25 Mar 2026

The Chandigarh Housing Board has approved an increase of up to 7 per cent in restoration charges for properties resumed due to non-payment of dues or building violations. The revised structure is expected to raise charges by approximately INR 1 lakh to INR 3 lakh, depending on property category and floor, with fees now linked to prevailing collector rates. The move affects a significant number of allottees, many of whom have already received notices for unauthorised construction or structural deviations. To regain possession, property holders will be required to clear outstanding dues separately in addition to paying the enhanced restoration charges. The administration is also pursuing a parallel proposal to regularise General Power of Attorney-based property transfers to address revenue losses and improve compliance.Read more

Pune News Desk

25 Mar 2026

Supreme Universal has announced an investment of approximately INR 1,500 crore to develop a residential project in Punawale, Pune. The project, named Supreme Rivana, will be executed over 12.6 acres under a joint development agreement and will have a development potential exceeding three million sq ft. It will comprise more than 2,200 apartments across multiple phases, targeting the mid-to-premium housing segment with 2BHK, 3BHK and 4BHK configurations. The phased construction approach aligns with demand in West Pune, a micro-market witnessing sustained residential activity driven by infrastructure growth and proximity to employment hubs.Read more

24 Mar 2026

Shapoorji Pallonji Real Estate has launched Nine Arcs, a premium residential project in Santacruz East, Mumbai, featuring a 14-storey tower inspired by European neo-classical architecture. The development includes 137 residential units and 9 commercial spaces, with 2 and 3 BHK homes sized between 671 sq ft and 1338 sq ft. Located near key connectivity points like the Western Express Highway and Bandra Kurla Complex, the project offers rooftop amenities, curated retail, and private decks. Prices start from INR 2.99 crore, targeting professionals and urban homebuyers.Read more

24 Mar 2026

Paranjape Schemes Construction Ltd plans to invest around INR 700 crore to develop four residential projects in Pune as part of its expansion strategy. The projects, located in Pune West, will collectively offer around 1,400 units across 1.75 million sq ft, with an estimated revenue potential of approximately INR 1,175 crore. The launches are aligned with the festive season, traditionally a key period for housing demand in India. The company is also progressing with three large integrated township developments. The expansion comes against the backdrop of a decline in Pune's housing sales volumes in the past year, reflecting changing market conditions in the residential segment.Read more

23 Mar 2026

Mahindra Lifespace Developers Ltd has launched the first two phases of its mixed-use housing project Mahindra Rainforest located on LBS Marg in Kanjur, Mumbai. Spread across 25.47 acres, the development is positioned as one of the larger projects in Mumbai's central suburbs and is planned as an integrated lifestyle destination. The company expects the residential phases to generate a gross development value of about INR 3,000 crore. While the firm has not disclosed the investment required, it continues to expand its presence across residential and integrated developments in multiple Indian cities.Read more

23 Mar 2026

Besqab AB has completed the sale of the final apartment in its Lilla Hll residential project located in Hgersten. The development, which was launched as part of the company's housing portfolio in Sweden, has now reached full absorption with all units sold. The announcement reflects the company's steady progress in executing its residential projects and aligning supply with market demand. The sale marks the closure of this specific project, indicating successful completion of its planned residential offering without remaining inventory.Read more

23 Mar 2026

The Telangana government is set to roll out the second phase of the Indiramma Housing Scheme from April, aiming to expand housing support to more eligible families. The move follows steady progress in the first phase, where around 4 lakh houses were sanctioned and a large number are under construction. The next phase will focus on pending applicants and urban housing needs, while ensuring stricter verification and transparency. The scheme is part of the state's larger plan to provide permanent housing to nearly 20 lakh families over time.Read more

Priyanka Vig

22 Mar 2026

Homebuyers in India often make avoidable mistakes due to inadequate planning, legal oversight, and emotional decision-making. Common errors include unclear budgeting, skipping due diligence, trusting marketing promises, and ignoring long-term value. This blog outlines key mistakes Indian homebuyers make and explains how to avoid them through careful research, financial discipline, and informed choices. A structured and patient approach helps buyers protect their investment and ensures a smoother homebuying experience.Read more

22 Mar 2026

India's housing market continues to demonstrate stability despite ongoing geopolitical tensions in West Asia involving the United States, Iran, and Israel, which have contributed to rising crude oil prices globally. As India remains heavily dependent on oil imports, elevated energy costs may create short-term pressure on construction and household budgets. However, industry stakeholders indicate that such impacts are gradual and manageable, with developers adapting through cost optimisation and pricing strategies. Demand is expected to remain steady, supported by end-user focus on quality housing and favourable long-term fundamentals including urbanisation, infrastructure expansion, and policy reforms.Read more

22 Mar 2026

Hyderabad's premium residential market witnessed a significant rise in supply during 2025, with 29,187 new units added in the INR 2-5 crore segment, marking a 52% increase over the previous year, according to a report by Nklusive. North West Hyderabad accounted for the majority of supply, while average saleable prices increased 7% year-on-year to INR 7,850 per sq ft. Demand remained driven by larger home configurations, lifestyle-oriented developments, and proximity to employment hubs such as HITEC City, Gachibowli, and the Financial District. Despite a marginal moderation in absorption due to increased supply, the market continues to see sustained buyer interest from both end-users and investors, supported by infrastructure expansion and the growth of key residential corridors across the city.Read more

22 Mar 2026

Chembur is undergoing a gradual transformation as historic landmarks and former industrial sites are redeveloped into premium residential destinations. Several locations once associated with studios, factories and institutional land uses are now attracting large residential projects, reshaping the suburb's real estate profile. Developers are increasingly targeting these legacy land parcels to create high-end housing supported by improved connectivity and established social infrastructure. Areas around the Bombay Presidency Golf Club and the former R.K. Studio site have emerged as prominent examples of this transition. With redevelopment gaining pace and multiple branded developers entering the micro-market, Chembur is steadily repositioning itself as a residential destination defined by premium housing developments built around historically significant locations.Read more

22 Mar 2026

Maharashtra's registration and stamps department has achieved nearly 90% of its annual revenue target, supported by steady property registrations across the state. Collections have crossed around INR 56,000 crore against a target of INR 63,500 crore, with total registered documents already matching last year's full-year numbers. Monthly registrations have remained consistent, with a noticeable rise in recent months. Strong housing demand in key cities and increasing adoption of digital registration services have helped sustain this momentum, while industry stakeholders continue to seek stability in ready reckoner rates.Read more

22 Mar 2026

Alliance City Developers Realtors Pvt Ltd has secured the Occupation Certificate for Alliance Eternis, a standalone premium residential project located on S.V. Road in Borivali West, Mumbai. The certification enables homebuyers to initiate possession and marks the completion of a boutique development targeting upper mid-segment buyers. The project features design-led elements such as Vastu-compliant layouts, sound-insulated windows, and lifestyle amenities including a terrace sky garden and gymnasium. The developer, with over a decade of operations in Mumbai, has delivered 12 projects spanning more than 1 million sq ft and housing over 700 families. The completion aligns with its ongoing portfolio across key micro-markets such as Malad, Vile Parle, Santacruz, Mulund, and Matunga, where multiple projects are at different stages of execution.Read more

Priyanka Vig

21 Mar 2026

Choosing between ready to move and under construction homes involves balancing immediate comfort with future potential. Market data in 2025–26 show that under construction (UC) properties in many metros have risen above ready-to-move (RTM) prices, underlining strong demand and increasing construction costs. Ready homes offer immediate possession, rental income, GST exemptions and early tax benefits. Under construction homes provide lower initial costs, flexible payments and potential for capital growth. Understanding personal priorities, financial capacity and risk tolerance is key to making the right choice.Read more