Tier 2 Cities Outshine Metros in Real Estate Appreciation: Magicbricks Report
Real estate in Tier 2 cities across India is witnessing a significant upward trend in capital appreciation, outpacing the growth rates of their Tier 1 counterparts, as revealed in the latest analysis by Magicbricks, one of India’s leading real estate platforms. This shift marks a transformative period in the real estate landscape, with Tier 2 cities […]
Tier 1 Cities to Witness 16.6 Mn Sq Ft Mall Supply by 2026 Amid Rising Demand: Anarock Report
India’s retail real estate market is poised for robust expansion, with more than 16.6 million square feet of Grade A mall space expected to be added across Tier 1 cities between 2025 and 2026. According to a recent report by real estate consultancy Anarock, this surge is being driven by rising consumer demand, a shortfall in previous […]
Housing Sales Dip 8% in Top 15 Tier 2 Cities, But Value Rises 6% in Q1 2025: PropEquity
Housing sales in India’s top 15 tier 2 cities fell by 8% to 43,781 units in Q1 2025 as compared to 47,378 units in the same period last year with sales value, however, rising by 6% to Rs 40,443 crore in Q1 2025 as against Rs 38,102 crore in the same period last year, said a […]
Karnataka’s Real Estate Delays Surge with 2,600+ Projects Stalled, Bengaluru Most Affected: KRERA Report
The Karnataka Real Estate Regulatory Authority (KRERA) has reported that more than 2,600 real estate projects across Karnataka have missed their scheduled completion deadlines. Many of these projects are now facing indefinite delays, with Bengaluru being the most affected city. The capital alone accounts for 1,301 stalled developments, according to the latest KRERA data. In […]
Vyapar Acquires 90,000 Sq. Ft. Office Space at Enzyme Office Spaces’ New Bengaluru Centre
Vyapar, one of India’s leading accounting software companies, has acquired 90,000 sq. ft. of customized office space at Enzyme Office Spaces’ newly launched centre at Sarjapura Road in Bengaluru. The facility will house approximately 2,200 workstations, including meeting and collaboration areas. Located in Sarjapura Road, Enzyme Office Spaces’ new 1,20,000 sq. ft. centre offers around […]
Prestige Group to Launch Over ₹42,000 Crore Worth of Housing Projects with 25 New Developments in FY 2026
Projects Ltd has announced plans to launch multiple housing projects across several major cities in the current financial year, with an estimated revenue potential exceeding ₹42,000 crore. This move reflects the company’s strategy to expand its business and capitalize on strong consumer demand in the real estate sector. According to the latest investor presentation by […]
Government Launches Aggressive Drive to Evict Land Encroachers in Odisha
n a decisive move against land encroachment, Chief Minister Mohan Majhi of Odisha has directed district administrations to prioritize the identification and eviction of encroachers on government land. This initiative aims to reclaim government land for public use and development projects, addressing the long-standing issue of illegal land occupation. A Clear Message to Encroachers Chief Minister Majhi […]
Odisha RERA Orders Builder to Halt Sales in Phulnakhara Project for Violating Regulations
The Odisha Real Estate Regulatory Authority (ORERA) has taken action against a builder for failing to comply with the terms of its registration. The builder has been directed to stop accepting bookings for a housing and commercial project in Phulnakhara, located near the city. This decision comes after ORERA found that the builder had made changes […]
Odisha Government to Amend Land Allotment Rules to Enhance Transparency
The Odisha government has announced its decision to amend the Odisha Government Land Settlement Rules, 2020, in an effort to improve transparency in the land allocation process. This initiative, disclosed by Chief Minister Mohan Charan Majhi during discussions on the general administration department, aims to address concerns related to land distribution and encroachments, particularly in rapidly developing […]