06 Apr 2026

Prestige Estates Projects Ltd has launched a large-scale residential project, Prestige Golden Grove, in Tellapur, Hyderabad, with an estimated revenue potential exceeding INR 9,500 crore. Spread across 28.6 acres, the development will comprise 5,120 housing units with a total saleable area of 10.36 million sq ft. The project caters to mid- to upper-segment buyers, with ticket sizes ranging between INR 1 crore and INR 3 crore. The launch forms part of the company's ongoing expansion strategy in Hyderabad, a market it identifies as demonstrating sustained housing demand supported by infrastructure growth and economic activity.Read more

06 Apr 2026

The Haryana Real Estate Regulatory Authority (HRERA) has dismissed a complaint by Sunrays Heights Pvt Ltd against homebuyers over alleged payment defaults in its Gurugram project. The developer had sought recovery of dues with interest, but the authority ruled that such disputes must be handled as per builder-buyer agreements, not through regulatory intervention. HRERA clarified that payment-related issues are contractual matters and should be resolved through appropriate legal channels. The decision reinforces the role of agreements in real estate transactions and highlights that RERA's mandate is focused on regulation and compliance, not dispute recovery for developers.Read more

06 Apr 2026

The National Company Law Appellate Tribunal has rejected a plea by Raheja Developers to terminate insolvency proceedings for its Raheja Shilas project in Gurugram, stating that disputes with homebuyers remain unresolved. The tribunal held that withdrawal of the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code can only be permitted after a complete settlement between parties. Over 40 homebuyers had initiated the insolvency proceedings, objecting to closure despite claims of possession being handed over. The tribunal has limited the CIRP to the specific project while allowing creditors related to other developments to pursue independent legal action.Read more

Mumbai News Desk

06 Apr 2026

Oberoi Realty has signed a development agreement to redevelop a 1,740 sq metre land parcel in Mumbai's Malabar Hill, one of the city's most premium residential areas. The project, to be executed with adjoining societies under a cluster redevelopment model, is expected to generate up to 51,000 sq ft of free-sale area. This comes soon after the company secured a larger redevelopment deal at Peddar Road. The move reflects its steady focus on South Mumbai, where limited land supply and strong demand continue to drive redevelopment activity.Read more

05 Apr 2026

Casagrand has commenced construction of its residential project Casagrand Mandarin in Miyapur, Hyderabad, introducing what it describes as the city's first UPARTMENT concept. The development spans 8 acres and will comprise 334 units of 3 and 4 BHK homes, designed with a focus on higher carpet efficiency and low-density planning. The project includes 5.7 acres of open space, a 41,000 sq ft clubhouse and multiple lifestyle amenities. Located in a key residential corridor with proximity to IT hubs and metro connectivity, the project is positioned to cater to evolving urban housing preferences centred on space, functionality and end-use demand in Hyderabad's western suburbs.Read more

05 Apr 2026

The Swarajya residential project in Dombivli, developed by Bhagwati Group and Haware Properties and marketed by The Guardians Real Estate Advisory, has recorded over 500 bookings and INR 171 crore in sales within four days of launch. The project received 1,053 expressions of interest in the four weeks prior, translating into 531 bookings from 1,233 walk-ins, reflecting a 47% conversion rate. Launched around Chhatrapati Shivaji Maharaj Jayanti, the project's positioning focused on cultural alignment with the local buyer base. It forms part of the My First Home initiative, which has previously delivered strong sales in Kalyan and Shil Phata. The response highlights sustained demand for affordable housing in emerging micro-markets within the Mumbai Metropolitan Region.Read more

Indore News Desk

04 Apr 2026

Property rates in Indore have been revised under new collector guideline values for the financial year commencing recently, with increases implemented across 2,624 of the district's 4,590 surveyed locations. The revision translates to an average rise of around 26%, with significant adjustments in key urban and peri-urban corridors such as Vijay Nagar, Dewas Naka, and the Super Corridor. The updated rates are aimed at aligning government-notified values with prevailing market prices and supporting land acquisition in infrastructure-linked areas. Despite a rise in stamp duty revenue to approximately INR 2,716 crore in the previous financial year, property registrations declined marginally, indicating a divergence between value growth and transaction volumes.Read more

04 Apr 2026

India's luxury housing market is witnessing a structural shift as Tier 2 cities emerge as key demand centres, driven by locally generated wealth and end-user aspirations rather than metropolitan spillover. According to Anarock, premium and luxury homes now form a rising share of new launches across several non-metro markets, reflecting developer confidence in sustained demand. The trend is supported by enterprise-led growth, including expansion of family-run businesses, SME clusters and startup exits. Demand is largely end-user driven, with business families, next-generation buyers and returning NRIs investing in primary residences. The shift indicates a move away from investment-led buying in metros towards consumption-led, locally anchored housing demand in emerging urban centres.Read more

04 Apr 2026

Saya Group has reported a complete sell-out of its residential project Saya Gold Avenue in Indirapuram, Ghaziabad, with the final units transacting at prices exceeding INR 15,000 per sq ft. The development comprises 1,620 units across eight towers rising up to 39 storeys, positioning it among the tallest residential projects in the city. The project includes a mix of 2BHK to 4BHK units and penthouses, along with an 80,000 sq ft clubhouse and lifestyle amenities. The sales outcome reflects sustained demand for premium housing in Ghaziabad, supported by improved connectivity, established social infrastructure and relatively competitive pricing within the National Capital Region.Read more

Siddhant Aashish Vice President Leasing & Business Development, Umiya Buildcon

04 Apr 2026

India's premium residential market is witnessing a structural shift towards boutique luxury housing, driven by evolving buyer preferences for design quality, privacy, and long-term value over scale and extravagance. According to industry estimates, nearly 66 per cent of residential sales in major cities during 2025 were for homes priced above INR 1 crore, reflecting rising demand in the high-end segment. Developers are increasingly focusing on low-density, design-led projects that prioritise sustainability, functionality, and micro-market location advantages. This transition also signals a move towards more disciplined development practices, with emphasis on construction quality, transparency, and lifecycle performance, as homebuyers become more selective and informed in their purchasing decisions.Read more

04 Apr 2026

Casagrand has launched a premium villa project, Casagrand Blossoms, in Poondi, Tiruppur, introducing a low-density residential development spanning 8.4 acres. The project comprises 113 four-bedroom villas with sizes ranging from 2,543 sq ft to 2,767 sq ft, with prices starting at INR 1.59 crore. Designed with over 5.5 acres of open space, including 2.3 acres of landscaped greens, the development includes 59 lifestyle amenities and a clubhouse-led community layout. Located near AVP College, the project offers connectivity to key educational, healthcare and commercial hubs in Tiruppur. The project is registered under Tamil Nadu RERA and is scheduled for delivery within 30 months.Read more

03 Apr 2026

The Prayagraj Development Authority (PDA) is planning to establish a dedicated Project Management Unit (PMU) to improve planning and execution of its residential developments across the city. The move, announced in the past week, aims to integrate core infrastructure such as roads, sewerage and water supply at the design stage, addressing delays caused by fragmented planning. The proposed PMU will consist of civil engineering and urban planning experts and is expected to be appointed through a tender process in the upcoming financial year for an initial one-year term. The authority is currently developing housing schemes at four locations, and the initiative is intended to standardise execution, improve quality control and strengthen coordination across departments involved in urban development projects.Read more

02 Apr 2026

Chhattisgarh has emerged as the top-performing state in rural housing delivery, completing over six lakh homes in FY26. The progress has been driven by the combined implementation of PMAY-G, PM JANMAN Yojana and the state housing scheme. Around 18 lakh houses had been approved earlier, and the government has now ensured coverage of all eligible beneficiaries. The initiative has also supported rural livelihoods through women-led material supply models, mason training, and local employment, making it a broader development effort beyond housing construction.Read more

Mumbai News Desk

02 Apr 2026

Malaika Arora has rented out her apartment in Bandra West, Mumbai, for a total lease value of around INR 1.17 crore over a three-year period. The agreement starts at a monthly rent of about INR 3.10 lakh, with structured increases during the tenure. The deal was registered recently, as per official property documents accessed through the registration portal. The transaction reflects steady demand for premium rental homes in key Mumbai locations and highlights how high-value residential assets are being used to generate consistent rental income.Read more

02 Apr 2026

Emperium Group has launched a new residential project, Emperium Titan, in Gurugram with a revenue potential of around INR 167 crore. The project is located along Dwarka Expressway and includes 74 apartments spread across 1.03 acres. Each unit is priced at INR 2.45 crore and offers a size of 1,906 sq ft. The company's expansion comes amid steady housing demand in Gurugram and improving sales trends in the Delhi-NCR market, where residential sales have seen a notable rise in the recent quarter.Read more