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UP-RERA
Real Estate

UP-RERA’s Online Complaint Mechanism Against Illegal Transfer Charges Gets Industry Backing

by Construction Xperts
written by Construction Xperts

The Uttar Pradesh Real Estate Regulatory Authority’s (UP-RERA) latest move to operationalise online complaint filing against illegal transfer charges imposed by promoters and developers is being widely welcomed by legal and real estate industry stakeholders. The initiative is expected to bring greater transparency, accountability, and ease for homebuyers dealing with property transfers, resale transactions, and inheritance-related matters.

Under the amended Regulation 47(c), promoters are no longer permitted to execute a fresh Agreement for Sale or Lease in transfer cases involving assignees or successors-in-interest. Instead, developers are required to endorse the existing agreement and update records accordingly.

The amendment also places clear caps on processing fees. In family transfer or inheritance cases, promoters cannot charge more than Rs 1,000 as a processing fee, while transfers to non-family members cannot attract charges beyond Rs 25,000. Homebuyers can now file complaints digitally through Form-M on the official UP-RERA portal against unlawful demands by developers.

Industry experts believe the move addresses a long-standing concern among homeowners and allottees who were often subjected to excessive and arbitrary transfer charges.

“UP-RERA’s move to enable online complaints against illegal transfer charges is a significant step towards greater transparency and consumer protection in real estate transactions. Arbitrary transfer fees, especially in resale and inheritance cases, have long been a concern for homebuyers. The digital mechanism will improve accessibility, accountability, and buyer confidence while promoting fair practices across the sector,” said Venket Rao, Founder, Intygrat Law Offices.

Ravi Kant, Co-founder, Elegance Enterprises & Elegance Infra, said, “Illegal transfer charges often created unnecessary financial stress for families during property transfers and inheritance cases. This initiative gives homebuyers a proper platform to raise grievances and will help make the real estate ecosystem more transparent, consumer-friendly, and accountable.”

Pavan Gupta, Founder, Farmland Bazar, added, “UP-RERA’s decision to allow online complaints against illegal transfer charges is a positive and consumer-centric step for the real estate sector. The move will enhance transparency, accountability, and buyer confidence by offering homebuyers a more accessible grievance redressal mechanism.”

Sector observers believe the amendment could also strengthen trust between developers and buyers by ensuring a more disciplined and transparent transfer process. With the complaint mechanism now digitised, the move is expected to reduce procedural delays while empowering homebuyers with a direct and structured grievance redressal platform.

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Harohalli
Real Estate

Why Harohalli Is Emerging as Bengaluru’s Next High-Growth Investment Corridor

by Construction Xperts
written by Construction Xperts

In the geography of Bengaluru real estate, value rarely moves randomly. It usually follows the economic direction. Over the years, the city has expanded in clear waves, first toward the eastern technology corridors, then toward the northern airport-led growth belt. Today, a quieter but increasingly strategic shift is beginning to take shape in the south, particularly around Harohalli.

For a long time, Harohalli was largely known for its open landscapes and green surroundings. What is changing now is the ecosystem around it. Industrial activity, improving connectivity, evolving infrastructure and wider urban expansion are beginning to reposition the corridor as one of the more interesting long-term land-led investment destinations around Bengaluru.

Raghunath Bhattagiri
Co-Founder and Managing Director
Triguna Projects Pvt Ltd

Employment-led growth creates long-term depth

One of the most reliable indicators of future land value is economic activity. Harohalli benefits from the presence of the Karnataka Industrial Areas Development Board industrial belt, which has steadily strengthened the region’s economic relevance over time. Industrial clusters often do more than generate immediate land demand. They create employment, attract supporting businesses, improve mobility and gradually build a larger ecosystem around a location.

Equally important is the larger southern economic belt around Bidadi and surrounding growth zones. As employment clusters deepen across this region, adjacent land corridors often begin to acquire stronger long-term relevance for both residential and lifestyle-led development.

In real estate, sustainable appreciation usually follows long-term economic depth rather than short-term market excitement.

Connectivity is changing how distance is perceived

Land value is increasingly shaped by travel time rather than geographic distance.

That is one of the reasons Harohalli is beginning to draw attention. The corridor is benefiting from improving regional connectivity through road upgrades, southern growth linkages and broader mobility networks that are steadily integrating peripheral locations with the larger city economy. The expansion of the 6-lane Kanakapura Road and the NICE Road have already brought Harohalli within a comfortable 60-minute drive of Central Bengaluru, effectively shrinking the mental distance from the city core.

Furthermore, Harohalli sits at the strategic intersection of the STRR and the 210km Intermediate Ring Road (IRR). These high-speed corridors provide direct, signal-free access to the International Airport and hubs like Sarjapur, bypassing city congestion entirely.

For investors, this matters because infrastructure changes perception before it changes pricing. Locations that once felt distant gradually begin to feel accessible. Historically, this shift has often been one of the earliest indicators of future value creation.

The southern corridor still offers strategic land availability

A growing challenge in mature urban markets is land fragmentation. As city limits expand and density increases, larger contiguous parcels become harder to access. Pricing sharpens, optionality reduces and long-term flexibility becomes limited.

This is where Harohalli retains an important advantage. The corridor still offers larger land parcels and lower development intensity compared to more mature parts of the city. For long-term investors, this creates strategic flexibility. Land in such locations can support multiple future formats, from plotted development and low-density communities to farmlands and long-hold land strategies. That flexibility often becomes valuable as the market evolves.

Natural scarcity creates a long-term premium

One of the less discussed but highly important factors shaping long-term land value is natural scarcity.

Harohalli’s character is shaped not only by infrastructure and accessibility, but also by its surrounding landscape. The region’s green cover, open terrain and proximity to natural ecosystems create a quality that becomes increasingly rare as cities expand outward.

In real estate, infrastructure can be built over time. Natural character cannot. That is why land located near enduring natural features often develops a scarcity premium. As urban density rises and open spaces become more limited, locations that retain a sense of openness tend to gain stronger long-term lifestyle relevance.

This is one reason the southern belt is beginning to attract both land investors and buyers looking for a different relationship with ownership.

A shift in how buyers are thinking about land

Another important change is behavioural. Increasingly, buyers are not evaluating peripheral land only through a conventional appreciation lens. There is growing interest in land formats that combine long-term value with usability, openness and lifestyle relevance.

Around Bengaluru, this is becoming especially visible in the growing conversation around countryside living, low-density ownership and thoughtfully planned farmlands.

When developed with a sensitive touch and a thoughtful plan, Harohalli has the unique potential to offer the best of both worlds. It possesses the rare ability to marry a raw and wild countryside setup with the sophistication of modern amenities. This creates an environment where the rugged charm of the natural landscape doesn’t have to be sacrificed for comfort, providing a high-utility lifestyle that is increasingly hard to find elsewhere.

Why timing matters

In real estate, timing often shapes outcomes as much as location itself.

Historically, some of the strongest long-term appreciation stories have emerged from places that were identified during their transition phase, when infrastructure was improving, economic activity was strengthening and broader market attention had not yet fully arrived.

Harohalli appears to be entering that phase. It remains early. And that is precisely what makes it worth watching.

A corridor worth paying attention to

Not every emerging location becomes a major real estate story. But the ones that do usually share certain fundamentals which includes economic depth, improving access, land availability and alignment with the natural direction of urban growth.

Harohalli increasingly reflects those characteristics. For investors looking beyond immediate market noise, it represents a corridor where the early signals of tomorrow’s value are first beginning to take shape. 

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wave city
Blog

Why Wave City Ghaziabad Is the Smartest Plot Investment Near Delhi

by Construction Xperts
written by Construction Xperts

Understanding the Appeal of Plot Investments in Ghaziabad

The residential real estate market around Delhi NCR has evolved considerably over the past decade, and discerning investors are increasingly gravitating toward planned plot purchases rather than ready-built apartments. Among the many options available, Wave City Ghaziabad has emerged as one of the most compelling destinations for those seeking a combination of modern infrastructure, green living, and long-term capital appreciation potential.

Plot investments offer a distinct advantage over apartment purchases because they provide flexibility in construction timelines, lower maintenance costs during the holding period, and historically stronger appreciation rates in well-planned townships. The key, however, lies in selecting the right location within an integrated development that offers genuine infrastructure rather than mere promises on paper.

What Makes Wave City Stand Apart from Other Ghaziabad Projects

Spread across approximately 4,200 acres along NH-24, Wave City represents one of the largest integrated townships in the Delhi NCR region. What distinguishes it from competing developments is the scale of completed infrastructure already on the ground. The township has achieved IGBC Platinum certification for its commitment to sustainable development, making it one of the few green-certified residential communities of this scale anywhere in northern India.

The project currently houses over 22,000 residents, which is a critical indicator for investors. Occupied townships generate their own economic ecosystems with retail establishments, service providers, and community activities that drive further demand. Unlike speculative projects where investors must wait years for any signs of habitation, Wave City already functions as a living, breathing community with schools, hospitals, commercial centres, and recreational facilities within its boundaries.

According to Mayank Jain of Ammaya Construction, a real estate professional specialising in Wave City properties, the township benefits from a self-sustaining demand cycle where existing infrastructure attracts new residents, which in turn justifies further development spending by the developer.

Location Advantages Along the NH-24 Corridor

The NH-24 corridor connecting Delhi to Lucknow has undergone substantial upgrades in recent years, and the ongoing Delhi-Meerut Expressway project promises to reduce travel times further. Wave City sits strategically along this corridor, providing residents with relatively straightforward access to key employment hubs in Delhi, Noida, and Ghaziabad city centre.

The Regional Rapid Transit System currently under construction will add another layer of connectivity, potentially reducing the Delhi commute to under forty-five minutes from the Wave City area. For plot investors, such infrastructure improvements represent catalysts for price appreciation that are largely independent of broader market sentiment.

Proximity to the proposed Noida International Airport at Jewar, though not immediately adjacent, adds another dimension to the long-term investment thesis. As the airport becomes operational, the entire eastern NCR corridor including Ghaziabad is expected to benefit from improved economic activity and employment generation.

Financial Analysis for Prospective Plot Buyers

Current pricing for residential plots in Wave City varies depending on plot size, location within the township, and facing. Entry-level plots start from approximately twenty lakh, while premium corner plots and those adjacent to green belts command significantly higher prices. When compared to similar offerings in Noida Extension or Greater Noida, Wave City plots often present a more favourable value proposition because the infrastructure is already operational rather than under construction.

The total cost of acquisition includes registration charges, stamp duty, and development fees that typically add twelve to fifteen percent above the base plot price. Investors should factor these costs into their calculations when comparing options across different locations. Maintenance charges for common infrastructure are modest and predictable, which is an advantage over apartment investments where escalating maintenance fees can erode rental yields.

Historical appreciation data for Wave City plots suggests compounded annual returns in the range of eight to fourteen percent over five-year holding periods, though past performance should not be extrapolated uncritically. The most reliable gains have accrued to investors who entered during early development phases and benefited from infrastructure completion milestones.

Due Diligence Checklist for Buyers

Before committing capital, prospective buyers should verify RERA registration for specific phases and plot categories. They should inspect the actual on-ground development rather than relying solely on marketing materials. Checking the title chain and ensuring clear ownership documentation is essential, particularly for resale plots where the chain of transfers may be complex.

Engaging with established real estate professionals who specialise in the Wave City micro-market can significantly reduce the risk of documentation issues or overpayment. Independent property valuation before purchase helps ensure that the asking price aligns with current market realities rather than aspirational projections.

Long-Term Outlook for Wave City Investments

The combination of existing infrastructure, growing occupancy, improving connectivity, and government focus on eastern NCR development creates a reasonably positive outlook for Wave City plot investments over medium to long-term horizons. However, investors should maintain realistic expectations and approach the purchase as a five to seven year commitment rather than a short-term speculative play. Those who conduct thorough due diligence and purchase at fair market valuations are best positioned to benefit from the township growth trajectory in the years ahead.

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Luxury Apartment
Real Estate

Ghaziabad’s Luxury Leap: How Siddharth Vihar Is Rewriting Its Housing Story

by Construction Xperts
written by Construction Xperts

For years, Ghaziabad was largely seen through the lens of affordability; a practical alternative for homebuyers priced out of Delhi and parts of Noida. The city’s residential landscape was dominated by mid-income housing, with most buyers prioritising budget and basic connectivity over lifestyle considerations. However, that perception is changing. Increasingly, the conversation around Ghaziabad is no longer centred solely on affordability but on the long-term urban value and liveability the city is beginning to offer. Improved infrastructure, faster connectivity corridors, and the rise of integrated townships have reshaped how both buyers and investors view the city today. Micro-markets such as Siddharth Vihar are now attracting a more aspirational audience looking for spacious homes, gated communities, wellness-led amenities, and a more balanced urban lifestyle.

The Delhi-Meerut Expressway and the widening of NH-24 have significantly reduced travel time, making daily movement towards Noida, East Delhi, and even Central Delhi far more seamless. At the same time, the expanding RRTS corridor and existing metro connectivity are strengthening the city’s long-term mobility network, giving homebuyers greater confidence in the region’s future growth.

Luxury housing rarely develops in isolation; it follows infrastructure that makes everyday life easier, faster, and more predictable. As per industry data, the region is now testing Rs. 2–4 crore price brackets with increasing confidence. Here, Siddharth Vihar has emerged as one of the biggest beneficiaries of this transformation. Strategically positioned between Noida and Ghaziabad, the micro-market offers strong multi-corridor connectivity while still retaining a sense of openness and lower congestion that many densely packed NCR locations increasingly struggle with today.

Alongside infrastructure, the profile of the homebuyer entering Ghaziabad has also undergone a visible shift. What was once largely a market driven by budget-conscious purchasers is now attracting upwardly mobile professionals, business families from East Delhi and Ghaziabad, and NCR residents looking to upgrade from smaller apartments into more spacious, lifestyle-oriented homes. Investors, too, are beginning to see long-term appreciation potential in micro-markets such as Siddharth Vihar, especially as the area continues to evolve with better infrastructure and planned development.

Homebuyers today are placing greater value on larger layouts, landscaped surroundings, wellness amenities, clubhouse-driven social spaces, and gated communities that offer both comfort and a sense of security. Moreover, a significant part of Ghaziabad’s changing residential identity can also be linked to the rise of integrated townships, which are gradually redefining what urban living in the city looks like. Unlike the fragmented residential pockets of the past, these developments are being designed as more self-sustained ecosystems where housing is supported by retail spaces, recreational amenities, landscaped open areas, and community-focused infrastructure.

Prateek Grand City is among the developments that reflect this larger transition in Siddharth Vihar, where scale, planning, and lifestyle integration are becoming central to the housing conversation. Increasingly, buyers are not just evaluating individual apartments, but the overall ecosystem surrounding them — from green spaces and social infrastructure to the long-term liveability a township is able to create. Further, Prateek Grand Begonia, located within the larger ecosystem of Prateek Grand City, aligns with the preferences of today’s NCR homebuyers. Larger residences, contemporary design sensibilities, wellness-focused amenities, and the advantage of strong regional connectivity are increasingly becoming central to purchase decisions, especially among buyers upgrading from compact urban apartments.

As NCR’s housing landscape continues to evolve, Ghaziabad is gradually stepping beyond its long-held identity as a value-driven market and establishing itself as a more aspirational residential destination. The transformation unfolding in Siddharth Vihar reflects a larger shift taking place across emerging NCR micro-markets, where infrastructure, planned urban development, and changing lifestyle expectations are beginning to shape housing demand as strongly as affordability once did.

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Nahyan
Real Estate

Nahyan bin Mubarak Unveils Greenz by Danube, Dubai’s First Fully Furnished Master Villa Project

by Construction Xperts
written by Construction Xperts

H.E. Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, unveiled “Greenz by Danube,” the latest development by Danube Properties, during a major event held at Coca-Cola Arena in Dubai. The launch was attended by Rizwan Sajan, Founder and Chairman of Danube Group, along with more than 7,000 investors, business leaders, distinguished guests, and media representatives. The project marks the debut of Danube’s first large-scale integrated master villa community and Dubai’s first fully furnished master villa project.  

H.E. Sheikh Nahyan bin Mubarak Al Nahyan stated that the unveiling of “Greenz by Danube Properties” represents an important occasion reflecting the continued success achieved by Danube Group in the United Arab Emirates. He noted that the company has built a strong and productive long-term relationship with Dubai and the UAE through its sustained contributions to the building materials sector and related industries, before expanding into real estate development and community building. He emphasized that the company has grown alongside Dubai itself, adding that companies achieving genuine success in Dubai understand that meaningful development is built upon trust, reliability, and a deep understanding of the needs of residents, investors, families, and communities.  

He added that the United Arab Emirates has earned a well-established global reputation as a destination where people from around the world come to build, invest, live, work, and create better futures for themselves and their families. He stressed that this remarkable standing has been achieved thanks to the wise leadership and visionary approach of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, may God protect him, who continues to emphasize the importance of building a nation that benefits from global progress, encourages innovation, and provides an outstanding environment in which enterprise and human potential can flourish.  

He further affirmed that this ambitious national vision is strongly supported by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, may God preserve him, noting that the UAE continues, under the guidance of its wise leadership, to place people at the center of national development. He explained that cities are judged by the quality of life they offer to their residents, while communities are ultimately judged by the values they nurture, including family cohesion, neighbourly spirit, wellbeing, security, tolerance, and shared responsibility.  

He said that the launch of “Greenz” represents an occasion to celebrate a vision of modern living shaped by greenery, wellness, family life, comfort, and community spirit. He stressed that real estate development, at its very best, creates places of human connection — places that support families, strengthen communities, and give substance to the promise that the UAE is a country of opportunity, stability, and hope. He also noted that the project reflects confidence in the future of Dubai and the United Arab Emirates and confirms that Dubai and the UAE are places where businesses can flourish, families can thrive, investors can participate in growth, and residents can enjoy a high quality of life.  

He added that he extends his sincere congratulations to Rizwan Sajan, the leadership team, and all employees of Danube Properties, emphasizing that their long-standing association with Dubai and the UAE represents a distinguished record of commitment and contribution to economic and urban development. He also expressed appreciation to all partners, consultants, designers, contractors, and professionals involved in the project, commending their dedication and efforts in delivering this integrated development.  

He concluded by affirming that the United Arab Emirates has always believed that development must ultimately serve people first, noting that Danube Properties, through projects such as “Greenz,” has demonstrated this principle in practice. He also extended his best wishes to future residents and investors, expressing his hope that the development will become a place of happiness, security, friendship, and achievement, while adding further beauty and distinction to Dubai and the United Arab Emirates. He further expressed confidence that Danube Properties will continue upholding the high standards and principles that have long distinguished its work and achievements.  

For his part, Rizwan Sajan, Founder and Chairman of Danube Group, said: “If you ask me why someone should invest in Greenz by Danube, I’d summarize the answer in five key reasons: prime location, fully furnished homes with Dolce Vita Italian branded interiors, more than 50 amenities and services, easy access to all major destinations in Dubai, and our flexible 1% monthly payment plan.”  

Located next to Dubai International Academic City and behind Dubai Silicon Oasis, “Greenz by Danube” is Dubai’s first fully furnished master villa community offered with a flexible 1% monthly payment plan. The project enjoys a strategic location within one of Dubai’s fastest-growing residential corridors.  

The surrounding area is home to more than 100,000 residents, professionals, and entrepreneurs, and will benefit from the upcoming District IO technology hub aligned with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum. The hub is projected to generate more than 70,000 jobs, further enhancing the area’s appeal for investment and residential living.  

The development will feature 3- and 4-bedroom townhouses, along with 5-bedroom semi-detached and twin villas. The homes will include modern façades, Dolce Vita finishes, private lifts, sky gardens, and closed kitchens, with handover scheduled for December 2029.  

Residents will enjoy access to more than 50 amenities and services distributed across five themed leisure zones, including sports courts, beach-inspired spaces, wellness facilities, green landscapes, family zones, a dancing fountain, and a 3.75-kilometre jogging track. The project will also provide buggy transport within the community, in addition to a dedicated shuttle service to the metro station.  

With prices starting from AED 3.5 million and a flexible 1% monthly payment plan, “Greenz by Danube” offers a compelling residential and investment opportunity for both investors and end-users alike.  

About Danube Properties
Danube Properties, a subsidiary of Danube Group founded by Rizwan Sajan in 1993, is among the UAE’s leading private real estate developers. The company is widely recognized for pioneering the 1% payment plan and for delivering fully furnished residential developments supported by more than 40 lifestyle amenities and services, while maintaining a strong track record of construction quality and on-time delivery.  

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HTL
Real Estate

HTL International Brands Domicil, Fabbrica and Corium target 35% growth in 2026, bets on retail expansion and deeper Tier 2 penetration in India

by Construction Xperts
written by Construction Xperts

HTL International, a global leader in upholstered furniture, is accelerating its India strategy as it marks 50 years globally, with a sharp focus on retail expansion and deeper penetration into Tier 2 markets. The company is targeting 35% growth in 2026, building on strong momentum across its three brands, Domicil, Fabbrica and Corium.

HTL currently operates 1 flagship store and 33 shop-in-shops in India and plans to double its retail footprint over the next two years. The expansion will be led by a stronger push into Tier 2 cities, alongside the opening of flagship stores in key metros.

The strategy comes at a time when India’s furniture market continues to be dominated by the unorganised sector, which accounts for nearly 90% of the industry. Unlike other consumer segments, where brand recall and segmentation are well established, furniture still lacks strong, widely recognised brands, creating a significant opportunity for organised players.

“Our focus is on building Domicil, Fabbrica and Corium as distinct brands that cater to different consumer needs, while expanding access across markets beyond metros. The idea is to offer access to international design and consistent quality at price points that are relevant for Indian consumers,” said Manoj Kumar Nair, Country Head (Brands), India, Middle East and Africa, HTL Group of Companies.

HTL’s India play is anchored around its three brands, each targeting a distinct consumer segment and life stage. Fabbrica caters to younger, first-time buyers with compact and design-forward offerings suited for urban homes. Domicil addresses the mid to premium segment, focusing on comfort, ergonomics and everyday family living. Corium, positioned at the higher end, appeals to consumers seeking craftsmanship, larger formats and global design aesthetics.

The company has already seen strong traction in India, with the three brands recording 50% growth in 2025. Smaller cities are now emerging as key growth drivers, supported by larger homes, evolving lifestyle aspirations and higher discretionary spending on interiors. North India continues to be a significant contributor, in line with broader premium consumption trends.

To support this growth, HTL has expanded its manufacturing footprint in India. The company has completed the first phase of expansion at its Chennai facility, increasing its size from 2.5 lakh sq. ft. to 3.5 lakh sq. ft. The facility caters to both domestic demand and export markets of the US, UK, and the Middle East, reinforcing India’s role in HTL’s global supply chain.

At a category level, HTL is working to bring greater structure to furniture retail in India through standardised store layouts, visual merchandising and partner training, all critical to building brand consistency. The company also continues to refresh its portfolio with new designs every three to four months and has introduced a signature colour across its leather and fabric offerings.

HTL’s 50-year milestone underscores a long-term commitment to the country, with Domicil, Fabbrica and Corium focused on building brand-led differentiation in a traditionally product-driven category.

As India’s premium housing market expands and consumers become more discerning about quality and aesthetics, a clear gap persists in how interior budgets are allocated. Despite being the most-used spaces, living rooms and bedrooms often remain underinvested, creating a significant opportunity for organised players to drive value through design-led, durable furniture. For brands like Domicil, Fabbrica and Corium, this presents a scalable opportunity to reposition furniture from a deferred purchase to a central element of home investment.

Visit: https://www.htlinternational.com

Domicil: www.domicilindia.com

Corium: www.coriumindia.com

Fabbrica: www.fabbricaindia.com

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Sunday Hotels
Real Estate

Firoz Khan Joins Sunday Hotels as Director and Channel Head – Business Development, India

by Construction Xperts
written by Construction Xperts

Sunday Hotels, a global hospitality brand under Prism, backed by SoftBank, has announced the appointment of Firoz Khan as Director and Channel Head – Business Development, further strengthening its leadership team as the brand sharpens its focus on strategic expansion and partnership-led growth.

In his new role, Firoz will lead business development and channel strategy, with a strong focus on identifying high-potential markets, strengthening partner ecosystems, and building a scalable growth framework across the portfolio.

Firoz brings over 16 years of experience, with deep expertise in new market entry strategy, brand positioning, mall zoning and tenant mix strategy, mall positioning, brand operations, and long-term brand sustainability. Over the course of his career, he has built strong and long-standing relationships with developers, retailers, and institutional stakeholders across the country, enabling successful deal-making and expansion across diverse real estate markets. His experience spans leading real estate advisory firms and development platforms across Tier I, II, and III cities.

Prior to joining Sunday Hotels, Firoz served as Vice President and Head – North India Business at PPZ, where he managed the entire North India portfolio, driving regional growth, developer partnerships, and asset acquisition while working closely with leadership on business planning and performance. His role also encompassed marketing, operations, budgeting, leasing, and SOH, ensuring end-to-end oversight of business execution and growth delivery.

Earlier, he held the position of Associate Director at Colliers International, driving initiatives across markets nationwide and working closely with a diverse mix of retailers and developers. In this role, he also supported many retail brands and startup brands in planning their expansion strategies and business development roadmaps, helping them structure market entry and scale-up plans across Tier I, II, and III cities. He also worked aggressively with key clients including Walmart, Metro Cash & Carry, PVR INOX, and several other leading brands, contributing significantly to shaping retail expansion across Tier II and III markets. He has also held significant roles at Cushman & Wakefield, CBRE, and JLL.

Over the years, Firoz has built strong relationships across developers, retailers, and institutional stakeholders, along with a nuanced understanding of how retail and real estate ecosystems evolve across markets.

Firoz Khan, Director and Channel Head – Business Development, Sunday Hotels, added:
“For me, business development has always been about understanding how markets evolve and building partnerships with intent. What stood out about Sunday Hotels is the clarity in its growth vision and the opportunity to build in a way that is both structured and sustainable. There is strong potential to deepen channel relationships and approach expansion more thoughtfully, and I look forward to working with the team to shape that journey in the years ahead.”

With this appointment, Sunday Hotels aims to further strengthen its business development function while building a more resilient and scalable hospitality platform.

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Migsun Group
Real Estate

Migsun Group Announces 178 Retail Units Allotment for Tower-D at Migsun Lucknow Central

by Construction Xperts
written by Construction Xperts

Migsun Group successfully conducted the allotment of retail units in New Tower-D at its flagship commercial development, Migsun Lucknow Central. The event held at the Taj Mahal Hotel, Lucknow, witnessed strong participation from investors and business owners.

The allotment event marks a significant milestone for the development, with 178 of the retail units allotted during the process. Tower-D, designed as part of a larger integrated commercial ecosystem, drew interest from a diverse mix of buyers, including local entrepreneurs, regional retailers, and investors looking to tap into Lucknow’s evolving consumption landscape.

Speaking on the occasion, Yash Miglani, Managing Director, Migsun Group, said, “The response to Tower-D has been extremely encouraging and reflects a larger shift we are witnessing in markets like Lucknow. Retail today is about creating the right environment for businesses to thrive. Buyers are increasingly looking at long-term value, steady footfall, and locations that can support evolving consumer behaviour. With Migsun Lucknow Central, our focus has been on developing a destination that brings together accessibility, visibility, and a well-curated retail mix. This allotment is an important milestone, and we remain committed to delivering a development that contributes meaningfully to the city’s growing retail ecosystem.”

Positioned along Shaheed Path, Migsun Lucknow Central has been conceptualised as a high-street retail destination, combining strategic location advantages with modern design and strong visibility. The project is designed to cater to the city’s growing demand for organized and experience-driven retail formats.

The allotment process was conducted in a transparent and streamlined manner, with participation from over 700 attendees. The strong response underscores Lucknow’s emergence as a promising destination for commercial real estate investment, supported by infrastructure upgrades and a steadily expanding urban catchment.

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buildAHome
Real Estate

From 10 to 1,700 Homes: buildAHome Marks 10 Years of Redefining Home Construction

by Construction Xperts
written by Construction Xperts

Marking a decade of steady disruption in India’s largely unorganised home construction sector, buildAhome on Friday announced the completion of 10 years of operations, highlighting its journey from a four-member startup to a multi-city player that has crossed 1,700 home bookings and delivered a growing portfolio of sustainable homes.

Founded in April 2016, the company began with just 10 homes, including one green home project that laid the foundation for its long-term focus on sustainable construction. Over the next decade, buildAhome scaled its operations across Karnataka and Tamil Nadu, expanding to at least eight cities and steadily increasing project volumes amid rising demand for organised construction services.

The company’s growth trajectory reflects a shift in consumer preference towards integrated, end-to-end home construction platforms that offer greater transparency in cost, timelines, and quality. From managing 20 ongoing projects in its early years, buildAhome went on to achieve a milestone of 100 homes by 2019–20, before crossing 1,700 bookings in 2025–26.

Its workforce has expanded in parallel, growing from just four employees at inception to over 200 team members, signalling both operational scale and increasing market acceptance. The company has also delivered more than 50 green homes, reinforcing its positioning in sustainable residential construction, a segment gaining traction among urban homeowners.

In 2021–22, buildAhome launched a dedicated experience centre in Bengaluru, showcasing over 1,000 construction materials under one roof. The facility was aimed at addressing a critical gap in the traditional construction process — limited visibility for homeowners on material quality and selection by enabling informed decision-making at every stage.

The company’s sustainability efforts have also received industry recognition, with its project ‘Urvi’ earning Platinum Certification from the Indian Green Building Council, underscoring its commitment to environmentally responsible construction practices .

As part of its brand-building strategy, buildAhome recently onboarded former India captain Rahul Dravid as its brand ambassador, aiming to strengthen trust and credibility in a sector often challenged by execution inefficiencies.

Rahul Dravid said, “What stands out to me in this journey is how something that started small has been built with clarity and consistency into something that genuinely makes a difference. In any field—whether it is sport or business—values like discipline, reliability, and delivering on your promises over time are what create trust. The focus on improving continuously, adapting, and striving for better outcomes is what sustains long-term growth. Reaching this milestone of 1,700 homes reflects that commitment. But more importantly, it sets the foundation for what comes next. Ten years is a significant milestone, but it should also be seen as the starting point for building something even more impactful in the years ahead.”

Commenting on the milestone, Abhijith Ramapriyan, CEO, buildAhome, said the company’s journey reflects a larger shift in how homes are being built in India. “From a small team handling a handful of projects to delivering hundreds of homes, our focus has been to simplify construction and bring transparency at every step. Crossing 1,700 bookings is not just a number, but a reflection of the trust homeowners place in us,” he said.

Looking ahead, he said the company aims to further scale its footprint while strengthening its core proposition. “As we enter our next decade, we will continue to focus on innovation, sustainability, and delivering a seamless home-building experience that removes uncertainty from the process,” Ramapriyan added.

With expansion into newer markets such as Coimbatore and a growing portfolio of green and customised homes, buildAhome is positioning itself to capture rising demand from urban homeowners seeking reliability, quality, and accountability in construction—an area that is increasingly moving towards organised, technology-driven solutions.

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Embassy
Real Estate

NCLAT Rules in Favour of Embassy Developments; Insolvency Proceedings Quashed

by Construction Xperts
written by Construction Xperts

Embassy Developments Limited (“the Company”) today announced that it has secured a favourable judgement from the Hon’ble National Company Law Appellate Tribunal (“NCLAT”), New Delhi, which has set aside the earlier National Company Law Tribunal, New Delhi (NCLT) order admitting insolvency proceedings against the Company, thereby quashing the Corporate Insolvency Resolution Process (“CIRP”).

Pursuant to the NCLAT’s order:

  • The impugned order dated December 9, 2025, passed by the NCLT, admitting CIRP against the Company has been set aside;
  • The CIRP initiated against the Company stands quashed and closed;
  • The interim protection granted earlier stands subsumed into the final judgment; and
  • All directions arising from the NCLT order stand terminated and disposed of.

Accordingly, the Company stands fully relieved from all insolvency proceedings.

The Company reiterates that it remains financially sound and continues to operate in the normal course, with no impact on its business operations, projects, or stakeholders. This is further reflected in the Company’s strong operational performance in FY26, during which Embassy Developments recorded pre-sales of approximately ₹4,600 crore, including its highest-ever quarterly bookings in Q4, underscoring sustained demand and execution momentum.

Commenting on the development, Jitu Virwani, Chairman, Embassy Developments Limited, said, “We welcome the Hon’ble NCLAT’s order, which upholds our position. This was a legacy issue whereby a letter by Indiabulls Real Estate to fund any shortfall in equity for a past affiliate has been misconstrued and misrepresented as a corporate guarantee. We pursued the appeal with full confidence in the strength of our case. We are aware of the pain this issue has caused our shareholders and welcome the relief this brings to the shares of the Company. Our business and operating performance has performed strongly throughout this period, reflecting the resilience of our platform and the strength of our underlying fundamentals.”

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