Jawaharlal Nehru's former residence on Motilal Nehru Marg is poised for a record-breaking sale. A businessman prominent in the beverage industry is reportedly acquiring the 14,973 square-meter property for approximately ₹1,100 crore. The property, owned by Raj Kumari Kackar and Bina Rani of a Rajasthani royal family, is undergoing due diligence, signaling the deal's final stages. Source link...

Apple India is growing in Hyderabad. It has leased more office space in WaveRock. The new lease starts in July 2025. Apple will pay monthly rent for the space. This expansion shows Apple's focus on India. Hyderabad is important for Apple's technology work. WaveRock is a popular place for big companies. Apple's move strengthens its presence in India. Source link...

Haryana authorities have filed an FIR against Ocean Seven Buildtech and its director, Swaraj Singh, for financial fraud and license violations in affordable housing projects. The company allegedly collected payments without completing construction, leading to stalled projects and financial distress for buyers. Source link...

Famous Studios, a landmark in South Mumbai since 1946, is likely to change ownership. K Raheja Corp is in advanced discussions to acquire the 1.5-acre property. The deal is structured as a joint development agreement. It has a development potential of around 4 lakh sq ft. Piramal Realty's previous attempt to redevelop the studio failed. Source link...

The Supreme Court is seeking assistance from Rajiv Jain to investigate Supertech Realtors' insolvency, following allegations of fund siphoning by director Ram Kishore Arora across 21 projects. The court refused to halt insolvency proceedings, noting widespread investigations into Supertech's projects. Arora is contesting the insolvency, citing a settlement offer, while the Bank of Maharashtra denies any...

CapitaLand is divesting a 750,000 sq ft industrial unit in Chennai leased to Pegatron, a key Apple supplier, with potential bids reaching ₹600 crore. Brookfield, Hines, and Hillhouse Capital are among the interested parties. The facility is significant for iPhone manufacturing in India, producing around 750,000 units, including refurbished models. Source link...

The interlocutory application, filed through a Welspun subsidiary, also highlighted links between Valor's promoters and another defaulting debt-laden jeweller, links the plea claimed automatically disqualify the bidder to participate in any resolution process. Source link...

GNIDA has conditionally approved Gaursons Group's proposal to mortgage part of Gaur City Mall to secure farmer compensation dues. This move aims to enable the execution of approximately 2,100 pending sub-lease deeds across three housing projects, offering relief to residents awaiting legal ownership. An independent valuation will assess the mall's security value before registries can proceed. Source...

The Enforcement Directorate (ED) has arrested Sandu Purnachandra Rao, a former director at Sahiti Infratec Ventures, for allegedly defrauding homebuyers of ₹360 crore. Rao is accused of collecting over ₹800 crore through illegally launched projects and misappropriating ₹126 crore. He was remanded to 15-day judicial custody, joining B. Lakshminarayan, who was previously arrested in connection with...

The Enforcement Directorate (ED) searched real estate company BPTP's Delhi-NCR locations concerning a Rs 500 crore foreign exchange violation. The ED is also probing multiple FIRs against the company and its directors, with BPTP extending full cooperation and asserting compliance with all laws. Source link...