04 Feb 2026

Godrej Properties Ltd has recorded residential sales exceeding INR 2,000 crore in the first phase of its luxury housing project, Godrej Trilogy, located in Worli, South Mumbai. The sales milestone has been achieved shortly after the project launch, reflecting sustained demand for high-end residential properties in one of Mumbai's most premium micro-markets. The company has launched homes with an estimated saleable value of around INR 3,500 crore as part of the development. According to regulatory disclosures, close to 100 homes have already been sold since the project was introduced late last year. The strong response underlines the continued appetite for luxury housing in South Mumbai, supported by limited supply, established social infrastructure and strong end-user and investor interest in well-located, branded developments.Read more

04 Feb 2026

New home prices in China increased slightly in January, while declines in the resale market narrowed, reflecting cautious optimism in the property sector. First- and second-tier cities such as Shanghai, Chengdu, and Hangzhou saw high-end housing launches, supporting both monthly and yearly price gains. In contrast, third- and fourth-tier cities continued to face falling prices as inventory remained high. Recent government signals, including reduced reporting requirements under the three red lines policy and calls to stabilize the market, indicate ongoing efforts to support the sector. Sales may dip during the Spring Festival but are expected to rise afterward.Read more

04 Feb 2026

Crest Nicholson, a leading British homebuilder, has reported early signs of recovery in the UK housing market after a period of subdued demand. The company's profit for fiscal 2025 fell short of expectations, but recent activity shows improvement with higher website visits, increased sales inquiries, and stronger January sales as interest rates ease. Operational measures such as job reductions, office closures, and focusing on the mid premium segment have helped stabilise the business. The firm projects modest growth in completions and profits for the coming fiscal year, reflecting cautious optimism.Read more

Delhi News Desk

04 Feb 2026

ASK Property Fund has committed INR 260 crore to a luxury residential project by Kreeva, the real estate platform of the Kanodia Group, in South Delhi. The investment supports the acquisition of a prime land parcel valued at about INR 350 crore and the development of a gated vertical housing project spread over nearly 500,000 sq ft. This marks ASK Property Fund's first vertical residential investment in Delhi. The project will offer large-format apartments and reflects rising institutional interest in premium housing within the city.Read more

03 Feb 2026

India's affordable housing supply has collapsed to a fraction of its former share, according to the Economic Survey 2025-26, raising concerns about housing accessibility for low- and middle-income families in major cities. Homes priced below INR 50 lakh accounted for just 17 per cent of new launches in 2025, down sharply from 52.4 per cent in 2018, the survey found, highlighting a structural contraction in budget-friendly residential supply in top urban markets. Analysts attribute the decline to rising land and construction costs, developers focus on premium segments with higher margins, and restrictive regulatory norms that discourage affordable projects. The squeeze in supply comes at a time of persistent demand for affordable housing, with policymakers and industry voices warning that the shortfall could widen further without targeted fiscal and regulatory interventions to revive the segment.Read more

Gurugram News Desk

03 Feb 2026

Gurgaon's district administration has kicked off the verification process for 6,743 affordable homes reserved for economically weaker sections (EWS) under the Haryana government's urban housing initiative, with 4,728 applicants cleared in the first phase. The 1-BHK flats, priced at a highly subsidised INR 1.5 lakh each, are located in private colonies and high-rise societies, providing access to planned, organised urban housing. Authorities received more than 120,000 applications for the units, and initial checks found a substantial number of submissions valid, advancing them to the next stage. Eligible applicants are required to pay a booking amount to move forward in the allocation process, which will conclude with a draw to finalise allotments. Officials have underscored the transparent conduct of the process and urged applicants to interact only through official channels.Read more

03 Feb 2026

Haryana's affordable housing policy has slowed significantly in NCR cities, particularly Gurugram and Faridabad, due to rising land prices and construction costs. Officials report no new licences for affordable housing projects have been issued in the Gurugram-Manesar Master Plan area for nearly two years, raising concerns about policy effectiveness. With maximum unit prices capped at INR 5,000 per square foot, typical flats cost INR 26-35 lakh, but developers find this unviable. Residents and industry bodies urge pricing revisions and continuous policy support to encourage project launches and address middle-class housing needs.Read more

03 Feb 2026

The Haryana Revenue and Disaster Management Department has asked district administrations to urgently submit missing PAN details linked to high-value property registrations. The move follows a request from the Income Tax Department for complete buyer and seller PAN information for property deals valued above INR 30 lakh, registered between the 2019-20 and 2024-25 financial years. Data has been shared through the Web-HALRIS portal, with several tehsils showing higher pendency. District officials have been directed to monitor and close gaps without delay.Read more

Lucknow News Desk

03 Feb 2026

Lucknow Development Authority has launched Aishbagh Square, a high-rise residential project in the Aishbagh area of the city, marking its entry into premium vertical housing. The project comprises four towers of 27 storeys with 384 large 3-BHK apartments with study areas, each measuring about 1,900 sq ft. Homes are priced from around INR 1.11 crore. Online registration has begun through a lottery system, with construction planned to finish in three years and possession targeted within five years.Read more

02 Feb 2026

HDFC Capital Advisors, the real estate private equity arm of the HDFC Group, has partnered with Curated Living Solutions (CLS), promoted by Bhaskar Raju of DivyaSree Group, to launch a rental housing platform with an investment of INR 1,000 crore. The platform will develop, own, and operate institutional-grade rental housing across major Indian cities, targeting students, young professionals, and migrant workers. CLS brings experience managing over 13,000 beds nationwide, while HDFC Capital provides long-term capital and governance. The initiative aims to formalize India's rental housing sector and enhance urban mobility.Read more

Mumbai News Desk

02 Feb 2026

Serene Communities, the senior living platform of Columbia Pacific Communities, has announced plans to invest INR 3,000 crore to develop approximately 2.5 million sq ft of senior housing across 13 projects in six Indian cities, including Bengaluru, Chennai, Mysuru, Kochi, Hyderabad and Pune, with apartments expected to be priced between INR 70 lakh and INR 1.5 crore, according to company leadership. The expansion is being propelled through strategic partnerships with regional developers such as Embassy Group and Gardencity in Bengaluru, Prathima Developers in Hyderabad and Cybercity in Pune, signalling a collaborative model rather than standalone development. Serene Communities is also exploring entry into the Mumbai market, particularly in the New Mumbai belt near Vashi-Panvel and Thane, where land economics are more favourable. The initiative reflects growing demand for professionally managed, community-oriented senior living solutions as India's elderly population expands and lifestyles evolve.Read more

Bangalore News Desk

02 Feb 2026

Assetz, a Bengaluru-based real estate developer, has launched a new luxury residential project in south-eastern Bengaluru, offering three-bedroom apartments starting at INR 2.3 crore. The development, named Melodies of Life Apartments, is spread over about 3 acres off Hosa Road, around 15 minutes from HSR Layout, and comprises 204 homes with sizes between 1,827 and 1,853 sq ft. The project features lifestyle-oriented amenities, including a dual clubhouse of nearly 38,000 sq ft, and sports facilities such as padel and pickleball courts, designed to appeal to buyers seeking luxury living in a low-rise, nature-integrated setting. Assetz said the design blends native landscaping, high-quality materials and community-centric planning. The project forms part of the developer's broader strategy in Bengaluru, where it has delivered and planned over 50 million sq ft of residential space, emphasising low-density planning and sustainability features.Read more

02 Feb 2026

Britain's housing market is regaining momentum after a slowdown ahead of the November budget, with Zoopla reporting buyer interest in early 2026 similar to early 2024 but slightly below last year's levels. Mortgage rates have eased to the lowest since 2022, boosting confidence among buyers who had delayed decisions. House prices rose by 1.2% over the past year, especially in affordable regions. Rightmove and RICS data indicate recovery in asking prices and market expectations. Broader economic indicators, including strong retail sales and purchasing managers data, support prospects of faster early-year growth.Read more

01 Feb 2026

Dubai's resale market for ultra-luxury villas is being driven overwhelmingly by cash buyers seeking completed homes, according to a new study by Luxe, the luxury arm of Properties. The analysis shows that villas priced above AED 40 million recorded 169 resale transactions worth AED 11.57 billion in 2025, with less than 16% involving mortgages. Nearly all resale activity 98% was concentrated in fully completed properties, underscoring buyer preference for certainty and immediate use. The findings indicate that ultra-high-net-worth individuals are prioritising lifestyle security, privacy and long-term wealth preservation over speculative returns. The study highlights how Dubai's mature luxury ecosystem continues to attract global capital by aligning product delivery with the expectations of affluent end users.Read more