Mumbai News Desk

03 Jan 2026

Mumbai's property market recorded a significant milestone as registrations in the municipal region rose 6 per cent over the last calendar year to 150,231 units, the highest level in 14 years. Data analysed by Knight Frank India showed strong performance within city limits, supported by steady end-user demand. Registrations in the final month of the year also increased sharply, with residential properties forming the bulk of transactions. The data covers both primary and secondary markets, reflecting broad-based housing activity across Mumbai.Read more

Mr. Mukesh Kumar, Founder & Director of M-Sanvi Real Estate Pvt. Ltd.

03 Jan 2026

The definition of a dream home in India's urban markets is evolving rapidly. While larger homes once dominated buyer preferences, today's homebuyers are placing greater emphasis on neighbourhood quality and overall lifestyle. Safety, seamless connectivity, environmental health, and access to social infrastructure are emerging as decisive factors in purchase decisions. Long commutes, rising health awareness, and the desire for stronger community living are reshaping how buyers assess value. As cities become denser, proximity, convenience, and well-planned surroundings are increasingly outweighing sheer square footage. This shift reflects a more mature, holistic approach to homeownership where quality of life matters as much as the home itself.Read more

03 Jan 2026

Beed district has emerged as the leading performer in Maharashtra's rural housing sector, with more than 50,000 new homes completed for beneficiary families under central and state schemes. The district's success is attributed to structured planning, active field monitoring, and timely fund transfers, overcoming challenges such as water shortages, material constraints, and migration. Nearly INR 1,000 crore was credited directly to beneficiaries accounts to support construction. Schemes like Pradhan Mantri Awas Yojana Gramin (PMAY-G) played a major role, and authorities ensured that almost all identified families have moved into their new homes.Read more

Mumbai News Desk

02 Jan 2026

Realty firm The House of Abhinandan Lodha (HoABL) has sold 1,419 apartments worth around INR 640 crore in the first phase of its housing project The Great Western in the Mumbai Metropolitan Region, highlighting strong demand for affordable homes. Developed in partnership with Mittal Builders at Naigaon, the project attracted over 8,800 applications, far exceeding available units. One-bedroom homes were priced at INR 32.9 lakh and two-bedroom units at INR 49.9 lakh. The company conducted the entire booking and allotment process online and plans to launch the second phase in February.Read more

02 Jan 2026

Asas Makeen Real Estate Development and Investment has signed a contract to sell three residential buildings located within its Makeen 63 project. The transaction carries a total value of SAR 77.1 million, as disclosed in a recent regulatory filing. While specific details regarding the buyer and transaction timeline were not shared, the deal involves completed residential assets within an active development. The move aligns with the company's ongoing strategy of monetising selected properties from its portfolio while continuing to focus on residential development and investment across Saudi Arabia.Read more

Bangalore News Desk

02 Jan 2026

Several homebuyers in Bengaluru have been affected after builders executed multiple sale agreements for the same apartment, exposing serious gaps in property registration and verification systems. The issue came to light when buyers discovered that identical flats had been sold to different individuals by altering carpet area details in registration documents. Sub-registrar offices reportedly registered these agreements without detecting duplication, while banks approved home loans without flagging title overlaps. The incident has intensified scrutiny of regulatory oversight and buyer protection mechanisms in the city's residential market.Read more

02 Jan 2026

The Karnataka Real Estate Regulatory Authority (K-RERA) directed a Bengaluru builder to refund a homebuyer with interest after failing to deliver possession despite executing two sale agreements. The complainant had paid an advance and availed a housing loan, and later agreed to an alternative flat based on the builder's assurances. K-RERA found the claim genuine, noting delays beyond the promised delivery date and failure to register the sale deed. The order highlights ongoing double sale issues in Karnataka and underlines RERA's active role in protecting buyers interests and enforcing refunds with interest.Read more

Mumbai News Desk

01 Jan 2026

A Mumbai civil court has brought an end to a long-standing ownership dispute involving a residential apartment in Dahisar by ruling in favour of NRI businessman Suresh Basantani. The court held that the flat was unlawfully resold and occupied despite an earlier registered agreement and valid possession with Basantani. Declaring the subsequent transaction invalid, the court ordered the occupants to vacate the premises within a fixed period and restrained them from creating third-party rights. The ruling reinforces the legal standing of registered property agreements.Read more

01 Jan 2026

Pending home sales in the U.S. surged in November, reaching their highest point since February 2023, driven by improved affordability as lower mortgage rates and rising wages encouraged buyers. Contracts for previously owned homes rose 3.3% month-on-month and 2.6% year-on-year, exceeding economists expectations. Gains were recorded across all major regions, with more inventory choices adding to buyer interest. The average 30-year fixed mortgage rate stood at 6.18%, near the lowest levels in over a year. The data signals a potential rise in closed sales in the coming months.Read more

Mumbai News Desk

01 Jan 2026

Celebrity fitness trainer Yasmin Karachiwala has acquired two luxury sea-facing apartments in Mumbai's Bandra West for a total consideration of INR 37.5 crore. The apartments are located in the Paradigm Superstar-Signature Edition project and together offer a built-up area of about 3,598 sq ft. Property registration records also indicate that a close family member purchased another apartment in the same development. The transaction reflects steady demand for high-end residential properties in Mumbai's established luxury housing micro-markets.Read more

Pune News Desk

01 Jan 2026

Residents from eastern Pune areas such as Wadgaon Sheri, Wagholi, Lohegaon and Dhanori have raised concerns over inadequate civic infrastructure that continues to affect daily living. They flagged persistent issues including irregular water supply, poor road conditions, ineffective drainage, traffic congestion and limited healthcare access. The residents submitted a detailed representation to the Pune Municipal Corporation, seeking time-bound action on essential services. Civic groups stated that rapid population growth in these areas has not been matched by infrastructure upgrades, resulting in mounting pressure on basic amenities.Read more

01 Jan 2026

Haryana Real Estate Regulatory Authority has ordered Splendor Buildwell to clear pending assured return dues and complete conveyance formalities for investors in its Spectrum One project in Gurugram within 90 days. The authority held that assured return commitments made in 2016 agreements remain valid and enforceable under RERA. It rejected the developer's claim that such payments were barred by later laws. The order also restricts the builder from levying additional charges and provides for interest if payments are delayed further.Read more

31 Dec 2025

The Himachal Pradesh Cabinet approved a world-class township at Shitalpur near the Chandigarh border, transferring about 3,400 bigha of land to the housing department. It also amended state RERA rules to improve transparency and dispute resolution. Healthcare capacity was strengthened through new nursing and medical faculty posts, while a multidisciplinary university was cleared in Bilaspur under a public-private model. Social welfare coverage was expanded under the Sukh Aashray Yojna, alongside approvals for pastoral livelihood projects, dairy infrastructure, CBSE school sub-cadres and incentives for qualified medical faculty.Read more

31 Dec 2025

Since its launch in May 2017, MahaRERA has recovered over INR 270 crore in compensation for homebuyers across Maharashtra, with strong support from District Collector offices. Around INR 200 crore was recovered by the end of 2024, followed by another INR 70 crore in 2025. MahaRERA has issued recovery orders worth INR 792 crore for more than 1,290 complainants, while some cases remain pending with the NCLT. Major recoveries were recorded in Mumbai Suburban, Mumbai City, and Pune. Several districts, including Nashik and Sindhudurg, have achieved full compensation recovery, highlighting improved enforcement under the real estate regulator.Read more

31 Dec 2025

CREDAI Chennai's latest study suggests that south and west Chennai will lead residential housing growth in 2026, driven by infrastructure upgrades, metro expansion and improved road connectivity. Corridors such as OMR, GST Road and Porur Poonamallee continue to see strong end-user demand, while projects like the Kuthambakkam bus terminus and Metro Corridor 4 are boosting west Chennai's appeal. Housing sales in FY 2025-26 are expected to exceed 15,000 units, around 18% higher than 2024, with prices remaining largely stable.Read more

31 Dec 2025

Residential property registrations across nine major Indian cities declined 5% year-on-year to 5.45 lakh units in 2025, while the total transaction value rose 11% to INR 4.46 lakh crore. The contrasting trend highlights the impact of sustained price appreciation and a growing preference for premium and luxury homes, particularly in high-value markets such as the Mumbai Metropolitan Region. Despite lower volumes, higher ticket sizes and demand from affluent buyers supported overall value growth. Industry experts indicate that affordability pressures are emerging in premium micro-markets, pointing to a likely stabilisation in luxury demand during 2026, alongside a gradual shift toward mid-income housing.Read more