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RSS Real Estate News

  • Chandigarh industrial converted plot owners seek FAR parity April 16, 2026
    Converted commercial plot owners in Chandigarh are urging the administration for increased floor area ratio and revised height restrictions. They highlight substantial financial contributions made during conversion. The association seeks a clear policy to differentiate commercial and industrial plots. These changes aim to improve project viability and protect investments.
  • Signature Global to invest ₹2,891 crore in Gurugram project; partners with Tonino Lamborghini April 16, 2026
    Signature Global has entered into a brand licensing agreement with Italian lifestyle brand Tonino Lamborghini to develop a premium residential project in Gurugram with an estimated GDV of ₹4,000 crore. The project will span over 12.4 acres and comprise 812 units, marking the brand’s entry into India’s housing market.
  • Pimpri Chinchwad residents demand action against builders over broken water supply promises April 16, 2026
    Housing societies in Pimpri Chinchwad are demanding action against developers who failed to provide water, despite written promises. Residents have spent lakhs on private tankers since 2019. The civic body is compiling a list of defaulting builders, who face legal action and denial of future permissions. Regular supply awaits the Bhama Askhed pipeline completion.
  • Lucknow civic body approves major development projects; new township in Amausi included April 16, 2026
    Lucknow Municipal Corporation approved significant development proposals, including a township on 21.6 acres in Amausi and handing over land for planned development in Jiyamau. A Rs 1.10 crore ward development fund for each of the 110 wards was also sanctioned for local infrastructure improvements.
  • Karnataka RERA disposes of complaints against Nadaprabhu Kempegowda Layout over missing paperwork April 16, 2026
    Multiple allottees of Bengaluru's Nadaprabhu Kempegowda Layout project approached the Karnataka Rera against BDA for delayed unit handover. The authority dismissed their complaints, citing a lack of essential documents like sale agreements and payment receipts. Without these, Rera cannot adjudicate claims or calculate delays and interest.
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