21 stories from 3 sources
The week in Indian Real Estate Market
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Developers expanded their NCR pipelines through Puravankara’s Greater Noida acquisition, Max Estates’ progression from a proposed Ghaziabad development to a ₹3,000 crore joint venture, and Signature Global’s Gurugram land purchase and land tie-up.
The Supreme Court ruled that Karnataka’s premium floor area ratio scheme cannot regularise unauthorised construction, clarifying that additional development rights do not replace basic planning approvals.
India overtook Hong Kong to become Asia’s fourth-largest REIT market, while Embassy REIT raised ₹1,000 crore through debentures to refinance debt, linking market growth with continued institutional funding access.
Day’s Recap