Real Estate News
Stay updated with the latest developments in the Indian real estate market.
Buyers get possession letters for Amrapali project as 86 others remain stuck in NCLT
Oct. 25, 2026, 7:16 a.m.
After a prolonged wait, possession letters have been handed out to homebuyers at Amrapali Leisure Valley. This project is one of many caught in a web of insolvency proceedings in Gautam Budh Nagar and Ghaziabad, stretching back to 2016. Experts highlight that legal complications and staffing shortages have been major contributors to the ongoing delays.
Read MoreED raids 13 places across Delhi-NCR, Bengaluru, Chandigarh in fraudulent NRI housing loan case
Oct. 24, 2026, 3:32 a.m.
The Enforcement Directorate conducted searches at 13 properties associated with a major money laundering case. Focused on fraudulent housing loans secured with forged documents for Non-Resident Indians, the investigation involves entities such as Antriksh Promoters and Developers Pvt Ltd and Sunshine Infrawell Pvt Ltd. The collection of evidence aims to uncover financial irregularities, potentially leading to the seizure of crucial documents and digital assets.
Read MoreIBM India leases 2.83 lakh sq ft office space in Bengaluru for 10 years
Oct. 24, 2026, 2:51 a.m.
IBM India has leased an extensive office space at Radon tower in Bagmane Solarium City. The lease agreement spans over a decade, with estimated costs totaling Rs 522 crore. IBM will pay a monthly base rent of Rs 2.49 crore, subject to a 15% escalation every three years. Additionally, the company will incur fit-out costs over five years, approximately amounting to Rs 179 crore.
Read MoreGodrej Properties’ net profit declines 64% to ₹145.47 crore in Q2 FY27
Oct. 23, 2026, 12:35 p.m.
In Q2 FY27, Godrej Properties faced a significant decline in net profit after tax, dropping 63.9 percent. Despite this setback, the company saw a total income increase of 31.9 percent, totaling ₹2,571.73 crore. The booking value for the quarter soared to ₹8,008 crore from the sale of 3,658 units, while collections rose by 31 percent to ₹5,318 crore, demonstrating positive operating cash flow with a jump to ₹1,584 crore.
Read MoreMhada seeks FIR against 23 developers for violating inclusive housing norms, police yet to initiate process
Oct. 23, 2026, 4:16 a.m.
Maharashtra Housing and Area Development Authority has taken a stand against 23 developers who allegedly defaulted on transferring land designated for affordable housing. This failure reportedly violates inclusive housing laws, raising significant regulatory concerns. While Mhada has called upon the police for intervention, action remains pending, with the next steps hinging on further discussions between Mhada and police officials.
Read MoreMahindra Lifespaces’ net profit declines 66% to ₹16.34 crore in Q2 FY27
Oct. 22, 2026, 2:07 p.m.
Mahindra Lifespace Developers reported a significant decline of 65.9 percent in net consolidated profit for the second quarter. However, total income surged to ₹104.02 crore, with residential pre-sales booming by 41 percent. The first half of FY27 saw total income soar to ₹1,081.56 crore compared to ₹73.67 crore the previous year.
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