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Stuck or delayed homes completed in the last 5 months
Real Estate

Stuck or delayed homes completed in the last 5 months

By December 2021, approximately 517,000 units, launched in 2014 or before, had been stuck in various stages of incompletion in the top seven cities. By May 2022-end, this has reduced to approximately ...

By December 2021, approximately 517,000 units, launched in 2014 or before, had been stuck in various stages of incompletion in the top seven cities. By May 2022-end, this has reduced to approximately 480,000 units. The total value of the current stuck or delayed housing stock exceeds Rs.448 tn. NCR saw maximum completions with approximately 16,750 units reaching the finish line; close to 240,610 units worth Rs.1,814.1 bn are still stuck or delayed. MMR came a distant second with approximately 5,300 units completed, followed by Bengaluru with 3,960 units. MMR and NCR currently account for 77 per cent of stuck or delayed units; south cities (Bengaluru, Chennai and Hyderabad) have just nine per cent overall share. Chennai has the least stuck or delayed units among the top seven cities with approximately.

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Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

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Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

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Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

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