The New Town Kolkata Development Authority (NKDA) has issued legal notices to 13 homeowners for running commercial establishments such as guest houses, restaurants, private offices, kitchens, and pre-schools without proper approvals. Officials pointed out that several of these properties posed serious fire hazards and involved modifications to sanctioned building plans. This action follows earlier notices to other property owners and reflects NKD's effort to enforce zoning and building regulations. Authorities have warned that further violations could lead to fines, closure, or revocation of occupancy certificates.Read more

Ashtech Group, known for construction materials and infrastructure projects, is entering real estate with a luxury housing development in Greater Noida valued at INR 1,800 crore. The project will be built on a 5.6-acre plot acquired for INR 300 crore. Leveraging its experience in fly ash bricks, RMC, AAC blocks, and large-scale infrastructure, the company plans to launch the first phase soon. After reporting a turnover of INR 500 crore last fiscal, Ashtech aims to expand its property portfolio amid a strong post-pandemic real estate market with rising prices and land costs.Read more

Bengaluru East City Corporation (BECC) is set to begin inspections of unauthorised paying guest accommodations (PGs) and hostels from 12?November. A report revealed that out of 1,452 PGs in the BECC area, many operate without trade licences or fail to meet fire and hygiene standards. Health officers will act as nodal supervisors for zone-wise inspection teams, checking compliance with residential zoning rules under the Greater Bengaluru Authority Act, 2024. The drive aims to ensure safety, proper licencing, and responsible operation of shared-living establishments.Read more

Dubai's ultra-luxury real estate market is witnessing a fresh approach with fam Properties' AED3 billion Nordic by fam portfolio, which introduces a build-first strategy rather than relying on off-plan sales. The concept, centred on Scandinavian minimalism, craftsmanship, and understated design, aims to set a new benchmark in Dubai's high-end housing landscape. With the first two villas already sold and several more under development across Al Wasl and Meydan, the initiative reflects a shift towards simplicity and tangible value in a market that has seen over AED140 billion worth of ultra-luxury launches in five years.Read more

The Karnataka Real Estate Regulatory Authority has ruled that the Bangalore Development Authority (BDA) must be treated as a promoter under RERA and must register the Nadaprabhu Kempegowda Layout within two weeks. The order follows complaints from allottees who paid in full years ago but are still waiting for plots that lack basic amenities such as roads, water, sewerage, drainage and electricity. Buyers also said the BDA collected excess advance payments and took full amounts before development, violating RERA norms. Although the BDA argued it is a statutory planning body, the regulator held that any public authority selling developed plots is a promoter under the law.Read more

Home prices in the UK climbed once again this month, with the average property now costing GBP 299,862 after a 0.6 % monthly rise, the strongest since January. Annual growth reached 1.9 %, beating forecasts. Despite the increase, affordability remains a concern even as more mortgages are being approved. Regional variations were notable: prices slipped in London but surged by 8 % in Northern Ireland. The market appears to be holding up well despite looming tax-policy changes and rate-cut speculation.Read more

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved six new real estate projects across five districts of the state, involving a total proposed investment of around INR 863.94 crore. The projects, located in Bareilly, Kanpur Nagar, Noida, Lucknow, and Varanasi, will collectively add nearly 1,470 residential and commercial units. Most of these are residential developments, while the projects in Lucknow and Noida are commercial. The initiative is expected to generate local employment and stimulate growth in allied industries.Read more

Home sales across the Greater Toronto Area dropped to a four-month low earlier this week as economic uncertainty and cautious buyer sentiment weighed on the market. Seasonally adjusted transactions declined by 2.3 % from the previous month, while the region's home price index edged up by 0.2 % month-on-month. Despite the marginal price recovery, overall prices remained nearly 5 % below the figures recorded a year earlier. An increase in new listings by 2.7 % year-on-year indicated improving supply conditions but limited buyer confidence.Read more

The Supreme Court of India has directed the formation of a one-member independent committee to examine a long-pending housing project in Greater Noida, near Delhi. The project, allotted in 2004 to Golf Course Sahkari Awas Samiti (earlier JP Greens Employees Sahkari Awas Samiti) by the Greater Noida Industrial Development Authority (GNIDA), has left hundreds of allottees waiting nearly two decades. A former judge of the Allahabad High Court has been appointed to head the committee, which must report within four months. The panel is tasked with identifying genuine allottees, restoring the lease where possible, and charting a time-bound completion strategy.Read more

Emaar India is investing INR 1,600 crore to develop Serenity Hills, a luxury residential project in Gurugram, reflecting strong demand for high-end housing. The first phase will have 997 apartments across seven towers on 15 acres, with construction expected to start soon and completion in five years. Unit prices range from INR 3 crore to INR 5.7 crore. Designed with quality, greenery, and sustainability in mind, the project is part of Emaar India's 12.5 million sq ft portfolio. The company is also exploring strategic partnerships with major Indian business houses.Read more

VK Paul, NITI Aayog member, called for a collaborative effort between the government and private sector to develop an affordable home care model for seniors. He suggested combining traditional medicine with telemedicine and technology for comprehensive care at home, including sensitivity to women's health. Affordability was highlighted as a key principle. Union Health Secretary Punya Salila Srivastava noted the government's goal to create a predictive and preventive health system by 2047 and cited PM-JAY, which has facilitated over 10.5 crore hospitalisations so far.Read more

Magicbricks has reported a steady increase in interest for residential properties in hill stations, with searches on its platform rising notably during the past quarter. Ooty, Rishikesh, and Dharamshala saw the strongest growth in user activity, while Dehradun, Manali, and Mussoorie recorded significant hikes in quoted property prices. Despite a marginal dip in listings, demand remained robust, particularly within the INR 30 lakh-INR 1 crore range.Read more

Earlier this week, the Navi Mumbai Municipal Corporation (NMMC) directed all owners of buildings aged over 30 years to carry out structural audits through registered engineers and submit reports confirming their safety. A recent civic survey identified 513 structures as dangerous under the Maharashtra Municipal Corporation Act. Property owners who fail to comply by March 2026 could face fines of up to INR 25,000 or the equivalent of their annual property tax, whichever is higher, along with potential evacuation orders.Read more

The Supreme Court recently highlighted significant gaps in India's property registration system, noting that disputes over immovable property make up around two thirds of civil cases. It asked the Law Commission to examine blockchain technology for secure and tamper?proof land records, integrating cadastral maps, survey data, and revenue records. In a separate development, the NCLAT set aside insolvency proceedings against Mahagun India Pvt Ltd, emphasizing project-specific review and due process, which impacts thousands of homebuyers and ensures developers and lenders can address defaults fairly.Read more

Signature Global, a leading real estate developer, hosted its DXP WellFest at DXP Estate, Sector 37D, Dwarka Expressway, Gurugram, earlier this week. The wellness event aimed to strengthen the developer's vision of fostering a holistic community environment. Renowned actor and philanthropist Sonu Sood inspired participants to adopt fitness and mindfulness as integral parts of everyday life. The fest also featured fitness sessions by Tagra Raho, nutrition experiences by FITTR, and various wellness activities, reaffirming Signature Global's commitment to promoting healthy, community-driven living.Read more

Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a hybrid hearing system, allowing parties in disputes to attend either physically or via video-conference. The move follows directions from the Bombay High Court emphasizing that digital-only hearings cannot replace access to justice. Virtual hearings are recorded, and all orders are timestamped and published online. While simple cases are increasingly handled digitally, complex matters continue in person. The change aims to improve efficiency, transparency, and convenience, reducing travel and delays for homebuyers and developers across Maharashtra.Read more

A new report by ANAROCK Group indicates that in the top seven Indian cities housing sales value is projected to increase by nearly 19 % in FY26, crossing INR 6.65 lakh crore, even though unit volumes are expected to stagnate. The rise is driven by luxury and ultra-luxury home transactions along with higher average ticket sizes. In the first half of FY26 over 1.93 lakh units were sold for a total value already exceeding INR 2.98 lakh crore about 53 % of FY25's full-year value. Cities such as the National Capital Region (NCR) and Chennai are leading, while the Mumbai Metropolitan Region (MMR) lags.Read more

The CREDAI-MCHI Thane Redevelopment Expo held recently at the Raymond Trade Show Hall drew a significant turnout from housing society members, developers, and industry professionals. The two-day event, organised to promote awareness and collaboration in Thane's redevelopment landscape, facilitated productive discussions on policy reforms, project design, and legal aspects of redevelopment. With over 2,000 attendees, the expo demonstrated Thane's growing enthusiasm for rejuvenating ageing housing societies through sustainable and community-oriented development models.Read more