01 Apr 2026

Maharashtra Real Estate Regulatory Authority (MahaRERA) approved 1,060 housing projects around the festive period of Padwa, reflecting strong activity in the real estate sector. The approvals include 486 new project registrations, 426 extensions, and corrections in 148 projects. A significant number of applications were processed just before the festival, with the authority working continuously to meet demand. The Mumbai Metropolitan Region (MMR) and Pune accounted for the majority of projects. The trend highlights the continued importance of festive periods like Padwa for project launches and homebuying decisions in Maharashtra.Read more

01 Apr 2026

A housing fraud case has been reported in Thane where 11 residents were cheated after being promised low-cost flats under a government housing scheme. The accused collected around INR 5,000 from each victim and later misused their personal documents to open bank accounts and carry out financial transactions. A case has been registered against three individuals for cheating and forgery. Police suspect a wider network and are checking if more people were targeted. The incident highlights rising misuse of trust in affordable housing schemes and the need for proper verification.Read more

01 Apr 2026

Develia SA's subsidiary, Develia Vita, has acquired a real estate asset in Warsaw for approximately PLN 16 million (around INR equivalent based on current rates). The company plans to develop a residential project with about 109 housing units on the site. The project is part of Develia's ongoing expansion strategy in Poland's housing market. The sales launch is scheduled for the third quarter of 2026. This move reflects steady demand for residential developments in Warsaw and aligns with the company's focus on urban housing supply.Read more

Mumbai News Desk

01 Apr 2026

The Maharashtra Housing and Area Development Authority (MHADA) has opened applications for 2,640 residential units across Mumbai under its 2026 lottery scheme, targeting multiple income groups from economically weaker sections to high-income households. The application process commenced in the past week and will remain open until late April, with the final draw scheduled for mid-May. The housing stock spans key locations including Vikhroli, Goregaon, Borivali, Wadala, Powai, and Dadar. Prices range from approximately INR 2.9 million to over INR 68.2 million, reflecting a wide affordability spectrum. The scheme includes under-construction units, inventory received from private developers, and scattered housing stock, reinforcing the state's effort to expand access to formal housing in Mumbai.Read more

01 Apr 2026

The Delhi Development Authority received strong initial demand for its latest housing scheme, with over 700 flats booked within two days, mainly in Narela. The response was driven by relatively lower prices, ready-to-move-in units, and trust in government-backed housing. The scheme continues to attract first-time buyers and budget-focused families. However, connectivity and distance from central Delhi remain key concerns. The trend also reflects DDA's ongoing efforts to clear inventory and improve housing uptake across emerging residential areas.Read more

01 Apr 2026

The Jammu and Kashmir government has completed over 31,000 houses under Pradhan Mantri Awas Yojana-Urban out of 39,153 sanctioned units. Around 7,980 houses are still under construction and are targeted for completion by September 2026. Delays have mainly been due to beneficiaries financial limitations, rising construction costs, and other personal constraints. Under PMAY-U 2.0, more than 21,000 applications have been received, with over 2,000 houses already approved. The government has also introduced an interest-free loan of INR 2 lakh to help beneficiaries complete construction.Read more

31 Mar 2026

Housing sales across India's top seven cities saw a 9 per cent annual rise, crossing 1.01 lakh units during the January-March quarter, supported by a low base from last year. However, on a sequential basis, sales declined 7 per cent due to global economic concerns linked to the West Asia conflict. The total value of sales also increased 6 per cent year-on-year to around INR 1.51 lakh crore but dropped compared to the previous quarter. Rising input costs and cautious investor sentiment, especially from overseas buyers, impacted overall momentum during the latter part of the quarter.Read more

31 Mar 2026

Housing sales in Delhi-NCR declined 17 per cent quarter-on-quarter to 15,985 units in the January-March period, according to data from Anarock, reflecting subdued buyer sentiment linked to global geopolitical tensions in West Asia. However, sales rose 44 per cent year-on-year due to a low base. Across India's top seven cities, sales increased 9 per cent annually to 1,01,675 units, while declining 7 per cent sequentially. In value terms, sales reached INR 1.51 lakh crore, up 6 per cent year-on-year but lower than the previous quarter. The data indicates a short-term moderation in demand despite continued strength in underlying residential market fundamentals.Read more

30 Mar 2026

The Kolkata Metropolitan Area (KMA) recorded 4,974 residential property registrations in February, marking a 63 per cent increase over the previous month, according to data from Knight Frank India. The growth reflects a rebound from a low base in January, while registrations remained marginally lower by 1 per cent year-on-year. Mid-sized apartments between 501 and 1,000 sq ft accounted for 58 per cent of total transactions, indicating a shift towards value-driven housing. North and South Kolkata together contributed around 75 per cent of activity, with Rajarhat, Dum Dum and Barasat emerging as leading micro-markets. The data covers both primary and secondary residential transactions.Read more

30 Mar 2026

Arvind SmartSpaces Ltd has entered the Mumbai redevelopment segment with a new housing society project in Santacruz, targeting a revenue potential of around INR 300 crore from the free sale component. The Ahmedabad-based developer disclosed in a regulatory filing that the project will offer an estimated saleable carpet area of 42,000 sq ft. The redevelopment aligns with the company's expansion strategy in the Mumbai Metropolitan Region (MMR), where supply of redevelopment opportunities continues to grow amid limited greenfield land availability. The project adds to the company's existing presence across key cities including Ahmedabad, Gandhinagar, Baroda, Bengaluru, MMR, and Pune, and reflects continued developer interest in unlocking value through urban redevelopment.Read more

Noida News Desk

30 Mar 2026

ASK Property Fund has exited its INR 650 crore investment in a Mahagun Group-led residential project in Noida, generating a 21% internal rate of return and a 2.1x investment multiple. The fund had deployed around INR 310 crore in 2021 to provide structured capital for the project, which has a saleable area of approximately 2.4 million sq ft. The exit also marks the closure of its INR 1,500 crore debt fund raised in 2018, which delivered an overall multiple of 1.83x. The transaction highlights continued investor interest in structured real estate financing and reflects improving liquidity conditions in select residential developments within the National Capital Region.Read more

30 Mar 2026

Brigade Enterprises Ltd has announced the launch of a new residential project, Brigade Lumina, in Bengaluru with an estimated revenue potential exceeding INR 7 billion. The development reflects the company's continued focus on expanding its residential portfolio in key urban markets. Bengaluru remains a priority market for Brigade Group due to steady housing demand and infrastructure growth. The project is expected to contribute to the company's upcoming sales pipeline and strengthen its presence in the city's competitive real estate market, where mid to premium housing demand has remained consistent.Read more

28 Mar 2026

M3M India has partnered with ONE Atmosphere to launch ONE Atmosphere Suites Corner Walk in Gurugram's Sector 73/74. The project will feature 256 fully serviced luxury suites, with operations expected to commence by the winter of 2026. Positioned as a hybrid hospitality-residential asset, the development targets business travellers and long-stay occupants, integrating managed services with residential formats. The launch marks ONE Atmosphere's entry into India and reflects growing developer interest in branded serviced living formats within key NCR micro-markets.Read more