Real Estate

Proptech firm secures $95 million through debt and equity and is targeting another $50-60 million as it strengthens its balance sheet ahead of a public listing

Share of national developers in Delhi-NCR's residential supply has risen from 3 per cent in 2022 to over 13 per cent, driven by premium housing demand and infrastructure growth

Real estate consultant Square Yards on Tuesday said it has raised Rs 900 crore from investors to grow business and refinance debt. In a statement, the company said it has raised Rs 900 crore, comprising a mix of debt and equity. The funding round was anchored by EAAA Alternatives and saw participation from global corporate credit manager Muzinich & Co. Square Yards said the equity fund was raised at a valuation higher than its previous round. Sources said the fund was raised at a valuation of more than USD 1 billion, thereby helping the company to achieve unicorn status. During the last fiscal, Square Yards reported revenue of Rs 2,086 crore, a 48 per cent year-on-year growth. The EBITDA jumped 3.7 times to Rs 176 crore. Square Yards offers integrated services, including property search, transactions, home loans, interiors, and property management. The fund will help fortify its balance sheet while enabling the company to fuel further expansion and strengthen its technologica

Co-working and flex-space provider commits Rs 121 crore over five years for Hyderabad office space as it pursues expansion across key urban and Tier-I markets

One in Seven Buyers of Mumbai's ₹25-Crore Homes Comes From Outside Maharashtra

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

Realty firm Prestige Estates Projects plans to launch two new housing projects in Delhi-NCR this fiscal with an estimated revenue of nearly Rs 7,000 crore as part of its expansion plan. In April last year, Bengaluru-based Prestige Group launched its first housing project in Delhi-NCR with a total revenue potential of around Rs 12,000 crore. In an interview with PTI, Prestige Estates Chairman Irfan Razack said, "We are quite bullish on the Delhi-NCR market. We did sales bookings of around Rs 10,000 crore in the NCR market during the last fiscal". He said the company would launch two new housing projects in Delhi-NCR this fiscal, one each in Noida and Gurugram. The total developable area in these two projects would be nearly 8 million sq ft, and the total revenue potential is estimated at Rs 6,800 crore, as per the company's latest investor presentation. "Debuted in the residential NCR market with 'Prestige City Indirapuram', which met a resounding response and clocked over Rs 9,500

The Mahindra Group firm plans a residential project in Kandivali East with a development potential of 1.8 million sq ft and an estimated GDV of ₹5,600 crore

Experts flag coordination gaps as Centre bets on transit-led satellite hubs

Generative AI could lift real estate GVA by $14-17 billion in seven years, improving sales velocity, project launches, productivity and decision-making, says EY-Parthenon-Credai report

BMC's construction water curbs raise concerns over project delays, rising costs and labour disruptions, though developers remain divided on the scale of the impact

The retailer's India arm has leased 8.3 lakh sq ft at Embassy Manyata Business Park, reinforcing Bengaluru's position as the leading hub for GCC-led office demand

Developer launches Rs 1,100-crore Tulip Melrose project on Southern Peripheral Road as part of a larger luxury housing expansion plan

Kalki Koechlin Exits Mumbai Property Investment After a Decade, Bags Rs 60 Lakh Gain

The developer is seeking the five-year loan to fund an office project near Mumbai's Bandra business district

The Enforcement Directorate has now attached assets worth over Rs 1,600 crore in a money-laundering probe involving Raheja Developers.

Kriti Sanon Family's Mumbai Realty Investment Delivers 107% Appreciation

Knight Frank India estimates Mumbai's redevelopment pipeline could generate nearly 59,000 new homes worth around ₹1.5 trillion by 2031, with suburban markets leading activity

Dubai's residential property market continues to attract buyers despite the West Asia conflict, with some investors viewing price corrections as an entry opportunity

The flexible workspace operator has leased 150,000 sq ft in Chennai's Perungudi area, with total rental commitments estimated at ₹235 crore over 15 years