The New Delhi Municipal Council has greenlit a 50% increase in Floor Area Ratio for redevelopment projects in PATA zones, aiming to speed up slum revitalization in central Delhi while preserving heritage charm. Effective from November 2025, this policy covers vast areas in Lutyens' Delhi.
Pune's housing market saw a 17% sales drop in Q3 2025, driven by rising interest rates and economic uncertainties. Despite this, Pune and Mumbai remain key players, accounting for 48% of national sales, as per Aurum PropTech and Economic Times reports. Homebuyers are turning cautious.
Bangalore's real estate market hits new highs as a Rs 166 crore bungalow sale leads a wave of eight premium transactions totaling Rs 415 crore from January to October 2025, spotlighting demand for elite addresses in heritage areas.
Virat Kohli has invested Rs 34 crore in a luxurious 7,171 sq ft apartment in Worli, Mumbai, with possession expected by mid-2018.
Dhanlaxmi Bank denies plans to close branches, focusing on cost control and growth strategies amid pressure from declining margins and net losses.