The Securities and Exchange Board of India (SEBI), along with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), has waived fines imposed on Unitech Ltd. for non-compliances carried over from its previous management. BSE had levied INR 3.3 crore and NSE INR 3.5 crore in penalties. Following this, Unitech's shares will move from restricted categories to actively traded segments on both exchanges. The move is expected to improve liquidity, investor confidence, and support the company's ongoing efforts to resolve legacy issues and complete stalled projects.Read more

Bollywood actor Pankaj Tripathi, along with his wife Mridula and daughter Aashi, has purchased two apartments in Mumbai's Andheri West and Kandivali West areas for a combined total of INR 10.85 crore. The first property, in Seabliss, Andheri West, spans 2,372 sq ft and was bought by Pankaj and Aashi for INR 9.98 crore. The second, in Aashapura Heritage, Kandivali West, measures 425 sq ft and was purchased by Mridula and Aashi for INR 87 lakh. Both transactions included stamp duty and registration charges and were finalized in July and early September.Read more

The Maharashtra government has moved to convert the 6.4-hectare seafront Worli Dairy plot in Mumbai for commercial use. On September 25, the Urban Development Department issued a notification reclassifying the land under DCPR 2034 from residential to commercial, while inviting public objections. The long-unused site-housing the defunct government dairy, staff quarters, and commissioner's office-had earlier been earmarked for research or civic projects. In January 2024, the MMRDA sought control to redevelop the land as a mixed-use node, with CM Devendra Fadnavis approving draft proposals this April. The latest notification paves the way for private leasing and high-value commercial development on this prime coastal parcel.Read more

Vapi in South Gujarat has been gaining attention as a fast-developing residential destination, driven by strong infrastructure, industrial growth, and proximity to major cities. With the Mumbai-Ahmedabad bullet train project promising to reduce travel time significantly, coupled with its location on NH-48 and the Delhi-Mumbai Industrial Corridor, the city offers strategic advantages. Its affordable housing market, thriving industrial base, and improving civic amenities have made it attractive for both residents and investors from Gujarat as well as Maharashtra.Read more

Signature Global (India) Ltd. has entered into a partnership with WRI India to pilot innovative dust mitigation strategies at its Daxin project site. The initiative aims to address construction-related emissions that contribute significantly to air pollution in the National Capital Region. By deploying low-cost sensors to track the effectiveness of on-ground practices, the company intends to demonstrate how data-driven solutions can strengthen dust control, safeguard health, and guide policy interventions.Read more

Smartworks Coworking Spaces Ltd has introduced SmartVantage, a tailor-made solution for setting up large Global Capability Centres (GCCs) in India. The offering includes whole-building campuses of over 500,000 sq. ft., customised to client needs, with delivery timelines as short as 60 days. Backed by a 12 million sq. ft. portfolio across 14 cities, Smartworks ensures multi-city continuity and scalability. Founder Neetish Sarda highlighted the importance of speed, flexibility, and comprehensive support. Through curated alliance partners, SmartVantage also provides legal, tax, compliance, talent, and operational services, positioning Smartworks as a one-stop enabler for foreign enterprises and strengthening its leadership in India's GCC ecosystem.Read more

Signature Global has entered into a collaboration with WRI India to carry out a pilot study focused on reducing construction-related air pollution. The company, which has already introduced several dust mitigation initiatives such as air quality sensors, water sprinkling, site staff training, and covering materials, stated that the study would reinforce its current measures. The pilot project will take place at the company's Daxin development, where low-cost sensors will be installed to evaluate and enhance the effectiveness of dust control strategies.Read more

Property registrations in the Mumbai municipal region rose significantly during the past month, driven by strong festive demand. According to Knight Frank India, the city recorded 12,070 property registrations, representing a 32 per cent year-on-year increase compared with the same period last year. Maharashtra government data indicated that stamp duty collections also increased, reaching INR 1,292 crore, with residential transactions forming the bulk of the registrations.Read more

Hiranandani Communities, led by Dr Niranjan Hiranandani, has launched Hiranandani Sands, India's largest integrated coastal township in Alibaug, with a topline of INR 17,000 crore. Spread across 225 acres, the project features luxury homes, villas, plotted residences, serviced apartments, five hotels, a convention centre, wellness hub, yacht club, and one of Alibaug's biggest water sports hubs. Sustainability measures include a 27-acre reserve forest and proximity to wetlands. The first phase, comprising 330 units across three towers, sold out at launch, generating INR 450 crore. Backed by infrastructure upgrades like Atal Setu, Ro-Ro ferry links, and Navi Mumbai Airport, the township positions Alibaug as a luxury real estate hub.Read more

Pune-based Panchshil Realty has acquired Capgemini's Knowledge Park in Airoli, Thane, near Mumbai, for INR 550 crore. Spread across 15.38 acres, the campus includes five commercial buildings, a training centre, utility buildings, a visitors' plaza, three cafes, and a guest house. The property hosts offices for several technology firms, including Here Technologies, GEP, Atos Global IT Solutions, and Solcen Technologies. The deal, registered on September 17, 2025, is among the largest commercial real estate transactions in the Mumbai Metropolitan Region this year and adds to Panchshil's expanding footprint in the city.Read more