Category: Project

MTNL Board Approves Sale of BKC Residential Block to NABARD for ₹350.72 Crore

January 31, 2026

Mumbai: State-run Mahanagar Telephone Nigam Ltd (MTNL) has approved the sale of its residential property located in Mumbai’s Bandra Kurla Complex (BKC) to the National Bank for Agriculture and Rural Development (NABARD) for ₹350.72 crore, according to a stock exchange filing. The transaction will be executed through a government-to-government (G2G) transfer or direct sale route. […]

MTNL Board Approves Sale of BKC Residential Block to NABARD for ₹350.72 Croremore

BMC stops work at 106 sites for violating air quality norms

January 27, 2026

Mumbai’s civic body has ordered an immediate halt to construction activity at 106 sites across the city after they failed to comply with mandatory air quality monitoring norms. In an official release, the Brihanmumbai Municipal Corporation (BMC) said several construction sites continued to violate prescribed environmental requirements despite repeated follow-ups conducted since May 2025. “Despite […]

BMC stops work at 106 sites for violating air quality normsmore

No Sewage Treatment Plant, No Occupation Certificate: Bombay High Court Warns Builders and Civic Bodies

Mumbai: The Bombay High Court has directed civic authorities across Maharashtra not to issue Occupation Certificates (OC) (OC) unless developers comply with approved building plans and ensure proper sewage management systems. The order was passed while hearing a petition filed by a resident of Badlapur, who raised concerns over illegal constructions by a developer. The […]

No Sewage Treatment Plant, No Occupation Certificate: Bombay High Court Warns Builders and Civic Bodiesmore

Luxury Homes Lead India’s Realty Growth: Premium Supply Hits 42% in H1 FY26

November 18, 2025

By Sana khan -Editor India’s residential market continues to display exceptional value growth this year, led by the rising dominance of premium and luxury housing. According to data from Anarock, nearly 42% of all new housing launches in the first half of FY26 fall under high-end or luxury categories, reflecting a clear shift in buyer […]

Luxury Homes Lead India’s Realty Growth: Premium Supply Hits 42% in H1 FY26more

Qatar National Bank renews its BKC office lease at ₹775 per sq ft reaffirming confidence in Mumbai’s prime business hub

By Sana khan -Editor Qatar National Bank (QNB) has renewed its office lease at Maker Maxity’s 4 North Avenue Tower in Mumbai’s Bandra Kurla Complex (BKC) at a striking rent of ₹775 per sq ft per month, one of the highest commercial leases recorded in India. The five-year agreement, effective from October 26, covers about […]

Qatar National Bank renews its BKC office lease at ₹775 per sq ft reaffirming confidence in Mumbai’s prime business hubmore

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujarat

May 24, 2025

AHMEDABAD: Gujarat’s housing finance landscape is showcasing a contrasting development—while the overall disbursement of home loans is increasing, the number of individual borrowers is witnessing a significant decline. In FY 2025, total housing finance disbursals in the state reached ₹58,399 crore, reflecting an 8.9% rise from ₹53,590 crore in FY 2024. However, during the same […]

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujaratmore

CBI Requests Land Allotment Files, Maps, and Lease Deeds for Four Housing Societies from YEIDA

May 15, 2025

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has submitted a set of key documents to the Central Bureau of Investigation (CBI) as part of an ongoing probe into a suspected builder-bank nexus linked to the misuse of subvention schemes in housing projects. The materials handed over include land allotment files, lease deeds, approved building […]

CBI Requests Land Allotment Files, Maps, and Lease Deeds for Four Housing Societies from YEIDAmore

Star Housing Finance Sees 25% Profit Growth in FY25

May 12, 2025

Star Housing Finance Limited (Star HFL), a BSE-listed company, reported a 25% increase in its profit after tax (PAT) for the financial year ending March 31, 2025. The PAT rose to ₹11.10 crore, compared to ₹8.88 crore in the previous financial year. The company’s total annual revenue jumped to ₹94.96 crore, marking a strong 54% […]

Star Housing Finance Sees 25% Profit Growth in FY25more

Gujarat RERA Recognizes Existing Property Owners as Allottees

March 19, 2025

In a landmark ruling, the Gujarat Real Estate Regulatory Authority (GujRERA) has granted existing society members in redevelopment projects the dual status of allottee and co-promoter, marking a significant expansion of regulatory protection. The decision came in response to a complaint, where GujRERA directed the developer to complete the sale deed registration while affirming the […]

Gujarat RERA Recognizes Existing Property Owners as Allotteesmore

Telangana RERA Penalizes TMR Marvel Developers with ₹19.8 Lakh Fine for Unfulfilled Promised Amenities

March 10, 2025

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has taken strict action against the developers of the TMR Marvel villa project in Macha Bolarum, near Alwal, by imposing a penalty of ₹19.8 lakh. The fine was levied on T Madhusudhan Reddy and Sree Ram Reddy for their failure to provide the amenities promised to […]

Telangana RERA Penalizes TMR Marvel Developers with ₹19.8 Lakh Fine for Unfulfilled Promised Amenitiesmore