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• Hungary’s central bank has reported that the country’s banking system remained well-capitalised during 2025, while cautioning that risks in the housing market have increased.
• The National Bank of Hungary said house prices rose by 23.5% in nominal terms during 2025, contributing to higher market overvaluation.
• Housing market overvaluation increased to 22.5%, raising concerns about the potential for future price corrections.
• Borrowers’ average loan-to-value ratio rose significantly following the introduction of a subsidised mortgage programme for first-time homebuyers.
• The central bank noted that stable debt-service-to-income ratios and fixed-rate mortgages continue to support household repayment capacity.Read more

03 Jun 2026

Gujarat Real Estate Regulatory Authority (GujRERA) has initiated a review of government-backed and public sector real estate projects that have received extensions to their registration timelines. The regulator has reportedly sought detailed information on the reasons for delays, revised completion schedules and project progress from various government agencies and authorities. The exercise is aimed at strengthening project monitoring, improving transparency and ensuring timely completion of projects registered under the Real Estate (Regulation and Development) Act, 2016.Read more

03 Jun 2026

• Maharashtra has recorded 23 cooperative housing society registrations through its fully online registration system within two months of launch.
• The digital process is being implemented through the Aaple Sarkar portal to reduce paperwork and administrative delays.
• Officials said the system aims to simplify approvals, curb intermediary involvement and improve transparency.
• The initiative is expected to support faster registration of housing societies across urban centres including Mumbai and Pune.Read more

03 Jun 2026

Puravankara Limited has entered into a Joint Development Agreement (JDA) for an 11.23-acre land parcel at Doddagubbi in North Bengaluru, where it plans to develop a residential apartment project with an estimated gross development value (GDV) of INR 1,100 crore. The development will comprise approximately 0.74 million sq ft of saleable area and forms part of the company’s ongoing expansion strategy in key urban micro-markets. The announcement comes after the developer reported record annual sales of INR 7,407 crore in FY26 and outlined a FY27 sales target of INR 11,200 crore. The project strengthens Puravankara’s pipeline in Bengaluru, which now represents more than INR 13,800 crore in GDV across multiple residential developments.Read more

02 Jun 2026

• The Reserve Bank of India (RBI) reported a 4.2% year-on-year increase in the All India House Price Index (HPI) for the January–March quarter of FY26.
• The growth was higher than the 3.8% rise recorded during the corresponding period of the previous financial year.
• Cities including Nagpur, Jaipur, Chandigarh and Kanpur were the key contributors to the increase in housing prices.
• On a sequential basis, the HPI rose 0.2% to 115.9 from 115.6 in the preceding quarter.
• The index is compiled using property transaction data from registration authorities across 18 major Indian cities.Read more

02 Jun 2026

• Mumbai-based Arkade Developers reported FY26 pre-sales of INR 901 crore, registering 17% year-on-year growth amid sustained residential demand across the Mumbai Metropolitan Region.
• The company posted total revenue of INR 828 crore, up 19% year-on-year, while collections reached INR 728 crore during the financial year.
• Arkade completed the acquisition of the Filmistan property in Goregaon West, Mumbai, with plans to develop an ultra-luxury residential project having an estimated GDV of INR 3,500 crore.
• A one-time accounting adjustment of around INR 182 crore linked to the transaction impacted FY26 consolidated financial statements but was described as non-operational in nature.
• The developer expanded its project pipeline to an estimated GDV of INR 12,800 crore and secured cluster redevelopment rights for nine housing societies in Kandivali East.Read more

Ghaziabad News Desk

02 Jun 2026

• The Ghaziabad Development Authority (GDA) has decided to review fire safety measures across residential societies following a series of recent fire incidents in high-rise housing projects.
• The authority will coordinate with the fire department and other agencies to assess compliance with fire safety norms, emergency access requirements and operational firefighting systems.
• Residential complexes found lacking mandatory fire safety infrastructure may face notices and corrective action directives.
• The review will focus on fire equipment maintenance, evacuation preparedness, emergency access routes and adherence to approved building safety standards.
• The exercise comes amid increasing concerns over fire risks in high-density residential developments across the National Capital Region (NCR).Read more

02 Jun 2026

• Prestige Estates Projects is targeting sales bookings of INR 35,000–36,000 crore in FY27, representing a growth of 15–20 per cent over the previous fiscal.
• The Bengaluru-based developer achieved record pre-sales of INR 30,024 crore in FY26, marking a 76 per cent year-on-year increase.
• The company has a launch pipeline valued at around INR 60,000 crore across key markets including Bengaluru, Mumbai Metropolitan Region and Delhi-NCR.
• Management remains confident about residential demand despite global uncertainties and rising construction costs linked to the West Asia conflict.
• Prestige also reported a sharp rise in profitability and income during FY26, supported by strong operational performance across asset classes.Read more

02 Jun 2026

Mumbai’s Slum Rehabilitation Authority (SRA) has identified 19 large slum clusters across the city for redevelopment under Maharashtra’s newly introduced cluster redevelopment policy for plots exceeding 50 acres. The projects include major sites in Andheri West, Govandi, Mankhurd, Wadala and Vikhroli, with the largest covering nearly 100 acres near Gilbert Hill in Andheri. The scheme aims to integrate slums, old buildings and unusable land parcels into large-scale redevelopment projects through joint ventures, tenders and government-led implementation models.Read more

02 Jun 2026

• Berkshire Hathaway has agreed to acquire US homebuilder Taylor Morrison Home Corporation in an all-cash transaction valued at USD 6.8 billion.
• The deal marks the first major acquisition under Berkshire CEO Greg Abel, who succeeded Warren Buffett at the beginning of 2026.
• Berkshire will pay USD 72.50 per share, representing a 24% premium to Taylor Morrison’s closing share price on May 29.
• Including debt, the transaction carries an enterprise value of approximately USD 8.5 billion and is expected to close in the second half of 2026, subject to approvals.
• The acquisition strengthens Berkshire’s housing portfolio and supports plans to consolidate its site-built homebuilding operations across the United States.Read more

Mumbai News Desk

02 Jun 2026

• Residential markets across several coastal cities are witnessing a shortage of ready and under-construction 3BHK apartments amid sustained demand for larger homes.
• Developers and property consultants have reported rising preference for spacious residences among end-users, particularly in premium and upper mid-segment housing projects.
• Demand has been driven by changing household requirements, hybrid work patterns and growing preference for lifestyle-oriented residential developments.
• Limited availability of suitably configured units has led developers to recalibrate project launches towards larger apartment formats in key coastal markets.
• The trend is being observed across major coastal real estate destinations where housing demand has remained resilient despite rising property prices and construction costs.Read more

01 Jun 2026

• Combined sales bookings of 11 major listed real estate developers reached INR 1.48 lakh crore in FY2025-26, marking an 18% increase from INR 1.26 lakh crore in the previous financial year.
• The data, released by Anarock, covers Godrej Properties, Prestige Estates, DLF, Lodha Developers, Signature Global, Brigade Enterprises, Puravankara, Oberoi Realty, Kolte-Patil, Keystone Realtors and Sobha Ltd.
• Premium and luxury housing projects emerged as the primary drivers of growth, supported by stronger price realisations across key markets.
• Godrej Properties and Prestige Estates recorded significant increases in sales bookings, while DLF and Signature Global reported lower pre-sales during the fiscal year.
• The findings also highlight the growing influence of developers expanding beyond their traditional home markets to build multi-regional residential portfolios.Read more

01 Jun 2026

Abhee Ventures has announced plans to launch a 45-acre residential township in Gunjur, located along the Whitefield–Sarjapur Road corridor in Bengaluru. The proposed project, branded “Codename New Dimension”, is designed as a Scottish-themed development featuring landscaped open spaces, wellness-oriented amenities and a 3-acre golf driving range. Positioned within East Bengaluru’s expanding residential corridor, the development will comprise high-rise residential towers with apartment configurations ranging from 2 BHK to 4.5 BHK units. The project has been designed in collaboration with London-based UHA London and RSP Architects. Abhee Ventures stated that the township will be developed in phases and is currently in the conceptualisation stage amid increasing demand for integrated residential communities across Bengaluru’s technology-driven micro-markets.Read more

01 Jun 2026

• Property registrations within the Brihanmumbai Municipal Corporation (BMC) area reached 12,403 units in May 2026, according to data from Maharashtra’s Department of Registration and Stamps analysed by Knight Frank India.
• Registrations increased 7 per cent year-on-year from 11,565 units recorded in May 2025, although volumes were lower than April 2026’s 14,285 units.
• The figures include transactions across both primary and secondary residential property markets.
• Knight Frank India said May 2026 registered the highest property registration volume for the month of May in the past 14 years, exceeding the previous peak achieved in May 2025.
• Industry stakeholders attributed the performance to sustained end-user demand and continued confidence in Mumbai’s residential housing market despite wider global economic uncertainties.Read more