Brookfield Properties will develop a 1.3 million sq ft Grade A office tower in Mumbai under a long-term built-to-suit agreement with JPMorganChase, the company said in a statement on Wednesday.
The Group, which has a development portfolio of around 70-75 million square feet across completed, under-construction and planned projects, is stepping up activity beyond its core southern markets
Justice Jyoti Singh noted that oral arguments had already concluded and that the remaining written submissions filed by the contesting sides had now been formally taken on record
Office space leasing across India's top seven cities rose 6 per cent to 71.5 million square feet this year on better demand from domestic and foreign companies, according to Colliers. Real estate consultant Colliers India on Wednesday noted that the office demand is expected to remain robust next year, driven by growth in technology and BFSI (Banking, Financial Services, and Insurance) sectors. As per the data, the gross leasing of Grade A office spaces is estimated to have increased to 71.5 million square feet this year across seven major cities from 67.2 million square feet in the 2024 calendar year. The demand fell in Mumbai and Hyderabad, but increased in the other five cities -- Chennai, Bengaluru, Pune, Kolkata and Delhi-NCR. Gross absorption does not include lease renewals, pre-commitments and deals where only a letter of Intent has been signed. "India's office market continues to scale up and set new highs every passing year," said Arpit Mehrotra, Managing Director, Office
The IFC-anchored five-year bond issue links financing to renewable energy and water stewardship targets, marking the largest sustainability-linked bond raised by a Reit in India
US banker's move puts the country on top of the global GCC map
Shapoorji Pallonji Real Estate has launched Treetopia, a 105-acre plotted development in Pune with 483 residential plots and an estimated revenue potential of Rs 600 crore
For the first time since 2014, domestic institutional investors have captured a commanding 52% market share
JM Financial Asset Management Company is expanding its Alternative Investment Fund (AIF) platform with the launch of Rs 1,000 crore early-stage real estate fund to address the sector's financing gap. "Our objective is to build a comprehensive AIF ecosystem that supports India's next phase of enterprise growth. We are creating strategies that are thematic, real asset-?backed and focused on non-traditional opportunities," JM Financial Asset Management Ltd MD and CEO Amitabh Mohanty told PTI. The AIF platform will offer specialised pools of capital across credit, real estate and pre-IPO opportunities, he said. JM Financial has launched its early-stage real estate (RE) fund, which capitalises on the group's expertise and track record over more than a decade managing real estate credit, he said, adding that the fund aims to bridge the capital gap that traditional lenders are unable to address due to regulatory constraints. The fund aims to raise Rs 1,000 crore, with likely first close o
Realty firm Keystone Realtors plans to launch a super luxury residential project in Mumbai next month with a revenue potential of about Rs 3,000 crore, a top company official said. Mumbai-based Keystone Realtors, which sells properties under Rustomjee brand, is one of the leading real estate developers in the country. In an interview with PTI, Keystone Realtors Chairman and Managing Director Boman Irani said the company is very bullish on housing demand and expressed confidence of easily achieving the sales bookings target of Rs 4,000 crore this fiscal year. The company has already sold properties worth Rs 1,839 crore in the first half of 2025-26, up 40 per cent annually. About new launches, Irani said the company is targeting to launch a super luxury residential project at Bandstand, Bandra, in Mumbai next month. "The gross development value (GDV) of this upcoming project will be around Rs 3,000 crore," he said. Irani said the company had given an annual guidance of launching Rs
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
Nearly 70 per cent of real estate developers expect housing prices to rise by more than 5 per cent during the 2026 calendar year on strong demand, according to a survey by CREDAI and CRE Matrix. Realtors' body CREDAI and real estate data analytics firm CRE Matrix have done a sentiment survey of real estate developers. As many as 647 developers participated in the survey conducted in November and December. According to the findings of the survey, 68 per cent of respondents expect home prices to rise above 5 per cent in the next calendar year. The survey report was released at a CREDAI conclave held in the national capital on December 19-20. As per the survey report, 1 per cent of respondents believe prices will rise by more than 25 per cent, while 3 per cent expect the prices to rise between 15 per cent and 25 per cent. As much as 18 per cent of respondents expect housing prices to appreciate between 10 per cent and 15 per cent, while 46 per cent of participants see rates to move u
State Bank of India (SBI) Chairman C S Setty on Saturday said that the bank will reassess its policy on construction finance for residential real estate, but stressed that accountability and transparency will be key factors in determining interest rates for such loans. At present, the bank has almost negligible presence in construction finance for housing projects, but it is slowly building a book on commercial real estate, especially office space. "So how do we work out on the construction (finance), particularly on the residential real estate, is something that we are working on. But it is also a fact that many of the people who have been aggressive on the residential real estate market have burned their hands," he said, while reminding realtors of past cases of failures due to overleveraging. "The stability in terms of transparency, in terms of project management, in terms of risk management, gives us some confidence....accountability is something what is going to give confidence
This comes even as affordable homes have been seeing a drop in demand as well as supply in Tier-I markets such as Delhi NCR and Mumbai
This puts Mumbai nearly 2x Gurugram and over 3x Bengaluru, reinforcing its identity as India's most expensive and resilient luxury housing market.
On the bourses, ABREL Share price surged up to 3.01 per cent to hit an intraday high of ₹1,770.65 per share.
Sumitomo has previously called Mumbai its 'second growth engine' after Tokyo, where it manages 240 buildings
End users should look beyond prime locations to emerging corridors and peripheral micro-markets that offer better pricing without compromising long-term liveability
Lodha Developers stock: This momentum, analysts believe, is underpinned by increasing geographic diversification, a broad-based product portfolio, & emerging value-unlocking opportunities at Palava.
Analysts reckon L&T Realty can achieve sales of Rs 8,500 crore, translating into an operating profit of Rs 4,700 crore by FY30