22 Sep 2025

Dubai's rental market is seeing a major shift, with long-term agreements rising 17.3% year-on-year, according to Colife Dubai. Families, students, and expats are driving demand for stable housing, locking in yearly leases to save on rising rents-such as AED 14,999 per month for a two-bedroom in Dubai Marina versus AED 16,499 on short-term stays. September offers tenants wider choice and better deals before competition spikes in October and November. Popular long-term hubs include Dubai Marina, Downtown, Jumeirah Village Circle, Dubai Hills, and Al Barsha. With rental yields averaging 7-12%, the trend benefits both tenants seeking security and investors seeking reliable returns.Read more

22 Sep 2025

The Navi Mumbai Municipal Corporation (NMMC) has issued fresh directives for pet dog owners, reminding them of licensing requirements, mandatory vaccination, and responsible handling while in public spaces. The move comes in the backdrop of complaints regarding aggressive dog breeds and rising incidents of stray dog-related issues. NMMC also reiterated compliance with Supreme Court and Animal Welfare Board guidelines, warning that failure to adhere would attract penalties.Read more

22 Sep 2025

The Telangana Real Estate Regulatory Authority (TG RERA) has penalized Sunrise Infra Properties with a fine of INR 25.8 lakh for illegally advertising and selling plots in their Siri Vanam project. The company had marketed agricultural land as farm plots without securing layout approval, land conversion, or project registration. TG RERA found the violations after examining registered sale deeds, brochures, and encumbrance certificates. The developer denied the charges, but TG RERA rejected their arguments and restrained them from further sales until necessary approvals are obtained, issuing a caution for potential buyers.Read more

22 Sep 2025

Emaar Properties has confirmed it will retain full ownership of Emaar India and is considering joint ventures with major Indian groups like Adani instead of selling its stake. The developer had entered India in 2005 with MGF Development, investing around INR 8,500 crore, before demerging in 2016. Emaar India today operates projects across several key cities. Despite reporting a net loss in the 2024 financial year, its revenues increased significantly from the previous year. Globally, Emaar continues to hold a large land bank, with more than 122,000 units delivered since 2002, including iconic projects such as the Burj Khalifa.Read more

22 Sep 2025

Maharashtra's Deputy Chief Minister, Shri Eknath Shinde, has directed a thorough investigation and legal proceedings against developers responsible for constructing 65 unauthorized buildings in Kalyan-Dombivli. These structures, deemed illegal by the High Court, have left residents vulnerable to eviction after being misled by builders. Shinde has instructed the Kalyan-Dombivli Municipal Commissioner to file a complaint with the Economic Crime Investigation Branch. Additionally, he emphasized the importance of public awareness by suggesting the installation of information boards and regular publication of official building lists on the municipal website to assist citizens in obtaining accurate information.Read more

22 Sep 2025

Single-family housing starts in the U.S. dropped to their lowest in about two and a half years in August, mainly because of an overhang of unsold homes. The Commerce Department reported declines in both new construction and future building permits, with the South showing the steepest fall. While mortgage rates have eased recently and the Federal Reserve has started cutting interest rates again, economists believe these measures may not be enough as weak job growth and rising unemployment weigh on homebuyer demand. Builders are now focusing on clearing inventory through price cuts and incentives.Read more

21 Sep 2025

Hong Kong has lowered the minimum qualifying amount for residential property purchases under its New Capital Investment Entrant Scheme from HKD 50 million to HKD 30 million (USD 3.9 million). The move aims to revive the city's struggling housing market, where prices remain near their lowest since 2016. Applicants must still meet the HKD 30 million total investment threshold, with only up to HKD 10 million allowed in residential property, the rest in financial assets. While the change may attract some high-net-worth investors to luxury homes, analysts warn that oversupply and weak economic conditions will limit impact, requiring broader demand-boosting measures.Read more

21 Sep 2025

Actor Sanjay Mishra has purchased a sea-view apartment in Raheja Exotica Cyprus, Madh Island, Mumbai, for INR 4.75 crore. The flat, spread across 1,701 sq ft with an additional deck area, places him in the same project where singer Jubin Nautiyal bought a home late last year. Mishra joins several film personalities who have invested in this coastal location, which has seen rising property rates due to upcoming infrastructure like the Versova-Madh bridge and Bandra-Versova Sea Link.Read more

21 Sep 2025

The Rajasthan Housing Board has recorded a surge in applications for its newly launched residential schemes in smaller towns and semi-urban locations. Projects in Nainwa, Badi Road in Dholpur and Panerio ki Madri in Udaipur have witnessed demand exceeding available units, with Udaipur's scheme drawing eighteen applicants for each flat. Offering homes from about INR 7.8 lakh, these schemes are attracting interest from economically weaker and lower-income groups.Read more

20 Sep 2025

The Greater Noida Authority has imposed penalties amounting to INR 54 lakh on seven builders whose sewage treatment plants (STPs) were found non-functional, leading to untreated sewage being released into drains. The Authority has reiterated that the operation of STPs is mandatory and warned that repeat violations will lead to FIRs as per directives from the National Green Tribunal and the Central Pollution Control Board.Read more

20 Sep 2025

China's housing market continues to face downward pressure, with new home prices falling 0.3% month-on-month and 2.5% year-on-year in August. Resale prices in tier-one, tier-two, and tier-three cities also declined, while property investment dropped 12.9% year-on-year from January to August. Analysts say recovery may not occur until 2026 or 2027 due to weak buyer sentiment, high inventory, and employment pressures. Policymakers are easing home purchase restrictions and considering credit and interest rate adjustments. Premier Li Qiang has emphasized the need for stronger measures to stimulate housing demand and support market stability.Read more

19 Sep 2025

The Delhi High Court has clarified that grandchildren cannot claim a share in their grandparents' property while their parents are alive. The ruling came in a case where a woman sought partition of her late grandfather's West Delhi property, arguing it was ancestral. Justice Purushaindra Kumar Kaurav held that under the Hindu Succession Act, 1956, property passes to Class I heir's spouse, children, and mother; not grandchildren if their parent survives. The court further ruled that property inherited from parents is an heir's absolute property, not automatically ancestral. The judgment underscores that grandchildren have no rights unless their parent is predeceased or a joint family estate is proven.Read more

19 Sep 2025

The Gurugram district administration reviewed progress on the demolition of unsafe towers at Chintels Paradiso, Sector 109. Three towers have already been razed since demolition began in January, while the fourth is nearly down, and Tower D is expected to be next. Six towers in total D, E, F, G, H, and J were declared unsafe by IIT Delhi experts and cleared for demolition. Towers A, B, and C remain under a Supreme Court stay. Residents have raised concerns about being excluded from discussions, delays in work, and the sudden halt of court-mandated rent payments. Completion this year appears unlikely.Read more