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nagpur

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Maharashtra has sanctioned Rs 240 crore from the 1% stamp duty surcharge on property deals for distribution to 28 municipal corporations in 2026-27, with deductions made from three corporations towards pending water supply project loans and UIDF interest dues.

Maharashtra Distributes Rs 240 Crore Stamp Duty Surcharge Grant to 28 Municipal Corporations

Maharashtra has sanctioned Rs 240 crore from the 1% stamp duty surcharge on property deals for distribution to 28 municipal corporations in 2026-27, with deductions made from three corporations towards pending water supply project loans and UIDF interest dues.
India’s real estate sector recorded USD 4.3 billion in PE investments across 60 deals in FY26, marking a 7-year high, with office assets leading and domestic capital hitting a multi-year peak.

Maharashtra Releases ₹5,585 Crore GST Compensation to Municipal Corporations for April–May 2026

The Maharashtra Urban Development Department has approved ₹5,585.68 crore in GST compensation for 29 municipal corporations covering April and May 2026, with BMC topping the list at ₹2,587.55 crore and Pune and Pimpri-Chinchwad close behind at ₹485 crore and ₹457 crore respectively.
Maharashtra has dissolved Smart City SPV leadership in 8 cities, transferring all powers to Municipal Commissioners as the Centre's mission concludes.

Maharashtra Winds Down Smart City SPVs, Hands Charge to Municipal Commissioners

Maharashtra has dissolved Smart City SPV leadership in 8 cities, transferring all powers to Municipal Commissioners as the Centre’s mission concludes.
Leasing

Net Absorption in Indian Office Markets to Surpass 60 msf in FY2026: ICRA

India’s top six office markets—Bengaluru, Chennai, Delhi-NCR, Hyderabad, MMR, and Pune—are projected to achieve a record-breaking net absorption of 60 msf by FY2026, according to ICRA. Vacancy levels are expected to hit decade-lows, while retail mall operators will witness steady rental income growth despite challenges from rising e-commerce competition.
Nagpur

Nagpur Tops List of Emerging Cities in India

Nagpur has emerged as the top-performing city among India’s 30 emerging cities, according to Colliers’ latest report. With expressway development acting as a key growth catalyst, Nagpur, Jaipur, and Lucknow are poised for significant real estate expansion.