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Other Developments
A curated list of other prominent stories from this day.
11:48 PMEconomic Times Realty
Bengaluru development body imposes curbs on revised building plans after OCs
Summary
The Bangalore Development Authority will now tightly restrict approvals of revised building plans after an Occupancy Certificate is issued. A new circular requires owner consent for any post-OC modifications when third-party rights exist, following a residents' legal challenge over a revised sanction plan approved without their consent.
Why it matters
It reduces post-possession plan changes that can erode buyer value, and it raises execution and legal risk for projects relying on later revisions.
Gulshan Group to invest ₹1,000 crore in Wave City housing project
Summary
Gulshan Group has launched Gulshan Empire, a premium residential project in Wave City with an estimated investment of ₹1,000 crore. The 5.5-acre development targets sales realisation of more than ₹1,200 crore.
Why it matters
Large-ticket launches in emerging NCR nodes can reset local price benchmarks and shape where the next wave of housing capital flows.