Category: Latest Stories

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Latest StoriesRera

Haryana RERA Urges Homebuyers to Use Registered Agents Only

NEW DELHI: The Haryana Real Estate Regulatory Authority (RERA), Gurugram bench, has cautioned homebuyers and property investors to conduct transactions solely through agents registered with the Authority. They warned that engaging with unregistered intermediaries could pose legal and financial risks. In a recent advisory, Gurugram RERA mentioned that unregistered real estate agents frequently make misleading promises to entice buyers, leading to disputes and complications later on. According to the Real Estate (Regulation and Development) Act, 2016, no real estate agent is allowed to facilitate the sale or purchase of property in a registered project without the proper registration from the…

Latest StoriesRegulatory

SC notifies Haryana, Mahira Buildwell over EWS flat fraud

NEW DELHI: The Supreme Court has requested responses from the Haryana government and Mahira Buildwell (previously Czar Buildwell) after a group of homebuyers from economically weaker sections accused the developer of fraud in an affordable housing project in Gurgaon under the Pradhan Mantri Awas Yojana (Urban). The petitioner association has alleged that Czar Buildwell and its successor Mahira obtained licenses through deception, including submitting forged bank guarantees and falsifying signatures. They further claimed that the builder completed only 5-7% of the construction, misappropriating homebuyers’ funds. Petitioner’s Claims: Authorities’ Inaction Led to Distress The Supreme Court is currently addressing numerous cases…

InfrastructureLatest Stories

Noida Techie’s Death Highlights Numerous Dangerous Pits

Representative AI image NOIDA: The land that became a death trap for a software engineer on a foggy Sector 150 road last week is just one of many such hazards across the city. Numerous deep trenches dug on housing and commercial sites have been left untouched for years, contributing to a dangerous environment. A survey by TOI identified several excavated areas along or near busy roads in Sectors 32, 85, 150, and 154. Many of these sites feature steep drops, thick vegetation, and exposed iron rods, yet lack essential safety measures like barricades, warning signs, or reflective markers. In Sector…

Latest StoriesResidential

Gurugram Buyers Seek Police Help Against CHD Developers’ Pressure

GURUGRAM: Homebuyers of a halted project in the city have reached out to the Economic Offences Wing (EOW) of Delhi Police, claiming they are being pressured to “withdraw” a criminal case. The FIR, lodged on August 14, 2020, includes allegations under sections 420, 406, and 120B of the IPC, regarding cheating, criminal breach of trust, and conspiracy tied to the CHD Vann housing project in Sector 71 by CHD Developers Ltd. The agreement signed that year promised possession within 42 months, by 2018. In response to these pressures, the homebuyers have urged the EOW to acknowledge their grievances, describing the…

IndustryLatest Stories

Anant Raj Q3 FY26 Profit Climbs 31% to ₹144 Crore

NEW DELHI: Realty firm Anant Raj Ltd announced a 31% rise in consolidated net profit to ₹144.23 crore for the December quarter, driven by improved income. The net profit was ₹110.37 crore during the same period last year. The company’s total income increased to ₹660.38 crore in the October-December period, compared to ₹543.97 crore in the corresponding period of the previous year, as per a regulatory filing. Based in Delhi, Anant Raj Ltd is a prominent real estate developer, primarily focusing on residential and data center projects. Published On Jan 22, 2026 at 06:52 AM IST Join the community of…

Latest StoriesResidential

Hyderabad Property Registrations Up 14% in December 2025

NEW DELHI: By the end of December 2025, Hyderabad witnessed a notable increase in registration activity within its residential property market, with a 14% year-on-year rise in home registrations. Despite seeing a slight decrease in full-year volumes, the numbers reflect a positive trend, as reported by Knight Frank India. In December 2025, Hyderabad registered a total of 6,600 residential properties valued at ₹4,399 crore, marking the third-highest month of the year for registrations. For the entirety of 2025, the city recorded 75,222 home registrations, a 2% decline compared to the previous year, but the total value of registered properties surged…

Housing FinanceLatest Stories

PNB Housing Finance Q3 FY26 Net Profit Rises 7.71%

NEW DELHI: PNB Housing Finance has reported a net consolidated profit growth of 7.71% for the quarter ending December 31, 2025. The profit after tax reached ₹520.55 crore in Q3 FY26, up from ₹483.27 crore in the same quarter of the previous financial year, as stated in a BSE filing. The net consolidated total income for Q3 FY26 stood at ₹2,120.66 crore, reflecting a 9.14% increase from ₹1,943.11 crore recorded during the same period last year. As of December 31, 2025, the company’s net worth was ₹18,502.28 crore. The debt-equity ratio was 3.63, total debts to total assets ratio stood…

Latest StoriesRegulatory

No Occupation Certificate Without Sewage Plant: Bombay HC to Maharashtra

MUMBAI: The Bombay High Court has instructed all civic authorities in Maharashtra to withhold the issuance of Occupancy Certificates (OC) for any structure until developers comply with building permissions and establish effective sewage management. A bench composed of Justices Ravindra Ghuge and Abhay Mantri acknowledged the significant issues arising from sewage dumping into the Ulhas River, noting the absence of adequate Sewage Treatment Plants (STPs) at 438 purported unauthorized structures in Thane district. The court was considering a petition from a Badlapur resident highlighting illegal constructions by a developer. It mandated that the municipal council must take action to curb…

IndustryLatest Stories

Raymond Realty Launches Residential Project in Wadala, Mumbai

NEW DELHI: Raymond Realty has unveiled a new residential redevelopment project in Wadala, central Mumbai, with a projected revenue potential of approximately ₹5,000 crore. Spanning a 5.62-acre land area, the development will feature premium 2-BHK and 3-BHK apartments, alongside high-street retail spaces. Harmohan Sahni, the company’s CEO, stated, “This development, with an expected revenue potential exceeding ₹5,000 crore, greatly enhances our long-term value creation strategy while reinforcing our asset-light expansion model.” Currently, the developer is working on over 10 million sq ft of projects across the Mumbai Metropolitan Region and has successfully delivered more than 5,500 homes to date. Published…

IndustryLatest Stories

Mumbai Tops 2025 Land Deals with 32 Acquisitions Over 500 Acres

Representative AI image NEW DELHI: The Mumbai Metropolitan Region (MMR) topped the land acquisition market in India in 2025, with 32 deals covering over 500 acres, according to Anarock Research. This accounts for more than 13% of the total land transactions in the country for the year. Overall, 126 land deals involving over 3,772 acres were completed in India in 2025, which is a slight decrease from 133 transactions in 2024 but a significant increase in land area, up from approximately 2,514 acres in the previous year. In 2024, MMR recorded about 30 land deals encompassing over 607 acres. Residential…