Mumbai-based developer Aspect Realty is set to deliver more than 600 flats under the Slum Rehabilitation Authority (SRA) project in Worli by January next year. The company had taken over the INR 450-crore project last year, which had been stalled for 17 years. Aspect Realty cleared all pending dues of the previous developer and restarted construction with fresh funding. Each 300 sq ft flat includes a living/dining area, kitchen, bedroom, and separate bath and toilet, and will come with a full set of essentials. The project offers long-awaited ownership and security to resident families.Read more

Rahul Mittal and Akshay Mittal Promoters, Mittal Builders

Naigaon is steadily becoming a significant hub in Mumbai's northern corridor. Infrastructure projects such as the Bhayandar-Naigaon Creek Bridge, Metro Line 13, and the Virar-Alibaug Multi-Modal Corridor are improving connectivity within the city and beyond. Additional initiatives, including the Mumbai-Ahmedabad Bullet Train, Vadhavan Port, and a proposed greenfield airport, are linking the suburb to national and international trade and transport networks. Improved roads, railways, healthcare, and educational facilities are making daily life easier. Affordable housing and strong civic oversight make Naigaon an attractive option for families and investors.Read more

The Bombay High Court recently dismissed a petition by a member of a Goregaon (West) housing society challenging the appointment of a developer without following a tender process. The court clarified that the guidelines in the July 2019 government resolution (GR) are directory, not mandatory. The society's majority decision, supervised by an authorized officer, was upheld, reinforcing that procedural lapses alone do not invalidate redevelopment unless they violate statutory requirements. The ruling also emphasized cluster redevelopment initiatives and the legal autonomy of housing societies in managing redevelopment projects.Read more

M3M India plans to invest INR 2,100 crore to develop Jacob & Co.-branded ultra-luxury residences in Noida, marking the first housing project in India under the iconic global brand known for its high-jewellery watches. Spread over six acres, the development will offer 150 premium homes in the first phase and about 100 serviced ultra-luxury residences in the second, with prices ranging from INR 14 crore to INR 25 crore. M3M India expects revenue of INR 3,500 crore over three years, aiming to establish a new benchmark in India's ultra-luxury real estate segment.Read more

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has recently sanctioned six new real estate projects worth INR 176.28 crore across six cities - Ayodhya, Noida, Jhansi, Moradabad, Lucknow, and Prayagraj. The move will enable the development of 501 residential and commercial units, reinforcing the Authority's efforts to expand regulated development beyond major metropolitan centres in the state.Read more

Chandak Group has launched the second edition of its "Forever Homes Fiesta" campaign, reaffirming its focus on elegant, community-centric urban living. The campaign features five key residential projects - Highscape City in Chembur, Vansham in Vile Parle, Sarvam in Andheri, Treesourus in Malad, and GreenAiry in Borivali. Each development combines thoughtful design, modern amenities, and prime connectivity. Through immersive digital storytelling and on-ground experiences, the initiative highlights the idea of homes as nurturing sanctuaries. A limited-time "Spot Booking Offer" adds exclusive buyer incentives. With this campaign, Chandak Group strengthens its reputation for crafting vibrant, comfortable spaces that define contemporary living in Mumbai.Read more

NeoLiv is set to develop a 62-acre township in Faridabad, Haryana, with an estimated gross development value of INR 2,300 crore. The project will primarily feature housing plots and villas to address the growing demand for residential properties in NCR. While the company has not disclosed the landowner's name, number of units, or total investment, this initiative marks NeoLiv's largest project in one of the region's fastest-growing areas. The developer is already active in the Mumbai Metropolitan Region and Sonipat, strengthening its residential portfolio across key cities.Read more

Bengaluru's water board recently announced plans to make greywater recycling mandatory for all new residential buildings and independent houses. The proposed regulation will require separate treatment and reuse of wastewater from kitchens, bathrooms, and laundry areas, aiming to reduce the city's dependence on distant river sources and ease pressure on drainage systems. Officials believe this move will help improve groundwater recharge and promote sustainable water management across the city.Read more

The South Korean government introduced stricter mortgage restrictions for first-time home buyers in Seoul and surrounding areas following a recent rise in apartment prices. The borrowing limit has been reduced from 70% to 40% of the property's value, with a maximum cap of 600 million won (around USD 420,639). The measure, the third under President Lee Jae Myung's administration, aims to address affordability issues as Seoul's price-to-income ratio remains among the highest globally.Read more

Mr. Hiren Chheda, Founder & Managing Director, Ekatva Group & Chairman

Thane is becoming one of India's most attractive commercial and residential hubs, offering professionals a balance between career growth and personal well-being. With over 1.6 lakh enterprises registered, the city provides modern office infrastructure, lower real estate costs, and flexible workspaces suited for hybrid models. Strong connectivity through rail, road, and upcoming metro lines further enhances its appeal. Lifestyle-oriented townships, proximity to essential services, green spaces, and reduced commuting times make Thane a preferred choice for companies and employees seeking efficiency, productivity, and improved quality of life.Read more

The Bhoomipujan for the Mata Ramabai Ambedkar Nagar and Kamaraj Nagar Slum Rehabilitation Scheme was held in the presence of Maharashtra Chief Minister Devendra Fadnavis, Deputy Chief Ministers Eknath Shinde and Ajit Pawar, and senior officials, marking MMRDA's first redevelopment project under its own wing in collaboration with SRA. Spanning 31.82 hectares, the project will benefit 17,000 families, with Phase 1 delivering 4,345 free 1BHK homes featuring modern amenities. Backed by a INR 1,500 crore loan, the scheme includes community facilities, infrastructure upgrades, and two years' rent for residents. The initiative represents a model for inclusive, sustainable urban redevelopment and a step toward a slum-free Maharashtra.Read more

One Prastha Realty has raised INR 80 crore from Capri Global to finance its 57-acre integrated township in Sonipat, Haryana. Building on its earlier 8.5-acre residential project, the company plans to develop villas and residential plots across the new township. The founders emphasized that the funds are strategic growth capital aimed at ensuring timely project delivery, expanding the township, and acquiring more land. The investment will be directed towards infrastructure development, community spaces, and residential plots, catering to rising demand in Sonipat due to improved connectivity and local infrastructure growth.Read more

The Brihanmumbai Municipal Corporation (BMC) has introduced an online lottery for the sale of 426 affordable flats across Mumbai, marking its first independent initiative of this kind. These homes, priced between INR 55 lakh and INR 1 crore, are located in Kandivli, Bhandup, Byculla, Kanjurmarg, Jogeshwari, and Goregaon, and are available exclusively to applicants from the Economically Weaker Section (EWS) and Low-Income Group (LIG). The move is expected to generate around INR 308 crore. Applications opened this week and will be processed through a lottery system managed entirely by BMC to streamline operations and enhance revenue.Read more

Earlier this week, Arnya Real Estate Fund Advisors announced a deployment of INR 415 crore in residential projects across Bengaluru and Navi Mumbai. Its assets under management have topped INR 675 crore, and full capital deployment is projected to cross INR 1,200 crore by March next year. The firm has also initiated a residential equity fund via a platform tie-up, targeting a corpus of INR 1,000 crore. These moves emphasise its growing role in backing housing developments across major Indian metros.Read more

The Karnataka government is set to distribute 42,346 newly constructed houses in Hubballi under the Slum Development Board's housing initiative. Chief Minister Shri Siddaramaiah will lead the event, which will be held on a 17-18 acre site designed to accommodate around 1.5 lakh people. Each house costs around INR 7.5 lakh, with the state covering beneficiary contributions to ensure affordability. The government's total expenditure for 2.3 lakh houses is estimated at INR 9,500 crore, reflecting its ongoing commitment to providing affordable housing for underprivileged communities.Read more

India has secured the sixth position globally for live branded residence projects, as highlighted by Knight Frank's latest Residence Report 2025. The country accounts for 4% of the world's branded residence supply, reflecting its growing importance in luxury living. The report also places India tenth in the pipeline of upcoming projects, driven by an expanding affluent population and increasing demand for high-end branded homes.Read more

The Maharashtra Real Estate Regulatory Authority (MahaRERA) approved a record 405 new project registrations during the Dussehra period, marking the highest festive-season clearance to date. Along with these approvals, another 200 projects received extensions, and 200 more were permitted to make corrections to existing details, bringing the total to 809 approvals. Pune city topped the list of new registrations, while the Mumbai Metropolitan Region recorded the highest overall count. Over the past six months, MahaRERA sanctioned nearly 4,940 proposals. The regulator continues to focus on approving only those projects that comply with strict legal, technical, and financial criteria.Read more

A prolonged shutdown of the US government has raised serious concerns for the housing sector, with thousands of home closings reportedly at risk each day. Data from HomeAbroad revealed that the suspension of the National Flood Insurance Program has disrupted insurance coverage for properties in high-risk areas. The halt, already lasting several weeks, threatens billions in housing transactions nationwide and could have severe financial repercussions for flood-prone states such as Maryland, Virginia, North Carolina, and Florida.Read more

The Supreme Court has restored 213 flats in Udaipur's Royal Rajvilas project, ending a 12-year delay for over 200 homebuyers. The court closed the ED's challenge to the insolvency resolution of Udaipur Entertainment World Pvt Ltd, the original developer, praising the ED's proactive role in protecting buyers. Eleven flats linked to alleged proceeds of crime remain under provisional attachment. The case involves a INR 1,200 crore embezzlement probe against Bharat Bomb in Syndicate Bank. The Supreme Court emphasized safeguarding bona fide homebuyers while allowing ongoing ED investigations to proceed.Read more

Actor Neil Nitin Mukesh and his father finalised the purchase of a high-end residence in Mumbai's World One tower for INR 11.35 crore. The transaction, registered recently, includes a spacious unit measuring 189.89 sq m (2,044 sq ft) along with two parking spots. The stamp duty and registration charges were duly paid, reflecting the premium nature of the deal. This acquisition has drawn attention in real estate circles, both for the celebrity involvement and the value of the property.Read more