Category: Latest Stories

Access daily updates on all real estate sectors including residential, commercial, retail, and infrastructure. Stay ahead with market trends, policy changes, investment news, and expert analysis from across the globe.

IndustryLatest Stories

Haryana: Landowners face FIR for leasing farmland to illegal factories

GURUGRAM: The Haryana State Pollution Control Board officials have announced that landowners who lease or sell agricultural plots for unauthorized factory operations will now face criminal charges along with the operators of these units. This initiative forms part of the ongoing efforts to address the annual air quality crisis affecting Delhi-NCR. FIRs will now be filed against both landowners and tenants where industrial activities are detected on farmland without the necessary approvals. This marks a significant shift from past enforcement actions, which primarily focused on sealing or demolishing such units. Senior officials have directed teams to locate these plots and…

IndustryLatest Stories

Ashiana Housing Purchases 8.83 Acres in Maharashtra

Representative image NEW DELHI: Ashiana Housing has acquired approximately 8.83 acres of land in Wavarle, Raigad, Maharashtra, through outright purchase from various sellers. The company intends to develop a senior living project on this land, featuring a saleable area of 450,000 sq ft. Additionally, Ashiana announced a collaboration with Epoch Elder Care, which will take full operational control of Ashiana Care Homes in Bhiwadi. Epoch will manage a 48-bed facility offering assisted living services and care for chronic conditions. Published On Feb 6, 2026 at 04:30 PM IST Join a community of over 2 million industry professionals. Subscribe to our…

CommercialLatest Stories

Hyderabad Office Market to Gain 18-19 Million Sq Ft by FY27: ICRA

NEW DELHI: The office market in Hyderabad is projected to welcome 18-19 million square feet of new Grade-A supply between Q4 FY26 and FY27, according to the rating agency, ICRA. Occupancy rates are expected to remain stable at approximately 82.5-83% by March 2027, driven by consistent demand from IT-BPM and BFSI sectors. Notably, around 23% of the forthcoming supply is already pre-leased. Leasing activity in Hyderabad has demonstrated resilience during the first nine months of FY2026. Within this timeframe, the city added 8.4 million sq ft of new Grade-A office space, with net absorption slightly outpacing supply at 8.5 million…

InfrastructureLatest Stories

YEIDA Reclaims 62 Acres in Mathura Demolition Efforts

Representative AI image NOIDA: On Wednesday, the Yamuna Authority reclaimed approximately 62 acres of encroached land intended for the Heritage City and Raya Urban Centre projects in Mathura district, with officials estimating its market value at nearly Rs 1,000 crore. Demolition operations took place in Piprauli Khadar, Aruwa Khadar, and Panigaon Khadar, targeting illegal hotels and roadside eateries within the Heritage City limits. Officials noted an increase in unauthorized commercial and residential activities in the area recently. Action was also taken against an unapproved colony spanning nearly 2 hectares along the Yamuna riverbank, with two illegal colonies in the core…

IndustryLatest Stories

RBI Holds Interest Rate at 5.25%, Pauses Rate Cuts

NEW DELHI: Following a 25 basis point rate cut in December, the RBI has opted to pause its policy rate amid ongoing geopolitical uncertainties. This marks the first monetary policy review since Finance Minister Nirmala Sitharaman revealed the Budget for FY 2026-27. During the sixth and final bi-monthly monetary policy meeting of the current fiscal year, RBI Governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) has decided to maintain the short-term lending rate (repo rate) at 5.25 percent, adopting a neutral stance. The pause in rate cuts is influenced by the consumer price index (CPI)-based retail inflation, which…

IndustryLatest Stories

RBI May Permit Banks to Lend to REITs

MUMBAI: On Friday, the Reserve Bank of India proposed allowing banks to extend loans to Real Estate Investment Trusts (REITs) with specific prudential safeguards, aiming to enhance the financing pool for the real estate industry. REITs are investment vehicles that manage income-producing real estate, offering investors a way to earn a portion of the income without directly buying properties. Developed in India, REITs and Infrastructure Investment Trusts (InvITs) aim to liberate banks’ funds tied up in completed and operational real estate and infrastructure projects by refinancing these with pooled resources from institutional and retail investors. Initially, commercial banks were not…

Latest StoriesRegulatory

Thane Civic Body Collects ₹556 Cr Tax, Targets Defaulters

THANE: The Thane civic body in Maharashtra has collected ₹556.19 crore in property tax for the fiscal year 2025-26, falling short of its ₹841 crore target by over ₹200 crore, as reported on Friday. Municipal Commissioner Saurabh Rao has issued orders for strict measures against defaulters due to this shortfall. According to an official statement, the highest property tax collection came from the Majiwada-Manpada ward at ₹175.01 crore, followed by Vartak Nagar with ₹88.77 crore and Naupada-Kopri with ₹74.12 crore. After a review meeting earlier this week, the commissioner has instructed officials to cut water supply to defaulters in residential…

IndustryLatest Stories

Noida Authority Unveils E-Auction Plot Allotment Schemes

Representative image NOIDA: The Noida Authority has introduced several plot schemes across various categories, including religious, corporate, commercial, hotel, and group housing. Applications opened on Thursday and will be accepted until February 26. Allotments, except for religious plots, will occur through an e-auction. In the corporate office category, 10 plots in Sector 152 are available, with nine measuring 1,000 sqm each, and one larger plot of 4,000.6 sqm. Reserve prices range from approximately Rs 1 crore to Rs 4.4 crore. For religious use, two plots measuring 302 sqm and 600 sqm have been designated in Sectors 15A and 93B for…

IndustryLatest Stories

Six Ahmedabad Plots Valued at ₹528 Crore Approved for Auction

Representative AI image AHMEDABAD: On Wednesday, the standing committee of the Ahmedabad Municipal Corporation (AMC) approved the auction of six plots located in various parts of the city, with a total base price set at Rs 528.38 crore. Among the approved properties is a 3,365 sq m commercial plot in Motera, with a starting price of Rs 2.81 lakh per sq m. The committee also authorized the sale of a 3,546 sq m residential plot in Chandkheda, priced at Rs 1.63 lakh per sq m. In Nava Vadaj, a 3,229 sq m commercial plot will be auctioned at a base…

IndustryLatest Stories

LIC Targets Higher Returns from Real Estate Investments

MUMBAI: Life Insurance Corporation (LIC) plans to enhance the yield on its real estate assets, valued at Rs 16,000 crore post-revaluation and over Rs 45,000 crore in market value. While officials noted that real estate generally provides a yield of 3-4%, capital gains remain significantly higher. Additionally, LIC has paused its plans to acquire a strategic stake in a health insurance company. During a press conference following the board meeting, MD & CEO R Doraiswamy stated that LIC will take a cautious approach towards its previous intention to enter the health insurance market, a plan initiated by his predecessor. “We…