Page 5 - Real Estate Firms

Sunteck Realty launches uber luxury brand, eyes ₹20,000 crore revenue

The first projects include an ultra-luxury development at Nepeansea Road in South Mumbai and another in Downtown Dubai's Burj Khalifa community, marking Sunteck's international debut

ONE Group launches The Clermont in Mohali, targets ₹400 cr revenue

ONE Group Developers launches The Clermont in Mohali with 216 units, projected revenue of ₹400 crore and modern aluminium formwork technology for quality and timely delivery

Sri Lotus Developers stock price today: Up 6% on Motilal Oswal 'Buy' rating

Sri Lotus Developers share price jumped after domestic brokerage Motilal Oswal initiated coverage on the stock with a 'Buy' rating, with a target of ₹250 per share, which reflects an upside of 35%.

Brokers' body resolves differences with MagicBricks after disrespect row

In May this year, NAR India had directed its members to cease all listings, advertisements, and business transactions with MagicBricks and avoid all engagement with the platform

Hero Realty buys land in Mohali for over Rs 260 cr to build project

Hero Realty has purchased 8.71 acre land in Mohali for over Rs 260 crore to develop a real estate project. The company, through its entity Vikas Parks Pvt Ltd, has acquired a prime land parcel spanning 8.71 acre in Sector 99, Mohali, through an auction conducted by Greater Mohali Area Development Authority (GMADA), Hero Realty said in a statement. Hero Realty has bought this land for Rs 262.75 crore. Rohit Kishore, CEO of Hero Realty, said, "Mohali has always been a strategically important market for us." The company is developing a 18.5 acre project in Sector 88, Mohali. It has already delivered 544 units across seven towers in Phase 1 and has also started handing over possessions of Phase 2, which has another 650 units. The third phase has been launched recently. Hero Realty is currently developing over 5.2 million square feet of residential projects across Delhi-NCR and Punjab. The company has delivered over 230 acre of industrial parks in Haridwar and has developed 6 million

BNP Paribas leases 1.45 lakh sq ft office space in Thane for ₹95 lakh

BNP Paribas has leased 1.45 lakh sq ft at Hiranandani Centaurus in Thane West for Rs 94.95 lakh monthly rent as BFSI sector demand drives office leasing growth in India

Real estate stocks burn investor pockets in 2025; is rebound on the cards?

Real estate sector/stocks: The Nifty Realty index has slumped nearly 14 per cent so far in 2025 (till Sept 15), in sharp contrast to the 6 per cent gain in the benchmark Nifty50 index.

Credai urges land reforms, ease of doing biz to boost Indian real estate

Land reforms, ease of doing business, faster building plan approvals with lower charges, skilling, and creation of new cities are required to transform the Indian real estate sector, according to Credai. Realtors' apex body CREDAI, which represents more than 13,000 developers as members, has come out with a report, 'The National Real Estate Development Framework 'Vision 2047' at its annual conference here. "The future of Indian real estate is not just about creating buildings, but about building communities, livelihoods, and aspirations," Credai National President Shekhar Patel said. The report is both a vision document and a call to action, inviting all stakeholders to come together to transform India's real estate sector and make it globally competitive, he added. Patel said the real estate sector would play an important role in making India a developed nation by 2047. To transform this sector, Credai has suggested a framework comprising nine pillars. Seeking land reforms, the

SC asks Centre to consider expanding SWAMIH to finance insolvent projects

The apex court said that liquidation of viable projects must be avoided and that the state cannot remain a "silent spectator" when the livelihoods of millions are at stake

India's real estate likely to touch ₹5-10 trillion by 2047: Report

India's real estate sector could reach USD 5-10 trillion by 2047, contributing up to one-fifth of GDP, driven by urbanisation, infra growth, sustainability mandates and investor interest

₹10 lakh crore stuck in stalled housing projects, warns investment advisor

Locked-up capital could cause 'unbelievable pain' to families and pose risk to the economy, he says

Max Estates buys 7.25-acre Gurugram land at Rs 534 cr for housing project

The land parcel has a group housing development potential of 1.3 mn square feet, and will complement its Estate 360 project located on Dwarka Expressway in Sector 36A

India's REITs, InvITs AUM cross ₹9 trn, projected to hit ₹25 trn by 2030

Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) instruments are becoming popular in India as their combined assets under management have crossed Rs 9 lakh crore in the last nine years, according to industry bodies IRA and BIA. The combined AUM of REITs and InvITs are expected to touch Rs 25 lakh crore by 2030, as per the projections of The Indian REITs Association (IRA) and Bharat InvITs Association (BIA). At present, there are five listed REITs in India Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Currently, there are 27 Sebi-registered InvITs, and out of these, five are publicly listed on the stock exchanges, while 23 are privately listed. The first InvIT was registered in 2016, while the first REIT got listed in 2019. On Friday, IRA and BIA, which jointly hosted their first product awareness programme in the national capital, highlighted that the

India's top cities hold 106 mn sq ft TOD real estate potential: CBRE

CBRE estimates 106 million sq ft TOD-linked real estate potential in India's top cities, with Delhi-NCR, Mumbai, and Chennai leading growth around major transit hubs

Puravankara shares zoom 7% as arm bags Malabar Hill redevelopment project

At 10:45 AM, Puravankara share was trading 2.08 per cent higher at ₹292.25. In comparison, BSE Sensex was trading 0.42 per cent higher at 80,704.82 levels.

4 reasons why Motilal Oswal upgraded Phoenix Mills to 'Buy'; target raised

On the bourses, Phoenix Mills share has gained nearly 3 per cent over the past month, although it remains 4.5 per cent lower on a year-to-date (YTD) basis.

Top developers on track to hit ₹1.49 trn pre-sales target in FY26: Anarock

India's top 10 listed developers logged ₹44,317 crore in Q1 pre-sales, nearly 30% of their FY26 target of ₹1.49 trillion, with DLF and Prestige leading the momentum

Signature Global buys 33.47 acre land parcels in Gurugram for ₹450 cr

Realty firm Signature Global Ltd has purchased 33.47 acre land parcels at Sohna, Gurugram, for around Rs 450 crore to develop housing projects, a top company official said. Gurugram-based Signature Global is one of the leading real estate developers in the country. The company became the fifth largest player in the last fiscal year in terms of pre-sales, selling properties worth Rs 10,290 crore. "We have recently purchased a total of 33.47 acre land in Sohna Gurugram," Signature Global Chairman Pradeep Kumar Aggarwal told PTI on the sidelines of NAREDCO's convention on Saturday. He said the cost of acquisitions stood around Rs 450 crore. These land parcels were bought through three separate sale deeds. The total development potential is around 18 lakh sq ft. "We are always looking for land parcels to expand our business. In Delhi-NCR, we are evaluating multiple deals in Gurugram, Noida, Greater Noida, and Delhi," he said. Land acquisitions in any financial year should be equivale

Top 8 cities grapple with severe undersupply of affordable houses: Report

Demand for affordable housing projected to reach 30 mn units by 2030

Rera reshapes India's housing market, boosts investor confidence: Report

Knight Frank-Naredco report says Rera has curbed speculation, moderated prices, restored consumer trust and attracted long-term investor inflows into India's housing sector