the OSB Expressway Towers project in Sector 109, Gurugram, with an annual interest rate of 11.10% due to extensive delays in possession. The developer has been directed to settle the compensation within 90 days and clear any pending dues within 60 days. The authority also prohibited the builder from levying additional charges beyond the builder-buyer agreement.Read more

Goa Police have intensified tenant verification in the first half of 2025, conducting 471 drives, more than double the 236 carried out in 2024. This initiative, under the 'Know Your Neighbour' program, ensures tenant, servant, and foreigner information is verified to enhance safety. Landlords are required to fill verification forms, which are cross-checked with native police stations. Surprise inspections have been conducted to ensure compliance. While no crimes have been directly detected, authorities believe these efforts prevent potential risks and are moving toward an online system to make the process more efficient.Read more

Sattva Group has partnered with Aurm to introduce bank-grade vaults within luxury residential projects, creating what they call a "legacy layer" for secure, insured asset storage at home. With India's gold holdings exceeding 25,000 tonnes and bank lockers often oversubscribed, the initiative offers residents 24x7 biometric access, robotic retrieval, and insurance cover up to INR 1 crore per locker. Aurm has already installed 5,000+ lockers across 20 communities, maintaining high occupancy. The first Sattva project to feature the technology will be Vasanta Skye near Bengaluru airport, with more launches planned.Read more

Landmark Group has committed an investment of INR 400 crore for the construction of a new premium housing project in Gurugram. The development, named Landmark SKYVUE, will feature 240 apartments across a four-acre site in Sector 103, close to the Dwarka Expressway. The group has owned the land since 2009 and has already cleared all government-related approval charges. Construction will be financed through internal accruals, bank loans, and advances from buyers.Read more

In a landmark victory for homebuyers, the Sampada Livia project in Greater Noida has been revived after being stalled for a decade. The Greater Noida Industrial Development Authority (GNIDA) has granted the SLB Welfare Association, a body of homebuyers, permission to complete the project, making it a unique example of a citizen-led revival. This institutional support, sanctioned under the Uttar Pradesh government's new Legacy Stalled Real Estate Projects Policy, provides a lifeline for hundreds of families who invested in the project. The association, after years of legal battles that reached the Supreme Court, has taken control of the construction and aims to deliver the long-awaited flats by 2026.Read more