Real Estate Firms

DLF yet to recognise over ₹55,000 crore revenue from sales booked till Q3

Realty major DLF Ltd is yet to recognise over Rs 55,000 crore revenue in its financial accounts from the total sales bookings done till December quarter of this fiscal. In its latest investors presentation, DLF Ltd said that the company has sold properties, primarily housing worth Rs 79,885 crore across its existing projects. Till December quarter of this fiscal, the company has recognised revenue of Rs 24,460 crore. The balance revenue to be recognised from sales booked stood at Rs 55,425 crore, the presentation said. DLF is developing residential projects mainly in Delhi-NCR, Mumbai, Tri-city (Chandigarh). In the real estate sector, the developers take advances from customers against sales booked. The revenue gets recognised after the completion of construction of projects or on the basis of percentage of completion method. DLF, the country's largest realty firm in terms of market capitalisation, reported a 16 per cent decline in sales bookings to Rs 16,176 crore in the first

Elan Group awards ₹840 crore construction contract to Tata Projects

Elan Group awards an Rs 840 crore construction contract to Tata Projects for its ultra-luxury residential project 'Elan-The Statement' in Sector 49, Gurugram

Embassy Developments to invest ₹7,000 crore in Mumbai housing market

Realty firm Embassy Developments on Tuesday said it will invest Rs 7,000 crore in the Mumbai property market to build three new luxury housing projects and complete three ongoing properties as part of its strategy to expand business amid strong consumer demand. Embassy Developments Ltd (EDL) will soon launch three projects at Juhu, Worli and Alibaug in the Mumbai Metropolitan Region (MMR). EDL, erstwhile Indiabulls Real Estate Ltd, is listed on stock exchanges as one of the leading real estate companies in the country. Bengaluru-based Embassy Group also has two other listed firms -- WeWork India and Embassy Office Parks REIT. "We are ready for the next chapter of growth in Mumbai," EDL Chairman Jitu Virwani told reporters here. He said the housing demand continues to be strong. "Mumbai is an important market for us. We will be investing Rs 7,000 crore in MMR," EDL Managing Director Aditya Virwani told reporters here. He said the investments will be focused on completing the thre

Property developer K Raheja weighs IPO that could raise up to $700 million

K Raheja has yet to formally appoint advisers and key details including the timing, structure, and size of the deal could still change

Sunteck Realty to launch ₹3,000 crore ultra-luxury goregaon project

Sunteck's rental revenue is expected to rise from Rs 70 crore in fiscal year 2025 (FY25) to Rs 320 crore and capital value from Rs 1,050 crore to Rs 5,000 crore by FY28-29

Residential assets lead as Gurugram attracts ₹86K cr investments in 2025

With ₹86,588 crore in projects cleared in 2025, Gurugram cements its place as India's hottest real estate hub-spanning premium homes, IT parks and mass housing

Prestige Estates Q3FY26 sales bookings jump 39% to ₹4,184 cr on high demand

Realty firm Prestige Estates Projects Ltd has reported a 39 per cent increase in its sales bookings to Rs 4183.6 crore in the third quarter of this financial year on better demand for its housing properties. In a regulatory filing late Wednesday, the Bengaluru-based company informed that the company's sales bookings or pre-sales jumped over two times to Rs 22,327.3 crore during the first nine months of this fiscal year. Irfan Razack, Chairman & Managing Director, Prestige Estates Projects Ltd, said, "The record-breaking performance delivered in the first nine months of FY26 is a strong validation of the demand environment for our portfolio and the strength of our execution platform." "Achieving our highest-ever sales and collections, surpassing even previous full-year peaks within just nine months, reflects the trust customers continue to place in the Prestige brand and the consistency of our market positioning," he added. Sales volume stood at 2.99 million sq ft in the third ...

Why did Omaxe shares skyrocket 17% in trade today? Find out here

At 1:10 PM, Omaxe shares were trading 16.15 per cent higher at ₹84.30 per share. By comparison, BSE Sensex was trading 0.6 per cent lower at 83,371.45 levels.

Lodha Developers acquires 5 land parcels in Q3 for projects worth ₹34k cr

Realty firm Lodha Developers Ltd has acquired 5 land parcels in Mumbai, Delhi-NCR, and Bengaluru in the last quarter to develop projects, which have an estimated sales value of nearly Rs 34,000 crore. Mumbai-based Lodha Developers Ltd, which sells properties under the Lodha brand, acquires land parcels through outright purchases and partnerships with landowners to create a strong pipeline of future projects. According to the company's latest operational update on stock exchanges, Lodha Developers acquired five land parcels in the October-December period of the 2025-26 fiscal across Mumbai Metropolitan Region (MMR), Delhi-NCR, and Bengaluru. The company would develop real estate projects, primarily housing, on these land parcels. The total revenue potential of these five projects is estimated at Rs 33,800 crore. "In Q3, FY26, we added five projects with GDV (gross development value) of Rs 338 billion (Rs 33,800 crore) in MMR, NCR and Bengaluru," Lodha said in the update. The GDV i

Keystone Realtors' Q3FY26 sales bookings decline 3% to ₹837 crore

Realty firm Keystone Realtors Ltd on Friday reported a 3 per cent decline in its sales bookings to Rs 837 crore in the third quarter of this fiscal as it launched only one housing project. Its sales bookings stood at Rs 863 crore in the year-ago period. Mumbai-based Keystone Realtors Ltd sells properties under Rustomjee brand. During the first nine months of this fiscal, the company's sales bookings grew 23 per cent to Rs 2,676 crore as compared to Rs 2,174 crore in the corresponding period of the preceding year, according to a regulatory filing. Boman Irani, CMD of Keystone Realtors Ltd, said the company continues to demonstrate strong operational momentum. He said the October-December period "marked a quarter of robust performance, reinforcing the strength of our business model, disciplined execution, and consistent growth". Keystone Realtors has achieved 67 per cent of pre-sales guidance for this financial year. In the third quarter, the company launched one project with an .

Institutional investments in Indian real estate hit record $8.5 bn in 2025

Colliers India said the December quarter alone saw $4.2 billion of investments, the highest ever in a single quarter, with domestic capital accounting for 57 per cent of annual inflows

Ageing CBD offices emerge as next growth play for developers, investors

With land scarce in CBDs and demand for grade A offices strong, developers, investors are increasingly redeveloping ageing office stock to unlock value, improve sustainability, boost long-term returns

Sundaram Alternates Credit Fund announces first close at ₹1,000 cr

The fundraise remains open and is expected to conclude by March 2026, with a targeted final corpus of ₹1,500-2,000 crore

Resilient housing demand keeps top realty developers on FY26 track: Nomura

Nomura highlights that developers are on track for a third consecutive quarter of steady sales momentum, driven largely by sustained interest in branded residential offerings.

Mirae Asset Sharekhan sees upside for Lodha on launches, Palava push

On the bourses, meanwhile, Lodha Developers share price was trading 0.09 per cent lower at ₹1,078.40 per share around 10:50 AM. By comparison, BSE Sensex was trading 0.21 per cent lower at 85,226.75.

Keystone Realtors to launch ₹3,000 crore ultra-luxury Mumbai project: CMD

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

Motilal Oswal starts coverage on Aditya Birla Real Estate with 33% upside

On the bourses, ABREL Share price surged up to 3.01 per cent to hit an intraday high of ₹1,770.65 per share.

Japan's Sumitomo Realty puts India bet on Mumbai and serviced apartments

Sumitomo has previously called Mumbai its 'second growth engine' after Tokyo, where it manages 240 buildings

Geographic diversification, Palava to support Lodha growth, says Nuvama

Lodha Developers stock: This momentum, analysts believe, is underpinned by increasing geographic diversification, a broad-based product portfolio, & emerging value-unlocking opportunities at Palava.

Brookfield India Reit raises ₹3,500 cr via QIP to fund expansion plans

The Reit's manager has approved the allotment of about 10.93 crore units to successful eligible institutional investors at an issue price of ₹320 per unit