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real estate news

216 posts
Sanghvi Realty announces two new projects—Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park—with a combined GDV of ₹220 crore. Both projects await commencement certificates and mark the developer’s expanded presence in prime Mumbai micro-markets.

Sanghvi Realty Expands Mumbai Portfolio With New Andheri & Shivaji Park Projects, GDV at ₹220 Crore

Sanghvi Realty has launched two new residential projects—Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park—with a combined GDV of ₹220 crore. Both projects have been demolished to ground level and await commencement certificates as the developer strengthens its portfolio in Mumbai’s core micro-markets.
Embassy Developments has achieved ₹860 crore in bookings at the launch of Embassy Greenshore in North Bengaluru, selling over 450 units within five days. The project, positioned as an “affordable luxury” offering within Embassy Springs, features larger-format homes, high-privacy planning, and premium amenities.

Embassy Developments Sells 450+ Units Worth ₹860 Crore at Embassy Greenshore Launch in Bengaluru

Embassy Developments has achieved ₹860 crore in bookings at the launch of Embassy Greenshore in North Bengaluru, selling over 450 units within five days. The project, positioned as an “affordable luxury” offering within Embassy Springs, features larger-format homes, high-privacy planning, and premium amenities.
India’s EPC sector has recorded a 51% surge in hiring since 2020, signalling a major acceleration in roads, metro, power and renewable energy projects. With Mumbai and Delhi leading 80% of national demand, this talent boom is set to speed up infrastructure delivery, strengthen electricity networks, and unlock new real estate growth corridors. For homebuyers, faster connectivity, improved power stability, and emerging metro-linked zones mean better housing options, rising property values and more livable cities.

Hiring Boom in EPC Sector Up 51%: Faster Roads, Metros & Power Projects Likely to Boost Real Estate Growth

India’s EPC sector has recorded a 51% surge in hiring since 2020, signalling a major acceleration in roads, metro, power and renewable energy projects. With Mumbai and Delhi leading 80% of national demand, this talent boom is set to speed up infrastructure delivery, strengthen electricity networks, and unlock new real estate growth corridors. For homebuyers, faster connectivity, improved power stability, and emerging metro-linked zones mean better housing options, rising property values and more livable cities.
RBI

Repo Rate Cut to 5.25%: How Your Home Loan EMI Will Now Fall

RBI has cut the repo rate to 5.25%, triggering a likely fall in home loan EMIs. With affordability pressures rising and buyers sitting on the fence, this move is expected to revive demand across affordable, mid-income, and premium housing. Experts call it the sentiment boost the market needed.
The Enforcement Directorate has attached assets worth ₹80.03 crore after finding that over 2,600 homebuyers were cheated of ₹1,100 crore by Ramprastha Promoters & Developers in delayed Gurugram housing projects.

FIR Against Real Estate Developer and Son for Cheating Worth Several Crores in Mumbai

A major FIR has been filed against Ranbir Real Estate & Developers LLP and its associates, accused of defrauding investors of over ₹31 crore by promising high returns and illegal flat sales. Retired pharmacist Mahesh Doshi and possibly 17–18 others were allegedly misled — Mumbai Police has taken up investigation.