News for 'property development'

Why Kolkata Municipal Corporation Is Investigating Banerjee's Properties

Why Kolkata Municipal Corporation Is Investigating Banerjee's Properties

Rediff.com19 May 2026

The Kolkata Municipal Corporation (KMC) has issued notices to properties linked to TMC's Abhishek Banerjee, seeking building plans for scrutiny amid allegations of unauthorised construction.

Why Are Properties Linked To Abhishek Banerjee Under KMC Scrutiny?

Why Are Properties Linked To Abhishek Banerjee Under KMC Scrutiny?

Rediff.com19 May 2026

The Kolkata Municipal Corporation (KMC) has issued notices to properties linked to TMC's Abhishek Banerjee, seeking building plans for scrutiny amid allegations of unauthorised construction.

Why Hakim Is Distancing Himself From Banerjee Property Notices

Why Hakim Is Distancing Himself From Banerjee Property Notices

Rediff.com20 May 2026

Mayor Firhad Hakim has distanced himself from notices issued by the Kolkata Municipal Corporation (KMC) to properties allegedly linked to TMC leader Abhishek Banerjee, asserting that such matters are handled by the civic body's executive wing.

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rana Kapoor Faces FIR Over Alleged Illegal Property Transfer

Rediff.com15 May 2026

Mumbai Police have registered an FIR against former Yes Bank MD and CEO Rana Kapoor and others for alleged illegal transfer of mortgaged property worth Rs 1,000 crore.

J-K Authorities Demolish Property Of Alleged Drug Peddler In Udhampur

J-K Authorities Demolish Property Of Alleged Drug Peddler In Udhampur

Rediff.com22 May 2026

Authorities in Jammu and Kashmir's Udhampur district demolished an alleged illegal commercial property belonging to an alleged drug peddler as part of an ongoing crackdown against narcotics trafficking.

India's Top Listed Developers Prioritise Pan-India Expansion for Growth

India's Top Listed Developers Prioritise Pan-India Expansion for Growth

Rediff.com30 May 2026

India's leading listed real estate developers are increasingly focusing on pan-India expansion, diversifying beyond their traditional home markets into high-demand residential areas like MMR, NCR, Bengaluru, Hyderabad, Pune, and Chennai to tap broader housing demand and reduce reliance on single-city market cycles.

Punjab Police Arrest Five In Property Dispute Attack Case

Punjab Police Arrest Five In Property Dispute Attack Case

Rediff.com12 May 2026

Punjab Police have arrested five individuals in connection with an attack on a property dealer in Ferozepur, revealing a conspiracy rooted in a business partnership dispute over land ownership and payment.

Godrej Properties' rerating hinges on sales growth

Godrej Properties' rerating hinges on sales growth

Rediff.com22 Apr 2026

Godrej Properties closed FY26 with record bookings and presales, exceeding its annual guidance, but brokerages express concerns over weak cash-flow generation and the ability to sustain growth amidst a muted real estate market.

Why Was Minister Bhujbal's Official Residence Address Misused?

Why Was Minister Bhujbal's Official Residence Address Misused?

Rediff.com9 Jun 2026

A non-cognisable case has been registered against a lawyer for allegedly using Maharashtra minister Chhagan Bhujbal's official residence address in a public notice for a private property development project, leading to a complaint from the minister's office regarding security and administrative breach.

SKASports To Develop Regional Sports Ecosystem With Singapore Club

SKASports To Develop Regional Sports Ecosystem With Singapore Club

Rediff.com16 May 2026

Chennai-based SKASports Investments Private Ltd has signed an agreement with a Singapore club to develop a regional sports ecosystem that would tap the large pool of footballers and coaches from India.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

Punjab To Enact Anti-Drug Law To Confiscate Properties

Punjab To Enact Anti-Drug Law To Confiscate Properties

Rediff.com7 May 2026

Punjab Chief Minister Bhagwant Mann announced the state government will introduce an anti-drug law allowing for the confiscation of drug smugglers' properties. Mann criticised previous administrations for enabling drug trafficking and highlighted the enactment of an anti-sacrilege law, promising stricter measures against sacrilege and drug-related offences.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com12 May 2026

Deferred payment plans may come with a cost, which may not be immediately visible.

Generative AI Set To Add Billions To Indian Real Estate Sector

Generative AI Set To Add Billions To Indian Real Estate Sector

Rediff.com18 Jun 2026

A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.

Lucknow fire: Building got demolition order in 2016, revoked within 2 months

Lucknow fire: Building got demolition order in 2016, revoked within 2 months

Rediff.com7 days ago

A tragic fire in Lucknow that claimed 15 lives occurred in a commercial building that had a demolition order issued in 2016 due to unauthorised construction. The order was controversially revoked less than two months later, raising serious questions about the circumstances surrounding the decision. The building, originally allotted for residential use, was later found to have unauthorised commercial construction.

NIA Seizes Properties Of Accused In CRPF Lethpora Attack

NIA Seizes Properties Of Accused In CRPF Lethpora Attack

Rediff.com22 Apr 2026

The National Investigation Agency (NIA) has seized two houses in Pulwama district, Jammu and Kashmir, belonging to an accused in the 2017 CRPF Lethpora attack.

Tax Guide: MFs, Property, Pension And Redevelopment

Tax Guide: MFs, Property, Pension And Redevelopment

Rediff.com29 Apr 2026

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Lokayukta Raids Unearth Rs 9.5 Crore Assets From Indore Officer

Lokayukta Raids Unearth Rs 9.5 Crore Assets From Indore Officer

Rediff.com10 Jun 2026

Lokayukta police in Indore raided the premises of Women and Child Development Department Joint Director Laxminarayan Kandwal, uncovering assets worth approximately Rs 9.5 crore, nearly four times his total salary over 30 years of service. The raids followed a complaint of disproportionate assets, leading to a case registered under the Prevention of Corruption Act.

Realty developers roll out flexible payment plans amid slow sales

Realty developers roll out flexible payment plans amid slow sales

Rediff.com4 May 2026

Real estate developers are increasingly offering flexible payment plans, such as low booking amounts and deferred payments, to stimulate housing sales and manage affordability concerns without resorting to price cuts, as sales volumes declined by 14 per cent in 2025.

Moradabad Couple Killed In Front Of Children Over Property Row

Moradabad Couple Killed In Front Of Children Over Property Row

Rediff.com22 Apr 2026

A couple was allegedly stabbed to death in Moradabad, Uttar Pradesh, in front of their three minor children due to a dispute over a house deal. Police have arrested two of the six accused, with one apprehended after a police encounter.

IIT Madras And Herbalife Partner For Plant Cell Fermentation CoE

IIT Madras And Herbalife Partner For Plant Cell Fermentation CoE

Rediff.com5 days ago

IIT Madras, in partnership with Herbalife International India, has inaugurated India's first Centre of Excellence for plant cell fermentation technology. This new facility aims to be a national hub for sustainable innovation, research, and development, focusing on producing herbal biomass, enriched extracts, and high-value phytochemicals, while bridging the gap between lab research and industrial applications.

Delhi Gymkhana Club moves HC against Centre's order to vacate prime Lutyens' property

Delhi Gymkhana Club moves HC against Centre's order to vacate prime Lutyens' property

Rediff.com25 May 2026

The Delhi Gymkhana Club has approached the Delhi High Court to challenge the Centre's directive to vacate its premises by June 5, citing the land's critical requirement for "strengthening and securing defence infrastructure."

UP's Ayush Malik, who converted to Islam, returns to Hinduism

UP's Ayush Malik, who converted to Islam, returns to Hinduism

Rediff.com2 hours ago

Ayush Malik, a resident of Shamli, Uttar Pradesh, who had converted to Islam earlier this year, has now returned to Hinduism. He stated that his decision was influenced by the distress his initial conversion caused his parents. This reconversion follows a police investigation into his initial conversion under the Uttar Pradesh Prohibition of Unlawful Conversion of Religion Act, where four people have been arrested.

FIR In Ram Temple Donation Embezzlement

FIR In Ram Temple Donation Embezzlement

Rediff.com4 days ago

Most of those named were involved with the donation-counting process.

Lucknow fire: Lapses by officials being probed

Lucknow fire: Lapses by officials being probed

Rediff.com6 days ago

The Lucknow Development Authority has served a notice to the owner of the Aliganj building where a recent fire claimed 15 lives, citing alleged building bylaw violations and unauthorised commercial use. The LDA is also investigating its own officials for previously withdrawing a demolition order against the same property in 2016, while police have arrested four individuals in connection with the tragedy.

Mohan Yadav's Family Land Deals Raise Conflict Of Interest Questions

Mohan Yadav's Family Land Deals Raise Conflict Of Interest Questions

Rediff.com7 days ago

Madhya Pradesh Chief Minister Mohan Yadav's family is under scrutiny after an Indian Express newspaper report revealed their extensive land purchases in Ujjain, particularly in areas benefiting from state infrastructure projects, raising questions of propriety and conflict of interest.

FinMin Clears Rs 1.25 Lakh Crore for India Semiconductor Mission 2.0

FinMin Clears Rs 1.25 Lakh Crore for India Semiconductor Mission 2.0

Rediff.com40 minutes ago

The Finance Ministry's expenditure department has approved a substantial Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, significantly increasing the country's investment in global chip-making ambitions and aiming to establish India as a major semiconductor hub.

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Noida International Airport: Property Prices Soar Along Yamuna Expressway

Rediff.com30 Mar 2026

The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.

'King Kasab': Maha minister's remark fuels fresh KEM Hospital renaming row

'King Kasab': Maha minister's remark fuels fresh KEM Hospital renaming row

Rediff.com6 days ago

Maharashtra minister Mangal Prabhat Lodha has ignited a controversy by proposing to rename Mumbai's KEM Hospital, referring to King Edward VII as "King Kasab" who "looted India". The proposal faces opposition from other political parties, with the state government stating no final decision has been made.

Why Hardik Pandya Is Making Bengaluru His New Training Hub

Why Hardik Pandya Is Making Bengaluru His New Training Hub

Rediff.com1 hour ago

Star Indian all-rounder Hardik Pandya has made the unprecedented move of permanently shifting his training base to the BCCI's Centre of Excellence (COE) in Bengaluru. This decision aims to leverage the COE's facilities for injury rehabilitation and skills training throughout his career, marking a significant shift from traditional player practices.

Obscure NCPI flexes numbers after TMC merger

Obscure NCPI flexes numbers after TMC merger

Rediff.com15 Jun 2026

The Nationalist Citizens Party of India (NCPI), previously obscure, has gained national attention after 20 rebel TMC MPs merged with it. The Tripura-based party now claims to be the largest parliamentary bloc from West Bengal, holding 20 Lok Sabha seats. Its registered address in Howrah is linked to a couple running an NGO, and a founder member has expressed support for PM Modi and a desire to join the NDA.

How Haryana's Auto-Mutation System Is Revolutionising Land Records

How Haryana's Auto-Mutation System Is Revolutionising Land Records

Rediff.com9 Jun 2026

Haryana has significantly reformed its land records administration, reducing pending mutation cases by over 90% and implementing an auto-mutation system. This digitisation effort aims to make land management faster, more transparent, and technology-driven, improving efficiency and public trust.

Why mixed-use developments are the future of Indian real estate

Why mixed-use developments are the future of Indian real estate

Rediff.com20 Apr 2026

Mixed-use real estate projects, integrating residential, commercial, retail, and hospitality segments, are gaining significant traction in India as developers seek to maximise returns, optimise land use, and diversify cash flows, with experts predicting 35-40% of urban real estate supply will be mixed-use by 2030.

Property developers slow down launches

Property developers slow down launches

Rediff.com24 Jan 2012

This has aided them in increasing home unit prices.

Namo Cities: Delhi's decongestion dream faces the test of execution

Namo Cities: Delhi's decongestion dream faces the test of execution

Rediff.com19 Jun 2026

The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.

TNPDCL Hard Disk Theft: CB-CID Steps In, Two Arrested

TNPDCL Hard Disk Theft: CB-CID Steps In, Two Arrested

Rediff.com9 Jun 2026

The investigation into the theft of 34 hard disks from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) headquarters has been transferred to the CB-CID. Two individuals, including a contract worker and a shop owner, have been arrested, and the stolen hard disks have been recovered.

Delhi Court Secures Swift Conviction In Water Motor Theft Case

Delhi Court Secures Swift Conviction In Water Motor Theft Case

Rediff.com10 Jun 2026

A Dwarka court in Delhi has convicted two men, Prince and Gautam, for stealing water motors from a southwest Delhi home. The conviction was secured within 29 days of the offence, following a rapid police investigation that included an e-FIR, technical analysis, CCTV footage, and recovery of stolen property.

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

OYO parent Prism files updated IPO papers for Rs 6,650-cr fresh issue; no OFS

Rediff.com3 hours ago

Prism, the parent company of OYO, has filed updated draft papers with Sebi for a Rs 6,650 crore initial public offering (IPO) consisting entirely of a fresh issue of shares, with no offer-for-sale component from existing investors.

Property developers dole out festive freebies

Property developers dole out festive freebies

Rediff.com29 Sep 2011

Faced with a sharp decline in home sales and declining cash flows, property developers are doling out minor discounts and freebies to boost home sales during the ongoing festive season.

Muslim board to launch movement against community's 'marginalisation'

Muslim board to launch movement against community's 'marginalisation'

Rediff.com7 days ago

The All India Muslim Personal Law Board (AIMPLB) announced a nationwide movement against the 'deteriorating condition' and social and political marginalisation of Muslims in India, citing concerns over mob violence, demolition drives, and attempts to impose Vande Mataram.