
Five Bengaluru Metro Stations Attain IGBC Platinum Certification

UP RERA Warns Builders Against Handing Over Incomplete Flats
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has directed developers to stop handing over incomplete flats, also called bare shell or canvas units, warning that such violations may attract penalties of up to five per cent of a project鈥檚 total cost.The order, issued on 8 May 2025 under Section 37 of the Real Estate (Regulation and Development) Act, 2016, states that possession can only be offered after full completion of the apartment, with all amenities in place, and a registered sale or lease deed executed.UP RERA observed that some developers were inserting conditions in sa..

Mahindra Lifespaces Targets Rs 10,000 Bn Sales by FY30
Mahindra Lifespace Developers aims to more than treble its sales to Rs 100 Bn by financial year twenty thirty, up from Rs 33 Bn in financial year twenty twenty-five. Backed by a strong land bank, robust pipeline, and rights issue of Rs 15 Bn, the company is focusing on growth in premium housing and industrial leasing.The company鈥檚 gross development value (GDV) has grown from Rs 44 Bn in financial year twenty twenty-four to Rs 181 Bn in financial year twenty twenty-five, with the current pipeline at Rs 390 Bn. New launches are planned in Whitefield, Malad, Bhandup, Mahalaxmi and Pune.Mahindra..

Bhubaneswar New Station Starts Three Express Trains to Ease Congestion
East Coast Railway has begun full-scale operations of three major express trains from the Bhubaneswar New Railway Station (BBSN) from 12 May 2025. The move aims to improve connectivity and reduce congestion at the Bhubaneswar Main Station.The trains now operating from BBSN include the Mumbai鈥揃hubaneswar Konark Express, the Secunderabad鈥揃hubaneswar Visakha Express, and the Bhubaneswar鈥揤isakhapatnam Intercity Express. All three were previously routed through the Bhubaneswar Main Station.BBSN, located in northern Bhubaneswar, is expected to benefit residents of northern city zones, Cuttack,..