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MHADA

MHADA Pune Lottery Opens for 4,186 Homes; Registration and Payment Process Begins

The MHADA Pune Board has launched a lottery for 4,186 residential units across various schemes, including PMAY and ‘First Come, First Serve’. The online registration and payment process is open from September 11 to October 31, 2025, with the final draw scheduled for November 21, 2025.
  • September 12, 2025
India’s top 8 metros doubled their built-up footprint to 4,308 sq. km. in 30 years. Pune recorded the highest growth at 332%, while Delhi NCR added the most land—400 sq. km.—making it the largest metro footprint in the country.

Expanding Cities: Built-up Footprint of India’s Top 8 Metros Doubles in 30 Years

India’s top 8 metros doubled their built-up footprint to 4,308 sq. km. in 30 years. Pune recorded the highest growth at 332%, while Delhi NCR added the most land—400 sq. km.—making it the largest metro footprint in the country.
  • September 12, 2025
Meta Description Indian Railways is monetizing nearly 20 acres of prime land in Mumbai's Bandra East, Parel, and Mahalaxmi

Railways to Monetise Nearly 20 Acres of Prime Mumbai Land for Over ₹8,092 Crore

The Indian Railways’ Rail Land Development Authority (RLDA) is set to transform Mumbai’s urban landscape by monetizing close to 20 acres of prime railway land in Bandra East, Parel, and Mahalaxmi. This ambitious project, with a targeted value of over ₹8,092 crore, is designed to create a significant non-tariff revenue stream for the railways while injecting a much-needed supply of new commercial and residential properties into Mumbai’s perpetually constrained real estate market. Offered on a long-term, 99-year lease, the initiative aims to attract leading developers through a transparent e-tendering process, signaling a major step in unlocking the value of railway assets for urban growth and infrastructure modernization.
  • September 11, 2025
India’s office real estate market achieved a new milestone in 2025 as Grade A office leasing crossed 70 million sq ft, supported by strong demand from technology firms, GCCs, and a sharp year-end surge, according to Colliers India.

Pune Doubles IT Exports in 5 Years, Now India’s 3rd Software Powerhouse

Pune is fast transforming into India’s third-largest software export hub with IT exports doubling to ₹1.05 lakh crore in five years. Backed by 360+ Global Capability Centres, a robust manufacturing base, and rapid population growth, the city’s dual-engine economy is driving office demand, housing boom, and infrastructure expansion—making Pune one of India’s most balanced growth stories.
  • September 11, 2025
Bombay High Court slams Tata AIG for denying a home loan insurance claim after a borrower’s sudden death. Justice Sandeep V. Marne upholds Ombudsman’s order, ensuring widow gets ₹27 lakh relief.

HC Slams Insurer for Denying Dead Man’s Home Loan Cover

In a landmark ruling, the Bombay High Court has ordered Tata AIG to pay ₹27 lakh to a widow whose husband died of a sudden cardiac arrest. The case exposed how banks act as insurance agents and how insurers try to deny loan-linked claims. Justice Sandeep V. Marne’s verdict protects homebuyers from losing both loved ones and their homes.
  • September 11, 2025