17 Nov 2025

The Greater Mohali Area Development Authority (GMADA) has launched a process to reassess reserve prices of unsold residential, commercial, institutional, and industrial sites that failed to attract buyers in consecutive auctions. The authority will appoint three independent valuers for each site, selecting professionals empanelled with nationalised banks or the income-tax department. Recent auctions showed selective demand, with some plots exceeding reserve prices while many others remained unsold. This move aims to align pricing with current market trends, improve transparency, and make properties more appealing to potential buyers.Read more

Mr. Mihir Lunia - Spokesperson, Brego Business

16 Nov 2025

Once known merely as a weekend retreat between Mumbai and Pune, Karjat has gradually transformed into one of Maharashtra's most sought-after wellness destinations. Surrounded by lush greenery, rivers, and rolling hills, the region now offers a lifestyle focused on health, sustainability, and tranquillity. Improved connectivity through suburban rail expansion, expressways, and proximity to major infrastructure projects has further fuelled demand for residential and plotted developments. The rising interest among professionals, retirees, and NRIs underscores Karjat's growing reputation as a wellness hub promoting balanced living and mindful community development.Read more

16 Nov 2025

Actor Saira Banu Khan has formally settled her long-standing property dispute with Mumbai builder Sameer Bhojwani, leading the Economic Offences Wing (EOW) to close the cheating and forgery case filed in 2018. The dispute involved a 2,412 sq yd plot in Bandra's Pali Hill area, near her residence. Banu stated in an affidavit submitted in 2022 that the matter stemmed from misunderstandings and had been amicably resolved. Following her statement, the EOW filed a closure report that was accepted by a magistrate. Another unrelated case against Bhojwani remains pending.Read more

16 Nov 2025

An auction held this past week in Mumbai for 11 properties belonging to fugitive gangster Dawood Ibrahim saw no bidders turning up. The Income Tax Department had organised the sale to recover part of Dawood's pending tax dues, estimated at around INR 45 crore. The properties, located mainly in south Mumbai's Nagpada and Mohammed Ali Road areas, carried a combined reserve price of INR 1.2 crore and an assessed value of nearly INR 5 crore. Officials have indicated that the properties will be re-auctioned within a year.Read more

15 Nov 2025

The Bhendi Bazaar Redevelopment Project, driven by the Saifee Burhani Upliftment Trust (SBUT), has transformed one of Mumbai's most congested localities into a modern, child-friendly environment. Families who once lived in cramped, poorly ventilated homes now occupy spacious, well-lit apartments equipped with private bathrooms and modern facilities. The project has also introduced green spaces, recreational podiums, and widened streets, prioritising safety, walkability, and access to play areas. This large-scale initiative has redefined what urban childhood can look like safe, healthy, and full of opportunity.Read more

Mr. Chintan Sheth, Chairman and Managing Director, Sheth Realty

15 Nov 2025

Mulund, long known as Mumbai's green suburb, is now emerging as a model for new-age homebuyers seeking lifestyle-driven homes. The area's growing popularity among young professionals, first-time buyers, and families has shifted developers' focus from conventional layouts to flexible, community-centred living. Enhanced connectivity through Metro Lines 4 and 5, the Goregaon-Mulund Link Road, and the Eastern Express Highway has reinforced its position as one of Mumbai's most desirable and well-connected residential destinations. The demand for spacious multi-bedroom homes reflects the changing aspirations of today's urban buyers.Read more

15 Nov 2025

The New Town Kolkata Development Authority (NKDA) has issued legal notices to 13 homeowners for running commercial establishments such as guest houses, restaurants, private offices, kitchens, and pre-schools without proper approvals. Officials pointed out that several of these properties posed serious fire hazards and involved modifications to sanctioned building plans. This action follows earlier notices to other property owners and reflects NKD's effort to enforce zoning and building regulations. Authorities have warned that further violations could lead to fines, closure, or revocation of occupancy certificates.Read more

14 Nov 2025

Ashtech Group, known for construction materials and infrastructure projects, is entering real estate with a luxury housing development in Greater Noida valued at INR 1,800 crore. The project will be built on a 5.6-acre plot acquired for INR 300 crore. Leveraging its experience in fly ash bricks, RMC, AAC blocks, and large-scale infrastructure, the company plans to launch the first phase soon. After reporting a turnover of INR 500 crore last fiscal, Ashtech aims to expand its property portfolio amid a strong post-pandemic real estate market with rising prices and land costs.Read more

14 Nov 2025

Bengaluru East City Corporation (BECC) is set to begin inspections of unauthorised paying guest accommodations (PGs) and hostels from 12?November. A report revealed that out of 1,452 PGs in the BECC area, many operate without trade licences or fail to meet fire and hygiene standards. Health officers will act as nodal supervisors for zone-wise inspection teams, checking compliance with residential zoning rules under the Greater Bengaluru Authority Act, 2024. The drive aims to ensure safety, proper licencing, and responsible operation of shared-living establishments.Read more

14 Nov 2025

Dubai's ultra-luxury real estate market is witnessing a fresh approach with fam Properties' AED3 billion Nordic by fam portfolio, which introduces a build-first strategy rather than relying on off-plan sales. The concept, centred on Scandinavian minimalism, craftsmanship, and understated design, aims to set a new benchmark in Dubai's high-end housing landscape. With the first two villas already sold and several more under development across Al Wasl and Meydan, the initiative reflects a shift towards simplicity and tangible value in a market that has seen over AED140 billion worth of ultra-luxury launches in five years.Read more

14 Nov 2025

The Karnataka Real Estate Regulatory Authority has ruled that the Bangalore Development Authority (BDA) must be treated as a promoter under RERA and must register the Nadaprabhu Kempegowda Layout within two weeks. The order follows complaints from allottees who paid in full years ago but are still waiting for plots that lack basic amenities such as roads, water, sewerage, drainage and electricity. Buyers also said the BDA collected excess advance payments and took full amounts before development, violating RERA norms. Although the BDA argued it is a statutory planning body, the regulator held that any public authority selling developed plots is a promoter under the law.Read more

14 Nov 2025

Home prices in the UK climbed once again this month, with the average property now costing GBP 299,862 after a 0.6 % monthly rise, the strongest since January. Annual growth reached 1.9 %, beating forecasts. Despite the increase, affordability remains a concern even as more mortgages are being approved. Regional variations were notable: prices slipped in London but surged by 8 % in Northern Ireland. The market appears to be holding up well despite looming tax-policy changes and rate-cut speculation.Read more

13 Nov 2025

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved six new real estate projects across five districts of the state, involving a total proposed investment of around INR 863.94 crore. The projects, located in Bareilly, Kanpur Nagar, Noida, Lucknow, and Varanasi, will collectively add nearly 1,470 residential and commercial units. Most of these are residential developments, while the projects in Lucknow and Noida are commercial. The initiative is expected to generate local employment and stimulate growth in allied industries.Read more

13 Nov 2025

Home sales across the Greater Toronto Area dropped to a four-month low earlier this week as economic uncertainty and cautious buyer sentiment weighed on the market. Seasonally adjusted transactions declined by 2.3 % from the previous month, while the region's home price index edged up by 0.2 % month-on-month. Despite the marginal price recovery, overall prices remained nearly 5 % below the figures recorded a year earlier. An increase in new listings by 2.7 % year-on-year indicated improving supply conditions but limited buyer confidence.Read more

13 Nov 2025

The Supreme Court of India has directed the formation of a one-member independent committee to examine a long-pending housing project in Greater Noida, near Delhi. The project, allotted in 2004 to Golf Course Sahkari Awas Samiti (earlier JP Greens Employees Sahkari Awas Samiti) by the Greater Noida Industrial Development Authority (GNIDA), has left hundreds of allottees waiting nearly two decades. A former judge of the Allahabad High Court has been appointed to head the committee, which must report within four months. The panel is tasked with identifying genuine allottees, restoring the lease where possible, and charting a time-bound completion strategy.Read more

13 Nov 2025

Emaar India is investing INR 1,600 crore to develop Serenity Hills, a luxury residential project in Gurugram, reflecting strong demand for high-end housing. The first phase will have 997 apartments across seven towers on 15 acres, with construction expected to start soon and completion in five years. Unit prices range from INR 3 crore to INR 5.7 crore. Designed with quality, greenery, and sustainability in mind, the project is part of Emaar India's 12.5 million sq ft portfolio. The company is also exploring strategic partnerships with major Indian business houses.Read more

13 Nov 2025

VK Paul, NITI Aayog member, called for a collaborative effort between the government and private sector to develop an affordable home care model for seniors. He suggested combining traditional medicine with telemedicine and technology for comprehensive care at home, including sensitivity to women's health. Affordability was highlighted as a key principle. Union Health Secretary Punya Salila Srivastava noted the government's goal to create a predictive and preventive health system by 2047 and cited PM-JAY, which has facilitated over 10.5 crore hospitalisations so far.Read more

13 Nov 2025

Magicbricks has reported a steady increase in interest for residential properties in hill stations, with searches on its platform rising notably during the past quarter. Ooty, Rishikesh, and Dharamshala saw the strongest growth in user activity, while Dehradun, Manali, and Mussoorie recorded significant hikes in quoted property prices. Despite a marginal dip in listings, demand remained robust, particularly within the INR 30 lakh-INR 1 crore range.Read more