Bangalore News Desk

13 Feb 2026

The Bangalore Development Authority (BDA) is considering changes to its penalty regime for vacant residential sites after acknowledging that the existing flat penalty has not achieved its intended results. Under the current policy, allottees have been subject to a uniform penalty equivalent to 10 % of the prevailing guidance value for land that remains undeveloped, yet compliance has been low as many plot holders have neither paid the levy nor begun construction. At a recent governing council meeting, officials discussed replacing the flat rate with a graded structure tied to plot size and construction timelines, with lower rates for smaller plots and early development. The aim is to encourage allottees to build on their land and reduce speculative holding, addressing concerns about idle sites that attract encroachment and other issues across the city's layouts.Read more

Hyderabad News Desk

13 Feb 2026

Builders and realtors in Telangana have approached the state government seeking permission for farmhouse plotting in conservation and bio conservation zones around Hyderabad. They proposed minimum plot sizes, building coverage limits, and height restrictions to ensure planned development, curb unregulated layouts, and generate state revenue. Under current rules, land in GO 111 areas like Moinabad, Shankarpally, Mokila, and Gandipet remains agricultural, and construction requires a land-use change. Officials said these suggestions could be reviewed under unified building rules, even as concerns persist about protecting environmentally sensitive zones.Read more

12 Feb 2026

Ashiana Housing has acquired about 8.83 acres of land in Wavarle, Raigad district, Maharashtra, for a new senior living community covering approximately 4.50 lakh sq ft of saleable area. Alongside, the company partnered with Epoch Elder Care, which will manage operations at its Ashiana Care Homes facility in Bhiwadi, including a 48-bed campus for assisted living and chronic care. This acquisition reinforces Ashiana's strategy to strengthen its senior living segment, complementing its broader residential portfolio across cities such as Pune, Bhiwadi, Jaipur, and Chennai.Read more

Noida News Desk

11 Feb 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has recovered about 62 acres of land in Mathura district that had been encroached upon within the Heritage City and Raya Urban Centre project zones. As part of a demolition drive organised earlier this week, unauthorized structures including hotels, roadside eateries and informal colonies were demolished in villages such as Piprauli Khadar, Aruwa Khadar and Panigaon Khadar, freeing land officials valued at nearly INR 1,000 crore for its intended development use. The operation was led by YEIDA's officer on special duty with coordinated support from local police and administrative authorities, and was carried out peacefully. This action follows earlier enforcement efforts in the region and reflects the authority's ongoing campaign against illegal habitation and construction on land earmarked for planned infrastructure projects.Read more

11 Feb 2026

Crystal Crop Protection has acquired 31.06 acres of land and assets in Jhagadia, Gujarat, from Kurl-On Ltd for a new greenfield agrochemical manufacturing project. The company plans to invest around INR 100 crore over three years to build a fully automated plant producing formulations and technical products. With an initial capacity of 50,000 tonnes per annum, expandable to 120,000 tonnes, the facility will cater to domestic demand and exports to Asia and Africa. Strategic port access and Gujarat's industrial ecosystem influenced the location choice.Read more

11 Feb 2026

The Ahmedabad Municipal Corporation has approved the auction of six prime land parcels with a total base value of INR 528.38 crore across Motera, Chandkheda, Nava Vadaj, Bodakdev and Thaltej. The plots include both commercial and residential properties, with base prices aligned to prevailing market rates. The decision follows earlier land monetisation efforts by the civic body and is aimed at generating funds for municipal infrastructure and development works through a transparent auction process.Read more

10 Feb 2026

Shukra Pharmaceuticals has secured a letter of intent for 10 acres of land at the Greater Noida Medical Device Park from the Yamuna Expressway Industrial Development Authority to develop an INR 600 crore manufacturing facility. The project will focus on surgical robotics and Boron Neutron Capture Therapy technology for complex cancer treatment. The facility is expected to create significant direct and indirect employment. The company has also partnered with Borns Medical Robotics Inc to establish local manufacturing and distribution of robotic surgery systems in India.Read more

10 Feb 2026

Noida Authority has opened applications for a fresh round of plot allotments across corporate office, commercial builder, hotel, group housing and religious categories through an online auction process. The offering includes plots of varied sizes spread across multiple sectors, with reserve prices ranging from about INR 1 crore to nearly INR 800 crore depending on use and location. While most plots will be allotted through e-auction, religious plots will follow an interview-based process. The move continues the authority's push for transparent land allocation.Read more

09 Feb 2026

Andhra Pradesh has approved over INR 500 crore for acquiring 2,171 acres for the Dugarajapatnam Green Field Port and Shipbuilding Cluster. Most of the land is patta land with habitation, and a smaller portion is government-owned. Key villages in Tirupati and Nellore districts have been identified for acquisition. The decision follows a technical feasibility report by RITES. The total estimated cost for land acquisition is INR 544.3 crore, with the APMB responsible for fund mobilisation. This project reflects the state's ongoing efforts to boost maritime infrastructure.Read more

09 Feb 2026

Lamda Development has accepted a EUR 41.5 million offer from Nellenco for two residential land plots in the A-U2 urban development area, with a total maximum buildable area of 15,700 square meters. The transaction is part of Lamda's strategy to optimize its land holdings and reflects growing investor interest in this high-potential zone. Historical sales in the area indicate rising land values, and the deal may serve as a reference point for future transactions. The move also supports Lamda's ongoing funding and portfolio management plans.Read more

09 Feb 2026

Oberoi Realty has emerged as the highest bidder for an 11-acre railway land parcel in Bandra East, Mumbai, with a bid of INR 5,400 crore. The land, offered by the Railway Land Development Authority on a 99-year lease, has a development potential of around 19.50 lakh sq ft. Financial bids were opened during the past week, and the company is awaiting further steps from RLDA. The development comes alongside a marginal rise in the company's quarterly profit and income.Read more

09 Feb 2026

The Maharashtra state registration department has refused to grant a waiver on stamp duty for a land transaction in Pune's Mundhwa area involving Amadea Enterprises LLP, where Parth Pawar, son of the late deputy chief minister Ajit Pawar, is a partner. The firm owes a stamp duty shortfall of INR 21 crore along with monthly penalties totaling INR 1.47 crore for seven months, bringing current dues to INR 22.47 crore. The department has warned that failure to clear payments by the deadline will trigger coercive recovery actions, including property attachment and auction.Read more

08 Feb 2026

DLF has agreed to sell its IT/ITeS SEZ property and adjacent land parcel in Kolkata to subsidiaries of Srijan Realty for around INR 670 crore. The transaction includes DLF TechPark II, offering about 10.54 lakh sq ft of gross leasable area, and roughly 8.15 acres of freehold land, along with a 17.75-acre vacant land parcel. In FY2024-25, the SEZ business generated INR 66.88 crore, a minor share of DLF's consolidated turnover. The sale reflects DLF's ongoing strategy to optimize its portfolio and focus on core high-value assets.Read more

06 Feb 2026

The Uttar Pradesh government has approved a comprehensive Urban Redevelopment Policy aimed at rejuvenating under-utilised and ageing properties in cities across the state, providing a new roadmap for urban renewal and housing redevelopment. Under the policy, housing development authorities will be empowered to process redevelopment applications from private developers for dilapidated or disputed buildings, ensuring better utilisation of prime city land parcels and improved urban infrastructure. The policy also includes rationalisation of development fees to support urban densification and make development more affordable for local residents. By facilitating private sector participation and streamlining approval processes, the state is seeking to energise stalled or inefficient urban spaces, attract investment, and enhance living conditions in core city areas. The approval marks a key step in Uttar Pradesh's broader urban growth strategy.Read more

06 Feb 2026

G Square Group has acquired a 5-acre heritage land parcel in the heart of Madurai from the legacy owners of the TVS Group, marking one of the city's most notable real estate transactions in recent years. The land, originally owned by the late T. V. Sundaram Iyengar, founder of the TVS Group, is believed to be the group's first landholding in Madurai, lending it significant historical and cultural value. The developer plans to transform the site into a premium residential and commercial plotted project named G Square Temple View Square, located near the Periyar Bus Stand and the Meenakshi Amman Temple. Acquired for INR 167 crore, the project will include residential and commercial plots along with infrastructure and common amenities, targeting both end-users and long-term investors.Read more

Noida News Desk

06 Feb 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has declined to extend the deadline for its one-time settlement (OTS) scheme, meaning around 7,200 plot allottees in the Noida region now face possible recovery action if they do not clear outstanding dues by the end of February. The decision was taken at YEIDA's most recent board meeting, where officials observed that despite multiple previous extensions and reminders since December 1, only a small fraction of defaulters had availed themselves of the settlement offer. Total outstanding dues amount to nearly INR 4,950 crore, and the limited response to the OTS window prompted the board to maintain the existing deadline. The authority's board also approved the allocation of land for a model school and reviewed progress on stalled housing projects under the state government's rehabilitation policy, involving more than 6,800 homebuyers.Read more

Pune News Desk

05 Feb 2026

Godrej Properties Ltd has strengthened its Pune footprint by acquiring an 8.5-acre land parcel in the rapidly growing Mahalunge micro-market, marking a strategic expansion in one of India's most dynamic residential hubs. The acquisition was made through an outright purchase and is planned primarily for group housing development with a developable potential of about 2.1 million square feet and an estimated revenue potential of approximately INR 2,000 crore. Situated in the Mahalunge-Maan-Nande belt within the Mahalunge-Hinjewadi corridor, the site benefits from strong connectivity, proximity to key employment hubs such as Hinjewadi and Baner-Balewadi, and emerging infrastructure including the upcoming Pune Inner Ring Road. Godrej's leadership views the land purchase as a critical step in deepening its presence across high-potential micro-markets in major Indian cities.Read more

03 Feb 2026

Brigade Enterprises has acquired a 2.25-acre land parcel in Secunderabad to develop a residential project with an estimated revenue potential of around INR 650 crore. The company disclosed the development in a recent regulatory filing but did not reveal the cost of the land acquisition. The project's Gross Development Value is pegged at approximately INR 650 crore. The move strengthens Brigade's residential presence in Hyderabad, a market witnessing steady housing demand, and aligns with its long-term expansion strategy across key Indian cities.Read more

02 Feb 2026

Bengaluru-based real estate developer Abhee Ventures has acquired a 45-acre prime land parcel in Gunjur, East Bengaluru, to develop a large-format luxury residential township, marking a significant step in its expansion strategy. The acquisition reflects the developer's confidence in the long-term growth potential of Bengaluru's eastern corridor, supported by major infrastructure projects such as the upcoming Peripheral Ring Road, Metro connectivity on Sarjapur Road and the proposed SWIFT City development. Envisioned as a master-planned residential community, the project will feature premium homes, expansive green spaces and lifestyle-oriented amenities. Ahead of the launch, Abhee Ventures has also associated with industry veteran Ashwinder R. Singh to strengthen institutional systems, brand positioning and go-to-market strategy, reinforcing its ambition to scale up as a Category A residential developer in the luxury housing segment.Read more

02 Feb 2026

British Land has agreed to acquire Life Science REIT in a deal valuing the trust at about GBP 150 million, or USD 207.1 million. The transaction marks British Land's entry into the life sciences real estate segment, expanding beyond its traditional focus on retail parks and mixed-use developments. Life Science REIT owns assets catering to research and laboratory occupiers, a sector that has seen sustained demand in the UK. The deal reflects British Land's strategy to diversify into property segments with long-term growth potential.Read more