Page 2 - Housing Sector

Shapoorji Pallonji eyes ₹600 cr revenue from Pune housing plot project

Shapoorji Pallonji Real Estate has entered into the housing plot segment to meet the rising demand and will develop its first project in Pune with a revenue potential of around Rs 600 crore. SPRE, the real estate arm of business conglomerate Shapoorji Pallonji Group, has developed many group housing projects and is now expanding its portfolio by offering residential plots to customers. On Sunday, the company announced its foray into plotted development with the launch of 'Treetopia', a premium 105-acre project in Pune. The project, comprising 483 plots, will have an "estimated revenue potential around Rs 600 crore". The project is located close to the upcoming Purandar International Airport. The plot size ranges from 2,000-6,000 square feet. The company is targeting both end users and long-term investors. Sumit Sapru, CEO of Shapoorji Pallonji Real Estate (SPRE), said, "With growing interest among homebuyers in plotted developments, the launch of Treetopia marks an important step

India home prices to rise 6%, luxury boom seen fading within 5 years: Poll

India is short of about 10 million affordable homes, a gap that is projected to triple by 2030, according to Knight Frank, a real estate consultancy

Affordable housing gets out of pocket as costs rise and hurdles persist

Despite policy boosts, land costs and lender parity issues are driving the sector off-script

Despairing Hongkongers stranded by fire seek help amid housing shortage

The scale of the disaster unfolding in northern Hong Kong - which killed at least 128 - presents an acute challenge to a city notorious for its housing shortage and sky-high rents

Hong Kong fire sparks calls to end bamboo scaffolding, tighten safety laws

Some 200 residents of Wang Fuk Court were still unaccounted for as of Friday, with Secretary for Security Chris Tang saying at a briefing that officials couldn't rule out finding more bodies

Affordable homes lose investor appeal as luxury delivers higher returns

With luxury home prices rising faster than affordable units and branded developers driving demand in prime locations, investors are shifting towards premium and luxury housing

ATS HomeKraft provides ₹1,250 cr exit to HDFC Capital's HCARE-2 fund

The ATS group developer cleared dues to HCARE-2 entirely through project cash flows, highlighting strong demand and healthier balance sheets in mid-income housing

Godrej Properties buys Nagpur land parcel with ₹755 cr revenue potential

The plot offers 1.7 msf of development potential and pushes the company past its Rs 20,000 crore annual BD guidance

Danube to build ₹4K cr commercial tower named after Shah Rukh Khan

Danube Properties will develop a 55-storey grade-A commercial tower on Dubai's Sheikh Zayed Road, branded after Shah Rukh Khan

Property prices in top 8 mkts rise 7-19% in Q3 on housing premiumisation

Delhi-NCR recorded the sharpest 19% jump in Q3 2025 housing prices, followed by Bengaluru and Hyderabad, as premium demand and limited supply continue to drive India's real estate boom

PNB Housing Finance to announce new MD & CEO soon, growth stays steady

Even as PNB Housing Finance readies to appoint a new MD & CEO, the lender reports steady growth in Q2 FY26 with improving asset quality and rising disbursements

Ashiana Housing eyes ₹350 cr revenue from housing project in Jamshedpur

Realty firm Ashiana Housing Ltd expects Rs 350 crore revenue from its new housing project in Jamshedpur. The Company has launched a housing project 'Ashiana Amaya' at Dobo (New Jamshedpur) to expand business amid strong housing demand. The project, spread across 3.86 acres with a saleable area of about 4.64 lakh sq ft, will be developed under a joint venture model. The upcoming project, comprising 230 homes, is expected to generate sales realisation of around Rs 350 crore. The company will sell units at a price starting at Rs 1.34 crore, according to a statement. The company will complete this project by December 2029. The investment will be funded through a mix of self-funding and customer advances. Delhi-based Ashiana Housing Ltd, one of the leading real estate developers in the country, has a portfolio of over 55 projects. It also focuses on development of senior living projects.

Chennai emerges as most confident real estate market: Magicbricks report

Chennai leads the Housing Sentiment Index JAS 2025 by Magicbricks, driven by stable pricing, steady demand, improved connectivity, and strong end-user participation

Prestige Group plans Delhi NCR expansion with new projects in 2026

Planning new projects in Gurgaon, Delhi and Noida in 2026

Hyderabad, Bengaluru, Chennai see 47% rise in housing sales: PropTiger

Hyderabad, Bengaluru, and Chennai together have seen a 47 per cent increase in sales of residential properties during the July-September period, despite an overall marginal fall in demand across eight major cities, according to PropTiger. Housing sales in three major southern cities -- Hyderabad, Bengaluru, and Chennai -- stood at 38,644 units during the September quarter, up 47 per cent from 26,284 units in the year-ago period. Real estate consultant PropTiger, which has recently been acquired by listed entity Aurum PropTech Ltd, data showed that the sales of residential properties in Hyderabad grew 53 per cent to 17,658 units from 11,564 units. In Bengaluru, the housing sales rose 18 per cent to 13,124 units from 11,160 units. Housing sales in Chennai more than doubled to 7,862 units during the July-September period this year from 3,560 units in the corresponding period of the preceding year. Overall, India's top-eight primary housing markets (first-sale) saw a 1 per cent declin

India's housing finance sector hits home run as demand rebounds strongly

The National Housing Bank's residential housing price index (NHB Residex) showed positive momentum in the first quarter of FY26

India's housing market gets 'premium', with surging value despite sales dip

Housing sales data shows regional imbalance with Southern markets gaining, even as North and West sees dip

Chennai-based real estate firm Grand Housing files draft papers for IPO

The offering consists only of the offer-for-sale (OFS) component. The company's promoter, Vijay Surana J, will be selling about 3.55 crore of his shares with a face value of Rs 5 per equity share

Loan rates should mirror unfinished homes' higher risk, highlight gap

Requiring banks to hold more capital for under-construction loans and less after completion would make their higher risk evident through the resulting interest-rate differential

Delhi-NCR sees highest rise in housing prices among top 7 cities: Anarock

Delhi-NCR's primary housing market saw an average increase of 24 per cent annually during the July-September period due to better demand, especially for luxury homes, according to Anarock. Real estate consultant Anarock data showed that the average price of residential properties across Delhi-NCR at Rs 8,900 per sq ft during July-September from Rs 7,200 per square foot in the year-ago period. Gurugram, Noida, Greater Noida, Delhi, and Ghaziabad are major markets in Delhi-NCR. Overall, across seven major cities of India, the consultant mentioned that the housing prices rose 9 per cent to Rs 9,105 per sq ft from Rs 8,390 per sq ft. Among seven cities, Delhi-NCR saw the maximum rise of 24 per cent. Mumbai Metropolitan Region (MMR) remained the most expensive housing market. Housing prices in MMR rose 6 per cent to Rs 17,230 per sq ft from Rs 16,300 per sq ft. In Bengaluru, the prices appreciated by 10 per cent to Rs 8,870 per square foot from Rs 8,100 per square foot. The prices o