11 Dec 2025

JKRERA is launching a unified single-window system for approvals, registrations, and oversight of real estate projects across Jammu & Kashmir. Projects above 500sqm or with more than eight apartments must register before advertising or commencing construction. District enforcement cells will monitor compliance. Non-compliant promoters may face fines or imprisonment. The housing and urbandevelopment department has ordered all new and ongoing projects to register under JKRERA before work begins. The initiative aims to reduce delays, bring clarity, enforce regulations and curb unplanned growth.Read more

11 Dec 2025

Dasnac has unveiled plans to invest about INR 2,000 crore in Dasnac Westminster, a new luxury residential project in Noida. Spread across a 1.94-acre corner plot, the development will feature 264 premium apartments designed with private lift lobbies, wellness-focused amenities and open views. With a total project cost of nearly INR 2,500 crore, the company positions this as a long-term commitment to Noida's growing high-end housing market. The project is already attracting interest from HNIs, NRIs and Gulf-based investors, driven by rising demand and improving local infrastructure. Construction timelines and approvals are being finalised, supported by Dasnac's established presence in Delhi-NCR.Read more

11 Dec 2025

Palm Hills Developments is targeting over USD 7 billion in sales from its first UAE project, Saadiyat Shores, which spans 1.87 million square metres in Abu Dhabi and will cost around USD 5.4 billion to develop. Construction is planned for April or May 2026, with deliveries expected three to three-and-a-half years later. The company is securing financing from UAE banks and exploring additional projects in Abu Dhabi and Dubai. Beyond the UAE, potential developments in Riyadh and Jeddah indicate a wider Gulf expansion strategy.Read more

11 Dec 2025

The National Green Tribunal's Western Zone Bench has ordered an immediate halt to construction at a residential project in Baner after a neighbouring housing society complained of dust, noise and improper waste handling. The Tribunal reviewed a recent Maharashtra Pollution Control Board (MPCB) inspection, which flagged missing acoustic barriers, poor storage of raw materials, lack of controlled areas for cutting and grinding, and failure to follow construction-waste rules. Noting that earlier MPCB directions had not been effectively enforced, the NGT directed the Board to act on the developer's reply and ensure no work resumes until proper pollution-control measures are in place. The main case will be heard in April.Read more

10 Dec 2025

A recent Kochi order has directed a residential flat-owners association to replace its uniform maintenance fee with a size-based system, requiring charges to be calculated in proportion to each unit's floor area. The ruling followed complaints that flat-rate billing was unfair in a building with differently sized apartments, as smaller-unit owners were effectively subsidising larger ones. The association must now revise its maintenance structure, present audited area data and communicate the updated charges transparently. The decision promotes equitable cost-sharing and may prompt other housing societies in Kochi to reassess their billing practices. It could also influence buyer preferences toward communities with fair, size-linked maintenance policies.Read more

10 Dec 2025

Karnataka's real estate regulator has urged homebuyers not to accept substandard or incomplete work from developers, stressing that doing so weakens their rights and allows poor practices to continue. The warning comes amid rising complaints about delays, inferior finishes and deviations from promised specifications. The authority reminded buyers that developers are legally required to meet quality norms, deliver as per approved plans and honour contractual commitments. Buyers have been advised to thoroughly inspect units before possession and formally document any defects to strengthen future claims. The message signals stricter regulatory expectations, pushing developers to improve execution, quality control and transparency to avoid complaints and enforcement action.Read more

10 Dec 2025

The Centre has approved more than 1.11 crore homes under the Pradhan Mantri Awas Yojana, with a significant share already delivered to beneficiaries. Nearly 1.10 crore homes have been grounded and about 95.54 lakh have been completed. A 2020 survey showed that around 6.5 crore people continue to live in slums across India. While the Centre funds PMAY-Urban and its updated PMAY-U 2.0 version, states and Union Territories handle land, slum rehabilitation and relocations. Most of the INR 2.05 lakh crore central assistance sanctioned for these schemes has already been released and utilised.Read more

10 Dec 2025

Embassy Developments reported a strong market response to Embassy Greenshore, its newly launched premium residential project at Embassy Springs in North Bengaluru, securing bookings worth around INR 860 crore within five days. The 14-acre development includes 878 larger-format apartments across two phases, targeting upper-mid-segment buyers seeking spacious layouts and master-planned community living.Read more

10 Dec 2025

Sanghvi Realty has announced two new residential projects-Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park-with a combined Gross Development Value of INR 220 crore. Both sites have been demolished and are awaiting Commencement Certificates before construction begins. The firm said the locations were selected for their strong connectivity and steady end-user demand. The launches follow other recent developments such as Sanghvi Palazzo, Sanghvi Aria and Sanghvi Optima, reflecting the company's delivery-focused approach. Directors Pakshal and Shankesh Sanghvi noted that the projects reinforce the firm's commitment to Mumbai's core housing markets. Construction will commence once regulatory approvals are secured.Read more

10 Dec 2025

Sanjali Bajaj has acquired a sea-view apartment in Worli for INR 66.41 crore. The 5,510 sq ft apartment includes a 430 sq ft balcony and additional podium-level parking/ancillary space of over 1,370 sq ft. The stamp duty for the mid-November transaction was INR 3.32 crore, with a price of roughly INR 1.20 lakh per sq ft. This follows earlier Bajaj family purchases in Mahalaxmi worth INR 104 crore. The acquisition indicates that demand for ultra-luxury, sea-view homes among India's wealthy remains strong and continues to define Mumbai's premium real estate market.Read more

09 Dec 2025

A deadly fire at Hong Kong's Wang Fuk Court has raised questions about contractor safety and regulatory oversight. Documents reveal residents were wrongly assured that Prestige Construction had a clean safety record, despite multiple past violations. Homeowners repeatedly raised concerns over fire hazards and rising renovation costs, attempting to revoke the contract. Following the blaze, Prestige and consulting firm Will Power are under manslaughter and anti-corruption investigations. Authorities report that substandard scaffolding mesh and flammable foam boards contributed to the fire, which claimed at least 159 lives, marking Hong Kong's deadliest incident since 1948.Read more

09 Dec 2025

Karnataka RERA has launched a unified single-window clearance system to streamline and speed up approvals for real estate projects across the state. Instead of applying separately to multiple departments, developers can now submit all documents through one portal, which will coordinate with the required statutory authorities. The move is designed to reduce delays, cut bureaucratic hurdles and improve transparency in the approval process. By centralising clearances, Karnataka RERA aims to provide developers with greater certainty and enable quicker project launches. Homebuyers are expected to benefit from faster delivery timelines, while regulators gain better coordination, oversight and accountability.Read more

09 Dec 2025

UK house prices remained flat in November, following October's modest growth, with annual growth slowing to its weakest since early 2024. Market caution ahead of the Autumn Budget contributed to stagnation, though affordability reached levels not seen since 2015, easing pressure on buyers. Regional trends varied, with slight declines in the south and modest gains in the north. Other lenders confirmed the slowdown, while Halifax expects gradual growth next year, aided by steady activity and anticipated lower interest rates.Read more

09 Dec 2025

Antara Senior Living, part of Max India Limited, has partnered with Max Estates to manage Estate 361, an 18.23-acre forest-themed senior living community in Gurugram. Following the success of Estate 360, Estate 361 will feature 360 residences and an integrated wellness centre combining modern healthcare with traditional therapies. Designed for accessibility and active ageing, the development offers extensive recreational and wellness amenities. With India's senior population rising rapidly and traditional family structures evolving, professionally managed senior living solutions like Estate 361 are increasingly essential. Antara is leveraging its healthcare and real estate expertise to address this demand.Read more

09 Dec 2025

Smartworld Developers has decided to expand beyond Gurugram with a major entry into Noida through a mixed-use project planned on a newly acquired 6-acre land parcel in Sector 98. The company secured the plot for INR 414 crore through an auction and intends to invest about INR 2,000 crore in development. The project will include branded residences, high-street retail and serviced homes, and is expected to generate revenue of more than INR 3,000 crore. Smartworld, which recorded INR 6,400 crore in sales bookings last fiscal year, is also exploring a collaboration with a global brand for this project.Read more

09 Dec 2025

Haryana's urban local bodies minister has directed officials in Panchkula to fast-track the allotment of residential plots and houses to poor families, reviving stalled work under state housing schemes. The municipal commissioner has been asked to clear pending cases, resolve procedural delays and ensure timely possession for eligible beneficiaries. The push follows earlier rounds in which thousands received plot-allotment letters and interim ownership certificates, though many units remained unallotted due to administrative backlogs. The directive stresses transparency, accountability and quick verification of documents, underscoring the government's broader goal of providing permanent, legally owned homes to underprivileged families as part of its housing-welfare commitments.Read more