Category: REAL ESTATE NEWS

Delhi Master Plan 2047 Opens 200 Sq Km for Planned Real Estate Expansion

September 2, 2026

New Delhi: Delhi’s newly notified Master Plan 2047 is set to reshape the capital’s future urban growth, with nearly 200 sq km of urban extension areas identified for planned development through land pooling and infrastructure-led expansion. The plan, notified by the Centre on August 20, 2026, provides a long-term framework for expanding Delhi while attempting to […]

Delhi Master Plan 2047 Opens 200 Sq Km for Planned Real Estate Expansionmore

Marine Lines Gets ₹1,000-Crore Redevelopment Push With 270+ Residents Set for Rehabilitation

Mumbai: A redevelopment project with an estimated gross development value (GDV) of about ₹1,000 crore is planned on a nearly two-acre parcel in Marine Lines, South Mumbai. Dhuleva Group has secured the development rights for the property. The proposed development is expected to have a total development potential of around 1 million sq ft, combining […]

Marine Lines Gets ₹1,000-Crore Redevelopment Push With 270+ Residents Set for Rehabilitationmore

TIAA Expands Pune Footprint With ₹320-Crore, 10-Year Office Lease

September 1, 2026

Pune: TIAA Global Capabilities Private Limited has expanded its office presence in Pune by leasing 255,713 sq ft at Panchshil Vantage in Wagholi, in a transaction involving an estimated rental commitment of ₹320 crore over 10 years. The deal adds to Pune’s growing commercial real estate momentum, particularly along the Wagholi-Kharadi corridor, where demand from […]

TIAA Expands Pune Footprint With ₹320-Crore, 10-Year Office Leasemore

Max Estates Enters Delhi With 84.71-Acre Deal Worth ₹10,000–12,000 Crore in Potential GDV

New Delhi: Max Estates is making its entry into Delhi’s residential real estate market with an approximately 84.71-acre land parcel in West Delhi, in a transaction that could create an estimated ₹10,000-12,000 crore gross development value (GDV) over the coming years. The acquisition is structured as a non-cash share swap, allowing the developer to add […]

Max Estates Enters Delhi With 84.71-Acre Deal Worth ₹10,000–12,000 Crore in Potential GDVmore

SRA targets 5.09 lakh homes

August 31, 2026

Mumbai : The Slum Rehabilitation Authority (SRA) has set a target of completing 5,09,873 rehabilitation homes by December 2030, as Mumbai steps up efforts to accelerate slum redevelopment. The authority plans to complete 90,264 homes by December 2026, rising to 1,48,219 by December 2027, 2,44,356 by December 2028, 3,61,026 by December 2029 and 5,09,873 by […]

SRA targets 5.09 lakh homesmore

Blackstone plans REIT stake sale

Mumbai: Blackstone has proposed selling up to 25.03% of its stake in Knowledge Realty Trust through an offer for sale, with the transaction valued at about ₹11,988 crore ($1.26 billion) at the floor price of ₹108 per unit. The offer comprises a 16.69% base offer and an additional 8.34% stake in case of oversubscription. Blackstone […]

Blackstone plans REIT stake salemore

Realty bookings fall 21% in Q1 FY27

August 29, 2026

New Delhi: Sales bookings across 28 major listed real estate companies fell 21 per cent to Rs 39,964 crore in the April-June quarter of 2026-27, from Rs 50,900 crore a year earlier. The decline was linked to lower sales volumes, fewer project launches and cautious buyer sentiment amid global economic uncertainties. However, the slowdown was […]

Realty bookings fall 21% in Q1 FY27more

PMAY’s Mumbai Housing Gap Widens: 10,000–15,000 MHADA Homes Await Allotment

August 28, 2026

MUMBAI: The challenge facing affordable housing in Mumbai is no longer limited to constructing homes. The bigger hurdle is ensuring that eligible families can actually finance and occupy them. High land costs, limited access to bank credit and irregular incomes have left thousands of MHADA-built homes awaiting allotment. MHADA has constructed nearly 50,000 homes across […]

PMAY’s Mumbai Housing Gap Widens: 10,000–15,000 MHADA Homes Await Allotmentmore

Maharashtra Proposes New Housing Society Rules: Redevelopment, Parking & EV Charging in Focus

MUMBAI: Maharashtra has proposed a fresh set of Model Bye-Laws for cooperative housing societies, bringing redevelopment, parking, flat transfers, electric vehicle (EV) charging, structural safety and grievance redressal into sharper focus. The draft Model Bye-Laws 2026 for Co-operative Housing Societies — Tenant Co-partnership (Flat Type) have been released by the state Cooperation Department for public […]

Maharashtra Proposes New Housing Society Rules: Redevelopment, Parking & EV Charging in Focusmore

₹2,000 Crore Fund Targets Mumbai Redevelopment

August 26, 2026

Fund to back residential development and redevelopment opportunities across MMR MUMBAI: ICICI Prudential Asset Management Co is raising a Rs 2,000 crore residential development fund focused on Mumbai, seeking to invest in housing projects as redevelopment becomes an increasingly important source of new residential supply across established parts of the city. The fund includes a […]

₹2,000 Crore Fund Targets Mumbai Redevelopmentmore