Real Estate Archives - Page 2 of 5

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

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:

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

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

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

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

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

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

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

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

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

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.

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

Prestige Hospitality Ventures files DRHP with SEBI to launch ₹2,700-cr IPO

Prestige Hospitality Ventures plans to use ₹1,121 crore from its IPO proceeds to repay debt while the remaining net proceeds

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

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

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

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

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 |

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

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

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

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

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. |

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

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

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

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

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

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

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

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

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

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

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

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

Casagrand forays into senior living segment with new project in Chennai

Arun Mn, Founder and Managing Director, Casagrand | Photo Credit: BIJOY GHOSH Real estate developer Casagrand has announced its foray

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

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

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

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

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

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

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. |

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

Brigade signs JDA for ₹225 cr GDV project in Mysuru

Pavitra Shankar, Managing Director of Brigade Enterprises Ltd Realty player Brigade Group has signed a joint development agreement (JDA) for

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

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

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

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

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

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

Subodh Runwal promoted Runwal Enterprises files DRHP for ₹1000 crore IPO

Mumbai-based real estate developer, Runwal Enterprises Limited, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange

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

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

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

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

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

Man Indus in pact with Paradise Group for developing 6-acre land in Navi Mumbai

Merino Shelters, a wholly owned subsidiary of MAN Industries, has entered into partnership with Paradise Group for developing its 6-acre

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

Aditya Birla Real Estate divests paper unit to ITC for ₹3,500 cr

Aditya Birla Real Estate (formerly Century Textiles and Industries) has sold the pulp and paper undertaking at Lalkuan in Uttarakhand

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,

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

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

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

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

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

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

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

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

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

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

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

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

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

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

TN Budget 2025: Where will TN ambitious 2,000-acre Global City project 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

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

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)

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

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,

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

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

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

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

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

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

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

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

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

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

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

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

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

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

‘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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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),

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,

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

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

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

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

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

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

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

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

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,

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

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

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.

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

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

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

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

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

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

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.

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

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

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

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

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,

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

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

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

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

Tvasta builds India’s first 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

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

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

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

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

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

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

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

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.

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

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

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

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.

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

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

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

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

₹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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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