Mumbai News Desk

12 Jan 2026

Ritika Sajdeh, the wife of Indian cricket captain Rohit Sharma, purchased a premium apartment in Prabhadevi, Mumbai, for INR 26.30 crore. The flat, located in Ahuja Towers, spans a carpet area of 2,760.40 sq ft and comes with three car parking spaces. Registration documents show the transaction attracted INR 1.31 crore in stamp duty and INR 30,000 in registration fees, with the sellers listed as Ajinkya DY Patil and Puja Anjinkya Patil. Sajdeh, known for her sports management career, has been increasingly investing in high-value real estate in Mumbai.Read more

Mumbai News Desk

12 Jan 2026

The Maharashtra Real Estate Regulatory Authority (MahaRERA) significantly stepped up its grievance redressal efforts in 2025, resolving 81% more complaints brought by homebuyers compared to the previous year. The regulator disposed of nearly 6,945 cases, up sharply from about 3,824 in 2024, reflecting enhanced responsiveness and faster hearings. However, the number of fresh complaints filed by buyers also climbed by 29%, signalling persistent challenges in project execution and delivery that continue to affect the sector. Despite the rise in grievances, improved scheduling of hearings and streamlined processes helped ensure most complaints registered up to November 2025 either received a hearing date or were already heard. The authority also maintained a higher compliance rate from developers on reporting requirements, further supporting transparency and accountability in the housing market.Read more

Bangalore News Desk

12 Jan 2026

Bengaluru-based Sumadhura Group is set to launch six luxury residential projects across the city's East and North corridors, aiming to generate around INR 10,000 crore in revenue in the current financial year. The projects will span over 8 million sq ft of saleable area and include more than 4,000 apartments along with over 400 plotted development units across roughly 90 acres in micro-markets like Whitefield, Panathur, Marathahalli Thubarahalli, Rachenahalli, and Devanahalli. Three projects have already secured RERA approval, reflecting the group's strong focus on premium housing.Read more

11 Jan 2026

The Allahabad High Court has clarified that landlords in Uttar Pradesh can approach rent authorities for eviction even when there is no written tenancy agreement or when tenancy details have not been submitted to the authority. The court interpreted the Uttar Pradesh Regulation of Urban Premises Tenancy Act, 2021 to mean that procedural gaps do not restrict the authority's jurisdiction. This ruling ensures landlords are not denied remedies due to informal or undocumented rental arrangements, providing clarity and reducing legal uncertainty in tenancy disputes under the Act.Read more

11 Jan 2026

Global demand for prime residential real estate is increasingly being shaped by health, wellbeing and intentional living, as affluent buyers reassess what long-term value truly means. Rather than focusing solely on asset appreciation, buyers are seeking homes that deliver space, privacy, security and a deeper sense of purpose. Lifestyle quality, access to nature and environments that support physical, mental and emotional wellbeing are now central to purchasing decisions, particularly for second homes. Portugal, especially the Algarve region, has emerged as a preferred destination due to its high quality of life, strong connectivity and serene natural settings. Developments that combine thoughtful design, wellness infrastructure and long-term asset durability are resonating strongly with buyers seeking meaningful, experience-led living.Read more

11 Jan 2026

India's premium under-construction housing segment is set to remain buoyant in 2026, supported by strong end-user demand, evolving lifestyle preferences and rising confidence in project execution. The momentum built in 2025 reflected a decisive shift in buyer behaviour, with homebuyers increasingly opting to invest early in high-quality, future-ready developments rather than waiting for completed inventory. Improved regulatory transparency, credible developers, and visible infrastructure progress have reinforced this confidence. Buyers are prioritising larger homes, wellness-oriented amenities, sustainability and long-term liveability over short-term price gains. As infrastructure-led growth corridors continue to reshape key urban micro-markets, under-construction premium housing is emerging as a strategic, end-user-driven segment anchored in real consumption and long-term value creation.Read more

10 Jan 2026

In a significant ruling strengthening homebuyer rights, the West Bengal Real Estate Regulatory Authority (WB RERA) Appellate Tribunal has held that promoters must obtain prior consent from homebuyers before making any changes to common areas of a real estate project. The tribunal clarified that common facilities form an integral part of the agreement with buyers and cannot be altered unilaterally. The decision reinforces transparency and accountability in project development, addressing long-standing complaints from buyers about post-sale modifications. The ruling is expected to set an important precedent, offering greater protection to homebuyers and compelling developers to strictly adhere to approved plans and statutory obligations.Read more

10 Jan 2026

Dubai's record-breaking real estate performance in 2025 is increasingly being viewed as a sign of structural maturity rather than speculative excess. Alongside strong transaction volumes and rising capital gains, the sector has seen a sharp expansion in the number of registered agencies and brokers, pointing to a deeper and more competitive marketplace. Luxury developers note that this evolution is reshaping buyer behaviour, with greater emphasis on credibility, quality and long-term value rather than short-term price momentum. As competition intensifies, buyers are becoming more selective, rewarding projects with strong delivery track records and differentiated offerings. Against this backdrop, leading luxury communities are entering their final sales phases, reflecting sustained confidence in Dubai's residential market as it transitions into a more transparent, disciplined and value-driven investment environment.Read more

Noida News Desk

10 Jan 2026

The Noida Authority has formed a dedicated committee to clear the long-pending backlog of sub-lease deeds for cooperative housing societies. Delays in these deeds have created issues around property titles, resale transactions and regulatory compliance for residents. The new committee will closely monitor pending applications, check documentation, ensure compliance with land-use and planning norms, and recommend faster approvals. It will meet regularly and work with defined timelines to resolve cases. The move reflects the Authority's push to improve service delivery and administrative efficiency. Housing societies that applied earlier for sub-lease deed regularisation are expected to benefit from smoother processing, quicker verification and improved clarity on property ownership.Read more

09 Jan 2026

The government-backed SWAMIH fund has enabled the completion of more than 61,000 homes in stalled residential projects across India up to mid-December last year. Spread across 110 projects in around 30 cities, the initiative has primarily supported affordable and mid-income housing developments that were stuck due to funding and execution challenges. With investments exceeding INR 37,400 crore across 127 projects, the fund has helped restore buyer confidence, supported employment generation, and contributed significantly to government revenues through taxes and duties.Read more

09 Jan 2026

Atul Agnihotri's real estate firm, Shivansai Homemaker Infra LLP, has secured the redevelopment rights of the 60-year-old Palimala Cooperative Housing Society in Bandra, Mumbai. The project involves 11 members and includes a significant increase in apartment sizes, along with structured financial compensation during the construction period. The agreement was formally registered with a token payment and stamp duty. Members will receive upgraded homes with modern specifications once redevelopment is completed, in line with Mumbai's ongoing push to renew ageing residential societies.Read more

Mumbai News Desk

09 Jan 2026

A rare heritage, sea-facing bungalow in Mumbai's upscale Juhu neighbourhood has hit the market with an asking price of INR 250 crore, underscoring strong interest in ultra-prime coastal real estate. Named Leela, the property spans a 14,858 sq ft plot with about 8,480 sq ft of built-up area, and features six bedrooms, multiple living spaces, sea-facing balconies and a large terrace with panoramic sea views. Built in the 1950s in Art Deco style, the bungalow is listed as a Grade IIB heritage property, offering both architectural legacy and redevelopment potential under city regulations. Owned by the Nanavati family, the listing has attracted interest from developers and high-net-worth buyers, reflecting continued demand for iconic and scarce residential assets in Mumbai's luxury segment.Read more

Mumbai News Desk

08 Jan 2026

Promoters of Mumbai-based pharmaceutical firm Ideal Cures, Suresh Pareek and Veena S Pareek, have acquired two adjoining luxury apartments in Worli for a total of INR 190.1 crore. The units, located on the 43rd floor, have a combined RERA carpet area of around 12,114 sq ft and include 10 dedicated car parking spaces. Each apartment comes with spacious balconies and terraces. The purchase, registered late last month, reflects continued interest from business families in large-format premium homes despite limited new supply and high pricing in central Mumbai's luxury real estate market.Read more

08 Jan 2026

Karnataka Real Estate Regulatory Authority (K RERA) has moved to make it mandatory for developers to clearly specify parking slot details in both allotment letters and sale agreements for residential projects. Builders will now have to disclose the exact slot number, type, dimensions, and precise location according to the approved parking plan. The step follows repeated complaints from homebuyers about unclear or inconvenient parking allocations. The directive is expected to reduce disputes, improve transparency, and ensure buyers are fully aware of parking arrangements before completing transactions.Read more