The cumulative value of real estate transactions in Oman reached RO1.593 billion by the end of July, reflecting a year-on-year decline of 7.9 per cent. Despite this dip, the sector has shown notable resilience, supported by investor confidence, ongoing development projects, and government initiatives aimed at sustainability. While activity has slowed in some segments, demand in residential and commercial assets has provided balance. Analysts indicated that the market remains fundamentally strong and continues to adapt in line with the country's broader economic diversification strategy.Read more

The Lucknow Police have handed over most of the 293 FIRs filed against Ansal Properties & Infrastructure Ltd (APIL) to the crime branch for detailed investigation. These cases, dating back nearly two decades, involve allegations of organised fraud, forgery, land encroachment, and selling mortgaged or disputed land. The Lucknow Development Authority has claimed dues of about INR 400 crore, while RERA has registered over 2,200 complaints, with refund demands crossing INR 235 crore. The transfer of cases is aimed at ensuring a fair and consolidated probe into one of Uttar Pradesh's biggest real estate controversies.Read more

The Toronto housing market showed signs of slowing as home sales in the Greater Toronto Area fell for the first time in five months, while prices edged slightly lower. Monthly price declines or stagnation have continued since last November, keeping affordability a key challenge for average-income households. Despite modest reductions in borrowing costs, many buyers remain cautious. New listings are growing, and experts suggest that further interest rate relief could attract more buyers to the market, which currently has a healthy supply of homes.Read more

The Central Advisory Council (CAC) under the Real Estate (Regulation and Development) Act held its fifth meeting in New Delhi to review eight years of RERA implementation. Union Minister of Housing and Urban Affairs Shri Manohar Lal Khattar launched the Unified RERA Portal, designed to create a national database of projects, enhance transparency, and share best practices across States and Union Territories. Discussions focused on stalled projects, homebuyer complaints, developers' concerns, and ways to strengthen regulatory processes. The council also recommended measures for faster dispute resolution and next-generation reforms in the real estate sector.Read more

India's real estate sector has welcomed the GST Council's recent rate rationalisation, which aims to reduce the tax burden on essential construction materials. Experts noted that lowering GST from 28% to 18% on cement and marble, and from 12% to 5% on granite blocks, will reduce housing costs and benefit homebuyers. Industry leaders highlighted that while construction materials form a portion of total project costs, the reforms are expected to make homes more affordable, stimulate demand, and encourage developers to accelerate projects, particularly ahead of the festive season.Read more

The New Town Kolkata Development Authority (NKDA) has announced measures to curb illegal waste dumping on vacant plots. Fines will range from INR 1,000 to INR 1 lakh, and warning boards will be displayed across affected sites. A dedicated helpline will address complaints regarding construction and demolition (C&D) waste, particularly in high-activity areas like Action Area II and III. NKDA teams will promptly respond to complaints during office hours to ensure proper waste collection. The move aligns with previous efforts by the Bidhannagar Municipal Corporation to maintain cleanliness and public health.Read more

Brisbane has recorded its strongest wave of apartment completions since 2018, with over 1,900 units finalised earlier this year and more than 1,250 due for completion before year-end. According to a recent JLL report, the city has already surpassed any single year's delivery in the past five years, marking a turning point for its residential supply pipeline. This revival follows a period of sluggish development activity, and industry analysts suggest it could help ease mounting demand pressures across Brisbane's urban housing market.Read more

Trevian's autumn market review highlighted that Finland's property sector is witnessing a strong recovery, with investment activity increasing and international interest on the rise. The residential market has become a key driver despite elevated construction costs, while commercial investors are focusing on prime properties with long-term stability. Competitive yields, eased lending terms, and Finland's reputation as a safe operating environment have further strengthened market confidence. Opportunities in well-located assets are expected to remain attractive in the coming months.Read more

The Bombay High Court has directed residents of Motilal Nehru Nagar CHS, an SRA project in Bandra-Kurla Complex, to undo unauthorised alterations within four weeks. The order follows an SRA notice flagging violations such as extra floors inside flats and conversion of common areas into kitchens, banquet halls, and party spaces. The court stressed that no authority can regularise such illegal construction, citing a 2024 Supreme Court ruling that declared such acts "incurable illegality." While residents' counsel assured cooperation, judges warned of immediate enforcement if compliance is delayed. The ruling reinforces strict adherence to SRA housing rules and curbs commercial misuse.Read more

The Bombay High Court has directed 11 dissenting residents of the Deepanjali and Pushpanjali Cooperative Housing Societies in Vasai (West) to vacate their structurally unsafe homes within 15 days, enabling demolition and redevelopment. The Vasai Virar Municipal Corporation had already classified the four buildings as dangerous, a finding confirmed by a technical committee. Of the 113 residents, most supported redevelopment, but a small group objected. The court ruled they may pursue their objections legally but cannot stall demolition, adding that police assistance may be sought if evacuation is resisted.Read more

Mumbai's property market recorded 11,230 registrations in August 2025, down 3% year-on-year and 11% from July, reflecting a modest seasonal slowdown. Residential sales dominated with 80% of registrations, and smaller homes under 1,000 sq ft accounted for 85% of transactions. Properties priced below INR 1 crore gained traction, rising to 48% of sales from 44% last year, while mid-segment units (INR 2-5 crore) dipped slightly and luxury homes held steady at 6%. Stamp duty collections stood at INR 1,000 crore, 6% lower than August 2024. Still, January-August saw nearly 100,000 registrations and INR 8,854 crore revenue, up 11% year-on-year, showing sustained buyer confidence.Read more

The Telangana Real Estate Regulatory Authority (TG-RERA) has ordered Vasavi Realtors LLP to compensate buyers for delays in handing over flats at the Vasavi Lake City project in Hafeezpet, Hyderabad. The developer must pay 10.8 % annual interest from March 1, 2024, until possession is given to 23 homebuyers, many of whom paid around INR 1 crore each. Complaints included late possession, lack of communication, and changes in flat specifications. The regulator rejected claims that Covid-19 was responsible, as agreements were signed after the pandemic. TG-RERA also asked the builder to complete the project within statutory timelines.Read more

The Karnataka Housing Board is planning a 772-acre development near the ITIR in Devanahalli, aiming to meet increasing demand with residential plots and affordable housing for low-income families. Spread across five villages Vishwanathapura, Vajarahalli, Beerasandra, Shanappanahalli and Managondanahalli the plan involves giving landowners half the developed land instead of cash, with their agreement required. A previous attempt to acquire 1,777 acres was dropped after farmers spoke out. Rising land rates after Foxconn's iPhone facility announcement highlight the urgency, while concerns about loss of fertile land remain.Read more

Shah Rukh Khan has rented two duplex apartments in Mumbai's Pali Hill while his residence, Mannat, undergoes renovation. The lease, signed with the Bhagnani family, is valued at INR 8.67 crore over three years and provides him about 10,500 sq ft of space. Around the same time, Kriti Sanon purchased a duplex penthouse in the Supreme Prana project in the same neighbourhood. Her apartment, spread across the top two floors, is priced at INR 78.2 crore and comes with six parking spots. The article also outlines the differences between duplex and standalone apartments.Read more

Santosh Agarwal, CFO & Executive Director, Alpha Corp Development Limited

Non-Resident Indians (NRIs) have emerged as a driving force in India's real estate sector, moving from emotion-led investments to data-driven and strategic decisions. Delhi-NCR is becoming a preferred hub, with Gurugram leading in luxury and premium projects. Government reforms, relaxed FDI rules, RERA-led transparency, and favourable currency exchange have strengthened confidence. Technology, REITs, fractional ownership, and portfolio diversification are further expanding opportunities for NRIs across the sector.Read more

Puravankara, through its subsidiary, has obtained redevelopment rights for a housing society in Malabar Hill, one of South Mumbai's prime neighbourhoods. The society spans 1.43 acres and offers a development potential of about 0.7 million sq ft. The project carries a gross development value (GDV) of INR 2,700 crore. This acquisition comes shortly after the company's Chembur redevelopment win and builds on its earlier Breach Candy project. Together, these developments increase Puravankara's Mumbai portfolio to 4.25 million sq ft with an overall GDV potential of INR 10,500 crore.Read more