24 Feb 2026

The Rajasthan High Court has instructed the Rajasthan Housing Board to take decisive action within three weeks to remove encroachments from 87 illegal colonies in the Sanganer area of Jaipur, a bench ruling earlier this week. The directive follows a public interest petition alleging that the state government's earlier order to regularise these colonies developed on land acquired by the housing board violated previous court orders and was being improperly implemented. The court warned that the housing board's commissioner must appear personally before the bench if compliance is not achieved within the stipulated timeframe. Petitioners argued that construction in the unauthorised colonies continues unabated and that influential individuals were exploiting enforcement gaps. The original ruling, issued in August last year, had stayed the government's regularisation order and required prompt removal of illegal developments on acquired land.Read more

24 Feb 2026

Average apartment sizes across India's seven largest residential markets have grown by about 17 per cent over the past two years, according to real estate data compiled by industry consultants. The increase reflects a shift towards larger configurations and a growing emphasis on spacious living as demand for premium housing strengthens. Data shows average unit size across these cities expanded from around 1,420 sq ft in 2023 to roughly 1,676 sq ft in 2025, with an 8 per cent rise over the past year alone. Growth patterns vary by city, with regions such as the National Capital Region recording the highest gains, while others like Kolkata have exhibited relatively modest increases. Analysts attribute the trend to changing buyer preferences for bigger homes, particularly in markets where higher-end supply has expanded. The rise in average sizes forms part of broader shifts in urban housing demand, with larger layouts increasingly featured in new launches and project planning.Read more

Bangalore News Desk

24 Feb 2026

Thousands of flats and villas built by the Bangalore Development Authority (BDA) on the outskirts of Bengaluru are facing persistent sales headwinds, with 2,294 units still unsold years after completion despite being priced below comparable private developments. Various attempts to stimulate demand including property exhibitions, bulk-purchase discounts and a 5 per cent rebate on select projects have yielded limited interest, according to local reports. Prospective buyers and existing owners cite inadequate infrastructure and poor connectivity as key deterrents, with many layouts still lacking proper roads, street lighting and essential civic services. Maintenance concerns have also emerged in the absence of functional residents associations, while issues such as seepage in some buildings have further dampened appeal. Even villas launched three years ago have seen only 16 of 100 units sold, underscoring persistent demand challenges for BDA housing stock.Read more

24 Feb 2026

The Maharashtra Real Estate Appellate Tribunal (MREAT) has stayed a recall order passed by the chairperson of the Maharashtra Real Estate Regulatory Authority (MahaRERA) in a long-pending flat possession dispute in Mulund. The tribunal questioned the use of inherent powers to set aside earlier recovery proceedings and flagged the existence of two digitally signed versions of the same order with variations. The matter relates to a flat booked for over INR1 crore with possession promised in 2015. The tribunal has sought clarity on procedural lapses while restoring the position prior to the recall.Read more

24 Feb 2026

Eden Realty Group has launched Eden Devprayag, its first premium riverfront project in Kolkata, as part of a larger INR 5,000 crore plan for riverside residential, retail, hospitality, and commercial developments. The township offers luxury residential towers, a Banaras-style Ganga ghat, a podium club, and terrace amenities with panoramic views. Designed with climate-responsive architecture, green spaces, and water features, it combines urban connectivity with riverfront serenity. Additional projects include a G+18 mass housing development on Kona Expressway and a South Kolkata bungalow project. The group focuses on sustainable, well-being-oriented urban living.Read more

Pune News Desk

24 Feb 2026

Pune's real estate market opened the year with a moderation in recorded transactions, as property registrations in January 2026 declined by 17 per cent on a year-on-year basis, according to a market report by Knight Frank India. Data compiled from the Inspector General of Registration and Controller of Stamps, Maharashtra showed that 14,527 properties were registered in the district during the month, compared with 17,449 in the same month last year. Stamp duty collections weakened by 5 per cent, totaling around INR 609 crore, suggesting that while fewer transactions were recorded overall, higher-value deals helped sustain revenue intake more robustly than volumes. Market observers noted that the slower registration pace follows a high base in early 2025, and that the relatively smaller dip in revenue points to continued traction in mid-to-premium segments. The trend suggests a market recalibration rather than a sharp contraction in demand.Read more

23 Feb 2026

Shapoorji Pallonji Real Estate has launched Oyster, a premium residential project within the Northern Lights development in Thane. Featuring 283 2- and 3-bedroom apartments ranging from 564 to 1004 sq ft, the project combines urban connectivity with scenic views of the city and surrounding hills. Prices start at INR 1.56 crore. Designed for modern lifestyles, Oyster offers wellness and fitness amenities, leisure spaces, and social interaction zones. The development reinforces Thane's growth as a premium residential micro-market and aligns with SPRE's commitment to design excellence and long-term value for homebuyers.Read more

23 Feb 2026

Lodha Developers Ltd has outlined a strong construction-led growth strategy for the March quarter of FY26, with plans to invest around INR 1,200 crore exclusively on project execution. Alongside this, the developer is preparing to launch 12 residential projects across the Mumbai Metropolitan Region, Pune and Bengaluru, offering a cumulative saleable area of around 7 million sq ft. The proposed launches are estimated to generate nearly INR 12,820 crore in revenue. During the first nine months of the financial year, the company has already invested close to INR 2,930 crore on construction and launched 20 projects with a revenue potential of over INR 22,800 crore. The developer has also continued to expand its land bank across key urban markets, reinforcing its long-term growth pipeline amid steady financial performance.Read more

23 Feb 2026

Spanish authorities have confirmed that architect Antoni Gaudi designed the Xalet del Catllaras, a mountain shelter built between 1901 and 1908 in Catalonia. The three-storey structure was constructed for workers at a cement factory owned by Gaudi's patron, Eusebi Guell. A 2023 expert study identified signature design elements, including distinctive arches, vaults and 45-degree wall angles linked to Gaudi's mid-career style. The analysis used historical records and 3D modelling to verify authorship. The confirmation officially adds the remote forest building to Gaudi's recognised works, ahead of events marking the centenary of his death in 2026.Read more

23 Feb 2026

Puravankara Limited has announced the launch of Purva Silversky, a premium residential development located at Hebbagodi in Electronic City, off Hosur Road, Bengaluru. Spread across nearly 6.99 acres, the project comprises 356 residences housed in three 32-storey towers and is positioned as a low-density development with a strong focus on privacy and open spaces. Nearly 88% of the project area is open-to-sky, with only four homes planned per floor. Strategically situated close to major IT hubs, the project benefits from metro connectivity, with Huskur Metro Station located around 900 metres away. Offering large-format 3, 4 and 5 BHK homes, the development is targeted primarily at end-users seeking spacious homes, strong workplace proximity and a comprehensive lifestyle environment within one of Bengaluru's most established technology corridors.Read more

22 Feb 2026

Mantra Properties has launched a 45-day home buying initiative titled Zero is the new hero, running from mid-February to the end of March across all its ongoing Mantra and Burgundy projects in Pune. The campaign is structured around eliminating multiple upfront and ancillary costs typically associated with residential purchases, including GST, booking amount, floor rise, premium charges, legal fees and loan processing charges. By absorbing or rationalising these components within the overall pricing framework, the developer aims to present a clearer and more predictable cost structure for buyers. The initiative is positioned against Pune's steady residential absorption trends, with Mantra seeking to reduce decision friction and improve transparency at a time when pricing complexity often delays purchase commitments.Read more

22 Feb 2026

The allocation of apartments in the Rajiv Awas Yojana (RAY) housing complex in Kochi is expected to be delayed again as procedural requirements remain incomplete and supporting infrastructure works are yet to be finished. Local civic authorities have indicated that a trial run of the sewage treatment plant at the project site is now scheduled for later next month and that only a fraction of the identified beneficiaries have submitted all required documentation. Of the families on the entitlement list, only those who have completed paperwork and paid their share will be considered for allotment, with contributions and rental income from ground-floor commercial units slated to support ongoing maintenance. Council discussions also touched on other civic issues, including office reconstructions and service charges, as well as concerns over water shortages affecting the city. The developments highlight challenges in moving the multi-year housing scheme towards final beneficiary handover.Read more

22 Feb 2026

British buyers have emerged as the leading international purchasers of Spanish property, accounting for 7.93% of all foreign home acquisitions in Q4 2025, according to Registradores de Espaa. The data highlights the enduring appeal of Spain among UK nationals, particularly in Andalusia, which represents 20.03% of the country's total property market. Industry experts at Taylor Wimpey Espaa report growing demand for newly built golf properties, as lifestyle shifts towards hybrid working and phased retirement reshape buying motivations. With strong tourism-driven investment and well-established resort infrastructure, Andalusia's golf communities are increasingly viewed not only as second-home destinations but also as viable long-term residences for British purchasers.Read more

22 Feb 2026

Central Park Estates has launched Belanova, an ultra-luxury high-rise residential development within its Central Park Resorts township in Gurugram, with a total project investment of INR 1,200 Cr and an estimated revenue potential of INR 2,500-3,000 Cr. The low-density project comprises 124 residences with an average ticket size of around INR 25 Cr each. The developer has outlined a calibrated monetisation strategy, targeting sales of about INR 500 Cr in FY26 and INR 1,000 Cr in FY27. Funded through internal accruals and project finance, Belanova has no institutional or private equity participation and has already seen around 25% inventory sold. Completion is scheduled for end-July 2026.Read more

22 Feb 2026

Jamshri Realty has introduced its Clean-Living-as-a-Service (CLaaS) model at Jamshri City, a 15-acre integrated lifestyle district in Solapur, positioning sustainability as a core urban service. The initiative integrates clean water, clean energy and clean food systems to create a regenerative, self-sustaining ecosystem. Key measures include restoration of a 200-ft heritage well, 30+ groundwater recharge bores, 60,000 sq ft of rainwater harvesting infrastructure and a 950 kW solar plant, with additional capacity planned. By March 2026, the project is expected to generate 1.76 million units of clean energy annually and reduce carbon emissions by around 1,400 tonnes per year. The development also incorporates adaptive reuse of existing structures and aims for zero-waste-to-landfill certification, reinforcing Jamshri Realty's focus on scalable, future-ready urban development.Read more