01 Jan 2026

Haryana Real Estate Regulatory Authority has ordered Splendor Buildwell to clear pending assured return dues and complete conveyance formalities for investors in its Spectrum One project in Gurugram within 90 days. The authority held that assured return commitments made in 2016 agreements remain valid and enforceable under RERA. It rejected the developer's claim that such payments were barred by later laws. The order also restricts the builder from levying additional charges and provides for interest if payments are delayed further.Read more

31 Dec 2025

The Himachal Pradesh Cabinet approved a world-class township at Shitalpur near the Chandigarh border, transferring about 3,400 bigha of land to the housing department. It also amended state RERA rules to improve transparency and dispute resolution. Healthcare capacity was strengthened through new nursing and medical faculty posts, while a multidisciplinary university was cleared in Bilaspur under a public-private model. Social welfare coverage was expanded under the Sukh Aashray Yojna, alongside approvals for pastoral livelihood projects, dairy infrastructure, CBSE school sub-cadres and incentives for qualified medical faculty.Read more

31 Dec 2025

Since its launch in May 2017, MahaRERA has recovered over INR 270 crore in compensation for homebuyers across Maharashtra, with strong support from District Collector offices. Around INR 200 crore was recovered by the end of 2024, followed by another INR 70 crore in 2025. MahaRERA has issued recovery orders worth INR 792 crore for more than 1,290 complainants, while some cases remain pending with the NCLT. Major recoveries were recorded in Mumbai Suburban, Mumbai City, and Pune. Several districts, including Nashik and Sindhudurg, have achieved full compensation recovery, highlighting improved enforcement under the real estate regulator.Read more

31 Dec 2025

CREDAI Chennai's latest study suggests that south and west Chennai will lead residential housing growth in 2026, driven by infrastructure upgrades, metro expansion and improved road connectivity. Corridors such as OMR, GST Road and Porur Poonamallee continue to see strong end-user demand, while projects like the Kuthambakkam bus terminus and Metro Corridor 4 are boosting west Chennai's appeal. Housing sales in FY 2025-26 are expected to exceed 15,000 units, around 18% higher than 2024, with prices remaining largely stable.Read more

31 Dec 2025

Residential property registrations across nine major Indian cities declined 5% year-on-year to 5.45 lakh units in 2025, while the total transaction value rose 11% to INR 4.46 lakh crore. The contrasting trend highlights the impact of sustained price appreciation and a growing preference for premium and luxury homes, particularly in high-value markets such as the Mumbai Metropolitan Region. Despite lower volumes, higher ticket sizes and demand from affluent buyers supported overall value growth. Industry experts indicate that affordability pressures are emerging in premium micro-markets, pointing to a likely stabilisation in luxury demand during 2026, alongside a gradual shift toward mid-income housing.Read more

31 Dec 2025

State-owned NBCC (India) Ltd has sold 417 residential units in Noida and Greater Noida for a total value of INR 1,045.4 crore through an e-auction process, strengthening its efforts to complete stalled projects of the erstwhile Amrapali Group. The sales were carried out under the Supreme Court mandated framework to revive delayed housing projects and ensure delivery to homebuyers. NBCC, which is responsible for completing around 38,000 stalled flats, will earn a marketing fee from the transaction. The proceeds are expected to support construction activities and help fund the completion of ongoing and additional residential developments.Read more

31 Dec 2025

US home prices increased at their slowest annual pace in over 13 years in October, signalling easing pressure on housing affordability after a prolonged period of sharp price escalation. Annual price growth moderated to 1.7 per cent, reflecting a cooling market as higher interest rates, improved supply conditions, and cautious buyer sentiment weigh on demand. Regional trends showed mixed performance, with some areas recording modest declines while others continued to see steady gains. On a month-on-month basis, prices edged up, indicating underlying stability despite the broader slowdown. The data suggests the US housing market is transitioning from rapid post-pandemic growth toward a more balanced and sustainable phase.Read more

31 Dec 2025

The Virar-Alibaug Multimodal Corridor, a 126 km transport project being developed by the Maharashtra State Road Development Corporation (MSRDC), is affecting affordable housing in Kalyan. The project's approved alignment passes through land in Shirdhon that was reserved by the Maharashtra Housing and Area Development Authority (Mhada) for Economically Weaker Section (EWS), Low Income Group (LIG), and Middle Income Group (MIG) homes. Approximately five hectares of land will be acquired, with Mhada seeking INR 50 crore in compensation. The corridor aims to improve connectivity across the Mumbai Metropolitan Region.Read more

31 Dec 2025

The Gujarat Real Estate Regulatory Authority (RERA) has introduced a revised Standard Operating Procedure (SOP) aimed at improving the efficiency, transparency and timeliness of grievance redressal for homebuyers and other stakeholders. The new framework places greater emphasis on digital filing, structured documentation and defined procedural timelines. Complaints can be submitted online through the RERA portal, with offline filing continuing as an alternative. The authority has also strengthened case tracking through a centralised dashboard, enabling parties to monitor hearing schedules, notices and final orders, while reducing procedural delays caused by incomplete submissions.Read more

31 Dec 2025

Central Park, a Gurugram-based real estate developer, recently hosted its annual Flower Show across Central Park Resorts and Central Park Flower Valley, transforming both developments into immersive floral landscapes. The event showcased a wide range of winter blooms through curated installations, thematic zones and landscaped pathways, bringing together residents and visitors in a community-focused setting. The programme featured cultural performances, interactive activities for all age groups and curated food experiences, reinforcing the developer's emphasis on nature-led living and social engagement. The initiative highlighted Central Park's broader vision of integrating greenery, design and shared experiences within residential environments to strengthen community bonds.Read more

31 Dec 2025

Union Minister Dharmendra Pradhan has distributed work orders under the Pradhan Mantri Awas Yojana-Urban scheme to 855 urban poor beneficiaries in Sambalpur, aiming to support construction of pucca homes for low-income families. The event, held in the municipal area, also saw foundation stones laid for several development projects worth millions of rupees. The minister noted that providing safe and dignified housing to economically disadvantaged urban families remains a priority, and highlighted the government's commitment to ensuring scheme benefits reach eligible beneficiaries. The initiative forms part of broader efforts to improve urban living conditions, infrastructure and civic amenities in the district.Read more

30 Dec 2025

Care Property Invest NV has acquired the Emera Alicante Residential Care Centre in Spain, planning to house 139 residents in 122 rooms by 2028, with an investment of around EUR 14.4 million. This acquisition strengthens the company's presence in the European healthcare real estate sector, following its ongoing strategy of investing in high-quality senior living facilities. By expanding its portfolio with modern, well-located care centres, Care Property Invest aims to meet the growing demand for residential care while ensuring stable long-term returns and supporting sustainable growth in its investment base.Read more

30 Dec 2025

India's USD 500-billion real estate market saw a second consecutive drop in new home sales volume in 2025, with a 14 per cent decline following last year's 4 per cent fall, mainly due to high prices affecting affordability. While volume fell, the value of sales grew because of price appreciation and a shift toward luxury homes. Affordable and mid-income housing faced limited supply. Commercial real estate and institutional investments surged, driven by office, retail, and warehousing demand. Developers and industry bodies expect 2026 to show calibrated growth supported by economic stability, lower interest rates, and potential policy support.Read more

30 Dec 2025

The Department of Town and Country Planning in Gurugram has initiated enforcement action against Sewa Corporate Park on MG Road for alleged unauthorised subdivision and sale of commercial units. Officials said the project had approvals for change of land use and occupation but was later split into shops and offices without the mandatory licence under state planning laws. A show-cause notice has been issued, and registrations of further sale deeds have been halted. Authorities are reviewing executed sale deeds to assess the extent of violations, while the municipal corporation may take separate action for breach of land-use conditions. The move reflects stricter enforcement to curb unauthorised commercial development and safeguard buyer interests.Read more