Real Estate News

Stay updated with the latest developments in the Indian real estate market.

Pune: Townships forced to depend on polluted Mula water in Hinjewadi

Oct. 28, 2026, 4:33 a.m.

Residents living in expansive housing developments near Hinjewadi IT Park are voicing their fears regarding the polluted water supplied from the river. Persistent complaints about discolored, yellow-tinted water have been reported, despite initiatives from local authorities. The Maharashtra Pollution Control Board is currently engaged in talks to find resolutions while acknowledging that untreated sewage significantly contributes to the travesty.

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Krisala, Hiranandani Communities plan township in Nagpur; Mahindra Lifespaces signs JDA for 10.05-acre Bengaluru land

Oct. 28, 2026, 4:26 a.m.

Krisala Developers has partnered with Hiranandani Communities to create a golf course township in Nagpur. This township will encompass plotted developments, townhouses, villas, and an integrated golf course. Additionally, Mahindra Lifespace Developers has formed a joint development agreement for land in North Bengaluru. This agreement includes planned residential apartments with an estimated gross development value of ₹1,250 crore.

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Bhubaneswar development body likely to extend deadline of Ekamra Residency application after poor response

Oct. 28, 2026, 4:23 a.m.

The Bhubaneswar Development Authority may soon prolong the deadline for applications to the Ekamra Residency housing project, as it has garnered only 200 applications for 496 flats since its inception. Concerns over pricing have significantly impacted potential buyers, who find the costs to be steep in the current market. The BDA is reassessing the circumstances to better assist aspiring homeowners as they proceed.

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Seven multi-storey buildings sealed, illegal structure razed in Gurugram sector 72

Oct. 28, 2026, 4:01 a.m.

On Tuesday, the Department of Town and Country Planning displayed their zero-tolerance stance on illegal constructions in Gurgaon, sealing seven multi-storey buildings and tearing down an under-construction site in Sector 72. This decisive action was prompted by a surge in complaints about unauthorized constructions. Plans are already in motion for further demolitions to remove additional floors of the sealed structures, showcasing their dedication to maintaining regulatory standards in the area

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Ahmedabad development body sells three plots for ₹871 crore in three days

Oct. 28, 2026, 3:53 a.m.

The Ahmedabad Urban Development Authority has successfully auctioned three prime plots, accumulating a staggering Rs 871.2 crore. Notably, a residential plot in Kathwada broke records by selling for Rs 697.5 crore. Additionally, a commercial plot in Thaltej achieved a remarkable price per square meter, showcasing robust demand in Ahmedabad's thriving real estate market. These sales indicate a strong confidence from corporate investors in the region's property landscape.

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Construction costs up 33%; Builders in Bengaluru face margin squeeze as sales slow down

Oct. 28, 2026, 3:50 a.m.

Karnataka's real estate sector is undergoing a significant upheaval, primarily due to transport restrictions from Tamil Nadu affecting material supplies. Builders are struggling with dwindling availability of crucial components such as sand and jelly, alongside escalating costs of cement and steel. This situation poses a risk of delays in construction projects, inevitably affecting homebuyers' expected timelines.

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