16 Jun 2026

• Around 5.40 lakh housing units are scheduled for delivery in 2026 across India’s top seven cities, marking the highest completion pipeline in over a decade, according to ANAROCK Research.
• The Mumbai Metropolitan Region and Pune together account for nearly 57% of total expected deliveries, highlighting strong concentration in Maharashtra’s residential market.
• While the outlook reflects robust project completions and steady housing demand, developers may face execution challenges from global geopolitical tensions, supply chain disruptions, and rising construction costs.Read more

Mumbai News Desk

16 Jun 2026

Kriti Sanon, along with her mother Geeta Sanon and sister Nupur Sanon, has sold four apartments in Mumbai’s Andheri West for a combined INR 8.9 crore, according to property registration records. The transactions involve residential units purchased in 2020 and sold in June 2026, generating substantial capital appreciation over the holding period. The deals highlight the sustained strength of Mumbai’s premium residential market, particularly in established western suburban locations where property values have witnessed significant growth despite fluctuations in the broader real estate cycle.Read more

16 Jun 2026

The Delhi government is considering amendments to building bylaws that would make basic fire safety equipment mandatory in low-rise residential buildings, a category that currently falls outside compulsory fire certification requirements. The proposal follows a series of fatal fire incidents in the capital, including recent tragedies in Malviya Nagar, Vivek Vihar and Palam. Under the proposed framework, residential buildings below 15 metres in height may be required to install smoke detectors, fire extinguishers and other basic fire protection measures. The Delhi Fire Service has also recommended a phased retrofitting programme for existing buildings. If implemented, the move would significantly expand fire safety compliance across Delhi's residential stock, much of which is currently exempt from mandatory fire safety clearances under prevailing regulations.Read more

Mumbai News Desk

15 Jun 2026

• Cricketer Shreyas Iyer has leased a luxury apartment in Mumbai’s Worli for three years with a total rental commitment of around INR 7.14 crore.
• The 3,875 sq ft apartment is located in the premium Artesia residential tower and comes with four car parking spaces.
• The lease starts at a monthly rent of INR 18.5 lakh, with a 7% escalation built into the agreement each year.
• Property records show a security deposit of INR 74 lakh, along with stamp duty of INR 1.84 lakh and registration charges of INR 1,000.
• The transaction highlights continued demand for luxury rental homes in Worli, one of Mumbai’s most expensive residential markets.Read more

15 Jun 2026

The Maharashtra government will introduce separate Ready Reckoner (RR) rates for high-rise buildings and slum settlements within the same locality through a statewide micro-zoning exercise aimed at making property valuations more realistic and equitable. The initiative, to be carried out using GIS-based mapping and surveys, will create smaller valuation zones based on infrastructure and development characteristics rather than uniform locality-based rates. The move is expected to align government valuations with market realities, reduce anomalies in stamp duty calculations and strengthen transparency in property transactions.Read more

15 Jun 2026

The Delhi Development Authority (DDA) has generated INR 1,321.21 crore through the auction of 142 land parcels and property assets across the national capital, significantly exceeding the aggregate reserve price of INR 480.38 crore. The e-auction, which attracted participation from investors, institutions and businesses, covered residential, commercial, industrial and institutional plots as well as licence fee-based assets. According to DDA, the exercise realised nearly three times the reserve value and delivered a premium of around 175% over the base price. The outcome reflects sustained demand for strategically located land in Delhi and forms part of the authority’s ongoing efforts to monetise land assets, strengthen revenue generation and support urban development initiatives across the city.Read more

14 Jun 2026

US-based digital real estate platform Opendoor has decided to shut its India operations and lay off all 250 employees in the country as part of a broader operational restructuring driven by artificial intelligence adoption. The move affects the company’s offices in Hyderabad and Bengaluru, which were established two years ago to support workflow management across multiple systems. According to the company, advancements in AI and the consolidation of internal platforms have reduced the need for large operational teams. The decision comes amid growing concerns over the impact of AI on back-office and entry-level roles globally, while businesses increasingly prioritise customer-facing operations closer to their primary markets.Read more

Gurugram News Desk

14 Jun 2026

• Haryana Police’s Economic Offences Wing (EOW) has arrested a man in connection with an alleged housing scam that reportedly affected 242 homebuyers in Gurugram.
• The accused and his associates allegedly collected money from buyers by promising flats in a proposed housing society in Sector 55 but failed to provide possession.
• One complainant's family reportedly paid around INR 37.5 lakh over several years after being assured of a flat in the project.
• Investigators said construction work stopped years ago, while buyers neither received homes nor refunds.
• The probe is continuing to trace funds, examine the role of other accused individuals and determine the full extent of the alleged fraud.Read more

14 Jun 2026

Taylor Wimpey España has launched Infinity, a €64 million residential development comprising 79 homes in Paguera, Mallorca, as Spain’s housing market records its strongest sales activity in nearly two decades. Located in southwest Mallorca, the project will feature apartments and penthouses with sea views across the Malgrats Islands and is scheduled for completion in October 2028. The launch comes as Spain’s residential market continues to expand, with new-build sales rising 13.3% in 2025 and average property prices reaching a record €2,284 per sq m after a 9.5% annual increase. International buyers accounted for 13.82% of all housing purchases last year, with British buyers remaining the largest overseas buyer group.Read more

14 Jun 2026

Divyansh Group has announced plans to invest INR 300 crore in a new residential development in Hapur, marking its entry into the city’s housing market. The project will introduce Hapur’s first residential development built using Mivan construction technology and will feature high-rise towers rising up to G+27 floors. Positioned in the affordable luxury segment, the project will offer 3 BHK and 4 BHK apartments ranging from 1,880 sq ft to 2,435 sq ft. The investment comes amid increasing residential demand in emerging National Capital Region (NCR) markets, where improving infrastructure and connectivity are attracting homebuyers seeking larger homes outside established NCR locations.Read more

13 Jun 2026

Develia SA has announced that its joint venture has acquired a property in Warsaw for PLN 18.3 million net as part of its ongoing residential development strategy. The acquired land is planned for a new housing project comprising approximately 158 residential units and two commercial units. According to the company, sales for the development are expected to begin in the first quarter of 2027. The transaction reflects continued investment activity in Warsaw's residential market, where developers remain focused on expanding housing supply amid sustained demand for new homes.Read more

13 Jun 2026

Dubai-based developer Emaar Properties has announced a new USD 55 billion mixed-use development in Dubai, marking one of the company's largest projects to date. The master-planned urban district is expected to accommodate around 150,000 residents and will feature residential towers, villas, office spaces and retail destinations spread across 4.5 million square metres. The announcement comes as Dubai's property market continues to attract global investors despite recent regional uncertainties. The project further reinforces Emaar's long-term confidence in Dubai's real estate sector, which recorded its strongest-ever performance in 2025 with transaction values reaching nearly USD 250 billion.Read more

13 Jun 2026

Terra Grande by Eldeco has announced a multi-location expansion across Himachal Pradesh and Uttarakhand following the complete sell-out of Phase I of its luxury second-home development in Sirmaur, Himachal Pradesh. The company plans to develop more than 100 residences across five projects spread over approximately 61.5 acres, including developments in Sirmaur, Solan and Narendra Nagar near Rishikesh. The expansion follows the sale of 39 villas in the first phase of its Sirmaur project, where homes were priced between INR 8 crore and INR 10 crore. The company is preparing the second phase of the Sirmaur development while adding three new projects to its pipeline, reflecting growing activity in the luxury second-home segment across mountain and wellness destinations in northern India.Read more

13 Jun 2026

Existing home sales in the United States recorded a stronger-than-expected increase in May, reaching their highest level in several months despite continued pressure from elevated mortgage rates and limited housing supply. Sales activity improved across most regions of the country, supported by contracts signed earlier in the spring. While housing affordability showed some improvement, rising home prices, persistent inflation and higher borrowing costs continue to weigh on market conditions. Industry experts noted that first-time buyer participation increased, though it remains below the level generally considered necessary for a healthy and balanced housing market.Read more

13 Jun 2026

Dhuleva Group has received the Occupation Certificate (OC) for its residential project, Dhuleva 232, in Girgaon, South Mumbai, nearly 18 months ahead of the original completion timeline of December 2027. The development secured the OC in May 2026 and comprises 2, 3, 4 and 5 BHK residences alongside approximately 20,000 sq ft of lifestyle amenities. Located in one of South Mumbai’s established residential neighbourhoods, the project offers connectivity to railway stations, metro services, business districts, educational institutions and healthcare facilities. The early certification marks a key construction milestone for the developer and enables homebuyers to take possession significantly earlier than initially anticipated.Read more