Page 2 - Housing

Brigade to launch 405 luxury homes in Hyderabad with ₹970 crore target

Spread over 10 acres in Moti Nagar, Hyderabad, Brigade Citadel 2 and 3 will offer premium low-rise residences and are expected to build on the success of Brigade Citadel

Shapoorji Pallonji Real Estate to build ₹800 cr residential project in Pune

VANAHA Verdant spans 10 lakh sq ft and is close to major IT hubs and key infrastructure, says company

Puravankara to redevelop 8 Mumbai societies with ₹2,100 cr GDV potential

Puravankara to begin redevelopment of eight Chembur societies in Mumbai, unlocking 1.2 mn sq ft across 4 acres and reaffirming its western region real estate strategy

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

Godrej Properties acquires 14-acre land in Bengaluru for ₹1,500 cr project

Realty firm Godrej Properties Ltd has acquired 14-acre land in Bengaluru to develop a premium housing project with an estimated revenue of Rs 1,500 crore. In a regulatory filing on Monday, the company informed it will develop a premium residential project on a strategically located 14-acre land parcel in Hoskote, East Bengaluru. "The proposed development is expected to offer approximately 1.5 million square feet of saleable area with an estimated revenue potential of about Rs 1,500 crore," it added. Godrej Properties said this acquisition further solidifies the company's continued expansion in East Bengaluru. The company did not share the land acquisition cost. Gaurav Pandey, MD and CEO, Godrej Properties, said, Hoskote is an important micro market for us in East Bengaluru. It continues to demonstrate strong demand for high-quality housing and aligns with our vision of developing best-in-class residential communities." Earlier this month, Godrej Properties acquired 14-acre land i

Gujarat plans 1,500 housing units to support Tata's Dholera semicon fab

Gujarat housing units: Tata Group's upcoming ₹91,000 crore semiconductor fabrication plant in Dholera is expected to produce its first chips by December 2026

Ambuja makes 30% of cement used in infra, housing projects in India: CEO

Ambuja Cements, now a key part of the Adani Group, has surpassed 100 MTPA capacity and plans to reach 140 MTPA by FY28, driven primarily by brownfield expansions

Home loan rates may reduce to 8%: Real estate industry executives

Liquidity to benefit developers and accelerate project completion timelines, say industry executives

India housing outlook steady, but signs of demand fatigue emerging: Poll

Average home prices, which have more than doubled in 11 years, are forecast to rise 6.0 per cent this year and 5.0 per cent next year

RBI rate cut to boost sales of affordable, mid-income homes: Credai

Realtors' apex body CREDAI described the RBI decision to cut repo rate by 50 basis points as a bold step and said this will help boost sales of residential properties. Hailing the decision, CREDAI President Shekhar G Patel said the RBI decision will improve consumers' sentiment, immensely benefitting mid-income and affordable housing segments, which have been struggling in the last few years. "We welcome the RBI's decision and view it as a bold and timely step toward stimulating domestic demand," Patel said. This decision comes at a pivotal time, as India is witnessing strong real estate momentum across metros as well as Tier 2 and Tier 3 cities. "Lower lending rates will directly enhance home loan affordability, particularly in interest-sensitive categories like mid-income and affordable housing. Reduced EMIs are expected to significantly improve buyer sentiment and encourage first-time homebuyers to enter the market," Patel added. The cumulative 100 basis point reduction over t

Keystone Realtors aims 32% growth in housing sales booking in FY26: CMD

Realty firm Keystone Realtors Ltd targets to sell housing properties worth Rs 4,000 crore this fiscal, eying a 32 per cent annual growth, as demand continues to be strong especially for good brands, its CMD Boman Irani said. Mumbai-based Keystone Realtors, which sells properties under Rustomjee brand, is one of the leading real estate developers in the country. "We have achieved steady and consistent growth during the last 2024-25 fiscal and surpassed all our guidances," Irani told PTI in an interview when asked about the company's performance. He highlighted that the company's pre-sales or sales bookings rose 34 per cent to Rs 3,028 crore last fiscal year, beating the annual guidance of Rs 3000 crore. The demand for apartments as well as residential plots remains strong especially in projects developed by reputed brands, Irani said, while exuding confidence of maintaining the company's growth momentum. Asked about the sales bookings target for 2025-26, Irani said, "We have given

Affordable housing cap needs rethink, says Credai's Shekhar Patel

The Credai president said that while the size limits of 60 square meters for metro cities and 90 square meters for non-metro cities were generally acceptable, the price cap was deterring developers

Shapoorji Pallonji launches over Rs 1,400 crore luxury project in Gurugram

Shapoorji Pallonji Real Estate, Kreeva, and ASK Property Fund launch The Dualis in Sector 46, Gurugram with 198 high-end units and a revenue target of ₹1,400 crore

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

Ravi Infrabuild files papers with Sebi to raise Rs 1,100 cr through IPO

Udaipur-based company will use proceeds to invest in subsidiaries and repay borrowings

India's co-living sector to see 1 mn beds by 2030, says Colliers India

India's co-living inventory to grow from 300,000 to 1 million beds by 2030 amid rising demand from migrants and students as market size nears Rs 200 billion

India sees debut listing of residential mortgage-backed securities

The funds would be raised across seven to 10 transactions over the year, National Housing Bank Managing Director Sanjay Shukla said

Infra boost, lower repo rates, ready units aid market recovery: CREDAI

The residential real estate market in the city and its neighbourhood has commenced 2025 on a positive note with a strong recovery and increasing buyer confidence, a report by the industry body CREDAI said. Sharp growth in registrations, steady sales of the residential units and a resilient housing market has emerged in the January-March 2025 period, the study prepared by the Confederation of Real Estate Developers' Associations of India (CREDAI), Chennai said on Sunday. Projects nearing completion or ready-to-occupy continued to be the preferred choice among buyers, it said. The recent reduction in the repo rate by the Reserve Bank of India and the Central government's revised income tax slabs has further supported buyer sentiment, particularly among first time buyers, the report said. Sales of residential units grew 7 per cent quarter on quarter to 3,783 units during the three month period while it was 27 per cent growth year-on-year. Southern suburbs accounted for the majority of

Rajasthan approves new affordable housing schemes across districts

An RHB official said these schemes will be launched in various districts, including Jaipur, Udaipur, Barmer, Kota and Hanumangarh

PNB Housing Finance eyes retail book of Rs 1 trillion by FY27: MD & CEO

Roshni is a product of PNB Housing Finance which promotes affordable housing, especially among first-time buyers