21 Jan 2026

India's Ministry of Statistics and Programme Implementation is preparing to carry out a nationwide urban slum survey in 2027, marking the first comprehensive exercise in over a decade. The survey will collect detailed data on the number of slums, households, and living conditions, as well as access to basic services like electricity, water, roads, and drainage. It will also highlight changes since the last survey conducted in 2012. This updated information aims to help policymakers plan effective interventions, address service gaps, and improve living standards in urban poor settlements.Read more

21 Jan 2026

Embassy Developments has announced an investment of USD 495 million to develop three luxury residential projects in and around Mumbai, underlining its strategic expansion into India's most expensive and competitive real estate market. The projects, planned across Worli, Juhu and the nearby coastal destination of Alibaug, are expected to generate total revenues of about USD 1.32 billion upon completion. The move comes amid rising demand for premium housing driven by the growing population of high-net-worth individuals in India. Company leadership has emphasised a selective, conviction-led development strategy focused on quality rather than volume.Read more

21 Jan 2026

India's real estate sentiment remained steady in the October-December quarter of 2025, supported by stable liquidity conditions and sustained office demand, as per the Knight Frank-NAREDCO Real Estate Sentiment Index. Both current and future sentiment stayed in positive territory, indicating balanced confidence across asset classes. Office leasing activity across major cities continued to anchor overall outlook, while residential demand showed resilience despite moderated sales momentum. Institutional stakeholders reported stronger confidence than developers, reflecting a cautious but stable market environment as the sector moved towards 2026.Read more

21 Jan 2026

Embassy Developments has announced plans to invest INR 7,000 crore in the Mumbai Metropolitan Region to strengthen its residential presence. The investment will support the launch of three new luxury housing projects in Juhu, Worli and Alibaug, along with the completion of three ongoing developments. The company expects the new projects to generate over INR 12,000 crore in revenue, reflecting confidence in sustained housing demand. Formerly Indiabulls Real Estate, Embassy Developments is now part of the Bengaluru-based Embassy Group, which has a long-standing presence in Indian real estate.Read more

21 Jan 2026

Neinor Homes' preliminary results show a significant rise in net profit following its acquisition of Aedas Homes. Revenues and EBITDA reached the upper limits of the company's 2025 guidance. The firm completed around 2,900 housing unit deliveries and achieved pre-sales of approximately 1,000 million euros, closing the year with a pre-sales order book exceeding 1,200 million euros. The Aedas Homes acquisition strengthened the company's project portfolio, enhanced delivery capacity, and improved financial performance, demonstrating its capacity to integrate acquisitions while sustaining strong market demand for residential developments in Spain.Read more

21 Jan 2026

The Gurugram Department of Town and Country Planning (DTCP) has issued a show-cause notice to Mayfield Garden's N Block RWA and a private party for encroaching on 1.25 acres designated for a public dispensary in Sector 51. Enforcement officials found unauthorised shops, houses, and labour hutments on the reserved land, violating the approved layout and Haryana urban planning laws. The notice demands explanations and relevant approvals, warning that failure to comply could lead to demolition, legal action, and FIR registration. Residents have raised concerns over the loss of planned healthcare facilities.Read more

21 Jan 2026

Crest Urban Living Private Limited, a wholly owned subsidiary of Crest Ventures Limited, has entered into a joint development agreement with Vensco Group to develop 'Crest Golfshire', a golf course-facing luxury mixed-use residential project in Chembur, Mumbai. Spread over about 2.7 acres opposite the Bombay Presidency Golf Course, the project has an estimated gross development value of around INR 1,850 crore. The development will offer nearly 5 lakh sq ft of saleable area comprising premium 3 BHK and 4 BHK homes with permanent green views. Crest Golfshire marks Crest's entry into golf-oriented luxury housing in Mumbai and is positioned to benefit from improving connectivity and infrastructure in the eastern suburbs.Read more

20 Jan 2026

Bollywood filmmaker and producer Karan Johar purchased an apartment in the Pali Vintage building in Khar West, Mumbai, for INR 8.05 crore. The 1,060.13 sq ft carpet-area apartment includes two dedicated car parking spaces. Stamp duty for the deal amounted to INR 48 lakh, with registration charges of INR 30,000. Khar West is a highly sought-after residential neighbourhood, offering good connectivity, upscale amenities, and proximity to business hubs like Bandra Kurla Complex. This purchase highlights the continued interest of high-net-worth individuals in Mumbai's luxury real estate market.Read more

20 Jan 2026

Sunteck Realty Limited is set to launch the first phase of an ultra-luxury residential development in Goregaon West with an initial investment of INR 1,250 crore. Spread across a prime three-acre land parcel, the 42-storey project carries a total gross development value of around INR 3,000 crore and is positioned as a landmark offering in Mumbai's western suburbs. Designed by internationally acclaimed architect James Law, the development combines ultra-luxury residences with premium commercial, retail, and fine-dining spaces, creating a future-ready mixed-use ecosystem.Read more

20 Jan 2026

Canadian home sales fell 1.9% in 2025 to 470,314 units, influenced by an early-year slowdown from U.S. tariffs, with December sales and prices also declining. CREA highlighted uneven slowdowns across major cities and advised against extrapolating December trends into the new year. Sales are expected to rebound as spring approaches, supported by lower interest rates and ongoing demand. CREA forecasts a 5.1% increase in sales and a 2.8% rise in average prices this year, led by British Columbia and Ontario, with continued growth projected into 2027.Read more

20 Jan 2026

The Goa government has made it mandatory for large residential, commercial, industrial, and government buildings to install rooftop rainwater harvesting systems. This move is aimed at improving water conservation and recharging groundwater in the state. The policy applies to residential complexes on plots of 2,000 square metres and above, commercial complexes on 1,500 square metres or more, and industrial units on 10,000 square metres or more. Exemptions are provided for buildings with sewage treatment plants or greywater recycling systems. The initiative also links to the Catch the Rain 2025 campaign for schools and government buildings.Read more

20 Jan 2026

K Raheja Corp has announced plans to develop a global school on a 1.18-acre land parcel in Juinagar, Navi Mumbai, as part of its large mixed-use development in the region. The international school, with a built-up area of around 1.8 lakh sq ft, will offer education up to Class 12 and is expected to commence its first academic session within the next three to four years. While the company has not disclosed the total investment for the project, the initiative underlines its focus on creating integrated urban ecosystems that combine education, workplaces, residences and lifestyle infrastructure. The school will form a key social infrastructure component of the developer's over 50-acre mixed-use township in Navi Mumbai.Read more

19 Jan 2026

Megatel Homes LLC is set to launch its first crypto payments and rewards token, MegPrime, after receiving a no-action letter from the SEC. The token will allow users to make payments, earn rebates, and redeem points for housing-related benefits, continuing a program that began in 2019 offering renters equity toward home purchases. CEO Zach Ipour emphasized the plan merges real estate operations with digital currency. The token will not confer any ownership or investment rights, reflecting growing adoption of blockchain in mainstream consumer programs.Read more

19 Jan 2026

M3M India and Smartworld Developers have entered into a partnership with global luxury brand Elie Saab to develop two branded residential projects in Gurugram and Noida with a combined investment of around INR 3,500 crore. The developments will include about 950 premium homes across both locations, positioned as high-end branded residences. The projects mark Elie Saab's first association with residential real estate in India and are planned for completion by 2030, reflecting rising demand for globally designed luxury housing in NCR.Read more

19 Jan 2026

Bengaluru-based Sumadhura Group plans to invest around INR 6,000 crore to develop six new residential projects in the city, reflecting continued confidence in housing demand, particularly in premium segments. The projects, scheduled for launch during the current quarter, will comprise over 4,000 units including apartments and residential plots. Located across east and north Bengaluru, the developments will span nearly 90 acres and offer a total saleable area of more than 8 million square feet. The company expects to generate around INR 10,000 crore in revenue from these projects. Despite broader market data showing flat quarterly sales in Bengaluru, Sumadhura sees sustained end-user demand. Over the past three decades, the group has delivered 56 projects covering more than 17 million square feet across multiple real estate verticals.Read more

19 Jan 2026

Prestige Estates has recorded strong growth in sales bookings, reporting a 39 per cent rise to INR 4,183.6 crore in the third quarter, with pre-sales in the first nine months more than doubling to INR 22,327.3 crore. The company sold 1,811 units in the quarter, taking nine-month sales to 8,598 units, and achieved 16.95 million sq ft in cumulative sales volume. Mumbai, Bengaluru, and Hyderabad led the geographical mix, and the average price per sq ft rose by 6 per cent. The performance reflects strong customer confidence in the Prestige brand.Read more