07 Mar 2026

Mumbai recorded its strongest February performance in over a decade in 2026, with 13,029 property registrations logged within the Brihanmumbai Municipal Corporation limits, generating stamp duty revenue of more than INR 1,134 crore, according to data released by Knight Frank India. Registrations rose 8 per cent year-on-year, while stamp duty collections increased by a sharper 21 per cent, reflecting a clear shift towards higher-value residential transactions. Homes accounted for close to 80 per cent of all registrations. The share of properties priced above INR 5 crore and in the INR 2-5 crore bracket expanded, while the sub-INR 1 crore segment declined. Industry participants said the data points to sustained end-user demand, rising purchasing power and an upgrade cycle driven by preferences for better connectivity, amenities and long-term value.Read more

06 Mar 2026

The 2026 UK Student Accommodation Outlook by University Living highlights rising rents, high occupancy, and limited purpose-built accommodation across key UK university cities. With over 700,000 international students enrolled, cities such as London, Manchester, Birmingham, and Bristol face extreme demand, leaving many properties fully booked months before the September intake. Families are advised to plan accommodation early, considering rents, deposits, and currency exchange costs. Verified booking platforms and documented agreements help ensure transparency, secure payments, and clear pre-arrival arrangements for international students relocating to the UK.Read more

06 Mar 2026

NB Group has announced an investment of INR 350 crore to develop a luxury residential project in Ahmedabad. The project, named NB Palm, comprises 136 apartments spread across a 6,300 square yard land parcel. The development is being funded largely through internal accruals. Homes are priced at INR 6,500 per sq ft, with apartment prices starting from INR 2.5 crore. The company said Ahmedabad's housing market continues to see steady demand growth, particularly in the premium segment over the past few years, alongside strong performance in affordable and mid-income categories.Read more

Noida News Desk

06 Mar 2026

Paramount Developers has deposited more than INR 106 crore with the Noida Authority and the Greater Noida Authority, clearing long-standing land-cost dues that had blocked property registrations for 135 flats in two housing projects. Payments of around INR 80 crore to the Noida Authority for Paramount Floraville in Sector 137 and approximately INR 26 crore to Greater Noida Authority for Paramount Emotions in Greater Noida West were made under protest while legal proceedings continue over the dues. With the financial liabilities now settled under the Uttar Pradesh government's settlement framework for stalled projects, registries for 35 flats in Paramount Emotions and 100 flats in Floraville can be executed. Homebuyers previously faced delays in concluding ownership formalities despite completed certificates and possession in many cases. The move follows revised dues calculations under state policy.Read more

Hyderabad News Desk

06 Mar 2026

Open plots and residential flats in the Kukatpally Housing Board Colony (KPHB) were sold at record prices at a public auction conducted by the Telangana Housing Board in the past week, signalling robust demand for government-owned real estate in the western corridor of Hyderabad. A 1 square yard parcel achieved a top bid of INR 2.65 lakh, well above the upset price of INR 1.30 lakh, while another plot fetched INR 2.41 lakh per square yard. Eight flats at Sampoorna Apartments in Phase-15 of KPHB also commanded strong bids, with the highest unit selling for INR 1.10 crore against a base price of INR 0.90 crore. In total, the auction generated approximately INR 24.26 crore. The results underscore growing investor interest in housing board assets offering clear titles and developed infrastructure in established urban localities.Read more

Mumbai News Desk

05 Mar 2026

Actor Sushmita Sen and her mother Subhra Sen have leased out their luxury apartment in Goregaon East, Mumbai, for a starting monthly rent of INR 1.95 lakh under a three-year agreement registered in the past week. The rent will rise by 5% annually, taking the total rental value to INR 73.76 lakh over the full term. The deal includes two car parking spaces and a security deposit of INR 6 lakh. The flat is located in Oberoi Exquisite along the Western Express Highway.Read more

05 Mar 2026

The Haryana government has announced a 100% waiver on outstanding interest on property tax dues up to March 2025 in its recent budget. The relief is expected to benefit over 41 lakh urban property owners. The budget also includes free monthly water supply for small residential properties, waiver of pending water and sewerage surcharge, creation of an INR100 crore Urban Green Fund, and plans for five waste-to-energy plants. Several industrial measures, including a new INR500 crore fund and land reforms, have also been proposed to support investment and job creation.Read more

05 Mar 2026

The Municipal Corporation of Delhi has urged property owners to take advantage of its ongoing property tax amnesty scheme, SUNIYO, before it closes on March 31. The scheme allows a full waiver of past interest and penalties if taxpayers clear the principal amount for the current year and the previous five years. More than 1.8 lakh taxpayers have already benefited, leading to a significant rise in collections compared to last year. The mayor has clarified that no further extension will be granted.Read more

05 Mar 2026

Sambhav Homes and Infrastructure, part of the e-Cosmos Group, has outlined plans to deliver more than 1,050 acres of development-ready land across Tamil Nadu, Karnataka and Maharashtra. The company recently handed over an 85-acre parcel in Hosur to ESR Group for its upcoming advanced manufacturing park. With a pipeline of nearly 600 acres and projects under various stages of development, Sambhav is focusing on industrial parks and warehousing hubs in key manufacturing and logistics markets, offering plug-and-play land parcels to Grade A asset managers.Read more

05 Mar 2026

India's leading listed real estate firms have seen a strong rise in sales bookings during the first nine months of this fiscal, primarily driven by demand for luxury and premium homes. The top five players Godrej Properties, Prestige Estates, DLF, Lodha Developers, and Signature Global accounted for nearly two-thirds of total pre-sales, amounting to over INR 83,800 crore. Smaller developers also contributed significantly. Post-pandemic, buyers have shown preference for financially stable brands. While volume of sales fell in 2025, the value increased due to price growth and higher-end launches.Read more

04 Mar 2026

Rajasthan Housing Board (RHB) has recorded revenue exceeding INR 1,000 crore in the financial year 2025-26, more than three times its previous year's earnings, mainly driven by commercial auctions and better asset monetisation. The board plans new residential housing projects across Jaisalmer, Jodhpur, Alwar, Kotputli, Bhiwadi, Khori Kalan, Shahjahanpur and parts of the NCR belt, including Pushkar. Initiatives also focus on improving infrastructure, managing unsold inventory, and maintaining affordability. RHB continues to prioritise EWS and LIG segments while exploring partnerships and institutional reforms to strengthen asset protection.Read more

04 Mar 2026

The Andhra Pradesh government has reiterated its commitment to ensure that every poor family in the state has a permanent house by 2029. Chief Minister N. Chandrababu Naidu informed the Assembly that eligible beneficiaries will receive free house sites or constructed homes, depending on land availability. The government is preparing to organise three lakh house-warming ceremonies before Ugadi and aims to complete and hand over 10 lakh houses during the current year. The housing push forms a central part of the state's welfare and poverty reduction strategy.Read more

04 Mar 2026

TARC Ltd is on track to generate INR 4,500 crore from its ultra-luxury residential project, TARC Kailasa, in Delhi, reflecting strong market demand and limited housing supply. Launched in 2024, the project spans six acres in Kirti Nagar and includes five towers with 385 units priced between INR 11 crore and INR 14 crore. The company has invested INR 250 crore so far, and construction costs will be met internally. Expected completion is March 2030. TARC also plans gradual launches of other projects from its substantial Delhi-NCR land bank.Read more

04 Mar 2026

Vedaanta Senior Living has partnered with the Sameera Group to launch Vedaanta Ananta, a senior living community in Chengalpattu, Tamil Nadu, with an investment of INR 50 crore. The project will feature 69 low-density villas for independent seniors, located within the existing Sameera Universe township. Prices for the villas will start at around INR 50 lakh, excluding statutory charges. Vedaanta already runs multiple senior living communities across southern India and has several others under development. The project aims to cater to growing demand for structured senior living options in Tamil Nadu.Read more

04 Mar 2026

China's new home prices declined at their fastest pace in more than three years in February, according to a private survey, highlighting continued stress in the property sector. Prices across 100 cities fell 0.04% month-on-month, reversing January's gain and marking the steepest drop since late 2022. The downturn has persisted despite multiple policy measures, including relaxed purchase rules and lower down-payments. Analysts believe recent steps by Shanghai may offer limited short-term support but are unlikely to reverse the broader market correction without stronger intervention.Read more

04 Mar 2026

Families affected by the Mundakkai Chooralmala landslides in Wayanad have begun moving into newly built homes under the first phase of the state government's Model Township project. A total of 178 houses were handed over, each built on individual plots with legal ownership documents provided to beneficiaries. The township is planned to accommodate over 400 families once fully completed and includes essential civic infrastructure. The government has stated that rehabilitation of all eligible families will be completed before the upcoming monsoon season.Read more