Real Estate

The Bengaluru-based real estate developer reported a 40 per cent rise in collections and an 18 per cent increase in average price realisation, while reaffirming its FY27 sales guidance

Realty firm Puravankara on Monday reported a 28 per cent growth in sales bookings to Rs 1,439 crore for the first quarter of this fiscal on better volumes as well as average price realisation. In a regulatory filing, the Bengaluru-based firm shared its operational update for the April-June period of the 2026-27 fiscal. The collection of funds from customers rose 40 per cent year-on-year (YoY) to Rs 1,199 crore. In volume terms, sales area rose 9 per cent to 1.36 million square feet. The average price realisation increased 18 per cent year-on-year to Rs 10,589 per sq ft. During the June quarter, Puravankara handed over 0.94 million sq ft, delivering 745 homes. "With this strong start to the year, we remain firmly on track to achieve our 202627 sales guidance of Rs 11,200 crore across the Southern and Western regions, and we are confident of building on this momentum through the remainder of the year," said Ashish Puravankara, Managing Director of Puravankara Ltd. As of March 31, 2

Keystone Realtors Ltd has posted a 42 per cent decline in its sales bookings to Rs 617 crore for the quarter ended June as it did not launch any new project. The company had sold properties, primarily housing, worth Rs 1,068 crore in the year-ago period. Mumbai-based listed developer has shared its operational update for April-June quarter of FY27. " Given that there was no new launch planned in Q1FY27, pre-sales were mainly supported by resilient sustenance sales, reflecting continued buyer interest and sustained homebuyer confidence in the company's projects," Keystone Realtors said. With general improvement in economic situation due to stability in geo-political situation, the company said it expects pickup in sales in the upcoming quarters. The collections of funds from customers rose to Rs 599 crore in Q1FY27 as compared to Rs 575 crore in the year-ago period. Boman Irani, CMD of Keystone Realtors Ltd, said, "Q1, FY27 marks a steady start to the year as we build on the stro

The flex workspace operator will pay rent for a chargeable area of 114,950 sq ft at Worldmark 6 in Delhi's Aerocity, with a 15 per cent escalation every three years

Mumbai's coastal luxury housing pipeline has reached ₹6,000 crore, with new waterfront redevelopment projects set to benefit from major infrastructure upgrades

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Commercial leasing eased from last year's record high, while residential sales remained among the strongest in a decade as India's property market entered a phase of stabilisation

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Board increases issue size nearly fourfold from ₹400 crore; proceeds may be used for debt refinancing, project construction, working capital and general corporate purposes

The company now intends to revisit the plan once it has achieved greater scale, potentially allowing it to pursue a larger offering and command a higher valuation

Residential developers are expanding into India's Tier-2 cities as infrastructure upgrades, affordability and rising housing demand create new growth opportunities

Vinod Dinanath Chopra has acquired a 698 sq. ft. carpet area ground floor residential property at Bahar Apartment Annexe on Pali Mala Road from Rakeysh Omprakash Mehra Pictures Pvt. Ltd. for ₹7.75 cr

The Mumbai-based developer said its Gurugram luxury project, Three Sixty North, recorded bookings for about 2.31 million square feet of saleable area

Mumbai-based Oberoi Realty Ltd on Sunday said it has sold luxury homes worth Rs 8,109 crore in its newly launched project in Gurugram on strong consumer demand. The company had on June 29 announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore and a revenue potential of Rs 16,000 crore. In a regulatory filing on Sunday, Oberoi Realty said that it has "recorded gross bookings of approximately Rs 8,109 crore at 'Three Sixty North', its first luxury residential development in the NCR." The company has sold 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft of saleable area) in this 14.8 acre project, it added. The company has launched the first phase of its housing project, located at Golf Course Extension Road in Gurugram, comprising 832 units across six towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realt

Proptech unicorn Square Yards expects 40-50 per cent revenue growth in FY27, driven by expansion in fintech, AI-led initiatives and broader real estate services

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

Developers have become selective in launching new projects: Analysts

Knight Frank says lower borrowing costs following RBI's 125-basis-point repo rate cuts supported affordability in H1 2026, though MMR and NCR remained above the affordability threshold

Ahmedabad remains the most affordable housing market; MMR, NCR continue to breach affordability threshold

MOFSL has Buy ratings on Lodha Developers, DLF, Godrej Properties, and AB Real Estate, while it has a Neutral rating on Oberoi Realty