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Realty firm TDI Infratech on Monday said it will invest Rs 750 crore to develop a 150-acre township in Ludhiana as part of its expansion plan. In the township, the company said it will build luxury group housing, residential plotted developments and low-rise independent floors, targeting both end-users and long-term investors. The project will span over 6 million square feet of developable area. The company, in a statement, said it is "developing about 150 acres of land in Ludhiana for an integrated township with an estimated investment value of Rs 750 crore." Speaking on the expansion, Akshay Taneja, Managing Director, TDI Infratech, said Ludhiana represents a high-potential market with strong economic fundamentals and sustained end-user demand. "Our acquisition of approx 150 acres reflects a long-term commitment to developing a benchmark township that integrates premium housing formats with robust infrastructure and lifestyle amenities. This project also marks an important miles
Foreign firms leased a record 9.1 million sq ft office space last quarter across India's top 9 cities to set up Global Capability Centres (GCCs), according to CBRE. Real estate consultant CBRE on Monday released its office market data for January-March period, which showed that the office space demand remained strong driven by leasing of workspaces for establishment of GCCs. As per the data, the total gross leasing of office spaces rose 5 per cent across top 9 cities to 20.7 million square feet in January-March from 19.7 million square feet in the year-ago period. The nine cities are -- Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Pune, Kolkata, Ahmedabad and Kochi. The leasing of space for GCCs stood at record 9.1 million sq ft in the January-March period, the highest in any quarter. "The record GCC leasing activity is a definitive signal of India's position as the global destination of choice for high-complexity capability functions," said Anshuman Magazine, Chairman & CEO,
Institutional investment in Indian real estate sector fell 62 per cent during January-March period to USD 1.41 billion from the previous quarter amid negative sentiments because of the West Asia conflict, according to Vestian. The investment in real estate stood at USD 3.73 billion in the October-December quarter of the 2025 calendar year. However, real estate consultant Vestian said investments rose 74 per cent from USD 0.81 billion in the year-ago period and this highlights strong investor confidence in India's real estate sector, even as global headwinds continue to intensify. Driven by strong demand from GCCs, commercial assets dominated investment activity in Q1 2026 with 80 per cent share. Investment in commercial assets fell to USD 1.12 billion in January-March from USD 2.28 billion in the preceding quarter. The inflow of fund jumped more than three times from USD 307.2 million in the January-March period last year. Commercial assets include office, retail, co-working, and
The escalating West Asia conflict is beginning to exert cost pressure on India's real estate sector, with material prices rising and industry leaders warning of a potential 5 per cent spike in construction costs if hostilities persist through April. Construction schedules are also likely to be affected because of shortage of materials and resources if the conflict prolongs. Harshavardhan Neotia, Chairman of Ambuja Neotia Group, said the crisis is triggering a "classic cost-push cycle" for real estate, with crude oil moving from sub-USD70 levels in February to well above USD 110120 per barrel in March and natural gas witnessing sharp spikes. "Early pressure is already visible across steel, logistics, and petrochemical-linked materials. If this persists, construction costs could rise meaningfully over the next 12 quarters, which may have a bearing on pricing going forward," Neotia said. Sushil Mohta, President of CREDAI West Bengal and Chairman of Merlin Group, struck a more immediat
Housing sales across nine major cities fell 13 per cent annually during January-March quarter to 98,761 units on lower fresh supply of inventories amid West Asia conflict, according to PropEquity. Real estate research firm PropEquity on Monday pointed out that the sales have fallen below 1 lakh units mark after 18 quarters. The nine major cities are Delhi-NCR, Mumbai, Navi Mumbai, Thane, Bengaluru, Pune, Hyderabad, Chennai and Kolkata. As per the data, housing sales fell 13 per cent to 98,761 units during January-March this year compared to 1,13,602 units in the year-ago period. The total sales in these nine cities declined 6 per cent from 1,05,527 units in the previous quarter (October-December 2025). Samir Jasuja, Founder & CEO of PropEquity said, "Housing sales continued to moderate in the first quarter of 2026 with Delhi-NCR and Bengaluru emerging as outliers. This reduction is on account of low supply across most cities. Close to 22,000 lesser units were supplied in Q1 2026 ..
Aditya Birla Real Estate Ltd (ABREL) will redevelop a housing society in Mumbai and expects a revenue of Rs 1,700 crore from free-saleable area. In a regulatory filing on Friday, the company said its subsidiary Birla Estates Pvt Ltd has entered into the redevelopment market with its first project in Mumbai Metropolitan Region (MMR). Birla Estates will redevelop Anmol Co-operative Housing Society and Bhartiya Bhavan Co-operative Housing Society in Khar West, Mumbai's Western Suburbs. The project is being developed under a joint redevelopment arrangement with Parinee Real Estate Builders. "With a saleable area of 2.9 lakh sq ft, the project has an estimated revenue potential of Rs 1,700 crore," ABREL said. Birla Estates develops premium residential housing in key markets. It also has a commercial portfolio with two grade-A commercial buildings located in Worli, Mumbai, with 6 lakh sq ft of leasable area.
Realty firm Brigade Enterprises Ltd is expecting a revenue of more than Rs 1,100 crore from a new housing project in Bengaluru. In a regulatory filing on Wednesday, the company said it has launched 'Brigade Belvedere', a 10.75-acre residential development in East Bengaluru. This initial phase of the project comprises 773 premium residential units with an estimated revenue potential exceeding Rs 1,100 crore, it added. Established in 1986, Brigade Group is one of India's leading property developers. It has developed many housing, commercial and hospitality projects. The company has presence in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City.
Realty firm NB Group will invest Rs 350 crore to develop a luxury housing project in Ahmedabad as part of its expansion plan. The company has launched a residential project, 'NB Palm', comprising 136 apartments. The size of the land parcel is 6,300 square yards. Nishith Shah, CMD of NB Group, said the total investment to develop this project is estimated at Rs 350 crore. The company will meet the cost largely from internal accruals. The company has launched this project at Rs 6,500 per sq ft. The price of an apartment starts from Rs 2.5 crore. Parshwa Shah, Director at NB Group, noted that the Ahmedabad housing market is witnessing steady growth, with nearly 18,700-19,000 residential units sold in 2025, reflecting around 2-3 per cent annual growth. "Today, homebuyers are well-informed and seek quality construction, timely delivery, and thoughtfully designed lifestyle amenities," he added. Shah mentioned that the affordable and mid-range segments remain the backbone of the Ahmeda