The Supreme Court's Central Empowered Committee (CEC) has directed the Maharashtra government to stop all construction activities in the ‘deemed forest’ areas, particularly for the proposed Balbharati–Paud Phata Road in Pune, citing ongoing judicial review and environmental concerns.
PuneSupreme CourtDeemed ForestEnvironmental ConservationTraffic CongestionReal Estate MaharashtraMay 17, 2025
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NAREDCO Maharashtra president Prashant Sharma welcomes the initiative, stating it will benefit the real estate sector, particularly in affordable housing.
Setting a new standard for non-campus student living in Juhu, Mumbai, this collaboration marks a significant milestone for the Juhu micro market.
Mumbai-based Macrotech Developers Ltd, known for the Lodha brand, reported sales bookings of Rs 4,290 crore during the second quarter, contributing to the overall strong performance of India's real estate sector.
Pune-based Kolte-Patil Developers Ltd, a prominent real estate developer in India, has reported a significant improvement in its Q3 FY23 financials, with a net profit of Rs 25.30 crore and a revenue surge to Rs 369.28 crore.
The Trump Organization, renowned for its real estate ventures, is set to build its first commercial tower in Pune, India, responding to the growing demand for office space in the region.
The real estate market in major Indian cities, including Mumbai, Delhi-NCR, Pune, Chennai, and Kolkata, is expected to see a significant drop in home sales by 28% in early 2025. This decline is attributed to various economic factors and market conditions.