01 Nov 2025

In a landmark judgment, the Telangana Real Estate Appellate Tribunal (TREAT) set aside a penalty imposed on Sanali Housing Projects Pvt. Ltd., ruling that the Telangana RERA Authority had exceeded its jurisdiction. The case, involving the Sanali Pinnacle project in Shaikpet, Hyderabad, arose from a dispute with the family of Mohammed Mushtaq, who had entered a joint development agreement with the developer. The Tribunal held that landowners in such projects are co-promoters under the RERA Act and therefore cannot file complaints as aggrieved parties. It also clarified that name boards or project listings without sales information do not constitute advertising. The INR 4.27 lakh penalty was quashed, and a refund ordered.Read more

01 Nov 2025

Hong Kong home prices rose 1.3% month-on-month, marking the sixth consecutive monthly gain and the strongest increase since March 2024, according to the Rating and Valuation Department. The property-price index has now turned positive for the year, up 1.1% since December. This follows a sharp 30% decline from the 2021 peak, driven by high mortgage rates and weak demand. Recent rate cuts by major banks and relaxed housing curbs have begun to stabilise the market. Analysts suggest prices may have reached a bottom, though recovery will hinge on further interest rate cuts and an easing of U.S.-China trade tensions.Read more

01 Nov 2025

M-SANVI Real Estate Pvt. Ltd., a Delhi-NCR-based property consultancy, launched its latest campaign, Ghar Sahi Milega Yahi, earlier this week. The initiative aims to bridge the trust gap between developers and buyers by offering reliable property guidance, digital consultations, and on-ground assistance in areas such as Uttam Nagar, Dwarka Mor, and Dwarka. Through the campaign, the company seeks to address issues like inflated prices and misleading listings while helping families find homes that align with their budgets and lifestyles.Read more

31 Oct 2025

Vaishnavi Group has announced a new luxury residential project in Bengaluru with an estimated gross development value of INR 1,200 crore. The project, named Vaishnavi AT-One Krishna Brindavan, spans 4.95 acres and will feature 359 upscale homes, with prices starting at INR 3.5 crore. While the company has not disclosed the overall project cost, it emphasized Bengaluru's growing appeal among high-net-worth individuals, driven by the city's strong business environment and premium lifestyle offerings.Read more

31 Oct 2025

The Thiruvananthapuram City Corporation has revived the long-delayed Poonkulam housing project, which had been stalled since 2008 due to financial constraints. Originally planned to deliver 120 houses under the BSUP scheme, only two floors were completed at a cost of INR 2.96 crore, with total expenses later estimated at INR 9 crore. The revised plan now targets 32 families, fully funded by the Corporation. Following a structural and stability audit by the College of Engineering, Thiruvananthapuram, a fresh tender will be issued. With an expected completion timeline of 18-24 months, the initiative aims to provide affordable housing and restore confidence in the city's ability to deliver long-pending BSUP projects.Read more

30 Oct 2025

Arvind SmartSpaces Ltd, a part of the Lalbhai Group, has entered the Vadodara residential market through a new joint development project valued at over INR 700 crore. The large-scale horizontal project marks the company's 23rd development in Gujarat, underscoring its focus on strengthening its state-wide presence. The company said the initiative aligns with its expansion strategy into high-potential markets, with further projects expected across Gujarat, Bengaluru, and the Mumbai Metropolitan Region amid a sustained positive outlook for India's real estate sector.Read more

30 Oct 2025

The National Company Law Appellate Tribunal (NCLAT) has held that genuine allottees of Today Homes Noida developer of the Ridge Residency project in Sector 135, Noida whose payments are recorded in the company's books cannot be denied claim rights simply because they applied after the 90-day window under the corporate insolvency resolution process (CIRP). The tribunal directed the successful resolution applicant to issue an addendum and include such late-filed claims within 30 days, treating them on par with other homebuyers in the same class. The earlier National Company Law Tribunal (NCLT) bench had dismissed these claims as time-barred.Read more

30 Oct 2025

Realty firm Shriram Properties Ltd has entered into a joint development agreement with a landowner to build a premium row-houses project on a 7-acre site in North Bengaluru, estimating a gross development value (GDV) of about INR 600 crore. The project is set to launch in the next financial year and is positioned in the Yelahanka area, near an upcoming biodiversity park. The company already has delivered 48 projects with 28.3 million sq ft of saleable area and maintains a pipeline of 39 projects totaling 36 million sq ft of development potential.Read more

29 Oct 2025

To improve affordable housing availability, the Haryana government has introduced a new housing policy mandating that private developers in licensed residential colonies reserve 20% of plots and 15% of flats for economically weaker sections (EWS). The rule covers both plotted and group-housing projects approved under the state's town and country planning framework. EWS plots will range from 50 sq m to 125 sq m, priced at INR 600 per sq m, while flats between 200 sq ft and 400 sq ft will be priced up to INR 1.5 lakh. The Housing for All department will now oversee allotments digitally, with a mandatory five-year lock-in to prevent early transfers.Read more

29 Oct 2025

Experion Developers has appointed Tata Projects as the main contractor for its luxury residential development, 'The Trillion', in Gurugram. The construction deal, valued at over INR 800 crore, forms part of a wider investment estimated at around INR 2,500 crore for the entire 25 lakh sq ft project. The company, a wholly owned subsidiary of Experion Holdings Pte Ltd, Singapore, is part of the AT Capital Group, which has a global footprint spanning real estate, renewable energy, structured credit, and public markets.Read more

29 Oct 2025

U.S. existing home sales reached a seven-month high in September, driven primarily by higher-priced properties. Mortgage rates fell to one-year lows, but demand for new purchase loans remains modest, with many homeowners refinancing instead. Inventory increased by 14%, offering buyers more choice, though levels are still below pre-pandemic norms. First-time buyers accounted for 30% of sales. Economic uncertainty, a cautious labor market, and government shutdown-related delays continue to limit broad-based growth. Affordability challenges persist, particularly for lower and middle-income households, shaping the housing market.Read more

29 Oct 2025

Sobha Ltd is preparing to introduce several new residential and commercial projects across key Indian markets to capitalise on sustained housing demand. The company, which currently holds unsold inventory worth around INR 13,000 crore, recorded significant sales growth in the recent quarter. With a pipeline of nearly 16 million sq ft for future launches and unrecognised revenue exceeding INR 18,000 crore, Sobha aims for strong pre-sales performance in the ongoing fiscal year.Read more

28 Oct 2025

The Rajasthan Real Estate Regulatory Authority (RERA) has extended the deadline for submitting quarterly progress reports (QPRs) for July-September 2025 to 30 November, instead of 31 October, without any penalty or delay charges. The decision follows technical issues reported on the upgraded RERA 2.0 online portal, which replaced the older system. Officials stated that the extension allows time to stabilise the new platform and ease compliance for developers. Under RERA rules, promoters must submit detailed online updates on project progress and finances. The move aims to reduce developer hardship, maintain transparency for homebuyers, and ensure a smooth digital transition in regulatory reporting.Read more

28 Oct 2025

The Lucknow Development Authority (LDA) has extended its festive discount offer on ready-to-move flats until early November, allowing homebuyers to avail direct price reductions ranging from INR 1 lakh to INR 2 lakh based on the unit cost. Nearly 589 flats have been booked so far, while more than 1,100 are still available. The flats, priced between INR 22 lakh and INR 1.08 crore, come in 1BHK, 2BHK, and 3BHK configurations across several housing projects. Buyers making full payments within 45-90 days can also avail additional discounts of 3-6 percent.Read more

28 Oct 2025

Pune's housing market witnessed a sharp rise in property activity during the past month, with registrations increasing by 23% year-on-year and stamp duty revenues reaching INR 523 crore, according to Knight Frank India. Over 1.45 lakh properties were registered in the first nine months of the year, marking the highest volume in four years. The shift in the festive calendar supported buyer sentiment, while the demand for larger homes and properties priced above INR 1 crore continued to strengthen across micro-markets led by Central Pune.Read more

28 Oct 2025

The Forum for People's Collective Efforts (FPCE) has urged the Ministry of Housing and Urban Affairs to amend the Real Estate (Regulation and Development) Act, 2016 (RERA), calling for measures to assess developers' past records before granting new project approvals. The association also sought provisions ensuring compensation for buyers if promised amenities are not delivered and demanded uniform refund rules for cancellations. FPCE's president Abhay Upadhyay stressed the need for stronger oversight and stricter enforcement to protect homebuyers from unscrupulous builders.Read more

28 Oct 2025

Bengaluru-based developer Puravankara Ltd's subsidiary, Starworth Infrastructure & Construction Ltd, has been awarded a contract worth INR 211.53 crore by SBR Builders for the construction of a new residential development. The project, named SBR Global Queen's Ville, involves core and shell construction along with finishing works. The company disclosed this development in a regulatory filing earlier this week, underscoring Puravankara's growing presence in India's residential real estate segment.Read more

28 Oct 2025

China's new home prices recorded their sharpest fall in nearly a year, dropping 0.4% month-on-month and 2.2% year-on-year, signalling deepening stress in the property sector. The decline has hurt consumer confidence and spending, prompting authorities to consider new stimulus measures such as lower mortgage rates and tax deductions. The sector's prolonged downturn since 2021, coupled with weak developer finances, has slowed economic growth. Among 70 surveyed cities, 63 reported monthly price drops. Despite policy easing and redevelopment efforts, recovery may take over a year. The 15th five-year plan, now under discussion, is expected to prioritise housing stability and long-term economic support.Read more

28 Oct 2025

In a significant move to enhance coordination between Mumbai's municipal administration and the real estate industry, leading associations including CREDAI-MCHI, NAREDCO, BDA, and PEATA held an extensive meeting with Municipal Commissioner Bhushan Gagrani. The discussion focused on addressing procedural hurdles and policy reforms, resulting in the announcement of a Real Estate Steering Committee to ensure regular engagement, faster decision-making, and transparent governance to bolster the city's development ecosystem.Read more

28 Oct 2025

Bhendi Bazaar witnessed a radiant transformation this Diwali as the Saifee Burhani Upliftment Trust (SBUT) led the redevelopment of the 16.5-acre precinct, symbolising renewal, inclusivity, and sustainability. The upgraded neighbourhood now features spacious homes with improved ventilation, wide roads, landscaped courtyards, and eco-friendly systems. Former tenants have returned as homeowners, celebrating dignity and stability in their revitalised surroundings. This redevelopment merges modern design with traditional values, standing as a model of how urban renewal can uplift communities while preserving their cultural essence.Read more