30 Jun 2026

The Karnataka government has exempted eligible Bengaluru homeowners from obtaining Occupancy Certificates (OCs), offering relief to residents affected by developers' failure to secure the mandatory approvals. The exemption applies to residential buildings that comply with sanctioned plans and prescribed norms, while illegal constructions and projects with major deviations remain excluded. The decision aims to ease hardships faced by homebuyers without diluting enforcement against developers responsible for regulatory violations or unauthorised construction.Read more

30 Jun 2026

• Telangana RERA has restrained the developer of Jai Vasavis ORR Heights from advertising, marketing, booking or selling flats until further orders.
• The authority directed the developer to refund INR 14.9 lakh to a homebuyer with 10.7% annual interest within 60 days.
• The complaint alleged that the project was marketed, bookings were accepted and payments were collected before RERA registration was obtained.
• TGRERA has also initiated penalty proceedings and issued directions to begin the process for revoking the project's registration over alleged violations of the Real Estate (Regulation and Development) Act, 2016.Read more

Gurugram News Desk

30 Jun 2026

Property owners across Gurugram's DLF residential colonies have launched protests against the Haryana government's ongoing sealing drive targeting unauthorised paying guest (PG) accommodations and commercial establishments. The demonstrations come days after authorities intensified enforcement in DLF Phases 1 to 5, with owners demanding a policy framework to regularise existing PGs instead of shutting them down.Read more

29 Jun 2026

• Manasum Senior Living plans to invest INR 800 crore over the next five years to expand its senior housing business amid growing demand for retirement communities.
• The Bengaluru-based company aims to increase its portfolio to 10,000 senior living units by 2030, up from 950 operational units and around 1,000 units currently under development.
• The expansion will focus on scaling purpose-built housing for senior citizens, supported by rising demand for organised retirement living in India.
• The investment reflects growing interest in the senior living segment, driven by changing demographics, higher life expectancy and evolving lifestyle preferences.Read more

29 Jun 2026

New York City has approved a rent freeze for nearly one million rent-stabilized apartments, marking one of the first major housing policy decisions under Mayor Zohran Mamdani's administration. The move, which applies to one-year and two-year leases beginning in October, follows a vote by the city's Rent Guidelines Board. While tenant groups welcomed the decision as much-needed relief amid rising living costs, landlord representatives argued it could make building maintenance and mortgage payments more difficult. The decision fulfills one of Mamdani's key election promises to improve housing affordability across the city.Read more

29 Jun 2026

Aldar Properties has sold out all townhouses at The Orchids, its latest residential launch within the Yas Acres community on Yas Island, generating more than AED 680 million in sales. The strong response highlights sustained demand for family-oriented homes in Abu Dhabi's residential market. UAE nationals accounted for more than half of the buyers, while expatriate residents and overseas investors also showed significant interest. The developer said most buyers were first-time Aldar customers, and a limited collection of premium villas will be released in the next phase.Read more

29 Jun 2026

Spain is witnessing rising demand for luxury homes from wealthy buyers in Poland, the United States and Gulf countries, as geopolitical conflicts and political uncertainty encourage investors to seek stable markets. Madrid and the Costa del Sol have emerged as preferred destinations for those looking to diversify assets and secure alternative residences. Industry experts say the Ukraine war, tensions in the Middle East and developments in U.S. politics have contributed to the trend. Strong property price growth, tax advantages in certain regions and Spain's stable economy are further strengthening its appeal among international buyers.Read more

29 Jun 2026

Housing sales across India's top nine cities increased 19% year-on-year during the April-June quarter, reflecting continued demand despite global economic and geopolitical uncertainties. According to PropEquity, residential sales reached 1,12,458 units, while new housing supply grew 43% to 1,17,609 units. Southern markets, particularly Bengaluru, Chennai and Hyderabad, led the growth momentum, while Mumbai and Navi Mumbai also recorded strong demand. However, Delhi-NCR and Kolkata witnessed a decline in sales. Industry experts said strong domestic demand, infrastructure development and favourable economic conditions continue to support the residential real estate market.Read more

28 Jun 2026

M3M 65th Avenue organised YOG-A-FAIR, a wellness-focused event marking International Yoga Day at its mixed-use development in Sector 65, Gurugram. Curated by Drivefitt and powered by GURKHA, the event brought together residents, fitness enthusiasts and visitors for a series of activities centred on physical and mental well-being. The programme featured a sunrise yoga session led by actor and fitness expert Abigail Pande, along with sound healing sessions, recovery zones, nutrition-focused offerings and mindfulness activities. The initiative reflects a broader trend among mixed-use developments and lifestyle destinations to incorporate community-oriented wellness experiences. According to M3M India, the event forms part of its efforts to promote engagement, social interaction and well-being through experiential programmes within its retail and lifestyle developments.Read more

Mohit Jain, Co-founder, Finfinity

28 Jun 2026

As India’s housing loan market expands and homebuyers take on larger long-term financial commitments, industry attention is increasingly shifting from headline interest rates to loan transparency. Borrowers are being encouraged to evaluate the full structure and terms of housing finance products, including benchmark linkages, reset mechanisms and repayment conditions, rather than focusing solely on advertised rates. The discussion has gained relevance amid evolving lending practices and regulatory efforts to improve disclosure standards through measures such as the Reserve Bank of India’s expanded Key Fact Statement framework. With outstanding housing loans in India growing from around INR 10 lakh crore in 2015 to more than INR 37 lakh crore in 2025, transparency is emerging as a critical factor in helping borrowers assess affordability, understand risks and make informed long-term financial decisions.Read more

Bhavesh Shah Joint Managing Director, Today Group

28 Jun 2026

Nerul has emerged as one of Navi Mumbai's most resilient residential micro-markets, driven by its planned urban development, multimodal connectivity, robust social infrastructure and consistent housing demand. Supported by major infrastructure projects, including the Atal Setu, Navi Mumbai International Airport and upcoming Metro Line 8, the locality continues to attract both homebuyers and investors. Its balanced mix of residential communities, quality housing developments, green spaces and stable rental demand has positioned Nerul as a preferred destination within the Mumbai Metropolitan Region, reflecting changing buyer preferences towards integrated, future-ready urban living.Read more

28 Jun 2026

Housing sales across India's nine major residential markets increased 19% year-on-year to 112,458 units during the second quarter of 2026, supported by a 43% rise in new housing supply to 117,609 units, according to a report by PropEquity. Sales also grew 14% quarter-on-quarter, while fresh launches rose 27% over the previous quarter. Bengaluru retained its position as the country's largest residential market for both sales and new supply, while Hyderabad and Navi Mumbai recorded strong growth across both indicators. In contrast, Delhi-NCR and Kolkata registered declines in both residential sales and project launches. The report indicates that sustained buyer demand, improved developer confidence and rising residential supply continued to support the housing market despite geopolitical tensions in the Middle East.Read more

28 Jun 2026

ORA Group has forayed into the integrated township and plotted development segment through its newly launched vertical, ORA Land, with the announcement of BluBay, a large-scale community in Karjat. The project will feature residential plots, lifestyle amenities, wellness infrastructure and extensive open spaces. The company has also appointed cricketer Suryakumar Yadav as the brand ambassador for BluBay. The move comes amid rising demand for plotted developments and increasing investor interest in Karjat, driven by infrastructure upgrades, enhanced connectivity and the growing appeal of nature-led living within the Mumbai Metropolitan Region (MMR).Read more

28 Jun 2026

BPTP’s residential project Skynest in Sector 80, Greater Faridabad, has been recognised with the ‘Landmark High-Rise Development of the Year’ award at the ET NOW Realty Conclave & Awards 2026. The project comprises twin residential towers rising to approximately 150 metres and incorporates green building features, landscaped sky decks and community-oriented amenities. Located along the Faridabad Bypass Road corridor, Skynest is positioned within the rapidly developing Greater Faridabad residential market. The development has been planned with support from a team of international and domestic consultants across architecture, engineering, sustainability and design disciplines. The recognition highlights the project's design approach and reflects growing development activity in Faridabad, which continues to emerge as an important residential destination within the National Capital Region (NCR).Read more

28 Jun 2026

Banke International Properties has entered into Association of Persons (AOP) partnerships with several major developers in the Mumbai Metropolitan Region (MMR), covering residential inventory valued at approximately INR 10,000 crore. The portfolio includes projects by Godrej Properties, L&T Realty, Piramal Realty, Lodha and MS Realty across the western suburbs, Thane and other emerging residential corridors. Through the agreements, the company aims to generate around INR 500 crore in sales during the current financial year, contributing to its overall sales target of INR 1,000 crore. The partnerships are structured around a performance-driven sales framework intended to strengthen collaboration between developers and channel partners, while supporting customer acquisition across domestic and non-resident Indian (NRI) buyer segments.Read more

27 Jun 2026

Central Park Resorts conducted a live demonstration and mock drill of its rainwater harvesting (RWH) system management at Central Greens in Sector 48, Gurugram, on June 19. Organised following the direction of the Principal Advisor, Urban Development, Government of Haryana, the exercise was attended by officials from the Gurugram Metropolitan Development Authority (GMDA) and representatives from around 30 group housing societies and resident welfare associations. The demonstration covered maintenance procedures, recharge pit inspections, pre-monsoon preparedness measures, structural assessments and water recharge capacity evaluations. The initiative highlighted the growing importance of sustainable infrastructure in residential developments as developers increasingly focus on water conservation, regulatory compliance and long-term community resilience. The exercise also showcased operational practices aimed at strengthening rainwater harvesting performance ahead of the monsoon season.Read more