14 Feb 2026

Himachal Pradesh has announced plans to develop three new townships at strategic locations Baddi's Sheetalpur near the Chandigarh border, Morni Hills in Sirmaur district and Lunj near Kangra Airport as part of the state's broader urbanisation and housing expansion strategy. The proposals were highlighted at a meeting of the Himachal Pradesh Housing and Urban Development Authority (HIMUDA) Board, chaired by the Town and Country Planning Minister, with an initial allocation of INR 5 crore to kick-start preliminary activities. These township plans aim to modernise infrastructure, cater to rising residential demand and stimulate growth in key corridors. In addition to the township initiatives, HIMUDA is progressing residential development near Shimla under its Jathia Devi project and introducing policy reforms to streamline land pooling, buy-back and redevelopment across the state.Read more

14 Feb 2026

Alliance City Developers Realtors Pvt. Ltd. has performed the Bhoomi Pujan for Alliance Harmony, a boutique residential development in Matunga, marking the formal start of construction earlier this month. Located on Balkrishna Sule Marg, the project is positioned around a low-density living concept, offering one residence per floor with direct elevator access. The development will comprise spacious 3 BHK apartments and signature 4 BHK sky villas, designed to prioritise privacy, natural light, and cross ventilation. Backed by strong connectivity to educational institutions, transport nodes, and green open spaces, Alliance Harmony targets end-users seeking exclusivity in one of Mumbai's established residential micro-markets. With approvals in place and construction underway, the project adds to Alliance City's growing portfolio of redevelopment-led housing across central and western Mumbai, where demand remains skewed towards limited-supply, lifestyle-oriented developments.Read more

13 Feb 2026

BPTP Capital City in Sector 94, Noida, has been recognised as the Iconic Brand of the Year Commercial at the Realty+ India Brand Leadership Awards. The recognition highlights the project's brand strength, integrated planning, and positioning as a large mixed-use commercial development in the NCR. Designed as a Grade-A office destination with strong sustainability credentials, the project brings offices, retail, food and beverage spaces, and public areas into a single campus. The award reflects growing institutional interest in certified, future-ready commercial assets.Read more

13 Feb 2026

Experion Developers has announced plans to invest INR 1,500 crore in an ultra-luxury residential project in Sector 151, Noida. The five-acre project, named Saatori, will include around 450 units with a total built-up area of nearly 16 lakh square feet and is expected to be completed over the next four to five years. The developer, a subsidiary of Singapore-based Experion Holdings, is expanding amid a softer Delhi-NCR housing market, where overall home sales declined 13 per cent last year, according to PropTiger data.Read more

13 Feb 2026

Shriram Properties Ltd has acquired 100 % equity shares in Shrivision Upscale Spaces Private Limited, making the real estate development firm a wholly owned subsidiary. The acquisition, completed on a cash basis with shares purchased at par value, was disclosed in a regulatory filing on Monday. Shrivision Upscale Spaces, incorporated in late 2022, is engaged in real estate development and construction but has reported no turnover in recent years. Shriram Properties described the acquisition as strategic and undertaken for business reasons, and noted that it does not involve any related party transactions or promoter interests. The move aligns with the company's broader objective of augmenting its development portfolio and operational base in India's residential property sector.Read more

13 Feb 2026

Oberoi Realty has announced that its joint venture firm, I-Ven Realty Ltd, has entered into agreements with Switzerland-based Aman Group to develop and manage a luxury hotel and branded residences project in Worli, Mumbai. The special purpose vehicle, which holds leasehold rights over a 4-acre land parcel on Dr Annie Besant Road, plans to construct an 80-room hotel and 150,000-200,000 sq ft (carpet area) of residential space for sale. Aman will manage the hotel under its brand for an initial 25-year term, extendable by 10 years. The residences will also be marketed and operated under the Aman brand. The hotel is expected to become operational in 2032.Read more

Hyderabad News Desk

13 Feb 2026

Builders and realtors in Telangana have approached the state government seeking permission for farmhouse plotting in conservation and bio conservation zones around Hyderabad. They proposed minimum plot sizes, building coverage limits, and height restrictions to ensure planned development, curb unregulated layouts, and generate state revenue. Under current rules, land in GO 111 areas like Moinabad, Shankarpally, Mokila, and Gandipet remains agricultural, and construction requires a land-use change. Officials said these suggestions could be reviewed under unified building rules, even as concerns persist about protecting environmentally sensitive zones.Read more

12 Feb 2026

Sri Lotus Developers and Realty Ltd has been appointed as the developer for a redevelopment project in Lokhandwala, Mumbai, as disclosed in a regulatory update during the past week. The project adds to the company's presence in Mumbai's redevelopment-driven residential market, particularly in the western suburbs. Lokhandwala has seen consistent redevelopment activity due to ageing buildings and limited land availability. Although project size and financial details were not disclosed, the appointment aligns with the broader trend of developers focusing on urban renewal projects in established residential areas.Read more

Gurugram News Desk

12 Feb 2026

A Gurgaon-based real estate firm has entered the corporate insolvency resolution process after a default claim of approximately INR 274 crore was raised by IDBI Trusteeship Services on behalf of non-convertible debenture holders. The claim covers principal, interest, default interest, and a fixed redemption premium, secured against land in Harsaru, Gurgaon. The developer has contested the default, stating that the NCD redemption dates were extended with consent from the investment manager, making the petition premature. The National Company Law Tribunal appointed an interim resolution professional to manage the proceedings.Read more

12 Feb 2026

Ashiana Housing Ltd has sold 242 units in its kid-centric residential project, Ashiana Aaroham Phase 1 and Phase 2, in Gurugram, achieving a total booking value of INR 767.23 crore. The developer converted Expressions of Interest (EOIs) into confirmed bookings beginning February 7, 2026, with the process currently underway. The booked inventory represents a saleable area of approximately 5.03 lakh sq ft. The first two phases of the project comprise 364 apartments. With these transactions, the company has crossed INR 2,000 crore in area booked during the current financial year, reflecting sustained demand across its portfolio. Ashiana Housing has delivered over 23 million sq ft across multiple cities.Read more