18 Jan 2026

The Karnataka High Court has upheld the BDA's land acquisition in Banashankari VI Stage, dismissing challenges from landowners who claimed unfair treatment and argued that the scheme had lapsed. The court noted that public hearings were conducted, objections were addressed, and statutory procedures were followed. Out of 750 acres, the BDA developed 580 acres into 5,991 sites, allotting 4,983. The judgment emphasizes the necessity of acquisitions for urban development, affirms the legality of the process, and highlights the balance between public interest and individual landowner rights.Read more

18 Jan 2026

The Supreme Court has reiterated that the land reclaimed along the Mumbai Coastal Road cannot be used for residential or commercial development and must largely remain accessible to the public. The observation came while disposing of a petition challenging the Brihanmumbai Municipal Corporation's move to involve private agencies for landscaping and maintenance of the reclaimed areas. The court referred to its earlier directions, stressing that such land is meant for public use, with limited exceptions only for essential upkeep and landscaping, including projects undertaken under corporate social responsibility initiatives.Read more

14 Jan 2026

Selangor Dredging Bhd's unit has finalized a sale and purchase agreement with Hectare Square for a freehold commercial land valued at 63 million RGT. The acquisition reinforces the company's strategic approach to expanding its property portfolio and investment base. By obtaining freehold land, Selangor Dredging enhances its capacity for future development while securing long-term asset value. Analysts view the move as part of the company's broader strategy to strengthen its commercial real estate holdings and maintain a competitive edge in key markets.Read more

14 Jan 2026

The Supreme Court has reiterated that reclaimed land along the Mumbai Coastal Road (South), including areas proposed to be landscaped under a corporate social responsibility initiative, must ordinarily remain open to the public and cannot be used for any residential or commercial development. While allowing landscaping and maintenance activities, the court underlined that such work should not restrict public access except where temporarily required. The ruling came while disposing of a public interest litigation challenging the municipal corporation's move to involve private agencies for long-term maintenance of the reclaimed land. The court reaffirmed its earlier directions that categorically prohibit any commercial or residential exploitation of the area, ensuring the coastal road project serves public interest and open access.Read more

13 Jan 2026

Lodha Developers Ltd has acquired five land parcels across Mumbai Metropolitan Region, Delhi-NCR and Bengaluru to develop residential projects with an estimated sales value of nearly INR 34,000 crore. The acquisitions, completed in the October-December quarter, strengthen the company's future project pipeline and growth visibility. Lodha plans to build primarily housing projects on these sites, tapping demand in India's top real estate markets. The move follows the company's recent entry into Delhi-NCR through partnerships in Gurugram and aligns with its strategy of calibrated capital deployment. With a strong presence in MMR, Pune and Bengaluru, Lodha aims to expand its reach across major cities while working towards its annual sales booking target of INR 21,000 crore.Read more

13 Jan 2026

The Maharashtra government has announced a new incentive to boost urban redevelopment in Nashik, offering developers additional floor space index (FSI) for eligible projects. The move is aimed at reviving ageing residential and mixed-use buildings by improving project viability and attracting private investment. Incentive FSI allows higher construction in return for better infrastructure, open spaces, parking and public amenities. With many old structures in Nashik needing upgrades, the policy seeks to support safer housing, efficient land use and improved living conditions. The initiative reflects the state's push to extend redevelopment support beyond major cities, positioning Nashik for renewed urban growth and modern housing supply.Read more

13 Jan 2026

Around 16,000 families in Chandrapur district, Maharashtra are set to receive permanent land titles, the state's Revenue Minister has announced, marking a major step toward formalising land ownership for rural and semi-urban residents. The move aims to replace long-standing informal or undocumented land rights with legally recognised titles, providing greater security and enabling better access to financial services, credit and government schemes tied to documented landholding. This initiative underscores the state government's focus on streamlining land records and empowering citizens through clear property rights. Issuance of permanent titles is expected to strengthen residents asset security, reduce disputes, and boost confidence among stakeholders in the local real estate and agricultural sectors.Read more

12 Jan 2026

A joint venture between Prestige Estates Projects Ltd and Arihant Foundations & Housing Ltd has agreed to acquire a 16.38-acre land parcel in Padi, Chennai, for INR 561 crore, strengthening Prestige Group's presence in a key urban market. The land is being purchased through Canopy Living LLP from Sundaram-Clayton Ltd and is intended for a future real estate development. The transaction reflects Prestige Group's continued focus on securing well-located land assets in high-demand city locations to support its long-term residential and mixed-use growth strategy. With Chennai emerging as an important market for large-scale urban developments, the acquisition aligns with the group's broader expansion plans across major Indian cities.Read more

12 Jan 2026

Lodha Developers Ltd has strengthened its future development pipeline by acquiring five land parcels across Mumbai Metropolitan Region, Delhi-NCR and Bengaluru during the October-December quarter of FY26. These acquisitions, made through a mix of outright purchases and partnerships, are expected to generate an estimated gross development value of around INR 33,800 crore, largely from residential projects. The move reflects the company's strategy of building long-term growth visibility by expanding its land bank in high-demand urban markets. Lodha's recent entry into Delhi-NCR, including joint development projects in Gurugram, marks a significant geographic expansion aimed at capturing housing demand across India's largest cities.Read more

Bangalore News Desk

10 Jan 2026

The Bangalore Development Authority (BDA) is reshaping its housing strategy by moving away from traditional plotted layouts and prioritising apartment projects to optimise land use and address Bengaluru's growing housing needs. With urban land becoming increasingly scarce and expensive, vertical development is being positioned as a more efficient and sustainable solution. While apartments enable higher density and faster housing delivery, the shift has faced mixed buyer response, with a significant portion of existing inventory still unsold. To improve demand, the authority is strengthening marketing efforts, upgrading infrastructure around projects, simplifying digital sales processes and enhancing amenities. This transition reflects a broader shift in urban planning, balancing affordability, density and liveability in one of India's fastest-expanding metropolitan regions.Read more

10 Jan 2026

DRA Homes has entered into a strategic partnership with Yubi to establish an INR 250 crore secured debt platform aimed at strengthening its residential land acquisition pipeline. Structured through secured non-convertible debentures, the platform reflects a growing shift among organised developers towards non-dilutive, asset-backed financing to support disciplined expansion. The initiative enables DRA Homes to access diversified capital through a transparent, technology-led framework, while offering investors structured exposure to residential real estate credit with defined security and predictable risk-adjusted returns. As residential developers increasingly prioritise balance-sheet discipline and governance, such capital market aligned structures are emerging as a preferred route to fund early-stage growth while aligning long-term developer and investor interests.Read more

10 Jan 2026

Rama Group has announced the launch of Rama Greens Prime, a 48-acre premium plotted residential development located along the Atal Expressway at Funder Chowk, Raipur. The project is positioned as a nature-centric yet well-connected community, offering 147 premium residential plots supported by modern infrastructure, sustainability-focused planning and lifestyle amenities. With direct access to key city hubs such as VIP Road, the airport, railway station and major social infrastructure, the development aims to cater to discerning homebuyers seeking long-term value. Designed around green spaces, wellness features and seamless mobility, Rama Greens Prime reflects the group's vision of balanced urban living.Read more

09 Jan 2026

Vornado Realty Trust has acquired 3 East 54th Street in Manhattan's Plaza District for USD 141 million, as disclosed in a filing during the past week. The site is considered a prime development parcel within one of Midtown's most valuable commercial areas. The acquisition supports Vornado's strategy of concentrating on high-quality, core New York assets with long-term redevelopment potential. The deal comes amid cautious but targeted investment activity in Manhattan, where prime locations continue to attract interest despite broader challenges in the office real estate market.Read more

09 Jan 2026

Arihant Foundations & Housing Ltd announced that its subsidiary, Canopy Living, has executed an agreement to purchase a land parcel. An advance payment of INR 250 million has already been made, while the balance amount of INR 5.36 billion will be paid upon execution of the sale deed. While details on the land location and development plan remain undisclosed, the transaction reflects the company's ongoing focus on strengthening its land bank. The acquisition is expected to support future real estate projects and long-term growth plans.Read more

Chennai News Desk

09 Jan 2026

Prestige Estates Projects Ltd has announced that its group plans to purchase a 16.381-acre land parcel in Chennai, as disclosed in the past week. While financial details and development plans were not shared, the acquisition points to a large-scale project in one of South India's key real estate markets. The move aligns with Prestige's strategy of expanding its land bank across major cities. Chennai has been witnessing rising interest from organised developers due to stable demand, infrastructure growth, and long-term economic fundamentals.Read more

09 Jan 2026

The Supreme Court has sharply criticised the Uttarakhand government for allowing widespread and systematic encroachment of forest land in Rishikesh over more than two decades. The land, originally allotted in 1950 to an organisation linked to Gandhian leader Mira Behn, was later partially surrendered but subsequently occupied by private individuals without authorisation. The court noted prolonged inaction by state authorities and possible collusion with encroachers. It directed a detailed inquiry into illegal constructions and ordered officials to prevent further alienation of the forest land while reporting accountability measures.Read more

09 Jan 2026

Shree KB Realty has acquired a nearly 3-acre land parcel in Greater Noida West for Rs 122 crore to develop a large commercial project, reflecting growing confidence in the region's office and retail market. The land was secured through an auction conducted by the Greater Noida Authority and includes lease rent and stamp duty charges. The developer plans to construct a commercial development with a built-up area of around 8.5 lakh square feet, catering to rising demand driven by the completion of several residential projects in the surrounding areas. The acquisition underlines the increasing attractiveness of Greater Noida as a commercial destination, supported by improving infrastructure, a growing residential catchment and expanding business activity across the Delhi-NCR region.Read more

09 Jan 2026

The Jaipur Municipal Corporation (JMC) has strengthened its urban development (UD) tax enforcement in the Civil Lines area, sealing four properties that failed to pay dues while five others settled pending amounts during the drive. The recovery efforts, including interest and penalties, are part of a broader push to improve municipal revenue essential for city development and infrastructure works. Officials emphasized that strict actions, including attachment and sealing, will continue for defaulters. This follows similar drives in other zones as JMC works to ensure better tax compliance across Jaipur.Read more

Mumbai News Desk

09 Jan 2026

The Railway Land Development Authority (RLDA) has received a bid of INR 1,368 crore for redeveloping nearly six acres of its Supari Baug colony in central Mumbai's Parel area. The bid, submitted by Dineshchandra R Agrawal Infracon, slightly surpasses RLDA's revised reserve price. Offered on a 99 year lease under a revenue share model, the project will now undergo technical and financial evaluation. Parel's transformation over the past two decades into a residential and commercial hub has made centrally located railway land highly attractive to developers.Read more

Mumbai News Desk

09 Jan 2026

A civil court in Mumbai has ruled that Godrej & Boyce's Vikhroli land cannot be classified as a slum, setting aside a government notification issued in the late 1970s under the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act. The notification had labeled around 7,850 square metres of the property as a slum. The court found the declaration legally invalid and issued an injunction preventing authorities from treating the land as a slum unless a fresh, valid declaration is made. The ruling also protects the company's access and use of the land.Read more