Sale of residential floors: Show cause notice issued by HRERA to realty firm

The Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has issued a show cause notice to realty firm, Trehan Hospitality and Realty Pvt Ltd for contravening the law by developing and…

Centre eases TOD norms, mandates 65 pc affordable housing along metro corridors

New Delhi, Apr 7 (PTI) In a major push to affordable housing and transit-linked urban growth, the Centre on April 7 approved sweeping reforms to its Transit Oriented Development (TOD)…

RBI keeps policy rate unchanged at 5.25%, giving homebuyers ‘breathing space’ and developers planning confidence

The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.25% on April 8, as expected, amid hopes of a global recovery driven by the ceasefire in the…

CIDCO unveils ₹16,250 crore FY27 plan; airport hub, housing in focus

Navi Mumbai: The City and Industrial Development Corporation (CIDCO) has proposed an outlay of ₹16,250 crore for 2026–27, with a strategic focus on leveraging the Navi Mumbai International Airport (NMIA)…

RBI holds repo rate steady at 5.25%: What it means for new and existing home loan borrowers

The Reserve Bank of India’s (RBI) Monetary Policy Committee on April 8 kept the repo rate unchanged at 5.25%, signalling stability for current and prospective home loan borrowers. With EMIs…

Mumbai: BMC panel to table amnesty scheme today for issuing occupation certificates to housing societies

In a significant move, the Mumbai Civic body, also known as the Brihanmumbai Municipal Corporation (BMC), is expected to table a key policy framework, or amnesty scheme, on April 8,…

Bengaluru real estate market stays resilient: Sales up 5% in Q1 2026, prices continue upward trend

Residential prices continued to climb, with the weighted average increasing 4% to ₹8,952 per sq ft. Demand was largely concentrated in the mid and premium segments, led by the ₹1–2…

Arvind SmartSpaces signs two Mumbai redevelopment projects, eyes ₹2,700 crore revenue potential

Ahmedabad-based Arvind SmartSpaces has expanded its presence in the Mumbai real estate market, by announcing two redevelopment projects in Santacruz and Goregaon over the past two weeks, with a combined…

Insolvency and Bankruptcy Board of India panel recommends project-wise insolvency resolution for real estate cases

A committee of the Insolvency and Bankruptcy Board of India (IBBI) has recommended the need to shift from an entity-centric, recovery-focused framework to a project-centric, completion-driven approach, along with stronger…

Mumbai: BMC panel puts occupation certificate amnesty proposal for housing societies on hold, seeks simpler framework

Mumbai’s civic body, the Brihanmumbai Municipal Corporation (BMC)’s Standing Committee, on April 8 put on hold an amnesty proposal to grant occupation certificates (OCs) to housing societies for all residential…