The Maharashtra government has introduced a revised occupancy certificate amnesty scheme to resolve long-pending OC issues affecting nearly 20,000 buildings in Mumbai. Announced by Deputy Chief Minister Eknath Shinde, the move is expected to benefit over 10 lakh residents who have faced double property taxes, limited loan access and lower resale values due to missing certificates. The scheme allows penalty-free applications for six months, with reduced charges thereafter, and offers concessions on regularisation premiums. Residents will also gain full redevelopment rights, while hospitals and schools in unauthorised structures will receive relief. The government plans to extend similar measures to other cities, aiming to ease legal hurdles and stabilise Mumbai's housing market.Read more

Ajmera Realty has made a strong entry into Mumbai’s Vikhroli micro-market with the launch of Phase 1 of Ajmera Solis, recording around INR 427 crore in day-one sales. The project saw 81% of its launched inventory sold, with 324 homes booked across 1BHK, 2BHK and 3BHK formats. Located along the Eastern Express Highway, the development offers easy access to key business hubs and unobstructed views of mangroves, hills and the city skyline. Backed by its first private equity partnership, the project is financially closed and positioned for fast execution. Ajmera Solis also stands out as a Triple Net Zero certified development, combining sustainable design with mid-segment pricing.Read more

The Punjab Governor has reviewed key housing and development projects in Chandigarh, signalling a push to speed up urban expansion and strengthen residential infrastructure. Officials shared progress updates on ongoing housing schemes, civic works and township developments, while the Governor stressed the need for timely approvals, quicker execution and adherence to environmental and planning norms. He also sought detailed plans and realistic timelines for upcoming projects. Authorities assured that bottlenecks related to clearances, connectivity and compliance were being addressed. The review aims to boost confidence among homebuyers and developers, promising faster project delivery, improved amenities and a more responsive regulatory environment in Chandigarh.Read more

Delhi’s Chief Minister has announced the redevelopment of EWS housing flats in Bhalswa and Jahangirpuri, aiming to transform the ageing clusters into a model settlement. The plan focuses on rebuilding substandard structures and providing modern, well-designed homes supported by safer infrastructure, better amenities and improved neighbourhood layouts. Residents have long faced issues such as poor maintenance, overcrowding and inadequate facilities, making the proposed overhaul a significant step toward better living conditions. The upgraded flats are expected to offer improved ventilation, open spaces, sanitation and connectivity. If executed transparently and on time, the project could uplift thousands of low-income families and set a benchmark for future public housing renewals.Read more

JKRERA is launching a unified single-window system for approvals, registrations, and oversight of real estate projects across Jammu & Kashmir. Projects above 500sqm or with more than eight apartments must register before advertising or commencing construction. District enforcement cells will monitor compliance. Non-compliant promoters may face fines or imprisonment. The housing and urbandevelopment department has ordered all new and ongoing projects to register under JKRERA before work begins. The initiative aims to reduce delays, bring clarity, enforce regulations and curb unplanned growth.Read more

Dasnac has unveiled plans to invest about INR 2,000 crore in Dasnac Westminster, a new luxury residential project in Noida. Spread across a 1.94-acre corner plot, the development will feature 264 premium apartments designed with private lift lobbies, wellness-focused amenities and open views. With a total project cost of nearly INR 2,500 crore, the company positions this as a long-term commitment to Noida's growing high-end housing market. The project is already attracting interest from HNIs, NRIs and Gulf-based investors, driven by rising demand and improving local infrastructure. Construction timelines and approvals are being finalised, supported by Dasnac's established presence in Delhi-NCR.Read more

Palm Hills Developments is targeting over USD 7 billion in sales from its first UAE project, Saadiyat Shores, which spans 1.87 million square metres in Abu Dhabi and will cost around USD 5.4 billion to develop. Construction is planned for April or May 2026, with deliveries expected three to three-and-a-half years later. The company is securing financing from UAE banks and exploring additional projects in Abu Dhabi and Dubai. Beyond the UAE, potential developments in Riyadh and Jeddah indicate a wider Gulf expansion strategy.Read more

The National Green Tribunal's Western Zone Bench has ordered an immediate halt to construction at a residential project in Baner after a neighbouring housing society complained of dust, noise and improper waste handling. The Tribunal reviewed a recent Maharashtra Pollution Control Board (MPCB) inspection, which flagged missing acoustic barriers, poor storage of raw materials, lack of controlled areas for cutting and grinding, and failure to follow construction-waste rules. Noting that earlier MPCB directions had not been effectively enforced, the NGT directed the Board to act on the developer's reply and ensure no work resumes until proper pollution-control measures are in place. The main case will be heard in April.Read more

A recent Kochi order has directed a residential flat-owners association to replace its uniform maintenance fee with a size-based system, requiring charges to be calculated in proportion to each unit's floor area. The ruling followed complaints that flat-rate billing was unfair in a building with differently sized apartments, as smaller-unit owners were effectively subsidising larger ones. The association must now revise its maintenance structure, present audited area data and communicate the updated charges transparently. The decision promotes equitable cost-sharing and may prompt other housing societies in Kochi to reassess their billing practices. It could also influence buyer preferences toward communities with fair, size-linked maintenance policies.Read more

Karnataka's real estate regulator has urged homebuyers not to accept substandard or incomplete work from developers, stressing that doing so weakens their rights and allows poor practices to continue. The warning comes amid rising complaints about delays, inferior finishes and deviations from promised specifications. The authority reminded buyers that developers are legally required to meet quality norms, deliver as per approved plans and honour contractual commitments. Buyers have been advised to thoroughly inspect units before possession and formally document any defects to strengthen future claims. The message signals stricter regulatory expectations, pushing developers to improve execution, quality control and transparency to avoid complaints and enforcement action.Read more

The Centre has approved more than 1.11 crore homes under the Pradhan Mantri Awas Yojana, with a significant share already delivered to beneficiaries. Nearly 1.10 crore homes have been grounded and about 95.54 lakh have been completed. A 2020 survey showed that around 6.5 crore people continue to live in slums across India. While the Centre funds PMAY-Urban and its updated PMAY-U 2.0 version, states and Union Territories handle land, slum rehabilitation and relocations. Most of the INR 2.05 lakh crore central assistance sanctioned for these schemes has already been released and utilised.Read more

Embassy Developments reported a strong market response to Embassy Greenshore, its newly launched premium residential project at Embassy Springs in North Bengaluru, securing bookings worth around INR 860 crore within five days. The 14-acre development includes 878 larger-format apartments across two phases, targeting upper-mid-segment buyers seeking spacious layouts and master-planned community living.Read more

Sanghvi Realty has announced two new residential projects-Sanghvi Tirth in Andheri and Sanghvi Morya in Shivaji Park-with a combined Gross Development Value of INR 220 crore. Both sites have been demolished and are awaiting Commencement Certificates before construction begins. The firm said the locations were selected for their strong connectivity and steady end-user demand. The launches follow other recent developments such as Sanghvi Palazzo, Sanghvi Aria and Sanghvi Optima, reflecting the company's delivery-focused approach. Directors Pakshal and Shankesh Sanghvi noted that the projects reinforce the firm's commitment to Mumbai's core housing markets. Construction will commence once regulatory approvals are secured.Read more

Sanjali Bajaj has acquired a sea-view apartment in Worli for INR 66.41 crore. The 5,510 sq ft apartment includes a 430 sq ft balcony and additional podium-level parking/ancillary space of over 1,370 sq ft. The stamp duty for the mid-November transaction was INR 3.32 crore, with a price of roughly INR 1.20 lakh per sq ft. This follows earlier Bajaj family purchases in Mahalaxmi worth INR 104 crore. The acquisition indicates that demand for ultra-luxury, sea-view homes among India's wealthy remains strong and continues to define Mumbai's premium real estate market.Read more

A deadly fire at Hong Kong's Wang Fuk Court has raised questions about contractor safety and regulatory oversight. Documents reveal residents were wrongly assured that Prestige Construction had a clean safety record, despite multiple past violations. Homeowners repeatedly raised concerns over fire hazards and rising renovation costs, attempting to revoke the contract. Following the blaze, Prestige and consulting firm Will Power are under manslaughter and anti-corruption investigations. Authorities report that substandard scaffolding mesh and flammable foam boards contributed to the fire, which claimed at least 159 lives, marking Hong Kong's deadliest incident since 1948.Read more

Karnataka RERA has launched a unified single-window clearance system to streamline and speed up approvals for real estate projects across the state. Instead of applying separately to multiple departments, developers can now submit all documents through one portal, which will coordinate with the required statutory authorities. The move is designed to reduce delays, cut bureaucratic hurdles and improve transparency in the approval process. By centralising clearances, Karnataka RERA aims to provide developers with greater certainty and enable quicker project launches. Homebuyers are expected to benefit from faster delivery timelines, while regulators gain better coordination, oversight and accountability.Read more