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21 Oct 2025
New Zealand's central bank will relax mortgage LVR rules from December, allowing banks to lend a higher proportion of loans to buyers with deposits under 20%. Acting Assistant Governor Angus McGregor highlighted that the move will improve credit access, especially for first-time homebuyers, while supporting market efficiency. House prices are now roughly 16% below their 2021 peak, with moderate lending growth and limited high-risk lending. Debt-to-income restrictions introduced last year will remain, helping maintain borrower resilience and moderating the potential impact of future housing market adjustments.Read more
20 Oct 2025
The National Real Estate Development Council (NAREDCO) has announced its new leadership, appointing Parveen Jain as President and Niranjan Hiranandani as Chairman. Jain, the founder and Managing Director of Tulip Infratech, assumes the role for the second time after previously serving from 2015 to 2017. He highlighted NAREDCO's commitment to transparency, progressive policy reforms, and sustainable growth aligned with India's economic priorities. Hiranandani, Co-Founder and Managing Director of the Hiranandani Group, expressed confidence in Jain's leadership, emphasizing NAREDCO's ongoing role in strengthening collaboration between the government and real estate developers while supporting industry credibility and national development objectives.Read more
20 Oct 2025
Shapoorji Pallonji Real Estate (SPRE) has partnered with Fortis Memorial Research Institute (FMRI) to provide comprehensive healthcare services to residents of its Gurugram projects, Joyville Gurugram and The Dualis. SPRE will supply infrastructure while FMRI will handle medical centres, staffing, and equipment. Residents will receive a range of complimentary services including vitals monitoring, first aid, injections, dressings, and fortnightly internal medicine consultations, along with discounts on diagnostics, health check-ups, and IPD services at Fortis Gurugram. Emergency ambulance support is also included, reflecting SPRE's commitment to integrating healthcare into community living.Read more
20 Oct 2025
South Korea has imposed stricter mortgage limits on first-time buyers in Seoul and nearby areas due to rising apartment prices. Borrowing is now limited to 40% of a property's value, down from 70%, and the maximum loan is capped at 600 million won (around USD 421,000), regardless of income. These are the third set of restrictions since President Lee Jae Myung took office, targeting worsening affordability in the capital. With a price-to-income ratio of 21.3, Seoul now surpasses London and Sydney, highlighting the pressing challenges for new buyers in the city.Read more
20 Oct 2025
The Fourth Mumbai initiative by the Maharashtra government is transforming urban development beyond central Mumbai, positioning Vasai as a key beneficiary. Major infrastructure projects like the Vasai-Virar elevated corridor, Metro Line 13, and the Vasai-Diva-Panvel railway extension are improving connectivity and easing travel to Mumbai and the upcoming Navi Mumbai International Airport. Alongside road upgrades, high-speed rail proposals, and port development, Vasai is attracting private real estate investments. Strategic planning, upgraded civic amenities, and industrial facilities are helping the suburb evolve into a sustainable economic, residential, and commercial hub.Read more
20 Oct 2025
Goregaon is emerging as one of Mumbai's most dynamic real estate hubs, driven by cluster redevelopment projects that go beyond traditional building upgrades. Modern 2BHK and 3BHK apartments, lifestyle amenities, and preserved green spaces are reshaping the suburb for young families, working professionals, and investors. Improved connectivity through extended railway lines, metro expansions, and new link roads enhances accessibility and property value. Integrating residential, social, and commercial infrastructure, these projects embody holistic urban renewal, balancing growth with lifestyle convenience and retaining the area's unique film industry heritage.Read more
20 Oct 2025
Rustomjee Group (Keystone Realtors Ltd.) has launched special festive offers across its luxury and premium residential projects in the Mumbai Metropolitan Region, allowing homebuyers to book by paying just 20% upfront. The remaining amount is linked to construction milestones through flexible plans like 20-80 and 20-30-50, easing financial pressure on buyers. Dr. Rakesh Setia, President of Sales, Marketing and CRM, said the initiative aligns with festive optimism and long-term investment goals. Early buyer response has been positive, reflecting growing confidence in Rustomjee's transparent and customer-focused approach. The limited-time offer aims to make homeownership more accessible and stress-free this festive season.Read more
19 Oct 2025
Mumbai's ever-evolving skyline mirrors its unyielding ambition, yet behind the glitz lies a real estate sector grappling with financial unpredictability, policy instability, and bureaucratic hurdles. Despite contributing significantly to India's GDP, developers face higher borrowing rates, fluctuating premiums, and prolonged approval processes. Experts have urged the formal recognition of real estate as an industry, alongside regulatory stability, transparent approvals, and full digitisation to ensure investor confidence and market reliability in the long run.Read more
19 Oct 2025
The South Goa District Administration appealed to people to notify municipal or block development offices about visibly deteriorating or structurally weak buildings to prevent risk to life and property. The collector stressed that owners bear primary responsibility for maintenance and warned against inhabiting such premises. In emergencies, residents were directed to contact the Collectorate's control room. The move underscores growing concern over building safety in the region and aims to promote proactive citizen vigilance.Read more
19 Oct 2025
Signature Global (India) Ltd., a prominent real estate developer, expanded its global outreach through an exclusive showcase held in New Jersey earlier this week. The event, led by Director Bharti Aggarwal, brought together Non-Resident Indian (NRI) investors and customers, presenting Signature Global's flagship Gurugram projects. The session aimed to strengthen engagement with overseas homebuyers, reflecting the company's commitment to design excellence, transparency, and sustainable development.Read more
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19 Oct 2025
Omaxe Limited has received a three-year extension from the Patiala Development Authority (PDA) to complete its integrated township at Baran village, Patiala, following the return of 60 acres of land to the government. The township, launched under a public-private partnership in 2006, faced a 13-14 year-long dispute after the developer received a termination notice in 2011 for non-compliance. Around 500 allottees had already built homes. The extension allows Omaxe to resume development and maintenance, ensuring better amenities and services for residents.Read more
19 Oct 2025
Max Estates Limited, a leading developer based in the NCR, has secured a dual 5-star rating in the 2025 Global Real Estate Sustainability Benchmark (GRESB), scoring a perfect 100 in the Development category and 92 in Standing Investments. The company ranked first globally among its peers, placing it within the top 20 per cent of real estate entities worldwide for its Environmental, Social and Governance (ESG) performance, anchored in its LiveWell and WorkWell philosophy.Read more
19 Oct 2025
Mumbai-based developer Aspect Realty is set to deliver more than 600 flats under the Slum Rehabilitation Authority (SRA) project in Worli by January next year. The company had taken over the INR 450-crore project last year, which had been stalled for 17 years. Aspect Realty cleared all pending dues of the previous developer and restarted construction with fresh funding. Each 300 sq ft flat includes a living/dining area, kitchen, bedroom, and separate bath and toilet, and will come with a full set of essentials. The project offers long-awaited ownership and security to resident families.Read more
19 Oct 2025
Naigaon is steadily becoming a significant hub in Mumbai's northern corridor. Infrastructure projects such as the Bhayandar-Naigaon Creek Bridge, Metro Line 13, and the Virar-Alibaug Multi-Modal Corridor are improving connectivity within the city and beyond. Additional initiatives, including the Mumbai-Ahmedabad Bullet Train, Vadhavan Port, and a proposed greenfield airport, are linking the suburb to national and international trade and transport networks. Improved roads, railways, healthcare, and educational facilities are making daily life easier. Affordable housing and strong civic oversight make Naigaon an attractive option for families and investors.Read more
19 Oct 2025
The Bombay High Court recently dismissed a petition by a member of a Goregaon (West) housing society challenging the appointment of a developer without following a tender process. The court clarified that the guidelines in the July 2019 government resolution (GR) are directory, not mandatory. The society's majority decision, supervised by an authorized officer, was upheld, reinforcing that procedural lapses alone do not invalidate redevelopment unless they violate statutory requirements. The ruling also emphasized cluster redevelopment initiatives and the legal autonomy of housing societies in managing redevelopment projects.Read more
18 Oct 2025
M3M India plans to invest INR 2,100 crore to develop Jacob & Co.-branded ultra-luxury residences in Noida, marking the first housing project in India under the iconic global brand known for its high-jewellery watches. Spread over six acres, the development will offer 150 premium homes in the first phase and about 100 serviced ultra-luxury residences in the second, with prices ranging from INR 14 crore to INR 25 crore. M3M India expects revenue of INR 3,500 crore over three years, aiming to establish a new benchmark in India's ultra-luxury real estate segment.Read more
18 Oct 2025
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has recently sanctioned six new real estate projects worth INR 176.28 crore across six cities - Ayodhya, Noida, Jhansi, Moradabad, Lucknow, and Prayagraj. The move will enable the development of 501 residential and commercial units, reinforcing the Authority's efforts to expand regulated development beyond major metropolitan centres in the state.Read more
18 Oct 2025
Chandak Group has launched the second edition of its "Forever Homes Fiesta" campaign, reaffirming its focus on elegant, community-centric urban living. The campaign features five key residential projects - Highscape City in Chembur, Vansham in Vile Parle, Sarvam in Andheri, Treesourus in Malad, and GreenAiry in Borivali. Each development combines thoughtful design, modern amenities, and prime connectivity. Through immersive digital storytelling and on-ground experiences, the initiative highlights the idea of homes as nurturing sanctuaries. A limited-time "Spot Booking Offer" adds exclusive buyer incentives. With this campaign, Chandak Group strengthens its reputation for crafting vibrant, comfortable spaces that define contemporary living in Mumbai.Read more
18 Oct 2025
NeoLiv is set to develop a 62-acre township in Faridabad, Haryana, with an estimated gross development value of INR 2,300 crore. The project will primarily feature housing plots and villas to address the growing demand for residential properties in NCR. While the company has not disclosed the landowner's name, number of units, or total investment, this initiative marks NeoLiv's largest project in one of the region's fastest-growing areas. The developer is already active in the Mumbai Metropolitan Region and Sonipat, strengthening its residential portfolio across key cities.Read more
18 Oct 2025
Bengaluru's water board recently announced plans to make greywater recycling mandatory for all new residential buildings and independent houses. The proposed regulation will require separate treatment and reuse of wastewater from kitchens, bathrooms, and laundry areas, aiming to reduce the city's dependence on distant river sources and ease pressure on drainage systems. Officials believe this move will help improve groundwater recharge and promote sustainable water management across the city.Read more
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