Real Estate News

Mumbai-based Oberoi Realty on Monday 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. The company launched the first phase of its housing project 'Three Sixty North', located at Golf Course Extension Road in Gurugram, comprising 832 units across 6 towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realty CMD Vikas Oberoi told reporters in Gurugram. The company has launched the first phase at a basic selling price of Rs 35,000 per sq ft. "The total revenue potential of this project, including the two phases, is Rs 16,000 crore," Oberoi said. Asked about the investment, he said the project cost would be around Rs 6,000 crore for both phases. In the first phase, the starting price is Rs 19 crore. The size of the apartments ranges from Rs 5,600 sq ft to 8,500 sq ft. The size of the penthouse is 13,000 sq

Housing sales fell 6 per cent in April-June to 90,715 units across seven major cities on subdued demand amid economic uncertainties and also rising home prices, according to Anarock data released on Monday. As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata. These seven cities saw an average price appreciation of 7 per cent during the current quarter as against the same period of 2025. Interestingly, real estate consultant Anarock's sales data for April-June quarter is in complete contrast to a latest report by listed entity PropEquity, which mentioned a 19 per cent growth in sales of residential properties at 1,12,458 units in the current quarter. Commenting on its data, Anarock Chairman Anuj Puri said, "These readings are along expected lines, as the Middle East war's impacts on the entire sector were all too obvious." He pointed out that the "Middle

Higher US yields make global investors choosier as India real estate PE falls 23%

India's 28 big listed real estate companies sold properties worth Rs 1.95 lakh crore last fiscal on strong housing demand with Godrej Properties clocking the highest sales bookings. According to the data compiled from investor presentations, the total combined sales bookings or pre-sales of the 28 major listed realtors stood at nearly Rs 1.95 lakh crore during 2025-26 financial year, up 17 per cent from over Rs 1.66 lakh crore in the preceding fiscal. Godrej Properties, which has a presence across major cities, retained the position of largest listed realty firm in terms of sales bookings in FY26. Bengaluru-based Prestige Estates Projects Ltd jumped to second position, followed by Mumbai-based Lodha Developers Ltd. DLF Ltd, India's largest realty firm in terms of market cap, stood at fourth position while Signature Global Ltd remained at fifth position. Among these 28 players, only six players witnessed a drop in sales bookings during the 2025-26 fiscal. According to property ...

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

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

The Blackstone-backed firm plans to raise capital from domestic and offshore investors to fund residential projects and special situations across six major cities

Institutional investors are increasingly favouring digitally equipped developers, making artificial intelligence adoption a critical factor in accessing capital and driving growth

HSIIDC has identified a 6.7-acre plot in Haryana's Global City project for a proposed 620-700 metre mixed-use tower that could become India's tallest building

There's demand for the Worldmark brand in major markets across India: CEO Sayal

Supply Outpaces 2021 Baseline by 40%: Will Elevated Borrowing Costs Trigger an Inventory Glut?

LIC is looking to improve returns from real estate properties, and the insurer would also explore the option of a separate subsidiary to achieve greater efficiency in managing its vast assets, which are conservatively estimated at over Rs 60,000 crore. "We have substantial real estate, both inherited and purchased over the period of 70 years that we have been operating. It is used both for our own use and as well as investment which earns returns for us. "We look at each piece of real estate as an investment. As part of the asset, we expect each property to contribute towards the returns for the policyholders as well as shareholders," LIC CEO and MD R Doraiswamy told PTI in an interview. In the recent past, he said LIC has initiated a comprehensive review of its real estate portfolio to assess the returns and yields it generates, and to identify opportunities for further optimisation and improvement. This detailed analysis is aimed at enhancing returns for policyholders while also

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 ...

Housing Sales Value Jumps 16% to ₹9.3 Lakh Crore Across 75 Indian Cities

The cluster redevelopment project in Kandivali East spans 2.8 acres and comprises five adjacent societies with residential and high-street retail development

Interest rate cycle affects the attractiveness of REITs; a longer horizon is essential to overcome its impact

India's renewable energy expansion could drive $10-15 billion in land investments by 2030, boosting demand for warehousing, industrial parks and worker housing

Realty firm Puravankara Ltd has reported a consolidated net profit of Rs 109.95 crore in the March quarter on better income. The company had posted a net loss of Rs 88 crore in the year-ago period. Total income more than doubled to Rs 1,540.99 crore during the January-March period of 2025-26 from Rs 563.70 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. During the 2025-26, Puravankara Ltd net profit stood at Rs 56.75 crore as against a net loss of 182.92 crore in the preceding year. Total income increased to Rs 3,846.42 crore last fiscal from Rs 2,093.13 crore in the preceding year. As of March 31, Puravankara has completed 95 projects totalling 57 million sq ft across nine cities: Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company's total land bank is 40 million sq ft and ongoing projects add up to 36.69 million sq ft.

UPRERA advises people to verify land title, complaints against builder and project progress before booking homes

India's biggest realty firm DLF Ltd has announced an additional investment of Rs 21,300 crore to complete its ongoing residential projects, mainly in Delhi-NCR, Mumbai and the tri-city Chandigarh. In its latest investor's presentation uploaded on the BSE on Wednesday, DLF said the "pending cost to complete for all launched projects" stands at Rs 21,300 crore. The company also disclosed that receivables from customers against the sale of properties stand at Rs 33,840 crore. The net receivables after meeting the pending cost to complete the launched project are Rs 12,540 crore. Post-COVID pandemic, DLF has launched many residential projects in Delhi-NCR, Mumbai and the tri-city of Chandigarh, including an ultra-luxury project 'The Dahlias' at Gurugram, which has a revenue potential of around Rs 35,000 crore. On Wednesday, DLF the country's largest real estate company by market capitalisation announced its financial results and also operational performance for the last fiscal. Duri