40 minutes ago

Yugen Infra plans to invest around INR 2,000 crore over the next seven to ten years to develop a 500-acre integrated township, Yugen Golf City, along the Maharashtra-Goa border. The Gurugram-based developer has also partnered with healthcare solutions platform Livlong to incorporate healthcare services within the project. The first phase, spread across 100 acres, comprises residential plots and villas and has received encouraging customer response, according to the company. Yugen Infra intends to launch the second phase later this year. The township is being positioned as a mixed-use residential community with a focus on wellness, healthcare access and long-term quality of life, reflecting growing demand for integrated living environments beyond traditional housing developments.Read more

1 hour ago

Tamil Nadu has introduced a 24x7 online document registration system aimed at making property transactions more accessible and reducing dependence on physical visits to sub-registrar offices. The initiative forms part of the state government's broader digital governance programme and builds upon reforms such as ‘Anywhere Registration’ and paperless registration services. Under the new system, eligible documents can be prepared, submitted and processed online at any time, providing greater convenience to homebuyers, property owners and developers. The move is expected to streamline registration procedures, reduce congestion at registration offices and improve service delivery across the state. The rollout reflects Tamil Nadu’s continued efforts to modernise land and property administration through technology-driven reforms.Read more

08 Jun 2026

• Goa Chief Minister Pramod Sawant said more than 5,000 applications under the Majhe Ghar scheme have been approved across the state.
• Ownership orders for eligible beneficiaries are set to be distributed by June 10 in both North Goa and South Goa.
• The scheme was introduced to regularise houses and provide legal ownership rights to residents facing property-related issues.
• The government has received strong public response to the initiative, with tens of thousands of forms distributed since its launch.
• The programme is expected to provide legal clarity and housing security to thousands of families across Goa.Read more

07 Jun 2026

Dubai South recorded the highest residential property transaction volumes in Dubai for the third consecutive month in May, reinforcing its position as one of the emirate’s fastest-growing real estate markets. According to a market analysis by fäm Properties, the area registered 1,357 sales transactions worth AED 1.6 billion during the month, representing a 15.9% increase in volume over April. Residential sales transactions in Dubai South have risen by 36.4% since the end of February, driven largely by sustained growth in the off-plan market. Across Dubai, property sales reached 10,281 transactions valued at AED 28.9 billion in May, with primary market sales continuing to dominate activity. The latest figures underline strong demand from both investors and end-users across the emirate’s residential sector.Read more

07 Jun 2026

Uttar Pradesh's real estate regulator has stated that more than 1.15 lakh residential and commercial units are currently available for sale across the state, rejecting concerns about any immediate supply shortage. The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has cautioned prospective homebuyers and investors against claims by developers or property agents suggesting that inventories are running low or that prices are likely to increase sharply. According to the regulator, the available stock includes flats, villas, plots, shops, offices and other commercial properties spread across the western, central and eastern regions of the state. UP RERA has advised buyers to conduct thorough due diligence, verify project details through the regulator's portal and make property investment decisions based on facts rather than marketing pressure.Read more

Mr. Porush Jhunjhunwala, Founder & CEO, Banke International Properties

07 Jun 2026

A growing preference for health, wellbeing and lifestyle quality is reshaping Mumbai’s luxury residential market, giving rise to a new category of affluent buyers increasingly referred to as “wellthy” homebuyers. While location, exclusivity and investment value remain important considerations, homebuyers are placing greater emphasis on wellness-oriented features such as natural ventilation, green spaces, indoor air quality and integrated lifestyle amenities. This shift is influencing project design, location preferences and development strategies across the city. Developers are incorporating sustainable infrastructure, biophilic design elements and health-focused technologies into residential projects as buyers seek homes that support physical comfort, mental wellbeing and work-life balance. The trend is also contributing to stronger demand for projects offering long-term liveability and environmentally conscious design.Read more

06 Jun 2026

Migsun Group has announced plans to invest approximately INR 250 crore in a new residential development in Rohini, New Delhi. The project will comprise nearly 500 premium serviced apartments and is aimed at catering to rising demand for professionally managed residences that combine residential comfort with hospitality-led services. The announcement reflects increasing developer interest in the premium serviced living segment amid evolving housing preferences in urban markets. Migsun Group, which has a portfolio spanning 20 million sq ft across completed and ongoing developments, said the project will focus on delivering managed residential accommodation in the national capital's residential market.Read more

06 Jun 2026

Pune is strengthening its position as one of India’s most attractive real estate investment markets in 2026, driven by robust employment growth, expanding infrastructure and sustained housing demand. The city continues to benefit from the growth of major IT hubs, metro connectivity projects, the proposed Ring Road and improving transport infrastructure. Compared with Mumbai and Bengaluru, Pune offers relatively affordable property prices while maintaining strong prospects for capital appreciation and rental income. Key micro-markets including Hinjewadi, Baner, Wakad, Kharadi, Tathawade and Mahalunge are witnessing significant residential and commercial development. Supported by demand from professionals, families, students and NRIs, Pune’s residential market is increasingly attracting investors seeking a balance between affordability, lifestyle amenities and long-term growth potential.Read more

06 Jun 2026

The Centre’s PM Surya Ghar Muft Bijli Yojana has crossed 41 lakh beneficiary households, with the government aiming to reach 75 lakh rooftop solar-powered homes by the end of 2026. Union New and Renewable Energy Minister Pralhad Joshi said more than 65 lakh applications are currently under process, reflecting strong adoption of residential solar energy across the country. Launched in February 2024 with an outlay of INR 75,021 crore, the scheme provides subsidies for rooftop solar installations and offers households up to 300 units of free electricity each month. The programme has also recorded substantial growth in rooftop solar deployment on government buildings, with over 53,000 structures already solarised and 855 MW of cumulative installed capacity achieved.Read more

06 Jun 2026

• Chandigarh administration has moved a proposal that may grant ownership rights to nearly 35,000 rehabilitation colony residents
• The colonies were originally allotted under lease or licence-based rehabilitation schemes for economically weaker sections
• A draft policy has been prepared and sent for approval at the central level for further clearance
• A fresh committee has been formed to review legal, financial and procedural aspects and study similar models in other cities
• The move comes after earlier committees failed to resolve long-standing ownership and title issuesRead more

05 Jun 2026

MHADA will begin handing over 500 redeveloped homes to eligible residents of the Naigaon BDD Chawl project in Mumbai from 6 June. The allotments are part of the Maharashtra government’s redevelopment of the century-old BDD chawls at Naigaon, Worli and N M Joshi Marg. The new apartments replace ageing tenements with larger homes and improved amenities. The handover marks a key milestone in the rehabilitation of thousands of residents under one of Mumbai’s largest public housing redevelopment programmes.Read more

05 Jun 2026

• Lucknow Development Authority has reopened bookings for premium flats in its Basant Kunj housing project after closing earlier registrations.
• The scheme offers 3 BHK and 3 BHK with servant quarter units under a lottery-based allotment system.
• Around 364 flats are part of the Park View Apartments project, spread across four towers with up to 20 floors.
• Prices are fixed at about INR 74.59 lakh for 3 BHK and INR 94.92 lakh for larger units.
• Payments are structured with instalments and regulated under UP RERA guidelines.Read more

05 Jun 2026

• The Securities and Exchange Board of India (Sebi) has cancelled the registrations of five Alternative Investment Funds (AIFs) for failing to comply with mandatory reporting requirements.
• The affected entities are Exponential Innovation Fund, Florintree India Flexi Advantage Trust, Prime Realty Capital, Rudrabhishek Infrastructure Trust and Victory Investment Fund.
• The funds did not submit Quarterly Activity Reports (QARs) for all four quarters of 2025 despite regulatory obligations.
• Sebi initiated summary proceedings and issued show-cause notices in April 2026 after identifying repeated non-compliance.
• The regulator concluded that the violations were established and ordered immediate cancellation of registrations under applicable regulations.Read more

04 Jun 2026

• Hungary’s central bank has reported that the country’s banking system remained well-capitalised during 2025, while cautioning that risks in the housing market have increased.
• The National Bank of Hungary said house prices rose by 23.5% in nominal terms during 2025, contributing to higher market overvaluation.
• Housing market overvaluation increased to 22.5%, raising concerns about the potential for future price corrections.
• Borrowers’ average loan-to-value ratio rose significantly following the introduction of a subsidised mortgage programme for first-time homebuyers.
• The central bank noted that stable debt-service-to-income ratios and fixed-rate mortgages continue to support household repayment capacity.Read more