The Punjab Cabinet, led by the Chief Minister, has approved the Punjab Unified Building Rules 2025, introducing a streamlined and transparent framework for urban construction. The new rules, applicable across all urban sectors, permit stilt-plus-four-floor buildings on plots of 250 sq yd and above, raising height limits from 15 to 21 metres to encourage vertical growth and optimise land use. They also unify multiple departmental regulations, simplify approvals through third-party self-certification, and relax FAR, parking, and setback norms. The framework includes provisions for EWS and affordable housing, mixed-use development, and multilevel parking. Complementary reforms include stricter de-addiction centre regulations, administrative restructuring, and stamp-duty amendments to improve governance and ease of doing business.Read more

A joint report by CII and Colliers India has indicated that housing prices are expected to appreciate between 5% and 10% annually over the next few years, fuelled by rising incomes, urban migration, and the increasing demand for premium homes. The study also projects that annual housing sales could rise significantly, while the Indian real estate market is likely to expand from USD 0.3 trillion in 2025 to as much as USD 10 trillion by 2047, supported by rapid infrastructure growth and policy support.Read more

The Bhubaneswar Municipal Corporation (BMC) and Bhubaneswar Development Authority (BDA) have handed over more than 100 flats to beneficiaries under the third allotment phase of the Shantipalli Awas Yojana, part of the Keshari Residency project in Satya Nagar. With this phase, 560 families have now received homes�326 in the first phase held last November and 121 in the second. Odisha�s Housing and Urban Development Minister Krushna Chandra Mahapatra stated that the project, developed under a public�private partnership, will ultimately provide 1,300 units, including 840 for the Economically Weaker Section (EWS). Of these, 560 G+4 flats are already complete and occupied. The initiative, one of three affordable housing projects under the Pradhan Mantri Awas Yojana (PMAY) in Bhubaneswar, is complemented by ongoing works at Ekamra Residency in Buddha Vihar and Barunei Enclave in Subuddhipur.Read more

The Rajasthan Urban Development and Housing Department (UDH) has amended its development control regulations, prohibiting storage, warehousing, wholesale trading, weighbridges, and oil or gas depots within residential zones. Earlier permitted under special conditions, these activities are now fully barred to ensure a clear separation between residential and commercial land uses. The directive extends to commercial, industrial, public, recreational, transport, and mixed-use zones, with local bodies tasked to enforce compliance. The move follows a review of land-use disputes in fast-growing urban areas and aims to simplify planning norms, curb discretionary approvals, and align Rajasthan�s urban policies with national sustainability and deregulation standards, ensuring transparent and orderly development.Read more

Spain's sustained economic strength has continued to fuel its property market, supported by consistent GDP growth and falling unemployment. Revised figures from the National Statistics Institute indicated a 3.5% GDP rise in 2024, while Caixa Bank lifted its 2025 forecast to 2.9%. With strong demand and property prices rising, developers such as Taylor Wimpey Espana have highlighted the present as an ideal time for both domestic and international buyers to invest in Spanish homes.Read more

CREDAI-MCHI Thane will host the Redevelopment Expo 2025, a two-day event dedicated to promoting redevelopment opportunities across Thane. Scheduled at the Raymond Trade Show Hall, the free-to-attend expo will connect housing societies with developers offering innovative rebuilding solutions. Visitors can explore developer portfolios at the showcase pavilion, join expert-led panel discussions, and access consultation zones for personalised guidance on project feasibility, timelines, and legalities. Advisory desks will also provide insights on RERA compliance and financing. Designed as a collaborative platform, the event aims to help societies make informed redevelopment decisions while strengthening Thane's urban renewal efforts.Read more

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M3M India has announced a major expansion with the launch of its 150-acre integrated township, Gurgaon International City (GIC), on the Dwarka Expressway Link Road. The company will invest INR 7,200 crore in the project, which is expected to generate around INR 12,000 crore in revenue. Designed as a low-emission industrial and residential hub, the township will feature premium homes, EV hubs, innovation parks, retail zones, and data centres, targeting global corporations like Google, Apple, Microsoft, and Tesla. The first RERA-approved phase covers 50 acres with 300 plots.Read more

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Housing prices in India's leading eight markets recorded a 7–19 per cent increase in the July–September quarter, reflecting strong buyer demand and improving infrastructure. Delhi-NCR led with a 19 per cent rise, driven by luxury property demand and upgraded connectivity. Bengaluru and Hyderabad saw double-digit growth, while cities like Chennai, Pune, and Kolkata recorded steady appreciation. Experts highlight that these trends indicate resilient market fundamentals, rising buyer confidence, and a focus on quality, lifestyle, and long-term value in residential real estate.Read more

The Uttar Pradesh Housing Board (UPHB) has listed about 4,200 residential units in Lucknow on a centralised online portal, providing details such as addresses, area, cost, and photographs mapped via Google Maps. The initiative, part of a state-wide directive covering 29 housing authorities, aims to enhance transparency and convenience by reducing the need for in-person visits. Buyers can register online and participate in lottery draws for units in government-backed projects such as Avadh Vihar, Himalayan Enclave, and Kailash Enclave. With 21 of 30 agencies having uploaded listings so far across cities like Agra, Kanpur, Varanasi, and Ghaziabad, the move marks a step toward streamlined, accessible housing allocation in Uttar Pradesh.Read more

Mid-premium developer Shriram Properties has entered into a joint development agreement (JDA) for approximately five acres along Bannerghatta Road in south Bengaluru, with estimated gross development value (GDV) of over INR 350 crore. The company intends to develop an exclusive "villament" community, meaning a hybrid of villas and apartments, and plans to launch the project during the current fiscal year. The move expands its mid-premium housing portfolio and builds on its track record of delivering 48 projects and 28.3 million sq ft of saleable area across Bengaluru and Chennai.Read more

The Lucknow Development Authority (LDA) has extended the registration deadline for the Atal Nagar Housing Scheme to 21 November, giving low- and middle-income buyers more time to apply. The project comprises 19 towers with 2,496 flats, offering 1-BHK units of around 30 sq m and 2-BHK units up to 54.95 sq m, priced from INR 9.82 lakh onwards. Equipped with modern amenities such as lifts in all buildings, reliable water and electricity supply with backup, landscaped green areas, play zones and parking facilities, the scheme aims to provide affordable yet well-equipped housing.Read more

Invitation Homes reported stronger third-quarter results as demand for single-family rental homes across the U.S. remained firm. The company posted total revenue of USD 688.2 million, surpassing Wall Street's estimate of USD 675.1 million. Core funds from operations stood at USD 0.47 per share, meeting market expectations. The Dallas-based real estate investment trust also maintained its 2025 core FFO forecast between USD 1.90 and USD 1.94 per share. Renewal rents grew 4.5% for existing tenants, highlighting steady leasing activity across its portfolio of nearly 85,000 homes in 16 markets.Read more

The Lucknow Development Authority (LDA) has announced a 13-day special registration camp to fast-track pending property registrations through a single-window system. The initiative, directed by Vice-Chairman Prathmesh Kumar, will be held in the LDA committee hall, where officials will prepare documents during the first ten days, followed by on-site registry department officers completing registrations in the final three. Secretary Vivek Srivastava said the effort aims to clear the backlog of residential and commercial cases, while Deputy Secretary Madhvesh Kumar urged allottees who have paid most of their dues to participate. The camp seeks to reduce administrative delays and deliver a time-bound resolution for long-pending property titles.Read more

Mumbai recorded around 11,200 property registrations during the past month, reflecting a 14% year-on-year dip, largely attributed to last year�s elevated festive base. According to Knight Frank India, stamp duty collections touched INR 1,004 crore, showing a 17% fall. Despite the decline, the city maintained over 11,000 registrations, highlighting persistent buyer confidence, particularly in the mid-income and western suburban segments, which continued to dominate the market share.Read more

UK house prices rose 0.3% in the past month, beating expectations and marking continued resilience in the housing market ahead of Finance Minister Rachel Reeves' budget, according to Nationwide. Prices were up 2.4% year-on-year, accelerating from 2.2% in the previous month, while economists had predicted no monthly change. Chief Economist Robert Gardner said the market's strength was notable despite high mortgage rates and soft consumer confidence. The Bank of England reported stronger-than-expected mortgage approvals, and Gardner suggested affordability could improve if income growth outpaces prices. With household debt at a 20-year low and borrowing costs likely to ease, the housing market appears stable but cautious ahead of fiscal policy announcements.Read more

UP RERA has approved 15 new real estate projects across eight districts of Uttar Pradesh, involving an estimated investment of INR 2,434 crore. The clearances, issued during the authority's 187th meeting chaired by Sanjay Bhoosreddy, cover 3,043 residential flats, 98 plots, and 50 commercial shops. Projects were sanctioned in Lucknow, Shahjahanpur, Mathura, Moradabad, Ghaziabad, Hapur, Noida, and Jhansi, with most being residential. Bhoosreddy said the approvals will boost transparency, employment, and investment, reflecting the state's expanding real estate potential. The developments are expected to create thousands of jobs and stimulate demand in allied industries, reinforcing Uttar Pradesh's balanced and inclusive property market growth.Read more

DLF Ltd has sold 221 super-luxury apartments worth about INR 16,000 crore in its premium residential project, 'The Dahlias,' located in Gurugram's DLF Phase 5. The project, launched last year, comprises 420 apartments and penthouses spread across 17 acres. The developer has already achieved sales bookings of INR 15,818 crore till the September quarter. A single buyer recently purchased four apartments for INR 380 crore. Despite a dip in quarterly profit, DLF remains confident of achieving its annual sales guidance, supported by this project and upcoming launches.Read more

The Slum Rehabilitation Authority (SRA) has initiated a series of technology-driven reforms aimed at expediting slum rehabilitation projects across Mumbai. Led by CEO Dr Mahendra Kalyankar, the Authority introduced measures such as blockchain-based approval systems, AI chatbots, and multi-language portals to improve transparency and efficiency. Developers' associations including CREDAI MCHI, NAREDCO, BDA, and PEATA lauded the reforms, noting renewed optimism in the sector and the SRA's commitment to achieving a slum-free Mumbai.Read more

Mortgage rates in the United States declined last week, with the average 30-year fixed-rate mortgage easing to around 6.17%, the lowest level in about a year. The drop follows the Federal Reserve's recent 25-basis-point rate cut, though further reductions are unlikely soon as Treasury yields have risen. The lower rates have encouraged refinancing activity but have not provided a major boost to home sales, which remain constrained by high property prices, a cooling labour market, and growing economic uncertainty.Read more

The Nagpur Municipal Corporation (NMC) is set to launch a city-wide AI-driven property survey across all ten zones-its first since 2016-to improve property tax accuracy and address inefficiencies in manual record updates. A pilot in Laxmi Nagar revealed 2,000 new properties and 7,000 with unrecorded structural or usage changes, highlighting gaps in the existing system. The new survey will focus solely on built-up properties, combining AI mapping with door-to-door verification to assess real-time changes. With property tax arrears exceeding INR 900 crore, the initiative aims to enhance revenue, ensure fair valuations, and promote transparency in urban governance. The survey rollout is expected early next financial year.Read more