No MHADA lottery in Mumbai this year; next affordable housing draw expected in March 2026

The much-anticipated Maharashtra Housing and Area Development Authority (MHADA) housing lottery will not take place in 2025, contrary to earlier expectations that the lottery for 5,000 affordable homes would be held around Diwali this year. According to MHADA officials, the lottery schedule has been pushed back to March 2026. However, the exact date and the […]

Tribeca Developers repays ₹200 crore HDFC Capital loan for its Mumbai project

Tribeca Developers, India’s licensed partner of the Trump Organization, has repaid ₹200 crore to HDFC Capital for its flagship Mumbai project, The Edge, the company said in a statement. Tribeca Developers has repaid ₹200 crore to HDFC Capital for its Mumbai project, The Edge, the company said. (Representational Photo) (Unsplash) The early closure highlighted the […]

Mahindra Logistics leases 4.75 lakh sq ft warehouse in West Bengal for 9.9 years at over ₹135 crore rent

Mahindra Logistics Limited has leased a 4.75 lakh sq ft warehouse near Kolkata for 9.9 years at a total rent of over ₹135 crore, according to documents accessed by Propstack. Mahindra Logistics has leased a 4.75 lakh sq ft warehouse near Kolkata for 9.9 years at over ₹135 crore, documents from Propstack show. (Representational Image) […]

Singapore home sales slow during quiet period for launches

(Bloomberg) — Singapore’s new private home sales fell in September as developers held back on major project releases during a traditionally quiet period. Singapore’s home sales declined in September as developers delayed major project launches during a typically slow season. (Picture for representational purposes only) (Pexels) Developers sold about 255 units in the month, according […]

Godrej Properties acquires 26-acre land near Sarjapur Road in Bengaluru with ₹1,100 crore potential

Mumbai-based listed real estate developer Godrej Properties Ltd (GPL) has acquired a 26-acre prime land parcel near Sarjapur Road in South Bengaluru, with plans to develop a premium residential project expected to generate around ₹1,100 crore in revenue potential, the company said in a regulatory filing. Godrej Properties has acquired a 26-acre land parcel near […]

Diwali 2025: MHADA to sell apartments worth over ₹7 crore in South Mumbai on a first-come, first-served basis

The Maharashtra Housing and Area Development Authority (MHADA) is expected to put its most expensive apartments, worth over ₹7 crore, up for sale on a first-come, first-served basis ahead of Diwali 2025. The MHADA’s luxury apartments were on sale in the last two Mumbai Lotteries under the High Income Group (MIG) category; however, they did […]

India ranks sixth globally in branded residences, with Mumbai, Delhi-NCR, Bengaluru, and Pune leading: Report

India has ranked sixth worldwide in live projects, contributing 4% to the global supply of branded residences, according to a report by Knight Frank India, a real estate consultancy firm. The report said that Mumbai, Delhi-NCR, Bengaluru, and Pune lead India’s branded residence landscape. India ranks sixth globally in live branded residence projects, contributing 4% […]

Prestige Group launches residential project with ₹2,000 crore potential in Mira Road, near Mumbai

Bengaluru-based, listed real estate developer Prestige Group announced on October 14 the launch of a residential project spanning 5.2 acres in Mira Road, near Mumbai. According to the company, the project comprises 1,324 residential units spread across 1 million sq ft, with a gross development value (GDV) of ₹2,000 crore. Bengaluru-based, listed real estate developer […]

China’s biggest builders hobble toward end of restructurings

(Bloomberg) — Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms are unlikely during a real estate crisis that has triggered $130 billion of defaults. Most of China’s biggest defaulted developers are reaching a restructuring milestone, as creditors increasingly accept that better terms are unlikely during […]