18 hours ago

UK homebuilder Vistry has appointed Adam Daniels as its new CEO with immediate effect, replacing Greg Fitzgerald, who stepped down after nine years. The leadership change comes as the company faces margin pressure and weak housing demand. Shares fell following the announcement, reflecting investor concerns. Vistry has warned that rising costs, planning delays and subdued demand will impact profitability through 2026. Daniels, a long-time executive, brings extensive industry experience. The company will continue to focus on cash generation, increasing open market sales and reducing inventory, as the broader UK housing sector remains under pressure.Read more

13 Apr 2026

U.S. mortgage rates fell slightly to 6.51% for the 30-year fixed-rate loan, the first decrease since the Iran conflict began, but the shift has not significantly improved conditions for buyers dealing with high costs and expensive homes. Refinancing declined, and purchase applications remain below last year's levels. Rising Treasury yields and increased fuel costs have added to financial pressure. Housing affordability remains a political focus, with the Trump Administration preparing a major policy announcement, building on earlier proposals to limit institutional home purchases and boost mortgage-backed securities purchases to lower borrowing rates.Read more

13 Apr 2026

The National Company Law Appellate Tribunal (NCLAT) has adjourned the hearing on Vedanta Ltd's challenge to Adani Enterprises INR 14,535 crore bid for Jaiprakash Associates Ltd (JAL), due to a change in bench composition. Vedanta has filed appeals against the NCLT's approval of the resolution plan under the Insolvency and Bankruptcy Code. Earlier, both the NCLAT and the Supreme Court declined to stay the process, though the outcome remains subject to final rulings. The Supreme Court also directed that key decisions by the monitoring committee require tribunal approval. The case is closely watched given JAL's significant role in India's real estate and infrastructure sectors.Read more

13 Apr 2026

Hawelia Group has secured approval from the Uttar Pradesh Real Estate Regulatory Authority to take over and complete the stalled Shri Radha Sky Gardens project in Greater Noida. The developer plans to invest INR 770 crore to deliver 2,064 residential units across the 22-acre project, benefiting over 2,000 homebuyers affected by long delays. The project, originally developed by SJP Infracon, is expected to be completed within 42-48 months. Backed by funding from the Washington State Investment Board, the revival follows regulatory clearances, including approval from the Greater Noida Authority and execution of a joint development agreement.Read more

13 Apr 2026

Britain's housing market cooled last month as the Iran conflict and rising mortgage rates reduced buyer interest, according to RICS. House prices fell sharply, while new buyer demand and sales expectations dropped to multi-year lows. Temporary geopolitical developments provided brief relief in mortgage rates, but they remain elevated compared to pre-conflict levels. Meanwhile, rents continued to climb due to strong demand and fewer new landlord listings. Future housing trends will depend on how oil, energy costs, and geopolitical conditions evolve.Read more

Mumbai News Desk

13 Apr 2026

The Bombay High Court has upheld the redevelopment approval for a 16-storey residential building on Altamount Road in Mumbai and dismissed a public interest litigation challenging the project. The court observed that the petition did not demonstrate genuine public interest and appeared to question permissions already granted and implemented. It accepted submissions that approvals were issued in accordance with applicable Development Control Regulations and planning norms. The court further noted that the building was already completed and found no procedural irregularity, reinforcing limited scope of judicial interference in such matters.Read more

12 Apr 2026

Trehan IRIS has launched Omara, a wellness-focused luxury residential development in Sector 80, Gurugram, comprising 320 golf-facing 3.5 and 4.5 BHK units. The project integrates over 110 amenities and 50 longevity programmes centred on fitness, recovery and lifestyle management. Designed around biophilic planning and wellness infrastructure, the development includes features such as a spa collaboration with L Occitane en Provence and advanced therapy facilities. The launch reflects a growing shift in premium housing towards wellness-oriented design, with developers incorporating health-focused amenities as a key differentiator in high-end residential markets.Read more

Mumbai News Desk

12 Apr 2026

A large-scale redevelopment is being planned for nearly 14,000 hutments spread across over 100 acres around Gilbert Hill in Andheri West. The proposal focuses on rehabilitating residents living in informal settlements through a cluster-based approach. The plan aims to improve housing conditions, address safety concerns near the heritage structure, and provide better infrastructure. Authorities have also linked the move to earlier efforts to protect the geological site and manage encroachments. The project is expected to bring more organised development to the area while ensuring eligible residents are accommodated.Read more

12 Apr 2026

Rama Group has launched Rama Eiko Luxury Floors, a premium residential phase within its existing Rama Eiko development in Shankar Nagar, Raipur, after securing RERA approval in the past week. The project comprises 112 apartments across 16 towers, each rising seven floors, with a low-density layout featuring one unit per floor. The development offers 4 and 5 BHK residences ranging from 7,100 sq ft to 12,800 sq ft, with private lift access and dedicated parking provisions. Designed by Rajeev Agarwal Architects, New Delhi, with landscaping by Japan-based STGK, the project incorporates approximately 1.86 acres of open green space and a range of lifestyle amenities. Bookings have commenced, with the project positioned within Raipur's established residential micro-market of Shankar Nagar.Read more

Delhi News Desk

12 Apr 2026

Resident Welfare Associations (RWAs) in Delhi have raised concerns about the growing implementation of mixed-use development under the Transit-Oriented Development (TOD) policy. While the policy is aimed at improving housing supply and optimising land use near metro corridors, residents say it is already putting pressure on infrastructure and changing the character of residential areas. They have flagged gaps in implementation, lack of monitoring, and increasing commercial activity in housing zones. The concerns come as the government expands TOD norms to encourage higher density development and faster urban redevelopment.Read more

Noida News Desk

12 Apr 2026

Experion Developers has reported sales of approximately INR 1,800 crore at the launch of its luxury residential project SAATORI in Sector 151, Noida, indicating strong demand in the premium housing segment. The development, located along the Noida Greater Noida Expressway, has seen the sale of around 400 units at launch. Spread across a five-acre land parcel, the project comprises three high-rise towers and is positioned as a low-density residential offering. Its location near key infrastructure such as Sector 148 Metro Station and the upcoming Noida International Airport at Jewar has supported buyer interest. The project reflects growing traction for design-led, wellness-oriented housing in emerging micro-markets across the National Capital Region.Read more

11 Apr 2026

Agrocorp Landbase has announced a premium second-home project, Vacation Village, in Chikkamagaluru, with a projected revenue potential of around INR 200 crore and a saleable area of 0.55 million sq ft. The launch comes as India's leisure housing segment records sustained growth, with demand rising 30-40% since 2020 and annual expansion estimated at 18-22%. Located within driving distance of Bengaluru, the project is positioned as a plotted hill-home community catering to second-home buyers seeking a mix of lifestyle use and long-term investment, reflecting evolving residential preferences in post-pandemic urban markets.Read more

11 Apr 2026

The Uttar Pradesh government has initiated 325 development projects worth INR 6,466 crore in Agra, including the proposed Greater Agra township. Planned across about 449 hectares, the township will feature multiple residential sectors and supporting infrastructure. Alongside this, several projects focused on roads, civic amenities and public services have been launched. The move is aimed at improving connectivity, planned urban growth and economic activity, while strengthening Agra's position as an emerging urban centre in the state.Read more

11 Apr 2026

PRANA by Nila, a residential development by Nila Urban Living Private Limited in GIFT City, has received EDGE Advanced Preliminary Certification from Sintali, becoming the first residential project in the city to achieve this rating. Announced on April 9, the project has also secured WELL Pre-Certification, positioning it among a limited number of developments pursuing both sustainability and wellness benchmarks. The 696-unit project has reported 48% energy savings, 52% water savings and a 46% reduction in embodied carbon, exceeding EDGE requirements. Designed with features such as energy-efficient systems, renewable energy integration and water recycling, the project is expected to generate annual operational emissions of 312.84 tCO while achieving savings of 244.44 tCO. The certification reflects increasing adoption of global green building standards in India's emerging financial districts.Read more

11 Apr 2026

Casagrand has introduced a new premium residential project, Casagrand Ventra, in Kattupakkam, West Chennai, offering a mix of apartments and floor villas. Spread across 3.5 acres, the development includes 279 units supported by 57 lifestyle amenities and large open spaces. The project is strategically located on Poonamallee High Road, ensuring strong connectivity to metro stations, educational institutions, healthcare facilities, and employment hubs. With pricing starting from INR 85 lakh and going up to INR 2.97 crore, the project is positioned to attract both end-users and investors looking for well-connected urban housing options.Read more

10 Apr 2026

Real estate firm Dalcore has announced an investment of INR 500 crore to develop a branded luxury housing project in Gurugram in partnership with London-based design brand YOO. The project, named The Falcon, has been launched in the past week on a 2-acre land parcel along Golf Course Road and will comprise a single 165-metre-high tower. With a built-up area of approximately 5 lakh sq ft, the development will include 96 units, comprising 93 apartments and three penthouses. Apartment prices are expected to start from INR 10 crore, with the developer targeting total revenues of around INR 1,450 crore. The project marks Dalcore's entry into the residential segment and introduces YOO-branded residences to North India, reflecting growing demand for design-led premium housing offerings in key urban markets.Read more

10 Apr 2026

The Reserve Bank of India's decision to keep the repo rate unchanged at 5.25% has been viewed positively by real estate stakeholders, who expect it to support stable demand and buyer sentiment. Industry leaders believe that steady interest rates will help maintain affordability, keep EMIs predictable and provide developers with better visibility on financing costs. While global uncertainties and rising input costs remain concerns, the policy continuity is seen as a stabilising factor for both residential and commercial segments. The move is also expected to support long-term investments and sustain momentum across key housing markets.Read more