Category: Real Estate

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 a 26 per cent year-on-year increase in…

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 tech-driven platform, and explore acquisitions in new…

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 announced Bollywood star Shah Rukh Khan as…

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 population projected to double to 346 million…

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 has emerged as the top contributor to…

Mr. Vikas Oberoi, Chairman and Managing Director of Oberoi Realty | Photo Credit: PAUL NORONHA Oberoi Realty has sold luxury apartments worth ₹970 crore in its integrated township project at Goregaon in…

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 seeks to expand business amid strong demand…

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 during the March quarter on lower income….

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 | Photo Credit: HEMANSHI KAMANI Markets regulator…

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 were registered in Mumbai in April making…

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 as its new President for the term…

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 revenue for Q4FY25, driven by 1.6 million…

 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 ₹8,000 crore this fiscal to acquire land…

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 cumulatively infused nearly ₹74,000 crore in the…

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 has the capacity to accommodate more than…

Prestige Hospitality Ventures plans to use ₹1,121 crore from its IPO proceeds to repay debt while the remaining net proceeds will be utilised to fund acquisitions and strategic initiatives Prestige Hospitality Ventures…

Ranjeeth Rathod, MD, DRA, at a press conference, in Chennai on Thursday ( November 28, 2024) Photo : Bijoy Ghosh To go with Raja Simhan’s report | Photo Credit: BIJOY GHOSH DRA,…

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 34,000 fresh equity shares to the company…

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 of five acres of land for a…

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 loans through lower interest bearing bonds thereby…

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 Media Technologies, the company behind hyperlocal platforms…

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 Chennai-based real estate developer, has launched Casagrand…

 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 project in Malur, East Bengaluru. This marks…

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 for premium retail spaces, a top company…

Macrotech Developers reduces net debt by 7% in Q1 with strong sales and fund collections | Photo Credit: SasinParaksa Realty firm Macrotech Developers’ net debt fell by 7 per cent in the…

Oberoi Realty is one of the leading real estate developers in the country. It focuses on luxury housing segments.  | Photo Credit: BL companies Real estate firm Oberoi Realty Ltd on Saturday…

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 last fiscal on lower volumes. Its sale…

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 focusing more on sustainability, according to a…

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  | Photo Credit: SUDHAKARA JAIN Thirty-two-year-old Alisha,…

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 the city’s rental system. With a modest…

Arun Mn, Founder and Managing Director, Casagrand | Photo Credit: BIJOY GHOSH Real estate developer Casagrand has announced its foray into the senior living segment with the launch of Casagrand Cheers. The…

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 FY25, compared to ₹3,609 crore in FY24….

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 floors in Perambur. This will beat its…

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 Bengaluru. This is the second investment of…

Abhinandan Lodha (left) and Abhishek Lodha (Right) The Lodha brothers — Abhishek Lodha and Abhinandan Lodha — have resolved their trademark dispute, with it being agreed that Macrotech Developers will have the…

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 real estate consulting report. Of this, about…

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 of RWD, assuming office as President. The…

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 develop housing projects with a total sales…

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 4 to 8 per cent, according to…

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 The rent for office spaces in India’s…

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 branded hospitality segment in the country. Typically…

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 platform.  | Photo Credit: BL companies Macrotech…

Logistics and warehousing attracted 48 per cent of PE funding in FY25 — the highest share in the last five years Amid sectoral shifts and global headwinds, India’s real estate has observed…

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 1,300 designed 2, 3, and 4 BHK…

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 ₹6,277 crore in FY 2025, backed by…

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 Global (India) Limited announced its highest-ever annual…

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 business and hotel tourism. istock photo for…

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 development value (GDV) of ₹225 crore in…

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, said a spokesperson Following allegations of fraud…

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 apartment project located in Marol, Andheri (Mumbai)….

N. Ravichandran, Founder, True Value Homes India Pvt. Ltd | Photo Credit: PERIASAMY M The Enforcement Directorate on Monday raided multiple premises in the city as part of an investigation against a…

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, Mumbai. The project has an estimated gross…

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, Godrej Riverine, in Sector 44, Noida. The…

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 Ltd has received a show cause notice…

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 raise ₹1,000 crore through an initial public…

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 India’s infrastructure sector is grappling with massive…

Sivakumar Pethaiyan, National Sales Head, G Square Realtors Pvt Ltd, at a media briefing in Chennai on Tuesday | Photo Credit: BIJOY GHOSH G Square Realtors Pvt Ltd, the Chennai-based land aggregator…

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 report said. Residential sales in Q4 of…

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, the company announced today. The shares of…

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 into believing they were buying properties from…

Merino Shelters, a wholly owned subsidiary of MAN Industries, has entered into partnership with Paradise Group for developing its 6-acre land parcel in Navi Mumbai over six years and monetising value of…

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 real estate sector which apprehends an adverse…

Aditya Birla Real Estate (formerly Century Textiles and Industries) has sold the pulp and paper undertaking at Lalkuan in Uttarakhand to ITC for ₹3,498 crore. The board at its meeting held on…

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 revenue of ₹1,588 crore, Maharashtra government data…

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 consumer demand. The company will develop a…

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 the past three years. These transactions have…

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 2025. GCCs are expected to account for about…

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 project at Gurugram, despite an overall demand…

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 Mysuru. The company plans to develop approximately…

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+ (stable). In its rating rationale, CRISIL stated,…

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 market is impacted by high prices, weak…

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 sharp drop in prices across the region…

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 am. Birla Estates Private Limited, a wholly…

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 for comapanies, according to a report by…

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 data by PropEquity, pointing to a continuing…

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 corporate presentation uploaded on stock exchanges, DLF…

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 will be part of its 120-acre mixed-use…

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 potential of ₹2,700 crore. Located in Sangamwadi,…

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 developers after State Finance Minister Thangam Thennarasu…

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 to people familiar with the matter, helping…

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 subsequently divest approximately 25 acres in Whitefield,…

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 residential building. The shares of Man Infraconstruction…

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 – South West Asia, IHG. Currently, in…

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 to “become a zero-NPA (non-performing asset) company”,…

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 an additional ₹100 crore green-shoe option. This…

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 workers. Mumbai-based IWG, which operates brands like…

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 Developers for close to ₹2000 crore, taking…

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 has launched a residential project ‘Brigade Eternia’…

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 building permits issued over the years. After…

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. Bengaluru-based Hanto Workspaces had posted a 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 project spans a total development area of…

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 building permits issued over the years. After…

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 by real estate services company Colliers. In…

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 one of the fastest emerging markets in…

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 tap demand for top-quality green commercial properties….

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 India. Addressing a conference organised by Confederation…

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 plotted development projects, a top company official…

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. Cement prices have already dipped to its…

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 in Chennai across residential, commercial, retail, and…

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 (about $712 million) with a commercial portfolio…

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 units with complete and exclusive land ownership….

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 the ongoing quarter to expand business amid…

Chennai is the only city among the top six – the other five are Bengaluru, Hyderabad, Mumbai, Pune and NCR – that witnessed a dip in new office completions (Grade A) in…

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 per cent FDI-funded real estate developer and…

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. The termination affects World Trade Center branded…

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) corridor. The 17-km ORR metro project connects…

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 80-key luxury Oberoi-branded resort with the “vilas”…

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), rather than floating a real estate investment…

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), rather than floating a real estate investment…

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 that the trend is continuing in 2025…

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 the month having fewer days. In January,…

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 North Bengaluru. The booking value of the…

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. The Mumbai-based developer sold 1,398 homes with…

The Enforcement Directorate on Thursday launched searches at multiple premises of two real estate companies — WTC Builder and Bhutani Group — and their promoters in the national capital region of Delhi…

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 demand for its residential projects in Gurugram….

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 company did not get the clearance of…

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 across industries such as banking, travel, automobile,…

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, a top official said. With the latest…

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 in prime locations. With a growing segment…

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 new manufacturing plant. The proposed Indore facility…

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 per cent in 2024 compared to a…

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 ₹482-crore contract to B L Gupta Construction…

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 on strong sales as well as completions…

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 at over 89 million sq ft, the…

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 Phase I, covering 30 acres, with a…

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 Enterprises Ltd, the flagship Company of Brigade…

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 sales.  This is as against 302 bookings…

 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 of India, indicating a comfort in the…

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 expand into Chennai, Hyderabad, Mumbai, and Pune….

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 30 new hospitality projects across the country,…

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 OYO Vacation Homes in 2019. Since then,…

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, which is part of Sobha Group, said…

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 that the trend is continuing in 2025…

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 project in Ahmedabad, with an estimated investment…

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 Directors has also approved a proposal to…

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 of buildings in Coimbatore by the Chennai-based…

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 under-pressure housing supply. “We’re banning foreign purchases…

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 in Kolkata. The first phase of the…

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 MK Stalin on Friday. Inaugurating the 3-day…

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 Chennai Metro Asset Management Company. This is…

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 Properties. The 3D-printed G+1 villa was completed…

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 Properties. The 3D-printed G+1 villa was completed…

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 housing demand. According to its latest investors…

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 a prime land at Koyambedu – a…

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 ₹720 crore on strong pre-sales and collections…

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 the remaining 247 units at ‘The Dahlias’….

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 strong internal cash flow and equity fund…

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 city’s total office space stock grew by…

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 spaces, while in-place rent also increased indicating…

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 driven by consistent operational execution and sustained…

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, or buildings to homebuyers while insolvency proceedings…

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 purchasing 100 per cent equity shareholding in…

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. The quarter also saw bookings worth ₹5,446…

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 fresh issue of equity shares with a…

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 rates and the outdated definition of affordable…

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 saleable area. In a regulatory filing, Mahindra…

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 as it launched fewer housing projects due…

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 through an offer for sale of up…

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 provides incentives for setting up small-scale rooftop…

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 recent times. Homes priced in the ₹60-75…

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 in this expansion. The first project will…

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, both up 9 per cent year-over-year. The…

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 a robust supply addition of 38.6 million…

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 by Arkade Developers for ₹165 crore. Arkade…

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 from the corresponding quarter last year. The…

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 crore industrial park that will be spread…

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 February, sources said. With a size of…

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 real estate developer said. The total area…

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 over the use of the ‘Lodha’ name….

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 cent, as it registered its best quarterly…

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 rose 7.5 per cent to ₹642 crore,…

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 ended December 31, 2024. The company had…

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 about 92 acre and a top-line potential of…

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 feet (msf) in FY25 and rise a…

Nuvama and Cushman & Wakefield Management, a joint venture between Nuvama Asset Management and Cushman & Wakefield, announced the first close of its Prime Offices Fund with a corpus of ₹1,700 crore….

Greenbase Industrial & Logistics Park, a Hiranandani- Blackstone joint venture, is in the final stages of acquiring about 55 acres of land adjacent and contiguous with its existing parcel inside the Hiranandani…

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 these super-premium projects in places like Delhi–NCR,…

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 per cent as the company completed and…

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 and National Captial Region led in the…

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. The new phase, scheduled to launch this…

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 convention centre in Uttar Pradesh. The shares…

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 – High Yield Secured Real Estate Fund…

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 fund inflow in industrial & logistics parks,…

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) compared to ₹1,241 crore during the same…

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 6 per cent year-on-year (YoY) to $2.82…

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 is a hub for a number of…

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 residential properties, according to Colliers India. Institutional…

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 the real estate firms after setting aside…

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. Singapore, the US, and Canada emerged as…

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 by Sheraton Chennai Velachery in collaboration with…

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 operations in Pune, focusing on driving growth,…

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 value (GDV) of over ₹700 crore. The…

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 the city, according to Real estate consultant…

Radisson Hotel Group has announced the opening of its latest property — Park Inn by Radisson Vellore — in Vellore, Tamil Nadu. “This opening underscores our strategy of being a first mover…

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 Centres (GCCs) dominated the market share in…

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 overall office transaction volumes across the top…

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 Frank India. Launches of new houses rose 6%…

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 of approximately 1000 per cent. The company’s…

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 with collections rising 66 per cent. In…