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

CREDAI-MCHI Thane inaugurated the Redevelopment Expo 2025 at the Raymond Trade Show Hall, marking a pivotal step in Thane's real estate transformation. The event drew over 2,000 attendees, including developers and housing society representatives, to explore redevelopment opportunities. Leaders such as Sachin Mirani and Jitendra Mehta emphasised the expo's role in guiding societies through redevelopment, while Ajay Ashar noted that nearly half of Thane's housing stock is over 30 years old. The event also saw the launch of Thane Vision 2030, outlining key infrastructure plans. Officials, including MP Naresh Mhaske and Collector Shrikrishna Panchal, praised the initiative for promoting collaboration and improving urban living standards.Read more

The Ujjain Development Authority (UDA), along with the municipal corporation and district administration, demolished illegal constructions on three plots in Begambagh, each about 2,400 sq. ft., after leaseholders violated land-use terms. Originally allotted in 1985 for residential use under 30-year leases, the plots were later used for commercial purposes without renewal. Following the court's dismissal of a stay order, UDA reclaimed the land under CEO Sandeep Kumar Soni's supervision. Over 200 personnel ensured a peaceful operation. The UDA said it will continue monitoring other properties to prevent similar violations, reinforcing strict enforcement of lease and land-use regulations in Ujjain.Read more

Mumbai's Economic Offences Wing (EOW) has booked real estate developer Subbaraman Anand Vilaynur, his wife Uma Subbaraman, and B P Gangar Constructions for allegedly duping homebuyers of nearly INR 100 crore. The case was filed following a complaint by a 62-year-old chartered accountant, Anil Dron, who claimed that 102 buyers were promised flats in the "Sky 31" project in Wadala (West) since 2018. Instead of using the collected funds for construction, the accused allegedly diverted them to personal and other accounts and even sold one flat to two different buyers.Read more