12 Oct 2025

The State Bank of India (SBI) is set to acquire 200 ready-to-move-in two-bedroom apartments across the Mumbai Metropolitan Region for its employees, in a bulk deal valued at around INR 294 crore, excluding taxes. The bank has invited developers to submit proposals for units in central suburbs, western suburbs, the Thane-Kalyan belt, and Navi Mumbai from Kharghar to Panvel. Each apartment must have a MahaRERA-approved carpet area of approximately 55.74 sq. m. and be less than five years old. The purchase will also include 400 parking slots.Read more

12 Oct 2025

Saya Group has partnered with Harmony Infra to develop an ultra-luxury residential project, 'The Horizon Residences,' in Indirapuram, Ghaziabad. Spread over 2 acres, the project will feature 264 premium flats priced between INR 6 crore and INR 8.5 crore. With an investment of INR 550 crore, excluding land acquired in 2018, the company anticipates sales revenue of around INR 1,600 crore. The project has secured RERA and other statutory approvals, and about 100 units have already been booked due to strong demand in the limited supply market.Read more

12 Oct 2025

The Maharashtra government has set up a high-powered committee to manage the redevelopment of nearly 4,900 flats in SVP Nagar Colony, Andheri, aiming to improve housing conditions and modernize urban infrastructure. The committee will select a construction agency through a transparent process and monitor project progress every four months. Responsibilities include resident rehabilitation, monthly rent management, and ensuring alternative housing during construction. This move builds on MHADA's experience with similar large-scale projects, such as Motilal Nagar in Goregaon and Sunteck Realty's Andheri East redevelopment, reflecting a focused approach to urban renewal.Read more

11 Oct 2025

India Accelerator has opened a 10,000 sq ft co-working centre in Surat, Gujarat, providing 280 desks to support startup ventures. This expansion follows the company's recent acquisition of co-working operator MySOHO, which has 18 centres across eight cities, in a cash-equity deal. IA plans to grow its footprint to over 45 hubs in 30 cities, covering 625,000 sq ft and offering 12,500 seats. The strategy integrates workspace facilities with startup support services such as mentorship, investor access, and guidance programs, aiming to strengthen India's growing flexible office ecosystem.Read more

11 Oct 2025

Ashishkumar Chauhan, Managing Director and CEO of the National Stock Exchange, has invested in a 1,900 sq ft luxury apartment in Mumbai's premium Lodha World Towers in Worli. The apartment, purchased for around INR 10 crore, includes three car parking spaces and has a registered value of INR 9.93 crore. Chauhan acquired the property from Lodha Developers, and the transaction was officially registered earlier this week. His annual remuneration at NSE is INR 12.09 crore, reflecting his financial capacity for luxury real estate investments in the city.Read more

11 Oct 2025

The Maharashtra Slum Rehabilitation Authority (SRA) is looking to acquire a new office near Bandra Kurla Complex (BKC), Mumbai, with a carpet area between 10,000 and 20,000 sq ft to support its growing workload. The property must be within 1,000 meters of its current Bandra East office, have 15-25 dedicated parking spaces, and meet all structural and utility compliance standards. Since its formation in the late 1990s, the SRA has completed 2,424 projects and rehabilitated 268,188 slum-dwelling families, offering 1 BHK apartments of around 330 sq ft.Read more

10 Oct 2025

DRA Homes has acquired 4.38 acres of land at Chembarambakkam along the Chennai-Bengaluru Highway, investing INR 50 crore, with projected sales of INR 650 crore. The company plans a mid-segment residential development spanning one million sq. ft., incorporating Gold-rated Green building principles and energy-efficient design. The project will offer homes for long-term residents and flexible short-term stays, along with community amenities like a clubhouse, swimming pool, sports courts, and landscaped spaces. Positioned in a high-growth corridor near industrial hubs and upcoming infrastructure, the project aims to meet India's mobile population's evolving lifestyle needs.Read more

10 Oct 2025

The Lucknow Development Authority's Atal Nagar and Sardar Vallabhbhai Patel housing schemes have drawn significant attention from buyers, reflecting a strong demand for affordable housing. Atal Nagar offers 2,496 flats in Devpur Para with prices starting at INR 9.82 lakh, while Sardar Vallabhbhai Patel provides 72 flats in Dalibagh at INR 10.70 lakh. Within three days, over 5,600 website visits were recorded, leading to more than 2,300 booklet purchases and 117 registrations. Online registration for both schemes is open until early November.Read more

10 Oct 2025

Ajmera Realty & Infra India reported a sharp increase in sales bookings during the second quarter of the current financial year. Bookings rose to INR 720 crore compared to INR 254 crore in the same quarter last year. For the first half of the year, total bookings reached INR 828 crore, up from INR 560 crore in the previous year. The company said that higher demand for its residential projects and a steady flow of new launches helped improve its performance. The growth reflects consistent buyer interest in the housing market, especially in Mumbai.Read more

10 Oct 2025

Tata Housing has launched Tower 14 (Phase 1C) at its New Haven project in Bahadurgarh, following strong sales of over 450 units in previous Phase 1C towers within a month. The new tower offers thoughtfully designed 2 and 3 BHK apartments, IGBC Silver Pre-certified, emphasizing sustainable development. Bahadurgarh's transformation, aided by Urban Extension Road-II, improved metro connectivity, upcoming commercial hubs, and the Bahadurgarh Master Plan 2041, has made it one of NCR's fastest-growing real estate destinations. The launch reflects Tata Housing's commitment to quality, timely delivery, and value-driven residential solutions.Read more