08 Oct 2025

The Navi Mumbai International Airport (NMIA), set to be inaugurated by PM Modi on October 8, 2025, marks a defining moment in India's infrastructure journey. Developed by Adani Airports and CIDCO, NMIA will boost connectivity, ease congestion at Mumbai Airport, and drive economic and real estate growth across Panvel, Ulwe, Taloja, and beyond. Supported by projects like the Atal Setu, the Alibaug-Virar Multimodal Corridor, and the new metro and rail links, the region is transforming into a high-potential investment hub. Experts expect property prices to rise 20-25% in key micro-markets, cementing Navi Mumbai's position as India's next major urban and real estate powerhouse.Read more

08 Oct 2025

Home sales in the Greater Toronto Area (GTA) reached an eight-month peak in September, with 5,765 units sold, marking a 2% month-over-month increase and the highest since January. Despite rising sales, home prices softened slightly to CAD 971,500 (USD 695,668), continuing a trend of flat or declining prices since November last year. Year-over-year, sales grew 8.5%, new listings rose 4%, and the price index fell 5.5%. Analysts suggest that recent Bank of Canada rate cuts could ease mortgage payments and encourage further market activity.Read more

08 Oct 2025

India has inaugurated its first 3D concrete-printed rural house at the Central Building Research Institute (CBRI) in Roorkee, Uttarakhand, under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G). Built in under a week at an estimated cost of INR 1.8 lakh using eco-friendly cement mixes that incorporate fly ash and bagasse ash, the prototype offers a fast, affordable, and sustainable housing solution. Combining traditional knowledge with advanced 3D printing technology, the model provides durability, scalability, and essential amenities, setting a precedent for future rural housing projects.Read more

07 Oct 2025

Brigade Enterprises Ltd has entered into a Joint Development Agreement to build a 6.6-acre residential project in West Chennai, with an estimated Gross Development Value (GDV) of INR 1,000 crore. The Bengaluru-based company aims to strengthen its presence in Chennai, its second-largest market, through this venture. The city's real estate sector has shown consistent growth, supported by infrastructure development and demand from homebuyers and investors. The project reflects Brigade's strategy to expand its portfolio while tapping into high-growth housing markets.Read more

07 Oct 2025

Manglam Group has launched a redevelopment project, Manglam Rajanigandha, in Borivali (West), Mumbai, investing INR 100 crore on 80,000 sq ft of land. Developed through Manglam & Karnani Ventures LLP, the project is expected to generate INR 150 crore in revenue. It will offer 80 apartments, with half allocated to existing residents and half for sale. Founded in 1997, Manglam Group has delivered over 35,000 homes and operates in the hospitality sector. The project is planned for completion by mid-2026, marking the company's strategic entry into Mumbai's redevelopment sector.Read more

07 Oct 2025

The Department of Town and Country Planning (DTCP) has launched a sealing drive in Sushant Lok 2 and 3 to address unauthorized commercial activities and structural violations. Over 60 properties had been issued restoration orders, but many owners did not comply within the 10-day deadline. The drive targets homes operating businesses such as salons, guest houses, and coaching centres, as well as properties with stilt and setback violations. DTCP officials emphasized zero tolerance for repeated offenders, aiming to maintain planned development, reduce congestion, and restore residential land use discipline in licensed colonies.Read more

07 Oct 2025

Housing prices in Delhi-NCR recorded a substantial annual increase of 24 per cent during the July-September period, driven by high demand for luxury residences and well-planned lifestyle projects, according to real estate consultant Anarock. The average price in the region rose to INR 8,900 per sq ft from INR 7,200 per sq ft last year. Among seven major Indian cities, Delhi-NCR witnessed the highest growth, while Mumbai remained the costliest market. Experts attribute this rise to enhanced infrastructure, growing affluence, and changing buyer preferences prioritising quality living spaces and modern amenities.Read more

07 Oct 2025

Britain's government announced plans to streamline the home-buying process to boost the property market, aiming to cut transaction times by about four weeks from the current five-month average. The reforms would require key search and survey information to be published before properties are listed, potentially introducing binding contracts for buyers and sellers and halving the number of failed transactions. The Royal Institution of Chartered Surveyors welcomed the move, noting the current system's high costs and inefficiency. As part of its housing push, the government aims to build 1.5 million homes during the current parliament and estimates the reforms could save first-time buyers about £710 ($957). A nationwide consultation will follow.Read more

07 Oct 2025

Chandigarh has emerged as India's first slum-free city after the administration demolished Shahpur Colony in Sector 38, the last slum in the Union Territory. The colony housed nearly 1,000 residents in about 300 hutments and tenements. Over the past 12 years, the city has cleared 18 slum colonies, reclaiming nearly 520 acres of government land valued at around INR 21,000 crore. Residents eligible under the Chandigarh Small Flats Scheme, 2006, were provided EWS flats in different sectors. The city's approach combines planned rehabilitation, strategic land use, and urban development, offering a model for other Indian cities.Read more

06 Oct 2025

The Telangana Real Estate Regulatory Authority (TGRERA) recently took action against three developers for failing to complete projects on time and violating provisions of the Real Estate (Regulation and Development) Act. The penalties include fines, directives to refund homebuyers with interest for unstarted projects, and orders to execute pending sale deeds for delayed possessions. These cases involved projects in Gopanpally, Ramachandrapuram, and Boduppal. The authority's steps highlight its focus on protecting consumers and enforcing strict compliance in Telangana's real estate sector.Read more

05 Oct 2025

China's housing market showed mixed trends in September, with new home prices rising slightly while resale prices continued to fall. Despite traditional buying months and multiple government support measures, the sector remains fragile. Defaults by developers have left a significant inventory of unsold and unfinished homes. Analysts suggest the market may not stabilize until 2026 or 2027, as weak incomes, unemployment concerns, and high secondary-market listings dampen demand. Reduced household wealth has limited spending, while declining business confidence further challenges the job market and economic recovery.Read more

05 Oct 2025

The UAE housing market is shifting from being driven mainly by location and price to lifestyle-oriented features. According to Property Finder data from 2024-25, residents now prioritise amenities that blend comfort, convenience, and exclusivity. Balconies, maids' rooms, central air conditioning, and covered parking rank among must-haves, while shared gyms, pools, and pet-friendly policies reflect community-focused living. Buyers lean toward premium features like private pools, waterfront views, and gardens, whereas renters prefer practical conveniences. This divide underscores the challenge for developers: catering to both long-term buyers and short-term renters. Projects aligned with these evolving lifestyle preferences are set to lead the UAE property market.Read more

04 Oct 2025

Dubai's real estate market reached a historic high in Q3 2025, posting the largest ever quarterly sales volume and the second-highest value, with 59,228 transactions worth AED170.7 billion, up 17.2% and 19.9% year-on-year respectively. Data from DXBinteract showed sales in the first nine months hit AED498.8 billion from 158,200 deals, marking a 32.3% rise in value and 20.4% in volume compared to 2024. Apartment sales led the surge, while plot and commercial transactions also grew strongly. Villas dipped in volume but prices continued to climb, with the median hitting AED1,685 per sq ft. Luxury sales stood out, including a villa sold for AED250 million.Read more

04 Oct 2025

Sri Lotus Developers & Realty Ltd. has reported a strong start to the quarter with its newly launched ultra-luxury residential projects, The Arcadian in Juhu and Amalfi in Versova, securing combined bookings of INR 130 crore within the first week. The Arcadian, with an estimated GDV of INR 700 crore, contributed INR 92 crore, while Amalfi achieved INR 38 crore in bookings, underscoring robust demand in Mumbai's premium housing segment. Chairman and MD Anand K Pandit described the response as a testament to buyer confidence and the strength of the luxury market. Building on this momentum, the company plans to launch Project Varun in Bandra in Q3 FY26.Read more

04 Oct 2025

Housing sales across Mumbai Metropolitan Region (MMR) and Pune declined during the July-September quarter, with transactions falling 17 per cent to 49,542 units compared with the same period last year, according to PropEquity. Thane recorded the sharpest fall, while Mumbai city and Navi Mumbai witnessed moderate declines. Pune also saw reduced demand. Industry body CREDAI-MCHI maintained that the drop was a temporary recalibration and expressed confidence that the festive season would restore sales momentum, backed by infrastructure upgrades and strong end-user demand.Read more

03 Oct 2025

Anurang Jain, promoter of Endurance Technologies and nephew of the late Rahul Bajaj, has acquired a luxury villa in Alibaug for INR 38.15 crore. The villa spans over 5,600 sq ft within the 100-acre Alibaug Townhouses project by Lodha Developers and includes four car parking spaces. The transaction was registered with a stamp duty of INR 1.33 crore and a registration fee of INR 30,000. Alibaug is witnessing growing interest from high-end developers, including Emaar India, Oberoi Realty, and Hiranandani Communities, indicating rising luxury real estate activity in the region.Read more

03 Oct 2025

Australia's housing market has recorded its fastest growth in a year, driven by interest rate cuts, limited listings, and strong buyer demand. National home prices rose 0.8% to a record A$857,280 (USD 565,462), with Brisbane and Perth seeing the largest gains. Growth has shifted to the middle of the market as borrowing capacity improves. Recent government policies allowing first-home buyers to enter the market with minimal deposits, coupled with a tightening rental sector, suggest sustained upward pressure on prices. Despite steady rates, economic uncertainty and inflation remain factors influencing future market trends.Read more

03 Oct 2025

Karnataka has amended its Rent Control Act, 1999, decriminalizing rental disputes while introducing steep fines for violations such as unauthorized subletting, illegal eviction, and failure to register real estate agents. Tenants who sublet properties without consent may face fines up to INR 50,000 or double the rent received. Landlords evicting tenants unlawfully face similar penalties. Real estate agents not registering with rent controllers are now liable for daily fines. The changes, aligning with the Jan Vishwas Act, 2025, empower rent controllers to adjudicate disputes and aim to reduce judicial burden.Read more

Mr. Bhadresh Shah, Managing Director, Today Group

03 Oct 2025

Mumbai continues to redefine its urban landscape, and the emergence of Third Mumbai, also known as Mumbai 3.0, signals a significant transformation in the luxury residential market. Spread across the Raigad district under the Karnala-Sai-Chirner (KSC) New Town project, the region integrates smart urban planning, luxury living, and strategic infrastructure. With connectivity improvements such as the Mumbai Trans Harbour Link, the upcoming Navi Mumbai International Airport, metro extensions, and water transport routes, Third Mumbai offers both high-end residential and affordable housing. The district also aims to host innovation-driven hubs, creating a self-sustained urban ecosystem that combines convenience, prestige, and modern lifestyle aspirations.Read more

02 Oct 2025

Bollywood actor Pankaj Tripathi, along with his wife Mridula and daughter Aashi, has purchased two apartments in Mumbai's Andheri West and Kandivali West areas for a combined total of INR 10.85 crore. The first property, in Seabliss, Andheri West, spans 2,372 sq ft and was bought by Pankaj and Aashi for INR 9.98 crore. The second, in Aashapura Heritage, Kandivali West, measures 425 sq ft and was purchased by Mridula and Aashi for INR 87 lakh. Both transactions included stamp duty and registration charges and were finalized in July and early September.Read more