Real Estate

Gurugram beats Mumbai in luxury home sale in 2025; 1,494 units sold: Report

Sales of luxury homes, costing Rs 10 crore and more, in Gurugram rose 80 per cent last year to Rs 24,120 crore on higher volumes coupled with price rise, according to a report. Real estate consultant India Sotheby's International Realty (ISIR) and data analytics firm CRE Matrix on Monday released a report on Gurugram's primary (first sale) luxury housing market and highlighted that the IT city, located in Delhi-NCR, has beaten Mumbai in sales of homes priced Rs 10 crore and above in value terms. Mumbai saw sales of homes worth Rs 21,902 crore in this price category. As per the data, the sales of luxury homes, prices Rs 10 crore and above, jumped nearly 3 times to 1,494 units in Gurugram during the last calendar year from 519 units in the preceding year. In value terms, the sales increased to Rs 24,120 crore last year from Rs 13,384 crore in 2024. "While Mumbai has traditionally held the crown for being the most expensive real estate market, Gurugram in Delhi-NCR, outpaced Mumbai i

Godrej Properties inks pact to develop land parcel in Thane, eyes ₹7.5k cr

Realty firm Godrej Properties Ltd has partnered with a landowner to develop an 18-acre housing project in the Mumbai region with an estimated revenue potential of over Rs 7,500 crore, as part of its expansion plan. In a regulatory filing on Monday, the Mumbai-based company informed that it has "entered into a joint development agreement to develop an 18-acre land parcel in Thane, Mumbai. The company did not name the landowner with whom it has signed the agreement. "The proposed development will be a largely residential project with an estimated revenue potential of over Rs 7,500 crore," it said. To expand its business, Godrej Properties buys land outright and also enter into joint development arrangement with landowners to develop housing projects. Gaurav Pandey, MD & CEO of Godrej Properties, said, "Strategic expansions in high-potential micro- markets are central to our growth strategy and our focus on creating enduring value for homebuyers." Thane has evolved into one of the .

Pre-construction, built-to-suit projects gain momentum in office leasing

Large integrated campuses developed by leading players such as DLF, Brookfield, Embassy, Bagmane, K. Raheja Corp, and Sattva are operating at near-full occupancy

Lodha Developers signs ₹365 crore joint development deal in Mumbai

Lodha Developers has signed a Rs 364.80 crore joint development agreement with Sahana group to develop multiple land parcels in Mumbai's Parel-Sewree division

NCLT clears withdrawal of insolvency proceedings against Mahagun

The decision follows the company's settlement with IDBI Trusteeship Services; the NCLT order further records that all pending applications in the matter stand disposed of

NRIs drive boom for residential property management firms amid mkt uptick

Infra push, regulatory ease and rising rental incomes sees spike in asset management inquiries

TV actress Tejasswi Prakash buys ₹7.63 crore home in Mumbai's Bandra West

The deal pertains to a flat in Bay Heights, located on Krishna Chandra Marg in Bandra Reclamation-one of the city's most sought-after residential micro-markets.

Puravankara launches 6.99-acre Purva Silversky premium project in Bengaluru

The 356-unit project in Hebbagodi, Electronic City, features large-format 3-5 BHK homes, a 17,700 sq ft clubhouse and over 45 lifestyle amenities across an elevated podium

Luxury shift drives 17% rise in average apartment sizes across top cities

Premiumisation of housing fuels demand for larger units, with NCR, Chennai and Bengaluru posting the sharpest gains in average apartment sizes over two years

Buying a home? Expect bigger sizes as average flats grow 17% in 2 years

NCR saw highest growth of 30% in avg. flat sizes among top 7 cities - from 1,890 sq. ft. in 2023 to approx. 2,466 sq. ft in 2025, due to increased new supply in luxury segment

Belanova debuts in Gurugram with ₹25-crore apartments, 124 homes planned

Comprising 124 residences with an average ticket size of approximately ₹25 crore, Belanova is positioned as a rare, low-density vertical estate within the 47+ acre Central Park Resorts ecosystem.

₹2-3 cr homes sell fastest as housing conversion time hits 3-year low

Conversion time across top cities b/w 2020 & 2025 was lowest in 2022 (22 days)

Indian Reits distributed over ₹2,450 cr to 380K unit holders in Q3FY26

India's five listed REITs distributed over Rs 2,450 crore to 380,000 unitholders in Q3 FY26, backed by strong leasing momentum, improving occupancies and regulatory moves expanding access to capital

Lead-to-buy cycle for homes above ₹3 cr jumps 58% amid selective demand

Homes priced above ₹3 crore saw a 58% rise in lead-to-buy conversion time in 2025 as buyers became more selective, even as overall housing conversion time fell 18% due to faster big-ticket purchases

Premium housing rises in 2025 as affordable sales fall 17%: Knight Frank

Premium homes above Rs 1 crore captured half of all residential sales in 2025, even as affordable housing saw a 17% YoY drop, signalling a structural shift in India's housing market

Prices for South Delhi luxury floors up 34% in 2025 on HNI backing

The steady migration of affluent households from other parts of Delhi towards South Delhi, driven by its superior social infrastructure, iconic value and lifestyle offering, has boosted demand

Shriram Properties buys land in Bengaluru to develop ₹600 cr project

Shriram Properties Ltd has bought a 4-acre land in Bengaluru to develop a housing project with an expected revenue of about Rs 600 crore. In a regulatory filing on Monday, the company informed that it has acquired a land parcel of about 4 acre on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction. It would develop a premium high-rise residential project on the land parcel. "The proposed development will comprise approximately 5 lakh sq ft of saleable area, with an estimated Gross Development Value (GDV) of Rs 550-600 crore," it said. GDV means the sales value of the 5 lakh sq ft saleable area. The project is expected to be launched during the latter part of 2026. Shriram Properties Ltd is one of the leading real estate developers in the country. It has a presence in Bengaluru, Chennai, Pune and West Bengal. The company has delivered 50 projects with a saleable area of 30.8 million square feet and it has a strong development pipeline comprising 42

Keystone Realtors to redevelop 8 societies in Mumbai, eyes ₹1,775 cr

Keystone Realtors Ltd will redevelop 8 housing societies in Mumbai and is expecting a revenue of Rs 1,775 crore from free sale area of around 5 lakh square feet in the upcoming project. Mumbai-based Keystone Realtors sells properties under 'Rustomjee' brand. In a regulatory filing on Monday, the company informed that it has been appointed as the developer for a large society redevelopment project of Om Nagar Co-operative Housing Society Federation Limited. The project involves the redevelopment of eight housing societies on a total land parcel of 20,569.90 square metres at Andheri (East), Mumbai. "The proposed redevelopment will result in the rehousing of 637 existing members across all societies and is expected to unlock a significant free sale potential of about 5 lakh sq ft of RERA carpet area, with an estimated Gross Development Value (GDV) of Rs 1,775 crore," the company said. Keystone Realtors CMD Boman Irani said the company is increasing its focus on large society ...

Q3FY26 realty earnings pass Labour Codes stress test with minimal cracks

Top developers report steady Q3 FY26 earnings; Labour Codes add limited compliance costs, with margins largely cushioned by strong pre-sales and project mix

SC remarks likely to help strengthen Rera and real estate industry

Experts said it is likely to push regulators toward stricter oversight, faster adjudication and more uniform application of rules, thereby raising compliance standards across the board