The Noida Authority board approved the Model Building Regulations, 2026, including the removal of the floor area ratio cap for group housing projects on roads at least 45 metres wide. It will also appoint a master developer through competitive bidding for the proposed AI City-cum-Business Park.
12:01 AMEconomic Times Realty6 stories from 3 sources
Regulators are redrawing development capacity across Indian real estate
Day’s Recap
Supporting Articles
The Slum Rehabilitation Authority has changed the floor space index calculation for CRZ redevelopment projects from gross plot area to net plot area. The revision affects more than 45 projects, particularly in high-value areas such as Bandra and Juhu, reducing the construction area available to developers.
11:59 PMEconomic Times Realty
Indian real estate attracted about $1.66 billion in private equity investment from January to September 2026, down 31% from the same period a year earlier. Deal volume rose despite the decline in total capital, pointing to smaller average transactions and a greater need for clear financial disclosure.
6:02 AMThe Property TimesNoida authority board adopts model building regulations to remove FAR cap
Summary
The Noida Authority board approved the Model Building Regulations, 2026, including the removal of the floor area ratio cap for group housing projects on roads at least 45 metres wide. It will also appoint a master developer through competitive bidding for the proposed AI City-cum-Business Park.
Removing the FAR ceiling will allow substantially greater construction density on eligible sites and could
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Noida is opening more development capacity, shifting the market toward denser projects while raising the infrastructure burden on the authority.
Mumbai: Developers of sea-facing projects rattled as SRA revises permissions shrinking construction area for CRZ projects
Summary
The Slum Rehabilitation Authority has changed the floor space index calculation for CRZ redevelopment projects from gross plot area to net plot area. The revision affects more than 45 projects, particularly in high-value areas such as Bandra and Juhu, reducing the construction area available to developers.
The shift immediately weakens project economics by cutting permissible built-up space without necessarily reducing land,
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A technical change in FSI accounting could make several coastal slum-redevelopment projects less viable and pressure Mumbai's already constrained housing pipeline.

Smaller Property Deals Make Financial Transparency More Important-Khazi Altaf Hussian
Summary
Indian real estate attracted about $1.66 billion in private equity investment from January to September 2026, down 31% from the same period a year earlier. Deal volume rose despite the decline in total capital, pointing to smaller average transactions and a greater need for clear financial disclosure.
The market has shifted from fewer, larger bets to more numerous and smaller deals. That
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
More deals are not offsetting the fall in capital, so transparency will increasingly determine which developers can attract funding.
Other Developments
A curated list of other prominent stories from this day.
Brigade Group's second-quarter net profit rose 29% year on year to Rs 219 crore even as revenue declined. Higher operating profit, strong residential bookings, leasing income, hospitality growth and new project launches supported the result.
10:39 AMEconomic TimesSEBI has amended REIT rules to change unitholder voting thresholds, provide exit options for dissenting investors during specified sponsor exits, allow depository receipts against REIT units and revise the definition of common infrastructure. The changes affect governance, investor protection and access to global capital.
9:40 AMEconomic TimesMahindra Lifespace Developers' sales bookings rose 66% year on year to Rs 1,988 crore in the first half of the year, with second-quarter bookings reaching Rs 1,063 crore. September-quarter net profit stood at Rs 16.34 crore, while total income increased to Rs 104 crore despite higher tax expenses.
8:17 AMEconomic TimesBrigade Group reports 29% growth in Q2 net profit at Rs 219 crore
Summary
Brigade Group's second-quarter net profit rose 29% year on year to Rs 219 crore even as revenue declined. Higher operating profit, strong residential bookings, leasing income, hospitality growth and new project launches supported the result.
Brigade converted stronger bookings and operating performance into profit growth despite weaker reported revenue. The
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Brigade's profit growth despite lower revenue shows how mix and operating margins are becoming as important as topline expansion.
ET EXPLAINER: What do the new REIT regulation amendments mean for investors?
Summary
SEBI has amended REIT rules to change unitholder voting thresholds, provide exit options for dissenting investors during specified sponsor exits, allow depository receipts against REIT units and revise the definition of common infrastructure. The changes affect governance, investor protection and access to global capital.
The amendments give investors more formal protection when sponsor ownership or control changes, while opening
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The rule changes could improve REIT market access while materially altering how investors challenge or approve sponsor-led decisions.
Mahindra Lifespace Developers pre-sales rise 66% to nearly Rs 2,000 cr in Apr-Sep
Summary
Mahindra Lifespace Developers' sales bookings rose 66% year on year to Rs 1,988 crore in the first half of the year, with second-quarter bookings reaching Rs 1,063 crore. September-quarter net profit stood at Rs 16.34 crore, while total income increased to Rs 104 crore despite higher tax expenses.
The sharp rise in bookings gives Mahindra Lifespaces stronger visibility on future revenue and reflects
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Bookings have accelerated sharply, but execution and cash conversion will determine whether that momentum becomes durable profit growth.
Make it yours
Build Your First Pass.
Pick your topics, set your cadence, and receive your personalized First Pass in your inbox. It’s that simple!