24 minutes ago

• Bihar is preparing to launch a paperless property registration system to reduce paperwork and simplify land and property transactions.
• The new system is expected to allow citizens to complete most registration-related formalities digitally, reducing visits to sub-registrar offices.
• The initiative is part of the state's wider digital governance push, which includes online registration services, e-stamping and integrated land records management.
• Recent reforms such as doorstep property registration for senior citizens and automatic mutation systems have already strengthened Bihar's land administration framework.
• The move is aimed at improving transparency, reducing processing time and making property registration more efficient for buyers and sellers.Read more

1 hour ago

The National Bank for Agriculture and Rural Development (NABARD) is set to raise up to INR 70 billion through a bond issuance with a tenure of three years and one month. The proposed fundraising includes a base issue size of INR 20 billion and a greenshoe option of INR 50 billion. NABARD has invited coupon and commitment bids for the issue, with bidding scheduled for June 10. The bonds have been assigned the highest credit rating of AAA by both ICRA and CRISIL. The fundraising exercise forms part of the development financial institution's borrowing programme to support its lending and refinancing activities focused on agriculture, rural infrastructure and allied sectors across India.Read more

Ghaziabad News Desk

2 hours ago

• Uttar Pradesh has approved an INR 350 crore investment to procure advanced fire tenders and hydraulic platforms for 11 major cities witnessing rapid high-rise development.
• Ghaziabad will receive two 102-metre fire tenders, while Lucknow and Varanasi are set to get high-reach firefighting vehicles capable of handling emergencies in tall buildings.
• The equipment will include hydraulic platforms, telescopic boom systems and turntable ladders designed for rescue and firefighting operations in high-rise structures.
• The move follows growing concerns over fire safety in multi-storey residential and commercial projects across the state.
• The initiative is expected to strengthen emergency response infrastructure as urbanisation and vertical development continue to expand across Uttar Pradesh.Read more

3 hours ago

• The proposed 207.8-km Ramagundam-Manuguru railway line has received key approvals and will be developed at an estimated cost of INR 5,818.45 crore.
• The project will connect coal-producing, industrial and tribal regions across Telangana, improving both passenger and freight movement.
• The new corridor is expected to reduce travel distance between Ramagundam and Manuguru by nearly 90 km while enhancing connectivity to remote districts.
• The railway line is likely to strengthen logistics for coal transportation, support industrial growth and improve access to important locations such as Medaram.
• Authorities are targeting completion of the project within the next five years, including land acquisition and construction activities.Read more

4 hours ago

The Karnataka government has handed over houses to 427 families in Madikeri, providing permanent shelter to beneficiaries under a state-supported housing programme. The initiative is aimed at improving housing access for economically weaker families and those in need of secure accommodation. The housing distribution is part of the state's broader affordable housing and social welfare efforts. With the latest allotment, the government has taken another step towards addressing housing shortages in the region, while helping beneficiary families gain better living conditions, residential security and long-term stability.Read more

10 Jun 2026

APCRDA Additional Commissioner Kollabathula Karthik conducted an inspection of roads and key junctions in Undavalli as part of ongoing plans to improve road infrastructure in the Amaravati capital region. The visit focused on proposed road widening works being undertaken in coordination with various government departments. Accompanied by CRDA Special Deputy Collector A.G. Chinnikrishna, the official reviewed locations likely to be affected by the project, including residential areas near the roads. During the inspection, local residents and farmers raised concerns related to the village, and officials assured them that the issues would be addressed on priority.Read more

10 Jun 2026

• National highway developers have urged the government to notify predefined rates for key construction materials such as bitumen and petroleum products for projects currently under bidding.
• Industry players say differences between estimated project costs and prevailing market prices are creating uncertainty in bid calculations.
• Contractors believe fixed benchmark rates will help improve transparency, reduce speculative bidding and ensure fair competition.
• The demand comes as the government continues to award large highway projects through the National Highways Authority of India (NHAI).
• Developers have also sought greater clarity in cost assessment mechanisms to improve project viability and execution.Read more

10 Jun 2026

Tata Capital Housing Finance is set to raise up to INR 11.25 billion through the issuance of five-year bonds, according to market participants. The proposed fundraising comprises a base issue size of INR 10 billion and a greenshoe option of INR 1.25 billion. The company has fixed a coupon rate of 8.15% and invited commitment bids for the issue on June 10. The bonds have received AAA ratings from CRISIL and ICRA, reflecting the highest level of creditworthiness. The proposed debt issuance comes as non-banking financial companies and housing finance firms continue to access domestic bond markets to secure long-term funding for lending operations, including housing finance and retail credit activities.Read more

10 Jun 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has rolled out an extensive monsoon preparedness strategy across Metro Lines 2A, 2B, 7 and 9 to ensure uninterrupted operations during the rainy season. The plan includes deployment of 2,496 CCTV cameras, 30 emergency water pumps, five standby trains, a 24x7 disaster control room and AI-enabled monitoring systems. Special attention has been given to Metro Lines 2B and 9, which are experiencing their first operational monsoon. The initiative also covers flood mitigation, infrastructure maintenance, passenger communication, weather monitoring and coordinated emergency response mechanisms.Read more

10 Jun 2026

Mumbai-based Agami Realty has announced Agami Legends, an ultra-luxury residential project in Kalanagar, Bandra East, overlooking the MIG Cricket Club and Mahim Bay. The development marks a new addition to the city's premium housing segment and is inspired by the values associated with cricket, including discipline, strategy and legacy. Former Indian cricket captain Sunil Gavaskar has joined Agami Realty as its brand ambassador and will endorse the project. Planned as a low-density residential tower with 67 homes, the development aims to combine privacy, connectivity and thoughtfully designed living spaces in one of Mumbai's established residential neighbourhoods.Read more

10 Jun 2026

• Indian Railways has approved the INR 220.51 crore doubling of the 10.65-km Mararikulam-Alappuzha rail section in Kerala.
• The project will remove the last remaining single-line bottleneck on the Ernakulam-Alappuzha-Kayamkulam corridor.
• Once completed, the upgraded section will support nine additional passenger trains in each direction every day.
• The project is expected to increase freight capacity by 2.88 million tonnes annually and improve network efficiency.
• The approval forms part of the Centre's ongoing efforts to strengthen rail infrastructure and capacity across Kerala.Read more

10 Jun 2026

Janus Henderson Group has announced plans to close and liquidate its Janus Henderson U.S. Real Estate ETF (JRE), marking the end of the fund’s operations. The asset manager said the ETF will stop accepting creation orders in August, with trading set to be halted shortly thereafter. Investors holding shares in the fund will receive liquidation proceeds following the completion of the process. The move comes as asset managers continue to review product offerings and streamline investment portfolios based on investor demand, assets under management and market conditions.Read more

10 Jun 2026

• The Great Nicobar Project aims to develop the island into a strategic maritime and economic hub near the East–West international shipping route while strengthening India's security presence in the Indo-Pacific region.
• The project includes a transshipment terminal, international airport, township and hybrid gas-solar power plant to support long-term regional development.
• Authorities have emphasised environmental safeguards, including 42 clearance conditions, phased implementation and compensatory afforestation measures.
• The government has stated that no displacement of Shompen and Nicobarese communities is proposed, with tribal welfare and ecological protection integrated into project planning.Read more

10 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) carried out a special drive to remove unauthorized encroachments in parts of Amaravati as part of the capital city's planned development and zoning regulations. The exercise was conducted in Krishnayapalem and Venkatapalem villages, where officials cleared structures obstructing roads, footpaths and public land. Authorities stated that the initiative was aimed at improving public safety, easing traffic movement and ensuring compliance with urban planning norms. APCRDA also cautioned against future encroachments on government land and public spaces, warning that violations would attract strict action under existing regulations.Read more

10 Jun 2026

Riyad REIT has completed the sale of a property held through one of its international investments, Riyad International Real Estate (IV). Following the transaction, the fund's total proceeds from the investment have reached SAR 67 million. The fund manager stated that the disposal is expected to strengthen Riyad REIT's liquidity position and provide additional financial flexibility. The proceeds are planned to be deployed across several strategic initiatives aimed at supporting the fund's investment objectives. The transaction forms part of the fund's ongoing efforts to optimise its portfolio and manage capital efficiently.Read more

10 Jun 2026

The Municipal Corporation of Delhi (MCD) has demolished 26 unauthorised properties across the capital as part of an intensified enforcement drive launched following a recent fire tragedy that exposed serious violations of building and fire safety norms. The action forms part of a wider crackdown by civic and government authorities targeting illegal constructions, encroachments and buildings operating without mandatory approvals. The drive has focused on properties found to be in breach of sanctioned building plans, occupancy regulations and safety requirements. Authorities have indicated that enforcement measures, including demolitions and sealing operations, will continue across multiple zones as Delhi seeks to strengthen compliance with urban development and fire safety regulations after the deadly incident.Read more

10 Jun 2026

• Adani Ports and Special Economic Zone (APSEZ) has secured a 10-year marine services contract linked to Argentina’s first operational LNG export project, marking its entry into South America.
• The contract was awarded through a consortium between Adani Harbour International FZCO and Argentina-based Meridian Group following a global competitive bidding process.
• The consortium will provide tugboat operations, offshore logistics support and crew transfer services for the Southern Energy FLNG project.
• The project is expected to strengthen energy trade links between India and Argentina and support LNG exports of up to 10 million tonnes annually from 2027.Read more

10 Jun 2026

Tata Consultancy Services (TCS) has renewed the lease for nearly 1.5 million sq ft of office space at its Chennai campus in a deal valued at approximately INR 1,420 crore over ten years, making it one of India's largest office lease renewals of 2025. The long-term commitment reinforces Chennai's position as a key technology and business destination while reflecting continued demand for large-scale Grade A office spaces. The transaction also highlights the confidence of major IT firms in maintaining substantial physical workspaces despite evolving workplace strategies across the sector.Read more

10 Jun 2026

The Uttar Pradesh government has initiated a review of legal provisions governing real estate transactions under the Real Estate (Regulation and Development) Act (RERA), corporate restructuring and Limited Liability Partnerships (LLPs) as part of a broader effort to simplify business processes and improve the ease of doing business in the state. Chief Minister Yogi Adityanath has directed officials to align existing legal frameworks with evolving economic and investment requirements amid rapid urbanisation and growing real estate activity. The proposed reforms are expected to streamline property-related transactions, strengthen transparency and modernise administrative processes within the Stamp and Registration Department. The move forms part of the state's wider push towards technology-driven governance and investor-friendly regulatory systems.Read more

10 Jun 2026

• The Rajasthan High Court has ruled that toll collection rights granted by NHAI to concessionaires are taxable under GST when provided as consideration for highway construction services.
• The judgment arose from a dispute involving CG Tollway Limited, which developed a section of NH-8 under a DBFOT concession model.
• The court clarified that while toll paid by road users remains GST-exempt, the right to collect toll granted in return for construction work does not qualify for the same exemption.
• The ruling upheld a GST demand exceeding INR 16 crore against the concessionaire.
• The decision could have significant implications for road developers and infrastructure companies operating under BOT and concession-based highway projects.Read more

10 Jun 2026

The Chicago Bears have taken a significant step toward potentially relocating their future home stadium to Hammond, Indiana, after the team's board of directors approved moving forward with the project. While a final site has not yet been selected, the decision marks the first time the board has formally voted on a stadium location. The move follows a lack of legislative support in Illinois for stadium-related incentives and comes as Indiana continues to offer substantial financial assistance. If completed, the project could see the Bears play home games outside Illinois for the first time in the franchise's 106-year history.Read more

10 Jun 2026

Adani Energy Solutions Ltd (AESL) has signed a binding agreement to acquire a 100 per cent equity stake in IntelliSmart Infrastructure for INR 3,050 crore, subject to regulatory approvals. The transaction is expected to strengthen AESL’s position in India’s rapidly expanding smart metering sector by increasing its smart meter portfolio to more than 4.7 crore units. IntelliSmart, a joint venture between the National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Ltd (EESL), operates across several key states and is among the country’s leading smart meter asset owners and operators.Read more

10 Jun 2026

Godrej Properties has reported home sales worth more than INR 20 billion at the launch of its residential project, Godrej Vanantara. The strong response highlights sustained demand for residential housing despite evolving market conditions. The sales achievement adds to the company's growing portfolio of successful project launches and reflects continued buyer interest in branded developments offered by established developers. The performance is also in line with the broader trend of healthy residential demand seen across key Indian property markets, where end-users and investors continue to drive sales in newly launched projects.Read more

10 Jun 2026

The Central Bureau of Investigation (CBI) has filed a chargesheet against Gurugram-based Ninex Developers and one of its directors as part of its ongoing investigation into the alleged builder-banker nexus that has affected thousands of homebuyers. The case forms part of a Supreme Court-mandated nationwide probe into allegations of cheating, diversion of funds and financial irregularities involving real estate developers and unidentified officials of banks and financial institutions. The agency has alleged that the developer lured homebuyers and investors through misleading assurances and collected funds without fulfilling project commitments. The chargesheet is the 11th filed by the CBI under the wider investigation, which currently covers 50 cases across the country involving housing projects and alleged fraud against homebuyers.Read more

10 Jun 2026

Swiss construction chemicals manufacturer Sika is positioning itself for growth by expanding its presence in China's renovation sector, strengthening its automotive business, and capitalising on rising demand for data centres globally. The company has adjusted its strategy in China by reducing its reliance on new-build projects and focusing more on refurbishment work in mature urban markets. In the United States, Sika is increasing its share in infrastructure projects such as roads and bridges, while also benefiting from growing investments in data centres across Europe and Asia. The company also sees early signs of improvement in parts of the European construction market.Read more

10 Jun 2026

Maharashtra Chief Minister Devendra Fadnavis approved 65 railway infrastructure projects under the state Rail Infrastructure Development Corporation, MahaRail, at a review meeting in Mumbai on Monday. The projects forming the first phase of 131 proposed works on roads under the Public Works and Urban Development departments include railway overbridges, underpasses, and pedestrian bridges aimed at eliminating level crossings across the state. A total of 80 railway infrastructure projects have been proposed in urban centres statewide, with 17 in the Mumbai Metropolitan Region alone. Funding is to be arranged through HUDCO, with mechanisms to reduce borrowing costs being explored.Read more

10 Jun 2026

The Supreme Court has been urged to direct the Municipal Corporation of Delhi (MCD) to disclose the action taken against illegal and unauthorised constructions across the capital following the collapse of a five-storey building in Saidulajab that killed six people and injured at least 14 others. A court-appointed amicus curiae has sought a comprehensive affidavit detailing enforcement measures, structural audits and action against erring officials. The plea highlights alleged regulatory failures despite repeated bookings of the building for unauthorised construction over more than a decade. The development comes amid heightened scrutiny of illegal constructions in Delhi and broader judicial concerns regarding violations of building regulations, land-use norms and municipal enforcement mechanisms.Read more

10 Jun 2026

Marriott International has entered into a multi-property agreement with CG Hospitality Global to develop three luxury hotels across India and Nepal, strengthening its expansion strategy in South Asia. The partnership will add nearly 450 rooms to Marriott’s regional portfolio by 2031 through the development of The Ritz-Carlton Kathmandu, The Westin Kathmandu and JW Marriott Hotel Siliguri in West Bengal. The projects are aimed at tapping growing demand in key hospitality markets across the region. CG Hospitality Global, part of CG Group Global, brings extensive regional expertise and operates a portfolio of more than 220 hotels and resorts across 12 countries. The agreement reflects continued investment activity in South Asia’s premium hospitality segment.Read more

10 Jun 2026

• Mumbai’s food culture extends beyond popular restaurants, with many lesser-known neighbourhood eateries located near railway stations forming a strong local food map across the city.
• These spots include long-standing Maharashtrian breakfast stalls, iconic South Indian cafés, seafood joints, Indo-Chinese eateries, and heritage restaurants serving traditional recipes passed down over decades.
• Often within walking distance of major stations, these hidden gems remain everyday favourites for locals, offering authentic flavours, affordability, and cultural depth away from mainstream tourist attention.Read more

10 Jun 2026

The Supreme Court has directed the implementation of a mediated settlement in a long-running dispute involving the family of late real estate developer Ashok Varma and assets linked to the Ardee Group. The matter, centred on control of family-owned real estate holdings and business interests, involved Varma's daughters, Shefali Varma and Shibani Varma Kapur. Following mediation led by former Supreme Court judge Justice Kurian Joseph, the parties reached an agreement resolving major areas of contention. The apex court has now ordered execution of the settlement and granted time for completion of the implementation process. The development marks a significant step towards concluding years of litigation surrounding one of the prominent family disputes connected to the Gurugram-based real estate group.Read more

10 Jun 2026

• MMRDA’s Annual Accounts for FY 2023–24 reflect continued investment in major transport, water supply and regional infrastructure projects across the Mumbai Metropolitan Region.
• The Authority’s Budget 2026–27 marks its first surplus budget since 2017–18, with a total outlay of INR 48,072.57 crore and a projected surplus of INR 17 lakh.
• Around 87% of the proposed expenditure has been earmarked for development projects and schemes, underscoring a strong infrastructure-focused spending strategy.
• The budget prioritises regional connectivity, urban mobility, water security, climate resilience and decentralised growth under the Mumbai 3.0 development vision.Read more

10 Jun 2026

• A fatal incident in a Greater Noida housing society has raised concerns over structural safety in high-rise residential buildings.
• Authorities have ordered a structural audit of the affected residential complex following the accident.
• Residents staged protests, demanding accountability and immediate safety inspections across the project.
• The incident has reignited discussions around maintenance standards and long-term building safety in NCR's housing sector.Read more

10 Jun 2026

Avani Infratech has announced plans to invest around INR 750 crore over the next five years to develop three real estate projects in Gurugram and Sonipat, Haryana. The Delhi-based developer will launch all three developments during the current financial year, spanning residential, commercial and industrial segments. The planned projects include an integrated residential-commercial development in Sonipat, a group housing project in Sohna Sector 2, and a new industrial township at Sonipat-Kharkhouda. The company, part of the RASA Group, has already delivered six projects covering more than 11 lakh sq yd and maintains a land bank exceeding 300 acres for future expansion. The investment forms part of its strategy to strengthen its presence in emerging growth corridors across northern India.Read more

Mumbai News Desk

10 Jun 2026

• An under-construction public toilet project in Kharghar, Navi Mumbai, built at an estimated cost of INR 2.3 crore, was demolished following action by authorities.
• The structure was reportedly removed after issues emerged regarding land permissions and regulatory approvals associated with the project.
• The demolition has sparked concerns over planning processes, project monitoring and the utilisation of public funds.
• Civic and political stakeholders have sought accountability over how the project progressed to an advanced stage before being declared unauthorised.Read more

Ahmedabad News Desk

10 Jun 2026

The Ahmedabad Municipal Corporation (AMC) has introduced a new policy requiring developers and utility agencies to bear the cost of traffic congestion caused by road excavation and construction activities. The framework links penalties to the extent of disruption created on public roads and is aimed at improving traffic management, reducing prolonged road occupation and ensuring faster restoration of excavated stretches. Civic officials have stated that the measure forms part of a broader effort to improve urban mobility and strengthen accountability among agencies carrying out infrastructure and development works across the city.Read more

10 Jun 2026

Polish residential developer Robyg is preparing to launch an initial public offering (IPO) on the Warsaw Stock Exchange as it looks to support its next phase of growth. The company expects to raise around USD 109 million through the issue of new shares, with the proceeds primarily earmarked for expanding its land bank and advancing residential developments across Poland. Existing shareholder TAG Beteiligungs- und Immobilienverwaltungs will also sell part of its stake during the offering while retaining majority ownership. The IPO will include a retail investor component, with 10% of the offered shares reserved for individual investors.Read more

10 Jun 2026

• Delhi authorities have launched a large-scale enforcement drive against unauthorised constructions and misuse of properties following the fatal Hauz Rani bed-and-breakfast fire that claimed 21 lives.
• Since June 1, demolition action has been taken against 82 properties, while 43 buildings have been sealed across various municipal zones in the capital.
• The crackdown is targeting violations of sanctioned building plans, illegal commercial use of premises and other regulatory breaches.
• Officials have indicated that inspections and enforcement measures will continue as part of efforts to strengthen urban safety and compliance.Read more

10 Jun 2026

Smartworks Coworking Spaces Ltd has secured a five-year leasing agreement with the Indian subsidiary of a Japanese non-banking financial company (NBFC) for more than 400 desks at its Mumbai centre. The transaction is expected to generate rental revenue of approximately INR 35 crore over the contract period. The deal comes as demand for managed office spaces continues to strengthen across India’s major business hubs. As of March 31, 2026, Smartworks operated 66 centres spanning 16.1 million sq ft across 15 cities in India and Singapore. The company also reported a turnaround in its financial performance during FY2025-26, posting a net profit against a loss in the previous fiscal year amid strong growth in total income.Read more

Bangalore News Desk

10 Jun 2026

The Karnataka High Court has upheld the acquisition of land for the Banashankari VI Stage layout project in Bengaluru, providing a significant boost to one of the city's major residential development schemes. The court dismissed petitions challenging the acquisition process and reaffirmed the legality of the land acquisition undertaken for the Bengaluru Development Authority (BDA) project. The ruling is expected to facilitate the continuation of infrastructure and housing development works within the proposed layout, which has been planned to accommodate the city's growing urban expansion requirements.Read more

10 Jun 2026

The Delhi government has commenced a major sewer infrastructure project worth INR 138 crore in North East Delhi's Karawal Nagar constituency, aiming to address long-standing sanitation and civic infrastructure deficiencies. Announced by Chief Minister Rekha Gupta alongside Union Minister of State and Delhi BJP president Harsh Malhotra, the project will expand sewer connectivity across localities including Sonia Vihar, Milan Garden, Chauhan Patti and Sabhapur Extension. The initiative forms part of a broader package of development works exceeding INR 300 crore approved for the constituency over the past year. Besides strengthening sewer infrastructure, the government has outlined plans for water supply improvements, road upgrades and healthcare facilities as part of a wider push to improve urban services in the area.Read more

10 Jun 2026

GIFT City, India’s first International Financial Services Centre (IFSC) located in Gujarat, is emerging as a major destination for global financial activity and wealth management. Designed to operate under a specialised regulatory framework, the financial hub enables Non-Resident Indians (NRIs), investors and institutions to undertake transactions in foreign currencies while accessing international financial products and services from within India. Tax incentives, simplified regulations and the ability to conduct transactions without mandatory conversion into INR have contributed to its growing appeal. Financial institutions are increasingly offering dedicated products linked to the IFSC ecosystem, allowing NRIs to manage deposits, investments and cross-border transactions through a globally aligned framework.Read more

10 Jun 2026

• Andhra Pradesh has introduced a policy allowing large data centres with a minimum 300 MW connected load to operate as deemed distribution licensees and procure power directly.
• The move is aimed at supporting the state's AI and data centre ambitions, particularly in Visakhapatnam, where up to 5 GW of capacity is planned, including Google's proposed 1 GW campus.
• The policy mandates 51% renewable energy sourcing while protecting the interests of existing power distribution companies.Read more

Delhi News Desk

10 Jun 2026

The Delhi High Court has brought JK Paper into an ongoing legal dispute over a high-value bungalow on Prithviraj Road in Lutyens’ Delhi, a property acquired by the company for INR 250 crore in 2021. The case relates to claims made by Punit Beriwala, Managing Director of Vipul Ltd, who has alleged that he secured rights in the property through financial arrangements with the original owners nearly two decades ago. With the current owner now formally included in the proceedings, the court will examine competing ownership claims surrounding one of Delhi’s most expensive residential properties.Read more

Visakhapatnam News Desk

10 Jun 2026

• Several stormwater drains in Visakhapatnam are reportedly carrying untreated sewage and waste instead of rainwater, raising environmental concerns.
• Experts and civic groups warn that the pollution is affecting local water bodies, coastal ecosystems and public health.
• Encroachments, inadequate sewage infrastructure and poor maintenance have been cited as key reasons for the deteriorating condition of the drains.
• The issue has renewed calls for comprehensive drainage reforms and stronger wastewater management measures in the city.Read more

10 Jun 2026

The Chandigarh Municipal Corporation (MC) has revised the conditions of its construction and demolition (C&D) waste management tender after repeated bidding rounds failed to attract adequate private sector participation. The civic body has eased eligibility norms and modified key tender clauses to improve the project's financial viability and encourage greater competition. The move is aimed at ensuring the smooth operation of the city's C&D waste processing facility, which plays an important role in managing construction debris, promoting recycling and reducing illegal dumping. The revised tender is expected to generate stronger interest from potential operators.Read more

Noida News Desk

09 Jun 2026

The Federation of Noida Residents Welfare Associations (FONRWA) has called for a comprehensive fire safety audit of hotels, paying guest accommodations (PGs), high-rise residential towers and commercial buildings across Noida. The demand comes amid growing concerns over fire preparedness and compliance with safety norms in densely populated developments. The federation has urged authorities to inspect fire-fighting systems, emergency exits and evacuation mechanisms, while ensuring strict action against violations. Resident groups believe regular audits and stronger monitoring are essential to improving safety standards and reducing risks in the rapidly expanding urban landscape.Read more

09 Jun 2026

• NFHS-6 (2023–24) data indicates a rise in the proportion of women in Karnataka who own a house and/or land, either independently or jointly with others.
• The survey points to growing participation of women in property ownership compared with previous survey rounds conducted in the state.
• Karnataka's ownership figures remain higher than several national indicators relating to women's asset ownership and financial inclusion.
• The findings highlight changing patterns of household asset ownership and greater representation of women in property holdings across urban and rural areas.Read more

Hyderabad News Desk

09 Jun 2026

Property registration charges have increased significantly across several of Hyderabad's major growth corridors following the Telangana government's revision of market values that came into effect on June 5. The sharpest increases have been recorded in rapidly developing locations such as Kokapet, Neopolis, Financial District, Narsingi and surrounding micro-markets, where land values and real estate activity have surged in recent years. The revised rates are expected to raise transaction costs for buyers while aligning government valuations more closely with prevailing market prices across the city's high-demand property markets.Read more

09 Jun 2026

• Chandigarh Municipal Corporation has accelerated the digitisation of land and ownership records in five villages under the NAKSHA pilot project.
• Officials have been directed to complete pending work within the stipulated timeline after a review of the project's progress.
• Villages covered under the initiative include Sarangpur, Attawa, Burail, Kajheri and Palsora, where field verification work has largely been completed.
• More than 13,000 properties have been mapped and verified as part of Chandigarh's broader GIS-based land records programme.
• The project is expected to improve transparency, reduce land ownership disputes and strengthen urban and village planning through accurate digital records.Read more

09 Jun 2026

Naeem Real Estate Holding Group is reviewing a potential restructuring of part of its real estate portfolio as it explores transferring selected assets into a real estate fund. The move is currently under study and forms part of the company's efforts to assess alternative ownership and management structures for certain properties. While the company has not disclosed details regarding the assets involved or the timeline for implementation, the proposal could help streamline asset management and improve operational efficiency. Further details are expected once the evaluation process is completed and a final decision is taken.Read more