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Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine

Sobha Q4 profit up at ₹92 cr; FY26 profit rises 2 times to ₹193 cr Godrej Properties FY26 profit rises 32% to ₹1,850 crore, stock gains WeWork India opens Aerocity centre, adds 1.1 lakh sq ft in Delhi-NCR Listed realty firms tighten grip on land deals as market consolidates in FY26 Concorde leases 1.4 lakh sq ft to BHIVE at Bengaluru’s Econex Ramky Estates takes over ₹2,000-crore stressed residential projects from Skylark Builders in Bengaluru Brigade, Bain Capital to develop ₹2,200 crore mixed-use project in Bengaluru Cognizant pre-leases 6.5 lakh sq ft in Chennai to set up GCC for US Bancorp Strong leasing boosts Mindspace REIT’s Q4 performance Embassy REIT eyes 10–12 msf acquisitions; demand tailwinds support growth MICL Group acquires 2 projects in South Mumbai with sales potential of ₹2,000 cr Mahindra Lifespace pre-sales rise 21% to ₹3,405 crore in FY26 on strong housing demand DRA partners with California-based Slate AI for AI-led construction management GIFT City to expand its area by 15%; over 161 acres to be added Real estate shifts to delivery-led growth as RERA tightens norms: NBR Group Meghna Infracon to invest ₹500 cr on five redevelopment projects in Mumbai region Domestic capital drives 76% of India's real estate investment, foreign inflows stay muted: Report Nvidia inks 10-year lease for 7.6 lakh sq ft office space in Bengaluru Office market shines in Jan-Mar despite global headwinds; net leasing up 7% in top 7cities: JLL Mehul H Doshi assumes charge as president of CREDAI Chennai for 2026–2028 Sales of affordable homes down 23% in Jan-Mar to 16,273 units in top 8 cities: Knight Frank India real estate demand remains stable in Q1 despite launch slowdown: Equirus Lodha Developers bets on data centres and low leverage as it targets sustained growth after record FY26 Real estate deals down 63% to $763 mn in Jan-Mar against Dec quarter: Report Chalet Hotels acquires Udaipur resort for ₹171 crore Bengaluru’s next real estate boom to be driven by expansion of metro lines Sunteck Realty Q4 pre-sales rise 22% to ₹1,064 cr Capital inflows in Indian real estate rise 72% to record $5.1 billion in Jan-Mar: CBRE Table Space adds 4.25 lakh sqft in Mumbai, Pune Asset Homes charts road map for FY27; 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eyes IPO RMZ to invest $35 billion to build digital infra, housing, commercial projects, exploring IPO Sumitomo Corp JV firm Krisumi to invest ₹4,500 cr on housing project in Gurugram Signature Global cuts net debt by 77% to ₹200 crore in FY26 Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W Godrej Properties reports record ₹34,171 crore sales bookings in FY2026, up 16% IBBI panel suggests project-centric approach for real estate insolvency resolution Chalet Hotels activates cost saving steps, growth plans remain intact: CEO Shwetank Singh HoABL launches 1% monthly payment plan for Naigaon housing project, backed by Amitabh Bachchan Signature Global FY26 pre-sales down 20% to ₹8,220cr amid slow demand in Gurugram housing market ASK Property Fund exits two realty investments for ₹400 crore Prestige Estates crosses ₹30,000 crore pre-sales in FY26 Office transactions see record growth in Q1, residential sales decline: Knight Frank report Housing sales dip 4% annually in Jan-Mar in 8 cities on high prices, Iran war: Knight Frank Rustomjee posts record pre-sales of ₹1,346 crore in Q4, beats full-year guidance IIFCL to double InvITs exposure to ₹6,000 cr this fiscal CapitaLand Investment Ltd outlines 23 m sq ft India pipeline across business parks, logistics Builders’ Association of India appoints Dharmesh Awasthi as president Raymond Realty Q4 pre-sales jump over 2-fold to ₹1,519 cr Large corporates drive India’s flex workspace boom: Knight Frank report Foreign fund inflow in Indian real estate falls 75% in Jan-Mar amid West Asia conflict: Colliers MAIA Estates lines up ₹7,000 crore pipeline, plans Mumbai entry Mindspace REIT expands Chennai presence with ₹2,541 crore office acquisition Prologis commences 1.1 million sq ft logistics park in North Chennai Housing sales in Delhi-NCR dip 17% in Jan-Mar amid West Asia conflict: Anarock Aditya Birla Real Estate expects ₹1,700 cr revenue from 1st housing redevelopment project Housing sales in Jan-Mar dip 7% from Dec qtr due to West Asia conflict, up 9% annually: Anarock Prestige Estates, Arihant Group buy land in Chennai to build ₹5,000 cr worth housing project Workspace provider Table Space adds 4.69 lakh sq ft in Bengaluru Office leasing up 15% in Jan-Mar to 18.3 mn sq ft across top 7 cities: Colliers Gujarat Assembly passes amendment to curb illegal property transfers in specified areas Puravankara plans ₹55,000 crore project pipeline across South India and Mumbai ASK Property Fund exits Mahagun Group’s Noida Project with 21% return 65% of Indian firms plan flexible workspaces by 2027: CBRE-FICCI Report Housing sales to remain soft unless developers shift focus from luxury to mid-income segment: Nuvama Godrej Properties, Lodha acquire over 25 land parcels in FY26 to build homes, eye ₹1 lakh cr revenue NCLT allows withdrawal of insolvency proceedings against ATS Knightsbridge under section 12A India among key APAC markets as global real estate investment volumes rise 8.2% in 2025: Colliers IndiQube Spaces leases 1,140 desks in Pune to GCC client, expects ₹54 crore in revenue InVITs’ asset to grow ₹1 lakh crore in FY26: CareEdge Mahindra Lifespaces expands in Mumbai with ₹3,000 Cr residential project HCC wins Rs 1,662 crore BMC contract for Goregaon-Mulund Link Road Phase IV Godrej Properties acquires 20-acre Bengaluru plot, eyes ₹1,350 crore revenue Avante spaces to develop 1.7 million sq ft commercial business park in Pune NCLAT restores insolvency appeal against Dilip Buildcon Amrutanjan held Mylapore Kapaleeswarar Temple land till 2018; ₹9.74 crore dues: HR&CE tells HC DRA Homes acquires 3.91 acres in Karanai for ₹49.70 crore; plans ₹500 crore residential development Naredco partners with realty portal Magicbricks for research, market intelligence in property sector Career mobility drives tenant churn in India’s top rental markets Smaller towns to play big role in Indian housing market's next growth cycle: Square Yards Gaurs Group pre-sales up 12% to ₹5,347 cr in Apr-Dec on strong housing demand KG Builders launches two plotted communities in Western Chennai; ₹400-crore GDV India’s listed REIT market surges six-fold to ₹1,726 billion since FY20 Godrej Properties buys 44-acre land in Coimbatore, expects ₹450 cr revenue from sale of plots Brigade Group enters into industrial real estate with 25-acre development in Devanahalli NCLAT junks Reliance Realty's plea for insolvency against Altruist Customer Management Alligator Automations opens new office in PCMC industrial belt
Maharashtra amends sand policy, deploys flying squads to curb illegal mining
By PTI · 2026-04-29 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine
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The revised policy introduces flying squads at local levels, expands enforcement powers in the Konkan region, and strengthens the role of the Maharashtra Maritime Board in coastal regulation

Updated - April 28, 2026 at 11:05 PM.

| Thane

Maharashtra Revenue Minister Chandrashekhar Bawankule announced amendments to Maharashtra’s Sand Policy 2025 to curb illegal mining and improve transparency. (a file photo)

Maharashtra Revenue Minister Chandrashekhar Bawankule announced amendments to Maharashtra’s Sand Policy 2025 to curb illegal mining and improve transparency. (a file photo) | Photo Credit: PTI

Maharashtra Revenue Minister Chandrashekhar Bawankule on Tuesday announced amendments to the state's Sand Policy 2025, introducing specialized flying squads and stringent regulations for the Konkan coastal belt to curb illegal mining.

According to an official release by Bawankule's office, the revised policy aims to bring "transparency in the sand mining and sale process and establish effective control over illegal activities." Under the new amendments, special flying squads will be appointed at the taluka and sub-division levels. These teams will comprise officers from the revenue department and other allied agencies.

In a special provision for Konkan region, sub-divisional officers and tehsildars have been granted the authority to take action in adjacent talukas or districts outside their immediate jurisdiction to prevent illegal transportation.

Further, the powers of the Maharashtra Maritime Board (MMB) have been enhanced to control sand mining in coastal areas and bays.

The board will now be responsible for registering all boats transporting sand. Board officers are now empowered to seize unregistered or illegal vessels and hand them over to the Tehsildar.

The policy also introduces new financial eligibility criteria for participants in e-auctions. Annual turnover requirements for bidders have been scaled based on sand reserves, ranging from Rs 10 lakh for stocks up to 1,000 brass, to Rs 3.5 crore for reserves exceeding 25,000 brass.

Published on April 28, 2026

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