04 Jul 2026

Abu Dhabi's residential real estate market recorded strong growth during the first half of 2026, with the value of apartment and villa sales rising 173.9% year-on-year to AED 84.49 billion, while transaction volumes increased 103% to 16,585 deals, according to property intelligence platform ADXinteract. Off-plan properties accounted for 78% of all transactions, with residential prices continuing to rise across the emirate. Al Reem Island, Al Hudayriyat, Yas Island and Al Saadiyat Island remained the most active markets, collectively contributing nearly two-thirds of the total transaction value. The report also highlighted a healthy absorption rate across projects currently under development.Read more

04 Jul 2026

DLF Ltd has showcased the key features of DLF ONE Midtown, its premium residential development in West Delhi, highlighting the project's design, open spaces, amenities and sustainability initiatives. The development comprises two-, three- and four-bedroom residences designed around landscaped greens, with supporting lifestyle infrastructure including a 21,200 sq ft clubhouse and neighbourhood retail plaza. The project also incorporates features such as solar water heating, electric vehicle charging facilities, rainwater harvesting and wastewater recycling. Positioned as a mixed-use residential development, the project reflects the growing emphasis on integrated planning, wellness-oriented amenities and environmentally conscious infrastructure in India's premium housing segment.Read more

04 Jul 2026

A research report based on interviews with 61 prospective tenants across six major Indian cities has found widespread distrust of digital PG and co-living platforms, with every respondent insisting on visiting a property before making any payment. The study, published by InstaDwell Research, indicates that misleading photographs, questionable online reviews, hidden charges and restrictive rental practices are prompting many tenants to rely on personal networks rather than property platforms. The findings suggest that trust, rather than property discovery, has become the principal challenge in India's managed accommodation sector, with several prospective tenants ultimately choosing independent rental housing over PG accommodation after unsuccessful searches.Read more

04 Jul 2026

GHR Lakshmi Urbanblocks Infra LLP has partnered with Spa L'Occitane en Provence to introduce a branded wellness facility at The Cascades Neopolis, its INR 3,169 crore luxury residential development in Hyderabad. The spa, to be opeLimited, will offer wellness services based on the French brand's Provrated in India by Sanghvi Brands ençal philosophy. The collaboration forms part of the project's strategy to incorporate international design, hospitality and lifestyle partners into the 63-storey, 217-metre residential tower being developed at Neopolis. The project, scheduled for completion by March 2030, also involves global consultants across architecture, interiors, landscaping, engineering and concierge services.Read more

04 Jul 2026

Shapoorji Pallonji Real Estate (SPRE) will organise its largest multi-city property showcase in Mumbai on 5 July 2026, bringing together 15 residential projects from Mumbai, Thane, Pune, Gurugram and Howrah under one roof. The one-day event will feature apartments, villas and plotted developments, with prices starting from INR 60 lakh. Visitors will have access to project information, personalised consultations, exclusive event offers and expert guidance from the developer's sales teams, enabling prospective homebuyers and investors to evaluate multiple residential options across key Indian property markets.Read more

04 Jul 2026

Pune-based Mantra Group has emerged as the successful resolution applicant for a stalled residential redevelopment project in Worli, Mumbai, with an estimated development potential of INR 2,000 crore. The approval follows an order passed by the National Company Law Tribunal (NCLT) on June 19 under the Corporate Insolvency Resolution Process (CIRP). The Worli project is the developer's third acquisition in Mumbai over the past year, after projects in Jogeshwari and Mulund, taking the combined development potential of the three schemes to around INR 7,500 crore. The project had remained stalled for more than a decade due to financial difficulties and legal disputes involving the previous developer, affecting construction progress and homebuyers.Read more

Mumbai News Desk

03 Jul 2026

The Bombay High Court has upheld two Maharashtra government resolutions (GRs) governing the cluster redevelopment of MHADA layouts, dismissing petitions filed by cooperative housing societies challenging the policy. The ruling paves the way for the redevelopment of key MHADA layouts in Bandra Reclamation and Adarsh Nagar, Worli. The court held that the policy serves a larger public purpose by enabling planned redevelopment of ageing housing colonies, improving infrastructure and ensuring optimal land utilisation while balancing the interests of residents and the state.Read more

03 Jul 2026

Bonava has signed an agreement to sell more than 500 apartments in the Norrbodahöjden residential development in Sweden for approximately SEK 1.3 billion. The transaction reflects the company's continued focus on investor sales and strengthening cash flow amid improving housing market conditions. The project forms part of Bonava's broader strategy of developing large-scale residential communities across its core European markets. The company has recently completed several investor transactions in Sweden, Finland and Germany as demand from institutional buyers has gradually recovered following a challenging period for the housing sector.Read more

03 Jul 2026

Nambiar Builders has announced an investment of INR 1,900 crore to develop the third phase of District 25, its integrated township project in Bengaluru. The new phase will comprise premium residential apartments spread across 21 acres, with a saleable area of approximately 3.6 million sq ft. Located on Sarjapur Road, the township is designed as a mixed-use development featuring residential, commercial and lifestyle infrastructure. The investment reflects the developer's confidence in Bengaluru's sustained housing demand and the growing preference for large, integrated township projects offering comprehensive urban amenities.Read more

03 Jul 2026

• Proptech startup Crib has acquired rent financing platform CirclePe to expand its offerings for the co-living, hostel and paying guest (PG) accommodation segment.
• While the companies did not disclose the financial details of the transaction, the acquisition is expected to strengthen Crib's integrated property management ecosystem.
• CirclePe enables tenants to rent accommodation without paying a security deposit by advancing rent payments to operators.
• The acquisition is aimed at enhancing financial solutions for tenants and improving cash flow for co-living and hostel operators.Read more

03 Jul 2026

Nearly 45% of homes in India require electrical upgrades to safely support electric vehicle (EV) charging, according to a joint report by Kazam and the Alliance for an Energy Efficient Economy (AEEE). Based on data from more than 80,000 residential EV charger installations across tier-I, tier-II and tier-III cities, the study highlights significant gaps in residential charging infrastructure despite the country's accelerating electric mobility transition. The report estimates that EV-related electricity demand will rise from 0.2% of national consumption in 2024 to around 6% by 2035. It recommends upgrading residential electrical infrastructure, including dedicated charging circuits, compliant wiring, earthing and fire safety measures, to facilitate safe and reliable home charging.Read more

Mumbai News Desk

03 Jul 2026

The Maharashtra Housing and Area Development Authority (MHADA) has moved ahead with plans to redevelop two ageing housing layouts in Borivali and Khar after submitting proposals to the Maharashtra government for approval. The projects cover the 1,03,405 sq m Old MHB Colony on Gorai Road, Borivali, and the 25,234 sq m Ram Krishna Nagar in Khar under the Construction and Development Agency (C&DA) model. Together, the schemes will rehabilitate nearly 2,000 households while upgrading civic infrastructure, open spaces and amenities. MHADA will appoint private developers through a competitive tender process after receiving state approval, continuing its broader strategy of cluster redevelopment across Mumbai.Read more

Bangalore News Desk

03 Jul 2026

The Bangalore Development Authority (BDA) has proposed setting up a dedicated registration authority to simplify the formation of apartment owners' associations across its housing projects. The move aims to address long-standing issues faced by residents in registering associations under existing laws, which has delayed the transfer of maintenance responsibilities. The proposal is part of BDA's broader apartment maintenance policy that seeks to provide a structured handover process, improve governance in residential communities, and bring greater clarity on legal and administrative responsibilities for apartment owners.Read more

03 Jul 2026

India's household debt rose to 45.5% of the country's gross domestic product (GDP) as of March 2026, driven primarily by growth in non-housing retail loans, according to the Reserve Bank of India's (RBI) latest Financial Stability Report (FSR). Non-housing retail loans accounted for 58.4% of total household borrowings, continuing to outpace housing, agriculture and business loans. While household leverage has increased beyond its five-year average, the RBI noted an improvement in borrower quality, with a larger share of credit held by prime-rated borrowers. The report also highlighted a shift in housing finance towards higher-value loans, while non-performing housing loans continued to decline.Read more

03 Jul 2026

Bengaluru recorded a marginal 1% year-on-year increase in housing sales during the April–June quarter, with 15,285 residential units sold despite an 8% rise in average property prices, according to Anarock. The city outperformed the seven major Indian residential markets, where overall sales declined 6% amid global uncertainties. New housing launches in Bengaluru surged 41% to 21,670 units, with nearly 96% of the supply concentrated in the premium and luxury segments priced at INR 80 lakh and above. The increase in project launches helped sustain demand, although it also pushed unsold inventory to 79,180 units by the end of the quarter.Read more

03 Jul 2026

The Chandigarh Housing Board (CHB) has asked allottees to verify their outstanding dues through its online portal to improve transparency and facilitate timely payments. The initiative allows property owners to access updated financial details, including pending instalments, interest and other charges, before making payments. The board said the online verification system is intended to simplify the payment process, reduce disputes over dues and strengthen digital service delivery for residents across its housing schemes.Read more

02 Jul 2026

Property registrations in Mumbai increased 16% year-on-year to 13,413 units in June, marking the highest level recorded for the month in the past 14 years, according to Knight Frank India. The registrations, based on data from the Maharashtra Department of Registrations and Stamps, cover transactions in both the primary and secondary property markets within the Brihanmumbai Municipal Corporation (BMC) limits. The strong performance comes despite a high base in the corresponding period last year, when 11,599 properties were registered. Knight Frank attributed the growth to sustained end-user demand and continued confidence among homebuyers, reflecting the resilience of Mumbai's residential market.Read more

02 Jul 2026

Thailand’s government has decided to extend reduced ownership transfer and mortgage registration fees for another year in an effort to support the country's struggling property sector. The concession, which lowers both fees to 0.01% for eligible residential properties, will now remain in effect until June 2027. The move is aimed at encouraging home purchases, easing financial pressure on buyers, and helping revive demand in the real estate market, which continues to face challenges from weak economic conditions and slower property transactions.Read more