Category: Latest Stories

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Latest StoriesResidential

Rental Prices Surge Near Hyderabad IT Hubs

BY: Kolakaluri Lavanya Chopra HYDERABAD: The increasing rents are significantly altering living conditions in Hyderabad. As prices rise in neighborhoods like Madhapur, Gachibowli, Kondapur, and HiTec City along the IT corridor, many residents are resorting to shared flats, crowded PG accommodations, and longer commutes. For many professionals, finding housing has shifted from being a matter of comfort to a balancing act between costs and time management. Shakina Fatima, an employee in Jubilee Hills, remarked, “Due to traffic, it used to take me nearly an hour to commute from Kondapur. I’ve since moved to Banjara Hills, where I pay ₹26,500 for…

IndustryLatest Stories

Rajasthan Lifts Height Restrictions, Embraces Skyscrapers

JAIPUR: In a bid to enhance urban development, Rajasthan’s cities may soon feature skyscrapers on par with those in Mumbai, Bengaluru, and Delhi. Following a central government regulation announced in January 2026, the state government has relaxed previous restrictions on building heights. A senior official from the Urban Development and Housing (UDH) department told TOI that this decision will propel vertical growth beyond residential buildings, facilitating the development of commercial towers, educational institutions, and healthcare facilities under a single roof. “Previously, the height of buildings in Rajasthan was capped at 70 meters, a limit set in 2020 based on the…

InfrastructureLatest Stories

Delhi CM Orders MCD to Identify Illegal Constructions Post-Saket

Rekha Gupta NEW DELHI: Following the recent Saket building collapse, Chief Minister Rekha Gupta has instructed the MCD to compile a report on all illegal constructions throughout the city, officials reported on Tuesday. A multi-storey structure in Saidulajab area of Saket collapsed last week, resulting in six fatalities. The building accommodated a coaching institute, cafes, and offices, while construction was reportedly ongoing on the top floor at the time of the incident. “The Chief Minister has issued strict orders to the Municipal Corporation of Delhi (MCD) to conduct a thorough survey of buildings and pinpoint irregularities,” stated a senior official.…

CommercialLatest Stories

Disney India Leases 175,000 Sq Ft Office in Bengaluru

Representative AI Image MUMBAI: Disney (India) has secured approximately 1.75 lakh sq ft of office space in Bengaluru’s Bellandur area via a long-term lease, highlighting the ongoing demand for premium office spaces from multinational companies in India’s largest office market. With the agreed rental rates and a 15% escalation after three years, Disney’s total rental obligation over the five-year lease term is projected to be around Rs 127.84 crore, effective from February 1. The company has leased 1,74,959 sq ft across the sixth and seventh floors of RMZ Ecoworld Series 20, owned by Vismaya Infrastructure. The monthly rental is set…

Latest StoriesResidential

MP Cabinet Approves SVAMITVA Scheme for Title Deeds

BHOPAL: On Tuesday, the Madhya Pradesh cabinet greenlit a scheme that will provide property documents to individuals lacking land titles, enabling them to secure bank loans using their land as collateral. The initiative, named ‘Svamitva Adhikar Abhilekh Nispadan Evam Panjiyan Yojana-2026’ (Ownership Rights Record Execution and Registration Scheme), was approved during a meeting chaired by Chief Minister Mohan Yadav, as per official reports. Under this scheme, the cabinet will register the rights records established under the Svamitva Yojana, facilitating better access to loans for landowners statewide. “Conveyance deeds will be executed and registered, enabling citizens to secure loans for housing,…

InfrastructureLatest Stories

Delhi: MCD Marks 4,766 Unauthorised Buildings; 22 Demolished

NEW DELHI: In 2025, the Municipal Corporation of Delhi identified 4,766 unauthorized constructions across the city and issued 3,989 demolition orders, as per official reports. The civic body disclosed that demolition or sealing actions were undertaken against 3,294 properties under the provisions of the Delhi Municipal Corporation (DMC) Act. Of those, 22 structures were completely demolished, 2,249 were partially demolished, and 1,023 properties were sealed. This data pertains to properties that were formally booked by the civic body for unauthorized construction or violations of approved building plans and regulations. According to Section 343 of the DMC Act, the Municipal Corporation…

CommercialLatest Stories

Maharashtra Govt buys Air India Mumbai building for ₹1,601 Cr

File Photo MUMBAI: On Tuesday, the Maharashtra government officially acquired the renowned Air India building, a standout feature of Mumbai’s skyline, for Rs 1,601 crore. The agreement transfer between Air India Assets Holding Company and the state Public Works Department (PWD) was finalized in the presence of Chief Minister Devendra Fadnavis, following a cabinet meeting at ‘Mantralaya’, the state secretariat. Attendees included Deputy Chief Minister Sunetra Pawar, Tourism Minister Shambhuraj Desai, Public Works Minister Shivendrasinhraje Bhosale, Chief Secretary Rajesh Agrawal, Additional Chief Secretary (PWD) Milind Mhaiskar, Mumbai City Collector Anchal Goyal, and Air India officials. Built in 1974, the iconic…

IndustryLatest Stories

Uttar Pradesh Acquires 100 Hectares in Ghaziabad for Industry

Representative Image GHAZIABAD: The district administration has acquired about 100 hectares of land in Modinagar’s Niwari for the establishment of an industrial hub, to be developed by the Uttar Pradesh State Industrial Development Authority (UPSIDA). On Monday, officials confirmed that the land acquisition process has concluded, with farmers receiving compensation at four times the prevailing circle rate. This acquisition is a crucial advancement in the state government’s efforts to enhance industrial infrastructure, attract new investments, and create employment opportunities in the rapidly evolving NCR region. Additional District Magistrate (Land Acquisition) Avaneesh Kumar informed the TOI that approximately 91 hectares were…

IndustryLatest Stories

Welspun One to Lease 10M+ Sq Ft in Next 3 Years

MUMBAI: Welspun One, a platform focusing on warehousing and industrial real estate, is betting big on the domestic supply chain boom. The company has announced plans to lease over 10 million sq ft over the next three years, which is nearly double its current operational footprint. Included in these deals is a single-box facility covering 5.9 lakh sq ft for Amazon India, along with a 20-metre-high warehouse for AAJ Supply Chain. Additionally, part of the 10-million sq ft leasing is a controlled-environment facility exceeding 2 lakh sq ft, specifically built for a leading medical equipment manufacturer—highlighting the sector’s evolution beyond…

IndustryLatest Stories

Jhansi Greenfield Industrial City Receives Environmental Clearance

NEW DELHI: The Ministry of Environment, Forest and Climate Change has approved the environmental clearance for the greenfield industrial city project initiated by the Bundelkhand Industrial Development Authority (BIDA) in Jhansi, Uttar Pradesh. The project, part of the BIDA Master Plan for 2045, will span 253.33 sq km (62,599.20 acres) across 33 villages in the Jhansi tehsil, with an estimated investment of ₹1,51,571 crore. The project is anticipated to create jobs for over 5.6 lakh individuals, as stated by the authority. The ministry’s Expert Appraisal Committee evaluated the project framework on June 30, 2025, leading to initial approval on July…