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HC appoints to third party to look into SRA projects by Darshan Developers

HC appoints to third party to look into SRA projects by Darshan Developers

Published on: Dec 26, 2025 06:02 am IST The court noted that despite selling flats and commercial units, the developer’s proprietors showed almost no funds in their bank accounts Quick Read MUMBAI: The Bombay High Court on Wednesday appointed a court receiver, a third neutral third party, to oversee the slum rehabilitation projects being carried out by Darshan Developers after slum...

State slashes rent for housing society plots leased out for the long term

State slashes rent for housing society plots leased out for the long term

MUMBAI: In a move that could provide relief to over 3,000 housing societies within the limits of Greater Mumbai, the Maharashtra government has decided to lower the rent levied on government lands where the lease contract has not expired. The State leases out land across Mumbai city and its suburbs though various agencies such as the district collectorates to private parties and cooperative...

Mana Projects to launch 3.3 mn sq ft of mid-segment homes in Bengaluru by the end of FY26, priced between ₹1.7–3 cr

Mana Projects to launch 3.3 mn sq ft of mid-segment homes in Bengaluru by the end of FY26, priced between ₹1.7–3 cr

Bengaluru-based real estate developer Mana Projects plans to develop 3.3 million sq ft of mid-segment homes priced between ₹1.7–3 crore by the end of FY26 in March 2026, managing director Kishore Reddy told Hindustan Times Real Estate.Mana Projects plans 3.3 million sq ft of mid-segment homes priced at ₹1.7–3 crore in Bengaluru by March 2026, MD Kishore Reddy told HT Real Estate. (File Photo...

Govt to soon launch SWAMIH-2 fund to complete 1 lakh homes in stalled projects

Govt to soon launch SWAMIH-2 fund to complete 1 lakh homes in stalled projects

New Delhi, Dec 25 (PTI)) The government is finalising the contours of SWAMIH-2 Fund and is expected to soon operationalise the fund with a view to providing last-mile financing for the completion of stalled housing projects, according to sources.The government is finalising the contours of SWAMIH-2 Fund and is expected to soon operationalise the fund with a view to providing last-mile financing for the...

Navi Mumbai International Airport begins operations: How does it impact the real estate market around it?

Navi Mumbai International Airport begins operations: How does it impact the real estate market around it?

With the start of the first commercial flight operations from the Navi Mumbai International Airport (NMIA) on December 25, real estate experts believe that the entire Navi Mumbai region and its surrounding areas in the Mumbai Metropolitan Region (MMR) and the Pune Metropolitan Region (PMR) are already witnessing a wave of optimism and growth, which will further accelerate in the coming years.Navi Mumbai...

Mumbai real estate: Railway authority receives the highest bid of ₹2,251 crore for 2.6 acres of land in Mahalaxmi

Mumbai real estate: Railway authority receives the highest bid of ₹2,251 crore for 2.6 acres of land in Mahalaxmi

A prime 2.5-acre land parcel in South Mumbai’s Mahalaxmi locality has drawn a record-breaking bid of ₹2,251 crore for a 99-year-long lease by the Railway Land Development Authority (RLDA). According to real estate experts, this was the highest price ever offered for a 2.6-acre plot in the Mumbai real estate market, which can be considered a trend-setting move.Mumbai real estate top deal: A prime...

India’s top seven cities lease over 55 mn sq ft of office space in 2025, up by 10% yoy on GCC-led demand

India’s top seven cities lease over 55 mn sq ft of office space in 2025, up by 10% yoy on GCC-led demand

India’s top seven cities leased nearly 55.16 million sq ft (msf) in 2025, a 10% year-on-year increase from approximately 49.95 msf in 2024, despite headwinds such as IT sector layoffs and global tariff tensions, according to a report by ANAROCK.India’s top seven cities leased about 55.16 msf of office space in 2025, up 10% year-on-year, despite IT layoffs and global tariff headwinds, ANAROCK said....

Housing sales in India’s top 9 cities fall 16% in Q4 2025; supply declines 10%: Report

Housing sales in India’s top 9 cities fall 16% in Q4 2025; supply declines 10%: Report

Housing sales in India’s top 9 cities fell to 98,019 units in Q4 2025, registering a 16% YoY decline. This is the lowest quarterly sales recorded since Q3 2021, according to a report by real estate data analytics firm PropEquity.Housing sales in India’s top 9 cities fell to 98,019 units in Q4 2025, registering a 16% YoY decline. (Picture for representational purposes only) (Mehul R Thakkar/HT)Except...

Are flats still a wealth creator? Homebuyers debate ageing homes, rising costs and redevelopment prospects

Are flats still a wealth creator? Homebuyers debate ageing homes, rising costs and redevelopment prospects

For decades, owning a flat has been regarded as a cornerstone of financial security for India’s middle class, often marketed as a safe, long-term investment that would appreciate in value and support future generations. However, as home prices soar, maintenance costs rise, and ageing buildings raise questions about resale and redevelopment, a growing number of buyers are beginning to ask whether...

Indian office space segment leased over 71.5 mn sq ft of space in 2025: Report

Indian office space segment leased over 71.5 mn sq ft of space in 2025: Report

The Indian office market segment leased over 71.5 million square feet (msf) for the year, a 6% increase compared to the previous year, driven by occupier confidence and the expanding footprint of global capability centres (GCCs), according to a report by Colliers India.India’s office market leased over 71.5 msf this year, up 6% YoY, driven by occupier confidence and expanding GCC demand, says Colliers...