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Mumbai: The state government has decided to leave ready reckoner rates unchanged for the 2026-27 financial year on account of a slow down in the real estate sector, drop in revenue collection from stamp duty and registration, and the ongoing war in west Asia which has disrupted fuel and gas supplies. Revenue minister Chadrashekhar Bawankule said various industry associations had also urged the government to maintain status quo on RR rates or minimum rates for property transactions in various ar ...Read More >
With Noida International Airport set to begin domestic and cargo operations in two months after Prime Minister Narendra Modi's inauguration on Saturday, commuters who are hoping to use the airport in the future expressed concern Monday about the lack of affordable public transport options to reach the new facility from Delhi-NCR towns. "If I take a private cab from Noida or Delhi, it will cost around ₹1,500- ₹2,000 to Noida airport. Traveling back from the airport to nearby towns will also b ...Read More >
Mumbai, March 31: In a significant relief to homebuyers and developers, the Maharashtra government has decided to keep Ready Reckoner (RR) rates unchanged for the financial year 2026-27, maintaining status quo across the state amid global uncertainties and rising construction costs. Consultations and industry feedback Officials said the annual rate-setting process involved consultations with construction professionals, document writers, and public representatives at the district level to ensur ...Read More >
Mumbai: In a significant relief to the real estate sector, the Maharashtra government has decided to keep Ready Reckoner (RR) rates unchanged for the financial year 2026-27. The rates, effective from April 1, 2026, will remain at the same level as 2025-26, the Office of the Inspector General of Registration and Controller of Stamps announced. Decision Taken Amid Speculation of Hike The decision was taken by Revenue Minister Chandrashekhar Bawankule following directions from Chief Minister Deve ...Read More >
Mumbai city (area under Brihanmumbai Municipal Corporation or BMC jurisdiction) recorded 15,516 property registrations in March 2026, the highest monthly registration for March in 14 years, according to data from the Maharashtra Department of Registrations and Stamps analysed by Knight Frank India. The registrations in March 2026 generated over ₹1,492 crore in stamp duty revenue for the state exchequer. The registrations include both new sales and re-sales. On a year-on-year (Y-o-Y) basis, reg ...Read More >
MUMBAI: Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) & Managing Director (MD) of the Manager of the Real Estate Investment Trust (REIT). The current MD & CEO Alok Aggarwal will continue until June 30 and the appointment of Jain will be effective from July 1, the REIT said in a statement. Jain is joining the REIT from PwC India where he co-leads the deals practice. He has 25 years of experience working in leadership roles across real estate ...Read More >
New Delhi, Mar 31 (PTI) Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT. Alok Aggarwal will continue as CEO and MD until June 30 and the appointment of Shashank Jain will be effective from July 1. In a regulatory filing on Tuesday, Brookfield India Real Estate Trust informed that the board of its manager Brookprop Management Services Pvt Ltd has approved the appointment of Jain as CEO and as ...Read More >
Malaika Arora Khan has secured a new apartment in Bandra West, Mumbai, with a substantial monthly rent starting at ₹3.10 lakh. The 36-month lease agreement, registered in March 2026, includes a significant ₹20 lakh security deposit. Rent will see a 5% annual increase, culminating in a total rental value of ₹1.17 crore over three years. NEW DELHI: Malaika Arora Khan has leased out an apartment in the Vida building, Bandra West, Mumbai, with a starting monthly rent of ₹3.10 lakh. The deal ...Read More >
NEW DELHI, March 31 (Reuters) - Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani's winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4 billion pool of prized assets that includes the country's only Formula One track. Agarwal's Vedanta has mounted a legal challenge over a creditor committee's decision to award the assets of Jaiprakash Associates (JAIA.NS), opens new tab to Adani, a portfolio that includes homes, power, ceme ...Read More >
New Delhi, Mar 31 (PTI) Realty firms Signature Global (India) Ltd and RMZ group have entered into an equal joint venture to develop a commercial project in Gurugram, with the latter infusing Rs 1,293 crore for a 50 per cent stake. In February this year, Signature Global announced a partnership with RMZ Group to develop an 18-acre commercial project with a total investment of around Rs 7,500 crore. The project will have a leasable area of 55 lakh square feet, of which about 35 lakh sq ft would ...Read More >
NEW DELHI - Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani's winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4 billion pool of prized assets that includes the country's only Formula One track. Agarwal's Vedanta has mounted a legal challenge over a creditor committee's decision to award the assets of Jaiprakash Associates to Adani, a portfolio that includes homes, power, cement plants and the Buddh International Circu ...Read More >
Chennai: Tamilaga Vettri Kazhagam (TVK) chief C. Joseph Vijay disclosed assets worth Rs 603.20 crore in his election affidavit filed for the upcoming Tamil Nadu Legislative Assembly elections, offering a detailed glimpse into his financial portfolio, which spans luxury vehicles, substantial bank deposits, and high-value real estate holdings. According to the affidavit submitted before the Returning Officer, the 52-year-old actor-turned-politician reported movable assets amounting to Rs 404.58 c ...Read More >
Hyderabad: The Upparpally court on Monday adjourned the hearing on the police custody petition of BRS former MLA P. 'Pilot' Rohith Reddy, his brother and co-accused Ritesh Reddy and Delhi-based real estate agent Namit Sharma to Wednesday in the case of drug consumption and firing at the police, after hearing arguments from both sides. The police had sought three-day custody of the accused for further interrogation in connection with the Moinabad farmhouse drug case. The prosecution maintained t ...Read More >
'After some days, the decision was changed. Don't want to go into the details. That is for the right forum,' says Anil Agarwal, chairman of Vedanta Resources. Anil Agarwal, chairman of Vedanta Resources Limited, on Sunday said the company had been declared the highest bidder for Jaiprakash Associates Ltd (JAL), but the outcome of the insolvency process was subsequently altered. In a post on X, Agarwal said the bidding process was conducted through a public auction by the committee of creditors ...Read More >
Shimla, Mar 30 (PTI) The CPI(M) on Monday demanded an investigation by a Special Investigation Team (SIT) into alleged land mafia activities, including benami land deals, in Himachal Pradesh. Referring to the Chester Hills case in Solan district, the Left party leaders alleged that a nexus between the real estate mafia and senior bureaucrats led to violations of laws and illegal land grabbing in the state. Alleging violation of Section 118 of the Himachal Pradesh Tenancy and Land Reforms Act i ...Read More >
Mumbai, March 30: The Enforcement Directorate (ED) has provisionally attached immovable assets worth Rs 271.48 crore in a money laundering probe linked to alleged cheating and fund diversion involving a listed real estate company. Assets attached under PMLA The attached assets, comprising land parcels in Panvel and Shahapur talukas of Maharashtra, were attached on March 26 under provisions of the Prevention of Money Laundering Act (PMLA). The action is part of an ongoing investigation against ...Read More >
New Delhi, Mar 30 (PTI) Mining giant Vedanta Ltd has moved the Supreme Court seeking a stay on the NCLT's order approving Adani Group's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL). According to the information available on the top court's website, Vedanta filed its appeal on March 25, a day after the National Company Law Appellate Tribunal (NCLAT) refused to stay implementation of the plan. Adani Enterprises Ltd., meanwhile, has also filed a caveat in the Supreme Court, requ ...Read More >
Mumbai, Mar 30 (PTI) Bank credit to industry grew at faster pace of 13.5 per cent on the fortnight ending February 28, compared with 7.5 per cent in the year-ago period, according to the RBI data released on Monday. The buoyant growth is majorly driven by higher growth in 'infrastructure', 'all engineering', 'chemicals and chemical products', 'petroleum, coal products and nuclear fuels' and 'textiles', said the Reserve Bank of India (RBI). The RBI has released data on sectoral deployment of ba ...Read More >
Mumbai, Mar 30 (PTI) Bank credit to industry grew at faster pace of 13.5 per cent on the fortnight ending February 28, compared with 7.5 per cent in the year-ago period, according to the RBI data released on Monday. The buoyant growth is majorly driven by higher growth in 'infrastructure', 'all engineering', 'chemicals and chemical products', 'petroleum, coal products and nuclear fuels' and 'textiles', said the Reserve Bank of India (RBI). The RBI has released data on sectoral deployment of ba ...Read More >
Shubman Gill buys a Rs 20.7 crore luxury apartment in Juhu's Pooja Luminaire from Vashu Bhagnani, joining Mumbai's elite real estate circle. India's Test and ODI skipper Shubman Gill has purchased a home in Juhu, worth a whopping Rs 20.7 crore, according to transaction and registration documents accessed by Zapkey, a real estate data analytics platform. The luxury apartment is set on the 12th floor of the upcoming Pooja Luminaire development along Juhu-Tara Road. Gill, who leads India's Test ...Read More >
VMPL New Delhi [India], February 17: With Dubai actively building its strengths in the global context of its designation as one of the most dynamic business and investment destinations in the world, 2026 appears to be a pivotal year for entrepreneurs, corporate investors, and property purchasers. As government services are digitised through progressive regulatory changes, corporate tax systems are implemented, and the property business continues to grow, strategic planning is essential in recen ...Read More >
The project is expected to be launched during the latter part of 2026. Shriram Properties Ltd has bought a 4-acre land in Bengaluru to develop a housing project with an expected revenue of about Rs 600 crore. In a regulatory filing on Monday, the company informed that it has acquired a land parcel of about 4 acre on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction. It would develop a premium high-rise residential project on the land parcel. "The proposed dev ...Read More >
Kolkata, Feb 16 (SocialNews.XYZ) The Enforcement Directorate (ED), which is investigating the multi-crore coal smuggling case in West Bengal, is also currently examining the hawala aspect related to the diversion of illicit proceeds overseas. Sources aware of the development said the investigating officials have secured some specific information that part of the proceeds of the crime in the alleged scam were diverted to neighbouring Bangladesh and Dubai through the hawala route. The probe offi ...Read More >
Plea filed by KIIFB challenging a notice issued against the board by the ED in connection with the usage of funds generated through masala bonds for infra development in the State. The ED had initiated proceedings under the Foreign Exchange Management Act. The Kerala High Court has issued a three-month interim stay on a notice issued by the Directorate of Enforcement (ED) to Kerala Infrastructure Investment Fund Board (KIIFB) on the utilisation of funds raised through masala bonds for the board ...Read More >
Ahmedabad: The Detection of Crime Branch (DCB) on Wednesday registered a complaint alleging large-scale cheating and breach of trust in a proposed housing project in Chharodi village, where 95 buyers were allegedly duped of around Rs 35 crore by developers and their associates.The complainant alleged that the developers launched the scheme without RERA registration or NA permission, collected money, and later disposed of the land. The complaint was filed on Dec 17 by a 35-year-old software engin ...Read More >
Kochi, Dec 17 (SocialNews.XYZ) The Enforcement Directorate (ED) on Wednesday moved a division bench of the Kerala High Court challenging a single-bench order that stayed further proceedings against the Kerala Infrastructure Investment Fund Board (KIIFB) over the utilisation of funds raised through Masala Bonds, escalating a high-stakes legal battle with significant financial and political implications. On Tuesday, the single bench of Justice V.G. Arun had granted an interim stay on the ED's enf ...Read More >
Mumbai, Dec 17 (PTI) Markets regulator Sebi on Wednesday approved a comprehensive overhaul of mutual fund regulations, including changes to the expense ratio framework and limits on brokerage charges, to boost transparency. The proposals are aimed at bringing regulatory clarity, reducing redundancies, and promoting ease of compliance. In its board meeting, Sebi has cleared a proposal to exclude all statutory levy -- STT (Securities Transaction Tax), GST (Goods and Services Tax), CTT (Commodity ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) Global Capability Centres (GCCs) are likely to account for 35-40 per cent of total office demand in 2025, and they made up more than 55 per cent of large office deals in the first nine months of CY25, a report said on Wednesday. The report from CBRE South Asia Private Limited said that resilient demand fundamentals underpinned another record year for office leasing, with gross leasing expected to surpass 80 million sq. ft. in 2025. Around 60 million sq. ft. o ...Read More >
New Delhi [India], December 17 (ANI): India's real estate market is entering a structurally stronger and more investment-driven phase, with equity capital inflows touching record levels and demand broadening across asset classes and geographies, according to a report by real estate services and investment firm CBRE. Equity capital inflows into India's real estate sector rose 14 per cent year-on-year to a record USD 10.2 billion during the first nine months of 2025. Investments are expected to r ...Read More >
The Competition Commission of India has approved ITC Ltd's Rs 3,498-crore acquisition of Aditya Birla Real Estate's pulp and paper business in Uttarakhand. The slump-sale deal will transfer Century Pulp and Paper to ITC. ABREL said the divestment will unlock value and allow sharper focus on its core real estate business, while ITC strengthens its paperboards and packaging segment. New Delhi: Fair trade regulator CCI on Tuesday cleared conglomerate ITC Ltd's proposal to acquire the pulp and pape ...Read More >
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