05 May 2026

Apartment prices across seven major Indian cities increased in the recent January–March period, rising between 8–20 per cent on a year-on-year basis, driven by higher input costs and stronger demand for premium housing. Apartment sales also grew 8 per cent to 70,631 units compared to the same period last year, while new supply increased 13 per cent. Demand remained stronger in the higher price segment above INR 1 crore, even as affordable housing sales declined. Market participants noted that while demand remains steady, buyers are becoming more selective amid cost pressures and economic uncertainty.Read more

04 May 2026

Ramky Estates has secured INR 600 crore funding under the government-backed SWAMIH Fund to revive stalled residential projects acquired from Skylark Group in Bengaluru. The funding will be deployed to complete multiple developments that were delayed due to financial constraints, impacting homebuyers. The move reflects continued deployment of last-mile financing to unlock stuck housing inventory and restore project execution in key urban markets. The revival is expected to accelerate construction and facilitate delivery timelines across the identified projects.Read more

Gurugram News Desk

04 May 2026

County Group has revived stalled residential projects in Gurugram, facilitating progress towards home delivery for around 400 affected buyers. The revival, executed in the past week, involves restarting construction activity and resolving long-pending project delays. The move addresses stress in legacy developments while restoring execution timelines and buyer confidence. It reflects a broader trend of developers stepping in to complete delayed projects, supported by structured interventions aimed at unlocking stuck housing inventory in key NCR micro-markets.Read more

04 May 2026

Brigade Enterprises has entered into a 50:50 joint venture with Bain Capital to develop a premium mixed-use project in Whitefield, Bengaluru, with an estimated investment of INR 2,200 crore. The development will span an 11-acre land parcel and include around 2 million sq ft of built-up area comprising Grade A office space and a five-star hotel. The partnership reflects continued institutional interest in India’s commercial and hospitality real estate segments, particularly in established office micro-markets such as Whitefield.Read more

04 May 2026

The UK government has clarified that it is not considering rent control measures, despite recent discussions around a possible temporary freeze on rent increases to support tenants. Housing Minister Steve Reed stated that such policies are not being evaluated, citing past outcomes in Scotland where rent caps led to sharper increases. His remarks follow comments by Finance Minister Rachel Reeves, who indicated that the government is exploring ways to support renters facing rising living costs. The stance signals a preference for alternative solutions over direct market intervention.Read more

04 May 2026

Rooftop solar adoption in Delhi has expanded significantly, with power distribution companies energising over 23,000 installations across residential, commercial, and industrial categories. BSES discoms have commissioned more than 13,600 connections with a combined capacity of around 260 MWp, while Tata Power Delhi Distribution Limited has energised over 4,000 installations in the past year alone. The growth has been supported by subsidy schemes such as the PM Surya Ghar programme and the Delhi Solar Policy. Consumers are eligible for subsidies of up to INR 1.08 lakh, alongside generation-based incentives, driving uptake across housing societies and individual households.Read more

04 May 2026

Canada’s housing market downturn is affecting consumer spending even as financial markets continue to perform strongly. Falling home prices, higher mortgage rates, and global factors like rising oil prices have reduced household confidence and borrowing capacity. While overall household wealth has increased due to stock market gains, these benefits are largely limited to wealthier individuals. Economists note that housing plays a more direct role in spending behaviour, and the ongoing correction is weakening the broader economic recovery. Slower consumption growth is expected to impact GDP momentum in the coming period.Read more

04 May 2026

Allegion reported a weaker-than-expected quarterly profit as demand in its residential security segment remained soft due to high borrowing costs and cautious homebuyer sentiment. While revenue growth stayed steady and met market expectations, pressure from the housing sector affected overall performance. The company’s Americas business saw moderate growth, supported by pricing, while international operations performed strongly. Despite near-term challenges, Allegion maintained its full-year earnings outlook, indicating stable expectations for the rest of the year amid ongoing macroeconomic uncertainty.Read more

04 May 2026

The Jharkhand government has initiated action to cancel around 30 residential plot allotments found to be used for commercial purposes in violation of regulations. The move follows inspections that identified unauthorised conversions in designated residential zones. Authorities have issued notices to allottees and begun proceedings for cancellation and recovery of land. The action is part of a broader effort to enforce land-use norms, curb misuse of allotted plots, and ensure compliance with planning regulations across urban areas in the state.Read more

04 May 2026

The UK government is exploring measures to ease pressure on renters, including a possible one-year rent freeze, as rising living costs continue to affect households. Finance minister Rachel Reeves indicated that supporting tenants in the private rental market remains a priority, especially amid inflation linked to global tensions. While some political groups have backed the idea, opposition leaders have raised concerns about its long-term impact on housing supply. The discussion reflects a broader effort to balance tenant protection with market stability in the UK housing sector.Read more

03 May 2026

Welltower has increased its annual earnings outlook, supported by continued demand for senior housing and healthcare assets. The company reported strong quarterly performance, with both funds from operations (FFO) and net profit surpassing market expectations. Growth was driven by rising occupancy and the increasing needs of an ageing population, particularly in the US. With operations spread across the US, Canada and the UK, the REIT remains focused on senior living and healthcare properties. The improved outlook reflects stable sector demand and the company’s ability to maintain performance momentum.Read more

03 May 2026

Essex Property Trust reported better-than-expected first-quarter performance, supported by steady rental demand and limited housing supply across key West Coast markets. The company saw notable revenue growth in regions such as Seattle and Northern California, with San Francisco leading within the portfolio. Despite the strong quarterly showing, its full-year adjusted funds from operations guidance came in slightly below analyst expectations. The REIT continues to benefit from favourable demand-supply dynamics, although its outlook suggests a more measured performance ahead.Read more

03 May 2026

Neo Alternative Asset Managers has committed INR 300 crore in structured debt to VRise Developers for Atlantis at Narsingi, a premium residential development in West Hyderabad by The Vasavi Group. The RERA-approved project comprises eight towers of 45 floors each with 2,199 units across configurations. Located near Gachibowli and the Financial District, the development benefits from proximity to major employment hubs and infrastructure corridors. The funding will be utilised to accelerate construction and execution, reflecting continued institutional interest in Hyderabad’s residential market.Read more

03 May 2026

The Andhra Pradesh Capital Region Development Authority conducted an e-lottery process this week at its Rayapudi office for the allotment of returnable plots to farmers who contributed land for Amaravati, the proposed People’s Capital. A total of 37 plots were allotted to 17 farmers from nine villages, along with five farmers from Undavalli who gave land for the Seed Axis Road project. The process was held in the presence of farmers through a live random selection system. Provisional certificates were handed over by the Additional Commissioner, while officials urged farmers to complete registration and await GIS-based land demarcation support.Read more

03 May 2026

Cibus Nordic Real Estate AB reported a steady performance for the first quarter, with rental income reaching EUR 45.3 million, up from EUR 39.1 million in the same period last year. Profit from property management stood at EUR 20.9 million, compared to EUR 18.4 million a year ago, excluding non-recurring items and currency impacts. The company, which focuses on grocery-anchored properties across Nordic markets, has continued to benefit from stable tenant demand and long-term lease structures, supporting consistent income growth.Read more

03 May 2026

Avhad Group has launched Avhad Bayline Residences in Mahim, marking its entry into South Mumbai’s premium housing segment. The project, introduced in the past week, has reported encouraging initial demand from homebuyers seeking centrally located, design-led residential developments. Comprising 251 units with extensive lifestyle amenities spread across multiple levels, the development reflects a growing preference for community-oriented living within established urban neighbourhoods. Designed in collaboration with architect Reza Kabul, the project integrates sustainability features alongside premium amenities. The launch highlights continued demand for upgrade housing within city limits, particularly in well-connected micro-markets such as Mahim.Read more