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,…
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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…
Tech job fears spark debate: Is buying ‘a roof over your head’ essential or a ‘dumb idea’?
A Reddit user, a mid-30s data engineer with ₹6 crore in savings, warned that job uncertainty, especially in tech, makes investing heavily in real estate risky. ‘Throwing money into property…
New Labour Code: How House Rent Allowance changes could impact your rent versus buy property decision
Neha Sharma, 32, a marketing professional in Bengaluru, has been renting an apartment where the rent now accounts for nearly 30% of her income. With the new wage structure reducing…
Gurugram RERA disposes of all pending cases till 2024
The Real Estate Regulatory Authority of Gurugram has disposed of all 2,174 pending complaints up to 2024, and all cases currently before it for adjudication are now from 2025 onwards,…
MahaRERA: ‘Paper allotment of parking slot not enough’; real estate developer must provide usable space
The Maharashtra Real Estate Regulatory Authority (MahaRERA) directed a real estate developer to allot an alternate parking space to a homebuyer until his parking space is constructed. MahaRERA update: The…
Sri Lotus Developers plans launch of 11 sea-facing Mumbai projects; eyes ₹9,000 crore revenue potential
Mumbai-based listed developer Sri Lotus Developers is planning to launch 11 luxury projects facing the Arabian Sea in Mumbai, with a combined revenue potential of over ₹9,000 crore. The portfolio…