Category: Latest Stories

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Latest StoriesResidential

YEIDA to Offer Residential Plots Near Noida Airport

Representative Image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has revealed plans for a new residential plot scheme near the upcoming Noida International Airport, slated for launch in January. As part of this scheme, YEIDA will offer 973 residential plots in various sizes: 162, 183, 184, 200, 223, and 290 sqm. These plots will be located in Sectors 15C, 18, and 24A, all conveniently close to the airport. Specifically, the scheme includes 476 plots of 162 sqm, 4 plots of both 183 sqm and 184 sqm, 481 plots of 200 sqm, 6 plots of 223 sqm, and 2 plots…

InfrastructureLatest Stories

GRAP-4: Open C&D Waste and Road Work Issues in Gurugram

Representative Ai image GURUGRAM: GRAP (Graded Response Action Plan) Stage 4 is currently active across the NCR, but enforcement appears lacking. Local authorities may announce crackdowns, yet Gurgaon streets resemble dust zones. “Dust is everywhere,” remarked Komal Yadav, a resident of Sushant Lok 1, as construction, road excavation, and debris dumping continue despite strict anti-pollution measures. A recent check by TOI revealed ongoing construction and roadwork at various locations, including IFFCO Chowk, Sector 28, Sector 23, Palam Vihar, Sushant Lok 1, and Maruti Vihar. Stage 4 of GRAP, implemented during severe air quality events, aims to restrict dust and emissions…

IndustryLatest Stories

Lokhandwala Complex in Mumbai Set for Redevelopment Expansion

MUMBAI: In 1984-85, construction began sweeping through the lush mangroves and marshlands of Andheri West, leading to the establishment of a premium housing estate. Now, 41 years later, Lokhandwala Complex is experiencing a new wave of redevelopment driven by necessity and the Fear of Missing Out (FOMO). Divided into four parallel lanes, Lokhandwala is a self-sufficient township with hundreds of shops catering to all needs, from basic essentials to luxury items. Now, the skyline is set to shift. From the Svati building—site of the notorious 1991 Lokhandwala shootout—to Apna Ghar societies and beyond, demolition and new construction are accelerating, with…

InfrastructureLatest Stories

Survey of Urban Slums Planned for 2027

NEW DELHI: The Ministry of Statistics and Programme Implementation is set to conduct a nationwide survey on urban slums in 2027. This survey will aim to gather comprehensive data on the living conditions of residents in these areas. The survey will take place more than ten years after the last one, providing crucial insights into the number of slums and households, as well as their access to electricity, drainage systems, garbage disposal, road infrastructure, housing quality, and drinking water. Additionally, it will evaluate how conditions in these areas have changed over time, which will inform future policymaking. “We have surveys…

InfrastructureLatest Stories

Illegal construction in Rajpur ravines despite HC ban

DEHRADUN: Residents of Rajpur have raised concerns regarding uncontrolled construction in the area’s natural ravines, claiming it violates a high court order from last year that prohibits encroachment on ravines and nalas. They’ve highlighted the region’s seismic vulnerability, pointing to the rise of numerous high-rise buildings, some even under construction, seemingly without sufficient oversight. This situation is exacerbated by increasing pollution, traffic jams, and significant tree loss in Dehradun. “Given that the capital’s ecology is already on unstable ground, why are authorities allowing such construction? Why are licenses being granted for development in ecologically sensitive areas when sub-divisional magistrate reports…

Latest StoriesRera

Punjab RERA: Recover ₹25 lakh from GMADA for plot delay

MOHALI: The Real Estate Regulatory Authority (Rera), Punjab, has instructed the Mohali deputy commissioner to recover ₹25,89,659 from the Greater Mohali Area Development Authority (Gmada), designating it as a judgment debtor for not providing timely possession of a plot auctioned in IT City back in 2016. The directive, issued under Section 40 of the Real Estate (Regulation and Development) Act, 2016, empowers Rera to collect dues as arrears of land revenue. A formal Recovery Certificate has been dispatched to the Deputy Commissioner for enforcement. The complainant, Amandeep, a resident of Chandigarh’s Sector 21-A, stated that he bought a 256-sq-yard plot…

Latest StoriesRegulatory

HC Seeks Noida’s Response to SC Order on Land Payment

NOIDA: The Allahabad High Court has requested clarification from the Uttar Pradesh government and Noida Authority regarding compliance with the Supreme Court’s July 10, 2024, ruling mandating compensation to landowners under the 2013 Land Acquisition Act. A division bench consisting of Justices Mahesh Chandra Tripathi and Kunal Ravi Singh has sought information about whether the compensation has been reassessed and issued according to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, which generally offers higher payments including revised market value, solatium, and interest. The Noida Authority acquired land for industrial development under the…

IndustryLatest Stories

L&T Realty Buys Land in Lower Parel, Mumbai for ₹448.6 Crore

Representative image created by AI MUMBAI: L&T Realty Developers, the realty arm of engineering and construction giant Larsen & Toubro, has acquired a prime land parcel in Lower Parel-Elphinstone Road, a key business district, for ₹448.6 crore through a deed of assignment. Of the total amount, ₹300 crore will be paid in cash, while the remainder will be settled through an area-sharing agreement that includes 55,000 sq ft of RERA carpet non-residential space and corresponding car parking. The land acquisition, spanning 1.34 acres, was executed on January 9, and involves obtaining land rights from AVA Smart City LLP, according to…

IndustryLatest Stories

Stable Liquidity and Office Demand Boost Q4 2025 Real Estate Sentiment

NEW DELHI: According to the Knight Frank-NAREDCO Real Estate Sentiment Index, sentiment in India’s real estate market stabilized in the October–December quarter of 2025, with both current and future outlooks remaining positive. The Current Sentiment Score for Q4 2025 rose to 60, an increase from 59 in the previous quarter, while the Future Sentiment Score held steady at 61, indicating balanced expectations for the next six months. Although these levels are lower than the peaks recorded in 2023-24, they suggest a market buoyed by stable macroeconomic conditions, decreasing inflation, and availability of funding. The report highlights that enhanced economic clarity…

IndustryLatest Stories

Oberoi Realty Q3 FY26 Profit Edges Up to ₹622.64 Crore

NEW DELHI: Oberoi Realty announced a slight increase in its net consolidated profit for the quarter ending December 31, 2025. The profit after tax reached ₹622.64 crore in Q3 FY26, compared to ₹618.38 crore in the same quarter of the previous fiscal year, according to a BSE filing. The company’s net consolidated total income for Q3 FY26 stood at ₹1,561.74 crore, reflecting a growth of 6.95% from ₹1,460.27 crore in the corresponding quarter last year. As of December 31, 2025, Oberoi Realty’s net worth was recorded at ₹17,289.66 crore, with a debt-equity ratio of 0.17. The current liability ratio was…