The Telangana Real Estate Regulatory Authority has suspended the Jai Vasavis Bliss Heights project by R Homes Infra after finding multiple violations of statutory provisions. The authority stated that the promoter misled homebuyers during pre-launch, signed agreements before securing registration, and failed to submit essential progress and audit reports. All promotional activities have been stopped, bank accounts frozen, and the developer has been instructed to respond to the interim order.Read more

The Ghaziabad Development Authority has rolled out a new monthly grievance redressal mechanism, named RERA Samadhan Diwas, to address homebuyer complaints more directly and minimise escalation to UP RERA. The forum will convene every third Thursday at the GDA office, with its first session already seeing on-the-spot resolutions and withdrawals of cases from UP RERA. This step reflects the authority's growing accountability as a township developer under RERA and its effort to handle disputes efficiently while strengthening buyer confidence.Read more

Gaurs Group is set to invest INR 1,400 crore in a new premium residential project on a 12-acre land parcel in Sector 22-D along the Yamuna Expressway, Gautam Buddh Nagar. The development aligns with the region's expected growth, particularly with the airport nearing operational status. The company has already established a 150-acre township in the corridor and continues to seek new land for expansion. Since its inception, Gaurs Group has delivered around 75,000 residential units across 70 projects and diversified into education, sports, and solar energy, strengthening its overall presence in the real estate sector.Read more

Anjali Tendulkar, the wife of cricket legend Sachin Tendulkar, has purchased a 391 sq ft apartment in Virar, near Mumbai, for INR 32 lakh. The apartment, located in the Peninsula Heights building, was registered on May 30, 2025. This transaction highlights the continued investment in real estate in the Mumbai Metropolitan Region (MMR), with Virar being an attractive option due to its affordability and connectivity. The purchase, which included a stamp duty of INR 1.92 lakh, also saw Anjali Tendulkar benefit from a 1% concession on stamp duty as a woman homebuyer in Maharashtra.Read more

The Rajasthan High Court has issued a stay on a government order to regularize 86 unauthorized colonies in the Sanganer area. A public interest litigation (PIL) argued that the regularization would unfairly benefit a few influential people who have encroached on land that was originally acquired by the Rajasthan Housing Board (RHB). The court has now ordered the state government to remove the encroachments and return the land to the RHB. The court's decision reinforces its strict stance against illegal construction and a disregard for urban planning.Read more

Homebuyers of the Expressway Towers project in Gurugram's Sector 109 have been protesting against developer Ocean Seven Buildtech Pvt Ltd due to significant delays in possession. Despite full payments made since 2016 under the Affordable Housing Scheme, construction remains incomplete. Buyers allege fund diversion by the developer and have filed complaints with authorities. The developer claims that possession will be delivered by March 2026.Read more

Andhra Pradesh Chief Minister Shri N. Chandrababu Naidu has emphasized accelerating welfare housing schemes to provide 10 lakh homes to underprivileged citizens by March 2026. The state has already allocated over INR 2,013 crore for these projects, with additional funds needed for infrastructure development in partially completed layouts. Authorities are instructed to identify land and beneficiaries quickly and categorize projects based on urgency and progress. A significant number of homes under central schemes like PMAY-Urban, PMAY-Gramin, and PM Janman have been completed, with more expected to be handed over shortly.Read more

The Goa government has introduced the Goa (Verification of Tenants) Rules, 2025, requiring property owners to submit detailed information about tenants to authorities. Non-compliance can attract fines of up to INR 10,000. The rules are open for public feedback before finalization. This initiative is part of the Goa (Verification of Tenants) Act, 2024, aimed at enhancing security in the state, which sees a significant number of domestic and international visitors. Police and local authorities are authorized to verify tenant information to maintain public safety and prevent misuse of rented properties.Read more

The Ernakulam District Consumer Disputes Redressal Commission has directed DLF to pay compensation to a buyer for a four-year delay in handing over an apartment in Kochi's Kakkanad area. The buyer, who had cleared almost the entire cost of the flat, was also forced to make additional payments, including charges for increased area. Construction issues and unauthorized deductions from their loan account further worsened the situation. The commission identified these as clear service lapses and unfair trade practices, instructing DLF to pay interest, refund rent spent during the delay, and provide compensation for mental distress and litigation costs.Read more

The Enforcement Directorate has initiated 22 PMLA investigations following the Supreme Court's directive to elevate CBI preliminary enquiries into formal probes, targeting a suspected scheme involving builders and banks that allegedly defrauded NCR homebuyers. Builders including Jaypee, Jaiprakash, Ajnara, Vatika, Supertech, and Idea Builders, as well as banks like SBI, HDFC, ICICI, Indiabulls, and others, are under scrutiny. The probe focuses on fraud, corruption, and money laundering, aims to retrieve illicit assets, and seeks restitution for buyers burdened with EMIs despite not receiving possession all based on extensive CBI groundwork across numerous individuals and construction sites.Read more

Prime Minister Shri Narendra Modi is scheduled to visit Gujarat on August 25 and 26 to inaugurate 1,449 houses and 130 shops built under the Pradhan Mantri Awas Yojana (PMAY) in Ahmedabad. The project, which cost INR 133.42 crore, is part of the Gujarat government's Slum Rehabilitation and Redevelopment Policy and is a key step towards achieving its "Housing for All" objective. This move is expected to provide modern homes and improved facilities to families living in the Ramapir Tekra slum area.Read more

Mr. Niraj Kankariya, Director at Siddhi Buildcon

Resort-style homes are witnessing growing demand from investors in Mumbai and Pune who see them as more than just leisure assets. The leaseback model, which ensures steady rental yields with minimal involvement, has made these properties attractive, particularly after the pandemic boosted demand for short breaks and nature getaways. Locations such as Mulshi are emerging as preferred destinations, backed by improving connectivity and infrastructure. With added benefits like tax deductions, long-term family utility, and professional management, resort-style homes are becoming a sought-after investment option for both domestic and NRI buyers.Read more

The Reserve Bank of India (RBI) has put three bungalows in Lonavala up for public bidding as part of its plan to monetize non-core real estate. Once used as holiday homes for RBI staff, the properties sit on a 3,800 sq m freehold plot near Lonavala Lake and will be sold on an "as is, where is" basis. With a base price of INR 6.55 crore, bidders must submit a INR 10 lakh deposit. Cushman & Wakefield India is managing the sale, with inspections open until September 8 and bids due September 9. Lonavala's booming market continues to attract investors and second-home buyers.Read more

The Gujarat Real Estate Regulatory Authority (GujRERA) has appealed to the state Urban Development Department (UDD) for assistance in completing the halted World Trade Centre (WTC) project at GIFT City. The project, initiated in 2014-15, aimed to construct four towers; however, only two were completed before construction ceased. The project's promoter was arrested by the Enforcement Directorate on charges of real estate fraud, leaving investors' funds locked. The association of allottees has expressed its inability to complete the project, prompting GujRERA's request for state intervention. This marks the first instance of GujRERA seeking such intervention for a stalled project.Read more

Window Magic has been appointed to provide uPVC and aluminium windows and doors for the Sarojini Nagar redevelopment project in New Delhi. The plan includes building 86 high-rise GPRA towers spread over 107 acres, with more than 4,000 homes for central government employees. The project is being executed by Varindera Construction and Girdhari Lal Construction under the Central Government Residential Project framework. Alongside housing, the development will feature essential facilities such as schools, a library, a community hall, and a police station, making it a self-contained urban space.Read more

In a high-value real estate transaction, Heena Lalwani, a promoter of Aatman Innovations Private Limited, has purchased a luxury apartment in Juhu, Mumbai, for INR 113.42 crore. The 9,862 sq. ft. property, located in the prestigious Avalon Tower by Lodha Developers, was registered on August 18, 2025. This deal, along with a similar high-ticket purchase in the same building earlier this year, highlights the continued demand for luxury properties in Mumbai's prime localities.Read more