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Shriram Properties and Partner to Develop 0.7M Sq Ft in Pune

Sure! Here’s a rewritten version of your content: Representative Image NEW DELHI: Shriram Properties (SPL) has entered a joint development agreement for a residential project spanning 0.7 million sq ft in Hinjewadi, Pune. According to Akshay Murali, Vice President of Business Development at Shriram Properties, “Pune continues to demonstrate strong demand fueled by its robust IT and industrial sectors. We are thrilled to expand our footprint in Pune.” The project will feature 6.5 lakh sq ft of residential apartments, along with retail and commercial spaces, resulting in a total saleable area exceeding seven lakh sq ft. It has an estimated…

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Industrialist Acquires Four Gurugram Apartments for ₹380 Crore

NEW DELHI: In one of the most expensive residential transactions in India, an industrialist has purchased four luxury apartments in Gurugram for nearly Rs 380 crore, according to sources familiar with the matter. The buyer, based in NCR, was originally seeking a farmhouse or bungalow in Lutyens’ Delhi, with a budget of Rs 350-400 crore, but ultimately chose the luxury apartment option. “We guided a well-known Indian business family in completing a consolidated acquisition of Rs 380 crore in this premium project in Gurugram,” stated Kshitij Jain, Founder of Rizin Advisory Pvt. Ltd., while keeping the buyer’s identity confidential. The…

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Uttar Pradesh Grants Noida Authority Extra FAR for Sector 107

NOIDA: The Uttar Pradesh government has rejected a revision petition contesting the Noida Authority’s decision to grant an additional floor area ratio (FAR) to a project developer in Sector 107. The petition was filed by the Great Value Sharanam Apartment Owners Association (AOA) against Great Value Projects India Ltd. In an order dated October 27, Additional Chief Secretary Alok Kumar from the Industrial Development Department ruled that the application under the UP Apartment (Promotion of Construction, Ownership & Maintenance) Act was not appropriate, noting that the contested orders were issued under the UP Industrial Area Development Act. The AOA sought…

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Arvind SmartSpaces Teams Up for Vadodara Residential Project

NEW DELHI: Arvind SmartSpaces (ASL) has launched a joint development project in the Vadodara residential market on Ajwa Road. The project is expected to achieve a potential revenue exceeding ₹700 crore. According to Priyansh Kapoor, CEO and whole-time director of the company, “This initiative aligns with our strategy to expand into high-potential markets and solidify our footprint in the state. We aim to introduce new projects in Gujarat, Bengaluru, and MMR throughout the year.” Published On Oct 29, 2025 at 06:30 PM IST Join the community of over 2 million industry professionals. Subscribe to our newsletter for the latest insights…

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30,000 Homes Built for Nagaland under PMAY-Urban Program

DIMAPUR: The Pradhan Mantri Awas Yojana-Urban (PMAY-U) has successfully provided nearly 30,000 houses across Nagaland, achieving an impressive completion rate of about 96%, one of the highest in the northeast, as stated by Temjenrenla Kechu, the state mission director for PMAY-U. During the keynote address at the second PM Awas Mela-Shehri under the Angikaar 2025 campaign held at the Chumoukedima Town Council hall, Kechu discussed the accomplishments of the scheme and presented new initiatives under PMAY-U 2.0. Since its inception in 2016, PMAY-U has made substantial progress in Nagaland, marking nine years of implementation. Beneficiaries from the first phase received…

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10,000 Noida Flats in Registry Haze Amid Unpaid Dues by Builders

NOIDA: Twenty-two real estate projects in the city owe Noida Authority approximately ₹5,560 crore in dues, leaving around 9,750 owners uncertain about when their flats can be registered. The Noida Authority has issued notices, frozen registries, and initiated recovery actions, including recovery certificates in collaboration with the district administration. According to the state’s rehabilitation policy, dues could have been reduced to ₹4,260 crore if developers had paid the mandatory 25% upfront. The defaulting builders include those who partially paid after accepting the settlement, those who accepted the policy but paid nothing, and those who have not accepted it at all.…

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Uttar Pradesh Housing Board Offers 4,200 Homes in Lucknow

LUCKNOW: Individuals and families looking to purchase residential units in apartment blocks and developments established by housing authorities can now do so without the hassle of making multiple trips to local government offices. The housing department has directed 29 housing development authorities, along with the UP Housing Board, to compile a centralized list of available properties. The list will be accessible on the portals managed by individual authorities (including Lucknow, Kanpur, Varanasi) and the housing department’s portal. To encourage potential buyers, relevant government agencies are required to upload recent photographs of the available units along with their geo-coordinates (Google Map).…

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E-Khata Now Required for A-Khata in Bengaluru

BENGALURU: Property owners with B-khata are looking to convert their holdings to A-khata under a government initiative set to launch on November 1. The first step for them is to acquire an e-khata before proceeding with the conversion. Under this initiative, B-khata plots up to 21,527 sq ft along public roads qualify for A-khata conversion. However, the new digital requirement has left many residents feeling frustrated as it adds another layer of bureaucracy to an already lengthy process. Property owners must also pay a 5% fee based on the property’s guidance value, in addition to other charges for land mutation…

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Nadiadwala Grandson Entertainment Acquires ₹36.57 Crore Apartments

NEW DELHI: Nadiadwala Grandson Entertainment has acquired two apartments in Prabhadevi, Mumbai, totaling ₹36.57 crore. Both purchases were recorded in October 2025. As per property registration documents from the Inspector General of Registration (IGR) reviewed by Square Yards, the first apartment, situated in Hubtown Twenty Five South North in South Mumbai, is valued at ₹18.57 crore. It boasts a RERA carpet area of 222.13 sq meters (2390 sq ft) with an additional area of 19.40 sq meters (208 sq ft) and includes two dedicated parking spaces. The related stamp duty for this transaction was ₹1.11 crore, along with registration fees…

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Khar Kolis to Bombay HC: Fish Drying Land Favoring Builders

MUMBAI: Two societies representing the Koli community in Danda Koliwada, a fishing village in Khar, have filed a petition against the Bombay High Court regarding an order from the Slum Rehabilitation Authority (SRA) that classified part of their land, currently used for drying fish and related activities, as a slum rehabilitation area. The Danda Koli Masemari Vyavasayik Sahakari Maryadit and Danda Koli Samaj are contesting the SRA CEO’s order dated May 17, 2022, concerning 3,450 sqm of land that is reserved for a fish drying yard under the approved development plans (DPs). “Including such reserved land in a slum rehabilitation…