Real Estate News

Stay updated with the latest developments in the Indian real estate market.

Don’t issue completion certificates to buildings in aquifer zones: Madras HC tells GCC

Oct. 29, 2026, 4:17 a.m.

The Madras High Court has mandated the Greater Chennai Corporation to impose strict regulations on Aquifer Recharge Zones, which include Kottivakkam, Palavakkam, and Uthandi. Construction activities in these areas will now be under vigilant scrutiny, highlighting the importance of following the Tamil Nadu Combined Development and Building Rules. A dedicated monitoring committee will be tasked with overseeing development and ensuring all future permits comply with these essential regulations.

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Noida authority board adopts model building regulations to remove FAR cap

Oct. 29, 2026, 4:01 a.m.

The Noida Authority has green-lighted the implementation of the Model Building Regulations, 2026, aimed at transforming urban landscapes. With the removal of the FAR cap for group housing along extensive 45-metre roadways, high-rise structures are set to gain momentum. Moreover, a master developer for the envisioned AI City-cum-Business Park will be appointed via competitive bidding.

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Keralam orders vigilance probe into KIIFB land acquisition in Kannur

Oct. 29, 2026, 3:44 a.m.

The Kerala government's Cabinet convened to decide on a thorough inquiry into the land acquisition practices of KIIFB. This probe stems from Chief Minister V D Satheesan's concerns raised within the Assembly. An expert panel highlighted issues related to the acquisition of almost 1,000 acres in Kannur, suggesting that the purchased land was unsuitable for construction and obtained at inflated rates.

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ArisUnitern secures DaaS mandate for commercial project in Mumbai

Oct. 29, 2026, 3:32 a.m.

ArisUnitern RE Solutions, a subsidiary of Arisinfra Solutions, has received an 18-month Developer-as-a-Service mandate from Transcon Group for the second phase of Transcon Ramdev Plaza in Santacruz West, Mumbai. The commercial project has an estimated GDV of ₹250 crore and about 56,000 sq ft of RERA carpet area available for free sale.

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Madhya Pradesh draft housing policy puts affordable rentals near workplaces in focus

Oct. 29, 2026, 3:23 a.m.

Madhya Pradesh's Chief Minister Mohan Yadav released a draft housing policy that focuses on affordable rental homes. The policy aims to target urban workers who earn between Rs 3 lakh and Rs 6 lakh annually. It includes provisions to develop housing near workplaces like hospitals and industrial clusters. Builders will receive incentives for creating these residential projects on public land.

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Awfis adds 1.45 lakh sq ft workspace across Pune, Bengaluru & Mumbai

Oct. 29, 2026, 3:17 a.m.

Awfis Space Solutions has added about 1.45 lakh sq ft of chargeable workspace across Pune, Bengaluru and Mumbai. Including its recently launched one lakh sq ft Elite centre in Delhi Aerocity, the company has added around 2.45 lakh sq ft of premium workspace across these launches.

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