The Supreme Court mandated a CBI investigation into Mumbai's builder-bank nexus, uncovering subvention schemes that diverted funds and delayed housing projects. Over 1,200 homes across six cities are implicated, with Supertech at the epicenter.
Gurugram's Smartworld Developers steps into Noida's booming real estate scene by snagging a 6-acre plot in Sector 98 for Rs 414 crore via auction. The firm plans a Rs 2,000 crore mixed-use haven with luxury homes, high-street shops, and serviced apartments, eyeing over Rs 3,000 crore in revenue. This bold move taps Noida's rising demand for premium living along the Expressway.