Omaxe Announces Rs. 1000 Crore Investment in New Amritsar Township

Omaxe Ltd. has launched a new 260-acre integrated township in Amritsar with an initial Rs. 1000 crore investment. Located near the Golden Temple, the project features residential plots, commercial zones, and key urban amenities, backed by strong infrastructure connectivity and government approvals.

Sale Deed Invalid If Not Registered Within 4 Months Of Execution

The Supreme Court of India has issued a stern warning that unregistered agreements may not confer legal title to property, emphasizing that sale deeds must be registered within four months of execution as mandated by the Registration Act, 1908. This comes after a significant ruling in a Telangana land dispute, highlighting the risks of failing to formally register property transfers.

Sumadhura Group Acquires 5-Acre Parcel in East Bengaluru, Targets ₹500 Crore Revenue

Sumadhura Group, a leading South Indian real estate developer, has announced the acquisition of a 5-acre prime land parcel on Soukya Road in East Bengaluru. This strategic move is set to generate an estimated ₹500 crore in revenue from an upcoming residential project, significantly strengthening Sumadhura’s footprint in one of Bengaluru’s fastest-growing corridors.

Apartment Loading Rises to 40% in Q1 2025, Highest in MMR

In Q1 2025, average apartment loading across India’s top 7 cities reached 40%, up from 31% in 2019, as per ANAROCK. MMR leads with the highest loading at 43%, while Bengaluru saw the sharpest rise. Experts link the increase to rising demand for luxury amenities — but warn that homebuyers now get just 60% of what they pay for as usable living space.

BMC Registers FIR Against 27 Residents for Unauthorised Construction in Flats

In a strict enforcement move, the BMC has filed an FIR against 27 residents of Mangesh Co-operative Housing Society in Kurla East for unauthorised structural changes in their flats. Despite multiple notices issued since 2020, no action was taken by the residents, prompting BMC officials to register the case under Section 53(7) of the MRTP Act.