13 Nov 2025

Earlier this week, the Navi Mumbai Municipal Corporation (NMMC) directed all owners of buildings aged over 30 years to carry out structural audits through registered engineers and submit reports confirming their safety. A recent civic survey identified 513 structures as dangerous under the Maharashtra Municipal Corporation Act. Property owners who fail to comply by March 2026 could face fines of up to INR 25,000 or the equivalent of their annual property tax, whichever is higher, along with potential evacuation orders.Read more

13 Nov 2025

The Supreme Court recently highlighted significant gaps in India's property registration system, noting that disputes over immovable property make up around two thirds of civil cases. It asked the Law Commission to examine blockchain technology for secure and tamper?proof land records, integrating cadastral maps, survey data, and revenue records. In a separate development, the NCLAT set aside insolvency proceedings against Mahagun India Pvt Ltd, emphasizing project-specific review and due process, which impacts thousands of homebuyers and ensures developers and lenders can address defaults fairly.Read more

12 Nov 2025

Signature Global, a leading real estate developer, hosted its DXP WellFest at DXP Estate, Sector 37D, Dwarka Expressway, Gurugram, earlier this week. The wellness event aimed to strengthen the developer's vision of fostering a holistic community environment. Renowned actor and philanthropist Sonu Sood inspired participants to adopt fitness and mindfulness as integral parts of everyday life. The fest also featured fitness sessions by Tagra Raho, nutrition experiences by FITTR, and various wellness activities, reaffirming Signature Global's commitment to promoting healthy, community-driven living.Read more

12 Nov 2025

Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a hybrid hearing system, allowing parties in disputes to attend either physically or via video-conference. The move follows directions from the Bombay High Court emphasizing that digital-only hearings cannot replace access to justice. Virtual hearings are recorded, and all orders are timestamped and published online. While simple cases are increasingly handled digitally, complex matters continue in person. The change aims to improve efficiency, transparency, and convenience, reducing travel and delays for homebuyers and developers across Maharashtra.Read more

12 Nov 2025

A new report by ANAROCK Group indicates that in the top seven Indian cities housing sales value is projected to increase by nearly 19 % in FY26, crossing INR 6.65 lakh crore, even though unit volumes are expected to stagnate. The rise is driven by luxury and ultra-luxury home transactions along with higher average ticket sizes. In the first half of FY26 over 1.93 lakh units were sold for a total value already exceeding INR 2.98 lakh crore about 53 % of FY25's full-year value. Cities such as the National Capital Region (NCR) and Chennai are leading, while the Mumbai Metropolitan Region (MMR) lags.Read more

12 Nov 2025

The CREDAI-MCHI Thane Redevelopment Expo held recently at the Raymond Trade Show Hall drew a significant turnout from housing society members, developers, and industry professionals. The two-day event, organised to promote awareness and collaboration in Thane's redevelopment landscape, facilitated productive discussions on policy reforms, project design, and legal aspects of redevelopment. With over 2,000 attendees, the expo demonstrated Thane's growing enthusiasm for rejuvenating ageing housing societies through sustainable and community-oriented development models.Read more

12 Nov 2025

CREDAI-MCHI Thane inaugurated the Redevelopment Expo 2025 at the Raymond Trade Show Hall, marking a pivotal step in Thane's real estate transformation. The event drew over 2,000 attendees, including developers and housing society representatives, to explore redevelopment opportunities. Leaders such as Sachin Mirani and Jitendra Mehta emphasised the expo's role in guiding societies through redevelopment, while Ajay Ashar noted that nearly half of Thane's housing stock is over 30 years old. The event also saw the launch of Thane Vision 2030, outlining key infrastructure plans. Officials, including MP Naresh Mhaske and Collector Shrikrishna Panchal, praised the initiative for promoting collaboration and improving urban living standards.Read more

11 Nov 2025

The Ujjain Development Authority (UDA), along with the municipal corporation and district administration, demolished illegal constructions on three plots in Begambagh, each about 2,400 sq. ft., after leaseholders violated land-use terms. Originally allotted in 1985 for residential use under 30-year leases, the plots were later used for commercial purposes without renewal. Following the court's dismissal of a stay order, UDA reclaimed the land under CEO Sandeep Kumar Soni's supervision. Over 200 personnel ensured a peaceful operation. The UDA said it will continue monitoring other properties to prevent similar violations, reinforcing strict enforcement of lease and land-use regulations in Ujjain.Read more

11 Nov 2025

Mumbai's Economic Offences Wing (EOW) has booked real estate developer Subbaraman Anand Vilaynur, his wife Uma Subbaraman, and B P Gangar Constructions for allegedly duping homebuyers of nearly INR 100 crore. The case was filed following a complaint by a 62-year-old chartered accountant, Anil Dron, who claimed that 102 buyers were promised flats in the "Sky 31" project in Wadala (West) since 2018. Instead of using the collected funds for construction, the accused allegedly diverted them to personal and other accounts and even sold one flat to two different buyers.Read more

11 Nov 2025

Pioneer Urban Land and Infrastructure Ltd has recently purchased a 9,419 sq ft apartment in DLF's premium residential project, The Camellias, located in Gurugram. The deal, valued at INR 95 crore, was confirmed by real estate analytics firm CRE Matrix after reviewing the registration documents. The registration took place in the past month. Alongside this purchase, three additional residential properties, collectively worth about INR 176 crore, were also registered during the same period, highlighting the continued strength of Gurugram's ultra-luxury housing segment.Read more

11 Nov 2025

State-run Housing and Urban Development Corporation Ltd (Hudco) reported a moderate rise in profit for the September quarter, supported by robust income growth and improved loan performance. The firm witnessed increased interest income and loan disbursements, while maintaining a healthy asset quality with reduced NPAs. Management indicated optimism for continued expansion through the government's infrastructure focus and the upcoming PMAY 2.0 initiative, projecting a healthy CAGR and steady margins for the remainder of the fiscal year.Read more

11 Nov 2025

Dubai's property sector, which has witnessed soaring prices and record investment in recent years, is heading towards a new phase as a massive residential supply pipeline approaches completion between 2026 and 2028. With over 200,000 new units expected, analysts are assessing how this surge will affect market equilibrium. While some foresee moderate corrections, experts suggest that strong rental demand, immigration, and economic growth may cushion the impact. Investors are now re-evaluating strategies amid predictions of selective price adjustments and steady yields.Read more

10 Nov 2025

Godrej Properties remains confident of achieving or surpassing its FY26 pre-sales target of INR 32,500 crore, driven by sustained housing demand across major cities. Executive Chairperson Pirojsha Godrej said the firm met 48% of its annual target in the first half, with pre-sales rising 13% year-on-year to INR 15,587 crore. The company also reported a 21% increase in quarterly net profit to INR 402.99 crore and total income of INR 1,950.05 crore. A major Worli project with over INR 10,000 crore revenue potential is expected to boost results. Supported by strong cash flow and a INR 6,000 crore equity base, the firm remains focused on growth across key metros.Read more

10 Nov 2025

NVT Quality Lifestyle has announced an ambitious plan to triple its growth by developing three million sq. ft. of premium housing in Bengaluru over the next three years, targeting annual sales of INR 1,200�1,500 crore. Leveraging its strong land reserves in Whitefield and Sarjapur, the company aims to expand its footprint in the city�s fast-growing luxury housing market. Founding Director Dr Vivek Garg said two major villa projects will launch within six months, with further expansion planned in North Bengaluru. Established in 2010, NVT has delivered over 1,000 villa homes and built a reputation for quality, transparency, and design-led, professional development.Read more

10 Nov 2025

As India's property sector continues to evolve, redevelopment is being seen as a key driver of value creation for homeowners. CREDAI MCHI Thane is preparing to host its Redevelopment Exhibition and Convention at the Raymond Trade Show Hall in Thane to help housing societies navigate the redevelopment process with greater ease. The event, scheduled for the coming week, aims to educate residents on how the revised FSI norms and policy changes can turn ageing structures into modern, high-value assets that enhance community living and long-term property worth.Read more

10 Nov 2025

The Appellate Tribunal of the Odisha Real Estate Appellate Tribunal (OREAT) affirmed an earlier order by the Odisha Real Estate Regulatory Authority (ORERA) in favour of a buyer who alleged delayed possession, absence of valid occupancy and fire-safety certificates, and non-provision of amenities promised under the sale agreement. The developer was ordered to pay interest, obtain a proper occupancy certificate and hand over promised amenities. The ruling reinforces protections under the Real Estate (Regulation and Development) Act, 2016 (RERA) and signals greater accountability for developers.Read more