Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Asset class : Residential

RG Luxury Homes buyers get registries after decade-long wait under reverse insolvency

Around 100 homebuyers at RG Luxury Homes in Greater Noida West finally received their property registries during a special on-site registration camp held over the past few days. The housing project, originally launched in 2010, had come to a halt in 2016 due to financial distress and was admitted to the NCLT in 2019. It was revived in 2020 through a rare reverse insolvency resolution process, allowing the original promoter to resume work under the court-appointed insolvency professional. More than 1,400 flats across seven towers have now been issued occupancy certificates, and the remaining two towers are nearing completion.Read more

cover photo

Maharashtra to roll out vertical property cards, easing resale and loan approvals

The Maharashtra government is set to introduce vertical property cards to address the challenges of tracking flat ownership in cities like Mumbai, Pune, and Nagpur, where vertical development has boomed. Currently, property records cover only land parcels, creating legal headaches during resale, inheritance, or mortgage processes. The new cards will act as official Records of Rights for each flat, listing owner details, carpet area, and mortgage data. Officials say this will make transactions smoother and reduce disputes. The reform, aligned with digitisation drives like Svamitva Yojna, could make Maharashtra one of India's first states to modernise records for high-rise housing.Read more

cover photo

Delhi-NCR housing sales jump 16%, driven by luxury demand and new launches

Housing sales in Delhi-NCR rose 16% year-on-year this quarter, crossing 11,700 units, according to PropEquity. The surge was driven by strong luxury housing demand and new project launches, especially in Ghaziabad and Greater Noida. DLF's Privana North in Gurugram sold out 1,164 units worth INR 11,000 crore in one quarter, while Prestige Group launched over 3,400 units in Indirapuram. Developers like Signature Global, Smartworld, Sobha, and Tribeca also saw brisk sales. Experts say younger buyers in Gurugram are driving luxury demand, while improved infrastructure and expanding inventory in affordable segments have kept the region resilient compared to other metro markets.Read more

cover photo

Punjab emerges as a trustworthy real estate hub with low buyer grievances under RERA oversight

Over the past five to six years, Punjab has witnessed the sale of approximately two lakh properties with only around 1,500 buyer complaints, most of which relate to projects launched before RERA was enacted. Punjab-RERA Chairperson Rakesh Kumar Goyal credited the state's progressive approach and efficient grievance redressal for boosting consumer confidence. With nearly 3,000 registered projects and quick approvals, the real estate market in Punjab is gaining momentum. Meanwhile, officials from Delhi-RERA also echoed the transformative impact of the legislation, especially in curbing issues with pre-RERA developments.Read more

cover photo

Godrej Skyshore

Mumbai City, India

Godrej Skyshore in Versova, Mumbai, offers luxurious 3 and 4 BHK sea-facing apartments with modern amenities like a gymnasium and infinity pool. Strategically located near Versova Road and the Arabian Sea, it ensures a serene coastal lifestyle with excellent connectivity.

View Website | Visit RERA website

cover photo

SC clarifies: Property registration alone doesn't guarantee ownership rights

The Supreme Court has ruled that property registration alone does not guarantee legal ownership or transfer rights, placing the onus of due diligence squarely on the buyer. Registration only confirms procedural compliance; verifying title authenticity lies outside the registrar's scope. To prove valid ownership, buyers must present documents like the mutation certificate, tax receipts, title deeds, previous sale deeds, and encumbrance certificates-along with possession proof such as utility bills. The ruling is expected to tighten real estate documentation norms, reduce fraudulent transfers, and promote more transparent transactions. It marks a significant step toward legal clarity and stronger consumer protection in property dealings.Read more

cover photo

New Noida policy to transform aging housing blocks with phased redevelopment model

The Noida Authority has approved a targeted redevelopment policy to upgrade aging group housing societies and EWS units, inspired by Mumbai's urban renewal model. Focused on leasehold properties in sectors like 27, 93, and 93A, the plan allows phased redevelopment via project-specific RFPs. It includes demolishing old EWS flats and replacing them with larger, modern units while offering temporary housing during construction. Developers may sell extra units created through an increased FAR limit of 3.5, up from 2. The policy aims to enhance living standards, optimize land use, and improve infrastructure across older Noida neighborhoods, addressing long-standing urban renewal needs.Read more

cover photo

Lucknow PMAY housing lottery sparks protest over full payment preference

A PMAY housing lottery in Lucknow sparked protests after the UP Housing and Development Board gave preference to applicants able to pay the full amount upfront, sidelining those opting for installment payments. Of the 744 units in the draw, most were reissued homes from previous allotments where full payment had caused dropouts. Many low-income applicants, particularly for INR 5 lakh units, felt misled as the payment clause was not clearly highlighted. This marks the first time such a preference has been applied. An inquiry has been launched, with officials reviewing communication gaps. The move has raised broader concerns about equitable access to affordable housing.Read more

cover photo

Buyers may take charge as GIFT City acts on delayed WTC project under RERA

Authorities at GIFT City and GujRERA are intervening to complete the stalled World Trade Center (WTC) project, specifically Towers B and C, after terminating the agreement with original developer WTC Noida Development Company due to delays and fraud allegations. While Towers A and D were completed, buyers of the other towers filed over 30 complaints citing non-delivery and missed returns. With promoter Ashish Bhalla under arrest, options being considered include handing the project to an association of allottees or appointing a new developer under RERA provisions. The move underscores the push for accountability and timely project delivery in GIFT City's high-stakes ecosystem.Read more

cover photo

Liebherr debuts first Made-in-India fully integrated appliances from Sambhajinagar plant

Liebherr Appliances India has launched its first-ever Made-in-India range of Fully Integrated refrigerators, freezers, and combination units, manufactured at its Sambhajinagar plant. This marks India as the only country outside Europe producing these luxury appliances. Designed for high-end modular kitchens, the new range blends German engineering with features tailored to Indian climate needs. With immediate product availability, BIS compliance, and strong after-sales support, Liebherr aims to drive local adoption of built-in kitchen solutions. The launch was celebrated in Mumbai and aligns with India's growing demand for stylish, performance-driven home appliances-particularly in urban markets where modular kitchens and luxury housing are on the rise.Read more

cover photo

Tamil Nadu RERA mandates display boards at project sites for better buyer transparency

TNRERA has mandated that all registered real estate projects in Tamil Nadu must display dedicated, easily visible boards with key project details. These 2x4 ft boards must face a public road and show the promoter's name, project name, RERA registration number, estimated completion date, and the TNRERA website. Developers must submit photo proof of the installed board, certified by their engineer or architect, as part of Form-C documentation. Non-compliance could delay project approvals. This move strengthens transparency and aligns with earlier display rules under Tamil Nadu's building regulations, ensuring buyers and the public can easily verify project status on-site.Read more

cover photo

New home sales drop 13.7% as high mortgage rates and tariffs hit buyer confidence

New-home sales in the U.S. tumbled 13.7% last month, sliding to their lowest level since late last year as mortgage rates hovered near 7% and consumer sentiment weakened. Builders have responded with price cuts and incentives, but elevated borrowing costs and rising input expenses spurred by tariffs are dragging demand and construction. Inventory has swelled to levels unseen since 2007. With builder confidence sagging and policy uncertainties persisting, analysts predict continued market softness and potential ripple effects across the broader economy.Read more

cover photo

Bombay High Court directive prompts NMMC to act on OC violations across Navi Mumbai

The Navi Mumbai Municipal Corporation (NMMC) has identified 2,111 buildings that have failed to obtain mandatory occupancy certificates (OCs), despite having received commencement approvals. This list, published in compliance with a Bombay High Court directive, has been made publicly accessible via the NMMC website and ward offices. Developers and occupants have been asked to immediately approach the Town Planning Department to regularise their status. Failure to act could attract penalties under the Maharashtra Regional and Town Planning Act, 1966. The move is part of a broader drive to enhance building compliance and ensure residential safety across Navi Mumbai's expanding urban landscape.Read more

cover photo

Arbour Investments backs ELV with INR 105 crore for two Bengaluru housing projects

Arbour Investments has entered South India with a INR 105 crore investment in ELV Projects' Highgarden and Kingsland developments in Whitefield, Bengaluru. The projects span 11.74 lakh sq. ft. with 596 units, slated for completion by late 2026. Whitefield's strong infrastructure and soaring property values make it a strategic growth hub. Arbour's first INR 20 crore tranche reflects trust in ELV's execution capabilities. The alliance underscores Arbour's focus on transparency and performance-driven developers. ELV's Chairman E. Bhaskar sees this as a benchmark-setting moment in mid-premium housing. Arbour, managing over INR 600 crore, continues scaling its Capital-to-Consumer real estate model across emerging urban markets.Read more

cover photo

Noida Authority refuses flat registrations in Lotus projects over unpaid builder dues

The Noida Authority has challenged the Allahabad High Court's directive to register flats in Lotus Boulevard Espacia and Lotus 300, citing INR 87 crore and INR 160 crore in unpaid dues by developers Cloud 9 and HPPL, respectively. Despite occupancy certificates, flat registrations remain stalled for buyers who have paid in full. HPPL is under insolvency proceedings, though the court clarified promoters are still liable for scrutiny. The court also directed the Enforcement Directorate to investigate alleged fund diversion by Cloud 9's promoters. While the Authority may escalate the matter to the Supreme Court, buyer groups argue that compliant homeowners should not suffer for developer defaults.Read more

cover photo

Portugal's Algarve emerges as hotspot for branded luxury residences

The branded residences sector has recorded a striking 180% growth globally over the past decade, driven by demand from high-net-worth individuals seeking luxury, convenience and consistent service. Portugal, particularly the Algarve, has emerged as a standout market with Kronos Homes offering Marriott and Westin-branded properties at the Salgados Resort. The developments boast premium amenities, beach or golf-front locations, and seamless ownership experiences. With fully furnished, key-ready options and optional rental programmes, these homes are proving appealing as both lifestyle purchases and investments.Read more

cover photo

Utsav Satguru Serenity

Mumbai City, India

Utsav Satguru Serenity in Dadar West, Mumbai, offers luxurious 1, 2, and 3 BHK apartments with premium amenities like a gymnasium and kids' play area. Strategically located near Dadar Railway Station and Senapati Bapat Marg, it ensures seamless connectivity and a sophisticated lifestyle.

View Website | Visit RERA website

cover photo

Gurugram property tax audit exposes major lapse in ownership records

An audit by Gurugram's Municipal Corporation (MCG) uncovered that ownership details for 34 properties-owing INR 97.2 crore in property tax-are missing, making recovery legally impossible. The city's total outstanding property tax has surged to INR 280.6 crore, with additional arrears in fire tax (INR 18.4 crore) and development charges (INR 35.6 crore). Amid criticism at a recent MCG House meeting, officials vowed to retrieve records from the revenue department and pursue legal recovery. To improve collections, the MCG is conducting door-to-door surveys, hosting correction camps, and enhancing its online system to ensure accurate records and close the revenue gap.Read more

cover photo