Actress Amrita Singh has bought a luxury residential apartment in the Peninsula building, part of Nutan Laxmi Cooperative Housing Society in Juhu, Mumbai, for INR 18 crore. The flat measures a built-up area of 252.04 square metres (2,712.9 square feet) and is accompanied by three car parking spots. The cost per square foot is INR 66,359. The deal involved paying stamp duty of INR 90 lakh and a registration fee of INR 30,000, according to documents from the Inspector General of Registration (IGR) seen by Square Yards. This purchase comes on the heels of a commercial property bought by Singh and her daughter Sara Ali Khan in Oshiwara in October 2024. Actor Varun Dhawan has also recently invested in two luxury flats in Juhu, making the area even more sought after as a hub for Bollywood stars.Read more

Arun Nair

India is witnessing a transformative shift in land management and property administration with state governments adopting digital solutions. In Karnataka, a GPS-based system and modern rovers have drastically reduced survey times, while advanced drone and RTK technologies ensure accurate mapping and secure land records. Puducherry's pilot drone project integrates geo-referenced maps with property data, aiding local administration. Gujarat is also modernizing its processes, with plans to digitize registrations and deploy QR code systems to streamline services for Gujarat real estate. These initiatives are part of a broader drive to enhance digital infrastructure and transparency, modernizing age-old practices across India comprehensively.Read more

The Andhra Pradesh government has outlined land acquisition details for the Vizag metro rail project, requiring 99.8 acres, including nine acres of private land. Phase one, covering 46.23 km with 42 stations, has an estimated cost of INR 11,498 crore. Key corridors include Vizag Steel Plant to Kommadi, Gurudwara to Old Post Office, and Thatichetlapalem to Chinna Waltair. Political delays slowed progress, but the NDA-led government is now seeking full central funding. With tenders pending approval, the project is set to enhance Vizag's transport infrastructure, though land acquisition and funding challenges remain critical hurdles.Read more

Navi Mumbai Municipal Corporation (NMMC) has been included in the 'Super Swachh League' along with Indore and Surat in the Swachh Survekshan rankings. A 21-member study group from the Indian Institute of Management (IIM) Indore recently visited NMMC to understand wastewater management practices. The delegation explored key infrastructure, including the sewage treatment plants and recycled water usage. Additionally, a special meeting led by Municipal Commissioner Dr. Kailash Shinde was held with construction professionals, architects, and contractors to encourage the use of tertiary treated water for construction and industrial purposes. Experts highlighted the benefits of treated water in reducing dependency on drinking water, with industry representatives expressing their willingness to cooperate.Read more

The Mumbai-Nagpur Samruddhi Expressway is nearing completion on its 76-km stretch between Igatpuri and Amane near Bhiwandi, with officials expecting it to open by March. The Maharashtra State Road Development Corporation (MSRDC) has confirmed that final works, including lane marking and painting, will be completed soon, making the highway ready for public use. The project, initially delayed due to political transitions, aims to enhance connectivity and reduce travel time. Additionally, MSRDC is addressing concerns regarding the lack of roadside amenities by developing ten utility areas along the corridor. The expressway will integrate with the Mumbai-Vadodara Expressway at Amane, further improving regional transport links.Read more

The Mumbai Housing and Area Development Board (MHADB), a division of the Maharashtra Housing and Area Development Authority (MHADA), recently conducted a clearance drive to reclaim eight acres of prime land in the Juhu-Andheri area. This action followed a Bombay High Court ruling permitting the removal of unauthorised structures, including shanties. The land was initially allocated for a Slum Rehabilitation Scheme (SRA), but a survey found that a significant portion was ineligible for rehabilitation, leading to the suspension of the No Objection Certificate (NOC) for the project. Despite legal disputes, MHADA officials proceeded with the eviction, asserting their commitment to safeguarding public land from illegal encroachments.Read more

Vidhi Sangoi

Launched in 2015, India's Smart Cities Mission set out to transform 100 cities by integrating technology into urban infrastructure, services, and governance. As the mission nears its tenth anniversary, it has sanctioned over 8,000 projects worth INR 1,64,669 crore. While cities like Surat and Indore have seen improvements in waste management and transportation, challenges persist, including delays, funding constraints, and bureaucratic inefficiencies. Real estate, initially expected to boom, has experienced mixed results. Cities like Pune saw growth in property values, but areas with unfinished projects, such as Udaipur and Ranchi, have seen stagnation. For the mission to succeed, consistent execution, better coordination, and sustained investment are essential.Read more

Zaheer Khan, accompanied by his wife Sagarika Ghatge and her brother Shivjeet Ghatge, recently bought an apartment in Lower Parel, Mumbai, for INR 11 crore. The spacious apartment, located in Indiabulls Sky, offers 2,158 sq ft of carpet area and 2,590 sq ft of built-up space. The deal involved a stamp duty of INR 66 lakh and a registration fee of INR 30,000. The transaction was completed in February 2025. The current average resale price in the project stands at INR 49,096 per sq ft.Read more

Survey and investigation works for Hyderabad's Metro corridors from JBS to Medchal and Shamirpet are progressing swiftly, with studies on traffic patterns, soil conditions, and environmental impact nearing completion. Traffic surveys assess commuter trends, while soil tests ensure structural stability, with 14 tests completed on the JBS-Medchal route and 11 on JBS-Shamirpet. Environmental assessments focus on air quality, noise pollution, and biodiversity. The 24 km JBS-Medchal and 21 km JBS-Shamirpet corridors will enhance connectivity. Detailed project reports (DPRs) are expected by March-end for state approval, marking a key milestone in Hyderabad's metro expansion efforts.Read more

Protean eGov Technologies has secured a lease for 68,021 sq ft of office space at One International Center in Lower Parel, Mumbai. The lease, facilitated by Colliers India, spans five years at a monthly rental rate of INR 185 per sq ft. The company aims to establish an innovative workspace aligned with its mission of digital governance. The commercial real estate sector continues to thrive, with Mumbai witnessing a fourfold increase in Global Capability Centres (GCCs) uptake in 2024. Additionally, recent large-scale office space transactions, including those by NPCI and HDFC Bank, indicate strong demand in Mumbai.Read more