19 Jan 2026

The Delhi Development Authority's Karmayogi Awaas Yojana 2025 witnessed strong demand as nearly 60 per cent of the 684 flats were booked within the first 24 hours of launch. The initial bookings are expected to generate around INR 450 crore in revenue. One BHK units were almost fully sold on the first day, while two BHK flats contributed the most to early revenue. Officials attribute the response to improved infrastructure, upcoming transit links, and the area's growing appeal for government employees. Bookings remain open until the end of March.Read more

19 Jan 2026

The Supreme Court has clarified that homebuyers maintenance societies and Resident Welfare Associations (RWAs) do not have the legal right to intervene in the insolvency proceedings of a developer under the Insolvency and Bankruptcy Code (IBC). The court observed that such societies are formed to manage common facilities and do not automatically qualify as financial creditors unless they have directly advanced money or are legally recognised. The ruling reinforces that only genuine creditors aiming at corporate revival can participate in the insolvency process. Homebuyers still have alternative legal remedies outside insolvency forums.Read more

18 Jan 2026

The Punjab government has reduced reserve prices for unsold Greater Mohali Area Development Authority (GMADA) properties by an average of 22% to encourage sales. The move covers residential plots, commercial spaces, industrial parcels, institutional land, and hotel sites that remained unsold despite repeated e-auctions over the past five years. A committee of independent valuers reviewed and recommended the revised prices, which will remain effective for a year, with provisions for further reductions if properties continue to remain unsold. The initiative aims to align prices with market realities and revive real estate activity in the region.Read more

18 Jan 2026

Existing home sales in the United States accelerated in December, supported by easing mortgage rates and slower growth in house prices, according to data released by the National Association of Realtors. Sales rose sharply on a monthly basis and exceeded market expectations, while annual growth also turned positive. Improving conditions in the final quarter of the year were attributed to reduced borrowing costs and more moderate price increases, although housing inventory remained constrained. Mortgage rates declined during 2025 but continued to stay well above levels seen three years earlier. Inventory levels showed a marginal improvement, while median home prices recorded only modest annual growth, reflecting ongoing affordability pressures.Read more

18 Jan 2026

Chandak Group has marked 40 years of operations in Mumbai's residential real estate market by launching #Mission4000Trees, a tree plantation initiative focused on enhancing the city's green cover. Instead of a traditional anniversary celebration, the developer undertook a large-scale plantation drive at its Chandak Treesourus project in Malad West, where 4,000 saplings were planted. The initiative reflects the company's stated emphasis on sustainability and environmental responsibility alongside urban development. The plantation drive was designed as a community-led effort involving residents and stakeholders, and also highlighted the group's approach to integrating open spaces and greenery within residential projects in densely populated parts of Mumbai.Read more

17 Jan 2026

The Gujarat Real Estate Regulatory Authority (GujRERA) has ruled that developers must bear maintenance costs for unsold housing units from the time a project receives Building Use (BU) permission until the units are sold. This decision follows complaints from housing societies, such as in Vastrapur, Ahmedabad, where residents had to cover expenses for common facilities due to non-payment by promoters. GujRERA clarified that promoters, as owners of unsold flats, are liable for maintenance like other allottees, reinforcing accountability and ensuring fair cost allocation in housing societies across Gujarat.Read more

17 Jan 2026

Sattva Group has strengthened its premium housing presence in Bengaluru with the launch of Sattva Aaranya, a new residential project on the fast-growing Mysore Road corridor in West Bengaluru. Located next to Jnanabharathi Metro Station on the Purple Line and close to the Bengaluru-Mysuru Expressway, the project offers strong connectivity across the city and beyond. Overlooking the expansive Bangalore University campus, it brings rare green views to urban living. Spread across six acres, the development features 480 spacious 3 and 4 BHK homes designed for light, ventilation and long-term comfort. Nature-led planning, landscaped spaces and lifestyle amenities further enhance everyday living.Read more

17 Jan 2026

Kolte-Patil Developers Ltd has entered into a joint development partnership with a landowner to develop a residential project in Pune, with an estimated revenue potential of INR 850 crore. The proposed housing project will be developed at Bhugaon and will have a total developable area of around 1.1 million square feet. The company disclosed the transaction in a regulatory filing, stating that the project's expected gross developable value reflects the total sales potential of the development. The identity of the landowner has not been disclosed. The agreement aligns with Kolte-Patil Developers strategy of expanding through asset-light partnerships in key residential markets.Read more

17 Jan 2026

U.P. RERA achieved record growth in 2025, with 308 real estate projects registered, up from 259 in 2024, and 84,976 units approved, marking a 22.5 percent increase over the previous year. Capital investment surged to INR 68,328 crores, a 53.5 percent rise, reflecting strong investor confidence. Growth was not limited to the NCR, with non-NCR districts like Lucknow, Mathura, Bareilly, and Agra seeing increasing projects. Religious cities such as Ayodhya, Varanasi, and Prayagraj also attracted significant investment. These trends highlight the success of U.P. RERA and government policies in fostering transparency, regional development, and investor-friendly conditions.Read more

17 Jan 2026

The Tamil Nadu Industrial Development Corporation (TIDCO) has begun showcasing model houses for families affected by the proposed Parandur greenfield airport in Kancheepuram district. The 400 sq ft demonstration homes, built near the Parandur primary health centre, allow residents from 13 impacted villages to review housing options under the rehabilitation plan. The state's relief package includes land compensation ranging from INR 35 lakh to INR 60 lakh per acre, along with choices of alternate housing plots with built homes or cash options. TIDCO has also outlined plans for integrated townships with schools, hospitals and civic amenities. While the initiative aims to ensure transparent resettlement, community responses remain mixed.Read more

16 Jan 2026

UK homebuilder Vistry has forecast profit for 2025 below market expectations after reporting a decline in home sales amid continued uncertainty in the housing market. The company said softer demand from private buyers and delays in partner-funded housing deals affected performance, while forward sales also declined year on year. Although revenue remained broadly flat, sales volumes fell and investor sentiment weakened, leading to a sharp drop in the company's share price. Vistry said government-backed affordable housing programmes continued to support activity, but affordability pressures and fiscal uncertainty limited private market recovery. The company expects future opportunities from long-term government housing initiatives, while remaining cautious on near-term conditions.Read more

16 Jan 2026

Puravankara Ltd reported a 17 per cent rise in sales bookings to INR 1,414 crore in the third quarter of the current financial year, aided by steady demand for residential projects. Sales volumes rose to 1.49 million square feet, while average realisation increased to INR 9,500 per square foot. For the first nine months, bookings grew 9 per cent to INR 3,859 crore. The company also posted higher collections and continues to expand its presence across major Indian cities with a strong project pipeline.Read more

16 Jan 2026

The Odisha government is stepping up efforts to complete around 48,000 unfinished homes under the Pradhan Mantri Awas Yojana Urban (PMAY-U) as it works to meet central timelines and deliver homes to eligible beneficiaries. The pending units are spread across several urban local bodies and had faced delays due to labour shortages, supply issues and administrative hurdles. To speed up construction, state agencies have strengthened coordination with contractors, improved material supply chains and increased on-ground monitoring. The renewed push aims to benefit low-income urban families awaiting possession while ensuring compliance with PMAY-U quality and completion norms. The initiative reflects Odisha's focus on accelerating affordable housing delivery through tighter oversight and better project execution.Read more

16 Jan 2026

The Bangalore Development Authority (BDA) carried out a major demolition drive in Saraipalya, Thanisandra, removing over 60 structures including homes, godowns and garages. The authority said the action targeted unauthorised buildings on notified BDA land linked to the Arkavathi Layout project, claiming the land was acquired years ago and the constructions lacked valid approvals. The operation has triggered strong reactions from residents, many of whom say they hold e-Khata certificates, tax receipts and utility connections. The demolitions have caused distress and displacement, prompting calls for temporary relief and clarity on land records. The incident highlights ongoing challenges around urban growth, land ownership disputes and regulatory enforcement in rapidly expanding Bengaluru.Read more

16 Jan 2026

Sumadhura Group is set to expand its luxury housing footprint in Bengaluru with the launch of six new residential projects this financial year, targeting revenue of nearly INR 10,000 crore. Spread across key growth corridors such as Whitefield, Panathur, Marathahalli,Thubarahalli, Rachenahalli and Devanahalli, the developments will offer over 4,000 premium apartments and 400+ plotted units across 90 acres. Three projects have already received RERA approvals, featuring resort-style amenities, distinctive architecture and lake-facing homes. The remaining launches are also planned within the year. With nearly three decades of experience and a strong development pipeline, Sumadhura continues to strengthen its presence in Bengaluru's premium residential market.Read more

15 Jan 2026

ASK Property Fund has invested INR 340 crore in three residential projects developed by Mantra Group across Mumbai and Pune, reinforcing institutional confidence in the housing market. The funding will support the acquisition of two projects through the NCLT resolution process and help advance a third ongoing development. Part of the capital will be used to clear dues to financial creditors, while the rest will fund construction and execution. The projects are located near JVLR in Mumbai and in Wakad and Mundhwa in Pune, areas known for strong connectivity and housing demand. The investment supports Mantra Group's expansion plans and highlights growing private equity interest in well-located residential developments.Read more