Page 11 - Real Estate Firms

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

Realty advisory firm Grahm aims to invest about Rs 100 cr by FY26

Company to hire 300 employees, expand in 7 cities after Bengaluru

Prestige Group announces residential launches with GDV of Rs 16,133.8 cr

The Group's launches spanned key cities such as Bengaluru, Mumbai, and Hyderabad, covering a total developable area of 14.03 million square feet and comprising 4,548 units

Pvt equity inflow in Indian real estate down 3% to $3.7 bn in FY25: Anarock

Private equity investments in Indian real estate declined 3 pc last fiscal year to USD 3.7 billion due to lower fund inflow in office buildings, according to Anarock. Real estate consultant Anarock's arm Anarock Capital on Monday released its data of private equity (PE) deals in Indian real estate. As per the data, the PE investments in real estate declined to USD 3.7 billion in 2024-25 from USD 3.8 billion in the preceding year. During the 2020-21 fiscal year, the PE inflow was USD 6.4 billion, but the investments fell in 2021-22 to USD 4.3 billion. It marginally improved in the 2022-23 fiscal year to USD 4.4 billion before decreasing in 2023-24. Shobhit Agarwal, MD & CEO, ANAROCK Capital, said, "PE investments have steadily declined over the past five years, dropping from USD 6.4 billion in FY21 to approximately USD 3.7 billion in FY25. This represents a 43 per cent decrease from FY21 levels, primarily driven by reduced foreign investor activity amid heightened global ...

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Office segment drove one-third of the institutional inflows during the first quarter of 2025, at $ 0.4 billion worth of investments

Real estate developer Runwal Enterprises files papers for ₹1,000 crore IPO

The entire issue comprises a fresh offer of equity shares with a face value of Rs 2 each

Aditya Birla Real Estate up 3% on divesting paper unit for Rs 3,498-crore

The rise in the Aditya Birla Real Estate shares came after the company sold its Century Pulp & Paper business to ITC for Rs 3,498 crore on a slump sale basis.

Atmosphere Realty clears Rs 218 crore debt from Marubeni Corporation

Atmosphere Realty Pvt Ltd has cleared Rs 218-crore debt from Japan's Marubeni Corporation through early redemption of debentures issued by the company. Atmosphere Realty is a joint venture of The Wadhwa Group (50 per cent stake), Man Infra Construction Ltd (30 per cent) and Chandak Realtors Pvt Ltd (20 per cent). In a statement on Wednesday, Atmosphere Realty said it has successfully completed the early redemption of its secured Non-Convertible Debentures (NCDs), much ahead of the scheduled maturity date. The debentures were originally set to mature on December 9, 2030, with a maximum tenor of 10 years. These NCDs were fully redeemed on March 24, 2025. Atmosphere Realty had issued 2,179 debentures at a face value of Rs 10 lakh each aggregating to Rs 217.9 crore on December 9, 2020. These NCDs were acquired by Marubeni Corporation. The early redemption was possible from healthy sales and internal accruals driven by the success of 'Atmosphere O2', a premium gated-community project .

DLF acquires nearly 50% stake in DLF Urban from GIC for Rs 497 crore

Real estate major DLF has acquired nearly 50 per cent stake in its arm DLF Urban Pvt Ltd from Singapore-based GIC for Rs 497 crore. With this deal, DLF will have 100 per cent stake in DLF Urban Pvt Ltd, which has already completed a luxury housing project in the national capital. DLF's wholly-owned subsidiary DLF Home Developers Ltd (DHDL) has "acquired 49.997 per cent of the total paid-up equity share capital and compulsorily convertible debentures held by Reco Greens Pte Ltd in DLF Urban Pvt Ltd, a subsidiary of DHDL." Reco Greens Pte Ltd is a subsidiary of Singapore sovereign wealth GIC. A Securities Purchase Agreement was executed on March 25, 2025 amongst DHDL, Reco and DLF Urban Pvt Ltd (DUPL), DLF said in a regulatory filing on Tuesday. Post this acquisition, the holding of DHDL in the share capital of DUPL has increased from 50.003 per cent to 100 per cent. Consequently, DUPL has become a wholly-owned subsidiary of DHDL and also of DLF Ltd. The cost of acquisition stood a

Omaxe to invest Rs 400 cr to develop 2 commercial projects in Faridabad

Real estate company Omaxe will invest Rs 400 crore to develop two new commercial projects in Faridabad, Haryana, to expand its business. The two new projects will be part of its 120-acre mixed-use development named 'World Street by Omaxe'. The first commercial project New Singapore is spread over 11.6 acre, comprising 15 lakh square feet of area largely retail spaces, while the other project Clarkee, covering nearly 2 acre, will be developed as party and nightlife destination. The projects are expected to be completed by 2029. The total estimated cost to build these two projects is over Rs 400 crore, Omaxe said, adding that this will be funded through internal accruals. The company has launched around 700 units so far. The rates in these two projects range between Rs 4,000 per square feet to Rs 10,000 per square feet. Designed as Faridabad's ultimate nightlife destination, Clarkee will host 15+ nightclubs, bars, and restaurants. Omaxe Group Managing Director Mohit Goel said, "T

Signature Global acquires 8.39 acre land in Gurugram for Rs 282 crore

Real estate firm Signature Global (India) Ltd has acquired 8.39 acres of land in Gurugram for Rs 282 crore to develop a housing project and is expecting a revenue of around Rs 3,200 crore. In a statement on Friday, the company said it has "acquired 8.39 acre land at Sector 37D, Gurugram, Haryana, at a cost of Rs 282.42 crore". The overall development potential of this land is about 20 lakh square feet. The company intends to launch the project on this land parcel by the end of the next financial year (2025-26) and expects total revenue of around Rs 3,200 crore, Signature Global said. On the development, Pradeep Aggarwal, Founder & Chairman of Signature Global, said, "Gurugram's housing market has experienced exceptional growth in recent years, with Dwarka Expressway emerging as India's fastest-growing real estate corridor." "Given the success of our past projects, we are confident that our upcoming development in this sector will receive an overwhelming response upon launch," he .

Signature Global shares zoom 8% on acquiring 8.38-acre land in Gurugram

The rise came after the company said that it has acquired 8.39 acres of land at Sector 37D, Gurugram, Haryana, near Dwarka Expressway at a cost of ₹282.42 crore

MICL launches Avaan Tower 2, pegs success on tallest tower in country

Manan Shah, MD at MICL, said that the project will offer 3, 4, and 5 BHK ultra-luxury residences, ranging from 1,300 to 3,282 sq ft carpet area, priced between Rs 24 crore and Rs 35 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

Indian developers buy land parcels worth Rs 39,700 crore in 2024: JLL

Investments of about Rs 62,328 crore will be needed to develop these land parcels

NCLT approves resolution plan for Universal Buildwell's stalled projects

It is one of the most complicated cases, involving multiple projects in prime locations in Faridabad and Gurugram and more than 1,000 homebuyers

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

India's differentiator in realty is vibrant work ecosystem: Neil Murray

Murray shared his insights on the country's growing commercial real estate sector

Arkade Developers aims for Rs 740 cr from redevelopment project in Mumbai

Real estate company Arkade Developers on Wednesday said it has bagged redevelopment rights for a co-operative housing society in Mumbai and it is expecting Rs 740 crore revenue from this upcoming residential project. In a regulatory filing, the company informed that it has "secured the redevelopment rights for Nutan Ayojan, a co-operative housing society in Malad West, marking another milestone in its strategic expansion across Mumbai's prime micro-markets." The project, spanning 6,858.90 square metres, is expected to generate a Gross Development Value (GDV) of about Rs 740 crore. The total saleable RERA carpet area is 2.33 lakh square feet. Upon completion, the project will offer 408 homes, out of which about 215 units will be available for sale, further expanding its residential and commercial footprint. Amit Jain, Chairman and Managing Director of Arkade Developers, said, "Aligned with our broader vision, we aim to capitalise on high-growth micro-markets through redevelopment, .

Nexus Select Trust acquires Vega City Mall in Bengaluru for Rs 913 crore

This is Nexus Select's fourth mall acquisition in Bengaluru, making it the largest retail platform in the city in terms of the number of malls