Category: Latest Stories

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Latest StoriesRera

Telangana RERA Lets Homebuyers Complete Stalled Projects

HYDERABAD: In a pioneering initiative in Telangana, authorities have permitted homebuyers to take over and complete stalled residential projects when builders default, leveraging the Real Estate (Regulation and Development) Act, 2016. Following directives from the Telangana Real Estate Regulatory Authority (TG RERA) and the municipal administration department, flat owners formed associations to finish the remaining construction in their projects. One project has already been completed, while another is in progress. The halted projects were initiated by Jayathri Infrastructures India Private Ltd., which had launched the ‘Jaya Platinum’ residential project in Bowrampet village, comprising 60 flats. Simultaneously, it had started the…

Latest StoriesRegulatory

Nazul Land Reclaimed by Administration in Kanpur

Representative image KANPUR: District Magistrate Jitendra Pratap Singh of Kanpur Nagar took decisive action on Friday regarding the sale of a valuable Nazul property in Civil Lines to a private builder. He issued a government re-entry order for plot no. 14/59A, Civil Lines, mandating that it be re-registered as unallocated government land. The land was valued at roughly Rs 24.77 crore according to the current circle rate. The situation came to light following a joint investigation by the sub-divisional magistrate (Sadar), the assistant officer in charge of Nazul, and the tehsildar (Sadar). They discovered that the nazul allottees had failed…

IndustryLatest Stories

ETRECA 2026 Celebrates Leaders in Residential, Commercial, and PropTech

Sure! Here’s a rewritten version of the content in a more structured format: Sr. No. Master Category Sub-Category Company Name Project Name Metro/Non-Metro Status Zone 1 Individual Lifetime Achievement Person of the Year Brigade Group M R Jaishankar, Executive Chairman, Brigade Group National 0 0 2 Residential Affordable Housing (East: Ongoing) Eden Realty Group Solaris Joka Metro Ongoing East 3 Residential Affordable Housing (West: Ongoing) Naiknavare Dwarka Metro Ongoing West 4 Jury Recognition Residential Affordable Housing (South: Ongoing) CasaGrand Casagrand Massimo Metro Ongoing South 5.1 Residential Affordable Housing (Non-Metro) Ashiyana Dream Homes Pvt Ltd Ashiyana Infinity Non-Metro Completed West 117…

InfrastructureLatest Stories

Karnataka CM: Goal is to Make Bengaluru World’s Most Liveable City

BENGALURU: On Friday, Karnataka Chief Minister Siddaramaiah unveiled several initiatives aimed at transforming Bengaluru into the “world’s most liveable city.” During the presentation of the 2026-27 Budget, he indicated that the five City Corporations under the Greater Bengaluru Authority will leverage their balance sheets to issue ‘Municipal Bonds’ for development activities. “Bengaluru is not just a city; it embodies numerous aspirations. From Nadaprabhu Kempegowda’s administration to the ongoing start-up boom, the city has preserved its distinctive identity. Our goal is to enhance Bengaluru into the world’s most liveable city,” Siddaramaiah stated. The Chief Minister announced that the development of ward…

IndustryLatest Stories

Maharashtra Budget: Urban Growth and 1,200 km Metro Plan

MUMBAI: In the Maharashtra State Budget for 2026-27, Chief Minister Devendra Fadnavis announced a significant shift in urban governance, predicting that by 2047, 70% of the state’s population will reside in urban areas while contributing nearly 80% to Maharashtra’s GDP. The plan includes an expansion of the Metro network to 1,200 km and the expressway network to over 6,000 km. Major projects in Mumbai feature Metro Line 11 (Wadala to Gateway of India), envisioned as a fully underground corridor with an estimated cost of Rs 23,487 crore. The government is also developing a “Third Mumbai,” a 200 sq km urban…

IndustryLatest Stories

Karnataka CM Advocates ‘Balanced’ Development in 2026 Budget

BENGALURU: In a historic 17th budget presented in the Assembly on Friday, Karnataka Chief Minister Siddaramaiah proposed a social media ban for children under 16. The budget also includes plans for school modernization, completion of water projects such as the Mekedatu reservoir, which has faced opposition from Tamil Nadu, and a major infrastructure initiative for Bengaluru. With a total budget outlay of Rs 4,48,004 crore, he emphasized a development strategy that harmonizes welfare programs with infrastructure investments for long-term economic change, giving rise to a unique Karnataka-specific economic framework dubbed the “11G model.” Key announcements in the budget encompass filling…

IndustryLatest Stories

Non-Tribals Prohibited from Buying Land in Garo Hills, Meghalaya

SHILLONG: Utilizing its powers under the Sixth Schedule, the Garo Hills Autonomous District Council has issued a notification preventing non-tribal individuals from purchasing or claiming land in the Garo Hills districts of Meghalaya, officials announced on Friday. However, the existing land ownership of non-tribal individuals will remain unchanged. The council’s directive aims to protect the land and traditional rights of indigenous tribal communities and to prevent the alienation of these lands to non-tribal persons. The Sixth Schedule is unique to the autonomous tribal regions of Assam, Meghalaya, Tripura, and Mizoram, ensuring their administrative autonomy. According to the notification released on…

Latest StoriesRegulatory

ED Seizes Assets Worth ₹200 Crore from Delhi’s TDI Infrastructure

NEW DELHI: The Enforcement Directorate (ED) announced on Friday that it has provisionally attached immovable assets valued at over Rs 200 crore belonging to Delhi-based real estate firm TDI Infrastructure Limited, as part of an ongoing money-laundering investigation related to alleged fraud against homebuyers. The assets in question consist of 8.3 acres of land and commercial units in Kamaspur, Sonipat, Haryana, owned by TDI Infrastructure Limited (previously known as Intime Promoters Private Limited) and its affiliated companies. The ED stated that these properties have been appraised at Rs 206.4 crore. The company was unavailable for immediate comment regarding the ED’s…

IndustryLatest Stories

Amitabh Bachchan Buys 2.67 Acres in Ayodhya for ₹35 Crore

NEW DELHI: Amitabh Bachchan has purchased a 2.67-acre land parcel in Ayodhya for ₹35 crore from The House of Abhinandan Lodha (HoABL). The deal was finalized by Rajesh Yadav, managing director of AB Corp. This marks Bachchan’s third investment in Ayodhya through the company. In January 2024, he acquired land in The Sarayu project and previously bought a 10,000 sq ft plot in the Sol de Alibaug project. Published On Mar 6, 2026 at 04:00 PM IST Join the community of 2M+ industry professionals. Subscribe to our newsletter for the latest insights and analysis delivered to your inbox. Stay updated…

Latest StoriesRegulatory

Allahabad HC Dismisses GNIDA’s IT Firm Plot Review

NOIDA: The Allahabad High Court has rejected a review petition from the Greater Noida Industrial Development Authority (GNIDA) concerning a previous judgment that overturned the cancellation of an IT firm’s land allotment. The disputed 25-acre IT/ITES plot in Greater Noida’s Tech Zone II was initially allotted in October 2007 to a consortium headed by Anant Raj Industries and subsequently transferred to Elevator Properties via a lease deed on August 16, 2010. Notably, Elevator Properties Pvt Ltd is a subsidiary of Anant Raj Industries. On February 25, Justice Prakash Padia determined that the authority failed to produce any “error apparent on…