Category: Real Estate
Brookfield India REIT Q4FY25: Reports strong growth with 37% jump in NOI
The Brookfield India REIT portfolio consists of 29 million square feet of total leasable area, comprising 24.5 million square feet of operating area, 0.6 million […]
Aptus Value Housing Finance grows net profit 26% y-o-y in March quarter
During FY25, the company expanded its footprint by opening 38 branches and increased its network to 300 locations. Aptus Value Housing Finance, on Tuesday, posted […]
Flipspaces closes $35 Mn round in Series B led by Iron Pillar
The capital, comprising both primary and secondary investments, will be used to fuel the company’s growth across India, the U.S., and the UAE, enhance its […]
Rohan Corporation ropes in Shah Rukh Khan as brand ambassador
Mangaluru-based Rohan Corporation announces Shah Rukh Khan as its official brand ambassador for Karnataka. Rohan Corporation, a real estate development company based in Mangaluru, has […]
Realty majors beeline for a slice of India’s silver homes market
Developers target India’s growing senior population with specialised housing projects, anticipating a $12-15 billion market by 2030 | Photo Credit: Dimple Bhati With India’s silver […]
Bengaluru leads India’s housing market with over 20,000 launches in Q1 2025
On the sales front, Bengaluru logged 15,340 units sold accounting for 24 per cent of the nationwide demand | Photo Credit: K BHAGYA PRAKASH Bengaluru […]
Oberoi Realty sells luxury apartments worth ₹970 cr in Goregaon, Mumbai
Mr. Vikas Oberoi, Chairman and Managing Director of Oberoi Realty | Photo Credit: PAUL NORONHA Oberoi Realty has sold luxury apartments worth ₹970 crore in […]
Macrotech Developers to launch ₹19k-cr housing projects to encash strong demand
Realty firm Macrotech Developers Ltd plans to launch housing projects worth ₹19,000 crore across Mumbai Metropolitan Region, Pune and Bengaluru during this fiscal as it […]
SEBI proposes ease of doing business measures for REITs, InvITs
Under the present rule, REITs and InvITs are required to get their assets valued regularly and submit these valuation reports to stock exchanges and unitholders […]
Phoenix Mills profit down 18% to ₹269 cr in Q4
Phoenix Mills Ltd, which is mainly into development of retail real estate, posted an 18 per cent decline in consolidated net profit to ₹268.82 crore […]
Mumbai property registrations rise 9% y-o-y in April
Mumbai accounts for around half of the property market in the country, in terms of value. | Photo Credit: Explora_2005 More than 12,700 property units […]
CREDAI Karnataka appoints Bhaskar T Nagendrappa as new president
T Bhaskar Nagendrappa, President – CREDAI Karnataka The Confederation of Real Estate Developers’ Associations of India (CREDAI) Karnataka has announced the appointment of Bhaskar T Nagendrappa […]
Embassy REIT Q4 revenue rises 15% YoY on strong leasing
Embassy Office Parks REIT | Photo Credit: MURALI KUMAR K Embassy Office Parks REIT has reported a 15 per cent year-on-year (y-o-y) rise in quarterly […]
Macrotech Developers to invest ₹8,000 cr this fiscal on land acquisition for business expansion
Its net profit stood at ₹665.5 crore in the year-ago period | Photo Credit: SasinParaksa Realty firm Macrotech Developers Ltd plans to invest more than […]
Pacific Group to develop 15 lakh sq ft mall in Jaipur
Real estate company Pacific Group will develop a 15 lakh sq ft shopping mall and a hotel in Jaipur to expand business amid rising demand […]
AIFs pump ₹74,000 crore into real estate, highest among all sectors: Anarock
The total cumulative AIF investment across sectors stood at ₹5.06 lakh crore, with real estate accounting for 15 per cent. Alternative Investment Funds (AIFs) have […]
Prestige Hospitality Ventures files for ₹2,700-crore IPO; lines up ₹614-crore hotel acquisitions
Prestige Hospitality Ventures Ltd (PHVL), the hotel arm of Prestige Estates Projects Ltd, has filed draft papers with SEBI to raise ₹2,700 crore through an […]
Incuspaze leases 2.50 lakh sq ft co-working space at Olympia Crest in Chennai
Incuspaze, a flexible workspace provider, has leased 2.50 lakh sq ft at Olympia Crest, in Chennai’s IT corridor at OMR Zone 1. The office space […]
Max Estates acquires stalled ‘Delhi One’ project in Noida; to invest ₹1,400 cr for completion
Max Estates said it has successfully completed acquisition of 100 per cent equity share capital of Boulevard Projects Pvt Ltd by way of allotment of […]
Real estate company DRA reports ₹525 crore revenue in FY25
Ranjeeth Rathod, MD, DRA, at a press conference, in Chennai on Thursday ( November 28, 2024) Photo : Bijoy Ghosh To go with Raja Simhan’s […]
Shriram Properties acquires 5-acre land in North Bengaluru for project with GDV of ₹250 cr
M Murali, Chairman and Managing Director, and J Gopalakrishnan, CEO, Shriram Properties | Photo Credit: BIJOY GHOSH Bengaluru-based Shriram Properties Limited has announced the acquisition […]
IBI Media strengthens real estate portfolio with RoofandFloor acquisition
A walk back in time during the RoofandFloor.com Property Show-2024 at Auspacious Convention, Hyderabad on Saturday, October 19, 2024 | Photo Credit: NAGARA GOPAL IBI […]
HUDCO to slash funding costs with ₹4,000-5,000 crore bond refinancing, targets Japan and US markets: CMD Kulshrestha
HUDCO Chairman and Managing Director Sanjay Kulshrestha Housing and Urban Development Corporation (HUDCO) will look to refinance nearly ₹4,000–5,000 crore worth of high cost bank […]
Casagrand launches Casagrand Jarvis residential community in Siruseri, Chennai
Chennai-based developer Casagrand has launched Casagrand Jarvis, a premium residential community in Siruseri, featuring 469 2, 3, and 4-BHK apartments across 8.5 acres. Casagrand, the […]
Brigade Group launches first plotted development project in East Bengaluru
Pavitra Shankar, Managing Director, Brigade Enterprises Bengaluru-based realty developer Brigade Group has signed a joint development agreement (JDA) worth approximately ₹175 crore for a plotted development […]
Oberoi Realty FY25 sales bookings rise 31% to ₹5,266 cr
Oberoi Realty is one of the leading real estate developers in the country. It focuses on luxury housing segments. | Photo Credit: BL companies Real […]
Macrotech Developers cuts net debt by 7% to ₹4,000 crore in March quarter on better sales
Macrotech Developers reduces net debt by 7% in Q1 with strong sales and fund collections | Photo Credit: SasinParaksa Realty firm Macrotech Developers’ net debt […]
Rising rents outpace salaries in Bengaluru, triggering affordability concerns
After calling Bengaluru home for more than a decade, 32 year old Alisha who works in the oil and gas sector, highlights the challenges of […]
Kolte-Patil Developers Q4 sale bookings fall 15%, FY25 sales dip 1%
Representative image | Photo Credit: Bet_Noire Realty firm Kolte-Patil Developers Ltd’s sale bookings declined 15 per cent to ₹631 crore in the fourth quarter of […]
Stagnant salary, rising rents triggers crisis for Bengaluru’s young professionals
While rents in India’s Silicon Valley have surged over 25 per cent since 2020, salaries have barely kept pace, posing growing concerns about Bengaluru’s affordability […]
Leasing of green office spaces rises 20% in 2024 across top 6 cities: Credai-Colliers report
Leasing of office space in green-certified buildings rose 20 per cent in 2024 to 492 lakh sq ft across six major cities as corporates are […]
Puravankara reports ₹5,006 cr pre-sales in FY25; collections up 9% YoY
Ashish Puravankara, Managing Director, Puravankara Bengaluru-based realty developer Puravankara has reported an increase in customer collections by 9 per cent year-on-year to ₹3,937 crore in […]
WS Habib appointed President of CREDAI Tamil Nadu
CREDAI Tamil Nadu, representing private real estate developers across the State, formally inducted its new leadership team for the 2025-2027 term, with WS Habib, CMD […]
Brigade to build Chennai’s tallest residential project in Perambur
Brigade Enterprises Ltd, the Bengaluru-based real estate group, is expanding its presence in Chennai with plans to build the tallest residential project yet with 49 […]
Arnya RealEstates Fund to invest ₹130 crore in Casagrand’s housing project in Bengaluru
Representative image | Photo Credit: Subajayanthi Wilson 2507@Chennai Arnya RealEstates Fund Advisors will invest ₹130 crore in realty firm Casagrand’s forthcoming residential project in South […]
Office leasing in Chennai hits five quarter high in March quarter: Colliers report
Chennai witnessed its highest leasing activity -the largest in the last five quarters- in Q1 2025 at 2.9 million sq ft, as per a new […]
Lodha brothers resolve trademark dispute; Macrotech retains right to ‘Lodha’ brand
Abhinandan Lodha (left) and Abhishek Lodha (Right) The Lodha brothers — Abhishek Lodha and Abhinandan Lodha — have resolved their trademark dispute, with it being […]
Top 7 Indian cities register 4-8% office leasing growth, outperform global markets: Report
Despite persistent global headwinds in rental and leasing activity, Indian cities have outpaced the major global centres, with top seven hubs witnessing a growth of […]
Macrotech acquires 10 land parcels in FY25 for ₹24,000-cr housing projects
Macrotech Developers is one of the leading real estate developers in the country. Real estate firm Macrotech Developers acquired 10 land parcels last fiscal to […]
Hyatt Hotels to launch all inclusive resorts in India
Sunjae Sharma, Managing Director, Hyatt (India and South West Asia) Hyatt Hotels plans to introduce its all-inclusive resorts to India breaking new ground in the […]
Top 7 Indian cities see 4-8% rise in office rent in 2024; mixed trend in 8 overseas markets: Vestian
The average office rent in New York has fallen 1.3 per cent in 2024 to $7.5 per square feet per month. | Photo Credit: PeopleImages […]
ED searches TN realty group started by minister’s kin
N. Ravichandran, Founder, True Value Homes India Pvt. Ltd | Photo Credit: PERIASAMY M The Enforcement Directorate on Monday raided multiple premises in the city […]
Real estate PE investments dip 43% amid sectoral shifts, global headwinds
Logistics and warehousing attracted 48 per cent of PE funding in FY25 — the highest share in the last five years Amid sectoral shifts and […]
House of Abhinandan Lodha files police complaint post forgery allegations
Following an immediate internal review of all available records, we wish to categorically state that there has been no instance of fraud or forgery committed by us, […]
Casagrand launches Spanish themed residential community in Chennai
Chennai-based real estate developer, Casagrand, has launched Casagrand Casamia, a 22-acre Spanish-themed residential project Pallavaram, Chennai. Inspired by the Mediterranean architecture, the project offers over […]
Chennai retail leasing sees 31% y-o-y growth, says Cushman & Wakefield report
A businessman puts a indian rupee money bag near the houses. Investments in real estate assets. Municipal budget of the city. Official. Construction industry, rental […]
Signature Global achieves record ₹10,290 crore in pre-sales for FY25
The real estate developer also reported record collections of ₹4,380 crore, up 41 per cent from the previous year. | Photo Credit: Rasi Bhadramani Signature […]
Sobha posts ₹6,277 cr sales in FY25 amid global headwinds, driven by domestic demand
Q4FY25 alone contributed ₹1,836 crore, marking a 32.2% sequential and 22.1% YoY increase. | Photo Credit: Despite global headwinds, Sobha recorded a sales value of […]
Brigade Group inks JDA for ₹225-cr real estate project in Mysuru
Pavitra Shankar, Managing Director of Brigade Enterprises Ltd Realty player Brigade Group has signed a joint development agreement (JDA) for a project with a gross […]
Tribeca enters rental housing segment
Tribeca Developers has entered the rental housing segment through a partnership with Housr, a luxury serviced apartment operator. It has launched “TriliveAndheri,” a pre-leased serviced […]
Macrotech Developers (Lodha) reports ₹48 Bn Q4 sales, surpasses FY25 targets
Lodha strengthened its Digital Infrastructure portfolio by adding new locations in NCR and Chennai, while also acquiring its joint venture partner’s stake in an existing […]
Aditya Birla Real Estate divests paper unit to ITC for ₹3,500 cr
The divestment of the pulp and paper undertaking is a value unlocking exercise for ABREL and will further enable the company to pursue growth opportunities […]
Raymond Limited expands real estate portfolio with ₹5,000 crore Wadala project
Raymond Limited announced today that its wholly-owned subsidiary, Ten X Realty East Limited, has signed a Joint Development Agreement for a residential project in Wadala, […]
Max Estates gets show cause notice from GST department for claiming inadmissible input tax credit
Max Estates Ltd faces show cause notice from GST department for ₹2.25 crore ITC recovery. | Photo Credit: wichayada suwanachun Real estate company Max Estates […]
Godrej Properties generates over ₹2,000 crore sales at Noida luxury project launch
Godrej Properties Limited (GPL) announced today that it has sold over 275 homes worth more than ₹2,000 crores at the launch of its luxury project, […]
G Square looks to double revenue to ₹5,000 crore this fiscal
Sivakumar Pethaiyan, National Sales Head, G Square Realtors Pvt Ltd, at a media briefing in Chennai on Tuesday | Photo Credit: BIJOY GHOSH G Square […]
India’s infrastructure delays cost ₹5 lakh crore, finds report
Of 1,873 ongoing Union government projects—each valued at over ₹150 crore—779 are delayed, with cost overruns soaring past ₹5.01 lakh crore as of April 2024 […]
Residential sales sustain in Q4, office leasing hits record: Report
Office absorption in the quarter also hit a record level with 28.2 million square feet being leased, a 74 per cent rise on year, the […]
Man Indus in pact with Paradise Group for developing 6-acre land in Navi Mumbai
Nikhil Mansukhani, Managing Director of MAN Industries, said the management intends to monetise non-core assets and focus on strengthening core line pipe business. | Photo […]
Macrotech Developers alleges document fabrication by House of Abhinandan Lodha
Real estate developer Macrotech Developers has accused House of Abhinandan Lodha (HoAL) of fabricating board resolutions, permanent account numbers and forging signatures to mislead customers […]
Paytm deploys 400 card machines for property tax collection in Hyderabad
Paytm (One 97 Communications Limited) has partnered with the Greater Hyderabad Municipal Corporation (GHMC) to deploy over 400 All-In-One EDC Devices for property tax collection, […]
Real estate players fear demand hit from rise in ready reckoner rates in Maharashtra
The Maharashtra government’s decision to raise ready reckoner rates(RRR) in Mumbai and other parts of the State has been met with considerable dismay by the […]
Mumbai-based Runwal Enterprises files for ₹1,000 crore IPO
Mumbai-based real estate developer, Runwal Enterprises Limited, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to […]
March property registrations in Mumbai surge on high demand
Property registrations in Mumbai in March at close to 15500 units, saw a strong surge both on year and sequentially, netting the state government record […]
Casagrand forays into senior living segment with new project in Chennai
Real estate developer Casagrand has announced its foray into the senior living segment with the launch of Casagrand Cheers. The company unveiled its first senior […]
ATS Homekraft sells 400 plots for ₹1,200 cr in new Yamuna Expressway project
Real estate company ATS Homekraft has sold around 400 residential plots for more than ₹1,200 crore in its new project on Yamuna Expressway on strong […]
India’s ultra-luxury home market soars: 49 homes above ₹100 crore sold for ₹7,500 crore in 3 years
India’s ultra-luxury real estate market is witnessing a boom, with 49 homes priced at ₹100 crore or more sold in Mumbai and Delhi NCR over […]
Office space to maintain growth momentum in 2025: CBRE
Driven by resilient economic fundamentals and a good employment outlook, the office sector in the country is expected to maintain its strong growth momentum in […]
Brigade Group signs JDA for ₹300-crore luxury project in Mysuru
Brigade Group has signed a joint development agreement (JDA) for a new luxury residential project on Bogadi Road near the proposed Outer Ring Road in […]
Godrej Properties sells around 90 flats for over ₹1,000 cr in new project at Gurugram
Real estate company Godrej Properties Ltd has sold around 90 flats for more than ₹1,000 crore on the launch day of its new luxury housing […]
Impacted by high prices and volatile stock market, Kolkata’s housing sales skids 31% in January-March
Housing sales in Kolkata witnessed around 31 per cent year-on-year decline during the January-March period this year at nearly 3900 units, as the city’s residential […]
DLF Cyber City Developers gets upgraded rating (AAA Stable) by CRISIL
DLF Cyber City Developers Ltd (DCCDL), the rental arm of DLF Limited, has seen a ratings upgrade with CRISIL rating it as AAA (Stable), from AA+ […]
Cement prices in South India drops sharply in March
Cement prices saw a steep decline in South India in March, at a rate higher than other regions. Cement manufacturers in South India attribute the […]
Birla Estates launches first luxury residential project in Pune
The shares of Aditya Birla Real Estate Limited were trading at ₹1,883.50 up by ₹123.65 or 7.03 per cent on the NSE today at 11.35 […]
DLF to invest ₹20,000 cr in medium term to expand its commercial real estate biz
Real estate major DLF plans to invest around ₹20,000 crore in the medium term to develop commercial properties, including office and retail spaces. In a […]
Housing sales, launches continue to correct in Q1 of 2025
Home sales and launches across tier 1 markets have shown a falling trend both sequentially and annually in the first quarter of 2025, according to […]
Senior housing segment in real estate gains traction: Report
Senior housing segment within the real estate sector which has long struggled to gain mainstream acceptance is now gradually becoming more viable, presenting an opportunity […]
Omaxe to invest ₹400 crore to develop two commercial projects in Faridabad
Real estate company Omaxe will invest ₹400 crore to develop two new commercial projects in Faridabad, Haryana, to expand its business. The two new projects […]
Birla Estates debuts in Pune with luxury residential project, Birla Punya
Birla Estates Pvt. Ltd., a wholly-owned subsidiary of Aditya Birla Real Estate Limited, has launched its first Pune project, Birla Punya, with an estimated revenue […]
Nikhil Kamath’s Gruhas and Brigade Group launch ₹200 cr Earth Fund for real-estate, urban innovation
Real estate player Brigade Group and venture investment firm Gruhas have launched a ₹200 crore SEBI-registered Category-II Alternative Investment Fund (AIF), the Earth Fund, with […]
Adani in advanced talks to acquire Emaar India for $1.4 billion, sources say
Gautam Adani is in advanced talks to buy the Indian unit of Dubai-based developer Emaar Group at a potential enterprise value of $1.4 billion, according […]
Embassy inks pact to divest 25 acres in Bengaluru to Lam Research for ₹1,125 cr
Embassy Developments Ltd (EDL), through its wholly-owned subsidiary Embassy East Business Park, has signed definitive agreements with Lam Research (India) Pvt Ltd to sub-lease and […]
MICL launches India’s tallest ultra-luxury residential tower in Mumbai
Man Infraconstruction Limited (MICL) today unveiled Avaan Tower 2, a 306-meter residential skyscraper in Mumbai’s Tardeo neighborhood that the company claims is India’s tallest ultra-luxury […]
IHG has a pipeline of 60 hotels in India in the next 3-5 years
IHG Hotels and Resorts has a pipeline of 60 hotels, due to open in India in the next three-five years, said Sudeep Jain, Managing Director […]
Where will Tamil Nadu’s ambitious 2,000-acre Global City project near Chennai come up?
Where will Tamil Nadu’s ambitious 2,000-acre ‘Global City’ project near Chennai come up? This is the million-dollar question raised by common man and real estate […]
HUDCO aims for zero NPA; $500-million fundraise from Japan underway: CMD Kulshrestha
Housing Urban Development Company (HUDCO), the Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA), which recently got an NBFC licence, is planning […]
Flex- workspace providers take off at airports to meet demand for work on the move
Beyond urban centers, flexible workspace providers are expanding into airport locations, addressing the growing demand for productivity on the move—especially among business travelers and remote […]
Blackstone to acquire majority stake in Kolte-Patil for close to ₹2,000 crore
In one of the biggest deals in India’s residential real estate sector, US-based alternate asset manager Blackstone will be acquiring a majority stake in Kolte-Patil […]
Brigade Enterprises targets ₹2,700 cr revenue from new housing project in Bengaluru
Realty firm Brigade Enterprises targets ₹2,700 crore revenue from its new housing project in Bengaluru. In a regulatory filing on Friday, Brigade Enterprises said it […]
Self-certification scheme helps sharp increase in issuance of building permission in TN this fiscal
There has been a steady increase in the registration of documents and the revenue generated from it. This has been due to an increase in […]
Hanto Workspaces revenue may rise over 40% in FY25
Hanto Workspaces is expecting over 40 per cent increase in revenue this fiscal year to ₹30 crore on rising demand for flexible managed office space. […]
Brigade launches Ebony at Brigade Orchards, expected to generate ₹380 crore in revenue
Brigade Group has announced the launch of a premium residential project, Ebony at Brigade Orchards, which is expected to generate ₹380 crore in revenue. The […]
Self-certification scheme helps sharp increase in issuance of building permission in TN this fiscal
There has been a steady increase in the registration of documents and the revenue generated from it. This has been due to an increase in […]
Peripharies emerge Hyderabad’s real estate hot spot growth hubs: Colliers
Hyderabad’s real estate growth is rapidly expanding beyond its core hubs, with peripheral areas emerging as the city’s new growth frontiers, according to a report […]
Casagrand to develop 2.74 million sq ft of residential space in Hyderabad
Casagrand, a Chennai-based real estate developer, has entered the Hyderabad market. It plans to add 2.74 million square feet of residential space there. “Hyderabad is […]
DLF to invest ₹6,000 cr to construct 75 lakh sq ft office, retail spaces in Gurugram
Realty firm DLF’s rental arm will invest around ₹6,000 crore to construct 75 lakh square feet of prime office and retail spaces in Gurugram to […]
Huge demand for data centres in India, 18 mn sq ft area needed in 4-5 yrs: Smriti Irani
BJP leader Smriti Irani on Friday suggested real estate developers to diversify their business and said there is a huge demand for data centres in […]
House of Abhinandan Lodha aims ₹10k cr pre-sales in FY29 on rising demand for housing plots
The House of Abhinandan Lodha, which sells housing plots, aims 4.5 times jump in sale bookings to ₹10,000 crore in 2028-29 on rising demand for […]
DRA launches Inara, Chennai’s first luxury villa community with exclusive land ownership
DRA, the Chennai-based real estate developer, has launched its first-ever luxury independent villa community, DRA Inara, in the city. The project will have 118 luxury […]
Brigade launches premium residential project in Chennai
Brigade Group has launched Brigade Altius, a project with a revenue potential of ₹1,700 crore. This comes as the company aims to double its growth […]
Blackstone, Sattva file for ₹6,200 cr REIT issue
Global asset manager Blackstone and Indian real estate developer Sattva have filed the draft prospectus for a real estate investment trust to raise ₹6,200 crore […]
‘Cement prices to come under pressure on weak demand in FY26’
India Ratings and Research expects cement prices to come under pressure with companies trying to increase output amid weak demand environment and fresh capacity additions. […]
Godrej Properties buys 12 land parcels to build ₹23,450 cr worth projects: Pirojsha
Godrej Properties acquired 12 land parcels during April-December period of this fiscal to develop housing projects worth ₹23,450 crore, and plans to buy more in […]
Experion Developers to invest ₹1,000 cr in new housing project in Noida
Real estate company Experion Developers will invest ₹1,000 crore to develop a new luxury housing project in Noida, Uttar Pradesh. The company is a 100 […]
WTCA terminated 13 licenses held by World Trade Center in India
The World Trade Centers Association (WTCA) has terminated 13 licenses held by WTC Noida Development Pvt. Ltd and Spire Techpark Ltd effective February 19, 2025. […]
Embassy REIT invests ₹100 cr in Kadubeesanahalli metro station, secures 30-year naming rights
Embassy Office Parks REIT has signed a definitive agreement to invest ₹100 crore in developing the Kadubeesanahalli Metro Station along the Outer Ring Road (ORR) […]
Oberoi Group partners with Ladhani Group for two Rishikesh resorts
The Oberoi Group announced its plans to develop two new resorts in Rishikesh in partnership with The Ladhani Group on Monday. The expansion includes an […]
Chennai sees 57% dip in office completion in 2024
Chennai is the only city among the top six – the other five are Bengaluru, Hyderabad, Mumbai, Pune and NCR – that witnessed a dip […]
Singapore’s GIC favours IPO route for commercial JV with DLF
Real estate developer DLF Ltd and Singapore wealth fund GIC are exploring an initial public offer for their joint venture DLF Cyber City Developers Ltd (DCCDL), […]
Residential Sales Fell in H2 2024 vs. H1: Chennai, Hyderabad, Mumbai, Bengaluru, Kolkata cities decline
Residential sales and launches have seen a distinct downward trend in the second half of 2024 compared to the first half, and preliminary data indicates […]
February property registrations in Mumbai show stable trend
Property registrations in Mumbai in February at 11,932 units was down both on year as well as on month, the Maharashtra government data showed, with […]
Birla Estates clocks ₹500 cr in bookings for Birla Trimaya in Bengaluru
Birla Estates Private Limited, a wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), has launched Birla Trimaya in […]
Godrej Properties sells over ₹1,000 crore in Pune project launch
Godrej Properties Ltd (GPL) has sold residential inventory worth over ₹1,000 crore at its Godrej Evergreen Square project in Hinjewadi, Pune, the company announced today. […]
ED searches WTC Builders & Bhutani Group for real estate fraud
The Enforcement Directorate on Thursday launched searches at multiple premises of two real estate companies — WTC Builder and Bhutani Group — and their promoters […]
Signature Global aims to achieve zero net debt in FY26 on strong sales: Chairman
Realty firm Signature Global is targeting to achieve zero net debt during the next fiscal year on healthy internal cash flow supported by strong consumer […]
CBI probing Godrej Properties project in Chandigarh for EC violation
A first information report has been filed by the Central Bureau of Investigation against Godrej Estate Developers, an arm of Godrej Properties, alleging that the […]
NoBroker launched SaaS product ConvoZen.AI to diverse industries
NoBroker has launched its SaaS product, ConvoZen.AI, which it expects to contribute significantly to its revenue in the next 2–3 years. The platform is used […]
TVS Emerald acquires 10-acre land parcel in Bengaluru
TVS Emerald has acquired a 10-acre land parcel in Sathanur, Bengaluru, the fourth acquisition made by the real estate developer in the current financial year, […]
Viyaara Realty launches smaller luxury homes at ₹2-4 cr in Dadar
The demand for luxury apartments in Mumbai is witnessing a significant surge, driven by changing lifestyle preferences, increasing urbanisation, and the need for premium living […]
BIGBLOC Construction arm acquires land parcel in MP to set up new facility
StarBigBloc Building Material Ltd, an arm of BIGBLOC Construction, on Tuesday said it has acquired a land parcel in Madhya Pradesh, to set up a […]
Real Estate: Monthly home rents surge 9-21% in 2024 amid rising demand
Rising costs of living are a cause for concern, and monthly rentals across the country’s major cities have been steadily increasing by 9.2 to 21 […]
Signature Global awards contracts worth ₹567 cr for housing project in Gurugram
Signature Global on Wednesday said it has awarded construction contracts worth ₹567.37 crore to build its housing project in Sohna, Gurugram. The company has given […]
Signature Global operational revenue set to rise over ₹3,000 cr
Real estate company Signature Global is expecting at least a 2.5 times jump in its operational revenue to more than ₹3,000 crore in this fiscal […]
Chennai’s Office stock to cross 100 Mn sq ft mark by end of 2026
The office stock in Chennai is likely to cross 100 million sq ft by the end of 2026. Total office stock in Chennai currently stands […]
Hiranandani-Krisala Developers unveils 105-acre integrated township in Hinjewadi, Pune
The project, located in North Hinjewadi, will be developed under the Integrated Township Policy, featuring residential, commercial, and retail spaces. The joint development has launched […]
Brigade Group plans to invest ₹1,500 crore in Kerala, signs MOU
Brigade Group has proposed to invest ₹1,500 crore in Kerala with a potential generating employment for around 12,000 people over the next five years. Brigade […]
CREDAI Chennai FAIRPRO 2025: Records ₹363 crore in sales with 385 bookings
The three-day Chennai FAIRPRO 2025, organised by the Confederation of Real Estate Developers’ Associations of India (CREDAI), saw 385 bookings with ₹363 crore in total […]
Bank credit to commercial real estate on rising trajectory
Bank credit to commercial real estate has gone up over 11 per cent in FY25 year to date, according to data by the Reserve Bank […]
Hanto Workspaces plans to expand in Bengaluru by FY26 & to other key cities
Bengaluru-based Hanto Workspaces plans to add 4 lakh square feet of workspace in the Bengaluru micro-market by FY26. The leasing operator is also looking to […]
Accor expands in India with the launch of Pullman Chennai
French hospitality group Accor, which operates 65 hotels in India, sees strong potential in Tier-3 cities for future expansion. The group, which is currently executing […]
OYO-owned European holiday home brand DanCenter launched in India
OYO’s parent company, Oravel Stays, on Wednesday announced the launch of its European holiday homes brand, DanCenter, in the Indian market. DanCenter was acquired by […]
Dubai’s Sobha Realty becomes global partner for ICC Men’s event, starting with Champions Trophy
Dubai-based Sobha Realty on Tuesday said it has become a global partner for the International Cricket Council (ICC) Men’s event. In a statement, Sobha Realty, […]
Residential Sales Fell in H2 2024 vs. H1: Chennai, Hyderabad, Mumbai, Bengaluru, Kolkata cities decline
Residential sales and launches have seen a distinct downward trend in the second half of 2024 compared to the first half, and preliminary data indicates […]
Arvind SmartSpaces sign ₹600-cr real estate deal in Ahmedabad
Arvind SmartSpaces Limited (ASL), the real estate arm of textile major Arvind Ltd on Monday announced that it has signed a new residential plotted development […]
KBC Global to issue 1:1 bonus shares
KBC Global, a construction and real estate development company, will issue bonus shares in the ratio of 1:1, subject to shareholders approval. The Board of […]
NGT delivers a split verdict on G Square’s Coimbatore township project
The National Green Tribunal, Southern Zone, Chennai, has delivered a split verdict on a case related to development of the township project and the construction […]
Australia bans foreigners from buying existing homes for two years
Australia will ban foreign investors from buying existing homes in the country for two years, its government said on Sunday, in an effort to boost […]
Merlin Group, Fashion TV join hands for ₹800-crore luxury residential project in Kolkata
Real estate developer Merlin Group has formed an exclusive partnership with fashion media giant Fashion TV (FTV) to launch a ₹800-crore branded luxury residential project […]
New town plans in progress for 9 growth centres near Chennai, including Parandur: Stalin
New town development plans are under preparation for nine growth centres around Chennai, including Parandur where the greenfield airport is being planned, said Chief Minister […]
Foundation stone laid for new 27-floor Central Tower in Chennai
Tamil Nadu Chief Minister MK Stalin on Friday laid the foundation stone for the construction of ₹350 crore, 27-floor Central Tower being executed by the […]
Tvasta builds 3D-printed villa for Godrej Properties in Pune
In a bid to showcase opportunities for 3D-printed homes in the future, Tvasta Manufacturing Solutions, a deep-tech start-up, has constructed a 3D-printed villa for Godrej […]
Tvasta builds 3D-printed villa for Godrej Properties in Pune
In a bid to showcase opportunities for 3D-printed homes in the future, Tvasta Manufacturing Solutions, a deep-tech start-up, has constructed a 3D-printed villa for Godrej […]
Signature Global sales bookings jump 2.8 times to ₹8,670 crore in Apr-Dec of FY25
Real estate company Signature Global sales bookings jumped 2.8 times to a record ₹8,670 crore in the first nine months of this fiscal on strong […]
Shriram Properties expands project pipeline with luxury development in Chennai
Shriram Properties Limited (SPL), a mid-market and mid-premium focused residential real estate developers in South India, has signed a Joint Development Agreement (JDA) to develop […]
Signature Global Q3 results: Signature Global trims net debt 29% to ₹720 crore on strong sales, internal cash flows
Growing home sales | Photo Credit: HYWARDS Realty firm Signature Global has reduced its net debt by 29 per cent in the October-December quarter to […]
We’re not in a rat race; NRI interest in Indian real estate back: Aakash Ohri, JMD, DLF Ltd
Buoyed by strong sales of 173 homes for ₹11,816 crore in its ultra-luxury project in Gurugram, realty major DLF is now targeting ₹23,000 crore-odd from […]
Godrej Properties net debt down 49% in Q3 to ₹3,848 crore on better cash flow, equity fundraise
Godrej Properties Ltd has reduced its net debt by 49 per cent to ₹3,848 crore during the latest quarter ended December on the back of […]
Office, retail demand push Kochi’s commercial real estate growth
Driven by office and retail demand, commercial real estate in Kochi has registered robust growth, highlighting the city’s growing prominence as a promising destination. The […]
Upward rise in REIT occupancies, rents indicate healthy office demand
Occupancies at the office portfolios under real estate investment trusts (REITs) saw a significant rise in the third quarter aided by the denotification of SEZ […]
Sobha’s Q3 PAT jumps 43.8% y-o-y to ₹21.7 crore on strong operational performance
Sobha Ltd has reported a profit after tax (PAT) of ₹21.7 crore reflecting a 43.8 per cent year- on-year increase. The company’s quarterly performance was […]
In big relief, buyers can get possession of flats, plots during insolvency process
In a big relief for homebuyers, the Insolvency and Bankruptcy Board of India (IBBI) has allowed resolution professionals to hand over possession of plots, apartments, […]
Mindspace REIT acquires commercial property in Hyderabad for ₹2,038 crore
Mindspace Business Parks REIT announced today the acquisition of Commerzone Raidurg, a Grade-A commercial property in Hyderabad’s Madhapur area, for ₹2,038 crore. The deal involves […]
Godrej Properties reports strong Q3 performance
Real estate developer Godrej Properties’ third quarter net profit and revenue saw a sharp rise, delivering projects of 2.6 million square feet across two cities. […]
Brigade Hotel Ventures secures SEBI approval for ₹900 crore IPO
Brigade Hotel Ventures Limited, a wholly-owned subsidiary of Brigade Enterprises, has secured SEBI approval for its ₹900 crore IPO debut. The company’s IPO includes a […]
Mahindra Lifespace bags ₹950 cr redevelopment project in Mumbai
Realty firm Mahindra Lifespace Developers on Monday said it has bagged a redevelopment project in Mumbai with an estimated revenue of ₹950 crore from the […]
Budget fails to address key concerns of real estate sector: CREDAI, NAREDCO
The real estate industry has said that the Union Budget should have addressed crucial areas, such as the affordable housing segment. Rising home loan interest […]
WeWork India files for IPO through OFS of up to 4.4 crore shares
WeWork India has filed the draft prospectus with Securities and Exchange Board of India (SEBI) for its initial public offer (IPO), which will be entirely […]
Prestige Estates sales bookings down 38% to ₹10,066 cr in Apr-Dec
Real estate firm Prestige Estates Projects Ltd’s sales bookings have declined 38 per cent to ₹10,065.7 crore during the April-December period of this fiscal year […]
₹8,900 crore additional allocation for residential rooftop solar
The Budget 2025-26 makes an allocation of ₹20,000 crore, under ‘revenue expenditure’ for the PM Surya Garh Muft Bijli Yojana (PMSGMBY) — a scheme that […]
India’s much showcased affordable housing market see a steep decline
Once showcased as a flagship in the Centre’s push for ‘Housing for All’, India’s affordable housing sales are witnessing one of its steepest fall in […]
GSquare Group forays in to villa and apartment development
GSquare Group, a major plot promoter, is foraying in to developing apartments and villas and will invest nearly ₹1,000 crore in the next two years […]
Embassy REIT posts record Q3 revenue, 13% jump in distributions
Embassy Office Parks REIT, India’s largest office REIT, reported record quarterly revenue of ₹1,022 crores and net operating income of ₹829 crores for Q3 FY2025, […]
Industrial & logistics leasing hits all-time high in 2024 at 39.5 m sq ft across eight cities: CBRE report
Leasing in industrial & logistics reached a peak of 39.5 million sq ft in CY 2024 across the top eight cities. This is supported by […]
Filmistan Studio site acquired by Arkade Developers for ₹165 crore
A 4-acre property in Mumbai, the site of the historic Filmistan Studio which churned out blockbuster movies in the 1940s and 1950s, has been acquired […]
Brigade Enterprises PAT up threefold to ₹236 crore for Q3FY25
Bengaluru-based property developer Brigade Enterprises reported a profit after tax of ₹236 crore for the quarter ended December 31, marking a 322 per cent increase […]
Infra.Market leases space in Thane for ₹200 crore rent over 20 years
IPO-bound Infra.Market has signed a 20-year lease with Ekatva Group at its property in Thane at rent of over ₹200 crore, a release from the […]
Blackstone to file draft offer document for $700 mn REIT in February
Blackstone Inc is gearing up to file the draft papers for the launch of its office-based real estate investment trust (REIT) in India, sometime in […]
Arvind SmartSpaces to develop ₹1350 crore industrial park near Ahmedabad
Arvind SmartSpaces Limited (ASL), the real-estate arm of Ahmedabad-based textile major Arvind Ltd, on Monday said that it has signed an agreement for a ₹1350 […]
Lodha versus Lodha: Brothers slug it out in court over trademark use
The two Lodha brothers, Abhishek Lodha of Macrotech Developers and his brother Abhinandan Lodha of House of Abhinandan Lodha, are slugging it out in court […]
Arvind SmartSpaces enters Mumbai Metropolitan Region with ₹1500 crore township project
Arvind SmartSpaces Limited (ASL), has signed an agreement for its first horizontal multi-use project in Mumbai Metropolitan Region (MMR), with a total estimated area of […]
Macrotech Developers Q3 net profit rises 88% on robust sales
Real estate developer Macrotech Developers reported an 88 per cent rise in consolidated net profit in Q3 of FY25, while revenue rose over 39 per […]
DLF net profit up 62 per cent, bookings surpass FY25 guidance
Delhi NCR-based listed real estate developer, DLF Ltd, reported a 62 per cent jump in consolidated net profit, y-o-y to ₹1059 crore for the quarter […]
Mindspace Business Parks REIT sees strong growth in Q3 with rising net operating income and leasing activity.
Mindspace Business Parks REIT reported 8.3 per cent rise in the net operating income in the third quarter at ₹522 crore and revenue from operations […]
Nuvama-Cushman & Wakefield JV raises ₹1,700 crore for Prime Offices Fund
Nuvama and Cushman & Wakefield Management, a joint venture between Nuvama Asset Management and Cushman & Wakefield, announced the first close of its Prime Offices […]
Office leasing in top 6 cities seen at 60 msf in FY25-end
Commercial office leasing across the top six cities in India is expected to rise 10-11 per cent on year to end at 59-60 million square […]
Greenbase in final stages of acquiring 55 acres of land at Oragadam
Greenbase Industrial & Logistics Park, a Hiranandani- Blackstone joint venture, is in the final stages of acquiring about 55 acres of land adjacent and contiguous […]
Investor and buyer interest revives for Trump Tower residential projects in India
New Delhi, January 21 Buyer interest and investor activity have returned to Trump Tower residential projects in India. Sources said there is active interest for […]
Oberoi Realty Q3 PAT up 72%, on higher delivery of houses
Real estate developer Oberoi Realty reported a 72 per cent increase in consolidated net profit in the third quarter of FY25, with revenue rising 34 […]
Delhi NCR saw the most land deals in 2024 despite prices skyrocketing: Anarock report
Financially strong real estate developers and other entities continued to acquire land in 2024 despite escalating land prices. Backed by high homebuyer demand, the Delhi […]
Provident housing launches second phase of Bengaluru eco-project
Provident Housing Limited announced today the launch of the second phase of its Provident Ecopolitan project in Bengaluru, following the sell-out of its first phase. […]
Garuda Construction bags ₹1,087 crore convention centre project in UP
Garuda Construction and Engineering Limited announced today it has secured its largest-ever order worth ₹1,087.34 crore from the Gorakhpur Development Authority to construct an international […]
Sundaram Alternates crosses ₹1,000 crore-mark with real estate fund IV
Sundaram Alternates, part of the Sundaram Finance Group, announced that it has recently surpassed the ₹1,000-crore milestone in fundraising for its Sundaram Alternative Opportunities Series […]
Godrej Properties forays into Hyderabad
Godrej Properties has forayed into the thriving Hyderabadreal estate market by announcing the launch of its maiden residential project Godrej Madison Avenue at Kokapet, which […]
Puravankara reports ₹1,265 crore in Q3 sales, marks 2% YoY growth
Bengaluru-based real estate developer Puravankara reported sales of ₹1,265 crore for the quarter that ended on December 31, up by 2 per cent year-on-year (YoY) […]
Indian real estate PE investments rise 6% in 9MFY25 despite fewer deals: ANAROCK
Private equity (PE) investments in Indian real estate displayed a notable shift in the first nine months of FY25 (9MFY25), with total investment value rising […]
Indian Real Estate attracts $2.82 billion in private equity investement: Anarock
Private equity investment in Indian real estate rose 6 per cent to$2.82 billion during the April-December period of this fiscal, driven by a surge in […]
Institutional investment in Indian housing market up 46% in 2024: Colliers India
India’s housing market attracted an institutional investment of $1.15 billion last year, up 46 per cent annually, as investors look to encash strong demand of […]
NCLAT green-lights Indiabulls Real Estate-Embassy Group merger, overrides NCLT order
In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal NCLAT has sanctioned the scheme of amalgamation to merge both […]
Cushman and Wakefield appoints Moinuddin Patel as Managing Director in Pune
Cushman and Wakefield, a real estate services company, today announced Moinuddin Patel’s appointment as Managing Director, Pune. In this role, Moinuddin will oversee the firm’s […]
Punjab & Sind Bank rejects Supertech Township Projects’ settlement proposal; NCLAT to decide on insolvency
Punjab & Sind Bank, the lead lender of Supertech Township Projects, has rejected the settlement proposal and NCLAT will now take a final decision on […]
Krishna Group debuts in hospitality with Four Points by Sheraton Chennai in Velachery
Chennai-based Krishna Group, a leading player in the real estate sector, has announced its debut in the hospitality sector with the launch of Four Points […]
Indian real estate sees $11.4 billion equity investments in 2024, with Singapore, US, and Canada leading foreign inflows.
Indian real estate recorded equity investments of $11.4 billion in 2024, marking a 54 per cent year-on-year (y-o-y) growth, according to a report by CBRE. […]
Office space leasing in Kolkata marginally up at 1.3 million square feet in 2024
Office space leasing in Kolkata stood at 1.3 million square feet in 2024, which was marginally up from 1.2 million square feet in 2023 in […]
Puravankara acquires 3.63-acre land in Bengaluru with estimated GDV worth ₹700 crore
Bengaluru-based real estate developer Puravankara has acquired a 3.63-acre land parcel in Vajrahalli, Kanakapura Road, Bengaluru. The land is expected to generate a gross development […]
Radisson Hotel Group launches its property in Vellore
Radisson Hotel Group has announced the opening of its latest property — Park Inn by Radisson Vellore — in Vellore, Tamil Nadu. “This opening underscores […]
GCCs lead Chennai’s office leasing which was recorded at 8.1 mn sq ft in 2024
Chennai recorded office transaction volumes of 8.1 mn sq ft in 2024 while new office completions were recorded at 2.1 mn sq ft. Global Capability […]
Bengaluru dominates commercial office-leasing space with 18.1 msft in 2024: Knight Frank India
Bengaluru continued its dominance in the Indian commercial office market with 18.1 million square feet (msft) absorption in 2024. This accounted for one-fourth of the […]
Home sales, office leasing see new highs in 2024
Residential sales in the top 8 cities of India was a little over 3.5 lakh units in 2024, up 7% on year, according to Knight […]
TARC reports presales of ₹1,165 cr in Q3FY25, 1000% growth!
TARC Limited, a Delhi-based luxury real estate developer, reported presales of ₹1,165 crore in the third quarter of fiscal year 2025, marking a year-over-year growth […]
Macrotech Developers Q3 sales up 32% at ₹4510 cr, best ever pre-sales growth
Macrotech Developers sold houses worth ₹4510 crore in the December quarter, up 32 per cent on year, while it cut its debt to ₹4320 crore […]
