Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
20 Apr 2026
Self-redevelopment of housing societies in Mumbai is seeing steady growth with active support from the state government. A dedicated authority and financial backing have encouraged over 1,600 societies to explore independent redevelopment. The model is gaining attention as it allows residents to retain control and avoid delays linked to private developers. With nearly 13,500 old and dilapidated buildings still pending redevelopment, this approach is emerging as a practical alternative. However, access to funding, technical expertise and approvals remain key challenges that societies continue to face.Read more
20 Apr 2026
The Enforcement Directorate has arrested former senior executives of the Anil Dhirubhai Ambani Group, Amitabh Jhunjhunwala and Amit Bapna, in a money laundering case linked to alleged loan diversion at Reliance Home Finance and Reliance Commercial Finance. The probe focuses on loans given to weak entities and routed through shell companies. Authorities suspect senior-level involvement in approvals. The case follows earlier action by the CBI and is part of a wider investigation into financial irregularities and fund misuse within group companies.Read more
19 Apr 2026
N Biren Singh inspected the ongoing construction of a new integrated terminal at Imphal airport, directing officials to ensure timely completion and adherence to quality standards. The project, being developed by the Airports Authority of India, is expected to significantly enhance passenger handling capacity from 1.39 million to 5 million passengers annually and enable round-the-clock operations. The new terminal will also expand parking capacity from around 100 to over 1,000 vehicles. Officials briefed the state government on construction progress and key infrastructure components. The development forms part of broader efforts to strengthen aviation infrastructure and connectivity in the North-East region.Read more
19 Apr 2026
The Lucknow Development Authority (LDA) is planning to redevelop its ageing low-rise residential buildings into high-rise structures to improve land use and increase housing supply. The move follows the state's urban redevelopment policy targeting buildings over 25 years old or structurally weak. The plan aims to modernise infrastructure, improve living conditions, and support rising demand in the city. It also aligns with LDA's broader focus on affordable housing, new residential schemes, and infrastructure upgrades, indicating a steady shift towards vertical development in Lucknow's urban planning approach.Read more
19 Apr 2026
Property tax payments in Bengaluru have slowed as apartment residents face confusion over newly introduced solid waste management (SWM) charges. Bulk waste generators must submit detailed data to claim exemptions, but most housing societies do not track daily waste generation. The lack of clarity on the civic portal, uncertainty over vendor approvals, and fear of penalties for incorrect entries have delayed compliance. Residents have also questioned high charges and unclear responsibility between flat owners and associations, highlighting gaps in implementation and coordination.Read more
19 Apr 2026
The Andhra Pradesh Capital Region Development Authority (APCRDA) has opened an Anna Canteen at its headquarters in Rayapudi, Amaravati, to improve food access for employees working across the office campus and nearby municipal department offices. APCRDA Commissioner V. Vijayarama Raju inaugurated the facility in the presence of senior officials, including Additional Commissioner A. Bhargava Teja. The new canteen is expected to benefit staff by providing affordable meal services within the office premises. The initiative also reflects ongoing efforts to strengthen employee support infrastructure in the capital region's administrative hub.Read more
19 Apr 2026
Union Law and Justice Minister Arjun Ram Meghwal has outlined the government's focus on strengthening institutional arbitration, decriminalising minor offences, and modernising legacy laws to improve India's business environment. Speaking at an international arbitration conference in New Delhi, he highlighted that nearly 1,000 offences have been decriminalised to enhance regulatory efficiency. The government is also reviewing arbitration frameworks and outdated provisions in laws such as the Indian Succession Act, 1925. Additional measures include reforms in the criminal justice system, technology adoption in legal processes, and a new Public Trust Bill passed recently, indicating a broader push to align legal systems with economic and constitutional priorities.Read more
19 Apr 2026
Bengaluru is witnessing a slowdown in A-khata approvals, with only a small fraction of applications cleared despite a large base of eligible properties. Out of over 8,300 applications filed since the conversion process opened, just around 800 approvals have been granted, highlighting systemic bottlenecks. Missing documentation, including approved layout plans and access records, has emerged as a key hurdle, while high conversion charges linked to guidance value have deterred applicants. The issue affects an estimated 8.2 lakh B-khata properties awaiting regularisation. The delays continue to impact property transactions, financing and development activity, underlining structural challenges in Bengaluru's property record framework.Read more
19 Apr 2026
The PMLA Appellate Tribunal has provided major relief to developer Avinash Bhosale by setting aside most of the Enforcement Directorate's asset attachments in the Yes Bank DHFL case. While properties worth over INR 163 crore were earlier attached, the tribunal retained only around INR 25 crore linked to specific transactions. It found that several deals examined by the ED were older and not directly connected to the alleged offence. The case relates to Yes Bank's INR 3,700 crore investment in DHFL and the alleged diversion of funds through multiple entities.Read more
19 Apr 2026
The Haryana Real Estate Regulatory Authority (HRERA) has ordered Vatika Ltd to pay approximately INR 62 lakh in compensation to homebuyers for failing to deliver a residential plot in Gurugram even after more than a decade. The ruling, issued in the past week, relates to a plot in Sector 85 under the Vatika India Next project, where possession promised earlier remained unfulfilled. HRERA found that the allotted plot was not part of the approved layout plan, making delivery unfeasible. The authority directed the developer to compensate buyers for financial loss and prolonged delay, reinforcing regulatory scrutiny over project compliance and timelines in the NCR real estate market.Read more