The Mumbai Building Repairs and Reconstruction Board has scheduled a final hearing for 11 transit tenement applicants on March 6, after none attended the initial session on February 27. Despite several notice attempts, including registered post, personal delivery, and public advertisements, the candidates did not respond. Given that they have not occupied their allotted tenants in two decades, determining their eligibility is critical. MHADA recently altered its allocation policies to increase transparency. The final decision on tenement allocation will be made once the committee has completed its verification and submitted a full report.Read more

The Delhi Development Authority (DDA) has recorded its highest-ever revenue from residential sales, collecting INR 5,185 crore by selling over 15,000 flats between April 2023 and February 2025. This marks a dramatic turnaround compared to INR 4,462 crore collected in eight years (2015-2023). In FY 2024-25 alone, DDA sold 7,184 flats, largely under first-come, first-served schemes targeting construction workers, women, and SC/ST residents. Narela led with 2,700 sales, driven by improved infrastructure, metro connectivity, and targeted housing policies. With strategic expansions and affordable housing schemes, DDA's strong financial performance is reshaping Delhi's real estate landscape.Read more

Displaced tenants of Chintels Paradiso in Sector 109 are struggling because rent payments promised after their homes were certified unsafe have not been paid. Following a partial collapse in 2022, IIT Delhi's audit ruled numerous towers unsafe, prompting evacuations. The district government ordered developer Chintels to compensate impacted homeowners, but residents say payments have halted. The RWA has asked the district town planner to intercede, setting a March 7 deadline for late rent. Chintels claims payments have begun for 140 residents, but arguments continue. The case highlights enforcement issues in Gurugram's real estate sector, putting officials under pressure to act.Read more

Dwarka Expressway has been recognised as India's fastest-growing real estate corridor, witnessing a remarkable 58% year-on-year increase in housing prices during the last quarter, according to a recent report by CREDAI-Colliers-Liases Foras. Dwarka Expressway has surpassed all other major cities and micro-markets, solidifying its status as the most attractive investment destination in Delhi NCR and across India. With rising demand for premium housing, robust infrastructure development, and proximity to key business districts, the real estate market in this region continues to flourish, reflecting strong investor confidence and sustained price appreciation.Read more

A report by NSE-listed data analytics firm PropEquity highlighted that 1.19 lakh projects, encompassing 97.14 lakh units, have been registered with the top 10 State RERAs between 2017 and 2024. The report also indicated a substantial improvement in compliance post-RERA implementation, leading to increased investment from both individual and institutional investors. Maharashtra led the registrations, accounting for 40% of the total, followed by Tamil Nadu at 17% and Gujarat at 14%. Amongst cities, Pune recorded the highest number of registered projects at 12,346. The real estate market across the top nine Tier 1 cities is now valued at over INR 5.5 lakh crore. Uttar Pradesh recorded the highest average units per project at 184, while the overall average for the top 10 states stood at 81.Read more

Embassy Developments, formerly Indiabulls Real Estate, has announced plans to raise up to INR 2,000 crore through Qualified Institutions Placement (QIP) or other permissible methods to support its growth. The company's board has approved an enabling resolution aimed at optimising costs and maintaining conservative financial management. Additionally, the company is set to acquire a 100% stake in Squadron Developers for an enterprise value of INR 455 crore to develop a premium residential project in Bengaluru's Yelahanka. The merger between Embassy Group and Indiabulls Real Estate was recently approved by the National Company Law Appellate Tribunal (NCLAT) after clearing many regulatory hurdles.Read more

South Delhi's premium residential market presents a major redevelopment opportunity, with 18,500 plots across 42 MCD-regulated colonies valued at INR 5.65 lakh crore, according to a report by SEBI-registered AIF Golden Growth Fund. Luxury hotspots like Vasant Vihar, Golf Links, and Jor Bagh are seeing increasing demand for high-end redevelopment projects. High-net-worth individuals (HNIs) and NRIs are turning to Alternative Investment Funds (AIFs) for structured real estate investments, offering expected returns of 18-20%. With institutional capital inflows and consistent property appreciation, South Delhi remains one of India's most lucrative real estate markets for redevelopment.Read more

Pune's real estate market saw an 8% YoY decline in property registrations, with 16,330 transactions in January 2025, down from 17,786 a year earlier. Despite the drop, stamp duty revenue remained stable at INR 590 crore, indicating higher-value property sales. Demand for homes priced above INR 1 crore rose from 13% to 15%, with larger apartments (800+ sq ft) also gaining traction. Central Pune led transactions with 81% market share, while West Pune saw rising demand. Experts anticipate market stability, driven by strong employment opportunities and potential home loan rate cuts, sustaining growth in Pune's premium housing segment.Read more

Shah Rukh Khan and his family are set to temporarily move to a luxury apartment in Bandra's Pali Hill as their iconic home, Mannat, undergoes a major two-year renovation. The Grade III heritage bungalow requires special approvals for structural modifications. Khan has leased four floors in Puja Casa, owned by producer Vashu Bhagnani's family, at INR 24 lakh per month. The move highlights the growing demand for luxury rentals in Mumbai, especially among celebrities and high-net-worth individuals. With Mannat's makeover in progress, speculation arises on whether the Khans will extend their stay beyond the initial lease period.Read more

Swiggy has opened a new office at DLF One Horizon Centre, Gurgaon, strengthening its North India presence while retaining its Bengaluru headquarters. The move aligns with its quick commerce growth strategy as it competes with Zomato's Blinkit. Despite reporting a net loss of INR 799 crore in the December quarter, Swiggy continues to invest in expansion. Gurgaon's commercial real estate market is booming, with leasing activity up 15% in key hubs like Cyber City and Golf Course Road. Swiggy's move reflects a broader trend of new-age companies securing prime office spaces to enhance brand presence and talent acquisition.Read more