Raahil Reddy, Director of Residential Projects

19 Apr 2026

India's residential real estate sector is undergoing a shift as homebuyers increasingly seek globally aligned living standards alongside locally relevant design features. Industry stakeholders indicate that modern housing demand now prioritises smart technologies, wellness amenities, and sustainable construction practices. At the same time, developers are adapting global design principles to suit India's climate, cultural preferences, and multi-generational living patterns. The trend is also driving the development of integrated residential communities with social infrastructure and green spaces. This evolving approach reflects changing buyer expectations and is expected to shape future housing supply across urban markets.Read more

18 Apr 2026

Srishti Group has introduced limited-period festive offers across its residential projects, Craft d Srishti in Nahur (West) and Srishti Oasis in Bhandup (West), aligned with the Akshaya Tritiya buying season. The scheme includes financial incentives such as zero GST, no floor rise charges, spot discounts, and a flexible payment plan, alongside a 10 gm gold coin for buyers. The developments are located along the Goregaon-Mulund Link Road (GMLR), a key infrastructure corridor expected to improve east west connectivity in Mumbai. The offer window remains open until the end of the current month, targeting both end-users and investors.Read more

Mr. Vishal Ratanghayra, Founder & CEO of Platinum Corp.

18 Apr 2026

Affluent homebuyers in Mumbai are increasingly favouring suburban locations for luxury housing, reflecting a shift from traditional demand centred on South Mumbai. Industry stakeholders indicate that areas such as Bandra, Khar, and Santacruz are emerging as preferred micro-markets due to better space availability, improved infrastructure, and integrated community living. Enhanced connectivity, hybrid work patterns, and rising expectations around lifestyle amenities are influencing this transition. Developers are responding with larger homes, gated communities, and mixed-use ecosystems, signalling a structural change in how luxury housing is defined and delivered across the Mumbai Metropolitan Region.Read more

18 Apr 2026

Crietor Group has launched The Skye, a luxury residential development in Kozhikode, Kerala, with a total project value of approximately INR 250 crore. Spread across 10 acres at Kashmir Kunnu, the project will comprise 62 villas with plot sizes ranging from 7 to 12 cents and built-up areas between 3,200 sq ft and 5,700 sq ft. Prices start from INR 2.6 crore, excluding statutory charges. The development includes a 22,000 sq ft clubhouse, recreational amenities, and internal infrastructure designed for low-density living. The company has also appointed Shriya Saran as brand ambassador, reflecting its positioning in the premium housing segment.Read more

18 Apr 2026

Noida and Ghaziabad have transitioned from peripheral extensions of Delhi NCR into established luxury residential markets, supported by early developer investments and infrastructure-led growth. Key corridors such as the Noida Expressway and the FNG Expressway have enabled premium developments across micro-markets including Sector 150, Sector 144, Noida Extension, and Siddharth Vihar. Developers such as Gulshan Group, Nimbus Group, Prateek Group, County Group, and Experion Developers have played a central role in shaping these markets through early entry and premium positioning. The region also recorded 9,677 new residential unit launches in Q1 2026, reflecting a 26% year-on-year increase and sustained demand for high-value housing.Read more

18 Apr 2026

The Jharkhand State Housing Board (JSHB) has directed the cancellation of trade licences issued to commercial establishments operating within residential colonies in Ranchi, following regulatory directions to enforce land-use norms. The move, reported in the past week, affects areas such as Bariatu, Argora and Harmu, where large-scale commercial activity has emerged over time. The action is aligned with a Supreme Court directive requiring states to identify and act against unauthorised commercial use in residential zones. Municipal authorities have begun surveys and issued notices, while halting new licence approvals. The decision has raised concerns among traders, many of whom depend on these establishments for livelihood, and highlights the challenges of balancing zoning compliance with evolving urban economic activity.Read more

17 Apr 2026

Over 45,700 residential properties in Nashik are being occupied without mandatory building completion and occupancy certificates from the Nashik Municipal Corporation. Identified largely during a past property survey, these units have already been brought under the tax net despite non-compliance. The highest concentration is seen in Nashik Road, Panchavati and Cidco areas. The city's total property base has grown sharply in recent years, driven by redevelopment and urban expansion. The situation highlights gaps in enforcement, even as civic authorities continue to collect revenue from such properties.Read more

17 Apr 2026

Swedish Logistic Property AB reported a strong start to the year with a notable increase in rental and operating income. Rental income rose by 26% year-on-year, supported by portfolio expansion and stable demand for logistics assets. Net operating income also recorded a similar growth trend. The company has been consistently strengthening its position in the Nordic logistics market, benefiting from long-term leases and tenant demand driven by e-commerce and supply chain optimisation.Read more

17 Apr 2026

Brigade Enterprises Ltd has signed a joint development agreement for an 8.63-acre land parcel in Gunjur, East Bengaluru, as part of a larger 39-acre integrated residential township planned in the Whitefield Sarjapur corridor. The project is estimated to generate a gross development value (GDV) of approximately INR 7,200 crore. The township will be developed through a mix of outright land purchases and joint development agreements. The location has seen sustained residential demand driven by infrastructure upgrades, connectivity improvements, and proximity to key employment hubs, making it a significant micro-market in Bengaluru's eastern growth corridor.Read more

Ludhiana News Desk

17 Apr 2026

The Ludhiana Improvement Trust (LIT) conducted a draw of lots for 179 flats under its Atal Apartment housing scheme, attracting strong participation from applicants. The draw covered 43 high-income group (HIG) and 136 middle-income group (MIG) units, with over 1,500 applications received. Held during the Baisakhi period, the event saw public participation and was conducted in the presence of state officials. The project, located at Karnail Singh Nagar on Pakhowal Road, is currently under construction and is expected to be completed later this year. The initiative reflects continued demand for mid-income housing in Ludhiana amid limited public sector residential supply.Read more

17 Apr 2026

Signature Global has entered into a licensing agreement with Italian brand Tonino Lamborghini to develop a branded luxury residential project in Sector 71, Gurugram. The project, spread over 12.40 acres, will comprise 812 apartments under the Tonino Lamborghini Residences Gurugram branding. This marks the brand's entry into India's residential real estate market. The commercial arrangement includes a fixed fee payable in instalments along with a performance-linked component. The developer has not disclosed the project investment. The development reflects the continued expansion of branded residences in India's premium housing segment, particularly in Gurugram, where developers are increasingly partnering with global lifestyle brands to position projects in the upper-end market.Read more

17 Apr 2026

ASBL has initiated the Expression of Interest process for its upcoming high-rise gated residential project at RTC X Roads in Hyderabad. The development is positioned in a central location with strong metro, rail, bus, and airport connectivity, along with proximity to Hussain Sagar Lake and key social infrastructure. Spread across 7.98 acres, the project includes three towers of G+50 floors with about 1,500 units, large open spaces, and extensive amenities. It offers 3 and 4 BHK homes in multiple configurations. The launch follows ASBL's previous projects that recorded strong sales performance in Hyderabad's residential market.Read more

17 Apr 2026

The Haryana government has approved housing projects for 2,646 beneficiaries across 60 urban local bodies under PMAY-U 2.0, targeting EWS, LIG and MIG segments. The scheme continues to see strong demand, with over 1.69 lakh registrations recorded. Financial assistance of INR 2.5 lakh per beneficiary will be provided under the beneficiary-led construction model. The state has also reviewed earlier approvals, fund releases and progress on geo-tagging. Alongside new sanctions, capacity-building plans and monitoring systems have been strengthened to improve execution, quality control and timely delivery of houses.Read more

16 Apr 2026

The Income Tax Appellate Tribunal (ITAT) has ruled that no capital gains tax is payable when a residential property is sold at the same price at which it was acquired, reaffirming that tax liability arises only when there is an actual profit. The decision, delivered in the past week by the Mumbai bench, involved a jointly owned flat that was sold for INR 85 lakh, identical to its purchase value. Despite this, the tax authorities had initially treated part of the transaction as short-term capital gains due to insufficient documentation. The tribunal set aside the addition after examining evidence and noting that no real income had been generated. The ruling provides clarity on capital gains computation and underscores the importance of accurate documentation in property transactions.Read more

16 Apr 2026

The Maharashtra government has ordered a Special Investigation Team (SIT) probe into alleged violations of the Maharashtra Housing and Area Development Authority (MHADA) quota in residential projects across Nashik. The decision, announced in the past week by Revenue Minister Chandrashekhar Bawankule, follows reports that developers failed to comply with the mandatory 20% reservation for economically weaker sections (EWS) and low-income groups (LIG). The probe will examine projects exceeding 4,000 sq m, where irregularities such as under-reporting of project size and use of forged documents have been flagged. As many as 49 projects are under scrutiny, with authorities expected to assess compliance, identify responsible stakeholders, and recommend legal and administrative action. The SIT has been tasked with submitting its findings within a defined timeframe.Read more

16 Apr 2026

A group of homebuyers in Telangana has accused a construction firm of cheating after collecting substantial advance payments for a proposed villa project in Kollur, near Hyderabad, without initiating development or securing statutory approvals. Complaints filed with the Cyberabad Police's Economic Offences Wing (EOW) led to the registration of a criminal case under provisions related to cheating and criminal breach of trust. Buyers claimed they were persuaded to invest in the project under a pre-launch offer, with one purchaser reportedly paying INR 1.38 crore towards a villa valued at INR 1.60 crore. Investigations revealed that the project had neither received approvals from the Telangana Real Estate Regulatory Authority (RERA) nor the Hyderabad Metropolitan Development Authority (HMDA), raising concerns over compliance and project legitimacy.Read more

16 Apr 2026

The Haryana government has amended its Affordable Housing Policy, 2013, introducing mandatory provision of one car parking space per dwelling unit across projects. The revision, notified in the past week, also increases allotment rates across cities including Gurugram, Faridabad and Sohna. Parking costs have been capped at 10% of the flat price, with developers required to demarcate spaces at the approval stage. The changes will apply to upcoming allotments and partially to ongoing projects, subject to buyer consent. Projects with occupation certificates remain exempt. The revision reflects a broader recalibration of policy norms to address infrastructure gaps in high-density housing while accommodating rising construction and land costs across the state's affordable housing segment.Read more