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
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
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
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
Micro-zoning to bring property valuations closer to ground realities PUNE: Maharashtra is set to take its property valuation reforms a step further, with Pune now preparing for a detailed micro-zoning exercise following the completion of the pilot study in Mumbai. The state registration department is working towards replacing broad Ready Reckoner (RR) zones with a […]
Pune to Get Plot-Wise RR Rates After Mumbai Pilotmore
A long wait for a home in Greater Noida has ended with a strict deadline for the developer. The Ghaziabad District Consumer Disputes Redressal Commission has directed Solitaire Real Infra to complete construction of a flat and hand over possession to the buyers within 30 days. The case relates to a residential unit booked in […]
Five-year delay, 30-day deadline for buildermore
Mumbai’s ambitious Dharavi Redevelopment Project (DRP) has moved a step closer to securing crucial infrastructure support, with the Brihanmumbai Municipal Corporation (BMC) proposing to lease 15 acres of reclaimed land at the Mulund dumping ground. The land is intended to facilitate construction-related activities for one of the country’s largest urban redevelopment initiatives while also generating […]
BMC Eyes Mulund Land for Dharavi Redevelopmentmore
India’s urban governance framework has entered a new phase with the Centre reorganising the Ministry of Housing and Urban Affairs (MoHUA) into two dedicated departments. The restructuring is aimed at creating a sharper administrative framework by separating the governance of the National Capital Region from nationwide housing and urban development programmes. The move is expected […]
Centre Reorganises Housing Ministry to Strengthen Urban Governance & Housing Policymore
Mumbai’s slum redevelopment programme has entered a defining phase, with ongoing projects now covering more land than has been redeveloped over the past three decades. The scale of activity reflects the government’s renewed focus on accelerating urban renewal, expanding affordable housing and improving living conditions for lakhs of families across the city. According to the […]
Slum Redevelopment Gains Momentummore
Maharashtra is preparing to introduce a first-of-its-kind legal framework aimed at enabling blockchain-based tokenisation of real estate assets. The proposed legislation seeks to digitise land-related transactions, allowing properties to exist as verifiable digital assets while creating new opportunities for ownership, investment and asset monetisation. Chief Minister Devendra Fadnavis has directed the state administration to draft […]
Maharashtra Moves to Enable Blockchain in Real Estatemore
