31 Mar 2026

Housing sales in Delhi-NCR declined 17 per cent quarter-on-quarter to 15,985 units in the January-March period, according to data from Anarock, reflecting subdued buyer sentiment linked to global geopolitical tensions in West Asia. However, sales rose 44 per cent year-on-year due to a low base. Across India's top seven cities, sales increased 9 per cent annually to 1,01,675 units, while declining 7 per cent sequentially. In value terms, sales reached INR 1.51 lakh crore, up 6 per cent year-on-year but lower than the previous quarter. The data indicates a short-term moderation in demand despite continued strength in underlying residential market fundamentals.Read more

30 Mar 2026

The Kolkata Metropolitan Area (KMA) recorded 4,974 residential property registrations in February, marking a 63 per cent increase over the previous month, according to data from Knight Frank India. The growth reflects a rebound from a low base in January, while registrations remained marginally lower by 1 per cent year-on-year. Mid-sized apartments between 501 and 1,000 sq ft accounted for 58 per cent of total transactions, indicating a shift towards value-driven housing. North and South Kolkata together contributed around 75 per cent of activity, with Rajarhat, Dum Dum and Barasat emerging as leading micro-markets. The data covers both primary and secondary residential transactions.Read more

30 Mar 2026

Arvind SmartSpaces Ltd has entered the Mumbai redevelopment segment with a new housing society project in Santacruz, targeting a revenue potential of around INR 300 crore from the free sale component. The Ahmedabad-based developer disclosed in a regulatory filing that the project will offer an estimated saleable carpet area of 42,000 sq ft. The redevelopment aligns with the company's expansion strategy in the Mumbai Metropolitan Region (MMR), where supply of redevelopment opportunities continues to grow amid limited greenfield land availability. The project adds to the company's existing presence across key cities including Ahmedabad, Gandhinagar, Baroda, Bengaluru, MMR, and Pune, and reflects continued developer interest in unlocking value through urban redevelopment.Read more

Noida News Desk

30 Mar 2026

ASK Property Fund has exited its INR 650 crore investment in a Mahagun Group-led residential project in Noida, generating a 21% internal rate of return and a 2.1x investment multiple. The fund had deployed around INR 310 crore in 2021 to provide structured capital for the project, which has a saleable area of approximately 2.4 million sq ft. The exit also marks the closure of its INR 1,500 crore debt fund raised in 2018, which delivered an overall multiple of 1.83x. The transaction highlights continued investor interest in structured real estate financing and reflects improving liquidity conditions in select residential developments within the National Capital Region.Read more

30 Mar 2026

Brigade Enterprises Ltd has announced the launch of a new residential project, Brigade Lumina, in Bengaluru with an estimated revenue potential exceeding INR 7 billion. The development reflects the company's continued focus on expanding its residential portfolio in key urban markets. Bengaluru remains a priority market for Brigade Group due to steady housing demand and infrastructure growth. The project is expected to contribute to the company's upcoming sales pipeline and strengthen its presence in the city's competitive real estate market, where mid to premium housing demand has remained consistent.Read more

28 Mar 2026

M3M India has partnered with ONE Atmosphere to launch ONE Atmosphere Suites Corner Walk in Gurugram's Sector 73/74. The project will feature 256 fully serviced luxury suites, with operations expected to commence by the winter of 2026. Positioned as a hybrid hospitality-residential asset, the development targets business travellers and long-stay occupants, integrating managed services with residential formats. The launch marks ONE Atmosphere's entry into India and reflects growing developer interest in branded serviced living formats within key NCR micro-markets.Read more

Suhan Shetty, Industrialist and Founder of Rubics Group

28 Mar 2026

Redevelopment activity across central Mumbai is gaining momentum as younger homebuyers increasingly prioritise lifestyle-driven housing in established locations. Micro-markets such as Sion, Sewree Wadala, Parel Lalbaug and Worli are witnessing renewed interest, supported by infrastructure upgrades including metro expansion and coastal road connectivity. Data indicates a rising preference for smart homes and wellness-focused amenities, with such projects commanding price premiums. Redevelopment is enabling the conversion of ageing housing stock into modern residential developments within core city areas, offering proximity to business districts along with integrated lifestyle features. The trend reflects a shift in demand patterns, with end users seeking convenience, connectivity, and amenity-rich living environments.Read more

27 Mar 2026

Manasum Senior Living has entered into a partnership with Alt DRX India to introduce fractional ownership in senior living housing projects. The move allows retail investors to participate in real estate with a lower entry point, starting from INR 10,000. Through a tokenised digital platform, select Manasum projects across cities like Bengaluru, Mysuru, Goa, Tirupati and GIFT City will be made available for fractional investment. The company plans to list around 25 per cent of its inventory, valued at nearly INR 25 crore, aiming to widen investor access to senior housing.Read more

27 Mar 2026

The Haryana Cabinet, chaired by Nayab Singh Saini, has approved an amendment to the Affordable Housing Policy-2013, increasing allotment rates for affordable group housing projects by 10-12%The revision comes in response to rising project costs, including land, construction materials, and labour. Under the updated framework, per sq ft carpet area rates have been revised across cities such as Gurugram, Faridabad and Sohna. The policy also clarifies adjustments for ongoing applications and introduces provisions for mixed land use development across the state.Read more

26 Mar 2026

The Goa State Pollution Control Board has served a show-cause notice on the Prabhu Violetta Phase I residential complex in Vasco, Goa, citing discharge of untreated sewage and absence of mandatory operational consent. The project has been asked to explain within a week why environmental compensation amounting to INR 44.50 lakh and INR 12.50 lakh should not be imposed. The regulator has also directed the immediate cessation of sewage discharge and mandated interim arrangements for waste transport to a public treatment facility. The action follows repeated non-compliance, including earlier directions issued last year and complaints from local authorities regarding unhygienic discharge affecting surrounding areas.Read more

26 Mar 2026

Brigade Enterprises Ltd has launched a new residential project, Brigade Belvedere, with an estimated revenue potential exceeding INR 11 billion. The initial phase of the project includes two residential towers offering 773 premium housing units. The launch reflects the company's continued focus on expanding its residential portfolio amid steady housing demand in key urban markets. Brigade Group has been actively introducing new developments in recent years to strengthen its presence, particularly in the mid to premium housing segment, aligning with evolving buyer preferences and urban growth trends.Read more

26 Mar 2026

The Kerala State Housing Board (KSHB) has approved the reconstruction of a structurally unsafe residential building in Chottanikkara, near Kochi, with an estimated cost of INR 2.27 crore. The three-storeyed block, built under the Saphalyam housing scheme to accommodate 24 families, became uninhabitable within a few years due to serious construction defects. The decision follows intervention by the High Court after residents were relocated to rented accommodation funded by the local body. Authorities found lapses in construction quality and supervision, including improper use of materials. The existing structure will be demolished and replaced with a concrete building, with planning already underway in coordination with local panchayat officials.Read more