Why Over 100 Major Housing Projects in Pimpri-Chinchwad Are Stuck After Supreme Court Order

Over 100 housing projects in Pimpri-Chinchwad worth ₹30,000 crore are stalled due to the Supreme Court’s stay on environmental clearance reforms. Developers face delays and financial losses, while homebuyers await uncertain possession dates. CREDAI urges the government to resolve the crisis and restore investor confidence.

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ED Arrests WTC Group Promoter Ashish Bhalla in ₹3,000 Crore Real Estate Fraud Case

The Enforcement Directorate (ED) arrested WTC Group promoter Ashish Bhalla in a ₹3,000 Cr real estate fraud case under PMLA. The probe revealed financial misappropriation, fund diversion, and overseas money laundering, leading to license cancellations and asset seizures across multiple cities. The investigation is ongoing.

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Hiranandani Group Enters Pune Market with ₹7,000 Crore Integrated Township Project in JV with Krisala Developers

Hiranandani Group, in partnership with Krisala Developers, is launching a ₹7,000 Cr integrated township in Hinjewadi, Pune. Spanning 105 acres, the project will include residential, commercial, and retail spaces under Pune’s Integrated Township Policy, shaping the city’s future urban development.

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Kolkata Set for Landmark ₹3,500 Crore Real Estate Deal as US Firm Blackstone Eyes South City Mall

Blackstone is in final talks to acquire Kolkata’s South City Mall in a ₹3,500 Cr deal, marking the city’s largest real estate transaction. The acquisition will bring global investment to Kolkata’s retail sector, enhancing commercial property values and boosting the city’s economic growth.

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BeTogether to Upgrade Key Six Bus Terminals in Uttar Pradesh with Modern Facilities

• BeTogether to modernize Bus Terminals at Ghaziabad, Lucknow (Gomti Nagar), Prayagraj, Kaushambi, Ayodhya, and Lucknow (Amausi) with an Investment of around INR 2700 crore. • Maps for the Bus Terminals at Ghaziabad, Lucknow Gomti Nagar, and Prayagraj have been approved by the respective local authorities.

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Quality Living: The Changing Face of Indian Luxury Homes

Luxury housing in India is evolving with smart technology, sustainability, and wellness-centric designs. Homebuyers seek eco-friendly residences, AI-driven automation, and premium amenities. Emerging markets like Delhi-NCR and Siddharth Vihar are attracting luxury investments, offering smart homes with cutting-edge innovations and upscale living experiences.

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