10 Feb 2026

The Supreme Court has ruled that renting or leasing a residential flat does not automatically disqualify a homebuyer from being treated as a consumer under the Consumer Protection Act, 1986. The court said consumer status can only be denied if it is clearly proven that the property was bought mainly for commercial purposes. The ruling came while overturning an NCDRC order that had dismissed a complaint solely because the flat was rented out. The court clarified that the burden of proving commercial intent lies with the developer, not the buyer. Since no such evidence was established, the homebuyer's complaint has been restored for fresh hearing.Read more

Gurugram News Desk

10 Feb 2026

The Department of Town and Country Planning (DTCP) has stopped the registration of sale, lease and conveyance deeds for a commercial colony in Gurugram's Sector 53 after finding that the project licence had expired and was never renewed. The licence, issued in 2002 for nearly 3.95 acres, lapsed in 2005. DTCP also noted unpaid statutory dues of about INR 87.6 lakh. Enforcement authorities have directed revenue officials to flag violations and asked police to initiate legal action against the developers.Read more

10 Feb 2026

Dubai's residential real estate market is entering a defining phase in 2026 as developers face rising project completions and increasing pressure on profitability. According to fm Properties CEO Firas Al Msaddi, high land prices and slower sales momentum are prompting a slowdown in new project launches. While buyer protections remain strong, developers are becoming more selective as cash flows tighten. The market is now at a crossroads, with either land prices needing to soften or off-plan prices rising to maintain viability. With 40,000-50,000 home handovers expected in 2026, the focus is shifting to longer sales cycles, stable prices and tighter margins amid a large construction pipeline.Read more

10 Feb 2026

Maharashtra's real estate sector is set to showcase its urban development trajectory and future priorities at the National Urban and Real Estate Development Conclave 2026, to be held on 13-14 February at Yashobhoomi, New Delhi. Led by NAREDCO Maharashtra, the state's participation will highlight its role as one of India's most urbanised regions, supported by sustained infrastructure investment, industrial growth and expanding metropolitan clusters. The discussions will focus on transit-led development, large-scale redevelopment, rental housing, regulatory reforms and technology-driven urban planning. With urbanisation expected to accelerate over the coming decades, Maharashtra's experience across the Mumbai Metropolitan Region, Pune, Nagpur and other emerging cities is expected to offer insights into balancing housing supply, infrastructure delivery and sustainable city growth within a rapidly evolving policy and investment environment.Read more

09 Feb 2026

The Uttar Pradesh government has introduced a revised One-Time Settlement (OTS) scheme to resolve long-pending residential and commercial housing allotment cases. The move targets unpaid dues and stalled allotments under state housing and development authorities. The updated framework builds on earlier settlement efforts that were disrupted during the COVID-19 period. The scheme offers financial relief through rebates and structured payment options while aiming to speed up dispute resolution. The initiative is expected to ease pressure on allottees and improve revenue recovery for housing agencies across the state.Read more

09 Feb 2026

Skanska reported fourth-quarter operating profit slightly below market expectations, as weak housing demand across the Nordic region continued to affect property sales and development activity. While operating profit rose 11% year-on-year to SEK 2.98 billion, it fell short of analyst estimates amid persistently low consumer confidence in Sweden and neighbouring markets. The company indicated that residential construction and commercial property development remained subdued, with limited new project launches. In the US, Skanska highlighted continued stagnation in the commercial property market, citing low transaction volumes and investor caution linked to long-term interest rate levels. Although central banks have begun easing monetary policy, the company expects only a gradual recovery in Nordic and Central European housing markets during 2026, while the US commercial property sector is likely to remain under pressure for longer.Read more

09 Feb 2026

Arvind SmartSpaces Ltd has acquired a 4.7-acre land parcel on Sarjapur Road, Bengaluru, on an outright basis to develop a residential housing project with an estimated saleable area of around 6.8 lakh sq ft. The project carries a topline revenue potential of approximately INR 860 crore and marks a further expansion of the company's vertical residential portfolio in the city. The acquisition strengthens Arvind SmartSpaces presence in one of Bengaluru's key residential corridors, following its earlier additions in the market. The developer entered Bengaluru in 2013 and has steadily expanded its footprint across the region. With multiple projects already delivered and several under development, the company continues to focus on high-growth urban markets as part of its broader residential expansion strategy.Read more

Mumbai News Desk

09 Feb 2026

Mumbai's premium housing market recorded another high-value residential transaction as an ultra-luxury apartment in Worli was sold for INR 123.5 crore. The property was acquired by Radha Tanti, an angel investor and wife of Suzlon Energy's executive vice chairman. Located in the Artesia tower, the apartment offers a large carpet area along with a private balcony and multiple parking spaces. The deal reflects continued interest in limited high-end homes in central Mumbai despite a cautious buyer environment.Read more

09 Feb 2026

The Chandigarh Administration has tightened regulations governing paying guest (PG) accommodations to strengthen safety, planning compliance, and accountability. Under the revised policy, PG registration will now be allowed only in residential buildings that have a valid completion certificate and an occupation certificate. The earlier provision that permitted conditional approvals, where pending documents could be submitted later, has been withdrawn. The move is aimed at preventing unauthorised PG operations, ensuring buildings meet approved standards, and addressing long-standing concerns around unregulated residential use across the city.Read more

09 Feb 2026

The Supreme Court has ordered NBCC to complete 16 pending Supertech housing projects, providing relief to thousands of homebuyers waiting over a decade for possession. Upholding the December 2024 NCLAT directive, the court emphasized that homebuyers interests take priority over financial and operational creditors, who must accept fair adjustments. The completed homes must include all promised amenities, and NBCC will be supported by an expert committee to expedite delivery. Tribunals and high courts have been barred from issuing orders that could delay construction, ensuring swift execution of these long-stalled projects.Read more

07 Feb 2026

The Uttar Pradesh Housing and Development Board has generated approximately INR 1,000 crore in revenue through its recent first-come, first-served housing scheme, according to official disclosures. The initiative, launched late last year, allows homebuyers to book unsold units across the state through a centralised online portal that provides comprehensive property details. More than 2,140 flats have been booked so far. To incentivise participation, the board offered a 15 per cent discount for full payments made within 60 days of booking and a 10 per cent rebate for payments completed within 90 days. The scheme, open until the end of March, has helped convert long-standing unsold inventory into booked homes and bolstered housing board revenue, while emphasising transparency and ease of access in the booking process.Read more

07 Feb 2026

Housing price growth across India's top eight residential markets slowed sharply to an average of 6% in 2025, compared to 17% in 2024, reflecting a phase of market normalisation, according to PropTiger. While Bengaluru and Hyderabad continued to record relatively stronger price appreciation, most other cities witnessed muted growth or consolidation after steep increases in the previous year. The report highlighted disciplined supply additions, stable inventory levels and a cautious buyer sentiment amid economic uncertainty. Residential sales declined 12% year-on-year to their lowest level since 2022, while new supply also moderated. Despite slower momentum, PropTiger noted that developers largely protected pricing integrity, indicating a balanced market entering 2026 rather than a sharp correction.Read more

Gurugram News Desk

06 Feb 2026

Haryana's flagship affordable housing policy has effectively stalled in Gurugram and Faridabad, with developers and industry stakeholders saying that escalating land and construction expenses have made projects under the scheme financially unviable. Officials from the Town and Country Planning Department have confirmed that no new licences for affordable housing projects have been granted in Gurugram over the past one-and-a-half to two years, and the Gurugram-Manesar Master Plan area has not seen any fresh affordable housing developments during this period. Under the current policy, the sale price of affordable units is capped at INR 5,000 per sq ft, but surging input costs have far outpaced this rate, leaving developers unable to meet prescribed price limits. Homebuyers and industry bodies are now urging the state government to revise the pricing framework and make the policy continuous rather than episodic to restore project momentum.Read more

06 Feb 2026

Haryana is set to pilot a faceless property registration system in Faridabad, with the project expected to begin by the end of March. The three-month trial will be conducted in one tehsil and closely monitored before any statewide expansion. Hosted on the MeitY Cloud, the system aims to digitise the entire registration process, reduce physical interaction and limit human discretion. Officials say the initiative could improve transparency, speed up registrations and reduce procedural delays while strengthening public trust in land transactions.Read more

06 Feb 2026

Dubai Residential REIT has reported higher full-year profit and revenue, supported by stable rental income and steady demand across its residential portfolio. Net profit rose to AED 1.28 billion from AED 1.12 billion a year earlier, while revenue increased to AED 1.95 billion from AED 1.79 billion. Alongside the earnings growth, the board has proposed a dividend of 4.2 fils per share for the second half of 2025, subject to approvals. The performance aligns with broader strength in Dubai's residential rental market.Read more