09 Jan 2026

The government-backed SWAMIH fund has enabled the completion of more than 61,000 homes in stalled residential projects across India up to mid-December last year. Spread across 110 projects in around 30 cities, the initiative has primarily supported affordable and mid-income housing developments that were stuck due to funding and execution challenges. With investments exceeding INR 37,400 crore across 127 projects, the fund has helped restore buyer confidence, supported employment generation, and contributed significantly to government revenues through taxes and duties.Read more

09 Jan 2026

Atul Agnihotri's real estate firm, Shivansai Homemaker Infra LLP, has secured the redevelopment rights of the 60-year-old Palimala Cooperative Housing Society in Bandra, Mumbai. The project involves 11 members and includes a significant increase in apartment sizes, along with structured financial compensation during the construction period. The agreement was formally registered with a token payment and stamp duty. Members will receive upgraded homes with modern specifications once redevelopment is completed, in line with Mumbai's ongoing push to renew ageing residential societies.Read more

Mumbai News Desk

09 Jan 2026

A rare heritage, sea-facing bungalow in Mumbai's upscale Juhu neighbourhood has hit the market with an asking price of INR 250 crore, underscoring strong interest in ultra-prime coastal real estate. Named Leela, the property spans a 14,858 sq ft plot with about 8,480 sq ft of built-up area, and features six bedrooms, multiple living spaces, sea-facing balconies and a large terrace with panoramic sea views. Built in the 1950s in Art Deco style, the bungalow is listed as a Grade IIB heritage property, offering both architectural legacy and redevelopment potential under city regulations. Owned by the Nanavati family, the listing has attracted interest from developers and high-net-worth buyers, reflecting continued demand for iconic and scarce residential assets in Mumbai's luxury segment.Read more

Mumbai News Desk

08 Jan 2026

Promoters of Mumbai-based pharmaceutical firm Ideal Cures, Suresh Pareek and Veena S Pareek, have acquired two adjoining luxury apartments in Worli for a total of INR 190.1 crore. The units, located on the 43rd floor, have a combined RERA carpet area of around 12,114 sq ft and include 10 dedicated car parking spaces. Each apartment comes with spacious balconies and terraces. The purchase, registered late last month, reflects continued interest from business families in large-format premium homes despite limited new supply and high pricing in central Mumbai's luxury real estate market.Read more

08 Jan 2026

Karnataka Real Estate Regulatory Authority (K RERA) has moved to make it mandatory for developers to clearly specify parking slot details in both allotment letters and sale agreements for residential projects. Builders will now have to disclose the exact slot number, type, dimensions, and precise location according to the approved parking plan. The step follows repeated complaints from homebuyers about unclear or inconvenient parking allocations. The directive is expected to reduce disputes, improve transparency, and ensure buyers are fully aware of parking arrangements before completing transactions.Read more

07 Jan 2026

Housing sales across eight major Indian cities showed limited growth last year, totaling over 3.48 lakh units, according to Knight Frank India. While sales remained mostly stable, average prices increased significantly, reaching up to 19 per cent in some areas. Cities like Chennai and Hyderabad reported sales growth, whereas Delhi-NCR and Pune experienced declines. Falling home loan rates, economic growth, and lower inflation helped sustain demand. NRIs now contribute 12-15 per cent of housing sales, a sharp rise from a decade ago, reflecting their growing role in the market.Read more

07 Jan 2026

Lodha Developers reported a robust performance in the third quarter of FY26, with sales bookings rising 25 percent year-on-year to INR 5,620 crore, supported by sustained demand for residential properties. The company also recorded healthy quarter-on-quarter growth, reflecting continued buyer confidence across its housing portfolio. Strong collections during the quarter further reinforced operational momentum. Encouraged by consistent absorption in ongoing projects and a strong pipeline of upcoming launches, Lodha Developers reaffirmed its confidence in achieving its full-year sales target of INR 21,000 crore. The performance highlights the resilience of the residential real estate market and the developer's strong brand positioning across key urban markets.Read more

07 Jan 2026

The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has announced plans to develop approximately 25,000 plots targeted at middle-income homebuyers in 2026, as part of a broader initiative to expand affordable housing options within the region. The programme forms one of the authority's key goals for the year, which also include finalising a comprehensive master plan, improving major road networks, accelerating key infrastructure projects and enhancing citizen-centric services. VMRDA officials said the push for housing plots is aimed at addressing growing residential demand while supporting planned urban growth. The initiative is expected to strengthen land supply for middle-income buyers amid expanding real estate markets.Read more

06 Jan 2026

Alliance City Developers Realtors Pvt. Ltd. has received MahaRERA approvals for two premium residential projects 22 Alliance House and Alliance Tanvi located in Vile Parle East, Mumbai. Although not mandated, the developer opted for voluntary RERA registration, reinforcing its commitment to transparency and customer confidence. The approvals mark a key milestone as the company strengthens its presence in one of Mumbai's most sought-after residential hubs. Both projects offer thoughtfully designed homes with modern amenities, strong connectivity, and lifestyle-focused planning. The approvals also complement Alliance City Developers broader growth plans, with three major projects scheduled for possession in 2026.Read more

06 Jan 2026

Sri Lotus Developers and Realty Ltd has secured a redevelopment project in the Lokhandwala area of Andheri in Mumbai, as disclosed earlier in the week by Reuters. The announcement reflects the company's continued focus on redevelopment work in the city's western suburbs, where it has built a strong presence over the past decade through multiple residential and commercial projects. This new engagement adds to its pipeline following a high profile IPO and other ongoing developments in premium areas like Juhu and Versova. The signing signals ongoing investor confidence in Sri Lotus's strategy and execution capabilities in Mumbai's competitive real estate market.Read more

06 Jan 2026

New Consolidated Construction Company Ltd (NCCCL) has secured a construction contract valued at INR 112.5 crore from Lodha Developers for a residential project in Alibaug near Mumbai. The mandate covers the construction of Tower 1 along with associated non-tower ancillary structures, spanning a total built-up area of approximately 7.26 lakh sq ft. Awarded through a competitive bidding process, the project is scheduled to commence around mid-January 2026 with an execution timeline of nearly 24 months. This marks NCCCL's third collaboration with the Lodha Group, reinforcing its position as a trusted construction partner for large-scale residential and commercial developments across the Mumbai Metropolitan Region.Read more

06 Jan 2026

Mumbai's real estate market posted its strongest performance in over 14 years in calendar 2025, with property registrations crossing the 1.5-lakh mark, underlining sustained end-user demand and market resilience. A total of 150,254 properties were registered across the Mumbai municipal region during the year, reflecting a 6 per cent rise over 2024. Stamp duty collections surged 11 per cent year-on-year to INR 13,487 crore, highlighting the depth of transaction activity. December maintained the momentum with over 14,400 registrations. Industry leaders attribute the robust performance to buyer confidence, stable policies, improved affordability and a wide range of housing options.Read more

06 Jan 2026

S Raheja concluded 2025 with the sale of an ultra-luxury penthouse at its Evergreen project on Perry Road, Bandra, for INR 62.81 crore. Registered on December 15, 2025, the transaction highlights sustained demand for rare, high-value residences in Mumbai's prime luxury micro-markets. The penthouse spans a RERA carpet area of 4,583 sq. ft., translating to an effective price of approximately INR 1.37 lakh per sq. ft. Acquired by members of the Singh family, founders of Alkem Laboratories, the deal underscores the continued preference among India's business elites for bespoke, low-density homes in established neighbourhoods.Read more