30 Apr 2026

The Enforcement Directorate has carried out fresh searches at premises linked to Raheja Developers in Delhi-NCR as part of an ongoing money laundering investigation tied to alleged fraud involving homebuyers. The action covers around seven locations and relates to claims of non-delivery of flats in the Raheja Revanta project. The agency had previously conducted searches in the same matter in the past year. The developer has denied any wrongdoing, stating that funds have not been diverted and attributing project delays to lack of supporting government infrastructure. The case highlights continued regulatory scrutiny of delayed housing projects and developer accountability in the NCR market.Read more

30 Apr 2026

Germany’s housing market saw continued pressure on tenants over the past quarter, with rents rising steadily even as property prices showed limited movement. Data from the IW Housing Index indicates that demand in urban and suburban areas remains strong, particularly in commuter belts of major cities. While rental growth stayed firm across most regions, property prices reflected a more cautious trend, with only marginal quarterly increases and mixed annual performance across cities. The divergence highlights ongoing affordability concerns for tenants and a stabilising phase for buyers following recent market corrections.Read more

29 Apr 2026

Meghna Infracon Infrastructure Ltd has announced plans to invest around INR 500 crore to redevelop five housing projects across the Mumbai Metropolitan Region. The projects, located in the western suburbs and Thane, are expected to generate nearly INR 600 crore in revenue. The developments will include 320 units, with around 200 units available for sale. The Bharti CHS project in Bandra West will be the largest, with a projected revenue potential of INR 240 crore. The move reflects the growing focus on redevelopment projects in MMR after the pandemic.Read more

29 Apr 2026

The Karnataka Housing Board (KHB) has proposed a 92-acre residential layout in Belagavi’s Honnihal village to cater to rising demand for affordable housing. The project, its first major development in the city in nearly a decade, is currently awaiting state approval. Once cleared, it will move into public consultation and land acquisition stages under existing legal provisions. The initiative aims to create planned housing with basic infrastructure while ensuring fair compensation and rehabilitation for landowners, reflecting the state’s continued focus on expanding organised housing supply in emerging urban centres.Read more

29 Apr 2026

The Kanpur Development Authority (KDA) has reduced prices of 5,600 unsold flats across 10 housing schemes to address long-pending inventory and improve sales. Prices have been brought down to 2018 levels, with a cut ranging from 4.6% to 23.19%, and units now priced between INR 8.86 lakh and INR 28.50 lakh. Buyers can take possession by paying 20% for EWS units and 25% for others. The authority expects to generate around INR 1,400 crore and has also approved a higher budget along with key infrastructure and planning decisions.Read more

29 Apr 2026

Sales of affordable homes priced below INR 50 lakh declined 23% year-on-year to 16,273 units during the January–March quarter across eight major cities, according to Knight Frank India. The drop has been attributed to reduced new supply amid rising input costs, particularly land. Lower and mid-income segments also recorded declines, while higher-value housing categories saw growth. Overall residential sales fell 4% to 84,827 units, with demand increasingly skewed towards premium housing. The share of homes priced below INR 1 crore reduced to 47%, reflecting affordability pressures and shifting buyer preferences amid rising property prices and global uncertainties.Read more

28 Apr 2026

Telangana’s revised Transferable Development Rights (TDR) policy has led to a sharp escalation in TDR prices, raising concerns among developers over rising project costs and housing affordability. The policy mandates TDR utilisation for high-rise developments and expands its use for setback relaxations, driving demand for development rights across Hyderabad. While the move aims to compensate landowners and reduce government cash outflows for infrastructure projects, developers have flagged cost pressures and delays in project planning. The price escalation is expected to impact new launches and ongoing developments seeking approvals, with concerns emerging over supply recalibration and potential pass-through of costs to homebuyers in key micro-markets.Read more

27 Apr 2026

The Odisha Real Estate Appellate Tribunal (OREAT) has allowed Kantabada Gram Panchayat to challenge a housing project approved by the Bhubaneswar Development Authority (BDA), widening the interpretation of who can file complaints under RERA. The tribunal held that a panchayat qualifies as an ‘aggrieved person’, overturning an earlier rejection by the state regulator. The dispute relates to a 26-unit residential project in a rural area, where the panchayat has contested BDA’s authority to grant approvals. The case highlights jurisdictional conflicts between local self-government bodies and urban development authorities, with implications for planning control, land use governance and project approvals in peri-urban regions.Read more

Mumbai News Desk

27 Apr 2026

The Dharavi Redevelopment Project is set to provide larger rehabilitation homes to residents of chawls and formal buildings within the notified area. Around 8,700 households are expected to benefit, with flat sizes ranging from 500 sq ft to 754 sq ft. The proposal follows directions from the state government to improve living standards beyond earlier norms. Amendments to planning regulations have been initiated and opened for public feedback. While the move is seen as a step forward, residents continue to raise concerns around relocation, clarity on execution and eligibility criteria.Read more

27 Apr 2026

Larsen & Toubro has secured a contract from Oberoi Realty to construct seven high-rise residential towers in Gurugram, marking another addition to its residential portfolio. The order has been awarded to the company’s buildings and factories business vertical, which is also executing multiple domestic projects. Among them is a proving ground facility in Haryana for an international client, aimed at strengthening vehicle testing infrastructure. While the financial details remain undisclosed, the development highlights continued activity in high-rise housing and specialised infrastructure projects across India’s construction sector.Read more

27 Apr 2026

Sumou Real Estate Company has entered into an infrastructure development agreement in Riyadh with Mashariq Al Arabi, strengthening its role in Saudi Arabia’s expanding real estate sector. The company will oversee development activities and earn management fees linked to project costs. The deal aligns with the Kingdom’s broader urban expansion plans under Vision 2030, where private developers are playing a key role in delivering large-scale infrastructure and residential projects. The agreement highlights Sumou’s continued focus on fee-based income and project management services as part of its growth strategy.Read more

27 Apr 2026

A consumer forum in Ghaziabad has directed a group of builders to refund INR 7 lakh to a homebuyer after delays in handing over a residential unit. The order follows a complaint citing prolonged non-delivery beyond the agreed possession timeline. The forum held the developers accountable for deficiency in service, reinforcing legal protections available to homebuyers in delayed projects. The ruling adds to a series of recent decisions by consumer courts and regulatory authorities emphasising timely delivery obligations in the real estate sector. It highlights the continued use of legal recourse by buyers amid project delays and strengthens enforcement of contractual commitments by developers.Read more

27 Apr 2026

Housing projects built under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in Vadodara are facing structural and maintenance-related deterioration, with residents reporting worsening living conditions across multiple sites. Constructed between the mid-2000s and early 2010s for economically weaker sections, over 21,000 units have been impacted by issues such as seepage, faulty drainage, and falling plaster. Concerns have intensified following incidents of structural damage, including one fatality linked to falling ceiling material. While the Vadodara Municipal Corporation (VMC) maintains that core structures remain safe, residents and activists have questioned construction quality and upkeep. The situation highlights ongoing challenges in the long-term sustainability and maintenance of public housing projects across Indian cities.Read more