Samsung has introduced its AI Home concept in Mumbai, bringing together intelligence across appliances, devices, and services to create a connected living space. Demonstrated at the company's flagship store in Jio World Plaza, the system shows how lights can turn on automatically when a person arrives, air conditioners can adjust to sleep mode, and washing machines can recommend the right cycles. Powered by SmartThings, it integrates Galaxy AI, Vision AI and Bespoke AI, with a focus on privacy and security. India's R&D centres play a key role in developing these innovations.Read more

Germany's home prices rose 3.2% in the second quarter, continuing a three-quarter streak of growth, though values remain 9% below 2022 levels amid high interest rates and inflation. Residential property shows signs of recovery, while office and retail spaces remain under pressure due to remote work and online shopping. Germany's property sector is a major economic contributor but has faced challenges from tighter financing and rising costs. Insolvencies have risen 33% this year, reflecting ongoing liquidity risks and highlighting the fragile state of the broader real estate market.Read more

The Supreme Court has approved the Central Bureau of Investigation (CBI) to register six new cases involving alleged fraudulent activities between banks and builders, which have impacted homebuyers in Mumbai, Bengaluru, Kolkata, Mohali, and Prayagraj. This follows earlier permissions for the CBI to probe 22 similar cases in the National Capital Region (NCR). The investigations focus on builders under the subvention scheme, where banks directly pay builders, while homebuyers may face EMI demands even before possession. The court has directed the CBI to submit reports to the appointed amicus curiae.Read more

Mahindra Lifespace Developers Ltd (MLDL), part of the Mahindra Group, has been chosen to execute two society redevelopment projects in Chembur, Mumbai, with a combined gross development potential of nearly INR 1,700 crore. Covering 2.6 and 1.8 acres in the Diamond Garden locality, the projects will deliver modern, sustainable homes with upgraded community amenities. MLDL's Chief Business Officer, Vimalendra Singh, said redevelopment is central to the company's growth strategy in high-demand areas. Well-connected to Navi Mumbai, Thane, BKC, and Powai, the sites benefit from the upcoming Diamond Garden Metro Station and improved infrastructure, positioning them strongly within Mumbai's evolving real estate market.Read more

Parsvnath Developers Ltd announced that it had partnered with Emperor Infratech to complete an integrated township spread across nearly 113 acres in Rajpura, Punjab. The development, which includes plots, group housing, commercial complexes, clubs, and schools, has all necessary licences in place. Under the arrangement, Emperor Infratech will oversee the development, marketing, sales, and maintenance, ensuring timely possession for existing buyers while managing the sale of unsold inventory. Parsvnath emphasised its focus on executing current projects, highlighting its record of having delivered 68 projects.Read more

Kerala Chief Minister is set to inaugurate two housing complexes in Mattancherry, near Fort Kochi, built to rehabilitate 394 slum-dwelling families under the Rajiv Awas Yojana. One tower, developed by Kochi Corporation at a cost of INR 41.74 crore, spans 11 floors with 199 flats, parking, lifts, a sewage plant, anganwadi, and 14 shops. The second, built by Cochin Smart Mission Ltd for INR 44.01 crore, has 195 units across 13 floors, rooftop solar panels, and 18 shops. Together, they provide compact 300-350 sq ft flats with modern facilities. Ancillary infrastructure is pending, but once approvals are cleared, families will gain dignified new homes.Read more

Hero Realty, through Vikas Parks Pvt. Ltd., has acquired 8.71 acres of land in Sector 99, Mohali, for INR 262.75 crore via a GMADA auction. The land will be developed into a new residential project, expanding the company's footprint in the Tricity market. Hero Realty already operates Hero Homes in Sector 88, where Phase 1 with 544 units is complete and handed over, Phase 2 with 650 units is under possession, and the final phase was launched last week across the 18.5-acre township. The Sector 99 acquisition underscores the developer's strategy to strengthen its residential presence in the high-demand Mohali market.Read more

The Bhendi Bazaar Redevelopment Project in Mumbai, driven by the Saifee Burhani Upliftment Trust (SBUT), is being recognised as one of India's most ambitious cluster redevelopment initiatives. Spread across 16.5 acres, it is replacing over 250 unsafe buildings with modern, sustainable towers while preserving the area's cultural and commercial character. More than 25,000 residents, most of them tenants, are being resettled as homeowners in well-planned apartments with improved amenities. The transformation extends to wider roads, green podiums, parking for thousands of vehicles, and sustainable features such as rooftop solar energy and native tree plantations.Read more

NAREDCO Maharashtra entered into a landmark Memorandum of Understanding with 41 Channel Partner associations across the Mumbai Metropolitan Region for the upcoming Realtors Conclave, part of HOMETHON Property Expo 2025. Supported by Hiranandani Communities and Labdhi Lifestyle, this initiative unites over 35,000 channel partners, aims for INR 25,000 crore-plus in sales, and introduces a first-ever International Pavilion showcasing premium global real estate projects to Indian investors and buyers.Read more

Bengaluru-based Catena Homes India Pvt Ltd is under investigation for allegedly defrauding tenants and homeowners of nearly INR 25 crore through fraudulent leasing practices. Police have registered seven FIRs across areas including Varthur, Parappana Agrahara, and Electronic City. Three individuals-Naveen, Raman, and Ranjith-have been arrested, while director Vivek Keshavan remains absconding. Complaints say tenants paid large sums for rentals only to find owners unpaid or properties unavailable. Authorities estimate 70-80 people may be affected, with cases likely to be handed over to the CID. The scandal highlights risks in Bengaluru's property management sector and the need for stronger oversight to protect tenants.Read more

A special court in Mumbai has issued summonses to Prathamesh Developers, its partner Pravin Raut, and Jitendra Mehta of Mehta Developers in connection with the Patra Chawl redevelopment project. The Enforcement Directorate (ED) has charged the accused with money laundering, alleging they diverted funds and sold Floor Space Index (FSI) rights, instead of constructing flats for the tenants. The case involves financial irregularities in the redevelopment of the 47-acre Patra Chawl in Goregaon, which was intended to provide homes to 672 tenant families.Read more

The Uttarakhand High Court has upheld a RERA order requiring Paratus Real Estates to deposit half of the penalty amount before filing its appeal, rejecting the promoter's request to limit the deposit to thirty per cent. The order followed RERA Dehradun's directive to refund two homebuyers with accrued interest for delays in project delivery. The court clarified that the legislation must be interpreted strictly to safeguard consumer rights, thereby reinforcing the accountability of real estate developers under Indian regulatory law.Read more

The Goa government has decided to regularise residential plots allotted under the 20-Point Programme for economically weaker sections. District collectors in North and South Goa are now authorised to issue Class I sanads directly, simplifying the process for beneficiaries. Plots with dwellings will be converted to Class I occupancy after payment of a premium, while vacant or unutilised plots will revert to the government. This move addresses longstanding challenges related to legal clearances, occupancy classification, and access to financial assistance for allottees.Read more

The Haryana Real Estate Regulatory Authority (HRERA) has directed Sarv Realtors to return INR 41.6 lakh with 11.1 percent interest to a couple who were denied timely possession of a 3BHK flat in Supertech Hues, Sector-68. The property was booked in 2014 under a possession-linked plan, with delivery due by 2017, yet the project remained incomplete well beyond the contractual deadline.Read more

Mumbai is witnessing one of its largest urban transformations, with redevelopment emerging as a central force behind the city's housing supply. Old cessed buildings and ageing societies are being replaced by modern high-rises that offer safety, sustainability, and lifestyle upgrades. Policy incentives, developer interest, and strong demand are driving projects across South Mumbai, Central areas, and the suburbs, despite regulatory hurdles, rising costs, and civic pressures. Experts underline that transparency, discipline, and timely execution are key to building trust and unlocking value.Read more

Dubai's property investors were advised not to base their decisions only on forecasts of price corrections linked to new housing supply. Analysts such as Fitch and Moody's recently suggested a possible 15% decline in values by the end of this year or early next. However, fäm Properties' CEO Firas Al Msaddi highlighted that the market is far more complex, urging investors to track broader indicators like demand, sales activity, rent levels, and liquidity instead of focusing solely on scheduled deliveries.Read more