City Developments Ltd (CDL) has completed the sale of its U.S. multifamily asset, 1250 Lakeside in Sunnyvale, for USD 143.5 million. The company confirmed the divestment earlier this week as part of its ongoing effort to manage its international portfolio more efficiently. The Sunnyvale property has been one of CDL's rental housing holdings in the U.S., a market where the group has selectively adjusted its exposure in recent years. The sale also reflects continued investor interest in residential assets across Silicon Valley, where rental demand has remained strong.Read more

New market data highlights how Dubai's rental market is shaped by its multicultural population, with more than 200 nationalities choosing neighbourhoods that match their lifestyle, culture and budgets. The analysis by fam Properties, supported by DXBinteract data, shows clear demographic patterns across 10 major residential areas, ranging from South Asian-majority zones like Al Warsan First and Jebel Ali First to European-preferred locations such as Jumeirah First, Al Wasl and Dubai Creek Harbour. Indian and British nationals remain the most widespread groups across the city, while Lebanese and Egyptians are the most prominent Arab expatriate tenants.Read more

Mr. Vivek Mohanani, Managing Director and CEO of Ekta World

Mumbai's evolving skyline reflects a major shift driven by widespread redevelopment across its prominent western suburbs. Ageing, low-rise buildings are gradually giving way to contemporary luxury homes designed for long-term value creation. Homebuyers who once viewed luxury primarily as a lifestyle choice now see redeveloped properties as instruments of wealth preservation and generational security. With land scarcity, enhanced amenities, better infrastructure, and rising demand for safer and future-ready homes, redevelopment has become central to reshaping the city's urban fabric. This renewed appeal is supported by improved policies, growing investor confidence, and a broader focus on sustainable neighbourhood transformation.Read more

Britain's government announced earlier this week that planning applications for new homes located close to railway stations would receive an automatic go-ahead, provided they comply with defined criteria. The measure forms part of the Labour government's push to accelerate homebuilding and address persistent planning barriers. Although the administration has set a target of constructing 1.5 million homes before the next general election in 2029, official forecasts issued earlier this year indicated it was likely to fall short. The proposal also introduces stricter oversight on council rejections of large housing schemes.Read more

The Orissa High Court has instructed residents of Shantipalli Basti in Bhubaneswar to vacate their homes and move into transit housing so the in-situ slum redevelopment under PMAY-Urban can proceed. The court validated the transfer of land to the Bhubaneswar Development Authority (BDA) and upheld a beneficiary contribution of INR 1.5 lakh per flat. While Phase I (840 flats) is nearing completion, with 462 units allotted, Phase II remains stalled due to resistance and interim orders. The state has arranged transit accommodation, basic amenities, and credit support for economically weaker beneficiaries.Read more

The Andhra Pradesh government has directed officials to ensure that all beneficiaries under the Pradhan Mantri Awas Yojana (PMAY) receive BEE star-rated, energy-efficient appliances through a programme being implemented with Energy Efficiency Services Limited (EESL). The distribution includes LED bulbs, LED tube lights and BLDC fans covering nearly six lakh households. The initiative is expected to reduce annual power consumption by more than 10 million kWh and lower household expenses. The state has previously partnered with EESL across multiple sectors, strengthening its ongoing shift toward energy-efficient public infrastructure.Read more

Arada, the UAE-based real estate developer backed by Gulf royals, has decided to acquire an 80% stake in the Thameside West mixed-use project in east London. The deal follows the launch of the company's UK operations a few months ago and marks a major expansion of its international portfolio. The development, valued at 2.5 billion pounds (about USD 3.29 billion), is planned to deliver at least 5,000 homes, with the first phase targeting around 1,000 units and construction planned for 2027. This acquisition also lifts Arada's London housing pipeline to 15,000 homes.Read more

AU Real Estate has taken over the selling rights for Aspire Leisure Valley in Greater Noida West as part of an INR 1,069 crore transaction with NBCC, which also covers Aspire Centurion Park. The move follows the company's acquisition of selling rights for Aspire Silicon City earlier this year for INR 1,467.93 crore. The newly launched project has been introduced at an initial rate of INR 7,979 per sq. ft., offering spacious 3BHK homes and enhanced lifestyle amenities under the AUSI Life model. Strong connectivity, community spaces, and sustainability credentials further elevate its positioning.Read more

NBCC (India) Ltd has successfully sold 609 residential units in Greater Noida (West) through an e-auction, fetching INR 1,070 crore. The units come from the Aspire Leisure Valley and Aspire Centurian Park projects, part of the Supreme Court-directed initiative to complete stalled Amrapali projects. Delhi-based AU Real Estate acquired the selling rights, buying 462 units in Aspire Leisure Valley and 147 units in Aspire Centurian Park. The sale marks progress in delivering 38,000 flats to homebuyers, with AU Real Estate launching the project at INR 7,979 per sq ft for Aspire Leisure Valley.Read more

The Maharashtra government has approved the long-awaited redevelopment of Kamathipura, assigning the project to MHADA's Mumbai Building Repairs & Reconstruction Board under the Construction & Development Agency model. A survey found nearly 800 dilapidated, century-old buildings across 34 acres. Using DCPR 2034's Regulation 33(9) for cluster redevelopment, MHADA's plan will rehouse about 8,001 people, offering both residential and non-residential tenants 500 sq ft two-bedroom flats. Landowners will receive units based on plot size. The project includes new homes, commercial spaces and open areas, transforming the precinct into a modern 'urban village.' MHADA will receive 44,000 sq m, while developers can build roughly 567,000 sq m, creating around 4,500 new units.Read more

Atul Projects has taken charge of the redevelopment of a 2.76-acre land parcel in Borivali (West), a location positioned along the active SV Road belt, earlier this week. With an estimated GDV of about INR 750 crore, the company is preparing to introduce luxury 2, 3 and 4-bedroom residences aimed at both end-users and long-term investors seeking premium living options within Mumbai's western suburbs. The initiative builds on Atul Projects' ongoing expansion across the MMR and aligns with its strategy of strengthening its redevelopment portfolio in established residential markets.Read more

New Zealand's housing market recorded a slight rise in home prices during October, indicating that conditions have begun to stabilise after an uneven past year. Fresh data from the Real Estate Institute of New Zealand (REINZ) showed a small month-on-month increase in the seasonally adjusted median price, even though values were still lower compared with the same period last year. National sales activity picked up as well, supported by stronger buyer sentiment and the usual lift seen during the spring period. REINZ noted that most regions reflected an improvement in activity and overall confidence.Read more

House of Swamiraj is set to invest INR 230 crore in housing projects across Delhi-NCR and Goa, with INR 200 crore directed to a Yamuna Expressway development and INR 30 crore to a Goa project. Both projects are scheduled for launch within the current fiscal year and will feature smart homes with modern technologies. The company previously signed a INR 180-crore agreement to develop a residential project on a 2,000-square-metre plot in Thane West, highlighting its strategy to expand into fast-growing residential markets.Read more

Conscient Infrastructure Pvt Ltd has given a construction contract worth INR 350 crore to NCC Ltd for building 540 flats in its Elaira Residences project at Sector 80, Gurugram. The project spans 5.6 acres and is part of the company's growing residential portfolio. Conscient, active for more than four decades, has delivered over 20,000 homes and has nearly 35 million sq ft of developments across Delhi-NCR, Dehradun, and Goa. The company also partnered earlier this year with Texmaco, Hines, and HDFC Capital for the redevelopment of the Birla Cotton Mills land in Delhi.Read more

The Odisha Real Estate Regulatory Authority (ORERA) introduced a stricter quarterly progress-report (QPR) format for all its registered real-estate agents. The change comes after a central audit revealed that many agent filings were incomplete and lacked sufficient detail. Under the new template, agents must provide transaction-level data including agent registration, project and promoter names, commissions, contract role, and supporting documents like agreements and receipts. These reporting norms will apply from the quarter ending December 2025. ORERA has warned of penalties for non-compliance.Read more