28 Jan 2026

Kiwi Property Group Ltd has entered into an agreement to sell its ASB North Wharf office property in Auckland for NZD 205 million. The deal, announced in the past week, forms part of the company's ongoing portfolio review and capital recycling strategy. ASB North Wharf has been a major commercial asset for Kiwi Property. The company has not provided details on the buyer or completion schedule. The transaction highlights sustained demand for prime office properties, even as the wider commercial real estate sector continues to adjust to market pressures.Read more

28 Jan 2026

Four Corners Property Trust Inc has acquired a McAlister's Deli property for USD 2.3 million, adding another net-leased restaurant asset to its portfolio. The transaction supports the company's focus on single-tenant properties leased to established dining brands. McAlister's Deli, backed by Inspire Brands, has a wide and stable presence across the US casual dining market. The acquisition fits into FCPT's broader strategy of building predictable rental income through long-term leases, even as market conditions remain cautious for commercial real estate investors.Read more

28 Jan 2026

MagickHome has launched its flagship Interiors Experience Hub in HSR Layout, Bangalore, aiming to transform how homeowners explore and choose interiors. Spread over 6,200 sq ft across two floors, the hub features a full-scale 2BHK mock-up, premium child-safe finishes, and over 50,000 design permutations. The Design Experience Zone allows visitors to compare materials in real scale and lighting. Inaugurated by actress Rukmini Vasanth, the hub combines design expertise, global-quality materials, and a human-centric approach, positioning Bangalore as a key market for MagickHome's expansion in home interiors.Read more

28 Jan 2026

Mumbai-based real estate developer Arkade Developers has unveiled plans to launch five new residential projects across the Mumbai Metropolitan Region (MMR) in calendar year 2026, with a combined gross revenue potential exceeding INR 3,700 crore, according to the company's announcement. The projects are expected to span key micro-markets including Goregaon, Thane, Borivali, Malad and Santacruz and will be backed by an investment of around INR 2,500 crore. Arkade said the broader real estate market outlook remains positive amid a softening interest rate environment and improving homebuyer sentiment. In addition to the five planned launches, the developer also noted ongoing execution momentum, with two additional occupation certificates targeted in the current quarter. The projected launches reflect the company's focus on premium residential developments and its continued expansion across Mumbai's core and suburban corridors.Read more

27 Jan 2026

Demand and pricing momentum in India's luxury residential market could soften in the next financial year, with over half of affluent buyers anticipating a moderation, according to a survey by India Sotheby's International Realty (ISIR). While 56 per cent of high net worth individuals (HNIs) and ultra HNIs expect the current strength in luxury housing to cool during FY27, broader confidence in India's economic growth remains intact. A majority of respondents continue to back the country's long-term growth trajectory, supported by resilient capital markets and expanding wealth creation. The findings suggest that although buyer sentiment remains positive, the luxury housing segment may move into a phase of measured consolidation rather than aggressive expansion over the coming year.Read more

27 Jan 2026

Real estate developer Elan Group has awarded an INR 840 crore construction contract to Tata Projects for its newly launched luxury residential development in Gurugram. The contract covers construction works for Elan The Statement a high-end housing project located in Sector 49. Spread across six acres, the development will comprise 230 apartments, with Elan Group committing a total investment of around INR 1,600 crore for the project. The developer stated that the appointment of Tata Projects reflects its focus on engineering expertise, execution capability and delivery reliability for large-scale residential developments. With this project, Elan Group aims to strengthen its presence in Gurugram's premium housing segment, while Tata Projects adds another significant residential assignment to its portfolio in the National Capital Region.Read more

27 Jan 2026

DLF Ltd has announced plans to launch its first senior living housing project in Gurugram during the current quarter, marking its entry into the senior housing segment. The project is expected to have an estimated revenue potential of around INR 2,000 crore and forms part of the company's broader residential expansion strategy. Management remains confident about housing demand in Gurugram, particularly for established developers, and has reiterated its pre-sales guidance of INR 20,000-22,000 crore for the ongoing financial year. The company attributed muted sales in the December quarter to the temporary pause in bookings at its ultra-luxury project, The Dahlias, and the absence of new launches. With sales at The Dahlias resuming and multiple launches planned across key markets, DLF expects momentum to improve over the coming quarters.Read more

27 Jan 2026

Embassy Developments Ltd is expecting a sharp rise in residential sales bookings during the current financial year, driven by strong housing demand and fresh project launches in the Mumbai Metropolitan Region. The company's management has indicated that bookings could increase to around INR 5,000 crore, nearly two-and-a-half times the level recorded last year. Momentum has picked up following the takeover of Indiabulls Real Estate, with sales already crossing INR 2,000 crore in the first nine months of the fiscal. New luxury launches in Mumbai and sustained sales in existing projects are expected to support growth. The developer is also investing heavily in completing legacy projects while expanding its footprint in premium residential markets.Read more

27 Jan 2026

New Zealand home prices registered a mild increase in December, supported by stronger sales activity earlier in the month, according to REINZ data released in the past week. Seasonally adjusted median prices rose 0.2 per cent from November and were 1.4 per cent higher year-on-year. Although December is typically a slow period for the housing market, activity levels were higher than seen a year earlier in several regions. The data suggests improving buyer confidence as the market shows early signs of stabilisation after a prolonged downturn.Read more

Gurugram News Desk

26 Jan 2026

The Supreme Court has asked the Haryana government and developer Mahira Buildwell for detailed explanations following allegations of fraud in an Economically Weaker Sections (EWS) housing project in Gurgaon under the Pradhan Mantri Awas Yojana (Urban). Homebuyers claim the developer used forged bank guarantees, fake signatures, and improperly obtained licences while completing only a small fraction of the construction. Authorities, including Haryana RERA, banks, and the town planning department, are also under scrutiny for inaction. The court's review could impact regulatory oversight and homebuyer protection in affordable housing projects.Read more

Mumbai News Desk

26 Jan 2026

The Bombay High Court has instructed civic authorities across Maharashtra not to issue Occupancy Certificates (OCs) for buildings that lack functioning Sewage Treatment Plants (STPs) or proper sewage management systems. The ruling addresses untreated sewage flowing into the Ulhas River from several unauthorized and non-compliant structures in Thane district. The court also directed authorities to identify non-compliant buildings, take action against developers, and ensure accountability among officials who issue OCs in violation of regulations. A further hearing on the matter is scheduled later this month.Read more

26 Jan 2026

The Haryana Real Estate Regulatory Authority (RERA), Gurugram-bench, has issued an advisory urging homebuyers and property investors to conduct transactions only through agents who are registered with the regulator, emphasising the legal and financial risks of engaging unregistered intermediaries. According to the advisory, unregistered agents may make misleading assurances that can lead to disputes and complications later in the transaction process, thereby exposing buyers to potential loss and legal issues. The authority clarified that under the Real Estate (Regulation and Development) Act, 2016, no individual may facilitate the sale or purchase of property in a RERA-registered real estate project without proper registration. It further highlighted that the definition of a real estate agent under the Act encompasses brokers, dealers and other intermediaries who negotiate or introduce buyers and sellers for remuneration. Homebuyers have been advised to verify credentials against the official Gurugram RERA register to enhance transparency and protect their interests.Read more

Hyderabad News Desk

26 Jan 2026

Hyderabad's residential property market concluded 2025 with increased registration activity in December, driven by higher-value homes, according to data from Knight Frank India. Registrations of residential properties in December rose 14% year-on-year, with a total of 6,600 homes recorded, marking one of the strongest months of the year. The aggregate value of homes registered in the month climbed significantly, supported by robust demand for properties priced above INR 1 crore. For the full calendar year, total registrations were slightly lower than the previous year, although the overall value of transactions increased due to a shift towards high-value housing. Premium homes continued to account for a growing share of registrations and transaction value across key micro-markets in the Hyderabad metropolitan region, reinforcing the city's sustained interest among buyers for larger and higher-priced residences.Read more

26 Jan 2026

China's rural banks are struggling to sell a growing number of foreclosed properties despite offering discounts of up to 30%, highlighting the depth of the country's property downturn. Listings on JD.com show sharp increases in bank-led auctions across several provinces, with many properties failing to attract buyers. Falling home prices, weak sales and past developer defaults have eroded collateral values, while maturing COVID-era loans are adding to distressed assets. Analysts warn that foreclosures could rise sharply in the coming years, increasing pressure on banks and the housing market.Read more