16 Jan 2026

The Bangalore Development Authority (BDA) carried out a major demolition drive in Saraipalya, Thanisandra, removing over 60 structures including homes, godowns and garages. The authority said the action targeted unauthorised buildings on notified BDA land linked to the Arkavathi Layout project, claiming the land was acquired years ago and the constructions lacked valid approvals. The operation has triggered strong reactions from residents, many of whom say they hold e-Khata certificates, tax receipts and utility connections. The demolitions have caused distress and displacement, prompting calls for temporary relief and clarity on land records. The incident highlights ongoing challenges around urban growth, land ownership disputes and regulatory enforcement in rapidly expanding Bengaluru.Read more

16 Jan 2026

Sumadhura Group is set to expand its luxury housing footprint in Bengaluru with the launch of six new residential projects this financial year, targeting revenue of nearly INR 10,000 crore. Spread across key growth corridors such as Whitefield, Panathur, Marathahalli,Thubarahalli, Rachenahalli and Devanahalli, the developments will offer over 4,000 premium apartments and 400+ plotted units across 90 acres. Three projects have already received RERA approvals, featuring resort-style amenities, distinctive architecture and lake-facing homes. The remaining launches are also planned within the year. With nearly three decades of experience and a strong development pipeline, Sumadhura continues to strengthen its presence in Bengaluru's premium residential market.Read more

15 Jan 2026

ASK Property Fund has invested INR 340 crore in three residential projects developed by Mantra Group across Mumbai and Pune, reinforcing institutional confidence in the housing market. The funding will support the acquisition of two projects through the NCLT resolution process and help advance a third ongoing development. Part of the capital will be used to clear dues to financial creditors, while the rest will fund construction and execution. The projects are located near JVLR in Mumbai and in Wakad and Mundhwa in Pune, areas known for strong connectivity and housing demand. The investment supports Mantra Group's expansion plans and highlights growing private equity interest in well-located residential developments.Read more

15 Jan 2026

Residents of Chandigarh Housing Board (CHB) properties are set to benefit from relaxed building and compliance norms introduced through a 2023 urban development notification, now being implemented by civic authorities. The revised guidelines simplify rules related to permitted construction features, floor space use and minor alterations within existing plots. Aimed at reducing procedural hurdles, the changes address long-standing resident concerns while maintaining safety and planning standards. The updated framework offers clearer permissions for routine upgrades and modifications without requiring full redevelopment approvals. Authorities and housing board officials are working with residents associations to explain the new provisions. The move supports smoother residential management in established neighbourhoods and aligns regulations with modern living needs.Read more

15 Jan 2026

The Lucknow Development Authority (LDA) has extended the registration deadline for 637 residential plots under its Anant Nagar housing scheme by four days, moving the last date to January 16, 2026. The decision was taken following strong public demand as thousands of applicants showed interest in securing plots in the township being developed along Mohan Road. The registration process, conducted entirely online, will conclude on the new extended date, and plot allocation will be carried out through a transparent lottery system. The Anant Nagar scheme features a planned township with wide roads, underground utility infrastructure, large green spaces and an Edutech City concept, positioning it as a key residential opportunity in Lucknow's growing real estate market.Read more

15 Jan 2026

Omaxe Ltd. has announced Omaxe Chowk, Ludhiana, a large mixed-use development combining high-street retail and luxury residences at Ghumar Mandi, one of the city's key shopping and wedding hubs. Spread across 5.25 acres with an investment of INR 500 crore, the project aims to offer a more organised and comfortable alternative to traditional markets while keeping Ludhiana's shopping culture intact. The development will feature premium retail, jewellery and wedding stores, fashion brands, dining and entertainment, including a dedicated food and experience zone called Dawatpur. With strong road access, ample parking and pedestrian-friendly design, Omaxe Chowk is planned as a long-term urban destination, scheduled for completion by June 2030.Read more

15 Jan 2026

Real estate developer M3M India has partnered with global luxury fashion and lifestyle brand ELIE SAAB to develop two ultra-luxury branded residential projects in Delhi-NCR, involving a total investment of INR 3,500 crore. The developments will comprise around 300 apartments in Gurugram and nearly 650 units in Noida, to be built by group firm Smartworld Developers. Named Signature Residences by ELIE SAAB, the projects mark the brand's entry into India's luxury housing market. The collaboration reflects growing demand for branded residences among high-net-worth buyers and reinforces M3M India's strategy of associating with globally recognised luxury brands.Read more

15 Jan 2026

CCS Infratech has launched Amor, a luxury villa community in Lucknow, marking one of the city's first large-scale AI-powered residential developments. Spread across around 10 acres, the LDA- and RERA-approved project comprises 105 premium 3 BHK and 4 BHK villas with servant quarters, private lawns, terraces and balconies. Each home is equipped with AI-enabled systems that allow residents to control lighting, temperature, energy use and security through apps and voice commands. Positioned to meet rising demand for high-end housing in Tier-2 cities, Amor blends smart technology, modern design and open spaces, setting a new benchmark for luxury villa living in Lucknow.Read more

15 Jan 2026

The Enforcement Directorate (ED) has filed a chargesheet against the promoter of a Gurugram-based real estate firm in connection with a Pradhan Mantri Awas Yojana (PMAY) housing fraud. The agency alleges that fraudulent practices were used to obtain PMAY subsidies a central government scheme intended to help low- and middle-income homebuyers purchase affordable housing. The case was registered under the Prevention of Money Laundering Act (PMLA) after initial investigation revealed financial irregularities and diversion of funds linked to the alleged misuse of subsidy benefits. Assets linked to the promoter have reportedly been attached as part of the investigation, and the matter is now proceeding through legal processes.Read more

14 Jan 2026

The Punjab government has introduced regulatory changes to make property registration in cooperative housing societies more affordable and legally secure. The reforms address long-pending issues of unregistered properties and unclear ownership by offering stamp duty exemptions for original allottees and their legal heirs. Time-bound concessional stamp duty rates have been announced for subsequent buyers to encourage formal registration. In addition, a statutory cap has been placed on transfer fees charged by societies. The measures aim to protect buyers, reduce disputes, and strengthen legal ownership while ensuring lawful revenue for the state.Read more

Kolkata News Desk

14 Jan 2026

Kolkata's real estate developers are urging the government to leverage the upcoming Union Budget to recalibrate housing policies amid rising construction and land costs. Key proposals include revising the affordable housing definition, adjusting GST on under-construction properties, enhancing tax benefits for homebuyers, and streamlining approvals. Industry leaders highlighted the importance of supporting mid-income housing, integrated townships, and rental projects. They believe that consistent policy support and urban infrastructure investment could revive demand, accelerate project execution, and attract long-term capital, fostering sustainable growth in eastern India's property market.Read more

14 Jan 2026

ASK Property Fund has invested INR 340 crore in a portfolio of three residential projects being developed by Mantra Group, strengthening its exposure to the Mumbai and Pune housing markets. The investment will support the acquisition of two projects through the NCLT resolution process, while also providing funding for an ongoing residential development. A portion of the capital will be used to settle outstanding dues of financial creditors, with the remaining amount allocated towards working capital requirements to ensure timely execution. The transaction reflects sustained institutional interest in residential real estate, particularly in projects with resolution-led acquisition opportunities and established urban demand across Maharashtra's key housing markets.Read more

14 Jan 2026

India's luxury housing market took a notable step forward as Investor Home Solutions (IHS) brought together over 2,000 high-net-worth investors at an exclusive branded residences investor meet in New Delhi. Held at Yashobhoomi, the event focused on ultra-luxury and branded residential developments, highlighting their emergence as a distinct investment asset class. The meet emphasised investment trends, global standards, and long-term value rather than conventional property sales. IHS said it is targeting INR 5,000 crore worth of ultra-luxury home transactions in Gurugram this year, reflecting strong investor interest. Discussions revealed a growing preference for brand-backed assurance, asset credibility, and globally benchmarked living. The event underscored rising demand for branded residences in India's premium real estate landscape.Read more

14 Jan 2026

Suraksha Group has completed nearly 6,000 homes at Jaypee Infratech's Wish Town township in Noida, marking a major milestone after taking over the stalled projects through the insolvency process in 2024. The developer has finished construction of 5,989 residential units across 63 towers. Occupancy Certificates have already been received for 31 towers covering over 3,100 homes, while applications for the remaining towers are under process. The company has committed to completing around 20,000 delayed homes across Jaypee projects within four years. The progress brings relief to long-waiting homebuyers and signals steady revival of one of NCR's largest stalled residential developments under the resolution framework.Read more