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Bombay HC orders builder to pay daily penalty for failing to secure fire NOCBombay HC orders builder to pay daily penalty for failing to secure fire NOC

Bombay High Court mandates a daily Rs 50,000 penalty for builders failing to secure Fire NOC for Kandivali West flats by December 31, 2025. This stern ruling follows a decade-long

Awfis looks to grow 30% in FY26, eyes 40% non-core business revenue: Amit RamaniAwfis looks to grow 30% in FY26, eyes 40% non-core business revenue: Amit Ramani

Awfis Space Solutions targets robust FY26 growth with a 30% revenue increase to ₹1,600 crore, adding 40,000 coworking seats. The company maintains strong EBITDA margins and RoCE, while diversifying revenue

FIR filed against Ocean Seven Buildtech for ₹217 crore housing fraudFIR filed against Ocean Seven Buildtech for ₹217 crore housing fraud

Delhi Police’s EOW has filed an FIR against Ocean Seven Buildtech and its MD for allegedly cheating homebuyers and diverting Rs 217 crore from the incomplete Expressway Towers project. Buyers

Nexus Select Trust plans ₹5,000-6,000 crore capex via debt-equity mixNexus Select Trust plans ₹5,000-6,000 crore capex via debt-equity mix

Nexus Select Trust REIT plans to significantly expand its retail portfolio to 18-20 million sq ft across 30-35 malls by FY30. The REIT will fund its ₹5,000-6,000 crore capital needs

Indian real estate records 42 transactions valued at $2.9 billion in July-Sept quarterIndian real estate records 42 transactions valued at $2.9 billion in July-Sept quarter

The July-September quarter was a landmark period for India’s real estate industry, marking the highest level of institutional investment ever recorded. Investors flocked from various sectors, engaging in a total

NCLAT includes late buyers’ claims in Today Homes insolvency planNCLAT includes late buyers’ claims in Today Homes insolvency plan

The NCLAT has ruled that genuine homebuyers whose payments are recorded by a builder cannot be denied their dues due to late filing in insolvency proceedings. This decision overturns an

RBI to exempt SWAMIH fund from alternate investment fund rulesRBI to exempt SWAMIH fund from alternate investment fund rules

In a significant regulatory update, the Reserve Bank of India has provided a vital exemption for the Special Window for Affordable and Mid-Income Housing (SWAMIH) fund. This initiative, championed by

FPCE wants changes in RERA law, pitches for rules to verify promoters’ track record
FPCE wants changes in RERA law, pitches for rules to verify promoters’ track record

A homebuyers’ association is urging the government to amend the RERA law. They want builders’ past performance to be checked before new projects are approved. The association also seeks compensation

CapitaLand Investment India to invest upto ₹1,300 crore to develop 2.6 million sq ft in FY26CapitaLand Investment India to invest upto ₹1,300 crore to develop 2.6 million sq ft in FY26

CapitaLand Investment India is exploring InvIT structures for its logistics and data centre platforms while keeping its office assets within the existing Singapore-listed CapitaLand vehicle. The company sees a strong