Commercial Property

Power ministry proposes mandatory star rating rule for large buildings

The draft rules will apply to buildings and building complexes with a proposed built-up area of 20,000 sq m or more, with ratings valid for 10 years

Sanjay Ghodawat Group, Nordstar launch ₹5,000 cr GDV real estate platform

The joint venture, NEVORA, will develop residential and commercial projects across Mumbai and Bengaluru, targeting a gross development value of Rs 5,000 crore over the next few years

Prestige Estates to invest ₹15K cr in FY27 in housing, commercial projects

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

Signature Global, RMZ complete ₹1,293 cr deal to fund Gurugram project

RMZ acquires 50 per cent stake in subsidiary GCL; partners form joint venture to develop large mixed-use commercial project on Gurugram's Southern Peripheral Road corridor

Godrej Seeds and Genetics buys office space for ₹365 cr in Vikhroli

Godrej Seeds and Genetics acquires over 70,000 sq ft office space in Mumbai's Vikhroli through three transactions, reflecting sustained demand in India's office market

Bernhard Schulte's India arm buys Mumbai office space for ₹304 crore

BSM, which currently operates from Powai, manages a diverse fleet of vessels including bulk carriers, container ships, and tankers

House of Hiranandani to invest ₹500 cr for premium office tower in Andheri

The one-acre Andheri project will add 400,000 sq ft of leasable space as House of Hiranandani expands its Mumbai commercial footprint; JLL India advised the transaction

DLF to Tata Realty: Real estate majors begin checking in digital ratings

Multinational tenants demand ratings based on digital connectivity, readiness of buildings

Continued border tensions may dent housing and commercial realty: Anarock

Anarock expects short-term dip in housing, retail, and hospitality as conflict dampens confidence, while long-term demand and pricing to stabilise once normalcy returns

One Group to invest Rs 1,200 cr in residential, commercial Mohali projects

These would include low-rise independent floors and residential plots in Sector 98, catering to the growing demand for independent living

Office supply down 1% across top 7 cities despite rise in demand: Colliers

New supply of office space declined 1 per cent in the January-March period to 99 lakh sq ft across seven major cities despite high demand, according to Colliers India. The new supply of office space stood at 100 lakh (10 million) sq ft in the year-ago period. As per the data, the new supply in Bengaluru declined 16 per cent in January-March to 37 lakh sq ft from 44 lakh sq ft in the year-ago period. Chennai saw a decline of 33 per cent to 2 lakh sq ft from 3 lakh sq ft. Delhi-NCR saw a more than five-fold jump in new supply to 27 lakh sq ft from 5 lakh sq ft. Hyderabad witnessed a 88 per cent decline in new supply to 3 lakh sq ft from 26 lakh sq ft. In Kolkata, new office supply dipped 50 per cent to 1 lakh sq ft from 2 lakh sq ft. New supply of office space in Mumbai declined 60 per cent to 4 lakh sq ft from 10 lakh sq ft. In Pune, the new supply of office space jumped 2.5 times to 25 lakh sq ft in January-March this year from 10 lakh sq ft in the corresponding period of the .

Tribeca, Kundan Spaces to develop Rs 2,500 cr project under 'Trump' brand

Realty firm Tribeca Developers has partnered with Kundan Spaces to develop a Rs 2,500 crore worth commercial project 'Trump World Center' in Pune, marking the entry of US-based Trump Organisation in Indian commercial real estate. Tribeca Developers and Kundan Spaces on Wednesday announced the launch of Trump World Center Pune. "This new development marks The Trump Organisation's first foray into commercial real estate in India and will join the extensive portfolio of Trump residential properties in the region," said Tribeca Developers, who brought the Trump brand to India. Trump-branded residential projects are being developed in Pune, Kolkata and Gurugram. The 4.3-acre project is expected to generate sales exceeding Rs 2,500 crore. Spanning over a decade, The Trump Organisation and Tribeca have partnered to bringing iconic properties, including residential and now commercial buildings all throughout India. The project 'Trump World Center Pune' will span over 1.6 million (16 lakh

Commercial real estate offers higher rental yield, but beware the risks

Investors much conduct their own rigorous due diligence before investing to mitigate risks from this segment

CPPIB, RMZ to invest $750 million in commercial project in Mumbai

The project may become one of Asia's largest office spaces

Ambrosia Galaxy Nears Possession: A New Benchmark for Commercial Spaces in Baner

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NBCC sells commercial properties worth Rs 14,800 cr in Delhi on govt behalf

State-owned NBCC (India) Ltd on Thursday said it has completed the sale of commercial properties worth around Rs 14,800 crore in the national capital on behalf of the government. In a regulatory filing, the company said it has completely sold office space inventory at World Trade Center (WTC) project in Nauroji Nagar. It has also sold 100 per cent retail and commercial space at Downtown Sarojini Nagar. On behalf of the government, NBCC is re-developing Nauroji Nagar, Sarojini Nagar, and Netaji Nagar, while CPWD is executing the other four colonies -- Kasturba Nagar, Thyagraj Nagar, Srinivaspuri, and Mohammadpur. The funds for the redevelopment of these seven colonies is being generated by NBCC through the sale of commercial space at Nauroji Nagar and Sarojini Nagar. Elaborating more, NBCC said in the WTC project at Nauroji Nagar, it has sold a total unsold inventory 1.81 lakh sq ft of commercial space for Rs 908.48 crore during the 27th e-auction. Of the total area sold, about 1.2

M3M India reports 37% increase in real estate sales in June quarter

Realty firm M3M India on Friday reported a 37 per cent increase in sales of residential and commercial properties in the June quarter to Rs 3,911 crore on strong demand. Its sales bookings stood at Rs 2,854 crore in the year-ago period. Out of total sales bookings in the April-June period of the current fiscal, Rs 2,972 crore pertained to the housing segment and Rs 940 crore to commercial properties, the company said in a statement. During the first quarter of this fiscal, M3M India said the total sales bookings in Gurugram stood at Rs 2,415 crore, while Noida projects contributed Rs 402 crore. Sales of residential plots at Panipat in Haryana were Rs 1,094 crore. Sudeep Bhatt, President, M3M India, said the company has reported "robust growth in our Q1 results for 2024-25, demonstrating our commitment to delivering high-quality real estate solutions". "With a strong pipeline of ultra-luxury projects lined up for launch in FY25, we are confident of sustaining this momentum and ...

Bhive expands footprint in Brigade Metropolis, signs 2nd lease of 42k sq ft

Bhive noted the launch of a new facility on the 7th floor of Summit B, complementing its existing office in Summit A

Commercial properties become stranded across Europe poor energy performance

The development is playing out as the commercial market struggles to right itself after years of turbulence due to higher interest rates and volatile post-pandemic occupancy rates

Commercial real estate has bounced back after Covid-19 pandemic blues

Office leasing has surpassed pre-pandemic levels, driven by the growth of global capability centres (GCCs) and flexible office spaces