UK house prices saw a slight decline in August, falling 0.1% month-on-month, according to Nationwide Building Society. Annual growth also slowed to 2.1%, the weakest rate since mid-last year. Rising mortgage costs and stretched affordability have constrained buyers, with first-time homeowners facing payments that take up 35% of their take-home pay. While the Bank of England reduced interest rates, inflation concerns may limit future cuts. Analysts caution that potential property tax changes in the upcoming budget could further dampen market sentiment. The housing market shows signs of slowing after last year's strong growth.Read more

Mr. Harsh Jagwani, Managing Director, Notandas Realty

India's real estate market is in a robust growth phase, driven by a strong economy, a significant infrastructure push, and rising consumer buying power. According to Harsh Jagwani, Managing Director of Notandas Realty, this growth is not limited to metros but is also visible in tier-2 and tier-3 cities. With developers responding to new trends like premiumization, sustainability, and technology, the market is poised for appreciation in the next 2-3 years. This sentiment is also supported by strong demand across all segments, particularly in the undersupplied commercial sector.Read more

India is holding detailed discussions with Australia to construct one million homes, a project estimated at USD 500 billion. The proposal includes sending Indian workers to Australia, where they would be trained to meet local construction standards. To support financing, India has also approached the UAE for partnership. The initiative comes as Australia faces housing supply shortages and rising prices, which were key issues in its recent elections. Alongside this, India is advancing multiple trade deals with countries including Oman, New Zealand, the European Union, Qatar, Chile, Peru, and South Africa, while addressing US tariff challenges.Read more

Signature Global Ltd has acquired 33.47 acres of land in Sohna, Gurugram, for about INR 450 crore to develop nearly 1.8 million sq ft of housing. The land was purchased through three separate sale deeds and adds to the company's steady pipeline of projects. Signature Global, which ranked fifth nationwide in pre-sales last fiscal, continues to focus on expanding in the Delhi-NCR region. Despite a dip in first-quarter sales bookings, the company reported stronger profit growth and remains confident of meeting its guidance for this year.Read more

A NAREDCO-Knight Frank report highlighted that affordable housing supply across India's eight largest cities has fallen to almost one-third of demand in the first half of 2025. Homes priced up to INR 50 lakh are witnessing strong sales but limited new launches, raising concerns over the widening housing deficit. Industry leaders noted that while demand-side measures have been effective, urgent supply-side reforms are required to address the shortfall.Read more

Sanjeevini Group announced the launch of its luxury housing project 'The Adwaith' in Bengaluru, spread across 8.3 acres at Gunjur in the city's eastern corridor. The development comprises 668 units with a built-up area of 17 lakh sq ft, priced from INR 1.7 crore upwards. The firm expects sales worth around INR 1,200 crore from the project, which is being undertaken under a joint development model. With completion slated in about 30 months, the project is positioned in a growing micromarket with strong connectivity.Read more

The only home ever owned by screen legend Marilyn Monroe is at the center of a legal and cultural battle as its new owners seek to demolish it. The Spanish Hacienda-style house in Los Angeles' Brentwood neighborhood, where Monroe died in 1962, was purchased in 2023 for USD 8.35 million. Shortly after the sale, preservationists successfully petitioned the city to designate the property a historic landmark, halting the demolition. This ruling is now being challenged in court by the owners, who claim the home has been extensively altered and no longer holds historical significance.Read more

The Bombay High Court has directed 11 occupants of four unsafe buildings in Vasai West's Diwan and Sons Housing Enclave to vacate within two weeks, clearing the way for demolition and redevelopment. The Vasai Virar Municipal Corporation had already classified the buildings as dangerous, with a technical advisory committee confirming their poor condition. While 90% of residents supported redevelopment and appointed a builder, 11 opposed the plan. The court ruled that minority objections cannot jeopardize safety or stall majority-backed redevelopment, granting a short Ganpati festival-linked extension. If dissenting occupants fail to vacate, eviction will proceed with police assistance to ensure timely redevelopment.Read more

Haryana RERA has directed Agrante Realty to compensate buyers of its delayed Kavyam affordable housing project, after the developer failed to hand over possession despite collecting nearly the full sale amount. Acting on four complaints, the authority ordered interest payments of 11.1% per annum on sums paid by buyers, effective from the due date of possession until units are delivered. The rate, based on SBI's lending cost plus 2%, reflects market norms. Importantly, the ruling will apply mutatis mutandis to all similar cases, setting a strong precedent for accountability. The decision strengthens homebuyer protections and underscores RERA's role in ensuring timely project delivery.Read more

More than forty Apartment Owners Associations in Noida staged a collective protest against FIRs filed over accidents and disputes within their housing complexes. They argued that holding associations criminally liable for incidents such as falling planters or quarrels among residents was unjust, as these issues extend beyond their authority. The groups demanded fair investigations and a clear framework of accountability while cautioning that the agitation could intensify without government intervention.Read more

The Supreme Court on August 22, 2025, upheld a Bombay High Court verdict, ruling that a landowner has the first right among stakeholders to undertake redevelopment in a slum rehabilitation area. The court dismissed an argument from the Maharashtra government and the Slum Rehabilitation Authority (SRA) that the authority should have priority. The court's decision, which quashed a state notification for land acquisition in Mumbai's Kurla area, reaffirms the constitutional protection of ownership rights and sets a key precedent for future redevelopment projects.Read more

Delhi's luxury condominium market offers strong returns, especially in areas like Dwarka Expressway, Rohini, Moti Nagar, and South Delhi, where infrastructure growth is driving demand. For first-time buyers, financial planning is key, with down payments of 10-30% and home loans at 7-9% interest, alongside costs such as stamp duty, registration, and maintenance. Location significantly impacts long-term value, with prime hubs like Vasant Kunj, Greater Kailash, Noida, and Gurgaon offering accessibility and lifestyle benefits. Modern projects feature amenities such as clubhouses, gyms, pools, smart automation, and advanced security. Buyers are advised to ensure developer credibility, verify RERA approvals, and conduct thorough legal due diligence.Read more

The Maharashtra Real Estate Appellate Tribunal (MREAT) has ruled that MahaRERA cannot extend possession deadlines without homebuyers' approval. The ruling followed a case filed by Neha and Nitin Walavalkar, who had been waiting for their flat in the Clan City-Ruby project in Taloja since December 2017. The tribunal rejected the builder's claims of COVID-19 and infrastructure-related delays, directing payment of interest to the Walavalkars from January 2018. This decision reinforces that possession terms in agreements remain binding and cannot be altered unilaterally by regulatory authorities.Read more

New sales of single-family homes in the US have declined, highlighting continued weakness in the housing market driven by affordability pressures and subdued consumer sentiment. Although the previous month's figures were revised upwards, persistently high mortgage rates, slow wage growth and abundant housing supply have kept demand weak. Builders are lowering prices to attract buyers, but economists suggest conditions will remain challenging, particularly with labour market softening and inventories hovering near levels last seen over a decade ago.Read more

The Haryana government has waived stamp duty on residential plots up to 50 sq yards in urban areas and 100 sq yards in rural areas under housing schemes such as PMAY, Mukhyamantri Shehri Awas Yojana, and Mukhyamantri Gramin Awas Yojana. Chief Minister Nayab Singh Saini said the move will ease costs for lower-income buyers amid revised collector rates, which rose 10% in most categories and were capped at 50% where values were disproportionately high. He stressed that stamp duty percentages remain unchanged since 2008. The policy aims to provide targeted relief to genuine buyers while curbing undervaluation and black money-driven land deals.Read more

A mother and her toddler daughter were killed and nine others were injured after a portion of an "illegal" four-storey building collapsed onto an adjacent chawl in Virar, Maharashtra, early Wednesday morning. The tragedy, which occurred around 12:05 am, has left an estimated six to seven people feared trapped under the debris. The Ramabai Apartment, constructed in 2012 with 50 flats, lost a section containing 12 apartments. Rescue operations are still underway, highlighting the ongoing risks associated with unauthorized and dilapidated structures in the region.Read more

The Bombay High Court has instructed all municipal corporations across Maharashtra to immediately halt work and initiate legal action against builders found in violation of new safety norms. The court's directive follows a series of fatal accidents, including one where a rod fell from a metro construction site, and aims to enforce stringent safety protocols for high-rise buildings. The new measures, part of a report from an expert committee, are now a mandatory condition for all future building permissions, making any breach a civil and criminal offense punishable by law. This decisive action is a critical step to ensure public safety.Read more