Mumbai News Desk

27 Feb 2026

Devisha Yadav, wife of Indian cricketer Suryakumar Yadav, has acquired a luxury apartment worth INR 7.18 crore in Godrej Sky Terraces, according to recent registration records. The 1,402 sq ft unit, registered in February 2026, includes two car parking spaces and reflects continued interest from high-net-worth individuals in Mumbai's premium residential segments. This purchase adds to the family's existing real estate holdings in the same development, where the couple acquired two larger apartments in March 2025 for around INR 21.1 crore. Stamp duty for the latest transaction was reported at INR 35.90 lakh, with registration charges of INR 30,000. Possession of the new apartment is scheduled for June 2028, underscoring the role of long-term residential investments in the city's eastern suburbs.Read more

27 Feb 2026

Brigade Group has entered into a partnership with Primus Senior Living to develop three senior housing projects across South India, with a combined revenue potential of around INR 750 crore. The projects will be located in Bengaluru and other southern markets, with two developments planned as part of larger integrated townships. Through this collaboration, Brigade aims to expand its senior living portfolio by leveraging Primus' operational expertise in elderly-focused residential communities. The projects build on Brigade's earlier experience in the segment, following the operational success of its Parkside senior living community at Brigade Orchards. The partnership reflects rising demand for organised senior housing, driven by demographic shifts, urbanisation and the need for professionally managed living environments for the elderly.Read more

27 Feb 2026

The Central government has approved 2.88 lakh additional houses under the Pradhan Mantri Awas Yojana Urban 2.0 (PMAY-U 2.0), raising the cumulative sanctioned units under the scheme to over 13.61 lakh across India. The sixth meeting of the Central Sanctioning and Monitoring Committee (CSMC), held in New Delhi on 23 February, sanctioned 2,87,618 units spanning 16 states and union territories. Sanctions were granted under key verticals Beneficiary Led Construction (BLC) (1.66 lakh), Affordable Housing in Partnership (AHP) (1.09 lakh) and Affordable Rental Housing (ARH) (12,846 units) designed to address affordable rental needs. A significant share of the houses has been allotted to women beneficiaries, senior citizens and socially disadvantaged groups. The CSMC also approved demonstration housing projects employing cost-effective construction technologies, and emphasised project localisation near mass transit corridors.Read more

27 Feb 2026

The Vadodara Municipal Corporation (VMC) is facing difficulties in recovering around INR 12 crore in rental dues from leased properties due to missing records. While the corporation maintains registers of 2,737 rented shops, cabins, handcarts, and temporary spaces, many formal agreements, particularly those from before 1983, are unavailable. Over the years, some properties were sublet or transferred permanently for one-time fees without proper documentation. VMC officials have acknowledged the need to update rent structures and enhance collection methods to address this long-standing record gap effectively.Read more

26 Feb 2026

Ajit Jain, Vice-Chairman of Insurance Operations at Berkshire Hathaway and a long-time associate of investor Warren Buffett, has bought a luxury apartment worth INR 85 crore in Gurugram's premium residential project DLF The Camellias. The 7,400 square-foot residence marks one of the high-value transactions in India's ultra-luxury segment and reflects sustained demand among high-net-worth individuals including NRIs for centrally located, amenity-rich housing in the National Capital Region (NCR). The deal is understood to have set an effective rate of around INR 1.10 lakh per square foot for this configuration and was finalised recently when Jain travelled from overseas to complete documentation. Gurugram's super-luxury housing segment has been recording record sales values, further underlining the city's emergence as a preferred address for affluent homebuyers.Read more

25 Feb 2026

Real estate developer BPTP Ltd, through its wholly-owned subsidiary Urban Realtech Pvt Ltd, has entered into a joint development agreement with a landowner to build an 11-acre residential group housing project in Sector 39, Surajkund, on the outskirts of Faridabad. The venture is planned to deliver a developable area exceeding 2 million square feet, although the company has not disclosed the expected investment or revenue figures. BPTP's chairman and managing director stated that the project forms part of the firm's regional expansion strategy in the Delhi-NCR market, highlighting Surajkund's growing appeal driven by improving connectivity and evolving residential demand. The joint development model is intended to optimise landowner returns while enabling the developer to focus on project execution. This initiative adds to BPTP's portfolio of residential and commercial developments across north India.Read more

25 Feb 2026

Survivors of the devastating Mundakkai-Chooralmala landslides in Wayanad district, Kerala, have taken a significant step towards permanent resettlement by selecting new homes in a government-built township through an emotional draw of lots. In the first phase, 178 families who lost their homes in the disaster participated in the draw to choose plots and houses constructed under the township project at Elstone Estate, Kalpetta, designed to accommodate displaced families. Beneficiaries received coded slips indicating their allotted houses across multiple zones. Many expressed relief at securing permanent shelter after more than 18 months in rented accommodation, while some noted ongoing challenges in rebuilding livelihoods. The township development remains under construction, with formal handover of house keys scheduled in the coming weeks once infrastructure and finishing work is completed.Read more

24 Feb 2026

The Rajasthan High Court has instructed the Rajasthan Housing Board to take decisive action within three weeks to remove encroachments from 87 illegal colonies in the Sanganer area of Jaipur, a bench ruling earlier this week. The directive follows a public interest petition alleging that the state government's earlier order to regularise these colonies developed on land acquired by the housing board violated previous court orders and was being improperly implemented. The court warned that the housing board's commissioner must appear personally before the bench if compliance is not achieved within the stipulated timeframe. Petitioners argued that construction in the unauthorised colonies continues unabated and that influential individuals were exploiting enforcement gaps. The original ruling, issued in August last year, had stayed the government's regularisation order and required prompt removal of illegal developments on acquired land.Read more

24 Feb 2026

Average apartment sizes across India's seven largest residential markets have grown by about 17 per cent over the past two years, according to real estate data compiled by industry consultants. The increase reflects a shift towards larger configurations and a growing emphasis on spacious living as demand for premium housing strengthens. Data shows average unit size across these cities expanded from around 1,420 sq ft in 2023 to roughly 1,676 sq ft in 2025, with an 8 per cent rise over the past year alone. Growth patterns vary by city, with regions such as the National Capital Region recording the highest gains, while others like Kolkata have exhibited relatively modest increases. Analysts attribute the trend to changing buyer preferences for bigger homes, particularly in markets where higher-end supply has expanded. The rise in average sizes forms part of broader shifts in urban housing demand, with larger layouts increasingly featured in new launches and project planning.Read more

Bangalore News Desk

24 Feb 2026

Thousands of flats and villas built by the Bangalore Development Authority (BDA) on the outskirts of Bengaluru are facing persistent sales headwinds, with 2,294 units still unsold years after completion despite being priced below comparable private developments. Various attempts to stimulate demand including property exhibitions, bulk-purchase discounts and a 5 per cent rebate on select projects have yielded limited interest, according to local reports. Prospective buyers and existing owners cite inadequate infrastructure and poor connectivity as key deterrents, with many layouts still lacking proper roads, street lighting and essential civic services. Maintenance concerns have also emerged in the absence of functional residents associations, while issues such as seepage in some buildings have further dampened appeal. Even villas launched three years ago have seen only 16 of 100 units sold, underscoring persistent demand challenges for BDA housing stock.Read more

24 Feb 2026

The Maharashtra Real Estate Appellate Tribunal (MREAT) has stayed a recall order passed by the chairperson of the Maharashtra Real Estate Regulatory Authority (MahaRERA) in a long-pending flat possession dispute in Mulund. The tribunal questioned the use of inherent powers to set aside earlier recovery proceedings and flagged the existence of two digitally signed versions of the same order with variations. The matter relates to a flat booked for over INR1 crore with possession promised in 2015. The tribunal has sought clarity on procedural lapses while restoring the position prior to the recall.Read more

24 Feb 2026

Eden Realty Group has launched Eden Devprayag, its first premium riverfront project in Kolkata, as part of a larger INR 5,000 crore plan for riverside residential, retail, hospitality, and commercial developments. The township offers luxury residential towers, a Banaras-style Ganga ghat, a podium club, and terrace amenities with panoramic views. Designed with climate-responsive architecture, green spaces, and water features, it combines urban connectivity with riverfront serenity. Additional projects include a G+18 mass housing development on Kona Expressway and a South Kolkata bungalow project. The group focuses on sustainable, well-being-oriented urban living.Read more

Pune News Desk

24 Feb 2026

Pune's real estate market opened the year with a moderation in recorded transactions, as property registrations in January 2026 declined by 17 per cent on a year-on-year basis, according to a market report by Knight Frank India. Data compiled from the Inspector General of Registration and Controller of Stamps, Maharashtra showed that 14,527 properties were registered in the district during the month, compared with 17,449 in the same month last year. Stamp duty collections weakened by 5 per cent, totaling around INR 609 crore, suggesting that while fewer transactions were recorded overall, higher-value deals helped sustain revenue intake more robustly than volumes. Market observers noted that the slower registration pace follows a high base in early 2025, and that the relatively smaller dip in revenue points to continued traction in mid-to-premium segments. The trend suggests a market recalibration rather than a sharp contraction in demand.Read more