Housing Project

Gulshan Empire will offer 500 premium residences across 5.5 acres, with homes starting at ₹2.2 crore and estimated sales realisation exceeding ₹1,200 crore

Maharashtra Chief Minister Devendra Fadnavis on Tuesday said the Dharavi Redevelopment Project was not merely a housing scheme but an economic transformation initiative, and asserted that the first phase of about 10,000 houses would be completed in the next 18 months. Speaking in the legislative assembly, Fadnavis said that under the redevelopment project, eligible residents will be rehabilitated at the site, while others will be provided homes at nearby locations. He also said the state has identified 19 cluster redevelopment projects across Mumbai as part of its strategy for planned urban renewal and housing. Dharavi Redevelopment Project is an ambitious urban renewal initiative to transform Asia's largest slum in central Mumbai into a modern, transit-oriented hub. It aims to rehabilitate the residents while preserving the area's vital informal economy and local industries. The project commenced in January 2025. Fadnavis said the Dharavi Redevelopment Project envisages around 95

Realty firm Prestige Estates Projects will invest around Rs 15,000 crore this fiscal in the construction of residential and commercial projects across South India, Mumbai Metropolitan Region and Delhi-NCR. Bengaluru-based Prestige Estates is one of the leading real estate developers in the country. It achieved a record sales bookings of Rs 30,024 crore during the 2025-26 fiscal, up 76 per cent from the preceding year. "We will be investing Rs 14,000-15,000 crore this fiscal on construction," Prestige Estates Projects Executive Director Zayd Noaman told PTI. Out of the projected construction spend, he estimated around Rs 9,500-10,000 crore for housing projects and Rs 4,500-5,000 crore for commercial projects, including office complexes and shopping malls. Noaman said the company is focusing a lot on scaling up construction activities to ensure the timely execution of projects. Even during the 2025-26 fiscal, he said, the total construction spend was around Rs 13,500 crore. "Overal

Mahindra Lifespaces plans ₹45,000 crore worth of project launches over the next two years as it accelerates expansion to achieve ₹10,000 crore annual sales by FY30

Developers brace for up to year-long project delays as the prolonged West Asia conflict raises costs, disrupts supplies and worsens labour shortages

Godrej Properties Ltd on Monday said it has acquired 23.2 acre land in Greater Noida via auction to develop a housing project with a revenue potential of more than Rs 7000 crore. In a regulatory filing, the company informed that it has "won the bid for a 23.2 acres (93,905 square metre) residential land parcel in DMIC integrated township, Greater Noida, through an e-auction". The auction was conducted by DMIC Integrated Industrial Township Greater Noida Ltd. Godrej Properties will develop a group housing project on the land parcel, "which is expected to offer an estimated revenue potential of over Rs 7,000 crore". Gaurav Pandey, MD and CEO, Godrej Properties, said, "We have witnessed consistent demand for our existing projects in Noida, and we remain bullish on this market. This will further strengthen our development portfolio in NCR (National Capital Region) and fits well with our strategy of deepening our presence in key micro markets across India's leading cities". Godrej ...

Singapore-listed Thakral Corporation Limited has completed the acquisition of an additional 81.6-per cent stake in TIL Investments Private Limited for SGD 93.9 million, bringing its total ownership in the 21-acre Gurugram mixed-use healthcare-led development to 95.3 per cent. The acquisition, completed through Thakral's wholly-owned subsidiary, Paramount Investments Pte Limited (PIPL), follows shareholders' approval at the Extraordinary General Meeting held on April 30. It was announced on Thursday. The increased ownership gives Thakral full strategic control over the 21-acre site with development potential of more than 2.5 million sq. ft in New Gurugram, one of India's leading real estate markets. Gurugram is the primary office hub within Delhi-NCR, accounting for 62 per cent of total office leasing in the region, and is a preferred destination for multinational and Fortune 500 companies. The city has an active luxury-housing market, with strong interest from national developers, a

Realty firm Brigade Enterprises has signed an agreement to jointly develop a 5.6-acre housing project in Hyderabad with an estimated revenue of Rs 850 crore. In a regulatory filing on Monday, the company said it has signed a Joint Development Agreement (JDA) to develop a premium residential project on a land parcel spanning 5.6 acres at Kompally, Hyderabad. The company did not name the landowner with whom it has signed the JDA. "The project will have an estimated revenue potential of Rs 850 crore," it added. Brigade Enterprises said it would continue to acquire land parcels in Hyderabad as it is an important market for the company's overall growth. The company would deploy around Rs 5,000 crore across residential, commercial, hospitality and retail over the next 3-4 years. Established in 1986, Bengaluru-based Brigade Group is one of India's leading property developers. It has developed many projects in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT ...

Rising construction costs raising margin pressures; timelines maybe pushed by 3-6 months; mid-to-small scale developers more impacted

The company noted that the 15-minute city model is increasingly influencing urban planning globally, with leading cities reorienting development around accessibility, efficiency, and quality of life

Realty firm Mahindra Lifespace Developers Ltd is expecting a revenue of around Rs 3,000 crore from its new housing project in Mumbai. In a regulatory filing on Thursday, the company said it has launched first two phases of a mixed-use project 'Mahindra Rainforest' on LBS Marg, Kanjur, Mumbai. "Spanning 25.47 acres, the project is among the largest developments in Mumbai's central suburbs and is envisioned as an integrated lifestyle destination. The residential launch phases have an estimated Gross Development Value (GDV) of approximately Rs 3,000 crore," it added. The GDV means the total sales value of units launched in this project. Mahindra Lifespace Developer Ltd, the real estate and infrastructure development arm of the Mahindra Group, did not mention the investment to develop this project. The company's development footprint spans 53.65 million sq ft (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It also has over 5,000 a

Targeted housing under BLC component raised from 111,000 to 500,000 homes in FY27

Realty firm Godrej Properties Ltd on Friday said it has bought 8.5 acre land to build a housing project with an estimated revenue of Rs 2,000 crore. In a regulatory filing, Godrej Properties informed that it has acquired a 8.5-acre land parcel through outright purchase at Mahalunge, Pune. "The proposed development will primarily comprise group housing and is expected to offer a developable potential of approximately 2.1 million square feet, with an estimated revenue potential of Rs 2,000 crore," the company said. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Pune is one of India's most vibrant urban centers, driven by robust infrastructure development and thriving commercial hubs." Godrej Properties, one of the leading real estate developers in the country, is acquiring land parcels for future developments. The company has a strong presence in Mumbai Metropolitan Region, Pune, Bengaluru and Delhi-NCR. It has also entered the Hyderabad market recently.

The first phase will offer 230 four-bedroom residences across five towers, with unit sizes ranging from around 4,300 to 4,500 square feet

Realty firm Gera Developments will invest about Rs 1,100 crore to develop a new housing project in Pune as part of its expansion plan. In an interview with PTI, Rohit Gera, Managing Director of Pune-based Gera Developments Pvt Ltd, said the company has entered into wellness-centric homes, starting with an 8-acre upcoming project in Pune. "We have roped in Bollywood actor Hrithik Roshan as brand ambassador for Gera's WellnessCentric Homes," he added. Elaborating on the first wellness-centric project, Rohit said the company will develop around 1,000 flats in the two phases of this 8-acre project. In the first phase, the company will launch around 500 units for sale, with a starting rate of around Rs 1.25 crore per unit. Asked about the project cost, Rohit said the investment would be around Rs 1,100 crore, including land. The land cost is fully paid, and the company plans to meet the construction cost from internal accruals. "We are planning to develop six more wellness-centric ho

Realty firm Ashtech Group, which is into construction materials and infrastructure development, has entered into the real estate business and will develop around Rs 1,800 crore to build a luxury housing project in Greater Noida. The company's first project will be developed on a fully paid-up 5.6-acre plot, which it acquired from the authority for around Rs 300 crore, Ashtech said in a statement on Thursday. Sumit Agarwal, Director of Ashtech Group, said the company has been in allied sectors such as fly ash bricks, AAC Blocks, Ready-mix concrete (RMC), Pre-Engineered Building, large-scale infrastructure, and power infrastructure. "We believe this is the right time to extend our expertise to real estate development," he added. The company will soon launch the first phase of the upcoming project. Delhi-NCR-based Ashtech Group, which posted Rs 500 crore turnover last fiscal, plans to launch more projects in the coming years. The real estate sector has been performing exceedingly we

Police have registered a case against a real estate developer and others for allegedly defrauding homebuyers of Rs 100 crore by promising flats in Mumbai's Wadala area and diverting the funds for personal use, officials said on Thursday. The police's Economic Offences Wing (EOW) registered the case on Wednesday after the preliminary enquiry based on a complaint filed by 62-year-old Chartered Accountant Anil Dron, a resident of Kandivali in Mumbai, an official said. The accused -- real estate developer Subbaraman Anand Vilaynur, his wife Uma Subbaraman, B P Gangar Constructions and others -- collected Rs 100 crore from 102 persons in the name of 'Sky 31' housing project in Wadala (West) since 2018, promising each a flat, he said, quoting the complaint. After collecting money from the victims, the accused allegedly conspired to divert the funds to their personal and other bank accounts instead of using them for the housing project, the official said. The accused also sold one flat t

The 14-acre project off Bengaluru's Outer Ring Road will feature 1.7 million sq ft of residential space with 750 apartments, plus 0.5 million sq ft of commercial and retail zones

Realty firm Shriram Properties Ltd has partnered with a landowner to develop a Rs 600 crore housing project in Bengaluru. In a regulatory filing on Monday, the company said it has signed a Joint Development Agreement for a 7-acre land in North Bengaluru. "The company is set to develop a premium row houses project with an estimated GDV (Gross Development Value) potential of about Rs 600 crore," it added. Shriram Properties will launch this project in the next financial year. Akshay Murali, Vice President - Business Development at Shriram Properties, said, "Yelahanka's strong infrastructure growth and proximity to the upcoming biodiversity park make it an exceptional location for premium row houses. We are confident this development will redefine the residential landscape in North Bengaluru." Shriram Properties Ltd, one of the leading real estate developers in the country, has a significant presence in Bengaluru, Chennai, Pune and Kolkata. It delivered 48 projects with a saleable a

Realty firm Godrej Properties is expecting a revenue of more than Rs 10,000 crore from an upcoming housing project at Worli in Mumbai. The upcoming project 'Godrej Trilogy', spanning 2.63 acres, will feature three residential towers. In the first phase, the company will launch two towers during this quarter. In a regulatory filing on Monday, the company informed that it has received the project registration certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for its upcoming residential development, Godrej Trilogy, located in Worli. This is part of a joint development to redevelop a prime land parcel. "The gross estimated revenue potential of the total project is over Rs 10,000 crore," the company said. Currently, RERA approval has been obtained for two of the three proposed towers, comprising about 11 lakh square feet of saleable area in Phase 1. With approvals now in place, the first phase featuring towers named Seaturf and Seafront will be launched in