01 Dec 2025

China's new home prices recorded a quicker month-on-month increase in November, reflecting selective improvement in the primary housing market. However, secondary-market prices continued to fall as high listing volumes and weak buyer sentiment kept pressure on valuations. The survey by China Index Academy highlighted that the broader property sector remains under strain, with developers still coping with the liquidity challenges that began in 2021. Although several supportive steps were introduced in the second half of 2024, major new stimulus has not been introduced this year. Policymakers may consider easing purchase rules and reducing transaction costs to stabilise demand.Read more

01 Dec 2025

Lodha Developers is preparing a substantial expansion for the latter half of the ongoing fiscal, outlining plans to introduce 15 residential projects valued at INR 14,000 crore across the Mumbai Metropolitan Region, Pune and Bengaluru. The company, which has already launched projects worth INR 8,300 crore in the first quarter and INR 4,900 crore in the second quarter, indicated in its recent investors' presentation that it remains on course to achieve its FY26 pre-sales guidance of INR 21,000 crore. Lodha also reported steady growth in sales bookings and is exploring a pilot entry into the Delhi-NCR market.Read more

01 Dec 2025

Godrej Properties is aggressively expanding its land bank this fiscal, targeting acquisitions that could generate up to INR 30,000 crore in development potential. The firm has already crossed its interim guidance of INR 20,000 crore, with key purchases in Nagpur (75 acres) and South Bengaluru (30 acres) contributing to this growth. With strong first-half sales bookings up 13 per cent year-on-year the company is confident of achieving its annual sales-booking target of INR 32,500 crore. Historically, Godrej has executed land acquisitions across major metro regions and tier-II/III cities to balance group housing and plotted development.Read more

01 Dec 2025

Nagpur Municipal Corporation is set to auction 113 properties worth INR 141 crore to recover around INR 1.9 crore in unpaid property taxes. The auctions, scheduled between December 12 and January 16, cover properties in multiple zones including Sitabuldi, Lendra Park, Zingabai Takli, Gorewada, Indora, Borgaon, Mankapur, Ajni, Somalwada, Khapri, Pardi, Hiwri, Subhedar Layout, and Sakkardara. The initiative is part of NMC's ongoing strategy to enforce tax compliance and enhance municipal revenue, following previous auctions earlier this year targeting overdue payments from other properties.Read more

01 Dec 2025

Authorities in Gurugram have moved to register an FIR against Ornamental Realtors Pvt Ltd for not renewing its commercial colony licence for a 3.5-acre project in Sector 61. The licence, originally issued in 2009, expired in 2017, but the developer did not apply for renewal or pay the required fees. Officials also found that the company had not uploaded mandatory compliance reports on the official portal. A notice issued in October did not result in any action from the builder, prompting authorities to proceed with legal steps.Read more

30 Nov 2025

Haryana RERA has directed MRG Infrabuild to reinstate a flat in The Meridian, Gurugram, and pay delay compensation at 10.9% per annum. The buyer had already paid more than the total sale price, but the builder cancelled the allotment citing defaults and imposed extra post?Covid demands, later acknowledged as system errors. HRERA found the cancellation invalid, as the promoter failed to provide required notice and missed possession timelines. The authority ordered reinstatement within 30 days and interest payment within 90 days, reinforcing buyer protection in affordable housing.Read more

30 Nov 2025

Kolkata's premium residential market witnessed a sharp rise in supply and absorption earlier this year, according to Nklusive's H1 2025 Premium Real Estate Market Report. The consultancy observed that premium homes priced between INR 1.5 crore and INR 5 crore recorded heightened demand, with active projects increasing from 24 to 34 over the past year. Marketable supply nearly doubled, and South Kolkata led overall inventory distribution. Larger units, particularly 3 BHK and 4 BHK formats, saw notable sales growth, reflecting a shift towards spacious, amenity-rich living among high-end homebuyers.Read more

30 Nov 2025

The Chandigarh Housing Board's proposal to introduce plotted residential development at the Rajiv Gandhi Chandigarh Technology Park has been stalled after the urban-planning department rejected the request on the grounds of violating the city's master plan. The move marks another setback to CHB's long-pending attempts to initiate housing on the 123-acre land parcel, originally reclaimed nearly a decade ago after a prolonged dispute. The board's earlier group-housing scheme had also faced environmental hurdles, and the latest objection now forces CHB to reconsider how the strategically located IT Park land can be used.Read more

29 Nov 2025

Dubai's ultra-luxury villa segment has evolved into a stable global asset class, with strong demand for AED 40M+ trophy homes and rising activity in the AED 70M-100M range. fam Properties' analysis shows resales now outpacing new sales, driven by limited supply in prime locations such as Palm Jumeirah, Emirates Hills and MBR City-the city's 'Golden Triangle of Wealth.' Transactions have surged from 27 in 2020 to 242 in 2024, with total value rising more than 1,700% to AED 15.98B. Emerging areas like Palm Jebel Ali, Tilal Al Ghaf and The Oasis are expected to host AED 100M+ villas after handovers in the coming years, signalling broader market expansion.Read more

29 Nov 2025

A Cuttack housing project under the 'Housing for All' scheme faces a GST liability of nearly INR 10 crore for transfer of development rights. The project involved a 3.63-acre land parcel where 550 units for EWS and 320 units for LIG were constructed in collaboration with the Cuttack Development Authority. While GST on construction services and interest for delayed compliance was paid, the TDR-related GST remains unpaid. Officials flagged issues with input tax credit entries, prompting the case to be escalated to the national GST enforcement agency for detailed investigation.Read more

29 Nov 2025

The Lucknow Development Authority (LDA) is preparing to introduce its large-scale IT City housing township along Sultanpur Road by early 2026, designed to accommodate close to one lakh residents. The township spans roughly 2,660 acres and is being developed under a land-pooling model that returns 25% developed land to donors through a lottery system. With nearly 10,000 plots planned, along with a 200-acre green belt, a 15-acre water body and a new approach road linking the site to Kisan Path, the project aims to establish a self-sustaining, mixed-use urban zone.Read more

29 Nov 2025

The latest Magicbricks report shows India's rental housing market is slowing slightly after earlier rapid growth. Nationally, demand rose only 0.2 % QoQ and 0.4 % YoY, while supply increased 0.6 % QoQ and 5.9 % YoY. Average rents still climbed 4.4 % QoQ and 18.1 % YoY. Delhi-NCR saw strong demand, with Greater Noida up 29.5 % QoQ, Delhi 17.8 %, and Noida 10.8 %. Other major metros like Chennai, Bengaluru, Hyderabad, Pune, and Mumbai experienced demand declines ranging from 1.2 % to 7.2 %. Semi-furnished homes and one and two bedroom units remain most popular.Read more

29 Nov 2025

Municipal authorities in Jamshedpur and Dhanbad have launched a coordinated enforcement drive to clamp down on illegal constructions that deviate from approved building plans. A special squad will carry out random inspections, and offenders face possible demolition and hefty fines. Local residents are being urged to report suspect activity. The campaign builds on a history of selective enforcement and misused basements in Jamshedpur, signalling a tougher, more systematic regulatory phase.Read more

29 Nov 2025

CIDCO has unveiled a housing scheme offering 4,508 ready-to-move homes across Navi Mumbai's Taloja, Dronagiri, Ghansoli, Kharghar, and Kalamboli nodes. The scheme operates on a first-come, first-served basis, allowing applicants to directly choose their preferred units. Among the tenements, 1,115 are allocated for the Economically Weaker Section (EWS) under PMAY with a subsidy of INR 2.5 lakh, while 3,393 are for the Low Income Group (LIG). Online registration has begun, and successful applicants can start selecting flats later this month, with immediate possession upon payment and document verification.Read more

29 Nov 2025

A quiet shift is unfolding across Mumbai as the Permanent Transit Camp (PTC) model gains momentum in unlocking long-stalled slum redevelopment. Traditionally, projects in areas where sale rates could not exceed INR 20,000 per sq ft struggled to break even due to rising construction costs, unstable negotiations and heavy premium payouts. The PTC framework bypasses these bottlenecks by shifting eligible slum households to a separate, fully certified permanent structure, freeing the original land for unencumbered development. With third-party funding shouldering all expenses and developers earning fixed fees without investment exposure, the model is reshaping both market dynamics and neighbourhood conditions.Read more

28 Nov 2025

India's All-India House Price Index, compiled by the Reserve Bank of India, rose at a significantly slower annual pace of 2.2% during the past week, compared with the 7% growth seen in the corresponding period last year. The Central Bank released the latest HPI for Q2 of the current financial year with a revised base year of 2022-23, replacing the earlier 2010-11 benchmark. While Nagpur, Ghaziabad and Chandigarh supported the annual rise, several major metros recorded quarterly declines, pulling the composite index down from 113.4 in Q1 to 112.7 in Q2.Read more

28 Nov 2025

HDFC Capital Advisors has joined hands with Hero Realty to launch a INR 1,000 crore platform for residential projects in India's Tier 1 and Tier 2 cities. Hero Realty, with a track record of over 8.4 million sq ft in completed residential projects and 200 acres of industrial parks, currently has five ongoing developments. The partnership aims to tap into rising demand for mid-income housing, focusing on well-connected towns near major metros. HDFC Capital's CEO emphasized that the move supports sustainable housing growth for India's middle class, while Hero Realty plans faster expansion under this collaboration.Read more

28 Nov 2025

Umiya Buildcon Limited announced earlier this week that it had acquired a 20,000 sq. ft. super-prime parcel off Cunningham Cross Road in Bengaluru's Central Business District to develop an ultra-luxury, design-led boutique residential project. With a planned built-up area of about 55,600 sq. ft., the project reinforces the company's strategy of focusing on limited-inventory, high-value homes in tightly held micro-markets. The acquisition adds to Umiya's growing premium real estate portfolio, which also includes its ongoing development in Candolim, Goa, one of the most centrally located and in-demand coastal destinations.Read more