NCLAT set aside insolvency proceedings against Mahagun, asks NCLT to hear again

New Delhi, Nov 7 (PTI) In a major relief to realty firm Mahagun, the National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against it and directed the NCLT to hear the petition afresh, considering the fresh status report filed before it over the projects. The National Company Law Appellate Tribunal (NCLAT) has […]

SC orders inquiry into stalled Greater Noida housing project, appoints ex-HC judge to head probe

New Delhi, Nov 7 (PTI) In a significant verdict, the Supreme Court on Friday set up a one-member committee headed by former Allahabad High Court judge Pankaj Naqvi for conducting a comprehensive inquiry and suggesting a practical roadmap for completing a stalled housing project at Greater Noida in Uttar Pradesh. The Supreme Court on Friday […]

Bengaluru, NCR, and Mumbai drive India’s office demand as absorption almost touches 20 mn sq ft in Q3 2025

India’s office real estate sector recorded 19.69 million sq ft of absorption in Q3 2025, a 6% year-on-year and 5% quarter-on-quarter rise, according to a report by Vestian. The demand was led by Bengaluru, National Capital Region (NCR), and Mumbai, driven largely by expansions of Global Capability Centres (GCCs), the growing footprint of BFSI firms, […]

Telangana RERA pulls up Hyderabad builders for failing to complete infrastructure, disclosing details of joint project

The Telangana Real Estate Regulatory Authority (TGRERA) has come down heavily on two Hyderabad-based firms, Suvarnabhoomi Infra Developers Pvt. Ltd. and Maha Infra and Developers, for failing to complete the infrastructure and disclosing details of their joint project, Silpa’s Suvarna Sampada 2, located in Patancheru, Sangareddy district. The Telangana Real Estate Regulatory Authority (TGRERA) has […]

UP RERA removes 22 housing projects from abeyance list

GREATER NOIDA: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has removed 22 housing projects in seven districts from its “Abeyance List”, officials said on Wednesday. The “Abeyance List” was introduced after RERA discovered that several promoters had failed to upload key documents — such as land ownership records, approved maps, and inventory details […]

Third-party flat buyers have no rights once developer is removed, rules HC

MUMBAI: The Bombay High Court has ruled that third-party purchasers who book flats through a developer cannot claim any rights in a co-operative housing society’s redevelopment project once the society terminates its contract with that developer. Third-party flat buyers have no rights once developer is removed, rules HC Justice Kamal Khata, dismissing a petition filed […]

Panattoni forays into Kerala, announces ₹ ₹800-crore industrial and logistics park in partnership with Edayar Zinc Ltd

Global industrial real estate leader Panattoni and Kerala-based Edayar Zinc Ltd on November 5 announced a partnership to develop a Grade A+ multi-client logistics and industrial park in Edayar Industrial Area, Kochi, with a total investment of ₹800 crore. Global industrial real estate leader Panattoni and Kerala-based Edayar Zinc Ltd on November 5 announced a […]

Gurugram-based M3M India to invest ₹7,200 crore in an integrated township project on Dwarka Expressway

Gurugram-based developer M3M India has announced plans to invest around ₹7,200 crore to develop Gurgaon International City (GIC), an integrated urban development spread across 150 acres on the Dwarka Expressway Link Road in Delhi-NCR, the company said in a statement on November 5. M3M’s Gurgaon International City (GIC), a 150-acre project on the Dwarka Expressway […]