Page 6 - Real Estate Developers

Tribeca eyes 8-12 projects in 3 years under new plotted housing arm

Tribeca launches a new vertical, Tribeca Estates, to focus on plotted developments, luxury villas, and hospitality-led townships across key Indian cities

Houses delivered in 9 major Indian cities up 33% in FY25: Report

Western and Southern markets report surge, trend expected to continue

Oberoi Realty Q4FY25 results: Net profit falls 45% to ₹433.2 crore

The company's net profit for Q4FY24 was ₹788.03 crore. The profit in Q4FY25 missed the Bloomberg analysts' poll estimate of ₹570 crore

Arkade Developers Q4 sales bookings up 11% at Rs 217 cr; FY25 rises 20%

Realty firm Arkade Developers Ltd on Tuesday reported an 11 per cent rise in sales bookings to Rs 217 crore for the latest quarter ended March. Its sales bookings stood at Rs 196 crore in the year-ago period. "During 2024-25, Arkade Developers achieved robust pre-sales (sales bookings) of Rs 773 crore, marking a 19.8 per cent increase from Rs 645 crore in the previous year. This growth reflects the continued demand for the residential portfolio of Arkade in the Mumbai region," the company said in a regulatory filing. The amount collected from customers stood at Rs 716 crore in the last fiscal, up by 21.8 per cent when compared to the preceding year. Mumbai-based Arkade sold 2,49,000 sq ft in 2024-25 compared to 2,03,000 sq ft in the preceding year, recording a 22.7 per cent annual growth. Arkade Developers Chairman and Managing Director Amit Jain said, "FY25 was a year of consistent performance and robust momentum. With a sharp focus on timely execution, sales velocity and custome

Smartworld, Tribeca to build ₹2,200-cr Trump luxury homes in Gurugram

Realty firms Smartworld Developers and Tribeca Developers on Wednesday announced that they will develop an ultra-luxury residential project in Gurugram under the 'Trump' brand with a total investment of around Rs 2,200 crore. M3M Group firm Smartworld Developers and Tribeca have launched the 'Trump Residences' project in Gurugram comprises 298 units. The project has a total saleable area of 12 lakh square feet. This is the second Trump-branded residential project in Gurugram and the sixth project in India. M3M Group, which is developing the first Trump project in Gurugram, will start giving possession from this month. "The total project cost will be around Rs 2,200 crore for this new Trump-branded project," Smartworld Developers co-founder Pankaj Bansal told reporters here. He said the project will be completed in five years. Kalpesh Mehta, Founder of Tribeca Developers, said, "Trump returns to Gurugram with second project. This reflects the strength of the Gurugram market and al

Golden Growth Fund buys land parcel in South Delhi, eyes ₹100 crore revenue

The fund plans to develop boutique luxury residences in Neeti Bagh area, targeting high-net-worth and ultra-high-net-worth individuals

Ashiana Housing Q4 bookings down 33% to ₹575 cr; FY25 sales at ₹1,937 cr

Realty firm Ashiana Housing Ltd's sales bookings declined 33 per cent to Rs 574.73 crore in the fourth quarter of the last fiscal, as it sold a lesser number of housing units. Its sales bookings stood at Rs 862.54 crore in the year-ago period. "597 units were booked in Q4 of FY25 vis-a-vis 451 units booked in Q3 of FY25 and 628 units booked in Q4 of FY24," Ashiana Housing said in a regulatory filing on Friday. However, the company's sales bookings rose 8 per cent to Rs 1,936.75 crore in the last fiscal against Rs 1,798.22 crore in 2023-24. "The sales value of Rs 1,936.75 crore was the highest-ever annual sales by the company," Ashiana Housing said. Delhi-based Ashiana Housing is one of the leading real estate developers in the country. The company focuses on developing group housing projects. It is also a major player in senior living homes.

Equity investments in real estate up 74% at $2.9 billion in Q1CY25

Bengaluru, Mumbai, and Delhi-NCR accounted for 67 per cent of the total equity inflows

Auto, realty cos expect sales rebound after RBI slashes repo rate

Sector experts and developers said the decision could draw homebuyers back into the market, particularly in the affordable housing segment

Brigade Enterprises share price gains 5%; here's what sparked the rally

The rise in the share price came after the Brigade Group signed a deal to develop 10 acres and 37 guntas of prime land in Mysuru, with a GDV of approximately ₹225 crore

Aditya Birla Real Estate gains 5% after arm launches residential project

The surge in the Aditya Birla Real Estate share price came after the company said its wholly-owned subsidiary, Birla Estates Private Limited, has launched a residential unit, Birla Punya, in Pune

Here's why Brigade Enterprises share price jumped 4% in trade on March 7

The surge in Brigade Enterprises share came after the company launched a residential project 'Brigade Altius' in Chennai with a revenue potential of Rs 1,700 crore

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

Real estate firms dominate QIP market in 2024, raise Rs 22,320 cr: Report

Institutional investors 'extremely bullish' about sector's growth potential, it says

Dahlias super-luxury project lays strong growth foundation for DLF

DLF sold 173 units with a total area of 1.85 million square feet (msf) at an average realisation of Rs 70 crore per residence

DLF shares: Dahlias' strong pre-sales trigger bullish calls by analysts

DLF's robust pipeline, including unsold inventory at Dahlias worth Rs 23,000 crore, along with upcoming launches in Goa and Gurugram, analysts believe, is expected to continue supporting strong sales

DLF's $4 billion ultra-luxury Indian project to take 4 years to build

Around 173 of the 420 units on offer have already been sold at $8 million each, and the $4 billion project is effectively being priced at $742 per square feet, DLF says

MicroMitti raises Rs 90 cr for proptech growth, real estate investments

Proptech firm MicroMitti has raised Rs 90 crore from investors to expand its business. In a statement on Thursday, MicroMitti said the company raised Rs 17.06 crore through a seed funding round for MicroMitti holding firm promoting real estate investment vehicles like SM-REIT (small and medium real estate investment trust), AIF (alternate investment fund) and private equity. It also raised Rs 72.94 crore for MicroMitti's special purpose vehicles doing real estate projects in Indore. Manoj Dhanotiya, founder and CEO of MicroMitti, said, "This funding marks a significant milestone for MicroMitti and highlights the trust and confidence of Indore's business community in our vision. The capital raised will fuel the expansion of our proptech platform, with a focus on AI-driven analytics and automation, while also supporting large-scale real estate developments aimed at generating long-term wealth. MicroMitti has also launched its US arm MicroMitti Inc. The expansion aims to attract globa

Signature Global sales bookings double to Rs 2,770 cr in Q3: Chairman

Realty firm Signature Global on Tuesday reported a more than two-fold jump in sales bookings to Rs 2,770 crore mainly on better demand for its housing projects in Gurugram. The company had sold properties worth Rs 1,260 crore in the year-ago period. Signature Global Chairman Pradeep Kumar Aggarwal attributed the growth in sales bookings to customers' trust in the company. "By aligning our strategy with market trends and focusing on delivering value through premium and mid-range housing, we have reached another important milestone," he said. The strong demand during the festive season underscores the appeal of its carefully designed projects. "Moving forward, we remain committed to refining our offerings to meet the evolving needs of homebuyers. With this momentum, Signature Global is well-positioned to seize new opportunities, reinforce its market presence, and continue creating lasting value for our stakeholders," Aggarwal said. Signature Global has so far delivered 120 lakh sq

Lodha achieves its highest quarterly pre-sales of Rs 4,510 crore in Q3

During the first nine months of FY25, the company's pre-sales stood at Rs 12,820 crore