15 Dec 2025

Jaypee Infratech Limited has received Occupancy Certificates for five more towers at its Kensington Boulevard Apartments project in New Delhi, covering 423 residential units. With this approval, the developer has now secured certificates for 31 towers comprising 3,135 homes, marking steady progress in project delivery. Applications have also been submitted for 11 additional towers with over 1,000 units, with approvals expected soon. The company said it remains focused on meeting timelines outlined in its resolution plan and fulfilling homebuyer commitments. Under the current management, construction activity has accelerated, with tenders awarded for all remaining towers and work progressing to enable timely handovers.Read more

15 Dec 2025

The Airports Authority of India’s high-frequency radar at Dahisar in Mumbai will be relocated to Gorai, a move set to free up around 1,000 acres of land across 6 km for affordable housing projects. The decision, agreed upon by the Civil Aviation Ministry, Maharashtra government, and other stakeholders, aims to overcome building height restrictions imposed by radar installations in Dahisar and Juhu. Over the next five years, an estimated 50,000 homes are expected to be constructed or redeveloped, improving housing availability, urban infrastructure, and employment opportunities in North Mumbai.Read more

15 Dec 2025

Godrej Properties has recorded housing sales bookings of over INR 2,600 crore in Hyderabad within its first calendar year of operations, marking a strong entry into the city's residential market. The developer launched its first project in Kokapet earlier this year, followed by a second residential development, both of which saw healthy demand for premium and luxury homes. The company sees Hyderabad as a high-growth market backed by stable regulations, infrastructure expansion and steady end-user demand. Godrej Properties plans to scale operations further, backed by new land acquisitions in Kokapet and Kukatpally, strengthening its long-term residential pipeline in the city.Read more

15 Dec 2025

Dubai's residential property market is expected to remain on a growth path through 2026, supported by strong population inflows and limited availability of completed homes. While off-plan prices are likely to see steady, moderate gains, the secondary market is set to outperform due to tight supply in established locations such as Dubai Marina, Business Bay and JLT. Rising expatriate arrivals, stable economic growth and investor-friendly visa policies continue to drive housing demand. Infrastructure upgrades, low inflation and healthy rental yields are further strengthening buyer confidence. Despite new supply planned over the next two years, demand is expected to outpace additions, sustaining price momentum across key residential markets.Read more

15 Dec 2025

Satya Group, in partnership with Maple Group, has announced a new luxury residential project in Gurugram, named Levante Residences. Spread over 5 acres in Sector 104 along Dwarka Expressway, the development will feature three towers comprising 488 units. The project involves an investment of around INR 1,600 crore for land and construction, with expected sales revenue of INR 2,000 crore. Satya Group has previously developed 12 million sq ft across major cities including Delhi, Gurugram, Noida, Bengaluru, Goa, Indore, Bhatinda, and Patiala, while Maple Group has delivered over 50 million sq ft of residential, commercial, and hotel projects in the NCR.Read more

15 Dec 2025

The NCLT has approved separating CHD Vann from the insolvency case of CHD Developers, giving landowner Roots Developers full control to revive the long-delayed housing project in Gurugram’s Sector 71. Launched in 2014, the 10-acre project includes 569 units but stalled after CHD Developers entered insolvency, leaving buyers waiting for over a decade. Under a settlement with Edelweiss ARC, Roots will pay INR 22.9 crore to clear claims and take over all rights to the project. The developer plans to finish construction, deliver homes to existing allottees and sell remaining units to fund completion. The move offers relief to buyers and supports revival of stalled projects in the region.Read more

15 Dec 2025

Realia Business SA has awarded a construction contract valued at 15.3 million EUR to FCC Construccion for the development of 47 residential units in Tres Cantos, Madrid. The contract, approved by Realia’s board, reflects the company’s ongoing focus on expanding its housing portfolio in strategic locations around the Spanish capital. FCC Construccion, a leading construction firm, will manage the entire development. This collaboration underscores Realia’s commitment to timely and high-quality project execution, meeting growing residential demand in the region while leveraging the technical expertise of an experienced construction partner.Read more

15 Dec 2025

Bhumika Group has launched The Icon, a large mixed-use real estate project in Faridabad with an investment of INR 700 crore. The development will include premium residential homes along with commercial spaces, with total sales potential estimated at around INR 1,500 crore. All housing units will be launched in the first phase, while a hotel tower with serviced suites will be added later, strengthening the project’s hospitality component. Planned for completion over a little more than four years, the project is located on a key growth corridor with improving NCR connectivity. The launch aligns with Bhumika Group’s broader investment plans in Faridabad, where it is expanding its presence through retail hubs and integrated township developments.Read more

14 Dec 2025

Britain’s housing market has slowed following the recent budget, with RICS reporting new buyer enquiries dropping to -32% in November, the weakest level since September 2023. Much of the survey was completed after the government announced a planned annual tax on homes worth over £2 million, set to begin in April 2028. While the high threshold limits immediate impact, leaked budget details also dampened activity. RICS noted the market has struggled for momentum due to affordability pressures and high borrowing costs. House price readings improved slightly to -16%, suggesting moderate adjustments. Overall, demand remains cautious, especially for high-value properties.Read more

14 Dec 2025

The Department of Town and Country Planning (DTCP) in Gurugram carried out a major enforcement drive earlier this week against unauthorised colonies developing close to the KMP Expressway. Officials cleared illegal plotting across nearly 8.3 acres in the Sultanpur revenue area by removing DPC structures, internal roads, boundary walls and a dealer office used to mislead buyers. The department also acted on a citizen complaint to demolish an unauthorised shop inside a Sector 50 housing society. The recent action reflects DTCP's ongoing efforts to check unapproved development along high-demand corridors.Read more

14 Dec 2025

Canada saw a slight increase in its household debt-to-income levels in the past quarter, reflecting the continued pressure on families from borrowing costs and slower income growth. The debt-to-income ratio inched up to 174.8%, indicating that households owed nearly 1.75 times their disposable income. National net worth recorded a modest rise to about CAD 19.38 trillion, although per capita net worth dipped to around CAD 462,747. These movements highlight ongoing financial strain on individual households despite overall national balance sheets remaining stable.Read more

14 Dec 2025

Casagrand has made its international debut with the launch of Casagrand Hermina, a USD 120 million luxury residential project in Dubai Islands. The Chennai-based developer plans to build around 6 million sq ft of premium homes and mixed-use spaces across the UAE over the next three years. Casagrand Hermina will offer 131 upscale residences in a waterfront district, featuring spacious layouts, private pools, jacuzzis and modern design elements. The project is located in Dubai Islands, a key focus area under the Dubai 2040 Plan, with strong future connectivity and lifestyle infrastructure. The launch marks Casagrand's first step toward building a long-term global presence.Read more

14 Dec 2025

The Punjab and Haryana High Court has overturned the Chandigarh Housing Board's rejection of jhuggi dwellers & applications under the Chandigarh Small Flats Scheme, 2006. The court observed that applicants were denied an opportunity to be heard and notices were not issued, violating natural justice. It directed the administration and housing board to re-examine these applications and pass a reasoned decision within two months. The ruling reinforces the right to housing under Article 21 and ensures that dwellers who previously faced procedural lapses receive fair consideration for rehabilitation in Chandigarh.Read more

14 Dec 2025

The Maharashtra government has ordered an inquiry into repair tenders for nearly 16,000 old cessed buildings in South Mumbai after bids were found to be 100-140% below estimated costs. Lawmakers warned that such unusually low bids could let contractors illegally add floors and profit from selling flats. Additional Chief Secretary Aseem Gupta will review the contracts, with the state confirming that any violations will lead to cancellations. The legislator also urged lifting the stay on amendments to Section 79A of the MHADA Act, which would let authorities acquire unsafe buildings. The issue is critical as many pre-1969 structures face structural risks ahead of the monsoon.Read more

14 Dec 2025

Berkeley recorded a 7.7% decline in pre-tax profit for the first half of its fiscal year, reaching USD 338 million, while home deliveries fell to 2,022 units at an average price of £570,000. The drop was influenced by high borrowing costs, cautious buyer sentiment, and new luxury home taxes. Despite these challenges, the company retained its annual guidance of £450 million and outlined plans to launch a build-to-rent platform in 2026, indicating confidence in London’s long-term housing demand and strategies to diversify revenue streams.Read more

13 Dec 2025

In Vadodara, the planned draw for 2,700 houses under the Pradhan Mantri Awas Yojana was postponed by a day, prompting beneficiaries to protest at the Sir Sayajirao Nagargruh town hall. Although the Vadodara Municipal Corporation said it sent multiple messages about the postponement, many applicants claimed they did not receive or see these alerts. Some had taken leave from work and were worried about losing wages if they had to return for the rescheduled draw. The protests highlight ongoing concerns about communication and delays in housing allotments.Read more

13 Dec 2025

Telangana has unveiled an ambitious long-term housing plan that aims to create a steady supply of affordable homes through a public-private partnership (PPP) model by 2047. The initiative invites private developers to work with state agencies to design, build and maintain housing for lower and middle-income families. By combining public land with private capital and expertise, the state hopes to overcome funding delays and speed up delivery. The extended timeline allows phased development aligned with urban growth, infrastructure upgrades and changing housing needs. The plan focuses on providing affordable, well-connected and amenity-rich homes, encouraging developers to deliver quality housing through efficient design and scale.Read more

13 Dec 2025

The Enforcement Directorate has raided six locations of Bhuvan Teza Infra in Hyderabad over money-laundering linked to pre-launch Happy Homes flats at Shamirpet. Around INR 80 crore was collected from nearly 300 buyers between 2020 and 2023 without delivery of flats or refunds. TG RERA had earlier penalised the company, declared it a defaulter, and ordered refunds with 11% interest. The director and two employees were arrested in 2024. The case highlights financial, regulatory, and legal accountability in Telangana's real estate sector.Read more