06 Dec 2025

Subhra Sen, mother of actor Sushmita Sen, has purchased two apartments in Elysian by Oberoi Realty in Goregaon East for a combined value of INR 16.89 crore. Both units measure 163.59 sq metres (around 1,760 sq ft) and include one parking space each. For the first unit, she paid a stamp duty of INR 42.02 lakh and a registration fee of INR 30,000, while the second unit involved a stamp duty of INR 42.49 lakh and registration charges of INR 30,000. The purchases add to the steady demand seen in this project.Read more

06 Dec 2025

UK house prices recorded a modest increase in November, rising by 0.3% on a seasonally adjusted basis, according to Nationwide. This followed a smaller rise in the previous month and came despite concerns linked to the finance minister's recent budget. The average house price reached 272,998 pounds (USD 360,739.56). Annual growth eased to 1.8%, the weakest since mid-2024, partly due to strong gains seen a year ago after interest rate cuts and policy changes. Supportive mortgage approvals and expectations of lower interest rates have given economists confidence that affordability may slowly improve.Read more

05 Dec 2025

A new study by Anarock and 360 One Wealth shows Worli remains one of India's strongest ultra-luxury housing markets, with 14 apartments priced above INR 40 crore sold between January and August 2025, totalling around INR 2,800 crore. This already exceeds the full-year value of 2024. Worli accounts for nearly 40% of India's ultra-luxury market and has seen over 20 deals above INR 100 crore in the past three years, including two duplexes sold for more than INR 700 crore in 2025. Premium high-rises now command INR 65,000 to over INR 1,00,000 per sq ft, reinforcing Worli's position as Mumbai's most coveted luxury address.Read more

05 Dec 2025

Retal Urban Development has formalized a development agreement with the National Housing Company to advance a significant residential project in Riyadh. The deal, valued at SAR 5.2 billion, will cover the construction of 4,839 residential units, reflecting ongoing efforts to meet the city's growing housing demand. The agreement highlights a continued partnership between private developers and government entities to enhance residential infrastructure. This initiative follows Retal's previous urban development projects and aligns with broader national plans to expand housing availability and support urban growth in Saudi Arabia.Read more

05 Dec 2025

Punjab RERA has ordered a Mohali-based developer to hand over possession of a long-delayed SCO unit in Sunny Enclave after the buyers waited nearly a decade despite having paid the entire consideration and completing all formalities. The allottees, who booked the unit in the early 2010s and even registered the conveyance deed years ago, had been denied possession because the project remained unfinished and mandatory occupation-related approvals were never issued. Acting on the buyers' complaint, RERA directed the promoter to hand over possession within three months and pay interest for the prolonged delay.Read more

05 Dec 2025

Piramal Realty has completed Phase 1 of Piramal Revanta, its 12-acre residential project in Mulund, after Tower 4 received its Occupation Certificate. All four towers in the phase are now delivered, with over 1,100 homes handed over. The developer has also opened Club RASA, a 20,000 sq. ft. wellness and community hub, along with amenities such as a pool, landscaped courts, an amphitheatre and play areas. Attention now shifts to Phase 2 (Vana), which includes Towers 5 and 6 and a second clubhouse, Club RAHA. Located beside Sanjay Gandhi National Park, Piramal Revanta offers strong connectivity and reflects the company's focus on thoughtful, community-driven design.Read more

04 Dec 2025

Mahindra Lifespaces has been selected to redevelop a residential cluster in Matunga (West), Mumbai. The project covers nearly 1.53 acres and carries a gross development value of about INR 1,010 crore. It will replace the old housing structures with upgraded homes, improved infrastructure and modern community amenities. The redevelopment also aligns with the company's plan to scale its Mumbai Metropolitan Region portfolio, as it aims to increase new launches and redevelopment work over the next few years. The project reflects the wider demand for society-redevelopment in Mumbai's older localities.Read more

04 Dec 2025

Sikka Group has entered into a co-development agreement with Birla Estates to develop a housing project in Greater Noida, valued at nearly INR 1,600 crore. The upcoming project, planned on a 5-acre land parcel owned by Sikka Group, will see Birla Estates investing around INR 500 crore. The partnership comes at a time when the Greater Noida Development Authority has been permitting co-developers to revive delayed real estate ventures. The collaboration aims to enhance financial strength, credibility and execution capacity for the long-pending development.Read more

04 Dec 2025

The Kingdom of Bahrain has lowered the minimum real estate investment needed to obtain its Golden Residency from USD 530,555 (BHD 200,000) to USD 345,000 (BHD 130,000), signalling a bid to draw more foreign capital. The revised threshold broadens eligibility to property buyers, seasoned professionals, retirees and high-net-worth individuals, while retaining preferential residency perks. The move is part of a wider push to boost demand in luxury housing, foster long-term settlement, and position the country as an attractive hub for investment and living among Gulf nations.Read more

04 Dec 2025

The Odisha Real Estate Appellate Tribunal (REAT) has rejected a public-sector bank's plea to auction a stalled housing project near Bhubaneswar. The project, mortgaged in 2014 for a loan of INR 4.6 crore, was taken over by the bank under the SARFAESI Act after repayments stopped, and auction notices were issued in 2020. Homebuyers had already paid significant amounts but never received their flats. REAT ruled that once the bank assumed control, it effectively became the promoter and remained bound by RERA regulations. The tribunal directed ORERA to find a way to complete the project, offering long-awaited relief to affected allottees.Read more

03 Dec 2025

Bengaluru's civic authorities have introduced a rule requiring plinth-line marking and a foundation certificate before any construction can begin. Approved plans must be digitally accessible to ward engineers and field staff for verification, and inspections will monitor compliance. A formal complaint and inspection system has been established for unauthorised construction. Confirmed violations trigger time-bound demolition orders, with costs charged to property owners. Officials allowing illegal construction face departmental action, and appeals will not delay enforcement unless a court stay is obtained, aiming to ensure orderly and transparent urban development.Read more

02 Dec 2025

Target Healthcare REIT has acquired three care homes for GBP 45 million, reinforcing its strategy of expanding in the healthcare property sector. The deal includes a forward commitment, supporting long-term rental income and growth potential. The REIT continues to focus on operationally efficient, high-quality care homes across the UK, targeting assets that meet regulatory standards and market needs. With the demand for well-managed care facilities rising due to an aging population, such acquisitions are expected to provide stable returns. This purchase adds to the company's consistent record of strategic, income-generating healthcare investments.Read more

02 Dec 2025

Ahmedabad Municipal Corporation's standing committee has reviewed proposals for 17 new high-rise projects across Bodakdev, Thaltej, Ambli-Bopal, Science City Road, Gota and Shilaj, reflecting growing demand for residential, commercial and mixed-use spaces in the city's expanding western corridors. Together, these projects will add about 2,000 homes and 2,300 commercial units, while AMC has already earned nearly INR 250 crore through permissions and related charges. This year, AMC also issued its first Building Use certificate for a residential tower exceeding 100 metres on Science City Road, signalling Ahmedabad's shift toward vertical growth. The cluster of seven skyscraper proposals in Bodakdev further reinforces its emergence as a major high-rise development hub.Read more