05 Aug 2025

A newly built high-rise residential complex comprising 184 expansive flats for Members of Parliament is set to be inaugurated by Prime Minister Shri Narendra Modi. Located on Baba Kharak Singh Marg, the four-tower project was completed within two years by Sam India Infrastructure under the Central Public Works Department (CPWD). Designed with enhanced space and modern construction techniques, the flats offer generous amenities, including offices, helper rooms, and a community centre. With solar panels and sustainable features, the project aims to achieve a GRIHA 4-star rating.Read more

05 Aug 2025

Auto-component manufacturer Anand Automotive has purchased a 1,550-square-yard bungalow on Kautilya Marg in Delhi for INR 195 crore. With an additional stamp duty of around INR 13.65 crore, the total deal value comes close to INR 209 crore. The high-value transaction adds to a recent string of big-ticket bungalow deals in the capital. Earlier, Endurance Technologies MD Anurag Jain and Aakash Chaudhry of Aakash Educational Services had acquired similar properties in the same area for over INR 130 crore.Read more

04 Aug 2025

Bhubaneswar Development Authority conducted a transparent draw to allocate flats to urban poor under Affordable Housing Projects and in-situ slum redevelopment schemes. A total of 38 beneficiaries were assigned units across multiple sites, each required to contribute a specified beneficiary share. The Vice-Chairman reaffirmed the authority's focus on inclusive urban development and emphasised that infrastructure and basic services are integral to the housing effort. The initiative reflects a continuing commitment to relocate slum-dwellers into formal dwellings and enhance living conditions citywide.Read more

04 Aug 2025

Lodha Developers Ltd is preparing to establish a presence in the Delhi-NCR residential sector, with plans to acquire at least one land parcel during the current financial year. Managing Director and CEO Abhishek Lodha indicated that the company intends to enter the market cautiously, adopting a pilot-based approach and forming a dedicated local team. Known for its operations in Mumbai, Pune and Bengaluru, the developer has recently posted robust financial performance, reporting significant growth in both profits and income during the April-June quarter of the current fiscal year.Read more

04 Aug 2025

Four CIDCO plots located in Nerul's Sector 28 were sold earlier this week for a record INR 7.65 lakh per square metre, fetching nearly INR 1,500 crore in total. The plots were awarded to Parth Life Spaces through CIDCO's tender process. Real estate experts linked the high bid to the upcoming Navi Mumbai International Airport and increasing land scarcity in prime nodes. However, concerns have been raised that such pricing could push average property rates to INR 50,000 per square foot, affecting housing affordability for middle- and lower-income groups in the area.Read more

04 Aug 2025

The Cascades Neopolis in Hyderabad has become the world's largest and India's only residential development to receive the WELL v2 Pre-Certification Platinum from the International WELL Building Institute (IWBI), highlighting a transformative milestone for the country's residential real estate sector. Developed by GHR Lakshmi Urbanblocks Infra LLP'a consortium of GHR Infra, Lakshmi Infra, and Urbanblocks Realty the 63-storey luxury project has been assessed across ten key wellness parameters including air, light, water, and community. It now stands as a benchmark for health-centred design, sustainability, and futuristic urban living in India.Read more

03 Aug 2025

In a significant step towards providing affordable housing, 679 houses have been successfully completed under the Pradhan Mantri Awas Yojana (PMAY) in Bhaderwah, Jammu & Kashmir. This achievement, part of the central government's initiative to house underprivileged families, marks a notable milestone in rural infrastructure and welfare for the region. Bhaderwah Block Development Officer Yasir Ahmed W confirmed the completion, highlighting the government's commitment to "Housing for All," with a special focus on improving living conditions for poor and tribal families who previously resided in unsafe dwellings.Read more

02 Aug 2025

Actor Akshay Kumar recently sold two flats in Borivali East, Mumbai earning nearly 91% profit on the transaction. The combined sale value stood at INR 7.10 crore. These properties, located in Oberoi Sky City, were originally purchased in 2017. One of them, a 1,101 sq ft apartment, fetched INR 5.75 crore, while the smaller 252 sq ft unit was sold for INR 1.35 crore. The resale took place earlier this week, with both transactions showing significant appreciation and highlighting strong demand in the western suburbs.Read more

02 Aug 2025

TIKIDAN, a long-standing player in the construction chemicals sector, has launched Revestidan Protect Max in the Indian market to address the growing need for efficient waterproofing on exposed surfaces. Engineered with polyurethane hybrid technology, this new solution provides long-lasting protection from water seepage, UV exposure and structural wear. It is suitable for a wide range of surfaces and is especially useful for re-waterproofing and areas prone to damage such as high-rise rooftops and zones beneath water tanks. Its seamless application reduces the need for repairs while enhancing surface durability.Read more

01 Aug 2025

The Telangana Housing Board recently conducted an online auction for a one-acre commercial plot in KPHB Phase 4 that fetched over INR 65 crore. Winning the bid was the Institute of Chartered Accountants of India (ICAI), amid competition from eleven bidders. Simultaneously, 131 Rajiv Swagruha apartments in Bandlaguda were allocated by lottery to middle-income beneficiaries, raising INR 26 crore in total. These transactions reflect the government's continuing strategy to provide affordable urban housing while netting revenue from surplus assets.Read more