Real Estate News
Stay updated with the latest developments in the Indian real estate market.
LIC Housing Finance’s net profit rises 12% to ₹1,506.59 crore in Q2 FY27
Oct. 31, 2026, 4:32 a.m.
In Q2 FY27, LIC Housing Finance showcased a notable financial performance, with a net consolidated profit after tax of ₹1,506.59 crore, reflecting an 11.7 percent increase. Their total disbursements climbed to ₹18,127 crore, marking an 11 percent rise compared to last year. Additionally, the gross non-performing assets improved to 2.05 percent, down from 2.51 percent, and the first half's profit rose by 10.6 percent to ₹3,005.
Read MoreDelhi gears up for pollution curbs from November 1; construction ban among measures
Oct. 31, 2026, 4:28 a.m.
Beginning November 1, Delhi is set to introduce crucial air pollution reduction measures. These initiatives will impose limitations on older vehicle models and prohibit construction activities that create dust. To further deter private car use, parking charges will rise, while both government and private offices will embrace staggered hours and remote work policies. Authorities will take action against open burning of waste and enforce penalties for offenders.
Read MoreTamil Nadu sand truck owners announce three-day strike from November 1
Oct. 31, 2026, 4:13 a.m.
From November 1 to 3, sand truck owners in Tamil Nadu are set to go on strike. This decision is rooted in their outcry against corruption within both transport and mining sectors. The Tamil Nadu State Sand Lorry Owners’ Federation is advocating for a unified e-way bill system to deter illegal operations and insists on the installation of GPS tracking devices in mineral transport.
Read MoreSupertech homebuyers move SC as 17 stalled projects remain stuck, ₹30 crore spent
Oct. 31, 2026, 4:02 a.m.
Homebuyers of Supertech Limited have raised significant concerns regarding the lack of progress on stalled housing projects. The Homebuyers’ Association alleges that funding for the projects has been repeatedly declined, despite available proposals. The Association urges the Supreme Court to appoint a One-Man Committee for project completion. They emphasize the financial burden on homebuyers due to growing expenses without any delivered units.
Read MoreTelangana RERA bars sale of nine flats in Tellapur project after double-sale allegations
Oct. 31, 2026, 3:59 a.m.
The Telangana Real Estate Regulatory Authority has intervened in a situation involving a Sangareddy district developer facing allegations of double selling residential flats. Victims of the alleged fraud reported that they had paid significant amounts but encountered delays and unexpected requests for more funds. To safeguard the properties from further transactions that could escalate legal conflicts, the authority has issued an interim order.
Read MoreIBBI tightens real estate insolvency rules to prioritise home delivery
Oct. 31, 2026, 3:57 a.m.
India's insolvency regulator has implemented new rules to prioritize project completion and better homebuyer oversight. Independent assessments of construction progress and funding needs are now mandatory for real estate projects. Creditors with at least 66% voting share can recommend excluding projects from insolvency proceedings. Homebuyers will now have representation on monitoring committees to oversee implementation. These measures aim to improve transparency and protect the interests of ho
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