2 hours ago

UK homebuilder Bellway has reported a moderation in customer demand after a strong start to the spring selling season, as rising fuel and energy costs continue to pressure the housing sector. The company said higher construction expenses and softer buyer activity, driven partly by elevated mortgage rates, are creating a more challenging operating environment. Despite these headwinds, Bellway has maintained its full-year operating profit and housing delivery forecasts. The company also highlighted uncertainty surrounding global geopolitical developments and the domestic political landscape, which could influence market conditions in the months ahead.Read more

4 hours ago

The Odisha government has approved a reduction in stamp duty for Economically Weaker Section (EWS) housing, providing relief to lower-income homebuyers and reinforcing its affordable housing agenda. The decision comes amid concerns that recent changes to apartment registration and stamp duty provisions could increase transaction costs for affordable housing purchasers. The revised framework is intended to lower the upfront cost of homeownership for economically vulnerable households while supporting housing accessibility across the state. The measure forms part of a broader set of reforms undertaken by the state government in recent months to streamline apartment registration, simplify common-area ownership transfers and improve transparency in property transactions. The move is expected to benefit beneficiaries of affordable housing schemes and first-time homebuyers within the EWS category.Read more

7 hours ago

Indore has retained its position as the highest contributor to property registration revenue in Madhya Pradesh, reflecting sustained real estate activity despite rising property valuations and a moderation in transaction volumes. Data from the state registration department shows the city generated the largest share of stamp duty and registration collections among districts in the state. The performance comes amid significant appreciation in collector guideline rates across several micro-markets and continued demand for residential and commercial assets. Officials attribute the strong revenue generation to high-value transactions, infrastructure-led growth and ongoing urban expansion. The figures underline Indore’s growing significance within Madhya Pradesh’s property market and its role as a key source of revenue for the state government.Read more

9 hours ago

• The Bombay High Court has clarified that homebuyers are entitled to receive interest for every month of delay in possession under the provisions of RERA.
• The ruling strengthens consumer protections by ensuring compensation is linked to the actual period of delay.
• The decision is expected to have significant implications for ongoing and future disputes involving delayed housing projects.
• Legal experts believe the judgment reinforces the accountability framework established under the Real Estate (Regulation and Development) Act.Read more

11 Jun 2026

ASK Property Fund has launched its fourth real estate debt fund with a target corpus of INR 3,500 crore, aimed at financing mid-income residential projects across six major Indian property markets. The fund, named ASK Real Estate Special Situations Fund IV, will raise capital from domestic and offshore investors and provide funding for project completion, lender replacement, acquisitions and distressed asset opportunities. Backed by a track record of 40 completed exits and strong returns from previous debt funds, the platform is targeting investment-level returns of 20 per cent. The launch comes as residential developers continue to seek structured capital solutions amid sustained housing demand and ongoing consolidation across key urban markets.Read more

11 Jun 2026

Godrej Properties has recorded sales of more than 1,000 apartments worth over INR 2,000 crore in the launch week of its newly unveiled residential project, Godrej Vanantara, in Bengaluru. The strong response comes shortly after the project's launch and highlights sustained homebuyer demand in Bengaluru's residential market. Spread across 36 acres, the development has a total developable area potential of 3.53 million sq ft and an estimated revenue potential of INR 3,700 crore. The performance adds to Godrej Properties' growing presence in key housing markets across India.Read more

11 Jun 2026

• Bihar is preparing to launch a paperless property registration system to reduce paperwork and simplify land and property transactions.
• The new system is expected to allow citizens to complete most registration-related formalities digitally, reducing visits to sub-registrar offices.
• The initiative is part of the state's wider digital governance push, which includes online registration services, e-stamping and integrated land records management.
• Recent reforms such as doorstep property registration for senior citizens and automatic mutation systems have already strengthened Bihar's land administration framework.
• The move is aimed at improving transparency, reducing processing time and making property registration more efficient for buyers and sellers.Read more

11 Jun 2026

The Karnataka government has handed over houses to 427 families in Madikeri, providing permanent shelter to beneficiaries under a state-supported housing programme. The initiative is aimed at improving housing access for economically weaker families and those in need of secure accommodation. The housing distribution is part of the state's broader affordable housing and social welfare efforts. With the latest allotment, the government has taken another step towards addressing housing shortages in the region, while helping beneficiary families gain better living conditions, residential security and long-term stability.Read more

10 Jun 2026

Godrej Properties has reported home sales worth more than INR 20 billion at the launch of its residential project, Godrej Vanantara. The strong response highlights sustained demand for residential housing despite evolving market conditions. The sales achievement adds to the company's growing portfolio of successful project launches and reflects continued buyer interest in branded developments offered by established developers. The performance is also in line with the broader trend of healthy residential demand seen across key Indian property markets, where end-users and investors continue to drive sales in newly launched projects.Read more

10 Jun 2026

• A fatal incident in a Greater Noida housing society has raised concerns over structural safety in high-rise residential buildings.
• Authorities have ordered a structural audit of the affected residential complex following the accident.
• Residents staged protests, demanding accountability and immediate safety inspections across the project.
• The incident has reignited discussions around maintenance standards and long-term building safety in NCR's housing sector.Read more

10 Jun 2026

Polish residential developer Robyg is preparing to launch an initial public offering (IPO) on the Warsaw Stock Exchange as it looks to support its next phase of growth. The company expects to raise around USD 109 million through the issue of new shares, with the proceeds primarily earmarked for expanding its land bank and advancing residential developments across Poland. Existing shareholder TAG Beteiligungs- und Immobilienverwaltungs will also sell part of its stake during the offering while retaining majority ownership. The IPO will include a retail investor component, with 10% of the offered shares reserved for individual investors.Read more

09 Jun 2026

• NFHS-6 (2023–24) data indicates a rise in the proportion of women in Karnataka who own a house and/or land, either independently or jointly with others.
• The survey points to growing participation of women in property ownership compared with previous survey rounds conducted in the state.
• Karnataka's ownership figures remain higher than several national indicators relating to women's asset ownership and financial inclusion.
• The findings highlight changing patterns of household asset ownership and greater representation of women in property holdings across urban and rural areas.Read more

Hyderabad News Desk

09 Jun 2026

Property registration charges have increased significantly across several of Hyderabad's major growth corridors following the Telangana government's revision of market values that came into effect on June 5. The sharpest increases have been recorded in rapidly developing locations such as Kokapet, Neopolis, Financial District, Narsingi and surrounding micro-markets, where land values and real estate activity have surged in recent years. The revised rates are expected to raise transaction costs for buyers while aligning government valuations more closely with prevailing market prices across the city's high-demand property markets.Read more

09 Jun 2026

• The Maharashtra government has taken a major step towards regularising unauthorised properties in Ulhasnagar that existed before January 1, 2011.
• A high-level meeting at Mantralaya reviewed pending issues and proposed measures to simplify the ownership regularisation process.
• The government is considering reducing regularisation charges from 10% to 5% of the Ready Reckoner value and removing the requirement for a D Certificate.
• A dedicated task force will be set up to speed up approvals and issue ownership documents to eligible property holders.
• The move is expected to benefit lakhs of residents by providing legal ownership rights and enabling redevelopment of old and dilapidated buildings.Read more