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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; to launch 28 projects
Maharashtra amends sand policy, deploys flying squads to ...
By PTI · 2026-04-29 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine
SENSEX   75,529.48

+ 1,696.93

NIFTY   23,621.80

+ 460.20

CRUDEOIL   7,990.00

 -354.00

GOLD   150,805.00

+ 1,873.00

SILVER   243,996.00

+ 4,343.00

SENSEX   75,529.48

+ 1,696.93

NIFTY   23,621.80

+ 460.20

NIFTY   23,621.80

+ 460.20

CRUDEOIL   7,990.00

 -354.00

CRUDEOIL   7,990.00

 -354.00

GOLD   150,805.00

+ 1,873.00

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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