15 Mar 2026

Inspira Realty, a subsidiary of Inspira Global, has launched its luxury residential project Inspira One at Bandra Bay in Mumbai with an estimated gross development value (GDV) of around INR 1,000 crore. The project features 3 and 4 bedroom residences and has been designed through collaborations with international architecture and design firms. Architecture and fade design have been led by AXS Design under designer Yann Leroy, while interiors are curated by Studio HBA of Hirsch Bedner Associates. Landscape planning has been undertaken by Site Concepts International Inc. The development is positioned as a design-led luxury residential project and forms part of Inspira Realty's strategy to expand its presence in Mumbai's premium housing segment. Located in the Bandra Bay area, the project incorporates amenities such as rooftop recreational spaces and dedicated lifestyle facilities.Read more

15 Mar 2026

The Uttar Pradesh government has approved a new affordable housing policy aimed at increasing housing supply for economically weaker sections and middle-income families in urban areas. The policy supports the Affordable Housing in Partnership and Affordable Rental Housing components under Pradhan Mantri Awas Yojana Urban 2.0. Beneficiaries will receive INR 1.5 lakh assistance from the central government and INR 1 lakh from the state government. Developers will receive exemptions on several project-related charges, while homebuyers will get stamp duty relief. The policy also introduces a structured rental housing model to support urban workers and low-income households.Read more

15 Mar 2026

Sanghvi Realty has received the completion certificate for Sanghvi Aria, its boutique residential project located in Prabhat Colony, Santacruz East. The development comprises 51 one- and two-bedroom apartments across two G+7 buildings on a 0.5-acre plot. With the completion certificate in place, the project is ready for possession, offering homebuyers a ready-to-move option in a well-connected western suburb of Mumbai. Apartment carpet areas range from 457 sq ft to 741 sq ft, with one-bedroom units priced from INR 1.56 crore. The project is located close to key transport and commercial hubs, including Bandra Kurla Complex, the Western Express Highway and the city's airport, making it attractive for professionals and families seeking connectivity and established social infrastructure.Read more

15 Mar 2026

The rapid transformation of Dwarka Expressway is prompting developers such as MRG Group to expand their focus on premium residential projects along the corridor. Once considered a peripheral stretch in Gurugram, the 29-km expressway connecting Delhi's Dwarka with Gurugram has emerged as one of NCR's most significant infrastructure corridors, improving connectivity to key residential sectors and the Indira Gandhi International Airport. Strong infrastructure development, rising interest from affluent buyers and growing transaction values in the luxury housing segment are driving this shift. Industry reports show that luxury home sales in Gurugram have surged significantly, with Dwarka Expressway recording a dramatic rise in transaction activity. Developers are increasingly focusing on low-density, lifestyle-oriented communities that cater to evolving homebuyer expectations.Read more

14 Mar 2026

Arvind SmartSpaces Limited has acquired a new residential high-rise development project in Whitefield, Bengaluru, with an estimated saleable area of about 2.5 lakh sq ft and a projected revenue potential of around INR 330 crore. The project, located in the Nagondanahalli area, spans 2.08 acres and has been acquired on an outright basis. The acquisition follows the company's earlier high-rise project addition on Sarjapur Road earlier this year, reinforcing its expansion in Bengaluru's residential market. This will be Arvind SmartSpaces 11th high-rise development in the city. The company entered the Bengaluru market in 2013 and has since added 15 projects across the region, with six developments delivered and nine currently under development. The project addition contributes to the developer's expanding vertical development portfolio during the current financial year.Read more

14 Mar 2026

Mumbai-based developer Chandak Group has launched a limited-period homebuying scheme across five of its residential projects in the city to coincide with the Gudi Padwa festival and the company's 40th year of operations. The initiative introduces a 40:60 developer subvention structure under which buyers pay 40% of the property value upfront while the remaining 60% is deferred until possession. The offer applies to projects located in Chembur East, Vile Parle West, Andheri East, Malad West and Borivali East and will remain valid until March 31, 2026, after which the effective prices of residences in these developments are scheduled to increase from April 1. The scheme is aimed at improving affordability and easing near-term financial commitments for homebuyers considering premium residences in Mumbai's established residential micro-markets.Read more

14 Mar 2026

The Uttar Pradesh government has approved INR 425 crore under the Chief Minister New Township Scheme to promote structured township development in eight cities: Bareilly, Varanasi, Orai, Chitrakoot, Banda, Pratapgarh, Ghazipur, and Mau. The funding will act as seed capital, covering up to 50 percent of land acquisition costs over 20 years, helping local authorities plan and develop residential and mixed-use townships. The initiative is part of the state's broader urban growth strategy to manage increasing populations, improve housing infrastructure, and guide orderly urban expansion.Read more

14 Mar 2026

An ultra-luxury apartment in Aman Residences Dubai on the Jumeirah Peninsula has been sold off-plan for AED 422 million (about $115 million), underscoring strong investor confidence in Dubai's high-end real estate market. The 31,201 sq ft residence was sold at AED 13,525 per sq ft, according to transaction data from DXBinteract, developed in partnership with the Dubai Land Department. The deal was confirmed by fm Properties, which described the sale as a major indicator of continued demand from global ultra-high-net-worth buyers. Industry experts say Dubai's property market is supported by strong fundamentals, including growing end-user demand, diversified international buyers and a mature regulatory environment. The record-value transaction highlights Dubai's status as a leading global destination for luxury property investment despite geopolitical uncertainties in the region.Read more

14 Mar 2026

Real estate developer Casagrand has launched Casagrand Spacio, a premium European-styled independent villa community in Tiruppur. Located on Poondi Ring Road in Chettipalayam, the 2-acre low-density development will feature 20 ultra-luxury 4BHK villas ranging from 3,458 to 3,502 sq ft. Each residence includes an 800 sq ft private garden, provision for an in-villa lift, and access to 18 curated lifestyle amenities. The project dedicates 65% of its total area to open spaces and greenery, offering residents a spacious and tranquil living environment. Prices for the villas start at INR 2.49 crore. The project is registered under Tamil Nadu Real Estate Regulatory Authority with RERA number TNRERA/32/BLG/0055/2026, reinforcing regulatory compliance and transparency.Read more

13 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) is nearing the completion of 906 rehabilitation flats for families affected by the Goregaon-Mulund Link Road (GMLR) project in Mumbai. Built across seven residential buildings at Kanjurmarg West, each unit is around 300 sq ft and includes basic living facilities. In the first phase, 252 families are expected to be relocated once construction is completed by the end of March. The project also includes community amenities such as a market, health centre, library, and sewage treatment plant to support residents.Read more

13 Mar 2026

Raymond Realty has launched a new residential development in Thane within the Mumbai Metropolitan Region (MMR), expanding its housing portfolio in one of the region's fastest-growing micro-markets. The project, named & Ten X District 9, is being developed on a 9-acre land parcel and carries an estimated revenue potential of about INR 2,000 crore. The announcement was made through a regulatory filing earlier this week. The development forms part of the company's broader strategy to strengthen its residential presence in Thane, where Raymond Realty has already established multiple projects under its integrated township framework. The company, which is part of the Raymond Group, continues to scale its real estate operations in the MMR housing market, focusing on large residential developments that cater to the growing demand for organised housing in suburban locations.Read more

12 Mar 2026

Embassy Developments Ltd has achieved a significant milestone at its Embassy Verde Phase II project in Embassy Springs, selling over 500 residential units in just four days. The sales generated approximately INR 4.95 billion, reflecting strong demand in the region. This performance highlights the growing appeal of Embassy Springs among homebuyers seeking modern residential communities. The swift uptake indicates confidence in the developer's projects and the location's potential. Embassy Developments continues to expand its footprint in residential real estate, building on previous successful launches in the area.Read more

Mumbai News Desk

12 Mar 2026

Investment manager Arnya Real Estates Fund Advisors and Mumbai-based developer Supreme Universal have secured commitments of about INR 1,030 crore for their Arnya Real Estate Fund � Equity, marking the first close of the investment platform launched in November 2025. The Sebi-registered Category II alternative investment fund has a target corpus of INR 1,250 crore and will focus primarily on residential redevelopment opportunities in Mumbai, while also evaluating projects in Pune. Capital has been raised from a mix of domestic and offshore investors, including family offices and high-net-worth individuals, with around INR 220 crore committed by the sponsors themselves. The fund will deploy equity capital into redevelopment-led housing projects, with individual investments expected to range between INR 80 crore and INR 200 crore across several transactions currently under evaluation.Read more

Goa News Desk

12 Mar 2026

The Goa government has introduced stricter compliance requirements for property owners by notifying the Goa (Verification of Tenants) Rules, 2026 under the Goa (Verification of Tenants) Act, 2024. The regulations make it mandatory for landlords to verify the identity of tenants and submit their details to the police within a specified timeframe. Failure to comply can result in penalties including imprisonment of up to six months and a fine of up to INR 10,000. The rules apply to residential properties across the state and require landlords to maintain documented records of tenants, including identity details and occupancy information. Authorities indicated that the measure aims to improve public safety and strengthen monitoring of rental housing, particularly in a state with a high volume of domestic and international visitors and a significant number of rented accommodations.Read more

12 Mar 2026

The Haryana Real Estate Regulatory Authority (HRera) has directed Burman Estate Pvt Ltd to pay delay possession interest at 10.80 % per annum to two homebuyers after failing to hand over a serviced apartment in the Gurgaon Spectrum Centre project by the original March 15, 2021 deadline. Although the occupation certificate was issued in late 2024, possession had not been offered. HRera rejected the builder's plea for a second COVID-19 extension, citing that statutory relief had already been availed. Buyers had paid more than the sale consideration and sought multiple reliefs under RERA.Read more