02 May 2026

The CREDAI–Liases Foras report on India’s residential real estate market shows strong value-led growth across 50 major cities during 2025. Primary sales reached 614,218 units with a total value of INR 8.46 lakh crore, marking a 16% rise in value terms compared to the previous year. Premium housing continued to dominate, with properties above INR 1 crore contributing 78% of total sales value. The report also highlights steady price appreciation in key cities, balanced supply conditions, and the growing economic role of real estate, which now contributes 7.1% to India’s GDP.Read more

02 May 2026

Alliance City Developers Realtors Pvt. Ltd. has reported a development milestone with 19 residential projects across Mumbai over more than a decade, including 12 completed, seven ongoing, and three upcoming developments. Operating in micro-markets such as Matunga, Vile Parle, Santacruz, Malad, Borivali, and Mulund, the developer has delivered over 1.2 million sq ft of housing and handed over homes to more than 700 families. The company continues to focus on redevelopment-led projects with a defined execution timeline, supported by an active pipeline of ongoing and planned developments. Several projects are approaching completion, while new launches are being planned in established residential locations, indicating continued expansion in Mumbai’s redevelopment segment.Read more

02 May 2026

Signature Global has entered into a partnership with Tonino Lamborghini to develop branded residences in Gurugram, marking the Italian brand’s entry into India’s residential real estate sector. The collaboration was formally unveiled at a high-profile event attended by industry stakeholders and company leadership from both sides. The proposed development, located along the Southern Peripheral Road, will comprise over 800 premium residences in multiple configurations, targeting the city’s growing luxury housing demand. Industry observers indicated that the project reflects a rising trend of global luxury collaborations in Indian real estate, particularly in key markets such as Gurugram. The initiative is expected to strengthen the positioning of branded residences, supported by evolving buyer preferences for design-led, globally benchmarked living experiences.Read more

Mumbai News Desk

01 May 2026

A redevelopment proposal at the Bombay Taximen’s Cooperative Housing Society in Kurla, Mumbai, has triggered internal conflict among residents following the selection of Syba Spaces as the developer. The 8.5-acre housing complex near Bandra-Kurla Complex includes over 650 residential units and commercial spaces. Allegations of lack of transparency, quorum issues, and procedural violations during the special general meeting have been raised by dissenting members. The dispute highlights governance challenges in large-scale housing society redevelopments in Mumbai’s prime urban locations.Read more

01 May 2026

Omaxe Group has planned an investment of INR 250 crore to develop its premium residential project ‘Omaxe Cassia’ in Lucknow. The project is part of the larger 690-acre Omaxe Metro City township located on Raebareli Road. The company has already recorded strong initial sales, with around 300 units sold out of a total 360 units. The development is aligned with the company’s ongoing expansion strategy in key urban markets. Established in 1987, Omaxe has built a significant presence across India with large-scale residential and commercial developments across multiple states.Read more

Mumbai News Desk

01 May 2026

A proposal of INR 3.4 crore to renovate the Mumbai mayor’s official residence in Byculla has been placed before the civic standing committee, raising concerns over high spending. The heritage bungalow, located inside Veermata Jijabai Bhosale Botanical Garden, is structurally sound but is set for extensive interior upgrades. RTI activist Anil Galgali has questioned the need for such costs, highlighting recent repairs and low maintenance spending in past years. The proposal includes new rooms, modern fittings and design upgrades, bringing focus back on transparency and prioritisation of civic funds.Read more

01 May 2026

House of Hiranandani has secured redevelopment rights for an approximately 3-acre land parcel in Borivali West, Mumbai, where it plans to develop a premium residential project. The project is expected to generate around INR 3,000 crore in revenue from a saleable carpet area of 7.6 lakh sq ft. The development will include rehabilitation for existing residents alongside over 850 new homes for sale. The project reflects continued redevelopment-led supply in Mumbai’s suburban markets, where land availability remains constrained and developers are increasingly relying on redevelopment opportunities to expand their portfolios.Read more

01 May 2026

The Telangana government is set to increase property registration values from the first week of May after holding rates steady for about a year due to weak market conditions. The revision aims to align government values with actual market prices and improve state revenue. At the same time, the government is reviving the Hyderabad Industrial Land Transformation (HILT) policy to enable conversion of industrial land through a structured process. While the move may raise transaction costs for buyers, it is expected to improve transparency and support better land utilisation across urban and industrial areas.Read more

01 May 2026

Gurugram Police have arrested two individuals, including a director of CKC Infra Company, for allegedly defrauding investors through fake real estate projects in Gurugram and Noida. The accused reportedly used forged documents and false assurances to raise nearly INR 5.5 crore. The land shown to investors, particularly near Aparna Ashram, was under dispute and in government possession, making development impossible. The case also involves falsified agreements and diversion of funds. Authorities are continuing their investigation to trace more victims and examine the financial trail linked to the fraud.Read more

30 Apr 2026

The Enforcement Directorate has provisionally attached assets valued at over INR 1,100 crore belonging to Raheja Developers, its promoters, and related entities in connection with a money-laundering investigation linked to alleged fraud against homebuyers. The action follows recent searches and stems from multiple FIRs filed by the Economic Offences Wing. The agency has alleged diversion of funds collected from over 4,600 buyers across residential projects. Raheja Developers has denied the allegations, citing a RERA-supervised forensic audit and attributing project delays to infrastructure gaps in Gurugram.Read more

30 Apr 2026

Cityvarasto Oyj has acquired a property company in Turku, Finland, from an international investor, strengthening its real estate portfolio. The deal includes leasehold rights to a land parcel of around 15,000 square metres along with seven buildings located on the site. The acquisition aligns with the company’s ongoing strategy of expanding its storage and logistics footprint across key Finnish cities. While financial details were not disclosed, the transaction reflects continued investor interest in Nordic real estate assets, particularly in segments supported by stable demand such as storage and light industrial spaces.Read more

30 Apr 2026

The Enforcement Directorate has carried out fresh searches at premises linked to Raheja Developers in Delhi-NCR as part of an ongoing money laundering investigation tied to alleged fraud involving homebuyers. The action covers around seven locations and relates to claims of non-delivery of flats in the Raheja Revanta project. The agency had previously conducted searches in the same matter in the past year. The developer has denied any wrongdoing, stating that funds have not been diverted and attributing project delays to lack of supporting government infrastructure. The case highlights continued regulatory scrutiny of delayed housing projects and developer accountability in the NCR market.Read more

30 Apr 2026

Germany’s housing market saw continued pressure on tenants over the past quarter, with rents rising steadily even as property prices showed limited movement. Data from the IW Housing Index indicates that demand in urban and suburban areas remains strong, particularly in commuter belts of major cities. While rental growth stayed firm across most regions, property prices reflected a more cautious trend, with only marginal quarterly increases and mixed annual performance across cities. The divergence highlights ongoing affordability concerns for tenants and a stabilising phase for buyers following recent market corrections.Read more

29 Apr 2026

Meghna Infracon Infrastructure Ltd has announced plans to invest around INR 500 crore to redevelop five housing projects across the Mumbai Metropolitan Region. The projects, located in the western suburbs and Thane, are expected to generate nearly INR 600 crore in revenue. The developments will include 320 units, with around 200 units available for sale. The Bharti CHS project in Bandra West will be the largest, with a projected revenue potential of INR 240 crore. The move reflects the growing focus on redevelopment projects in MMR after the pandemic.Read more

29 Apr 2026

The Karnataka Housing Board (KHB) has proposed a 92-acre residential layout in Belagavi’s Honnihal village to cater to rising demand for affordable housing. The project, its first major development in the city in nearly a decade, is currently awaiting state approval. Once cleared, it will move into public consultation and land acquisition stages under existing legal provisions. The initiative aims to create planned housing with basic infrastructure while ensuring fair compensation and rehabilitation for landowners, reflecting the state’s continued focus on expanding organised housing supply in emerging urban centres.Read more

29 Apr 2026

The Kanpur Development Authority (KDA) has reduced prices of 5,600 unsold flats across 10 housing schemes to address long-pending inventory and improve sales. Prices have been brought down to 2018 levels, with a cut ranging from 4.6% to 23.19%, and units now priced between INR 8.86 lakh and INR 28.50 lakh. Buyers can take possession by paying 20% for EWS units and 25% for others. The authority expects to generate around INR 1,400 crore and has also approved a higher budget along with key infrastructure and planning decisions.Read more