Rustomjee Group has strengthened its presence in Thane with the launch of Tower D at La Vie, the fourth tower within its 8.5-acre gated enclave in the 100-acre integrated township. The township features a functioning fire station, Rustomjee Cambridge International School, an upcoming hospital, the Tri Mandir, and future commercial and retail spaces. CEO Anupam Verma said La Vie reflects the group's focus on building communities that blend design, functionality and nature. Keppel Ltd.'s Ho Kiam Kheong highlighted that their partnership combines sustainable urban solutions with Rustomjee's residential expertise. La Vie also benefits from strong connectivity and multiple upcoming infrastructure projects.Read more

The Karnataka government has released draft rules for the Registration (Refusal and Cancellation of Registered Documents) Rules, 2025, aiming to curb misuse of the property-registration system. The proposal empowers district registrars to cancel registrations made using forged or illegal documents, either proactively or upon receiving a complaint - a significant shift from the earlier requirement of pursuing cancellations only through the courts. Sub-registrars will also be able to refuse registrations if documents appear fake, strengthening frontline scrutiny. The draft has been opened for public feedback for 15 days. Overall, the rules seek to close long-standing loopholes and improve buyer protection and regulatory oversight in Karnataka's real estate market.Read more

Bengaluru's residential market saw a 14 per cent rise in sales earlier this fiscal, with 52 million sq ft sold between April and September, according to ICRA. The agency expects similar momentum in the year's second half, with most new launches slated for the final quarter. For FY26, sales volumes are projected to grow 3-5 per cent, supported by steady mid-income and luxury housing demand. As India's fourth-largest residential market, Bengaluru contributed 14-15 per cent of total sales across the top seven cities. Industry executives attribute the city's strong appeal to its expanding IT sector, start-up ecosystem, urbanisation, and rising interest from NRIs, investors, and end-users.Read more

Lucknow Police has strengthened 'Operation Pehchaan' by holding landlords accountable if tenants involved in criminal activity are found to be living in their properties without proper verification. With the city seeing a surge in migrant inflow, authorities say some offenders have been renting homes using false identities. Tenant registration is now mandatory through the police website or the UPCOP app, to be completed before move-in or within a month. Police will verify details through physical checks, and landlords must keep copies of key documents. Rules for foreign nationals require Form C submission and prompt reporting. Regular reviews by ACPs, ADCPs and DCPs aim to ensure strict compliance.Read more

County Group has purchased a 5-acre land parcel in Noida's Sector 151 through a state-conducted auction for about INR 475 crore, according to people aware of the transaction. The developer intends to build a low-density residential project featuring only 226 units across more than 11 lakh sq ft of development area. The company has been expanding aggressively, having delivered over 40 lakh sq ft in 2024 and launched significant luxury projects earlier this year in Noida and Ghaziabad. Rising land values in Noida-Greater Noida, buoyed by strengthened infrastructure, continue to shape the region's real estate momentum.Read more

U.S. existing home sales increased in October as lower mortgage rates encouraged buyers, though high home prices and unemployment continue to constrain the market. Sales reached a seasonally adjusted annual rate of 4.10 million units, slightly above forecasts, and first-time buyers accounted for 32% of transactions. Home inventory rose 10.9% year-over-year, but remains below pre-pandemic levels, with the median home price at USD 415,200. All-cash transactions grew, while distressed sales remained steady. Experts emphasize that first-time buyer participation still falls short of levels needed for a strong market.Read more

Grovy India Ltd., a South Delhi-based real estate developer listed on the BSE, has expanded its project pipeline to 1,89,000 sq. ft., covering both ongoing and upcoming luxury independent-floor developments. Its Q2 FY26 update shows 1,42,000 sq. ft. under construction and 47,000 sq. ft. in future projects, aligning with rising demand for high-end redevelopment in prime neighbourhoods. The company also reported sharp financial growth, with net profit up 1180% and revenue rising 1142%. Strong interest in South Delhi's luxury floors, supported by steady price appreciation and limited supply, continues to drive redevelopment. Grovy India aims to strengthen its presence in this premium micro market.Read more

Sobha Ltd has entered the Mumbai housing market with the launch of 'SOBHA Inizio', its first residential project in the city. The 1.038-acre development will offer 310 apartments priced between INR 2.8 crore and INR 5.75 crore, in partnership with the landowner. While project costs and revenue projections were not disclosed, the launch comes on the back of Sobha's strong performance, including its highest-ever sales bookings of INR 3,981.4 crore in the first half of the fiscal year. The company's Q2 net profit nearly tripled to INR 72.52 crore, supported by higher income. With significant deliveries across 27 cities, the Mumbai entry marks a strategic step in its national expansion.Read more

MahaRERA has introduced a new SOP to speed up compensation recovery for homebuyers, following directions from the Bombay High Court. Developers must pay compensation within sixty days, failing which homebuyers may file a non-compliance application. Persistent defaulters will be required to disclose their assets, and recovery warrants may be issued for attachment of properties. Cases of continued refusal may be sent to the Principal Civil Court, where developers could face up to three months' imprisonment.Read more

Embassy Developments is set to launch six residential projects in North Bengaluru with a combined Gross Development Value (GDV) of about INR 103 billion. These projects include premium RERA approved developments within the Embassy Springs township, as well as a villa community across 116 acres. This move aligns with the company's broader FY26 ambitions to launch ten projects with a GDV target of INR 220 billion, building on the momentum of its merger and recent balance sheet strengthening.Read more

The Enforcement Directorate (ED) has attached a commercial plot valued at around INR 108 crore belonging to Vatika Limited as part of an ongoing money-laundering investigation linked to investor complaints. The case began after several FIRs were filed in 2021 with the Delhi Police's Economic Offences Wing, accusing the company and its promoters of misleading investors and failing to complete multiple projects. About 659 investors are reported to have invested nearly INR 248 crore in four projects that remain incomplete without conveyance deeds. The ED had earlier attached assets worth INR 68.59 crore in the same matter.Read more

Trehan Iris has entered a strategic partnership with boutique fitness and wellness brand Knox to embed a full-scale wellness experience into its upcoming residential project in Gurugram. The development will feature an exclusive Knox Studio offering high-performance training, mindful movement sessions and community-focused wellness activities. The collaboration aims to set a new benchmark for luxury living by blending architecture, fitness and social engagement. Trehan Iris says the initiative reflects its commitment to creating balanced, community-oriented environments, while Knox will bring its design-led, precision training philosophy to a residential setting for the first time. Residents will benefit from customised programmes led by certified trainers, combining physical and mental well-being.Read more

Sadbhavna Vruddhashram, the Rajkot-based institution known as the world's largest free old-age home, announced two large-scale initiatives during a Mumbai press interaction earlier this week. The organisation revealed plans to plant 151 crore trees across India and to construct a new seven-tower, 11-storey elderly care complex costing INR 400 crore at Rampar on the Rajkot-Jamnagar Road. Donors, including the London-based Nagrecha-Radia family, contributed INR 108 crore towards the project. Alongside these developments, Pujya Morari Bapu's Ramkatha is currently under way in Ghatkopar to support the charitable mission.Read more

The Karnataka High Court has upheld the Enforcement Directorate's (ED) attachment of Flat 7A in Kingfisher Towers, Bengaluru, finding that the property legally remains with United Breweries Holdings Ltd (UBHL) and not with the purchaser. The court rejected the claim that an unregistered agreement to sell conferred title, ruling that ownership had not passed without a registered sale deed. It agreed with the ED that the flat could be treated as 'proceeds of crime' under the Prevention of Money Laundering Act (PMLA), reinforcing the agency's long-running asset-recovery effort in the Vijay Mallya case.Read more

MHADA has submitted a detailed proposal to the state government to boost affordable rental housing across the Mumbai Metropolitan Region. The plan, presented by MHADA CEO Sanjeev Jaiswal, recommends cost-reducing incentives such as 0.5 additional FSI in Mumbai city and 0.3 in the rest of MMR, along with a 50% share of development charges for societies to use as a corpus fund. Key tax benefits include full property-tax waiver for five years, reduced tax for the next five, INR 500 stamp duty, and complete state GST waiver. The proposal also suggests low-interest financing and income-tax exemptions. MHADA estimates the framework could enable over 50,000 rental units by 2030.Read more