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Kandivali Resident’s 20-Year-Old MHADA Case Resolved

MHADA resolved a 20-year-old pending flat regularization case in Kandivali during its ninth Lokshahi Din, along with addressing multiple long-standing grievances. Vice President and CEO Sanjeev Jaiswal issued immediate directives, ensuring swift resolutions for applicants, reinforcing MHADA’s commitment to transparent and efficient governance.

Maharashtra Government to Fast-Track MSRTC Bus Depot Development, Invites Developers for 3,360 Acres of Land

The Maharashtra government plans to fast-track the development of MSRTC bus depots across district, taluka, and rural areas, inviting developers to utilize 3,360 acres of land. The government will soon float 150 to 160 tenders for the project. At the NAREDCO NextGen Conclave 2025, discussions covered real estate trends, AI adoption, and urban planning, with experts highlighting the impact of government reforms and tax policies on the sector.

Gauhar Khan Buys Three Apartments Worth ₹10.13 Crore in Mumbai’s Versova

Gauhar Khan has purchased three apartments worth ₹10.13 crore in Versova, Mumbai, with two jointly owned with her husband, Zaid Darbar. The properties are located in Shiv Kutir Co-operative Housing Society, and the transactions were registered in February 2025.

India’s Office Market Poised for Strong Growth in 2025, Led by Engineering, BFSI, and Flex Spaces

Office leasing in India is projected to reach 65-70 million sq ft in 2025, led by engineering, BFSI, and flex spaces. Bengaluru will remain the top market, with over 20 million sq ft of demand, followed by Hyderabad and Delhi-NCR at 10-15 million sq ft each. The expansion of Global Capability Centers (GCCs) and a shift towards sustainable office spaces will further drive growth.

Indian REITs Disburse Rs. 1,505 Crores to Unitholders in Q3 FY25

India’s listed REITs have disbursed Rs. 1,505 crores to unitholders in Q3 FY25, reflecting strong sector growth. With market capitalization surpassing Rs. 95,000 crores and increasing investor confidence, the REIT ecosystem is set for continued expansion.