Real Estate

CAG Flags ₹261 Crore Dues from Developers for Transit Tenements in Mumbai

DOWNLOAD IPFS The Comptroller and Auditor General (CAG) has raised serious concerns over a long-standing financial lapse in Mumbai’s redevelopment efforts. According to the audit report, nearly 40 private developers have failed to pay a collective ₹261.14 crore in mandatory deposits for transit tenements allotted to them by the Maharashtra[Read More…]

Meghalaya Notifies Real Estate Regulatory Authority to Bring Order to Sector

DOWNLOAD IPFS The Meghalaya government has officially notified the establishment of the Real Estate Regulatory Authority (RERA), marking a significant step toward regulating and organizing the state’s real estate sector. The announcement was made on Friday, with the goal of enhancing transparency, protecting homebuyers, and ensuring accountability among property developers[Read More…]

ED Attaches ₹681 Crore Worth of Ramprastha Group Assets in Homebuyer Fraud Case

DOWNLOAD IPFS The Enforcement Directorate (ED) has provisionally attached immovable assets valued at ₹681.54 crore belonging to Ramprastha Promoters and Developers Pvt Ltd (RPDPL) and its associated companies. The action is part of an ongoing investigation into alleged fraud involving over 2,000 homebuyers who were left without possession of their[Read More…]

Karnataka Approves New Land Regularization Policy, Unlocking Thousands of Acres for Development

DOWNLOAD IPFS In a major step toward accelerating infrastructure and urban growth, the Karnataka government has approved a comprehensive land regularization policy aimed at freeing up thousands of acres of unauthorized or unrecorded land across the state for legal use and development. The decision, approved by the state cabinet, is[Read More…]

Karnataka Cabinet Approves B-Khata to A-Khata Conversion, Easing Burden on Bengaluru Property Owners

DOWNLOAD IPFS In a significant policy decision aimed at streamlining property ownership in Bengaluru, the Karnataka Cabinet has approved the conversion of B-Khata properties into A-Khata, offering long-awaited relief to thousands of property owners across the city. The move applies to B-Khata certificates issued by the Bruhat Bengaluru Mahanagara Palike[Read More…]

India’s Residential Rent Growth Slows to 7–9% in H1 2025, but Infrastructure Hubs Still See Sharp Hikes

DOWNLOAD IPFS Residential rental growth across India’s top cities slowed down in the first half of 2025, with average increases moderating to 7–9% year-on-year, according to real estate platform NoBroker. The decline follows several years of double-digit hikes, offering some relief to tenants after a prolonged period of steep rent[Read More…]

EQT Acquires Niwas Housing Finance, Pledges ₹500 Crore for Expansion and Digital Growth

DOWNLOAD IPFS Swedish private equity firm EQT has finalized the acquisition of Niwas Housing Finance Ltd. (formerly IndoStar Home Finance) from IndoStar Capital Finance, along with a funding commitment of ₹500 crore. The investment will support Niwas in scaling its operations and advancing its digital infrastructure, particularly in India’s tier[Read More…]

India’s Residential Property Market Maintains Strong Momentum in 2025 Amid Rising End-User Demand

DOWNLOAD IPFS India’s residential real estate sector continues to show robust performance in 2025, with home sales, new launches, and property prices on a steady rise across major cities. According to industry data, the first half of 2025 recorded over 200,000 housing units sold, with Mumbai Metropolitan Region (MMR), Pune,[Read More…]

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