Real Estate

Paranjape Schemes to invest ₹700 crore to develop 1,400 homes in Pune

Realty firm Paranjape Schemes Construction Ltd will invest Rs 700 crore to develop four projects in Pune as part of its expansion plan. In a statement on Friday, the company said it has launched a series of new residential projects across Pune West as part of its upcoming festive season offerings. "Collectively, the upcoming launches represent a development potential of over 1.75 million sq ft across nearly 1400 residential units, with an estimated revenue potential of approximately Rs 1,175 crore...," Paranjape Schemes said. The company will invest around Rs 700 crore to build these 1400 units, said Amit Paranjape, Director-Business Development, Paranjape Schemes Construction Pvt Ltd. The festive season has traditionally been an important time for homebuyers in India, as it represents new beginnings and long-term investments for families, he added. "Alongside our new launches, we are also actively developing three large integrated townships that will shape the next phase of urban

TARC unveils Rs 3,600 cr housing project in Gurugram

The launch follows RERA approval for an additional phase

TARC expands its Gurugram project with launch of lshvara

lshvara marks the completion of a masterplan envisioned as a cohesive residential ecosystem defined by openness, proportion and architectural discipline

Hormuz effect: Your luxury flat will get pricier as construction costs soar

Shipping disruption pushes up construction costs, delays projects

Hormuz blockade may lead to increase in ultra-luxury house prices by 5%

Forced reroutes from Hormuz for ships carrying construction material may raise input costs, delay timelines and push up ultra-luxury housing prices in key cities

Homeland Group, VRC acquire Mohali land parcels for over ₹1,000 crore

Homeland Group and VRC acquire two prime land parcels in Mohali via GMADA auction, planning large mixed-use projects with premium residential and commercial spaces

Capgemini sells five Andheri office assets to Quest Coworks for ₹56 cr

The transaction involves five office units in Akruti Softech Park, located in the MIDC Marol Industrial Area-one of Mumbai's key commercial hubs.

Gulshan group ties up with IHCL for Taj-branded residences in Noida

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

Conversational AI startup VerbaFlo raises $7 million led by Pi Labs

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

Godrej Properties acquires 20 acre land parcel in Bengaluru, eyes ₹1,350 cr

Company plans to develop a premium residential project in Whitefield with an estimated revenue potential of ₹1,350 crore

Godrej Properties acquires 20 acre land in Bengaluru, eyes ₹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.

Actor Prabhu Deva sells 2 luxury flats in Mumbai's Mahalaxmi for ₹14.8 cr

Prabhu Deva sells two Mumbai luxury flats for ₹14.8 crore, marking an estimated 2-3x appreciation since 2012

Luxury high-rises drive Delhi property values up 27%, rentals up 7-9%

Developers like DLF, TARC, Godrej, and Unity Group are capitalizing on the rising demand for high-rise residential homes in New Delhi.

West Asia crisis: Reality check gets India on investors' realty list

UAE citizens, NRIs, family offices, regional investment groups evaluating India to broaden their allocation strategies

Smaller towns to drive next growth cycle in Indian housing market: Report

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

Brigade Group enters industrial realty with 25-acre park in Bengaluru

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 grows 6-fold since FY20 on listings, price gains: CBRE

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

BSE FMCG, IT, Realty indices hit 52-week lows; down up to 13% in 1 month

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.

Aurum PropTech sells Navi Mumbai buildings for ₹112 cr to fund AI push

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.

Land prices in tier-2 and tier-3 cities may rise up to 100% in 2 to 4 years

Cities such as Bhubaneswar, Cuttack, Erode, Puri, Varanasi and Visakhapatnam will spearhead the next growth cycle