13 Mar 2026

Raymond Realty has launched a new residential development in Thane within the Mumbai Metropolitan Region (MMR), expanding its housing portfolio in one of the region's fastest-growing micro-markets. The project, named & Ten X District 9, is being developed on a 9-acre land parcel and carries an estimated revenue potential of about INR 2,000 crore. The announcement was made through a regulatory filing earlier this week. The development forms part of the company's broader strategy to strengthen its residential presence in Thane, where Raymond Realty has already established multiple projects under its integrated township framework. The company, which is part of the Raymond Group, continues to scale its real estate operations in the MMR housing market, focusing on large residential developments that cater to the growing demand for organised housing in suburban locations.Read more

12 Mar 2026

Embassy Developments Ltd has achieved a significant milestone at its Embassy Verde Phase II project in Embassy Springs, selling over 500 residential units in just four days. The sales generated approximately INR 4.95 billion, reflecting strong demand in the region. This performance highlights the growing appeal of Embassy Springs among homebuyers seeking modern residential communities. The swift uptake indicates confidence in the developer's projects and the location's potential. Embassy Developments continues to expand its footprint in residential real estate, building on previous successful launches in the area.Read more

Mumbai News Desk

12 Mar 2026

Investment manager Arnya Real Estates Fund Advisors and Mumbai-based developer Supreme Universal have secured commitments of about INR 1,030 crore for their Arnya Real Estate Fund � Equity, marking the first close of the investment platform launched in November 2025. The Sebi-registered Category II alternative investment fund has a target corpus of INR 1,250 crore and will focus primarily on residential redevelopment opportunities in Mumbai, while also evaluating projects in Pune. Capital has been raised from a mix of domestic and offshore investors, including family offices and high-net-worth individuals, with around INR 220 crore committed by the sponsors themselves. The fund will deploy equity capital into redevelopment-led housing projects, with individual investments expected to range between INR 80 crore and INR 200 crore across several transactions currently under evaluation.Read more

Goa News Desk

12 Mar 2026

The Goa government has introduced stricter compliance requirements for property owners by notifying the Goa (Verification of Tenants) Rules, 2026 under the Goa (Verification of Tenants) Act, 2024. The regulations make it mandatory for landlords to verify the identity of tenants and submit their details to the police within a specified timeframe. Failure to comply can result in penalties including imprisonment of up to six months and a fine of up to INR 10,000. The rules apply to residential properties across the state and require landlords to maintain documented records of tenants, including identity details and occupancy information. Authorities indicated that the measure aims to improve public safety and strengthen monitoring of rental housing, particularly in a state with a high volume of domestic and international visitors and a significant number of rented accommodations.Read more

12 Mar 2026

The Haryana Real Estate Regulatory Authority (HRera) has directed Burman Estate Pvt Ltd to pay delay possession interest at 10.80 % per annum to two homebuyers after failing to hand over a serviced apartment in the Gurgaon Spectrum Centre project by the original March 15, 2021 deadline. Although the occupation certificate was issued in late 2024, possession had not been offered. HRera rejected the builder's plea for a second COVID-19 extension, citing that statutory relief had already been availed. Buyers had paid more than the sale consideration and sought multiple reliefs under RERA.Read more

Mumbai News Desk

11 Mar 2026

Raymond Realty has signed definitive documents to jointly develop a residential project in Kandivali, Mumbai, with an estimated gross development value of around INR 3,000 crore, marking the company's seventh joint development project in the city. With this addition, the total gross development value of Raymond Realty's real estate portfolio is expected to reach nearly INR 43,000 crore. Separately, NCR-based developer County Group has launched 'Clove County', a luxury residential project in Sector 151, Noida, along the Noida-Greater Noida Expressway, involving an investment exceeding INR 1,200 crore. The five-acre development will feature 226 high-end apartments across three towers with configurations ranging from large 4BHK to 5BHK residences. The announcements reflect continued development activity in two key residential markets—Mumbai and Noida—across both joint development and premium housing segments.Read more

11 Mar 2026

The Uttar Pradesh Housing Board is offering a discount of up to 15 % on residential plots and flats in its Siddharth Vihar township in Ghaziabad. Buyers paying within 60 days of booking are eligible for the full discount, while those paying within 61-90 days can claim 10 %. The township, spread over 635 acres and around 30% developed, is strategically located along the Delhi-Meerut Expressway with rapid rail and metro access. Plot rates vary depending on orientation, proximity to parks, or wider roads, reflecting a structured pricing system.Read more

Lucknow News Desk

11 Mar 2026

The Lucknow Development Authority (LDA) has launched registrations for Park View Apartments, a group housing project comprising 364 premium flats in the Basant Kunj scheme in Lucknow. Located opposite Rashtra Prerna Sthal, the project will offer 3BHK and 3BHK units with servant quarters, with apartment sizes ranging from about 154 sq m to 195 sq m and starting prices from around INR 75 lakh. Registrations opened in the past week and will remain available until early April through the authority's website, with allotment to be conducted through a lottery system. The development will include four residential towers and a range of residential amenities such as a clubhouse, swimming pool and children's play area. The initiative forms part of the authority's ongoing housing programmes aimed at expanding organised residential supply in Lucknow's growing urban corridors.Read more

Delhi News Desk

11 Mar 2026

The Delhi Development Authority (DDA) will take direct charge of daily maintenance for its residential flats starting early April 2026. The move covers flats constructed before 2021, where day-to-day upkeep had previously been handled by resident welfare associations or flat owners. Under this system, the authority will provide services such as security, cleaning of common areas, lift and electrical maintenance, minor repairs, and upkeep of water tanks and STP-treated water lines. Flat owners will pay quarterly service charges per square metre, with interest applied on late payments. This initiative aims to ensure consistent maintenance and enhance living conditions in DDA housing pockets.Read more

11 Mar 2026

The National Green Tribunal (NGT) has directed the Ghaziabad district administration to remove encroachments on a lake in Pasunda village, Loni, where a residential colony has been developed. The NGO Society for Voice of Human Rights and Justice alleged that Mahalaxmi Land and Finance Company altered revenue records to allow construction on land officially recorded as a lake under survey number 1564. Earlier reports from the administration were incomplete. The NGT clarified that ongoing High Court proceedings on ownership do not restrict its review of environmental aspects, and scheduled further hearings for late March.Read more

10 Mar 2026

Real estate developer County Group has announced an investment of more than INR 1,200 crore to develop a luxury residential project in Noida. The project, named Clove County, will be built on a 5-acre land parcel located in Sector 151 along the Noida Greater Noida Expressway. The development will feature 226 premium apartments priced between INR 10 crore and INR 18 crore. According to the company, the land was acquired through an auction for nearly INR 500 crore. County Group said the project reflects strong demand for high-end housing in the Noida market. The company, a major developer in the National Capital Region (NCR), has already delivered multiple residential and commercial developments across cities including Noida, Greater Noida, Ghaziabad, Gurugram and New Delhi.Read more

Chennai News Desk

10 Mar 2026

South Indian actress Nayanthara and filmmaker husband Vignesh Shivan purchased a luxurious duplex apartment in Chennai's Poes Garden for INR 31.5 crore. The 14,369 sq ft property in the Legacy project spans the fourth and fifth floors and includes 5,308 sq ft of undivided land and eight covered parking spaces. Nayanthara owns 90% of the apartment, with Vignesh Shivan holding 10%. The acquisition follows their marriage in 2022 and growing pan-India film presence. Poes Garden remains a preferred enclave for celebrities and high-net-worth individuals, sustaining high property values.Read more

10 Mar 2026

Puravankara Group has entered a joint development on a 4-acre Hennur Road parcel in Bengaluru, with an estimated GDV of over INR 1,300 crore and a saleable area of 0.84 million sq. ft. The project aligns with the company's strategy of asset-light expansion in high-demand micro-markets, particularly North Bengaluru, which benefits from proximity to the airport, tech parks, and well-developed infrastructure. The project is expected to launch within 6-12 months. Earlier strategic acquisitions in Anekal, KIADB Hardware Park, and Balagere have strengthened Puravankara's Bengaluru growth pipeline.Read more

10 Mar 2026

More than 4,100 transit flats for Kashmiri migrant employees have been completed across the Kashmir Valley under the government's rehabilitation housing programme. The project aims to provide safe residential accommodation to migrants appointed under the Prime Minister's employment package. Out of the planned 6,000 flats at 20 locations, 4,112 units have been completed and 3,257 allotted so far. Officials recently reviewed the progress of construction and supporting infrastructure such as water supply, electricity, and drainage. Around 680 additional flats are expected to be completed by April 2026 as authorities move closer to completing the project.Read more