Realty firm to invest ₹1,000 crore in project, with construction expected to be completed by 2031 and strong demand from high net-worth buyers
Funds will be used to expand in the US and other markets, invest in product development, and scale the team of the real estate-focused AI platform
Company plans to develop a premium residential project in Whitefield with an estimated revenue potential of ₹1,350 crore
Realty firm Godrej Properties Ltd has acquired 20 acres in Bengaluru to develop a housing project with an estimated revenue of Rs 1,350 crore. In a regulatory filing on Wednesday, the company said it has acquired a 20-acre land parcel in East Bengaluru. Godrej Properties did not mention the land cost. "The company plans to develop a premium residential project on this site with an estimated revenue potential of approximately Rs 1,350 crore," the company said. Godrej Properties, one of India's leading real estate developers, has a strong presence in Mumbai Metropolitan Region, Pune, Bengaluru, Delhi-NCR, and Hyderabad. The company sells housing plots in smaller cities.
Prabhu Deva sells two Mumbai luxury flats for ₹14.8 crore, marking an estimated 2-3x appreciation since 2012
Developers like DLF, TARC, Godrej, and Unity Group are capitalizing on the rising demand for high-rise residential homes in New Delhi.
UAE citizens, NRIs, family offices, regional investment groups evaluating India to broaden their allocation strategies
India's tier II-III cities are expected to drive the next cycle of growth in the housing market as demand in big cities has been affected due to a surge in home prices post-COVID pandemic, according to Square Yards. Real estate consultant Square Yards has come out with a report 'India's Next Real Estate Growth Cycle: The Rise of Tier-2 and Tier-3 Cities', which pointed out that affordability to buy homes across major cities have been impacted badly because of a huge price rally during 2022-24. Limited new supply of affordable and mid-income homes in the seven major cities -- Mumbai Metropolitan Region, Pune, Bengaluru, Delhi-NCR, Hyderabad, Chennai and Kolkata -- has made matters worse. "India's residential market is entering a structurally distinct phase. The post-pandemic premium cycle that powered accelerated price appreciation across metro markets is now showing signs of stabilisation," the report pointed out. In several tier-1 corridors, Square Yards said, the price growth has
Realty firm Brigade Enterprises Ltd will develop a 25-acre industrial park in Bengaluru to meet rising demand. In a regulatory filing, Bengaluru-based Brigade said it has forayed into industrial real estate, with the launch of 'Brigade Industrial Park', a 25-acre industrial development in Devanahalli, North Bengaluru. The park would offer around 2 million square feet of leasable space and will cater to the high-growth industrial sectors of the region, including aerospace and defence, IT/ITES, and data centres. The company did not disclose the investment to build this park. In a separate filing, Brigade said its group company BuzzWorks, which provides managed office space, has leased 550 seats in Hyderabad to Dublin-based MyComplianceOffice (MCO), a global regulatory technology (RegTech) and compliance technology company. With this signing, BuzzWorks' total leased office space in Hyderabad currently stands at 1.1 lakh sq ft. Established in 1986, Brigade Group is one of the leading
India's REIT market has grown more than six-fold since FY20 to Rs 1,726 billion in the first nine months of FY26, supported by new listings and steady unit price appreciation, CBRE said
Concerns over rising inflation stemming from potential energy supply disruptions and rationing prompted investors to book profits, while FII outflows added to the market pressure, said Geojit.
Following the completion of the transaction, Aurum PropTech said it is likely to become debt-free, as the sale proceeds will be used to prepay Lease Rental Discounting facility (LRD) of Rs 56 crore.
Cities such as Bhubaneswar, Cuttack, Erode, Puri, Varanasi and Visakhapatnam will spearhead the next growth cycle
Embassy Developments sells over 500 homes worth about Rs 495 crore within four days of launching Embassy Verde Phase II at Embassy Springs in North Bengaluru
South Korea, Japan & Singapore lead investment volumes; Singapore & India record strongest YoY growth in investments
Puravankara has signed a joint development agreement for a 4-acre land parcel on Hennur Road, Bengaluru, adding a project with an estimated GDV of over ₹1,300 crore to its growth pipeline
Commercial activities include site offices, maintenance storage, exhibitions, car washing, stone and marble sales, game zones, circuses, and other activities
Dubai real estate index: The risk-off for the stocks came as the US and Israel fired missiles across Iran last week, with the Supreme Leader Ayatollah Ali Khamenei being killed
Arnya Real Estates Fund Advisors raises ₹1,030 crore in the first close of its real estate equity fund with Supreme Universal to back redevelopment-led housing projects in Mumbai and Pune
Realty firm Omaxe Ltd has sold 173 luxury homes in its new project at Faridabad, Haryana for around Rs 800 crore amid strong demand. The Delhi-based listed real estate company also sold 120 commercial units in Faridabad for Rs 160 crore. In a statement on Saturday, Omaxe informed that the company has sold all residential and commercial units at its two newly-launched projects 'Omaxe Residences' and 'The Grand Europe' in the city. The company recently launched and sold 173 residential units for about Rs 800 crore. That apart, Omaxe launched and sold 120 SCO ( shop-cum-office) units for Rs 160 crore. These two projects, slated to be delivered in 2030, are part of its integrated mixed-use township 'World Street by Omaxe'. "Faridabad has a high concentration of successful individuals but has long lacked an ultra-luxury residential and commercial ecosystem that mirrors global standards," Mohit Goel, Managing Director of Omaxe, said. He said the company intends to fill this demand-sup