Gurugram News Desk

03 Feb 2026

Gurgaon's district administration has kicked off the verification process for 6,743 affordable homes reserved for economically weaker sections (EWS) under the Haryana government's urban housing initiative, with 4,728 applicants cleared in the first phase. The 1-BHK flats, priced at a highly subsidised INR 1.5 lakh each, are located in private colonies and high-rise societies, providing access to planned, organised urban housing. Authorities received more than 120,000 applications for the units, and initial checks found a substantial number of submissions valid, advancing them to the next stage. Eligible applicants are required to pay a booking amount to move forward in the allocation process, which will conclude with a draw to finalise allotments. Officials have underscored the transparent conduct of the process and urged applicants to interact only through official channels.Read more

03 Feb 2026

Haryana's affordable housing policy has slowed significantly in NCR cities, particularly Gurugram and Faridabad, due to rising land prices and construction costs. Officials report no new licences for affordable housing projects have been issued in the Gurugram-Manesar Master Plan area for nearly two years, raising concerns about policy effectiveness. With maximum unit prices capped at INR 5,000 per square foot, typical flats cost INR 26-35 lakh, but developers find this unviable. Residents and industry bodies urge pricing revisions and continuous policy support to encourage project launches and address middle-class housing needs.Read more

03 Feb 2026

The Haryana Revenue and Disaster Management Department has asked district administrations to urgently submit missing PAN details linked to high-value property registrations. The move follows a request from the Income Tax Department for complete buyer and seller PAN information for property deals valued above INR 30 lakh, registered between the 2019-20 and 2024-25 financial years. Data has been shared through the Web-HALRIS portal, with several tehsils showing higher pendency. District officials have been directed to monitor and close gaps without delay.Read more

Lucknow News Desk

03 Feb 2026

Lucknow Development Authority has launched Aishbagh Square, a high-rise residential project in the Aishbagh area of the city, marking its entry into premium vertical housing. The project comprises four towers of 27 storeys with 384 large 3-BHK apartments with study areas, each measuring about 1,900 sq ft. Homes are priced from around INR 1.11 crore. Online registration has begun through a lottery system, with construction planned to finish in three years and possession targeted within five years.Read more

02 Feb 2026

HDFC Capital Advisors, the real estate private equity arm of the HDFC Group, has partnered with Curated Living Solutions (CLS), promoted by Bhaskar Raju of DivyaSree Group, to launch a rental housing platform with an investment of INR 1,000 crore. The platform will develop, own, and operate institutional-grade rental housing across major Indian cities, targeting students, young professionals, and migrant workers. CLS brings experience managing over 13,000 beds nationwide, while HDFC Capital provides long-term capital and governance. The initiative aims to formalize India's rental housing sector and enhance urban mobility.Read more

Mumbai News Desk

02 Feb 2026

Serene Communities, the senior living platform of Columbia Pacific Communities, has announced plans to invest INR 3,000 crore to develop approximately 2.5 million sq ft of senior housing across 13 projects in six Indian cities, including Bengaluru, Chennai, Mysuru, Kochi, Hyderabad and Pune, with apartments expected to be priced between INR 70 lakh and INR 1.5 crore, according to company leadership. The expansion is being propelled through strategic partnerships with regional developers such as Embassy Group and Gardencity in Bengaluru, Prathima Developers in Hyderabad and Cybercity in Pune, signalling a collaborative model rather than standalone development. Serene Communities is also exploring entry into the Mumbai market, particularly in the New Mumbai belt near Vashi-Panvel and Thane, where land economics are more favourable. The initiative reflects growing demand for professionally managed, community-oriented senior living solutions as India's elderly population expands and lifestyles evolve.Read more

Bangalore News Desk

02 Feb 2026

Assetz, a Bengaluru-based real estate developer, has launched a new luxury residential project in south-eastern Bengaluru, offering three-bedroom apartments starting at INR 2.3 crore. The development, named Melodies of Life Apartments, is spread over about 3 acres off Hosa Road, around 15 minutes from HSR Layout, and comprises 204 homes with sizes between 1,827 and 1,853 sq ft. The project features lifestyle-oriented amenities, including a dual clubhouse of nearly 38,000 sq ft, and sports facilities such as padel and pickleball courts, designed to appeal to buyers seeking luxury living in a low-rise, nature-integrated setting. Assetz said the design blends native landscaping, high-quality materials and community-centric planning. The project forms part of the developer's broader strategy in Bengaluru, where it has delivered and planned over 50 million sq ft of residential space, emphasising low-density planning and sustainability features.Read more

02 Feb 2026

Britain's housing market is regaining momentum after a slowdown ahead of the November budget, with Zoopla reporting buyer interest in early 2026 similar to early 2024 but slightly below last year's levels. Mortgage rates have eased to the lowest since 2022, boosting confidence among buyers who had delayed decisions. House prices rose by 1.2% over the past year, especially in affordable regions. Rightmove and RICS data indicate recovery in asking prices and market expectations. Broader economic indicators, including strong retail sales and purchasing managers data, support prospects of faster early-year growth.Read more

01 Feb 2026

Dubai's resale market for ultra-luxury villas is being driven overwhelmingly by cash buyers seeking completed homes, according to a new study by Luxe, the luxury arm of Properties. The analysis shows that villas priced above AED 40 million recorded 169 resale transactions worth AED 11.57 billion in 2025, with less than 16% involving mortgages. Nearly all resale activity 98% was concentrated in fully completed properties, underscoring buyer preference for certainty and immediate use. The findings indicate that ultra-high-net-worth individuals are prioritising lifestyle security, privacy and long-term wealth preservation over speculative returns. The study highlights how Dubai's mature luxury ecosystem continues to attract global capital by aligning product delivery with the expectations of affluent end users.Read more

01 Feb 2026

Goregaon West is consolidating its position as one of Mumbai's stronger luxury residential micro-markets, supported by limited new supply, established social infrastructure and consistent end-user demand. Market trends indicate that buyers are increasingly favouring well-located projects with visible construction progress, leading to steady price appreciation across premium developments. This shift towards execution-driven decision-making has resulted in faster absorption and sharper price movements for select projects. Ariha Group's luxury development at Jawahar Nagar reflects this trend, with prices rising sharply within months of launch amid robust demand. The project's ahead-of-schedule construction progress has further reinforced buyer confidence, underlining how delivery assurance, constrained inventory and location advantages are shaping value creation in Goregaon West's evolving luxury housing landscape.Read more

01 Feb 2026

For many first-time renters in Dubai, air conditioning often appears to be the most critical consideration. However, as the rental market matures and tenant expectations evolve, practical lifestyle factors are playing a far greater role in decision-making. Beyond cooling, renters are closely evaluating utility structures, internet reliability, furnishing options and neighbourhood infrastructure before finalising a lease. Rising awareness of recurring costs such as electricity, water and housing fees has made transparency around utilities essential, while access to high-speed internet has become non-negotiable for work and education. At the same time, proximity to green spaces, transport links and everyday amenities is influencing long-term residential choices. These shifts highlight how renting in Dubai is increasingly shaped by liveability, convenience and cost clarity rather than just interior specifications.Read more

Pune News Desk

01 Feb 2026

Stamp duty collections from Pune's property market crossed approximately INR 7,119 crore in calendar year 2025, the highest annual total in the past four years, even as property registrations edged down marginally, according to real estate consultancy Knight Frank India. The city recorded around 1,85,657 registrations during the year, reflecting a 2.3 per cent year-on-year decrease, but sustained demand for higher-value homes supported revenue growth. In December 2025, registrations were lower than the same month a year earlier, influenced partly by a high comparative base, yet values indicated continued underlying demand. Smaller homes up to INR 1 crore continued to account for the bulk of registrations, while larger units saw modest share growth, underscoring enduring interest in both mid-segment and premium housing in Pune's residential market.Read more

01 Feb 2026

Pune's residential property market continued to display strong end-user demand in 2025, with housing sales significantly outpacing new supply, according to the Pune Housing Report 2025 by CRE Matrix in association with CREDAI Pune. The city recorded around 81,000 registered apartment sales during the year, compared with 64,000 new housing launches, indicating demand running well ahead of supply. Transaction values crossed INR 63,000 crore, reflecting a marked shift towards larger homes and higher ticket sizes. While homes priced below INR 1 crore continued to dominate overall volumes, premium and luxury segments saw the fastest growth. Supply additions were impacted by approval delays across multiple planning authorities, resulting in fewer new project launches. Despite these constraints, Pune remained India's most affordable major housing market while leading the country in residential sales volumes.Read more

31 Jan 2026

The Andhra Pradesh government has introduced a revised registration framework for middle-income group (MIG) plots developed under its Dr NTR Smart Township scheme, aimed at lowering the cost burden on buyers. Under the new 60-40 model, 60 per cent of a plot's value is treated as the base sale price and 40 per cent as development charges for the purpose of registration, significantly reducing overall stamp duty and registration fees. The split allows authorities to apply a higher fee on the base sale component and a nominal rate on development charges, leading to potential savings of roughly INR 60,000 to INR 1 lakh for individual buyers. The revised process, announced last year, has now been implemented at registration offices, enabling thousands of plot allottees across the state to benefit.Read more

31 Jan 2026

Nashik district handed over more than 75,000 newly built houses to rural beneficiaries on Republic Day, marking a significant milestone in government housing initiatives. Approximately 51,000 houses were built under the Pradhan Mantri Awas Yojana (Rural), while around 24,000 were delivered through various state housing schemes. Beneficiaries included families from Scheduled Castes and Tribes, low income groups, widows, and persons with disabilities. The district administration coordinated with Panchayati Raj institutions, gram panchayats, and local officials to ensure timely completion, payment, and handover of homes, advancing the goal of & housing for all.Read more

Lucknow News Desk

31 Jan 2026

The Lucknow Development Authority (LDA) has opened registrations for its new premium housing project, Narmada Apartment, in Gomtinagar Extension. The project will offer 300 luxury 3BHK flats with study rooms and 12 penthouses. Prices start at INR 1.4 crore for flats and INR 2.8 crore for penthouses, with flexible payment plans over 36 months. The complex will include modern amenities such as a clubhouse, gym, swimming pool, children's play area, and ample parking. Construction is expected to be completed in about three years, with possession in five years.Read more