Residential Projects

The NCLT has approved a resolution plan submitted by Ambuja Housing and Urban Infrastructure Company Ltd (AHUICL) to take over and complete the stalled Usshar residential project at Batanagar near Kolkata, a company statement said on Sunday. The decision by the Kolkata bench of the National Company Law Tribunal (NCLT) marks a breakthrough in the "parcel-wise" resolution of the debt-ridden Riverbank Developers Private Ltd (RDPL), the original promoter of the 223.8-acre Calcutta Riverside township. The Usshar project had been in a state of limbo for several years with no progress in construction, leaving hundreds of homebuyers in uncertainty. Ambuja Neotia, which was previously associated with the project restricted to only management consultancy, has now committed to completing the remaining construction and handing over the residences to the buyers. Under the terms of the court-approved plan, AHUICL, a subsidiary of the Ambuja Neotia Group, will acquire the 9.4-acre parcel dedicate

- Higher rate of monetisation, IRR and RoCE key attractions for developers - Entry of branded, listed players, cleaner titles, lower litigation chances draws buyers, even at premium prices

Work will 'transform' existing housing cluster into a modern community, says company

India's real estate outlook remains upbeat as easing inflation, fiscal spending, premium housing demand, and strong office leasing fuel confidence, according to the Knight Frank-Naredco

The country also ranks tenth globally in the pipeline of upcoming branded residence projects, accounting for 2 per cent of future supply among 83 countries that were surveyed

ONE Group Developers launches The Clermont in Mohali with 216 units, projected revenue of ₹400 crore and modern aluminium formwork technology for quality and timely delivery

Brigade Group has signed a joint development agreement for a 7.5-acre residential project in Banashankari, Bengaluru, with a GDV of Rs 1,200 crore, adding to its housing pipeline

No other real estate asset classes can give the return that land gives if one buys it in the right location and from the right developer, says Lodha

Shriram Properties has signed a joint development agreement for 6.5 acres in North Bengaluru, with a ₹500 crore GDV, to launch a premium residential project in the area

Bengaluru-based Sumadhura Group plans to invest Rs 10,000 crore by FY29 to expand residential, commercial, and warehousing projects while boosting revenue and pre-sales growth

Godrej Properties has won a 7.83-acre land parcel in Hyderabad's Kukatpally for Rs 547.75 crore, with plans to develop premium residential apartments near HITEC City

Landmark Group has announced a Rs 400 crore investment in the second phase of its luxury housing project SKYVUE in Gurugram, featuring premium towers with high-end amenities

Prestige Group and Arihant Foundations and Housing Ltd will jointly develop a 3.5-acre residential project in Chennai with a revenue potential of more than Rs 1,600 crore. According to a regulatory filing, Prestige Estates Projects Ltd and Arihant Foundations and Housing Ltd have formed a joint venture to buy 3.48-acre land in Velachery, Chennai from Rane (Madras) Ltd. The acquisition will be undertaken through JV entity Canopy Living LLP. "The land is earmarked for the development of premium residential dwellings with a total development potential of approximately 7.5 lakh square feet and an estimated Gross Development Value (GDV) of over Rs 1,600 crore," the filing said. On Friday, Rane (Madras) Ltd informed that it has sold a 3.48-acre land parcel in Velachery, Chennai to the JV firm for Rs 361 crore. The land deal was facilitated by real estate consultant CBRE. Irfan Razack, Chairman and Managing Director of Prestige Group, said, "Chennai continues to be an integral part of o

Arbour will fund ELV Projects' mid-premium residential developments in Whitefield, with Rs 105 crore to be disbursed in phases over eight to nine months

Singapore-based PAG commits funding of Rs 540 cr

The loading factor grows to 40 per cent in Q1CY25, from 31 per cent in 2019

Bengaluru-based Assetz aims to launch Rs 7,500 crore worth of residential projects in FY26 and targets 45% CAGR in pre-sales over three years with IPO plans under review

Vardhman Amrante to invest ₹1,350 crore in Punjab, developing commercial spaces and integrated residences in Ludhiana and Bhatinda through internal accruals and sales

This comes after the firm had sold out two earlier launched projects - Privana South and Privana West - with 1,113 units and 795 units, respectively

Rainforests, swimming pool theaters, artificial beach fronts, wine cellars, wellness areas, AI & smart tech in luxury projects