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MahaRERA Directs Developer to Allocate Car Parking to Homebuyers, Warns of Penalty for Non-Compliance

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the developer of Suyog Nisarg Phase III to allocate promised car parking spaces to three homebuyers within 30 days. The ruling, delivered after the developer’s absence from the hearing, warns of penalties for non-compliance and highlights ongoing registration and compliance issues with the project.

Brick by Brick, Skill by Skill”: How 1.5 Lakh Families in Nashik Are Learning to Build Their Own Homes

In a first-of-its-kind initiative, over 1.5 lakh families in Nashik are being trained to build their own homes under the Sampanna Ghar Abhiyan. Backed by NSDC and local partners, this rural housing drive is blending construction skills with dignity and self-reliance — one brick at a time.

Priyanka Chopra’s Family Leases Pune Property for ₹1.49 Crore Over 5 Years

Priyanka Chopra’s mother and brother have rented out their 4,800 sq. ft Koregaon Park property in Pune for ₹2.25 lakh a month. With a five-year lease and 5% annual escalation, the deal totals ₹1.49 crore, reflecting smart real estate investment by the Chopra family.

Welspun One Secures ₹2,300 Crore from NaBFID for JNPA Logistics Park Development

Welspun One Logistics Parks has secured ₹2,300 crore in construction financing from NaBFID for its flagship logistics project at JNPA SEZ, Navi Mumbai. Spanning 55 acres with a development potential of 3.6 million sq. ft., the park is set to transform India’s warehousing and supply chain landscape.

Institutional Real Estate Investments Surge to USD 1.3 Billion in Q1 2025, Marking 31% YoY Growth

Institutional real estate investments in India surged by 31% YoY to USD 1.3 billion in Q1 2025, driven by strong domestic inflows and significant growth in office, residential, and industrial segments. Mumbai led city-wise investments with an 841% increase.