24 Apr 2026

Manasum Senior Living plans to invest approximately INR 150 crore to develop a senior living project in Chennai, marking its continued expansion in India’s organised senior housing segment. The project, to be developed in collaboration with VNCT Global, will span 4.5 acres and include 92 villas and 36 apartments. Unit configurations range from sub-1,000 sq ft villas to compact 1BHK apartments, targeting independent senior residents. Alongside this development, the company has outlined a broader investment plan of INR 550 crore to expand its footprint across South and West India. The move comes amid growing demand for structured senior living communities, driven by demographic shifts, evolving family structures, and increasing preference for managed residential formats among ageing populations.Read more

24 Apr 2026

Vedaanta Senior Living plans to invest around INR 200 crore in Kerala over the next three years as part of its expansion strategy in the senior housing segment. The company has launched a new project, Eden Gardens, in Ettumanoor near Kottayam with an initial investment of INR 50 crore. The development includes villas and apartments targeting senior residents, with prices starting from INR 76 lakh. The expansion builds on the company’s existing presence in Kochi and Guruvayur, reflecting growing demand for organised senior living communities in southern India.Read more

23 Apr 2026

Canada’s housing starts recorded a decline in the past month, going against market expectations of an increase. Data released by the Canada Mortgage and Housing Corporation showed a 6 per cent drop compared to the previous month, with the annualised pace falling below economist estimates. The slowdown reflects a weaker-than-expected construction trend despite earlier momentum. The revised figures for the previous month were also highlighted, indicating that while activity had been stronger earlier, the latest data points to some moderation in residential development across the country.Read more

23 Apr 2026

Imperial Realty and Developments has introduced Auramah Valley, a luxury second-home project in Himachal Pradesh, targeting growing demand from high-net-worth individuals (HNIs) and non-resident Indians (NRIs). Spread across over 100 acres of pine forest, the development offers 2 to 5 BHK residences with freehold ownership and RERA approval. The project integrates residential, hospitality and managed services, including a boutique hotel and lifestyle facilities, reflecting a shift towards “parallel living” formats. The launch comes amid increasing preference for domestic second homes, driven by urban stress, lifestyle shifts and regulatory complexities in overseas markets. The developer aims to position the project as a fully serviced, long-term residential ecosystem within India’s emerging luxury mountain housing segment.Read more

23 Apr 2026

Sunteck Realty Ltd reported a 27% year-on-year increase in consolidated net profit at INR 63.75 crore for the March quarter of FY26, supported by higher income growth. Total income for the quarter rose to INR 348.88 crore from INR 217.83 crore in the corresponding period last year. For the full financial year, net profit increased to INR 204.36 crore, reflecting a 36% rise, while total income grew to INR 1,168.62 crore from INR 902.67 crore in FY25. The performance indicates continued momentum in revenue realisation for the Mumbai-focused developer, amid steady demand in the residential real estate segment.Read more

23 Apr 2026

Shapoorji Pallonji Real Estate (SPRE) will host a two-day property expo in Gurugram, bringing together residential projects from six major Indian cities, including Mumbai, Pune and Bengaluru. The event will showcase a range of offerings spanning apartments, villas and plots, with ticket sizes ranging from INR 60 lakh to INR 25 crore. The initiative comes amid sustained investor interest and evolving buyer preferences towards multi-city investment opportunities. The expo is designed to enable prospective buyers to evaluate projects across markets, engage with developers and access advisory support at a single platform. The company expects participation from both end-users and investors, reflecting continued traction in residential real estate demand.Read more

22 Apr 2026

Prestige Estates Projects Ltd has reported strong initial sales for its newly launched residential project in Hyderabad, indicating sustained housing demand in the city. The company sold more than 1,700 units within a short span, generating over INR 2,500 crore in sales value. The project has a large development scale and is expected to contribute significantly to the company’s future revenue pipeline. This performance also builds on the firm’s record sales bookings achieved in the previous financial year, reflecting consistent buyer interest across key markets.Read more

Mumbai News Desk

22 Apr 2026

The Maharashtra Housing and Area Development Authority has proposed a large-scale redevelopment covering 923 acres across several housing layouts in Mumbai. The plan is aimed at upgrading ageing colonies and rehabilitating over 75,000 residents once the projects are completed over the next 5 to 10 years after execution. The redevelopment will be implemented through a construction and development agency model, while MHADA remains the planning authority. Key areas include Charkop, Gorai, Bandra Reclamation, Motilal Nagar and others, with in-situ rehabilitation planned for eligible residents.Read more

22 Apr 2026

Gautam Adani-led Adani Group will receive 17 lakh sq m of free sale area in the 143-acre Motilal Nagar redevelopment project in Goregaon, Mumbai, with total investment estimated at INR 1 lakh crore. The project, to be executed over 10–15 years, will generate 28 lakh sq m of built-up space, with over 10.5 lakh sq m allocated for rehabilitation of existing residents and MHADA. The development, awarded under the CD&A model, will include mixed-use components and is expected to significantly increase housing supply, while rehabilitating 5,000 tenements and expanding occupancy to around 25,000 families.Read more

21 Apr 2026

BPTP Ltd has announced a significant expansion in the Delhi-NCR real estate market with a planned investment of around INR 1,100 crore for a luxury residential project in Faridabad. The company has launched its new project named ‘Skynest’ in Sector 80, Greater Faridabad, which will include 325 residential units. The project is expected to generate a total revenue of nearly INR 1,800 crore, with apartment prices starting at around INR 5 crore. While the company has not officially disclosed the total cost, regulatory filings indicate a project cost close to INR 1,100 crore.Read more

20 Apr 2026

Wereldhave Belgium reported a rise in its net rental income for the first quarter, reflecting improved operational performance across its portfolio. The company's income grew by 23 per cent year-on-year, reaching EUR 21.9 million. Its financial position remained stable, with the EPRA debt ratio standing at 31.1 per cent at the end of the quarter. The company has retained its full-year outlook for net results from core activities, projecting earnings in the range of EUR 5.20 to EUR 5.30 per share, indicating confidence in steady performance.Read more