28 Jun 2026

BPTP’s residential project Skynest in Sector 80, Greater Faridabad, has been recognised with the ‘Landmark High-Rise Development of the Year’ award at the ET NOW Realty Conclave & Awards 2026. The project comprises twin residential towers rising to approximately 150 metres and incorporates green building features, landscaped sky decks and community-oriented amenities. Located along the Faridabad Bypass Road corridor, Skynest is positioned within the rapidly developing Greater Faridabad residential market. The development has been planned with support from a team of international and domestic consultants across architecture, engineering, sustainability and design disciplines. The recognition highlights the project's design approach and reflects growing development activity in Faridabad, which continues to emerge as an important residential destination within the National Capital Region (NCR).Read more

28 Jun 2026

Banke International Properties has entered into Association of Persons (AOP) partnerships with several major developers in the Mumbai Metropolitan Region (MMR), covering residential inventory valued at approximately INR 10,000 crore. The portfolio includes projects by Godrej Properties, L&T Realty, Piramal Realty, Lodha and MS Realty across the western suburbs, Thane and other emerging residential corridors. Through the agreements, the company aims to generate around INR 500 crore in sales during the current financial year, contributing to its overall sales target of INR 1,000 crore. The partnerships are structured around a performance-driven sales framework intended to strengthen collaboration between developers and channel partners, while supporting customer acquisition across domestic and non-resident Indian (NRI) buyer segments.Read more

27 Jun 2026

One Atmosphere, the premium serviced apartment brand of Atmosphere Core, has outlined plans to invest INR 500 crore to expand its luxury apart-hotel business across India and selected international markets. Announced on June 25, the company aims to sign approximately 7,500 keys over the next five years through an asset-light model based on management and lease agreements. The expansion will begin with the opening of One Atmosphere Suites at Corner Walk, Gurgaon, in partnership with M3M India, scheduled for September 2026. The brand will target corporate travellers, expatriates, families and extended-stay guests, with around 60% of inventory expected to be driven by corporate partnerships. Planned domestic expansion includes Gurgaon, Noida, Bengaluru, Mumbai and Hyderabad, alongside international growth across Cambodia, Indonesia, Sri Lanka, Thailand and the UAE.Read more

27 Jun 2026

Arvind Smartspaces Limited (ASL) has received an upgrade to an AA-/Stable credit rating from India Ratings & Research, reflecting its improved operating scale, steady cash flow generation and disciplined financial management. Announced on June 24, the upgrade follows a year of higher residential sales, stronger customer collections and healthy operating cash flows during FY26. The Ahmedabad-headquartered developer reported booking value of INR 1,550 crore, collections of INR 1,100 crore and operating cash flows of INR 417 crore for the financial year. India Ratings noted that the company has maintained adequate internal cash generation to fund expansion while preserving a balanced financial profile. ASL is also advancing its geographical expansion into the Mumbai Metropolitan Region (MMR), alongside its established presence in Ahmedabad and Bengaluru, to diversify its project portfolio and reduce market concentration.Read more

27 Jun 2026

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential development on Main Avenue in Santacruz West, Mumbai. The project has been conceived as a low-density residential offering featuring homes of 2,500 sq ft and above, including full-floor residences. Positioned within one of Mumbai’s established premium residential neighbourhoods, the development incorporates an Art Deco-inspired design approach and includes a collaboration with interior designer Sussanne Khan. The project targets high-net-worth individuals, business owners and end-users seeking larger homes in the Bandra-Khar-Santacruz micro-market. Platinum Corp, which has delivered approximately 1.75 million sq ft across Mumbai’s suburbs over the past 15 years, said the launch forms part of its broader strategy to expand its portfolio of premium residential developments across the city.Read more

27 Jun 2026

Sugee Group has marked the completion of its luxury residential project, Sugee Marina Bay, with a stakeholder event held at the Jio World Convention Centre in Mumbai. The gathering brought together homeowners, consultants, contractors, financiers, architects and project teams involved in the development’s delivery. The event recognised the contributions of stakeholders who participated in the project from its launch in 2021 through to completion. A key highlight was the unveiling of three BMW i7 vehicles, which will be available exclusively for residents. The celebration also featured cultural performances and reflected the developer’s focus on community building following project completion. The handover milestone marks the transition of Sugee Marina Bay from a completed residential development to an operational residential community for homeowners.Read more

27 Jun 2026

Karyan Group has performed the Bhoomi Poojan ceremony for Trevana Residences, its recently launched luxury housing project on NH-24 opposite Wave City in Ghaziabad, formally commencing construction of the development. The NCR-based developer is investing INR 900 crore in the project and expects to generate nearly INR 1,500 crore in revenue. Scheduled for completion by 2030, the development will comprise 3 and 4 BHK residences supported by a 45,000 sq. ft. clubhouse, lifestyle amenities and sustainable infrastructure. Located along the NH-24 corridor with connectivity to Delhi, Noida and Meerut, the project is aimed at premium homebuyers and investors. The launch comes amid sustained demand for luxury and upper mid-segment housing across the National Capital Region, particularly in emerging residential corridors.Read more

26 Jun 2026

• Senior living demand in India is increasingly shifting from traditional retirement and care homes to active ageing communities focused on lifestyle, wellness and independence.
• Experts say today's seniors are healthier, financially independent and looking for social engagement, recreation and better quality of life.
• Developers are responding by creating integrated communities with healthcare access, fitness facilities and community-driven amenities.
• Urban locations are emerging as a preferred choice as seniors want to stay connected to family, healthcare services and city infrastructure.
• The growing elderly population and changing family structures are expected to support long-term growth in the senior living housing segment.Read more

Mumbai News Desk

26 Jun 2026

• The BMC is moving ahead with a revised amnesty proposal aimed at providing relief to buildings constructed before November 2016 that lack occupancy certificates.
• The scheme seeks to address long-standing issues faced by residents, including difficulties related to property taxation, utility connections and redevelopment processes.
• State authorities have backed a more practical framework that could allow eligible buildings to regularise certain compliances without undergoing lengthy legal disputes.
• If approved, the initiative could benefit thousands of homeowners across Mumbai living in structures that remain occupied despite pending occupancy certification.Read more

Pune News Desk

25 Jun 2026

• Pune Municipal Corporation (PMC) has approved the process to prepare a new Development Plan (DP) for 23 villages merged into the city limits.
• The move follows the Maharashtra government's decision to appoint PMC as the sole planning authority for these areas, replacing the earlier dual-authority system.
• The fresh plan will focus on road networks, public amenities, infrastructure, land use, and future urban development.
• Residents of the merged villages have long sought a structured planning framework to address civic and infrastructure gaps.
• The proposed DP is expected to provide greater clarity on development permissions and support planned growth in Pune's expanding suburbs.Read more