28 May 2026

• Major real estate developers reported strong FY26 operational and financial performance supported by higher residential sales, collections and project launches across key Indian cities.
• Companies expanded commercial, hospitality, warehousing and annuity portfolios while increasing leasing activity and recurring income visibility.
• Developers also strengthened project pipelines, scaled mixed-use developments and maintained focus on balance sheet management, cash flows and long-term business diversification.Read more

28 May 2026

• Malibu Towne Country Club in Sector 49, Gurugram has received its occupation certificate after remaining shut for over two years.
• The approval came after Malibu Estate Pvt Ltd renewed the township licence and completed pending compliance requirements flagged by authorities.
• The club serves nearly 10,000 residents living in the 204-acre Malibu Towne township along Sohna Road.
• The facility had faced regulatory scrutiny earlier over pending approvals, community infrastructure gaps and alleged deviations from approved plans.
• Residents and RWAs have welcomed the move as reopening of recreational and community facilities is expected to begin shortly.Read more

27 May 2026

BPTP Ltd announced an investment of INR 1,200 crore to develop its luxury residential project, Downtown 66, located in Sector 66, Gurugram. The project will include 504 apartments and is being funded mainly through internal accruals. Construction work has already begun, with completion expected in the next four years. The company is targeting revenue of over INR 2,500 crore from the development, with apartment prices starting at INR 5.32 crore. It also recently launched Skynest in Greater Faridabad with an investment of INR 1,100 crore amid rising demand in the NCR housing market.Read more

27 May 2026

Brigade Enterprises has signed a joint development agreement to develop a premium housing project in Kompally, Hyderabad, with an estimated revenue potential of INR 850 crore. The project will be developed on a 5.6-acre land parcel as the company continues to strengthen its residential portfolio in Hyderabad. Brigade Enterprises also reiterated its plan to invest nearly INR 5,000 crore across residential, commercial, retail and hospitality projects over the next three to four years. Hyderabad remains a key market for the Bengaluru-based developer due to rising housing demand, infrastructure growth and steady real estate activity across premium residential segments.Read more

27 May 2026

• Housing sales across 75 major Indian cities fell 1% to 7,09,793 units in FY26, according to Liases Foras.
• Total residential sales value increased 16% year-on-year to INR 9.33 lakh crore due to higher property prices and demand for premium homes.
• New housing supply rose 10% to 6,20,842 units, while unsold inventory increased 13% to nearly 12 lakh units.
• Mumbai Metropolitan Region remained the country’s largest housing market with 23.7% share of total sales, followed by Bengaluru.
• Pune recorded a sharp 25% decline in annual housing sales despite having one of the highest residential supplies among major cities.Read more

27 May 2026

AU Real Estate has announced plans to invest INR 1,200 crore in a new residential development in Ghaziabad, Uttar Pradesh. The company has introduced a 5.6-acre housing project named Cosmos Corner in Siddharth Vihar, which will include around 831 residential units. The project is expected to generate an estimated revenue potential of INR 1,600 crore upon completion. The company highlighted the growing appeal of Siddharth Vihar in the NCR housing market. The development is part of AU Real Estate’s ongoing expansion across the Delhi-NCR region with multiple residential projects in progress.Read more

27 May 2026

Government of Bihar has sought an additional INR 1,600 crore from the Centre for implementation of the Pradhan Mantri Awas Yojana-Gramin scheme. The state said the funds are required to accelerate construction of rural houses, support eligible beneficiaries and clear pending liabilities under the programme. Bihar’s request comes amid continued demand for affordable rural housing and ongoing efforts to improve housing coverage across districts through centrally sponsored housing initiatives.Read more

26 May 2026

Puravankara Ltd has acquired a 14.57-acre land parcel in Bengaluru’s Mandur-Budigere corridor to develop a residential project with an estimated gross development value of around INR 2,300 crore. The project will have a total saleable area of nearly 1.8 million sq ft. A part of the land has been secured through a joint development agreement, while the remaining portion has been purchased outright by the company. The acquisition strengthens Puravankara’s expansion plans in Bengaluru, where demand for large-scale residential developments has remained strong due to improving infrastructure and growing housing demand in emerging micro-markets.Read more

26 May 2026

Kalpataru Ltd has announced a large cluster redevelopment project in Ashok Nagar, Kandivali East, Mumbai, with an estimated revenue potential of around INR 1,250 crore. The project includes the redevelopment of five adjoining housing societies spread across 2.8 acres and carries a free-sale potential of nearly 0.37 million sq ft carpet area. The company said the redevelopment is part of its long-term strategy to expand in Mumbai’s redevelopment market, where aging housing societies and limited land availability continue to drive demand for such projects.Read more

26 May 2026

Ashiana Housing has announced an investment of nearly INR 560 crore for a premium residential development in Jaipur. The project, named ‘Ashiana Oma’, is spread across 10.35 acres and is being developed through a joint venture with a revenue-sharing arrangement. The first phase has already been launched and will comprise 280 residential units, while the overall project will include 490 units. The company said the project is aimed at end-user homebuyers looking for spacious homes and lifestyle-focused amenities, reflecting the steady demand for premium housing in Jaipur’s residential market.Read more

26 May 2026

Germany’s housing construction sector saw a sharp slowdown last year, with residential completions falling to their lowest level since 2012. Data released by the country’s statistics office showed that completed residential units declined 18% year-on-year to 206,600 units, marking the second straight annual drop. Rising construction costs, elevated borrowing rates and lengthy approval processes continued to affect new housing activity across the country. Industry experts have called for faster deregulation and policy support, while the government said building permits had started improving and financial support for lower-income housing projects had reached record levels.Read more

Lucknow News Desk

26 May 2026

The Lucknow Development Authority (LDA) is planning to redevelop an old residential complex in Indira Nagar with an estimated investment of INR 110 crore as part of its urban redevelopment strategy in Lucknow. The nearly 40-year-old housing complex has witnessed structural deterioration over the years, prompting the authority to replace the existing low-rise buildings with modern high-rise apartments and upgraded civic infrastructure. The project is expected to improve housing conditions, optimise land use and strengthen infrastructure in one of Lucknow’s most established residential areas. The redevelopment also aligns with LDA’s larger focus on modern housing projects and vertical urban expansion across the city.Read more

26 May 2026

Kerala Local Self-Government Minister K M Shaji clarified that the newly elected UDF government has not taken any decision to dismantle the LIFE Mission housing scheme, following allegations raised by the CPI(M). The minister said the government would continue welfare projects that benefit the public while addressing shortcomings wherever required. The clarification comes at a time when the state’s affordable housing sector is closely watching the future of the flagship residential scheme. LIFE Mission has so far delivered more than five lakh houses across Kerala, while over one lakh housing units are currently under construction under the programme.Read more

26 May 2026

• Jaipur residents and urban planners have raised concerns over a new UDH notification allowing wider commercial activities in residential areas across the city.
• Experts believe the move could increase traffic congestion, parking shortages and pressure on civic infrastructure in housing colonies.
• Officials have warned that hotels, shops and commercial establishments in residential zones may affect the planned character of local neighbourhoods.
• The notification has also triggered legal concerns as courts have earlier stressed the need to protect zoning rules and master plan regulations.
• The development comes amid growing scrutiny over commercial misuse of residential properties in Jaipur and other major Indian cities.Read more