Monday June 13th 2026 PROPERTY PULSE THE REAL ESTATE SNAPSHOT FOR NORTH-1 REGION Volume 2.0 Table of Content ▪ New Project Launches 02 ▪ Major Land Deals 04 ▪ Real Estate News and Government Regulations 16 ▪ Urban Planning and Infra headlines 27 Page 1
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 2 GHAZIABAD ▪ AU Cosmos Corner, Siddharth Vihar, Ghaziabad ▪ Karyan Trevana Residences, NH 24, Ghaziabad ▪ Gulshan Empire, Wave City, Ghaziabad GREATER NOIDA ▪ Eldeco Echoes of Eden, Sector 22 D ▪ Sobha Rivana , Sector 1 Greater Noida ▪ Gaur Chrysalis 2.0, Sector 22 D DELHI NCR UTTRAKHAND DEHRADUN ▪ Corbett County, Jim Corbett Ramnagar ▪ Evara Parkland, Roorkee GURGAON ▪ Tonino Lamborghini Residences Sector 71, Gurgaon ▪ Oberoi 360 North Sector 58, Gurgaon ▪ Sobha Crescent Sector 63A, Gurgaon NOIDA ▪ Smartworld ES (Elie Saab) Sector 98 ▪ M3M Jacob & Co Residences Sector 97 ▪ Clove County Sector 151 ▪ Gulshan Skyscape (Taj Branded) Sector 129
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 3 RAJASTHAN UTTARPRADESH MEERUT ▪ Meerut TOD Township, Meerut ▪ ▪ Anand Kashi Township, Kanpur ▪ Sports City Township, Ganjari, Rajatalab KANPUR MORADABAD ▪ Govindpuram Housing Scheme, New Moradabad ▪ Sahyadri Housing Scheme, Delhi–Kanth Road ▪ Central Tower, Civil Lines, Gorakhpur ▪ Agrasen Elite, Rajendra Nagar Gorakhpur LUCKNOW
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 4 Eldeco Echoes of Eden, Sector 22D Yamuna Expressway, Greater Noida Ongoing Status of the site• Eldeco Echoes of Eden Sector 22D Yamuna Expressway, Greater Noida housing society has 3 towers with 32 floors. Eldeco Echoes of Eden Greater Noida has some great • The project is spread over an area of 5 acres.There are around 558 units on offer. • Some popular transit points closest to Eldeco Echoes of Eden Sector 22D Yamuna Expressway, Greater Noida are Knowledge Park 2 Metro Station. • Eldeco Echoes of Eden Greater Noida has some great amenities to offer such as Swimming Pool, Gymnasium and Club House. • The RERA registration number of this project is UPRERAPRJ125342/02/2026. • Price Range- ₹8,999/sq ft MARKET WATCH Eldeco Echoes of Eden indicates a strong interest and positive sentiment among buyers. The project is generating moderate positive sentiment, with discussions centered on Eldeco Group's track record and promised delivery timelines.
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 5 Ongoing Status of the site Sobha Rivana Sector 1, Greater Noida • Sobha Rivana is among the newest addresses for homebuyers. There are apartments for sale in Sobha Rivana Sector 1 Greater Noida West. • The project is spread over an area of 11.76 acres. • There are around 1364 units on offer. • Sobha Rivana Sector 1 Greater Noida West housing society has 8 towers with 44 floors. • The RERA registration number of this project is UPRERAPRJ313638/03/2026. • Price Range- Rs. 14000/sqft to Rs. 15000/SQFT MARKET WATCH Sobha Rivana is receiving positive market feedback due to SOBHA’s strong brand reputation, premium positioning, luxury amenities, and strategic Sector 1 location in Greater Noida West. Buyers appreciate the quality and long-term appreciation potential .
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 6 Gaur Chrysalis 2.0 Sector 22D Yamuna Expressway, Greater Noida Ongoing Status of the site• Gaursons Chrysalis is a residential development, built by Gaursons India. Situated in Sector 22D yamuna , Greater Noida, the project has an easy access to all necessities. They offer 3 and 4 BHK apartments with all amenities • The project is spread over an area of 11.8 acres (47.8K sq.m.). • The project has 7 towers and around 952 units. • The RERA registration number of this project is UPRERAPRJ622344/11/2025. • Price Range- Rs. 8,000 /sqft to Rs. 9,000 /SQFT MARKET WATCH Gaur Chrysalis 2.0 is generating strong market interest due to its strategic location on the Yamuna Expressway near Noida International Airport, premium amenities, and the trusted Gaurs brand. Buyers view it as a promising long-term investment.
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 7 AU Cosmos Corner Siddharth Vihar, Ghaziabad Ongoing Status of the site• AU Real Estate plans to invest approximately ₹1200 crore to develop a residential project Cosmos Corner on about 5.6 acres land in Siddharth Vihar, Ghaziabad. • The project will comprise around 831 residential units across 40 floors. The development carries a projected revenue potential of ₹1600 crore upon completion. • The RERA registration number of this project is UPRERAPRJ466336/05/2026. • Price Range- Rs. 6,000 /sqft to Rs. 6,500 /sqft MARKET WATCH AU Cosmos Corner, Siddharth Vihar, is receiving positive market feedback for its strategic NH-24/Delhi– Meerut Expressway connectivity, spacious 3 & 5 BHK layouts, modern amenities, and competitive pricing. Buyers appreciate Siddharth Vihar’s growth potential.
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 8 Gulshan Empire Wave City, Ghaziabad Ongoing Status of the site• Gulshan Empire is a newly launched ultra-luxury residential project located in Wave City, NH-24, Ghaziabad. Developed by Gulshan Group, the 5.6- acre gated community features 3 and 4 BHK premium apartments. • The project is spread over an area of 5.56 acres. • There are around 500 units on offer. • Gulshan Empire Wave City, Ghaziabad housing society has 6 towers with 31 floors. • The RERA registration number of this project is UPRERAPRJ166511/05/2026. • Price Range- Rs. 9,500 /sqft MARKET WATCH Gulshan Empire, Wave City Ghaziabad, is receiving positive market feedback for Gulshan Group’s strong brand reputation, low-density planning, spacious 3 & 4 BHK residences, and prime NH-24 connectivity. Buyers appreciate the premium positioning and long-term appreciation potential.
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 9 Smartworld Residences by ELIE SAAB Sector 98, Noida Ongoing Status of the site• Smartworld Elie Saab Residences in Sector 98, Noida, offers ultra-luxury 3, 4, and 5 BHK homes with branded design, exclusive amenities, and prime connectivity along the Greater Noida Expressway. • The project is spread over an area of 5.93 acres (24.0K sq.m.). • There are around 683 units on offer. • The project has 4 towers with 32 floors. • The RERA registration number of this project is UPRERAPRJ300532/12/2025. • Price Range- Rs. 30,000 /sqft MARKET WATCH Market perception is largely positive, with the strongest selling points being the ELIE SAAB brand, Sector 98 location, low-density planning, and luxury positioning. For buyers targeting the luxury segment of Noida, it is currently viewed as one of the most talked-about launches on the Noida Expressway.
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 10 Clove County Sector 151, Noida Ongoing Status of the site• Clove County is a premium residential project in Sector 151, Noida, offering luxury 4 and 5 BHK apartments with modern amenities and strong investment potential. • The project is spread over an area of 5 acres (20.2K sq.m.) • There are around 226 units on offer. • The project has 3 towers with 30 floors. • The RERA registration number of this project is UPRERAPRJ696539/11/2025. • Price Range- Starting From ₹7.6 Cr MARKET WATCH Market perception is largely positive, with the strongest selling points being the ELIE SAAB brand, Sector 98 location, low-density planning, and luxury positioning. For buyers targeting the luxury segment of Noida, it is currently viewed as one of the most talked-about launches on the Noida Expressway.
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 11 Tonino Lamborghini Residences Sector 71, Gurgaon Ongoing Status of the site• Signature Tonino Lamborghini Residences Sector 71, Gurgaon is a new launch project right now, and is expected to be delivered by Jan, 2033 . • The project is spread over an area of 12.4 acres. • There are around 812 units on offer. • Signature Tonino Lamborghini Residences Sector 71, Gurgaon housing society has 5 towers with 41 floors. • The RERA registration number of this project is GGM/1056/788/2026/28. • Price Range- Starting From ₹5.13 Cr MARKET WATCH The project is being perceived as a landmark luxury development with strong branding and location advantages. However, buyers are evaluating it carefully against other luxury offerings because of the premium pricing and long completion horizon. For investors with a 5–8 year outlook, sentiment remains particularly positive.
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 12 Oberoi 360 North Sector 58, Gurgaon Ongoing Status of the site• Oberoi Three Sixty North is among the newest addresses for homebuyers. • The project is spread over an area of 14.81 acres (59.9K sq.m.). • There are around 832 units on offer. • Oberoi Three Sixty North Sector 58, Gurgaon housing society has 6 towers with 50 floors. • The RERA registration number of this project is GGM/1069/801/2026/41. • Price Range- Starting From ₹19.6 Cr MARKET WATCH The project has achieved excellent market traction and is widely regarded as one of Gurugram's marquee luxury launches. Demand, brand pull, and location are major strengths. The primary risk factor currently being monitored is the ongoing regulatory/legal matter related to fresh allotments, although construction and previously concluded sales continue as per company disclosures.
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 13 Neoliv Golf One Faridpur, Faridabad Ongoing Status of the site• Neoliv Golf One, developed by Amolik, is set to redefine luxury living with its latest launch announced for 31st May 2026. Positioned as India's No.1 plotted launch, this project is creating waves across the real estate sector. • The project is spread over an area of 46.01 acres. • Plot size ranges from 147 sq-yd to 388 sq-yd • Category: Low-Density Residential Community • The RERA registration number of this project is HRERA-PKL-FBD-889-2026. • Launch Price - Starting From 1.75L/sq-yd MARKET WATCH Amolik Neo Liv is one of the latest residential developments launched by Amolik Group in the emerging Sector 98 growth corridor of Greater Faridabad. The project is positioned as a plotted township targeting end- users and investors looking to benefit from the next phase of development in the Neharpar region. The location is witnessing increasing developer activity due to its proximity to the Delhi-Mumbai Expressway influence zone and future infrastructure upgrades.
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 14 Mansha Oasis Dayalpur, Faridabad Ongoing Status of the site• Mansha Oasis is a newly launched premium plotted township by Mansha Buildcon Pvt. Ltd. located in Sector 123–124, Faridabad. • The project is spread over an area of 21.79 acres. • No. of Plots: 242 (Including EWS and categorized plot groups) • The RERA registration number of this project is HRERA-PKL-FBD-843-2026. • Launch Price - 85k per sq-yd MARKET WATCH With prices starting around ₹1.6 Cr and its prime location with expressway access, Mansha Oasis is expected to attract mid-to-high income buyers and investors looking for long-term value and potential appreciation. The project benefits from proximity to infrastructure developments, including commercial hubs and healthcare/education facilities, which reinforce its investment appeal
Monday June 13, 2026 NEW PROJECT LAUNCHES Volume 2.0 Page 15 Max Antara Noida Sector 150, Noida Ongoing Status of the site• In Sector 150, Max Antara is building retirement homes. These houses have ramp systems for walking, emergency health buttons, and doctors from hospitals like Fortis and Jaypee available 24/7. • The project is spread over an area of 4.08 acres. • There are around 340 units on offer. • Max Antara Noida Sector 150 housing society has 3 towers with 30 floors. • The RERA registration number of this project is UPRERAPRJ745377 • Price Range- Starting from Rs. 2.36 Cr. MARKET WATCH Market feedback positions Max Antara as a growth-oriented, premium senior-living solution with significant long-term potential. While financials reflect short-term pressure, strategic expansion, strong parentage, early sales success, and alignment with India’s ageing demographics underscore market confidence in its operational model and outlook. Investors and stakeholders are cautiously optimistic, keeping a close watch on profitability improvement, efficient scaling of operations, and successful execution of pan-India expansion plans.
Monday June 13, 2026 MAJOR LAND DEALS Volume 2.0 Page 16 DELHI GREATER NOIDA • Buyer – Unnamed • Seller - Zee founder Subhash Chandra • Plot size - 2.8 acres • Location of acquired Plot – Bhagwan Das Road (Lutyens’ Bungalow Zone) • Transaction Value - ₹1,260 crore • Buyer – Arjun Sharma (Select Citywalk co-founder)) • Seller - Unknown • Plot size – 668.90 square metre (800 square yard • Location of acquired Plot – South Delhi , Westend Colony • Transaction Value - ₹125 crore • Developer – Hero Realty • Size of acquired Plot – 18,215 sq meter • Location of acquired Plot – Sector MU, Greater Noida • Final Bidding Price - ₹218 Crore • Developer – Godrej Properties • Size of acquired Plot – 23.2-acre • Location of acquired Plot – DMIC Integrated Township in Greater Noida • Final Bidding Price - ₹7000 Crore • Buyer – Shahrukh Khan • Seller - Unknown • Inventory – 2nd and 3rd floor of a residential building • Location of acquired Plot – Panchsheel Park • Transaction Value - ₹37 crore
Adani secures $1.7-bn takeover of bankrupt Jaypee Group in major infra winThe acquisition of Jaiprakash Associates, or Jaypee Group, adds cement, real estate and a Formula One racetrack to Adani Enterprises' portfolio. The acquisition of Jaiprakash Associates, or Jaypee Group, adds cement, real estate and a Formula One racetrack to Adani Enterprises' portfolio. The National Company Law Tribunal has approved Adani Enterprises Ltd.’s ₹14,535 crore ($1.74 billion) resolution plan to acquire bankrupt infrastructure heavyweight Jaiprakash Associates Ltd. The ruling, delivered orally by NCLT’s Allahabad bench on Tuesday, 17 March 2026, marks the culmination of a high-stakes insolvency process and hands billionaire Gautam Adani a sprawling portfolio of cement, real estate, and hospitality assets. The landmark decision formally dismisses a legal challenge mounted by rival bidder Vedanta Ltd., clearing the path for one of India’s most significant corporate rescues under the Insolvency and Bankruptcy Code (IBC) of 2016. Following the NCLT’s approval, the resolution plan becomes legally binding, initiating the transfer of operational control to the Adani Group and setting the stage for overdue creditor payouts. Page 17 Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 YEIDA plans FinTech hub on 500 acres near Noida airport Yamuna Expressway Industrial Development Authority is proposing a 500-acre FinTech Hub in Sector 11, near Noida International Airport, inviting expressions of interest for development. This world-class financial ecosystem aims to attract core financial services, IT, and digital operations. The project, slated for development through various models, will position Noida as a significant FinTech destination.
Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 ONE Group Wins NCLT Nod to Revive Ghaziabad's Stalled Sushant Aquapolis with Rs 700 Crore Uttar Pradesh reduces development and building permit fee in Ghaziabad In Jan, Ghaziabad saw the highest hike, at over 66% increase. Even with the recent decrease, the city still has the highest development fee in the state. According to a GDA official, the fee has been slashed to Rs 1,450 per sqm from the previous Rs 1,510 per sqm in Loni, Muradnagar and Modinagar. As per the new rates, the fee is down to Rs 2,462 per sqm in Lucknow, Kanpur and Agra, while it is set at Rs 1,510 per sqm in Varanasi, Prayagraj and Moradabad. In the rest of the districts, the fee has been slashed to around Rs 1,020 per sqm to Rs 603 per sqm. Development fee is a major source of revenue for all development authorities, which they chalage in lieu of civic amenities. Under all revenue generation heads, the development fee alone accounted for the highest revenue generation for GDA in FY 2024-25. Page 18 After more than a decade of delays, the troubled Sushant Aquapolis project in Ghaziabad has received a major lifeline. NCLT has approved ONE Group Developers' plan to take over and complete the project, offering long-awaited relief to thousands of homebuyers. The move is expected to restore buyer confidence, create local jobs, and serve as another example of stalled real estate projects being successfully revived through the insolvency resolution process. Over 40 housing societies in Ghaziabad fail fire safety test Ghaziabad building owners exceeding 15 meters in height or 500 sqm floor area without a fire NOC will now bear firefighting costs. Notices issued to 43 societies for lacking or non-functional safety equipment follow a recent fire. Officials found widespread violations, including blocked access, prompting a crackdown on non-compliance.
Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 Ministry of Environment, Forest and Climate Change Issues Gazette Notification: Exempts Industries from Dual Approvals The Government of India has accepted long-standing demand of industry to remove dual compliance of Environmental Clearance (EC) and Consent to Establish (CTE) for setting up of new industries. Ministry of Environment, Forest and Climate Change (MoEFCC) has effectively integrated the Environmental Clearance (EC) process with the State Pollution Control Board's Consent system. EC- mandated industries are now exempt from obtaining a separate Consent to Establish (CTE) and instead have their Pollution NOC comments integrated directly through the national portal. Page 19
Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 New mega airport in NCR brings a $1 billion 'plot'corridor Noida: Ban on registries, map approvals for all ‘Sports City’ projects lifted The move follows a Supreme Court order dated November 24, 2025, which approved a “comprehensive resolution” submitted by Noida regarding the Sports City Project being developed by Lotus Green Constructions Pvt Ltd at Plot SC-02, Sector 150 Officials said the board has also lifted all bans imposed on the four sports cities – located in sectors 78, 79, 151 and 152 – apart from the SC-02 project. The board also cancelled decisions taken in the 201st and 202nd board meetings in 2021 that had imposed a ban on registries and map approvals. That ban had caused distress not only to dozens of realtors but also to thousands of home-buyers who could not execute registries, failed to get possession of their flats and suffered financially over the last five years. The resolution plan submitted by Lotus Green Constructions was accepted by Noida Authority with certain conditions. It outlines a roadmap for lifting the ban imposed in January 2021, granting a “zero period” waiver from March 1, 2020 to March 31, 2022 and from January 18, 2021 until the revalidation of the revised Master Plan, along with an extension of time to complete construction. Page 20 The multi-modal network aims to ensure fast, safe, and sustainable access for passengers, tourists, and industries, it said in a statement. The airport is directly connected to the Yamuna Expressway, while the Delhi-Mumbai Expressway (Ballabhgarh Link) will further improve access from Haryana and western India . The North and East access roads for cargo and industrial traffic are nearly ready, and a 60-meter-wide service road in Sector 28 now connects to the Yamuna Expressway for local movement, it said. The state government has approved the DPR for the Delhi- Jewar RRTS corridor, while the Railway Ministry is preparing to connect the airport with the Chola- Rundhi rail line UP International Film City Project On Yamuna Expressway Set To Boost Entertainment Industry And Employment The construction and operation of the film city will create thousands of direct and indirect job opportunities. Youth from the state will find employment in acting, technical work, camera operations, editing, set design, costume design and related fields. The government’s focus is on ensuring that local talent gets quality opportunities within the state itself. The development of the film city is expected to provide fresh momentum to the tourism sector as well. The government plans to develop hotels, convention centres and entertainment-related facilities around the film city. This will promote film tourism and increase the number of domestic and international visitors. Local businesses, the hospitality industry and the service sector will benefit directly.
Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 Golden Growth Fund Acquires South Delhi Luxury Land, Targets ₹100 Crore Revenue Golden Growth Fund (GGF), a Category II real estate Alternative Investment Fund, secured a 500 sq yard plot in the elite Gulmohar Park neighborhood of South Delhi. The acquisition confirms the fund’s aggressive pursuit of high-value assets, projecting potential revenue reaching ₹100 crore from the forthcoming development. This transaction marks the third strategic purchase by Golden Growth Fund within the capital’s prime residential corridors since its inception in September 2024. Particulars Details Acquisition Location Gulmohar Park, South Delhi Asset Size 500 sq yards (Plot Area) Projected Revenue Potential ₹100 crore Number of Residences Four exclusive floors Unit Size (Approximate Carpet Area) 3,500 sq ft per floor Development Partner Grovy India Ltd (Established 1985) Plot Specificity Corner site utilizing FAR of 2.25 ASK Property Fund Invests ₹260 Crore in Kreeva’s Delhi Project ASK Property Fund, the real estate arm of Blackstone-backed ASK Asset & Wealth Management Group, has invested ₹260 crore in the Kanodia Group’s real estate venture, Kreeva. Kreeva has procured a prime land parcel in South Delhi for approximately ₹350 crore and plans to develop a luxury residential project covering 500,000 sq ft. The development will feature spacious 3.5, 4.5, and 5.5 BHK apartments in a market primarily comprised of independent floors. Centre takes possession of Jaipur Polo Ground amid dispute with IPA The Land and Development Office (L&DO) on Saturday took physical possession of the historic 15.20- acre Jaipur Polo Ground in the national capital's Race Course area. The central government's enforcement action came after the Indian Polo Association (IPA), which manages the prestigious facility, failed to secure interim relief from the courts against an eviction notice. It was gifted by Maharaja Sawai Man Singh II to the Delhi Polo Club in around 1930. Officials from the L&DO, functioning under the Union Housing and Urban Affairs Ministry, pasted a formal notice on the front wall of the venue, declaring it government property and warning that any unauthorised occupation or encroachment would face strict legal and penal action. Page 21
Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 MCD booked 4,766 unauthorized buildings in 2025; 22 demolished fully MCD Demolition drives to curb illegal constructions in recent months: The major incidents which accelerated the MCD actions: 1. Building collapse in Mustafabad and Said-ul- azaib(Saket) which resulted in multiple fatalities and intensified scrutiny of structurally unsafe buildings. 2. Fatal fires in Hauz Rani/Malviya Nagar and Tughlakabad highlight widespread violations of building byelaws and fire safety norms. 3. MCD demolishes illegal structures in Delhi’s Yamuna O-zone during Kalindi Kunj crackdown 4. The Delhi government subsequently announced that all unauthorized constructions would face action 5. Key places where MCD took strict actions - Said-ul-Azaib, Hauz Rani ,Khirki Extension, Savitri Nagar, Khanpur ,Sainik Farms and Gautam Nagar. In these localities, MCD carried out 41 demolition and sealing actions within the first week of the drive. Page 22 The Municipal Corporation of Delhi booked 4,766 unauthorized constructions and issued 3,989 demolition orders in 2025. Action was taken against 3,294 booked properties, with 22 fully demolished, 2,249 partly demolished, and 1,023 sealed. This intensified enforcement follows a recent building collapse that killed six people. Under Section 343 of the DMC Act, the Municipal Corporation of Delhi (MCD) can take action against unauthorized constructions on private land. As part of the enforcement measures, the MCD wrote 6,300 letters to police authorities seeking stoppage of construction work and sent 4,749 communications to agencies such as the Delhi Jal Board (DJB), power utility BSES, and registration authorities seeking disconnection of services and requesting that properties not be registered Types of violation being targeted: - • Illegal construction o Additional floors o Deviations from sanctioned plans • Illegal commercial activity o B&Bs o Commercial establishments operating from residential premises o Guest houses • Basement misuse o Libraries o Commercial spaces o Storage uses not permitted under sanctioned plans
Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 UP approves new township in Meerut near Rapid rail on the lines of developed countries The Uttar Pradesh urban development ministry has approved the Meerut Development Authority's plan to develop a 750-acre integrated township near the Delhi-Meerut rapid rail transit system (RRTS). This township will serve as the entry point for the RRTS into Meerut city and will enhance the infrastructure around the rail corridor. The project aims to make the RRTS commercially sustainable and facilitate transit-oriented development (TOD), which is a global standard in many countries. The cost of land acquisition is estimated to be around Rs 2,000 crore, with the UP government providing 50% as an interest-free long-term loan. The township will be developed in two phases, with the first installment of Rs 500 crore already approved. The National Capital Regional Transport Corporation (NCRTC) will also benefit from the development, and the project aligns with the Mukhyamantri Shehri Vistar Yojana and value capture financing (VCF) policies. UPCOMING JEWELLERY PARK IN MEERUT Spread across 36,000 square metres, the upcoming 10-storey Jewellery Park will be developed with an estimated investment of ₹800 crore, creating a modern ecosystem for jewellers, artisans, designers, exporters, and entrepreneurs. The ambitious project is planned in Vedvyaspuri and will be developed on the lines of internationally renowned jewellery hubs in Dubai and Belgium. Designed as a modern, integrated ecosystem, the park aims to bring every aspect of the jewellery business under one roof—from manufacturing and design to wholesale, retail, and research. Page 23
Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 Retirement Housing Policy Haryana Major Infrastructural Development in Gorakhpur – 1. International Cricket Stadium at Taal Nadaur (Varanasi Road) - Under-construction 2. Gorakhpur Link Expressway: Connecting Gorakhpur to Purvanchal Expressway – Completed 3. Outer Ring Road of Gorakhpur – Under-construction 4. Gorakhpur-Siliguri Greenfield Expressway: Connecting UP- BIHAR-BENGAL – Land acquisition in progress. MDA Launches Two New Housing Schemes a. Govindpuram Housing Scheme (Phase 1) Location: New Moradabad Pricing & Units: Approximately 477 plots measuring between 112.5 sq. m. and 450 sq. m., priced at around INR 42,000 per sq. M b. Sahyadri Housing Scheme Location: belt, offering excellent connectivity to Haridwar, Dehradun, and Delhi. Pricing & Budget: Competitive base rates starting from an introductory price of INR 39,600 per sq. m. Capacity: Approximately 609 subsidized plots designed for lower and middle-income families. Page 24 • Objective: To facilitate the development of specialized senior citizens (55+ years of age) that provides dedicated, safe, Barrier free features, age–friendly living environment. • Purpose: To cater Physical, social needs of senior citizens • Area Requirement: min. 0.5 acres and max. 10 acres, access to min. 12m wide road; FAR: 225 (now recently increased to 300); Ground Coverage: 40% • Eligibility for Resale: At least one resident of buyer per unit must be 55+ years old. • Mandatory Amenities: A medical/dispensary room with 24/7 nursing assistance and on-site ambulance service; mandatory ramps; GAS leak detection system; Power backup facilities; CCTV surveillance; adequate security and housekeeping service. • Projects in Gurgaon: The Melia (Tower S1 & S2); Antara Senior Living (Max Group). Changes in Haryana Byelaws: • S+4 policy a) The policy is strictly on hold following an interim stay by the Punjab and Haryana High Court. All fresh approvals via the S + 4 and HOBPAS online portals are frozen. b) The HC intervened this because the government failed to conduct a mandated Infrastructure capacity Audit. Pushing ahead without it threatened to collapse already straining sewage, water and power lines. c) Authorities are currently blocked from issuing new Occupation certificates for S+4 floors. d) Developers can legally build a maximum of Stilt-plus-3 (S+3) floors as of now.
Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 Bareilly Development Authority (BDA) Scheme a. The Skyway Apartments Pricing: INR 76,900 per sq. m. Types of Flats: · 2 BHK + Study: 57 units with a built-up area ranging from 102.74 sq. m. to 117.35 sq. m. · 3 BHK + Study: 9 units with a built-up area of 162.20 sq. M. b. The New BDA Township A new BDA township is under development near Pilibhit Bypass Road and is expected to be launched soon. b. Ramayan Vatika Ramayan Vatika has been developed by BDA within the residential township known as Ramganga Nagar Awasiya Yojana. Varanasi : The Emerging Heritage Smart City The rapid infrastructure development, growth in religious tourism, airport expansion, Ring Road connectivity and smart city initiatives have significantly boosted residential real estate demand in Varanasi. The city is witnessing a shift from unplanned colonies towards integrated townships, group housings projects & VDA–approved plotted developments. a. Anand Kashi Township Highlights: • Approx. 250 acres (one of the largest planned residential developments undertaken by VDA after nearly three decades. • Planned as a modern gated city inspired by Kashi’s heritage. • Sustainable and green urban planning. • Residential plots, commercial areas, schools, and hospitals. b. Rudra Vihar Township (Madhni) Highlights: • Approx. 165 acres of planned residential township. • Land Pooling Model. • Modern infrastructure & utilities. c. Sports City Township (Ganjari, Rajatalab) Highlights: • Approx. 160 acres. • Located near the upcoming International Cricket Stadium. Page 25
Monday June 13, 2026 Real Estate News & Government Regulations Volume 2.0 Vertical Growth unlocked, Rajasthan Government lifts restrictions in building height Following a regulation of the central government notified in January 2026, the state government has issued an order allowing building heights to extend without a fixed cap provided the buildings are equipped with state-of-the-art and robust firefighting systems. Existing Framework • Building heights in Rajasthan were restricted to a maximum of 70 meters. • The limit was introduced in 2020 based on the operational reach of available firefighting systems. • The restriction constrained vertical development in rapidly urbanizing cities like Jaipur, Jodhpur, Udaipur, etc. Need for Reform • Increasing urban population and pressure of land resources together with efficient land utilization and modern urban planning practices. • Growing demand for integrated residential, commercial, educational, and institutional developments. Key Highlights of new reforms • The notification was issued on 29th of May 2026 wherein the fixed height cap of 70 meters has been removed. • Buildings may now be permitted beyond previous limits, subject to compliance with prescribed safety standards. The reform follows the Centre’s Compliance reduction and Deregulation Initiative (Phase-II). • The proposed buildings must be compliant with National Building Construction Standards (NBCS) 2026 and other applicable regulations. Benefits of the reform • Land Optimization –This will lead to significant savings in land usage with a reduced urban sprawl and preservation of peripheral land resources. • Economic Growth – This will also attract more private investments in the real estate of Rajasthan and increase employment generation in construction and allied industries. • Improved Urban Form- This will also result in compact and efficient city development with enhanced infrastructure utilization. Page 26
Monday June 13, 2026 Urban Planning & Infra. Headlines Volume 2.0 NEW INTEGRATED TOWNSHIP PLANNED NEAR MEERUT RRTS Delhi-Jewar connectivity gets a major push: NHAI plans 31- km elevated Yamuna Pushta corridor, boosting real estate prospects Infrastructure development continues to play a crucial role in shaping the real estate market of the National Capital Region (NCR). In a recent move aimed at improving connectivity to the upcoming Noida International Airport at Jewar, authorities have proposed a 31-kilometre elevated road linking East Delhi with Greater Noida. The National Highways Authority of India (NHAI) is going to build a brand new 31-kilometer elevated expressway. The planned corridor is expected to run along the Yamuna Pushta Road and provide an alternative route to the heavily used Noida-Greater Noida Expressway. The proposed route is expected to pass through key Noida sectors, including Sectors 94, 95, and 125–135, before connecting with the Yamuna Expressway. These areas may witness increased demand from homebuyers, office occupiers, and investors due to improved accessibility. Page 27 The Uttar Pradesh government has launched 27 Integrated Manufacturing and Logistics Clusters (IMLCs) across 26 districts. This initiative is designed to drive economic growth, generate employment, and attract global investments by leveraging the state's extensive expressway network. The IMLCs will cover over 13,240 acres of land, with 9,864 acres already acquired for development. Strategic Locations The IMLCs are strategically located along five major expressways in Uttar Pradesh, including the Ganga Expressway, Bundelkhand Expressway, Agra-Lucknow Expressway, Gorakhpur Link Expressway, and Purvanchal Expressway. Each cluster is designed to optimize logistics and reduce transit times, enhancing overall efficiency The Meerut development authority is preparing to finalize the layout for a new township project near Delhi Road by the end of June. the project is being planned as Uttar Pradesh ‘s First Transit Oriented Development (TOD) Town ship linked to the Delhi Meerut Rapid Rail Transit System Corridor. Officials Connected with the Planning Process say the proposed township will include Residential areas, Commercial spaces, Internal Roads and public utility zones designed around rapid transit Connectivity. INTEGRATED MANUFACTURING & LOGISTICS CLUSTER
Monday June 13, 2026 Urban Planning & Infra. Headlines Volume 2.0 New 30 km Expressway to link Delhi with Noida, Greater Noida and Jewar Airport: The Aqua Metro Line Extension is a significant project worth ₹2,254 crore, extending 11.56 km from Botanical Garden to Noida Sector 142. This extension will add eight stations and aims for completion within four years. The project enhances connectivity between Noida, Greater Noida, and Delhi, improving access to Igraitham International Airport and major railway stations. It is expected to reduce travel time and promote sustainable urban growth, aligning with the vision of Viksit Bharat 2047. Page 28 Ground coverage cap set to go with Noida bylaws set for major overhaul UP govt plans to scrap ground coverage limits and increase floor area ratio for industrial, residential and commercial projects to allow both vertical and lateral growth, as it proposes to roll out a new common building bylaws for the three industrial development authorities-Noida, Greater Noida, and YEIDA-to ease construction rules, boost investment and end confusion caused by differing regulations across authorities. Currently, industries are allowed to build on only 35- 60% of a plot, housing projects on 35-40%, and institutional and commercial developments on 30-60%. In contrast, Awas Vikas rules do not impose such restrictions. Aligning with this more liberal model, the new bylaws propose removing ground coverage caps altogether. Instead, builders will be able to cover all land left after meeting mandatory requirements for setbacks, parking, and open spaces. Noida Authority Moves Towards Paperless Administration The Noida Authority is preparing to transition its administrative operations into a fully integrated digital ecosystem, a move expected to significantly alter how property-related services, approvals and civic records are managed across one of the National Capital Region’s fastest-growing urban centres. For residents and property owners, the biggest impact may be quicker access to approvals and fewer procedural bottlenecks. Instead of visiting multiple departments or tracking physical files, applicants are expected to receive real- time updates through computer and mobile-based interfaces. The system could also improve record traceability and reduce risks linked to misplaced documents or inconsistent data entries.
Page 29 Monday June 13, 2026 Urban Planning & Infra. Headlines Volume 2.0 Delhi Metro's new corridor work starts: 10 stations, 7 line connections - what it means for your daily commute The Centre advanced plans for multiple high- speed rail corridors connecting Delhi with other major cities, including a proposed Delhi– Siliguri corridor. While these are long-term projects, they reinforce Delhi’s role as a national transport hub. Completion of Delhi’s first Ring Metro The final section of the Pink Line opened in March 2026, creating a continuous 71.5 km Ring Metro around Delhi. This significantly improves interchange options and reduces travel time by avoiding the need to pass through Rajiv Chowk for many journeys. This corridor is one of the most important infrastructure projects for South Delhi as it will provide direct metro connectivity to the airport from several important areas. Construction is progressing under Phase IV. It will connect Tughlakabad, Sangam Vihar, Saket G Block, Vasant Kunj and Delhi Aero city Delhi Metro Phase-IV construction officially begins; Golden Line to link vital points in South Delhi The Delhi government approved funding for the remaining Phase IV network • Rithala–Kundli • Inderlok–Indraprastha • Lajpat Nagar–Saket G Block The investment is around ₹14,630 crore enabling work to accelerate these strategic corridors. Phase IV will eventually add 112 km of new metro lines and 49 new stations. This is the largest expansion since Phase III and will improve connectivity across North, Central, South Delhi and into Haryana .The Lajpat Nagar–Saket G Block corridor is particularly noteworthy for South Delhi because it will improve east-west connectivity through premium residential areas.