06 Nov 2025

The Uttar Pradesh Housing Board (UPHB) has listed about 4,200 residential units in Lucknow on a centralised online portal, providing details such as addresses, area, cost, and photographs mapped via Google Maps. The initiative, part of a state-wide directive covering 29 housing authorities, aims to enhance transparency and convenience by reducing the need for in-person visits. Buyers can register online and participate in lottery draws for units in government-backed projects such as Avadh Vihar, Himalayan Enclave, and Kailash Enclave. With 21 of 30 agencies having uploaded listings so far across cities like Agra, Kanpur, Varanasi, and Ghaziabad, the move marks a step toward streamlined, accessible housing allocation in Uttar Pradesh.Read more

06 Nov 2025

Mid-premium developer Shriram Properties has entered into a joint development agreement (JDA) for approximately five acres along Bannerghatta Road in south Bengaluru, with estimated gross development value (GDV) of over INR 350 crore. The company intends to develop an exclusive "villament" community, meaning a hybrid of villas and apartments, and plans to launch the project during the current fiscal year. The move expands its mid-premium housing portfolio and builds on its track record of delivering 48 projects and 28.3 million sq ft of saleable area across Bengaluru and Chennai.Read more

05 Nov 2025

The Lucknow Development Authority (LDA) has extended the registration deadline for the Atal Nagar Housing Scheme to 21 November, giving low- and middle-income buyers more time to apply. The project comprises 19 towers with 2,496 flats, offering 1-BHK units of around 30 sq m and 2-BHK units up to 54.95 sq m, priced from INR 9.82 lakh onwards. Equipped with modern amenities such as lifts in all buildings, reliable water and electricity supply with backup, landscaped green areas, play zones and parking facilities, the scheme aims to provide affordable yet well-equipped housing.Read more

05 Nov 2025

Invitation Homes reported stronger third-quarter results as demand for single-family rental homes across the U.S. remained firm. The company posted total revenue of USD 688.2 million, surpassing Wall Street's estimate of USD 675.1 million. Core funds from operations stood at USD 0.47 per share, meeting market expectations. The Dallas-based real estate investment trust also maintained its 2025 core FFO forecast between USD 1.90 and USD 1.94 per share. Renewal rents grew 4.5% for existing tenants, highlighting steady leasing activity across its portfolio of nearly 85,000 homes in 16 markets.Read more

04 Nov 2025

The Lucknow Development Authority (LDA) has announced a 13-day special registration camp to fast-track pending property registrations through a single-window system. The initiative, directed by Vice-Chairman Prathmesh Kumar, will be held in the LDA committee hall, where officials will prepare documents during the first ten days, followed by on-site registry department officers completing registrations in the final three. Secretary Vivek Srivastava said the effort aims to clear the backlog of residential and commercial cases, while Deputy Secretary Madhvesh Kumar urged allottees who have paid most of their dues to participate. The camp seeks to reduce administrative delays and deliver a time-bound resolution for long-pending property titles.Read more

04 Nov 2025

Mumbai recorded around 11,200 property registrations during the past month, reflecting a 14% year-on-year dip, largely attributed to last year�s elevated festive base. According to Knight Frank India, stamp duty collections touched INR 1,004 crore, showing a 17% fall. Despite the decline, the city maintained over 11,000 registrations, highlighting persistent buyer confidence, particularly in the mid-income and western suburban segments, which continued to dominate the market share.Read more

04 Nov 2025

UK house prices rose 0.3% in the past month, beating expectations and marking continued resilience in the housing market ahead of Finance Minister Rachel Reeves' budget, according to Nationwide. Prices were up 2.4% year-on-year, accelerating from 2.2% in the previous month, while economists had predicted no monthly change. Chief Economist Robert Gardner said the market's strength was notable despite high mortgage rates and soft consumer confidence. The Bank of England reported stronger-than-expected mortgage approvals, and Gardner suggested affordability could improve if income growth outpaces prices. With household debt at a 20-year low and borrowing costs likely to ease, the housing market appears stable but cautious ahead of fiscal policy announcements.Read more

04 Nov 2025

UP RERA has approved 15 new real estate projects across eight districts of Uttar Pradesh, involving an estimated investment of INR 2,434 crore. The clearances, issued during the authority's 187th meeting chaired by Sanjay Bhoosreddy, cover 3,043 residential flats, 98 plots, and 50 commercial shops. Projects were sanctioned in Lucknow, Shahjahanpur, Mathura, Moradabad, Ghaziabad, Hapur, Noida, and Jhansi, with most being residential. Bhoosreddy said the approvals will boost transparency, employment, and investment, reflecting the state's expanding real estate potential. The developments are expected to create thousands of jobs and stimulate demand in allied industries, reinforcing Uttar Pradesh's balanced and inclusive property market growth.Read more

04 Nov 2025

DLF Ltd has sold 221 super-luxury apartments worth about INR 16,000 crore in its premium residential project, 'The Dahlias,' located in Gurugram's DLF Phase 5. The project, launched last year, comprises 420 apartments and penthouses spread across 17 acres. The developer has already achieved sales bookings of INR 15,818 crore till the September quarter. A single buyer recently purchased four apartments for INR 380 crore. Despite a dip in quarterly profit, DLF remains confident of achieving its annual sales guidance, supported by this project and upcoming launches.Read more

04 Nov 2025

The Slum Rehabilitation Authority (SRA) has initiated a series of technology-driven reforms aimed at expediting slum rehabilitation projects across Mumbai. Led by CEO Dr Mahendra Kalyankar, the Authority introduced measures such as blockchain-based approval systems, AI chatbots, and multi-language portals to improve transparency and efficiency. Developers' associations including CREDAI MCHI, NAREDCO, BDA, and PEATA lauded the reforms, noting renewed optimism in the sector and the SRA's commitment to achieving a slum-free Mumbai.Read more

03 Nov 2025

Mortgage rates in the United States declined last week, with the average 30-year fixed-rate mortgage easing to around 6.17%, the lowest level in about a year. The drop follows the Federal Reserve's recent 25-basis-point rate cut, though further reductions are unlikely soon as Treasury yields have risen. The lower rates have encouraged refinancing activity but have not provided a major boost to home sales, which remain constrained by high property prices, a cooling labour market, and growing economic uncertainty.Read more

03 Nov 2025

The Nagpur Municipal Corporation (NMC) is set to launch a city-wide AI-driven property survey across all ten zones-its first since 2016-to improve property tax accuracy and address inefficiencies in manual record updates. A pilot in Laxmi Nagar revealed 2,000 new properties and 7,000 with unrecorded structural or usage changes, highlighting gaps in the existing system. The new survey will focus solely on built-up properties, combining AI mapping with door-to-door verification to assess real-time changes. With property tax arrears exceeding INR 900 crore, the initiative aims to enhance revenue, ensure fair valuations, and promote transparency in urban governance. The survey rollout is expected early next financial year.Read more

03 Nov 2025

The state urban development department has named the Slum Rehabilitation Authority (SRA) and Dharavi Redevelopment Project (DRP) as special planning authorities for the 42.51-acre Jamasp Salt Pan land in Mulund East and the 8.5-hectare Kurla Dairy land. These parcels form part of the 256-acre land approved by the Centre for the Dharavi redevelopment, aimed at housing ineligible residents through rental units. Navbharat Mega Developers Pvt Ltd, the special purpose vehicle for the project, paid INR 320 crore for the Salt Pan land, which it took possession of earlier this year.Read more

03 Nov 2025

The UK's Competition and Markets Authority (CMA) has officially closed its investigation into seven leading housebuilders Barratt Redrow, Persimmon, Taylor Wimpey, Bellway, Berkeley Group, Bloor Homes, and Vistry Group after accepting binding commitments to address concerns of possible anticompetitive conduct. The firms have jointly agreed to contribute GBP 100 million (USD 134 million) to affordable housing schemes, stop sharing confidential pricing information, and strengthen compliance systems. The CMA decided to close the case without concluding whether competition law had been breached, marking the end of a months-long inquiry.Read more

03 Nov 2025

Blue Dart Express Ltd reported a 30.8% rise in standalone net profit to INR 79.5 crore for the quarter ended 30 September 2025, with revenue from operations at INR 1,549 crore. For the first half of FY26, profit grew 12.6% to INR 126.43 crore, while sales rose 7.2% to INR 2,991.25 crore. The company credited its growth to network expansion, automation, and last-mile delivery enhancements. Managing Director Balfour Manuel said Blue Dart remains poised to benefit from GST 2.0 and rising logistics demand. The firm also launched a Digital Account Opening platform and inaugurated a Green Integrated Ground Hub in Haryana, highlighting its focus on digitalisation, sustainability, and scalable logistics infrastructure.Read more

02 Nov 2025

The Bombay High Court has overturned the de-registration of a Borivli West housing society federation, ordering restoration of its registration under the Maharashtra Cooperative Societies Act. The federation, registered in January 2018, had been de-registered following an appeal filed in April 2025-almost seven years later-by another society claiming ignorance of its registration. However, the federation presented evidence showing that the appellant society had earlier applied for membership, proving prior knowledge. Justice Amit Borkar ruled that false claims cannot justify condonation of delay, quashing the registrar's order. The court stressed that statutory authorities must act within the law, reinforcing accountability and truthfulness in cooperative society proceedings across Maharashtra.Read more

02 Nov 2025

With the rise in natural calamities, safeguarding one's home through adequate insurance coverage has become essential. Choosing the right sum insured is a critical step in ensuring full financial protection against potential losses. The sum insured generally represents the cost required to rebuild the home, though insurers also offer market value or agreed value options. By including essential clauses such as reinstatement, market value, escalation, and indemnity basis, homeowners can achieve comprehensive coverage for both structure and contents, ensuring financial security during unforeseen events.Read more

02 Nov 2025

Shriram Properties Ltd has entered into a joint development agreement with a landowner to develop a premium residential project in Hinjewadi, Pune, with an estimated gross development value (GDV) of around INR 700 crore. The project, spread across 0.7 million sq ft, will be the company's second venture in Pune. The firm, which recently entered into another similar agreement in North Bengaluru, continues to expand its footprint in key urban markets, supported by strong demand from the city's IT and industrial sectors.Read more

02 Nov 2025

The long-awaited redevelopment of Rajaji Nagar in Thiruvananthapuram is set to begin its first phase under the National Smart Cities Mission. The initial block, costing INR 9 crore, features 32 two-bedroom apartments of about 600 sq ft each and is ready for opening next month. Designed for expansion up to six floors, the project will eventually house 48 families. Spread across 12.6 acres, the larger redevelopment will upgrade drainage, roads, parking, and community spaces. Despite earlier delays and relocation challenges, around 20 families have already moved into temporary housing. The project marks a key step toward modernising Rajaji Nagar while preserving its long-established community fabric.Read more

01 Nov 2025

Pending home sales in the U.S. remained unchanged in September, as economic uncertainty and a weak labour market outweighed the benefits of falling borrowing costs. The National Association of Realtors reported no monthly change, following a 4.2% rise in August, while sales were down 0.9% year-on-year. Regionally, contracts fell in the Midwest and West, but rose in the South and Northeast. The average 30-year mortgage rate eased to 6.30%, yet affordability issues kept buyers cautious. Analysts cited the ongoing government shutdown, rising unemployment, and job cuts as key drags on sentiment. While refinancing surged, new home purchases lagged, underscoring a fragile housing recovery amid persistent economic headwinds.Read more