15 Jul 2026

The Telangana High Court has directed the state government to allot 2BHK houses at Kollur to 71 families displaced from Bhimrao Bada in Hyderabad, bringing an end to a 17-year rehabilitation dispute. The court ruled that the families, evicted during the construction of the P.V. Narasimha Rao Expressway, could not be denied permanent housing despite administrative delays. The judgment reinforces the state's obligation to honour rehabilitation commitments made to project-affected residents.Read more

15 Jul 2026

North Goa's premium residential market recorded a 4-6% year-on-year decline in capital values during the first half of 2026, according to Savills India. The correction follows a strong price rally over the past few years that was driven by demand from second-home buyers, high-net-worth individuals (HNIs), and investors. The consultant attributed the moderation to rising unsold inventory, particularly in the plot segment, prompting developers to offer more flexible pricing. Meanwhile, premium housing markets in Gurugram, Noida, Mumbai and Bengaluru continued to register steady price appreciation during the same period.Read more

15 Jul 2026

MMM Capital PCL has entered into a sales management (hybrid) agreement with a guaranteed purchase arrangement for a new real estate project with a total value of THB 1.34 billion. The agreement is aimed at supporting the sales and marketing of the project while providing a guaranteed purchase mechanism. Such hybrid sales management models are commonly used by developers to improve sales visibility and reduce inventory-related risks. The company has not disclosed additional details regarding the project's location, development timeline or other commercial terms.Read more

14 Jul 2026

The Nagpur Municipal Corporation (NMC) is considering a 10% increase in property tax despite presenting its 2026–27 budget with a commitment of imposing no new taxes. The proposed revision, expected to generate an additional INR 15.42 crore in annual revenue, has been placed before the standing committee for approval. Civic officials say the move is aimed at strengthening municipal finances and supporting infrastructure and public service expenditure, while the proposal has sparked debate as it appears to contradict the administration's earlier assurance of a "no new tax" budget.Read more

14 Jul 2026

Bollywood actor Salman Khan has sold his apartment in Mumbai's Bandra West for INR 3.50 crore, according to property registration documents. The flat, located in Shiv Asthan Heights, was purchased by the actor in 2014 and has now changed hands after more than a decade. The transaction reflects the continued demand for premium residential properties in Bandra West, one of Mumbai's costliest housing markets. Despite the sale, Salman Khan continues to be associated with Bandra, where his family has lived for decades and where a new residential project is also under development.Read more

14 Jul 2026

Fastighets Aktiebolaget Trianon reported improved financial performance for the second quarter, with income from property management increasing 18 per cent year-on-year to SEK 67 million. The company also posted higher rental income of SEK 208.4 million, reflecting continued growth in its property portfolio. Net profit for the quarter stood at SEK 31.9 million, while earnings per share reached SEK 0.17. The results indicate steady operational performance supported by stronger rental earnings despite the challenging market environment.Read more

14 Jul 2026

Heba Fastighets reported a 4% year-on-year increase in rental income for the first half of the year, supported by steady property management performance and lower maintenance costs. Income from property management rose 7%, while profit increased significantly compared to the same period last year. The company said its focus on energy efficiency, digitalisation, sustainability and disciplined capital allocation continued to improve operational performance. It also reaffirmed its commitment to achieving its 2030 energy consumption target and retained positive analyst sentiment.Read more

13 Jul 2026

• MMR recorded 17,148 residential sales priced below INR 50 lakh in the first half of 2026, while Mumbai city saw only 23 apartment sales in the ultra-luxury segment priced above INR 50 crore, according to Knight Frank India's H1 2026 report.
• The findings highlight the region's dual-speed housing market, where affordable homes continue to dominate transaction volumes despite growing interest in premium and luxury residential developments.
• Affordable housing demand remained concentrated in emerging MMR markets such as Thane, Navi Mumbai, Kalyan-Dombivli and Panvel, driven by end-user demand, improved infrastructure and relatively lower property prices.
• The report also indicates that while luxury housing contributes significantly to market value, affordable and mid-income homes continue to underpin overall residential sales, reflecting the sustained demand from first-time buyers and middle-income households.Read more

13 Jul 2026

Rustomjee has introduced a limited-period payment plan that allows homebuyers to book select residential properties by paying only 10% of the property's value upfront. The offer is aimed at first-time buyers, young professionals, families, investors, NRIs and high-net-worth individuals by reducing the initial financial burden. The developer said the remaining payment can be made closer to project completion, giving buyers greater flexibility in planning their finances. The initiative is available across select projects and is intended to make homeownership more financially convenient.Read more

13 Jul 2026

Housing sales across India's eight major residential markets rose marginally by 0.7% to 171,471 units during January-June 2026, indicating a phase of market stabilisation following four years of post-pandemic growth, according to Knight Frank India. Premium homes priced above INR 1 crore accounted for 54% of total sales, while the combined share of affordable and mid-income housing fell to 46%. Affordable home sales declined 15% year-on-year, reflecting constrained supply in the lower price segments. Fresh residential launches increased 4% to 187,350 units, supported by continued developer activity. Among the eight cities tracked, Delhi-NCR was the only market to register a decline in sales, while demand remained resilient elsewhere despite moderating growth across the broader housing sector.Read more

13 Jul 2026

• WSB Partners has invested INR 75 crore in Sowparnika Projects, reinforcing its strategic partnership with the Bengaluru-based real estate developer.
• The fresh capital will be utilised to support the company's ongoing and upcoming residential projects, strengthen execution capabilities, and fund land acquisitions across key southern Indian markets.
• The investment reflects growing institutional confidence in Sowparnika's affordable and mid-income housing portfolio, as well as the sustained demand for residential real estate in Karnataka, Kerala and Tamil Nadu.
• The funding also highlights the increasing role of alternative investment firms in financing Indian real estate developers, enabling them to expand their project pipeline while reducing reliance on conventional funding sources.Read more

13 Jul 2026

The Supreme Court has ruled that the merger of a tenant bank with another bank does not protect the successor bank from eviction under the Delhi Rent Control Act if the landlord's written consent was not obtained. The verdict ends a legal dispute that began in 1987 over a commercial property in Delhi's Connaught Circus. The court directed Punjab National Bank to vacate the premises by January 31, 2027, holding that the RBI-backed merger of Hindustan Commercial Bank with PNB did not override the provisions of the Delhi Rent Control Act.Read more

13 Jul 2026

The Delhi government has introduced stricter procedures for registering General Power of Attorney (GPA) documents to prevent stamp duty evasion in property transactions. Chief Minister Rekha Gupta has directed that every GPA executed in favour of non-blood relatives must be referred to the Collector of Stamps for adjudication before registration. The measure aims to prevent the misuse of GPAs to avoid payment of stamp duty on conveyance deeds and curb irregularities in property registrations. Sub-registrars have also been instructed to scrutinise all GPA documents for provisions relating to monetary consideration, transfer of possession and ownership rights. The government has warned of disciplinary action against officials found registering GPAs involving monetary transactions in violation of the new directions.Read more

13 Jul 2026

Uttar Pradesh Chief Minister Yogi Adityanath distributed approval letters under the Mukhyamantri Awas Yojana and other welfare benefits to more than 1,000 beneficiaries during a public programme in Pratapgarh. The initiative included housing assistance, financial support and welfare scheme benefits aimed at improving living standards for economically weaker sections. The Chief Minister said the state government remains focused on expanding affordable housing and ensuring that eligible families receive assistance through transparent and timely implementation of welfare programmes.Read more