Page 16 - Prachi Pisal

Commercial realty climbs growth ladder, residential one step down

Office, warehousing, industrial segments drive real estate leasing momentum in first half

No impact on biz: RInfra, RPower after SBI's 'fraud' tag on RCom account

Reliance Infrastructure and Reliance Power assert that SBI's classification of Reliance Communications' loan account as fraud will have no impact on their business, financials, or stakeholders

Affordable housing launches to remain muted despite rate cuts, tax benefits

While demand for sub ₹50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors

Institutional investments in real estate decline 33% in Q2 CY25: Report

Domestic institutions step up as foreign inflows fall amid evolving macroeconomic scenario, credit flow and inflationary pressures

Keystone Realtors chosen for ₹3K cr cluster redevelopment project in Mumbai

Five DAs signed and three LoIs in place for 4.75-acre cluster project in Lokhandwala, giving Rustomjee 10.6 lakh sq ft saleable area in key Mumbai residential zone

Keystone to redevelop Mumbai locality with Mhada, eyes GDV of Rs 4,521 cr

The project spans 11.19 acres in Sion Koliwada and will rehabilitate 1,200 members, unlocking 20.7 lakh sq ft of saleable area for Rustomjee and stock for Mhada

Mahindra Lifespaces to redevelop Mulund West project worth ₹1,250 crore

The real estate arm of the Mahindra Group will lead redevelopment of a premium housing society in Mulund West, with proximity to Metro Line 5 and key road links

Housing sales decline 20% in Q2 CY25; recovery signs seen: Report

Sales likely to improve after 'rollercoaster quarter' for Indian housing market: Anarock

JP Morgan India pre-leases office space in Sumitomo's BKC project

The lease is for a period of 10 years and will commence on October 1, 2026, the proposed handover date of the property

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

The oil-to-telecommunications (telecom) behemoth spans sectors including digital services (Jio), energy, petrochemicals, new energy and materials, retail, and media and entertainment

Reliance Defence bags export order worth ₹600 cr from Germany's Rheinmetall

The deal with Rheinmetall will support Reliance's plan to be among India's top three defence exporters and includes a major investment in a facility in Ratnagiri, Maharashtra

FASTag annual pass may cut toll road operators' revenues by 4-8%: Crisil

Crisil sees revenue loss of 4-8 per cent for toll road operators due to new FASTag annual pass scheme; compensation from NHAI will be key to limiting credit impact

Arbour Investments commits ₹105 cr to ELV for Whitefield projects

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

Adani Group to invest $100 bn, targets 100 GW total power capacity by 2030

Adani Green, the group's renewable company, aims to achieve 50 GW (gigawatt) of capacity and thermal power producer Adani Power 31 GW

Housing affordability in H1 CY25 improves as RBI cuts interest rate: Report

Ahmedabad is the most affordable housing market and Mumbai the least: Knight Frank

Kalpataru raises ₹708 crore through anchor allotment ahead of IPO

Kalpataru raises ₹708 crore via anchor investors including GIC, SBI MF and Bain Capital ahead of its ₹1,590 crore IPO, with proceeds earmarked for debt repayment

Reliance Infra subsidiary settles ₹273 crore debt obligation to Yes Bank

JR Toll Road repays full ₹273 crore, including interest, to Yes Bank under new settlement agreement, closing R-Infra's obligations as corporate guarantor

Godrej Properties sells homes worth ₹2,000 cr at Bengaluru project launch

With 1,450 homes sold at launch, Godrej Properties' Barca in Devanahalli becomes North Bengaluru's most successful township debut by value and volume of sales

MMRDA to build Dharavi as multi-modal transit hub with metro, rail links

The MMTH will connect Dharavi to metro lines, airports, rail stations and BKC, as MMRDA takes charge of building a future-ready, 24x7 urban mobility hub

Approval hiccups hit schedule, profits of MMR and Bengaluru realty majors

The approvals were earlier handled by the state government authorities. MMR is said to be the most affected market by this decision