Category: REAL ESTATE NEWS

Raised Access Flooring: The Smart Choice for Moisture Resistance & Long-Term Building Performance

July 22, 2026

Moisture Resistance and Corrosion Protection in Modern Flooring Systems — Aslam Hussain, Vice President, Global Sales and Strategic Alliances As commercial buildings continue to evolve in scale and complexity, Raised Access Flooring has become a strategic infrastructure solution that effectively addresses the structural, moisture, and operational challenges associated with conventional flooring systems. Structural Efficiency in […]

Raised Access Flooring: The Smart Choice for Moisture Resistance & Long-Term Building Performancemore

Navi Mumbai’s Growth Hits Pause Over Land Approval Delays

Government Proposes Mandatory Energy Ratings for Large Commercial Buildings

The Union government has proposed making energy performance ratings mandatory for all new commercial and institutional buildings with a built-up area of 20,000 square metres or more, marking a significant step towards improving energy efficiency in one of India’s fastest-growing power-consuming sectors. The proposal, introduced through a draft notification issued by the Ministry of Power […]

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MahaRERA Faces Questions Over Recovery Data Delay

Consumer groups have raised concerns over MahaRERA’s commitment to transparency after the authority’s online dashboard tracking recovery warrants against defaulting developers remained unchanged for nearly six months, despite fresh recovery orders being issued during the same period. The “Recovery Warrants District Wise” section on the MahaRERA website was last updated on January 20. Although individual […]

MahaRERA Faces Questions Over Recovery Data Delaymore

Bombay HC Seeks Clear Rules on Home Alterations

July 21, 2026

Observing the growing number of unauthorised modifications in residential buildings, the Bombay High Court has directed the Maharashtra government to formulate comprehensive guidelines defining the kinds of alterations that can legally be undertaken in flats and housing societies. The court also instructed the Panvel Municipal Corporation (PMC) to take immediate action against unauthorised constructions identified […]

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Dharavi Redevelopment to Shape Mumbai’s Next Phase of Urban Growth

July 20, 2026

Mumbai Chief Minister Devendra Fadnavis has announced a series of major urban renewal and housing initiatives, with the Dharavi Redevelopment Project emerging as the centrepiece of the state’s redevelopment agenda. Envisioned as an economic transformation programme as much as a housing initiative, the project aims to modernise infrastructure, strengthen connectivity and generate employment opportunities. The […]

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Maharashtra Moves to Address Land Survey Backlog

Maharashtra is grappling with a significant backlog in land measurement and survey-related matters, with 1,28,290 pending land survey cases across the state and an average resolution period of 121 days. The figures were shared by Revenue Minister Chandrashekhar Bawankule in the Legislative Assembly while responding to questions raised by MLA Bhimrao Tapkir. The pending cases […]

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CIDCO Leases Nerul Land Parcel for ₹177 Crore Premium

July 18, 2026

Mumbai’s satellite cities continue to attract large-scale investments, with the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) leasing a prime land parcel in Nerul to a private developer for a substantial premium. The transaction reflects the growing demand for strategically located plots in Navi Mumbai, where residential and commercial development is gaining momentum. […]

CIDCO Leases Nerul Land Parcel for ₹177 Crore Premiummore

Maharashtra Cuts Stamp Duty on Housing Society Lease Agreements

In a major relief for cooperative housing societies in Mumbai, the Maharashtra government has announced a substantial reduction in stamp duty for the registration of 99-year lease agreements executed on government-owned land. The move is expected to benefit thousands of societies that have faced financial and procedural hurdles in completing lease registrations over the years. […]

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Shrenik Ghodawat - Managing Director - Sanjay Ghodawat Group

Sanjay Ghodawat Group Partners with Nordstar Estates; Targets ₹5,000 Crore GDV Through New Real Estate Platform ‘NEVORA’

New Delhi/Mumbai, July 2026: Sanjay Ghodawat Group (SGG), a diversified conglomerate, has partnered with Nordstar Estates (Nordstar) to launch “NEVORA”, a next-generation institutional real estate development platform, marking its strategic expansion into India’s real estate sector. The joint venture will focus on developing residential and commercial projects across Mumbai and Bengaluru and their respective micro-markets […]

Sanjay Ghodawat Group Partners with Nordstar Estates; Targets ₹5,000 Crore GDV Through New Real Estate Platform ‘NEVORA’more

India’s Housing Market Maintains Momentum in H1 2026

July 17, 2026

India’s residential real estate sector continued to demonstrate resilience in the first half of 2026, with the country’s eight largest housing markets collectively recording sales of 1,71,471 units, marking a one per cent year-on-year increase, according to a report by Knight Frank India. During the same period, new launches rose by four per cent to […]

India’s Housing Market Maintains Momentum in H1 2026more