08 Apr 2026

Arvind SmartSpaces Ltd has entered into a partnership with Sigma Oxford Realtors to jointly develop a residential high-rise project in Goregaon West, Mumbai, with an estimated revenue potential of INR 2,400 crore. The redevelopment project, located in Siddharth Nagar, will offer a total saleable carpet area of around 0.67 million sq ft. The collaboration marks a continued expansion of Arvind SmartSpaces in the Mumbai Metropolitan Region, where it already maintains a presence alongside its core markets in Gujarat and Pune. The project is structured as a joint redevelopment initiative, reflecting ongoing activity in urban renewal-led housing supply within established residential micro-markets of Mumbai.Read more

Mumbai News Desk

08 Apr 2026

Shreya Ghoshal and her parents have purchased a premium apartment in Mumbai's Worli for INR 29.70 crore. The unit is located in the Godrej Trilogy project and offers a carpet area of around 2,430 sq ft along with three parking spaces. The deal was registered recently and involved a stamp duty payment of about INR 1.78 crore. The transaction reflects steady demand for luxury housing in Worli, which continues to attract high-net-worth buyers due to its central location and connectivity.Read more

Noida News Desk

08 Apr 2026

The Yamuna Expressway Industrial Development Authority has introduced a residential plot scheme offering 973 plots near the Noida International Airport. Located in key sectors along the Yamuna Expressway, the scheme includes multiple plot sizes aimed at end-users and mid-income buyers. Priced at around INR 35,000 per sq metre, the plots will be allotted through a computerised draw. The launch follows regulatory approvals and comes amid rising demand in the corridor, supported by infrastructure developments such as the airport, logistics hubs, and planned urban projects.Read more

08 Apr 2026

TDI Infratech has partnered with DC Group to develop a 150-acre integrated township in Ludhiana, marking its entry into the city with an estimated investment of INR 750 crore. The project will span over 6 million sq ft of developable area and will include luxury group housing, plotted developments and low-rise independent floors aimed at both end-users and long-term investors. The development reflects continued interest in Punjab's residential market, driven by industrial activity and non-resident Indian demand. This will be TDI Infratech's fourth township in the state, following projects in Chandigarh, Rajpura and Mohali. The company highlighted that the project comes after it achieved a debt-free position in 2025, signalling renewed expansion activity in North India.Read more

08 Apr 2026

RPS Group has announced an investment of INR 110 crore to develop a plotted township project, RPS Azalea, in Sector 29, Bahadurgarh. Spread across 19.79 acres under the Deen Dayal Jan Awas Yojana, the project will offer residential plots ranging from 125 to 180 square yards. It will also include a 2-acre clubhouse with lifestyle amenities. The development is expected to be completed in 2027 and will benefit from strong connectivity to Delhi and nearby industrial hubs, supporting rising housing demand in the area.Read more

08 Apr 2026

Gujarat's real estate sector has seen a slowdown in new project registrations, with numbers dropping to the lowest level since the pandemic-affected period. Around 1,610 projects were registered in the last financial year, reflecting a decline after strong post-Covid supply growth. Developers have slowed new launches as many existing projects are still under construction and inventory remains in certain segments. Key cities such as Ahmedabad, Surat and Vadodara continue to dominate activity, while policy changes and infrastructure development are expected to support gradual recovery in the coming period.Read more

07 Apr 2026

Shubhashish Homes, part of JK Jajoo Ventures, recorded strong growth in FY 25-26 with pre-sales reaching INR 423 crore, nearly double the INR 211 crore achieved in the previous year. The company has set a target of INR 850 crore for the next financial year, backed by expansion plans and a strong project pipeline. It also introduced a new brand identity, Sa & The House of Shubhashish With projects across multiple cities and a growing development pipeline, the company is aiming to strengthen its presence in both existing and new markets.Read more

07 Apr 2026

Bengaluru's planning authority has proposed increasing the permissible deviation in building plans from 5% to 15% to help property owners facing issues in obtaining occupancy certificates. The draft amendment aims to regularise minor construction deviations through payment of compounding fees while ensuring safety norms are maintained. The move is expected to benefit a large number of buildings currently considered non-compliant. Public feedback has been invited, with suggestions open until April 30, after which the revised rules are likely to be finalised and implemented.Read more

07 Apr 2026

Vietnam is considering a set of measures to stabilise its stock market after a sharp decline triggered by global geopolitical tensions linked to the Iran conflict. Proposals include setting up a government-backed stabilisation fund, easing share buyback rules, tightening trading limits, and managing media messaging. Authorities have been directed to review these recommendations, which also aim to support the real estate sector and secure a potential market upgrade by FTSE Russell. The moves come as investor sentiment weakens and the benchmark index records one of the steepest falls in Asia.Read more

07 Apr 2026

The Punjab and Haryana High Court has stayed Haryana's stilt-plus-4 housing policy due to concerns over inadequate infrastructure in residential areas. The policy, aimed at increasing housing supply, allowed four floors above stilt parking. However, petitions highlighted narrow internal roads, congestion, and pressure on civic services. A court-appointed panel found that actual road widths in several areas were much lower than planned standards. The court has paused the policy until further review, indicating a closer examination of urban planning and implementation gaps.Read more

07 Apr 2026

PNB Housing Finance has reported an additional INR 933 crore in bad loans after a review by the National Housing Bank. The divergence relates to FY23 and is linked to loan restructuring that did not fully meet regulatory norms. This has increased gross NPAs to over INR 3,200 crore. The issue involves two project loans where interest rates were reduced. One loan has been repaid and the other remains standard. The company stated that the disclosure has no immediate financial impact.Read more

06 Apr 2026

The Uttar Pradesh government's Chief Minister Rural Housing Scheme has covered over 19,000 beneficiaries across the Gorakhpur division, with more than 17,000 families already shifting into completed pucca houses. Implemented to support households excluded from the Pradhan Mantri Awas Yojana Gramin (PMAY-G), the scheme has seen an expenditure of around INR 219 crore so far. Beneficiaries receive financial assistance of INR 1.2 lakh for house construction, along with additional support for sanitation, electricity, and LPG connections. The programme prioritises vulnerable communities and disaster-affected families across four districts in the division. Parallel progress under PMAY-G has also contributed to large-scale rural housing delivery in the region.Read more

06 Apr 2026

The Lucknow Development Authority has started a city-wide door-to-door verification drive to update records of residential and commercial properties under its schemes. The initiative aims to fix outdated or missing documentation, reduce fraud and improve property record management. Survey teams will collect ownership details, ID proofs and contact information to align official data with actual occupancy. This move supports the digitisation of property records, making processes like ownership verification, transfers and grievance handling more efficient. The exercise also reflects a broader push to improve transparency, strengthen governance and minimise disputes in Lucknow's real estate market.Read more

06 Apr 2026

Prestige Estates Projects Ltd has launched a large-scale residential project, Prestige Golden Grove, in Tellapur, Hyderabad, with an estimated revenue potential exceeding INR 9,500 crore. Spread across 28.6 acres, the development will comprise 5,120 housing units with a total saleable area of 10.36 million sq ft. The project caters to mid- to upper-segment buyers, with ticket sizes ranging between INR 1 crore and INR 3 crore. The launch forms part of the company's ongoing expansion strategy in Hyderabad, a market it identifies as demonstrating sustained housing demand supported by infrastructure growth and economic activity.Read more

06 Apr 2026

The Haryana Real Estate Regulatory Authority (HRERA) has dismissed a complaint by Sunrays Heights Pvt Ltd against homebuyers over alleged payment defaults in its Gurugram project. The developer had sought recovery of dues with interest, but the authority ruled that such disputes must be handled as per builder-buyer agreements, not through regulatory intervention. HRERA clarified that payment-related issues are contractual matters and should be resolved through appropriate legal channels. The decision reinforces the role of agreements in real estate transactions and highlights that RERA's mandate is focused on regulation and compliance, not dispute recovery for developers.Read more

06 Apr 2026

The National Company Law Appellate Tribunal has rejected a plea by Raheja Developers to terminate insolvency proceedings for its Raheja Shilas project in Gurugram, stating that disputes with homebuyers remain unresolved. The tribunal held that withdrawal of the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code can only be permitted after a complete settlement between parties. Over 40 homebuyers had initiated the insolvency proceedings, objecting to closure despite claims of possession being handed over. The tribunal has limited the CIRP to the specific project while allowing creditors related to other developments to pursue independent legal action.Read more