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Indian Real Estate Market

Indian Real Estate Market

Topic overview

Coverage of Indian residential and commercial real estate, including rent and price trends, planning and zoning, major transactions, and housing and commercial real estate policy updates across India.

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Jul 10, 2026Economic Times Realty

Former ASK Asset director's family buys four Mumbai apartments for ₹179 crore

Family members of Bharat Shah bought four luxury apartments in Worli, Mumbai for about ₹179 crore from a developer. The homes span the 34th and 35th floors in Wing A and include 16 car parking spaces, per registration documents. Deals of this size reinforce that Mumbai's top end can absorb aggressive pricing, shaping developer strategy, valuations, and future supply in prime locations.

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Jul 9, 2026Economic Times Realty

Punjab & Haryana HC bars fresh allotments in Oberoi Realty’s Gurugram project pending DTCP decision

The Punjab and Haryana High Court has stopped IREO Group entities and Oberoi Realty from making fresh allotments or creating third-party rights in a Gurugram project until Haryana DTCP rules on a complaint filed by Advance India Projects. Oberoi Realty says the order does not impact existing sales or ongoing construction. A judicial halt on fresh allotments can choke a project’s sales pipeline and raise buyer and lender risk, even if construction continues.

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Jul 9, 2026Economic Times Realty

OC amnesty scheme for Mumbai buildings occupied before 2016 approved

Mumbai's BMC standing committee approved an amnesty scheme to issue occupation certificates to buildings that have been occupied for years without them, covering units occupied before November 2016. The scheme prioritizes relief for families living in homes up to 80 square meters who have faced delays and service hurdles due to missing OCs. It converts long-occupied but technically illegal housing into bankable, transferable property, shifting both household security and Mumbai's compliance burden.

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Jul 8, 2026Economic Times Realty

ED raids builders in Delhi-NCR in 'subvention scheme' fraud case

The Enforcement Directorate raided at least five premises of three Delhi-NCR real estate companies in a money laundering probe tied to alleged subvention scheme fraud against homebuyers. The case follows CBI FIRs filed in 2025 on Supreme Court directions, alleging diversion of buyer funds to other projects and uses. A tougher crackdown on subvention abuse can reset funding norms in NCR, but it can also freeze projects and delay deliveries for thousands of buyers.

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Jul 8, 2026Economic Times Realty

CBI files two chargesheets in homebuyers' fraud cases

The CBI filed chargesheets in Bengaluru against Ithaca Estate and LGCL Urban Homes, naming company directors and bank officials for allegedly cheating homebuyers through false assurances and deceptive practices. The cases are part of a nationwide probe covering 34 builder complaints, with 13 chargesheets filed so far. By pulling banks into the dock alongside developers, the case can change lending behavior and buyer protections across stressed housing projects.

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Jul 7, 2026Economic Times Realty

Builders in Tamil Nadu can register first sale of plots, flats without visiting sub-registrar offices

Tamil Nadu has enabled builders to complete first-sale registrations for plots and flats online, removing the need to visit sub-registrar offices. The process requires uploading Aadhaar details for executants, claimants, and witnesses, completing biometric authentication, uploading photographs, and paying fees digitally before submission. Digitized registration can compress transaction timelines and reduce friction in primary market sales, directly affecting launch velocity, cash flows, and buyer experience.

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