Page 2 - Luxury Housing

Sunteck Realty Q1FY26 results: Net profit jumps 47% to ₹33.43 crore

Sunteck Realty posts Rs 33.43 crore profit in Q1 FY26, up 47 per cent YoY, aided by lower expenses and strong pre-sales despite a 40 per cent revenue decline

Lohia Worldspace to launch ₹200 cr luxury villa project in UP's Moradabad

Realty firm Lohia Worldspace will invest about Rs 200 crore to develop a 10-acre housing project in Moradabad, Uttar Pradesh, marking its entry into real estate business. This will be the company's first real estate project, comprising 175 luxury villas. Lohia Worldspace is the real estate arm of the diversified Delhi-based Lohia Global, a privately held company with an annual revenue of around Rs 1,200 crore. Established in 1979, the Group has four businesses - handicraft exports, electric vehicles, tiles and solar energy. Now, it has entered into real estate business to monetise its land bank of around 200 acres across various cities in North India. "Our vision with Lohia Worldspace is to create homes that are modern, meaningful, and rooted in thoughtful design," said Pyush Lohia, Director, Lohia Worldspace. The project cost is estimated at Rs 200 crore and expected to be delivered by 2029. Pyush said there is a huge demand for premium homes in Moradabad market. Last year, Lohi

HNI, NRI demand drives 85% growth in luxury housing sales in H1 2025

Luxury housing sales grew 85% year-on-year in the first half of 2025, driven by rising demand from HNIs and NRIs seeking asset stability amid global uncertainty

Luxury home sales up 85% in 7 cities in first half of 2025: Report

Demand for units priced Rs 4 cr and more proves 'resilience' of Indian residential market, it says

Luxury penthouses back in vogue on uber-rich Indians' growing appetite

Space, privacy, prestige selling points for buyers

Affordable segment slips with luxury units driving housing mkt for H1 2025

Sales of homes priced above ₹1 crore rose 17% year-on-year in H1 CY25, while affordable housing sales fell 18% due to demand and supply constraints, Knight Frank data shows

Home Alone: Single professionals revive demand for luxe studio apartments

Supply of these compact living spaces, though, has been falling since the pandemic, with little sign of recovery despite a spate of new launches in urban centres

Real estate giant DLF aims to launch Mumbai project by next quarter

DLF to launch Mumbai housing project in next quarter; Goa villa handover likely soon; Privana North sold out with 25% NRI participation and ₹11,000 crore revenue

StayVista forays into branded residences, targets Rs 250 crore in FY26

The villa rental platform, with a leisure-city portfolio target of 80:20, enters metro markets and aims to expand in Delhi-NCR, Pune, Mumbai and Bengaluru

Assetz aims to launch Rs 7,500 crore GDV residential projects in FY26

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

DLF plans luxury highrise project with over 1,000 apartments in Gurugram

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

Bengaluru sees 59% rise in luxury home sales to ₹1,000 cr in FY25: Report

Bengaluru's housing market witnessed a 59 per cent growth in sales of luxury homes, costing Rs 10 crore and above, in the last fiscal at a record Rs 1,000 crore on high demand, according to India Sotheby's International Realty and CRE Matrix report. Real estate consultant India Sotheby's International Realty (ISIR) and real estate data analytics firm CRE Matrix's recent report mentioned that Bengaluru's luxury housing market (Rs 10 crore and above) achieved sale bookings of Rs 1,000 crore in 2024-25 against Rs 627 crore in the preceding year. In volume terms, sales of luxury homes rose to 78 units from 51 units. The report stated that Rs 10-12 crore ticket-size apartments are seeing the highest sales in Bengaluru's luxury segment. "Bengaluru's luxury housing market has entered a new league. We're seeing discerning buyers - especially CXOs, startup founders, and global Indians - investing not just in a home, but in a lifestyle. The demand today is driven as much by aspiration as by

Navi Mumbai International Airport poised to drive real estate growth

The average residential property rates in Navi Mumbai increased by 23 per cent year-on-year (Y-o-Y) in 2024 to ₹10,810 per square foot (psf)

Bengaluru's luxury apartment sales cross Rs 1,000 cr in FY25, shows data

Hebbal emerged as the frontrunner in Bengaluru's high-end luxury apartment market in the period, commanding 22 per cent of the total sales value

Brigade Group inks pact for Rs 300 cr luxury housing project in Mysuru

The land parcel spans 5 acres and 12 guntas. The project will offer 0.45 million square feet of planned residential space

BPTP Group seeks Rs 6,500 cr revenue from Gurugram luxury housing project

Located on a 12.05-acre land parcel along the Dwarka Expressway, the developer will invest around Rs 3,000 crore in the project, which will be developed in three phases

Merlin Group, Fashion TV to launch Rs 900 cr Kolkata luxury housing project

Kolkata-based real estate major Merlin Group has partnered with global lifestyle network Fashion TV (FTV) to introduce the city's first branded luxury residential project under F Residences. The Rs 900-crore project in Rajarhat-New Town aims to bring global luxury living standards to Kolkata, comparable to high-end residences in Poland, Bali, Dubai, Turkey, Bangkok, Singapore, and key Indian cities like Pune, Chandigarh, Mumbai, and Ludhiana, the Merlin Group said. Fashion TV will offer technical expertise in the project that aims to meet its latest global luxury trends in the project for an undisclosed license fee arrangement. "The key driver for this association is aspiration, not margins. It aligns with our vision to elevate urban living in Eastern India. Kolkata's aspirational homeowners are looking for globally inspired designs and amenities," said Saket Mohta, Managing Director, Merlin Group. This is Merlin's first branded luxury project, and the company is keen to explore .

Elan Group to invest Rs 3,000 cr for building housing project in Gurugram

Real estate company Elan Group on Tuesday said it will invest around Rs 3,000 crore to develop a new ultra-luxury housing project on Dwarka Expressway, Gurugram. The project 'Elan The Emperor', located in Sector 106, Gurugram, is a part of 50-plus acres township comprising residential apartments, branded residences, a high-end mall, a luxury 5-star hotel, and premium office spaces. In a statement, the company said the total investment to develop this project is Rs 3,000 crore. The new project will have nearly 600 units with a saleable area of around 29 lakh square feet. This will be the second project in this township. "Sector 106 along the Dwarka Expressway is rapidly becoming the newest focal point of Gurugram's urban transformation," Vineet Dawar, President - Sales & Strategy at Elan Group, said. Elan Group has on-boarded internationally acclaimed consultants to develop this project. SWA, a landscaping architect from the US, will create outdoor spaces while UHA London serves as

Emaar expects Rs 3,400 cr revenue from luxury housing project in Gurugram

Realty firm Emaar India is expecting around Rs 3,400 crore revenue from its newly launched luxury housing project in Gurugram. Emaar India, which is part of Dubai-based Emaar Properties, has recently launched a housing project 'Urban Ascent' in Sector 112, Gurugram. Emaar India CEO Kalyan Chakrabarti said the company will develop 816 apartments in this 9.2-acre luxury housing project. He said this project is under a joint development agreement (JDA) with land owners. "The total investment will be around Rs 1,600 crore to develop this green project," he said. The sales bookings value is estimated at around Rs 3,400 crore, Chakrabarti said. The company is selling apartments in a price range of Rs 2.5 crore to Rs 6 crore. The project will be completed in the next four-five years. Chakrabarti noted that housing demand continues to be strong in Delhi-NCR from end-users as well as investors. Gurugram-based brokerage firm V S Realtors founder Vijay Harsh Jha said the demand for the re

DLF sells 41% units of super luxury Dahlias project in nine weeks

Buyers now more involved in ultra-luxury housing, says DLF Home Developers Joint MD