19 Jan 2026

Megatel Homes LLC is set to launch its first crypto payments and rewards token, MegPrime, after receiving a no-action letter from the SEC. The token will allow users to make payments, earn rebates, and redeem points for housing-related benefits, continuing a program that began in 2019 offering renters equity toward home purchases. CEO Zach Ipour emphasized the plan merges real estate operations with digital currency. The token will not confer any ownership or investment rights, reflecting growing adoption of blockchain in mainstream consumer programs.Read more

19 Jan 2026

M3M India and Smartworld Developers have entered into a partnership with global luxury brand Elie Saab to develop two branded residential projects in Gurugram and Noida with a combined investment of around INR 3,500 crore. The developments will include about 950 premium homes across both locations, positioned as high-end branded residences. The projects mark Elie Saab's first association with residential real estate in India and are planned for completion by 2030, reflecting rising demand for globally designed luxury housing in NCR.Read more

19 Jan 2026

Bengaluru-based Sumadhura Group plans to invest around INR 6,000 crore to develop six new residential projects in the city, reflecting continued confidence in housing demand, particularly in premium segments. The projects, scheduled for launch during the current quarter, will comprise over 4,000 units including apartments and residential plots. Located across east and north Bengaluru, the developments will span nearly 90 acres and offer a total saleable area of more than 8 million square feet. The company expects to generate around INR 10,000 crore in revenue from these projects. Despite broader market data showing flat quarterly sales in Bengaluru, Sumadhura sees sustained end-user demand. Over the past three decades, the group has delivered 56 projects covering more than 17 million square feet across multiple real estate verticals.Read more

19 Jan 2026

Prestige Estates has recorded strong growth in sales bookings, reporting a 39 per cent rise to INR 4,183.6 crore in the third quarter, with pre-sales in the first nine months more than doubling to INR 22,327.3 crore. The company sold 1,811 units in the quarter, taking nine-month sales to 8,598 units, and achieved 16.95 million sq ft in cumulative sales volume. Mumbai, Bengaluru, and Hyderabad led the geographical mix, and the average price per sq ft rose by 6 per cent. The performance reflects strong customer confidence in the Prestige brand.Read more

19 Jan 2026

The Delhi Development Authority's Karmayogi Awaas Yojana 2025 witnessed strong demand as nearly 60 per cent of the 684 flats were booked within the first 24 hours of launch. The initial bookings are expected to generate around INR 450 crore in revenue. One BHK units were almost fully sold on the first day, while two BHK flats contributed the most to early revenue. Officials attribute the response to improved infrastructure, upcoming transit links, and the area's growing appeal for government employees. Bookings remain open until the end of March.Read more

19 Jan 2026

The Supreme Court has clarified that homebuyers maintenance societies and Resident Welfare Associations (RWAs) do not have the legal right to intervene in the insolvency proceedings of a developer under the Insolvency and Bankruptcy Code (IBC). The court observed that such societies are formed to manage common facilities and do not automatically qualify as financial creditors unless they have directly advanced money or are legally recognised. The ruling reinforces that only genuine creditors aiming at corporate revival can participate in the insolvency process. Homebuyers still have alternative legal remedies outside insolvency forums.Read more

18 Jan 2026

The Punjab government has reduced reserve prices for unsold Greater Mohali Area Development Authority (GMADA) properties by an average of 22% to encourage sales. The move covers residential plots, commercial spaces, industrial parcels, institutional land, and hotel sites that remained unsold despite repeated e-auctions over the past five years. A committee of independent valuers reviewed and recommended the revised prices, which will remain effective for a year, with provisions for further reductions if properties continue to remain unsold. The initiative aims to align prices with market realities and revive real estate activity in the region.Read more

18 Jan 2026

Existing home sales in the United States accelerated in December, supported by easing mortgage rates and slower growth in house prices, according to data released by the National Association of Realtors. Sales rose sharply on a monthly basis and exceeded market expectations, while annual growth also turned positive. Improving conditions in the final quarter of the year were attributed to reduced borrowing costs and more moderate price increases, although housing inventory remained constrained. Mortgage rates declined during 2025 but continued to stay well above levels seen three years earlier. Inventory levels showed a marginal improvement, while median home prices recorded only modest annual growth, reflecting ongoing affordability pressures.Read more

18 Jan 2026

Chandak Group has marked 40 years of operations in Mumbai's residential real estate market by launching #Mission4000Trees, a tree plantation initiative focused on enhancing the city's green cover. Instead of a traditional anniversary celebration, the developer undertook a large-scale plantation drive at its Chandak Treesourus project in Malad West, where 4,000 saplings were planted. The initiative reflects the company's stated emphasis on sustainability and environmental responsibility alongside urban development. The plantation drive was designed as a community-led effort involving residents and stakeholders, and also highlighted the group's approach to integrating open spaces and greenery within residential projects in densely populated parts of Mumbai.Read more

17 Jan 2026

The Gujarat Real Estate Regulatory Authority (GujRERA) has ruled that developers must bear maintenance costs for unsold housing units from the time a project receives Building Use (BU) permission until the units are sold. This decision follows complaints from housing societies, such as in Vastrapur, Ahmedabad, where residents had to cover expenses for common facilities due to non-payment by promoters. GujRERA clarified that promoters, as owners of unsold flats, are liable for maintenance like other allottees, reinforcing accountability and ensuring fair cost allocation in housing societies across Gujarat.Read more

17 Jan 2026

Sattva Group has strengthened its premium housing presence in Bengaluru with the launch of Sattva Aaranya, a new residential project on the fast-growing Mysore Road corridor in West Bengaluru. Located next to Jnanabharathi Metro Station on the Purple Line and close to the Bengaluru-Mysuru Expressway, the project offers strong connectivity across the city and beyond. Overlooking the expansive Bangalore University campus, it brings rare green views to urban living. Spread across six acres, the development features 480 spacious 3 and 4 BHK homes designed for light, ventilation and long-term comfort. Nature-led planning, landscaped spaces and lifestyle amenities further enhance everyday living.Read more

17 Jan 2026

Kolte-Patil Developers Ltd has entered into a joint development partnership with a landowner to develop a residential project in Pune, with an estimated revenue potential of INR 850 crore. The proposed housing project will be developed at Bhugaon and will have a total developable area of around 1.1 million square feet. The company disclosed the transaction in a regulatory filing, stating that the project's expected gross developable value reflects the total sales potential of the development. The identity of the landowner has not been disclosed. The agreement aligns with Kolte-Patil Developers strategy of expanding through asset-light partnerships in key residential markets.Read more

17 Jan 2026

U.P. RERA achieved record growth in 2025, with 308 real estate projects registered, up from 259 in 2024, and 84,976 units approved, marking a 22.5 percent increase over the previous year. Capital investment surged to INR 68,328 crores, a 53.5 percent rise, reflecting strong investor confidence. Growth was not limited to the NCR, with non-NCR districts like Lucknow, Mathura, Bareilly, and Agra seeing increasing projects. Religious cities such as Ayodhya, Varanasi, and Prayagraj also attracted significant investment. These trends highlight the success of U.P. RERA and government policies in fostering transparency, regional development, and investor-friendly conditions.Read more

17 Jan 2026

The Tamil Nadu Industrial Development Corporation (TIDCO) has begun showcasing model houses for families affected by the proposed Parandur greenfield airport in Kancheepuram district. The 400 sq ft demonstration homes, built near the Parandur primary health centre, allow residents from 13 impacted villages to review housing options under the rehabilitation plan. The state's relief package includes land compensation ranging from INR 35 lakh to INR 60 lakh per acre, along with choices of alternate housing plots with built homes or cash options. TIDCO has also outlined plans for integrated townships with schools, hospitals and civic amenities. While the initiative aims to ensure transparent resettlement, community responses remain mixed.Read more

16 Jan 2026

UK homebuilder Vistry has forecast profit for 2025 below market expectations after reporting a decline in home sales amid continued uncertainty in the housing market. The company said softer demand from private buyers and delays in partner-funded housing deals affected performance, while forward sales also declined year on year. Although revenue remained broadly flat, sales volumes fell and investor sentiment weakened, leading to a sharp drop in the company's share price. Vistry said government-backed affordable housing programmes continued to support activity, but affordability pressures and fiscal uncertainty limited private market recovery. The company expects future opportunities from long-term government housing initiatives, while remaining cautious on near-term conditions.Read more

16 Jan 2026

Puravankara Ltd reported a 17 per cent rise in sales bookings to INR 1,414 crore in the third quarter of the current financial year, aided by steady demand for residential projects. Sales volumes rose to 1.49 million square feet, while average realisation increased to INR 9,500 per square foot. For the first nine months, bookings grew 9 per cent to INR 3,859 crore. The company also posted higher collections and continues to expand its presence across major Indian cities with a strong project pipeline.Read more

16 Jan 2026

The Odisha government is stepping up efforts to complete around 48,000 unfinished homes under the Pradhan Mantri Awas Yojana Urban (PMAY-U) as it works to meet central timelines and deliver homes to eligible beneficiaries. The pending units are spread across several urban local bodies and had faced delays due to labour shortages, supply issues and administrative hurdles. To speed up construction, state agencies have strengthened coordination with contractors, improved material supply chains and increased on-ground monitoring. The renewed push aims to benefit low-income urban families awaiting possession while ensuring compliance with PMAY-U quality and completion norms. The initiative reflects Odisha's focus on accelerating affordable housing delivery through tighter oversight and better project execution.Read more