NBCC will now complete 8,000 Amrapali flats by September 2025, delayed from March due to GRAP restrictions and funding issues. Of the 37,000 units, 26,800 are constructed, with 13,300 buyers receiving possession. Adarsh Awas Yojna, with 2,000 flats, will be ready by March 2026, marking the final stage of the project.
Salman Khan finalized the sale of his 1,318 sq ft apartment in Shiv Asthan Heights, Bandra West, Mumbai, for ₹5.35 crore, which includes three car parking spaces. The transaction, registered in July 2025, involved a stamp duty payment of ₹32.01 lakh and registration charges of ₹30,000.
Shapoorji Pallonji Real Estate (SPRE) has introduced Vanaha Verdant, a new residential project within its expansive 1,000-acre Vanaha township near Pune's Bavdhan area. This five-acre development will offer approximately 10 lakh sq ft of saleable space, projecting a revenue potential of ₹800 crore.
Despite a ready reckoner rate hike in Maharashtra on April 1st, property registrations have remained steady, averaging 3.7 lakh per month in Q1 of FY26. Revenue collections surpassed Rs 4,000 crore in both May and June, indicating sustained demand and market resilience. The state registered 11.33 lakh properties, generating Rs 12,783.77 crore in revenue, a positive sign for the sector.
The Delhi Development Authority (DDA) has set a deadline of July-end for occupants of Signature View Apartments to vacate, facilitating redevelopment due to structural safety concerns highlighted by IIT and court directives for demolition. The DDA will collaborate with MCD for evacuation, potentially issuing notices and disconnecting utilities.
India's luxury housing market experienced substantial growth in the first half of 2025, with sales soaring by 85% to nearly 7,000 units across the top seven cities, fueled by HNIs, ultra-HNIs, and NRIs. Delhi-NCR led the surge, accounting for 57% of total luxury sales, while Mumbai followed with a significant contribution.
The Delhi Development Authority (DDA) is set to launch its Premium Housing Scheme 2025, offering 177 flats across Delhi via e-auction. In a recent meeting, DDA also approved reduced amalgamation charges for commercial properties and a lower multiplication factor for commercial property auctions, aiming to boost investment.
Lotus 300 AOA takes legal action against Noida Authority. The AOA alleges defiance of Supreme Court orders regarding flat registrations. Despite OC and CC issuance, registration is stalled. The AOA warns of contempt proceedings to protect homebuyers. They cite repeated requests and deposited fees without progress. The legal battle stems from a decade-long struggle and developer delays.
Chandigarh Housing Board is actively addressing city's housing needs. Sector 53 self-financing scheme is set to launch soon. A new housing project is planned for Sector 54 on 32 acres. Around 1,700 flats are expected. Possession of land is underway. Sector 53 scheme faced delays and price revisions. Fresh applications will be invited.
The cabinet has approved the Wayanad Township project, appointing a special officer for implementation, and waived registration fees for Life Mission beneficiaries. Financial aid from CMDRF was sanctioned for those affected by natural calamities, and the 2024 Telecom (Right of Way) Rules will be implemented.
Ghaziabad Development Authority issued demolition notices to 172 households in Babu Jagjivan Ram Colony. GDA claims the colony is built on park land. Residents are given 15 days to demolish structures. An NGT petition brought the issue to light. A review meeting is scheduled. Residents express concern over the sudden notice after 50 years.
Get updates on your preferred social platform
Follow us for the latest news, insider access to events and more.
