Real Estate News

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

Tamil Nadu housing board steps out of old blocks, decides to build gated communities in Chennai

Nov. 3, 2026, 1:12 p.m.

The Tamil Nadu Housing Board plans to launch a project for the construction of 416 residential flats at three strategic sites in Chennai. This ambitious venture aims to provide high-income, rental, and mixed-income housing while optimizing land utilization. The flats will incorporate essential amenities, community spaces, and innovative building management systems, complete with effective parking solutions designed by leading architectural firms to enhance spatial and resource efficiency.

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About 600 dilapidated housing board homes in Aishbagh to be demolished on November 14

Nov. 3, 2026, 1:10 p.m.

Residents of the 600 dilapidated EWS houses in Aishbagh face a significant deadline. They must vacate their homes by November 13 to make way for a demolition drive by the Madhya Pradesh Housing Board, scheduled for November 14. Only those who are the original legal allottees are eligible for rental assistance and will be provided larger new flats, while unauthorized occupants will be evicted without any benefits.

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Arbour bets on Mumbai 3.0, commits ₹85 crore to Svaasa, a Sensation Fortune Group project in Karjat

Nov. 3, 2026, 1:06 p.m.

As the Panvel-Karjat rail corridor nears completion, institutional capital backs a 54.5-acre plotted development on one of Karjat's lakefronts

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NBCC signs ₹2,000 crore Patna redevelopment MoUs; Avenue Towers e-auction fetches ₹5,191 crore

Nov. 3, 2026, 4:23 a.m.

NBCC has signed MoUs with the Bihar government for four redevelopment projects in Patna with an estimated project cost of ₹2,000 crore and potential sale and lease proceeds of about ₹5,152 crore. Separately, the company realised ₹5,191 crore through an e-auction of residential units in New Delhi and opened a branch office in Australia.

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Property owners in Bengaluru face delay in upgrading from B-khata to A-khata due to tech glitches

Nov. 3, 2026, 4:17 a.m.

In Greater Bengaluru, a noteworthy number of property owners face considerable delays in upgrading from B-khata to A-khata due to technical glitches in the recently implemented e-Aasthi 2.0 software, which hinders document uploads. This has made it increasingly challenging to access essential civic services, conduct transactions, and secure bank loans.

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Sri Lotus Developers promoter to sell up to 5.89% stake through OFS

Nov. 3, 2026, 4:01 a.m.

Sri Lotus Developers and Realty promoter Anand Kamalnayan Pandit proposes to sell up to 2.88 crore shares, representing 5.89% of the company’s paid-up equity capital, through an offer for sale. The base offer comprises a 4.87% stake, with an additional 1.02% oversubscription option.

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